Quite a few fills today:
VE (21.4$ & 20.88$)
TOT (47.7$)
USB (16.5$)
PGX (10.44$) , preferred ETF
EONGY (31.95$)
BK (18.15$, afterhours).
VIA.B (15.11$)
BK earnings release was moved forward to quell market fears. BK also has high market to market losses on their investment portfolio, mostly due to increased spread. What they do not have is an SIV that is the main reason why STT is down so much.
STT is an interesting case. The base business is solid but the market to market losses and the SIV (assets on the SIV need to be immediately valued at market if the SIV is consolidated) and the commercial paper liabilities attached to that unfortunate blemish is killing them. STT needs to be recapitalized (Tarp 2?) or taken over.
Tomorrows earnings of interest for me:
APD, AB, AAPL, BNI, COH, EBAY, HXL, KMP, USB
Probably more fills tomorrow. |
