Blackrock, Inc. (NYSE: BLK) is about to get a huge amount of shares dumped onto the stock market. Barclays (NYSE: BCS) is set to unload a stake of about 19.6% ... Read Full Story »
Wells Fargo & Company (NYSE: WFC) has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest bank in America. This did not happen overnight and it is not ... Read Full Story »
The European Central Bank is said to be freezing assets or considering freezing assets or halting monetary policy operations to some banks in Greece as the Greeks consider an exit ... Read Full Story »
General Electric Company (NYSE: GE) is now going to be much further to being back on track in its GE Capital unit. After having promised a return to dividend after ... Read Full Story »
J.P. Morgan Chase & Co. (NYSE: JPM) has done some severe damage to its image as the best risk manager of the large banks, and this damage may easily carry ... Read Full Story »
At a speech to a group of Texas bankers, Dallas Federal Reserve President Richard Fisher was asked to comment on the news of the $2 billion trading loss reported by ... Read Full Story »
The US government will cut its stake in AIG (NYSE: AIG), again. It plans to take its total piece of the company down to 63%. The cost of the bailout ... Read Full Story »
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 ... Read Full Story »
Carlyle Group (NASDAQ: CG) is originally being viewed as a mixed debut for an initial public offering. The market remains a bit cautious when it comes to investing into private ... Read Full Story »
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 ... Read Full Story »
The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) is finally going to start paying out a cash dividend to its shareholders. The company announced its plans to initiate a quarterly cash ... Read Full Story »
The Travelers Companies Inc. (NYSE: TRV) reported first quarter earnings this morning that were lower than for the same period a year ago, but well above consensus estimates. The company ... Read Full Story »
Bank of America Corporation (NYSE: BAC) has reported its earnings and the headline numbers may look like a disappointment at $0.03 EPS from its $653 million in earnings. Revenue was ... Read Full Story »
Genworth Financial, Inc. (NYSE: GNW) was supposed to be sailing toward an initial public offering of up to 40% of its Australian mortgage insurance business. A new delay in the ... Read Full Story »
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will be in the news quite a bit now that the world's most famous investor, chairman Warren Buffett, has been diagnosed with prostate ... Read Full Story »