Word: stockely
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...requirement for those who are doing DTC advertising," Bolling says. "It would have companies over a barrel. That's where it's really going to hurt." Things may be quiet on the drug front right now, but with a new Democratic President and Congress in place, Big Pharma should stock up on the painkillers...
...Citigroup and Bank of America, all of which tapped the federal till for hundreds of billions of dollars to recapitalize their broken balance sheets. In addition to the cash limit, the "maximum wage" plan allows companies to reward "senior management" - a complement of no fixed definition - with restricted stock, but it can only be cashed in after the government is paid back. There are also prohibitions against golden parachutes as well as a clawback provision - the company may reclaim that stock if its results subsequently tank - that can extend to as many as 25 top executives...
...curtail service on most Tube lines, it caused chaos at airports, and it halted London's entire fleet of red buses. As disgruntled commuters were quick to point out, unlike today, buses continued running throughout intensive aerial bombardment during World War II. That comparison resonated with one elderly supermarket stock boy in an affluent London suburb. "A fine country, isn't it?" he observed, as customers loaded up on provisions against the possibility of snow-driven food shortages. "Good thing Hitler's dead. He couldn't get us with the Blitz, but the place is so incapacitated...
...seems to have done little to slow fears that Citigroup would have to be broken up or shut down completely. Indeed, the bank has since announced plans to sell off a number of units, including its brokerage division. On the Friday before the insurance plan was struck, Citigroup's stock, a key measure of investors' faith in the institution, stood at $3.77. This past Friday Citigroup's stock finished...
...America's shares have similarly traded down since it landed its own loan guarantee deal from the government. In that bank's deal, the government agreed to pick up nearly $100 billion in losses. That hasn't stopped the bleeding at Bank of America, either. Bank of America stock, like Citigroup's, has continued to fall. The company's shares closed on Friday at $6.53, down from $7.18 in mid-January when it announced its deal with the government...