Barclays and Bank of America dropped out yesterday in the effort to save Lehman Brothers ( LEH ). This led to only one thing. A Chapter 11 Bankruptcy Filing. Lehman Brothers ( LEH ) now will be wiped out on the equity side but is still trading in pre market at .46 cents per share.
AIG is very week this morning and they appear to need Capital or they could be next. AIG is trading at 7.03 down 42%.
MER Merrill Lynch is up 20% in pre market on the buyout news.
Who could be next? AIG, Washington Mutual ( WM ) all trading very low from a week ago.
Showing posts with label wm - washington mutual. Show all posts
Showing posts with label wm - washington mutual. Show all posts
Monday, September 15, 2008
Friday, September 12, 2008
( JPM ) ( WM ) JP Morgan - Washington Mutual - JP Morgan in advance talks to aquire WaMu
CNBC is reporting that JP Morgan ( JPM ) is in advance talks to aquire Washington Mutual ( WM ).....WM jumped 10% on this news to $3.22.
( WM ) Washington Mutual 9/12/08 - WM Stock up Pre Market Trading
This morning WM Washington Mutual Shares are up about 6% to $3.00 per share in Pre Market trading. WAMU has been feared of going out of business along with LEH Lehman Brothers. There are talks that Lehman night get bought out by Monday and I think this will cause a spike in WM shares. High risk though, but keep an eye on this situation!
Shares of WM are also up because Goldman Sachs ( GS ) is coming out this morning and upgrading Washington Mutual from Sell to Neutral.
For more recent news....go to the home page or click the labels below
http://blackberrystocks.com
Shares of WM are also up because Goldman Sachs ( GS ) is coming out this morning and upgrading Washington Mutual from Sell to Neutral.
For more recent news....go to the home page or click the labels below
http://blackberrystocks.com
Subscribe to:
Posts (Atom)