Banking & Finance

Wall Street

Sidoti Files for IPO: Wall Street Boutique Firm

Sidoti & Company Inc. has filed its S-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). No terms given for the offering, but ...
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Credit cards

Visa Dividend Hike Maybe as Good as It Can Get

Visa Inc. (NYSE: V) is one of the key dividend upgrades that had been predicted by 24/7 Wall St. before the end of 2014. The credit card processing giant lived ...
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Could Backdating Foreclosure Letters Kill Ocwen? (Updated)

Ocwen Financial Corp. (NYSE: OCN) could be facing a massive legal and PR nightmare. If you do not believe there are now serious risks to the company, ask yourself what ...
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How the Major Banks Fared This Earnings Season

24/7 Wall St. has been tracking the major banks over the course of this week to kick off corporate earnings season. We have taken a few key statistics from each ...
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Morgan Stanley Earnings Jump on Trading Gains

Morgan Stanley (NYSE: MS) reported third-quarter 2014 results before markets opened Friday. The big bank reported diluted earnings per share (EPS) of $0.84 on revenue of $8.9 billion. In the ...
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Capital One Earnings Stifled by Loan Loss Provision

Capital One Financial Corp. (NYSE: COF) reported its third-quarter earnings as $1.86 per share on $5.6 billion in revenue, against Thomson Reuters consensus estimates of $1.94 in earnings per share ...
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Wells Fargo and Citi Land Key Analyst Upgrades Despite Market Carnage

After this week's key earnings reports, and despite a major market sell-off, Citigroup Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC) have both received key analyst upgrades by Argus ...
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Goldman Sachs

Goldman Sachs Blows Out Earnings and Raises Dividend

Goldman Sachs Group Inc. (NYSE: GS) reported its third-quarter earnings before the market opened Thursday and the number was handily above estimates. Goldman Sachs reported $4.57 in earnings per share ...
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American Express Earnings Beat May Not Be Enough

After the market closed Wednesday, American Express Co. (NYSE: AXP) reported its third-quarter earnings as $1.40 per share on $8.33 billion in revenue. Thomson Reuters consensus estimates called for $1.36 ...
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Did Fed Rate Hikes Just Get Delayed?

Maybe you want to blame a drastically slowing Europe and China. Maybe you want to blame ISIL or ISIS. Maybe you want to blame slowing economic data in the United ...
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Bank of America

BofA Earnings Stunner: Overcomes Massive DOJ Settlement

Bank of America Corp. (NYSE: BAC) has reported its third-quarter earnings, and the bank made money on a net basis, despite huge charges. Earnings were low, with net income of ...
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What to Expect From Bank of America Earnings

Bank of America Corp. (NYSE: BAC) is set to report its earnings Wednesday before the markets open. Other major banks reported earnings Tuesday morning, including J.P. Morgan, Citigroup and Wells ...
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J.P. Morgan Earnings Came With a Few Caveats

When JPMorgan Chase & Co. (NYSE: JPM) reported third-quarter results before markets opened Tuesday, it posted diluted earnings per share (EPS) of $1.36 on revenue of $24.25 billion. EPS came ...
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Solid Citigroup Earnings, With Discount to Book Value

Citigroup Inc. (NYSE: C) is trying to stage a continued recovery as its earnings and revenues both grew in the third quarter. The net income was $3.44 billion, versus $3.23 ...
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Wells Fargo Earnings Meet Expectations

Wells Fargo & Co. (NYSE: WFC) reported its results before the markets opened on Tuesday. The bank's earnings came in at $1.02 per share on $21.2 billion in revenue, compared ...
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