Banking & Finance - Page 2

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Which Stocks Will Take the Brunt of the Next Big Hit to the Dow?

Could the Dow take a big hit in the next few months? Absolutely. Three factors are coming to a head all at the same time now, starting back in mid ...
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What the Latest Trading Metrics Mean for Potential Online Brokerage Mergers

With consolidation expected to occur in the online brokerage industry as interest rates begin to rise, 24/7 Wall St. wanted to see how the major online and discount brokerages now ...
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World currency

Nationalization and Default Threat Risk Diminishes in Greece

The massive snapback rally on Wednesday in stocks in the United States and Europe is tied to word that Angela Merkel may be committed to signing a deal with Greece. ...
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Bank

With Interest Rates Set to Rise, 4 Bank Stocks to Buy Now

Despite lousy first-quarter gross domestic product that came in at -0.7%, the strong jobs report indicated last week that the labor market is tightening and wages are going higher. In ...
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Is There a New Greek Bank Nationalization Risk After IMF News?

After news broke that Greece and the European Union were too far apart on a deal, it was one thing. Now Greece has decided to bundle its interest payments that ...
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5 Reasons American Express Shareholders Are Suffering

Over the past year, the shareholders of American Express Co. (NYSE: AXP) have seen the share price decline a whopping 12%, compared with an 8% increase for the Dow Jones ...
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A New Wave of Bank Layoffs, With More to Come

Two things happened recently in the banking industry. First, The Wall Street Journal reported that JPMorgan Chase & Co. (NYSE: JPM) will fire 5,000. The other was that Moody's ungraded ...
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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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Amex Plenti Card

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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