Analysts at Keefe, Bruyette & Woods on Monday said the common shares of Fannie Mae and Freddie Mac are likely worthless even if the troubled mortgage-finance giants end up being recapitalized by the banking industry. KBW analysts led by Bose...

A threefer, first up, MarketWatch: Cisco Systems Inc. is on deck as the next tech bellwether to report quarterly results, with Wall Street anticipating big drops in sales and profit.

A repost from last year: Half day on Friday. A couple pictures at other websites. From Environmental Capital: Serve yourself (AP)From Dealbreaker: (I was creeped me out the first time I saw it on the show, now it's kinda grown on me) And...

From MarketBeat: The euro hit a fresh high for 2009 at $1.5144 as selloff in the greenback took another big jump in New York afternoon trading....Making this pronouncement from a week ago look a bit silly: I don't have anything concrete I can point to...

I know Mr. Buffett said he'd hold the warrants until the day before expiration but still... From Bespoke Investment Group: While there probably aren't a lot of people shedding tears over it, the stock of Goldman Sachs (GS) can't seem to get out of its...

From our Aug. 4 post "U.S. refiners see shakeout under climate change bill (TSO;VLO)": ...It would appear that the House climate bill was a disguised gasoline tax with the political advantages of being opaque and outsourcing the actual tax collection...

Lifted from Kedrosky: A handy-dandy bubble checklist, where "EM" is the current "emerging markets" fun. The post I was actually going for was "Tail Risks II: Extreme Events in Society and the Economy":Great new Watson Wyatt report on extreme risks in...