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Posts related to ‘Banking’

Can Big U.S. Banks Escape Europe’s Malaise?… Meredith Whitney Chimes In (DB, STD, NBG, BAC, JPM, C, WFC)

Posted: May 3, 2012 at 2:31 pm

The financial sector was the best performing index out of the S&P 500 during the first quarter.  That was when investors were decoupling from the woes of Europe.  With European ...
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Fixed-rate Mortgages at All-time Low

Posted: May 3, 2012 at 1:06 pm

The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.84% last week according to Freddie Mac. The previous record low was 3.87% set in February, ...
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Visa & Mastercard Get DOJ Curveball (V, MA)

Posted: May 3, 2012 at 9:48 am

Visa, Inc. (NYSE: V) and Mastercard Incorporated (NYSE: MA) should both be trading higher this morning if you were only looking at the earnings reports from Wednesday.  Both credit card ...
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The Return of the Euro-Bank Fears (NBG, STD, BBVA, IRE, DB, UBS, CS, BCS, RBS)

Posted: May 2, 2012 at 11:45 am

The U.S. stock markets have by and large been decoupled from the woes of Europe most of this year, as well as the slowing of growth in the key markets ...
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Bank Of America Readies More Job Cuts

Posted: May 1, 2012 at 6:13 am

The Wall Street Journal reported a rumor that Bank of America (NYSE: BAC) will cut as many as 2,000 jobs primarily at its investment bank and commercial units. If this ...
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More Speculation About QE3

Posted: April 30, 2012 at 6:19 am

Global markets began to rally today, and the trend may continue as speculation that the Federal Reserve will start QE3 widens. The main cause of the speculation is that US ...
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S&P Downgrades Spain, Warns Of More Cuts (STD, BBVA)

Posted: April 26, 2012 at 5:24 pm

Standard & Poor's has just lowered the sovereign credit rating of Spain.  We have warned that the downgrades were not over for Spain nor for the other PIIGS nations.  We would ...
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S&P Downgrades Chesapeake Credit Ratings Over CEO Issues (CHK, CHKM)

Posted: April 26, 2012 at 2:52 pm

Chesapeake Energy Corporation (NYSE: CHK) is getting put under even more fire dure to its CEO double-dipping by Aubrey McClendon.  Standard & Poor's has just downgraded the corporate credit ratings ...
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Sell In May And Go Away? A 2012 Primer (BAC, JPM, GE, AA, CAT, MSFT, INTC, AAPL, XOM, CVX, DD)

Posted: April 26, 2012 at 7:08 am

It is that time of year again.  It is time to ponder the theory of pricing in a summer slowdown, whether it actually happens or not.  In short, is time ...
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Bernanke Afterthought: The Looming Fiscal Cliff (Tax & Spending) Poses Great Recovery Risks

Posted: April 26, 2012 at 6:34 am

FOMC meetings and the press conferences which follow each quarter now can show some important insight into what the real underlying risks and issues are to the economic recovery.  It ...
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FOMC Alters Long-Term Targets: Rates, GDP, Inflation, Unemployment

Posted: April 25, 2012 at 2:14 pm

The FOMC's statement today is going to be clarified a bit further if you look at the comments from Ben Bernanke and friends that came out at 2 PM EST today.  ...
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FOMC Keeps Exceptionally Low Rates Through At Least Late-2014 Stance

Posted: April 25, 2012 at 12:47 pm

Ben Bernanke and friends at the FOMC have decided in a 9 to 1 vote to keep the monetary policy as is.  Interest rates steady at the target 0.00% to ...
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Investors Seek Safety In Near-Record 5-Year Treasury Auction

Posted: April 25, 2012 at 12:16 pm

The U.S. Treasury is still able to borrow at almost unbelievable interest rates.  A $45 billion offering from the Treasury for a 5-year note offering actually managed to go off ...
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US Investors Deserting Equities? (RATE)

Posted: April 23, 2012 at 12:03 pm

Even though the market for US stocks is at a four-year high, some 76% of Americans are not willing to invest more in equities. Only 18% of those surveyed by ...
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Are Financial Firms Looking at Becoming Oil Refiners? (SU, DAL, COP, JPM)

Posted: April 23, 2012 at 11:14 am

Sunoco Inc. (NYSE: SU) has been shopping its two Pennsylvania refineries since late last summer with not a lot of interest from prospective buyers. That could be about to change. ...
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