Banking & Finance

a lot of money

Should Alternative Asset Managers Be Buying Back Their Own Shares?

When investors hear about stock buybacks and share repurchases, the aim is generally considered to be one of the two top methods of returning cash to shareholders. The other method ...
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investing

Why Analysts Are Giving Up on CIT Group and Ally

Year to date, financial sector stocks have lost about 11%, more than double the 4.4% drop in the energy sector. The Federal Reserve's interest rate hike was supposed to help ...
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American Express Is Worst-Performing Dow Stock, Down 22%

The Dow Jones Industrial Average (DJIA) has dropped 7% this year to 16,204.97. One of its 30 components has done very substantially worse. The share price of American Express Co. ...
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buy sell stocks

Why Major Banks May Have Sold Off Too Much Over Oil, Market and Economy

The market volatility and financial market uncertainty has been hard on many sectors. The first fall-guy sector is of course oil. But then you have to think about the financiers ...
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CIT Viewed Cautiously After Earnings

CIT Group Inc. (NYSE: CIT) has recently come under activist pressure to exit certain lines of business. Now its shares were heading south after missing earnings expectations with restructuring costs. ...
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Aflac Beat Earnings Estimates

Aflac Inc. (NYSE: AFL) has managed to beat earnings, to show how much the yen in Japan is hurting its numbers and to talk up its buyback and dividend. Shares ...
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puzzle

Why Huntington Bancshares and FirstMerit May Have Become Too Cheap After Merger Reaction

Sometimes companies get rewarded for making relatively large mergers. And sometimes they get slammed. In the case of Huntington Bancshares Inc. (NASDAQ: HBAN), this regional bank saw its shares slammed ...
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American Express Worst Performing Dow Stock, Down 23%

American Express (NYSE: AXP) cannot get it right. Retailers reject it. Consumers do not view it as the Rolls Royce which once sat atop the credit card universe. American Express ...
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How Analysts View PayPal After Earnings

Electronic payment processor PayPal Holdings Inc. (NASDAQ: PYPL) reported fourth-quarter results last Wednesday that beat analysts' consensus estimates for both earnings per share (EPS) and revenues. The stock bounced from ...
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Credit cards

Is Discover Financial Becoming a Bargain?

The financial sector underperformed the Dow Jones Industrial Average in January. In fact, financial stocks dropped 10% in the month, compared with a drop of 6.5% in the Dow. Big ...
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Credit cards

Why MasterCard Investors Liked Q1 Earnings Beat

MasterCard Inc. (NYSE: MA) reported its fiscal first-quarter financial results after the markets closed Thursday. The company had $0.79 in earnings per share (EPS) on $2.5 billion in revenue, which ...
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coins

Visa Earnings: Mixed but Still Solid

Visa Inc. (NYSE: V) reported its fiscal first-quarter financial results after the markets closed Thursday. The company had $0.69 in earnings per share (EPS) on $3.57 billion in revenue, which ...
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PayPal Posts Solid Earnings Beat

PayPal Holdings Inc. (NASDAQ: PYPL) reported fourth-quarter financial results after the markets closed on Thursday. The company had $0.36 in earnings per share (EPS) on $2.6 billion in revenue, compared ...
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Wells Fargo Buyback Another Positive Move

Wells Fargo & Co. (NYSE: WFC) is currently the king of banks by market cap, and it also is the bank trading at the largest premium to its book value. ...
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Wallet full of money

Did Bill Gross Help Janus Earnings?

Janus Capital Group, Inc. (NYSE: JNS) may be gathering its assets at a better rate than the stock market wants to credit it for. Maybe adding Bill Gross, a.k.a. the ...
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