Banking & Finance - Page 2

credit cards

Top MasterCard and Visa Analyst Gets Even More Bullish

Bill Carcache, Nomura equity analyst, has been touting Visa Inc. (NYSE: V) and MasterCard Inc. (NYSE: MA) as top picks in his coverage universe. The big question is what kind ...
Read Full Story »
American flag

Is American Realty Back?

Before the markets opened Monday morning, American Realty Capital Properties Inc. (NASDAQ: ARCP) restated operating results for its third quarter in 2014. The company said its revenue as $457.1 million, up by $361.9 ...
Read Full Story »
Wells_Fargo_logo

5 Top Jefferies Bank Stock Picks to Buy

With constant scrutiny, and yearly tests to see if they are in compliance, the top banks have quickly become an asset class that investors have become very careful with. Despite ...
Read Full Story »
dividends

Jamie Dimon Readies J.P. Morgan Investors for Much Larger Dividends Ahead

Jamie Dimon, chief executive and chairman of JPMorgan Chase & Co. (NYSE: JPM), hosted the banking giant's 2015 investors day on Tuesday. While there were many comments defending the bank's ...
Read Full Story »
Bank

Will American Banks Close Thousands of Branches?

JPMorgan Chase & Co. (NYSE: JPM) will cut roughly 300 branches over the next two years. Some reasons for its decision extend to all banks that support large numbers of ...
Read Full Story »
bank

Will J.P. Morgan Walk the Talk?

JPMorgan Chase & Co. (NYSE: JPM) held its investor day presentation on Tuesday, and the main takeaway appears to be that the big-bank business ain’t what it used to be. ...
Read Full Story »
initial public offering

Atlantic Alliance Partnership Files for IPO

Atlantic Alliance Partnership Corp. has filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The maximum proposed price per security was ...
Read Full Story »
Life Ring

Can Ocwen Turn Itself Around With This Sale?

Ocwen Financial Corp. (NYSE: OCN) announced Monday morning that its subsidiary, Ocwen Loan Servicing, and Nationstar Mortgage Holdings Inc. (NYSE: NSM) have signed an agreement for the sale by Ocwen ...
Read Full Story »
123688993

Why Warren Buffett Wants to Own the Credit Card Space

Owning a piece of the credit card industry has turned out to be a very lucrative business for those investors who have had a long-term eye on the sector. If ...
Read Full Story »
126811331

Analyst’s 5 Super High-Yield Dividend Stocks to Buy

If there was any segment that took a beating in 2014 in addition to the energy sector, it was the business development companies (BDCs). Between being removed from indexes during ...
Read Full Story »
credit cards

US Household Debt Nears $12 Trillion

In its fourth quarter 2014 report on household debt and credit, the Federal Reserve Bank of New York said that debt rose by $117 billion in the quarter, and total ...
Read Full Story »
160590126

Strong Dollar, Greek Woes Boost Hedged Equity Funds

As the dollar keeps getting stronger, investors wanting to diversify into international equities are finding a refuge in hedged equity exchange traded funds (ETFs), which offer exposure to foreign stocks ...
Read Full Story »
nuAIGlogo

AIG to Buy Back More Stock as Profits Tumbled

American International Group Inc. (NYSE: AIG) reported fourth-quarter and full-year 2014 earnings after markets closed on Thursday. For the quarter, the multinational insurer posted adjusted diluted earnings per share (EPS) ...
Read Full Story »
global economy

The World Is $199 Trillion in Debt, and Growing

The world’s economies may have improved since the financial crisis, but now more than ever, the world is drowning in higher and higher debt. A new report from the McKinsey ...
Read Full Story »
TurboTax logo

Are State Tax Filings Safe Again as Intuit Resumes Filing?

Intuit Inc. (NASDAQ: INTU) announced that it has resumed e-filing of state income tax returns via TurboTax as of last Friday. The company stated that it would continue to work ...
Read Full Story »