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How’ll HSBC fare with Sub-Prime Mortgages Lingering?

Tags: ABN AMRO Holding N.V., HSBC Holdings PLC, UBS AG, New Century Financial Corporation, Banks, Sub-Prime Mortgages, HBC, ABN, UBS, NEW
15 Mar 8:38pm
Posted by idunno
0 Comments
Correct me if I’m wrong, but wasn’t HSBC the first to come out early in February to warn on their bad-debt write-offs of 10.6 billion USD for sub-prime mortgages?  With them kicking off the trend, we should have seen more disasters coming, disasters like what’s happening with New Century Financial Corporation, already on the brink of getting de-listed by the NYSE.  HSBC leads the No. 1 spot in sub-prime lending at 12.3 billion USD in originations in 2006.  The No. 2 spot goes to...
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Can RIMM Go Any Higher?

Tags: Research in Motion, Telecom, Blackberry, RIMM
10 Feb 12:36am
Posted by idunno
0 Comments
You bet they will!Their Pearl launch was so strong, that the word strong makes it sound weak.  Great use of terminology there ladies and gentlemen.  At T-Mobile, there was a 78% jump in new users between Q4 over Q3 alone. That was another new 128,000 Blackberry users, and the Pearl was only launched for three weeks.   As they expand to Cingular's network, Q1 (normally lower in new subscribers) might look similar to Q4. Besides, T-Mobile cut prices on the Blackberry's from $...
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idunno

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