Banking & Finance

bank

Why Legal Issues Around Banks Now Make Them Attractive

Ever since the meltdown in the fall of 2008, it seems like there has been a constant stream of large cap bank legal issues and, worse for shareholders, huge cash ...
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Will Banks Buy Up All of the High Quality Municipal Bonds Under Fed Proposal?

As regulators propose and ultimately make new rules around asset classes, they can create huge supply and demand imbalances. They can create bubbles or they can make liquidity dry up. ...
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Financials Have Struggled This Year: Analyst Says to Buy the Big 3

While the market has had a very up and down year, with the S&P 500 up just over 3%, one sector that has struggled as we stay mired in a ...
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4 Stocks to Buy for the Coming Interest Rates Increases

It’s the old adage when it comes to the discussion on interest rates. It’s not a matter of if, but when. There may be a major difference this time. In ...
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Why AmEx Dividend and Buyback Hikes Might Not Tempt New Shareholders

American Express Co. (NYSE: AXP) is trying to please its shareholders by increasing its dividend and by increasing its share repurchase plan. 24/7 Wall St. would admit that this is ...
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Why Bank of America Shares Were Downgraded

Bank of America Corp. (NYSE: BAC) has its share of fans, and its share of critics. A fresh report from BMO Capital Markets would indicate that Bank of America just lost ...
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Merger

Is Rekindled E*Trade Buyout Chatter More Realistic Ahead of 2016?

If there has been one financial merger that never took place but could, it is -- or was -- the would-be buyout of E*Trade Financial Corp. (NASDAQ: ETFC). The biggest ...
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American Express Desperation Loyalty Card

American Express Co. (NYSE: AXP) announced Monday morning that it is now offering a co-branded credit card with a new, U.S.-based “loyalty coalition” called Plenti. The new program, which is ...
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Banks and States With the Most Branch Closings: The Rise of Mobile Banking

It is no secret that the banking industry is seeing major changes in how the companies operate. After years of retail presence expansion, that trend has been unwinding as banks ...
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Key Analyst Sees Over 20% Upside in Ocwen After Preliminary Earnings

Ocwen Financial Corp. (NYSE: OCN) reported its preliminary financial results for the first quarter Thursday after the markets closed. Now a key analyst has made a very positive research call that ...
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Visa Trips on Earnings Despite Overcoming Currency Headwinds

Visa Inc. (NYSE: V) reported its fiscal second-quarter financial results after the markets closed Thursday. The company had $0.63 in earnings per share (EPS) and $3.41 billion in revenue compared ...
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AIG Adds to Buyback Program After Profits Leap

American International Group Inc. (NYSE: AIG) reported first quarter 2015 earnings after markets closed on Thursday. For the quarter, the multinational insurer posted adjusted diluted earnings per share (EPS) of ...
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4 High-Yield BDCs to Buy Before Earnings Are Reported

Even though yields have continued to stay low, many high-yield investors that also look for growth have been disappointed in the performance of various high-yield investment vehicles. In a new ...
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investing

UBS Has 3 Financial Services Stocks to Buy If New IRA Rules Pass

If there is one industry has had its fair share of rules and regulations since the Great Recession and subsequent market debacle of 2008, it is the financial services industry. ...
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Will Hudson City Bancorp Earnings Continue to Weigh Down Its Merger Hopes?

Hudson City Bancorp Inc. (NASDAQ: HCBK) reported its first-quarter financial results Wednesday before the markets opened. The bank had $0.01 in earnings per share (EPS) on $75.6 million in net ...
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