Financial News from Closing Bell from 3/6/2009

CGI Group, Incorporated (GIB) Discussed on CNBC's Closing Bell

CGI Group, Incorporated is in the news. Find out how this impacts GIB trading on Ockham Research.

A recession, and higher costs everywhere else and potentially >> well, that is what is great, it is something new for the consumer to buy constantly. You will see progression in films over new CGI and new special effects, but nothing like the computer games which has advanced so much in the five >> anything in the pipeline, evan, to get the consumers out to continue to buy? >> well, we have just had an

“… es which has advanced so much in the five >> anything in the pipeline, evan, to get the consumers out to continue to buy? >> well, we have just had an …”

KB Home (KBH) Discussed on CNBC's Closing Bell

KB Home is in the news. Find out how this impacts KBH trading on Ockham Research.

Shareholders of millions of dollars. Cnbc's jane wells joins us. >> it's one of the few criminal cases involving ceo bruce carrot seen in the video in 2002. Former head of KB HOME, left in a cloud in 2006, facing 20 counts of fraud and making false statements, accused of secretly backdating hundreds of millions of dollars in stock-based compensation awarded to himself and other executives to make it

“… ents, accused of secretly backdating hundreds of millions of dollars in stock-based compensation awarded to himself and other executives to make it …”

Freddie Mac (FRE) Discussed on CNBC's Closing Bell

Freddie Mac is in the news. Find out how this impacts FRE trading on Ockham Research.

Paying their mortgage, but as a quid pro quo, anybody who's lost a home in the last year and a half or, say, loses a home over the next year and a half, if they apply for a fannie or FREDDIE MAC mortgage, you know what, that can't be counted, that's blochd out, not allowed to be used. >> it's an interesting idea but it seems to me that those people who got foreclosed on may have not the wherewithal to go out and buy another home. >> that's wuj of the issues.

“… d out, not allowed to be used. >> it's an interesting idea but it seems to me that those people who got foreclosed on may have not the wherewithal to go out and buy another home. >> that's wuj of the issues. …”

Bank of America Corporation (BAC) Discussed on CNBC's Closing Bell

Bank of America Corporation is in the news. Find out how this impacts BAC trading on Ockham Research.

Or general electric, also aaa rated, a higher default threat than russia? Well, the current spreads in the cds market suggest that they it's an anomaly that BANK OF AMERICA-merrill's michael hartnett calls "a credit extreme." he also says it's an example of the anarchy that still exists in the credit markets. Essentially, you have small,

“… of the anarchy that still exists in the credit markets. Essentially, you have small, …”

General Electric Company (GE) Discussed on CNBC's Closing Bell

General Electric Company is in the news. Find out how this impacts GE trading on Ockham Research.

Out of whack. For example, would you say that warren buffett's aaa-rated berkshire hathaway is really a riskier bet than vietnam? Or GENERAL ELECTRIC, also aaa rated, a higher default threat than russia? Well, the current spreads in the cds market suggest that they it's an anomaly that bank of america-merrill's michael

“… that they it's an anomaly that bank of america-merrill's michael …”

General Electric Company (GE) Discussed on CNBC's Closing Bell

General Electric Company is in the news. Find out how this impacts GE trading on Ockham Research.

>>> welcome back. Here's a quick look at how the major averages closed out the the dow jones industrial average for the week down by about 7% but for the day a turnaround late in the session with shares of GENERAL ELECTRIC, for instance, higher by 7%, the index itself finishing higher by the nasdaq was weak today it was in fact the lowest close since down by just about six points.

“… index itself finishing higher by the nasdaq was weak today it was in fact the lowest close since down by just about six points. …”

Bank of America Corporation (BAC) Discussed on CNBC's Closing Bell

Bank of America Corporation is in the news. Find out how this impacts BAC trading on Ockham Research.

Sent to barn grank,ey frank, the king of the hill, demanding this information be made public. So that's a long story, but obviously this dispute between BANK OF AMERICA and attorney general cuomo taking a nasty turn this afternoon, melissa. >> thank you very much, tyler. Seems like a soap opera going >> absolutely. >> tyler mathisen. Well, still to come, the white

“… ery much, tyler. Seems like a soap opera going >> absolutely. >> tyler mathisen. Well, still to come, the white …”

JPMorgan Chase & Company (JPM) Discussed on CNBC's Closing Bell

JPMorgan Chase & Company is in the news. Find out how this impacts JPM trading on Ockham Research.

Guys can buy these bad assets by subsidies from the treasure. But the whole issue with bad banks is again going back to what price would these banks clear some of these assets out. But saying that I don't think JPMORGAN's ready to take private equity just to replace the tarp but it's something that we're looking at and considering and i'm sure there's a lot of outcomes going on right now.

“… to replace the tarp but it's something that we're looking at and considering and i'm sure there's a lot of outcomes going on right now. …”

Wells Fargo & Company (WFC) Discussed on CNBC's Closing Bell

Wells Fargo & Company is in the news. Find out how this impacts WFC trading on Ockham Research.

Of private equity there are some companies that I look to for that list that are looking to exit the tarp program rather quickly. Look at jpmorgan and a northern trust, WELLS FARGO a little bit down the list, u.S. Bancorp, these companies have come out and said listen, we have plans to exit this sooner rather than

“… d said listen, we have plans to exit this sooner rather than …”

Northern Trust Corporation (NTRS) Discussed on CNBC's Closing Bell

Northern Trust Corporation is in the news. Find out how this impacts NTRS trading on Ockham Research.

>> well, I think along the lines of private equity there are some companies that I look to for that list that are looking to exit the tarp program rather quickly. Look at jpmorgan and a NORTHERN TRUST, wells fargo a little bit down the list, u.S. Bancorp, these companies have come out and said listen, we have plans

“… these companies have come out and said listen, we have plans …”