As always, piece was available to subscribers well before pricing and open. VRSK - Verisk Analytics plans on offering 85.25 million shares in a range of $19-$21. Insiders will be selling all of the shares in this deal, VRSK will receive no monies. If over-allotments are exercised, insiders will be offering 12.75 million shares bringing the total deal size to 98 million shares. BofA/Merrill Lynch and Morgan Stanley are leading the deal, JP Morgan, Wells Fargo, William Blair, Fox-Pitt Kelton a ..

DrStockPick.com Stock Report!

Wednesday August 19, 2009

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Emisphere Technologies, Inc. (OTC BB: EMIS) today announced that it has received commitments from two institutional investors to purchase $4 million of securities in a registered direct offering. Emisphere entered into a securities purchase agreement with these investors pursuant to which Emisphere has agreed to sell an aggregate of 5,714,286 shares of its common stock and warrants to purchase up to 2,685,714 additional shares of its common stock. Each unit, consisting of one share of common stock and a warrant to purchase 0.47 of a share of common stock, will be sold for a purchase price of $0.70.

Lake Victoria Mining Company, Inc.

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Friday August 14, 2009

PennyOmega.com Stock Report!

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W. R. Berkley Corporation (NYSE: WRB) today announced the formation of Berkley North Pacific Group, LLC, an operating unit that will be part of its regional segment. Berkley North Pacific Group will be based in Seattle, Washington. Together with our current presence in Boise, Idaho that we intend to maintain, Berkley North Pacific Group will provide standard commercial lines insurance services and expertise to a wide range of businesses throughout the Pacific Northwest utilizing the independent agency system.

Based on popular online votes cast and scoring by a panel of JetBlue judges, JetBlue Airways (Nasdaq: JBLU) and Superfly Marketing Group

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div style="text-align: justify;"Fox-Pitt recommends closing their March 11 trade — a long/short strategy of long Banks and short Pamp;C Insurance and Insurance Brokers.br /br /span style="font-weight: bold;"At that time, their analysis was based on: /span1) the depressed values of financials, and especially the Banks sector, since the Inauguration; 2) the potential run-up in Banks as short-covering, changes in Mark-to-Market rules, and plans for distressed assets benefited the stock prices over the short term; and, 3) the movement wherein banks had become strongly negatively correlated with the Pamp;C Insurance and Insurance Brokers sector.br /br /In their March 11 note, they also suggested unwinding the trade before April as the market braces for another bad quarter for the Banks sector. After the recent run-up, the firm believes that unwinding the trade is appropriate at this time. Short covering has probably run its course, the latest plan from Secretary Geithner has provided a ...

The board of directors of Citigroup Inc. (C) will meet today to look at beleaguered banking giant’s options after its shares hit a 15-year low, and speculation is escalating that it will have to look at a break-up, spin-off or sale of at least part of the bank.

Citi’s shares have plunged 50% this week – including 26.4% yesterday, when they dropped $1.69 each to close at $4.71. It’s the first time since 1994 that the shares closed below $5.

Citigroup, once the biggest U.S. bank with a stock-market value of $274 billion at the end of 2006, dropped yesterday to about $26 billion, slipping to the last spot after Minneapolis-based U.S. Bancorp (USB) in a list of the Top 5 U.S. banks as measured by market value. Neither a plan by Chief Executive Officer Vikram S. Pandit announced this week to cut costs by

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Embattled U.S. banking giant Citigroup Inc. (C) has agreed to buy back $17.4 billion of assets remaining in a series of funds known as structured investment vehicles, or SIVs, after it previously agreed to guarantee the liabilities in those funds.

In a separate story today (Wednesday), Wall Street banking analyst David Trone said that he expects higher credit costs and additional losses to force Citi to take $3 billion in write-downs in the year’s final quarter, a realization that prompted him to boost his quarterly loss estimate for the company and cut his target price for the stock.

“The key question is whether management will be able to continue to find buyers for business units, which is necessary to fortify the capital base against further credit losses and write-downs,” Trone, an analyst with Fox-Pitt Kelton Cochrane Caronia Waller, wrote in a research note to clients.

Fox-Pitt boosted its quarterly loss

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