The manager thinks infrastructure needs make the electricity network a good place to be.
Banks Face Mountain of Plastic
BofA, JPMorgan and WaMu find credit-card charge offs rising as economic weakness sets in.
05/14/08 - 03:30 PM EDT
WaMu COO: We're Not Done Hemorrhaging
Washington Mutual's Rotella says the bank didn't prepare adequately for the housing and credit downturns and expects another $8 billion to $15 billion in charge-offs.
05/14/08 - 03:29 PM EDT
Accounting Changes Hide Freddie's Flaws
New practices let the housing giant beat first-quarter expectations; meanwhile, RealtyTrac reports U.S. foreclosure filings climbed 65% in April.
05/14/08 - 12:22 PM EDT
Kass: Trading Against the Trend
I am shorting some names into today's ramp.
05/14/08 - 12:06 PM EDT
Fidelity, Other Firms Shuffle Managers
Legg Mason, Northern Institutional and Waddell & Reed also make some changes.
05/14/08 - 09:53 AM EDT
Dykstra's Deep-in-the-Money Call: Morgan Stanley
The January calls should deliver a return on this financial services behemoth.
05/14/08 - 07:26 AM EDT
Westpac to Acquire St. George Bank
The all-stock deal will create Australia's largest bank.
05/13/08 - 04:37 PM EDT
Financial Winners & Losers: IndyMac
IndyMac falls on a lowered price target.
05/13/08 - 02:32 PM EDT
Bernanke: Credit Crisis Isn't Over Yet
In a televised speech, the Fed chairman cites ongoing financial market troubles and says Wall Street needs to address the fundamental sources of strain.
05/13/08 - 10:05 AM EDT
Cramer: Apple's a Lasting Winner
Jim Cramer says Apple is a wonder stock, so open up your minds, take profits, and get long.
05/13/08 - 12:59 PM EDT
Kass: Buffett Veers Off His Investment Path
After years of shunning derivatives, he has immersed himself in a large and unprofitable derivative transaction.
05/13/08 - 11:59 AM EDT

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