Banking & Finance

AIG logo

AIG Sinks on Widening Net Loss

American International Group Inc. (NYSE: AIG) reported fourth-quarter financial results after markets closed on Tuesday. The net loss in the quarter grew to $3.04 billion, or $2.96 per share, compared ...
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piggy bank

4 Big Banks to Buy May Have Big Piles of Money If Regulation Relief Comes

It never fails when we have a crisis in America. The tendency for the governing or regulating bodies isn’t to try to get things from over-exuberant back to the mean, ...
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reprimand

IRS Can Revoke Americans’ Passports for Unpaid Taxes

The U.S. Internal Revenue Service (IRS) is preparing to implement its authority to certify to the U.S. State Department an American citizen's  "seriously delinquent tax debt." The State Department may ...
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Saudi Arabia

Is the Saudi Aramco IPO Hotting Up with Selection of Moelis?

Boutique investment bank Moelis & Co. (NYSE: MC) has been selected by the Saudi Arabian Oil Company, aka Saudi Aramco, as the internal independent advisor on what is expected to be ...
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Currency

Is This the End for FXCM?

FXCM Inc. (NASDAQ: FXCM) saw its shares hit a new all-time low after the company encountered some difficulties with the U.S. Commodity Futures Trading Commission (CFTC). Specifically, the CFTC banned ...
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thumbs up

Analysts Want to Keep Riding the Apollo Wave on Private Equity Gains

Apollo Global Management LLC (NYSE: APO) traded higher in the past week after earnings. There is also a follow-on move taking place that took the stock to 52-week highs. Apollo ...
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100 dollar bills

Why Visa Won Big on Q1 Earnings

Visa Inc. (NYSE; V) released fiscal first-quarter earnings report after markets closed on Thursday. The company reported $0.86 in earnings per share (EPS) on $4.5 billion in revenue. The same period ...
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bank

3 of 5 Most Valuable Global Bank Brands Are Chinese

In a new ranking of the world's top banking brands, a China-based bank tops the list for the first time, while two more Chinese bank brands nabbed a spot in the ...
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credit cards

Will Visa Beat MasterCard and Amex Earnings?

Mastercard Inc. (NYSE: MA) and Visa Inc. (NYSE: V) have been fighting for year for control in the financial services sector as two of the biggest credit card distributors. Mastercard ...
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Vault Door

Analyst Shows Why Regions Financial Remains Overlooked and Undervalued

Regions Financial Corp. (NYSE: RF) has been among the many financial stocks benefiting from the post-election rally. The return to more loans, higher rates and less regulation is seen as a boon ...
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Why This Analyst Sees 30% Upside in PayPal

Is PayPal Holdings Inc. (NASDAQ: PYPL) a growth stock or a value stock? The answer may depend on whom you ask. And maybe that answer is both. Wedbush Securities sees ...
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American Express logo

American Express Earnings Not as Good as Guidance

American Express Co. (NYSE: AXP) reported fourth-quarter and full-year 2016 results after markets closed Thursday. The midstream giant posted earnings per share (EPS) of $0.88 per share on revenues of $8.02 ...
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citilogo

Citigroup Earnings in Line, Revenues Lag

Citigroup Inc. (NYSE: C) reported fourth-quarter and full-year 2016 results before markets opened Wednesday morning. The global bank posted diluted quarterly earnings per share (EPS) of $1.14 on revenue of $17.0 ...
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Goldman Sachs

Goldman Sachs Earnings Boosted by Lower Litigation Expenses

For much of 2016, shares of Goldman Sachs Group Inc. (NYSE: GS) were among the worst performers on the Dow Jones Industrial Index. Then came the election of Donald Trump ...
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American Express logo

American Express Leads DJIA Stocks for Analyst Upgrades List in 2017

If you have followed the saga of American Express Co. (NYSE: AXP) for the past decade, you have probably noticed that it has migrated from an enviable company with a ...
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