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Posts related to ‘STT’

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Is the Banking Industry About to Cut Another 100,000 Jobs?

Posted: February 27, 2013 at 6:48 am

J.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage ...
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The Seven Safest Banks in America for 2013

Posted: February 26, 2013 at 5:01 am

The U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, ...
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Taking J.C. Penney Private

Posted: February 15, 2013 at 6:37 am

Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance to restructure ...
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Credit Suisse Adopts Negative Rate

Posted: December 3, 2012 at 11:47 am

Uber bank Credit Suisse Group (NYSE: CS) said today that it would begin charging customers a negative interest rate on deposits of Swiss francs beginning on December 10th. The bank ...
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Financial Stability Board’s Walking Dead List

Posted: November 2, 2012 at 6:11 am

The Financial Stability Board released its evaluation of G-SIBs. Another way to put that is a review of the financial health of “systemically important” banks, those which, if they failed, ...
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Banks Charge Negative Interest to Hold Swiss, Danish Currency (STT, BK)

Posted: October 9, 2012 at 8:41 am

State Street Corp. (NYSE: STT) and Bank of New York Mellon Corp. (NYSE: BK) will begin charging depositors to hold Danish kroner and Swiss francs. The two custody banks will ...
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Top Analyst Upgrades and Downgrades (ADP, BK, BWLD, EXPD, GPS, GE, GHDX, LIFE, MYGN, NKE, NOK, NTRS, P, PAYX, RHT, QCOR, SQNM, STT, TIVO, TOT, WAG)

Posted: September 25, 2012 at 8:05 am

These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Automatic Data Processing Inc. (NASDAQ: ADP) cut to Neutral at UBS. ...
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How QE3 Will Help the Seven Safest Banks in America

Posted: September 18, 2012 at 8:10 am

Banks are back in favor. The most recently announced round of quantitative easing via mortgage-backed securities purchases from the Federal Reserve follows a ratings action earlier this year in which Moody’s ...
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The Largest U.S. Banks

Posted: August 30, 2012 at 12:36 pm

Research firm SNL Financial has released its list of the top 50 U.S. banks at the end of the second quarter of 2012. The eleven largest banks are JPMorgan Chase ...
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24/7 Wall St. Closing Bell — July 17, 2012: Markets Higher After Bernanke Speaks

Posted: July 17, 2012 at 4:03 pm

The three major US stock indexes opened higher this morning in advance of Fed Chairman Ben Bernanke’s semi-annual report to Congress and following some data on inflation (more coverage here), ...
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24/7 Wall St. Closing Bell — July 16, 2012: Market Takes Small Loss, Waits on Bernanke

Posted: July 16, 2012 at 4:05 pm

The three major US stock indexes opened lower this morning following some lackluster data on the US economy. The Empire State manufacturing data improved, but retail sales posted an unexpected ...
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Top Analyst Upgrades & Downgrades (AMD, AXP, APO, BPI, COF, LNG, CQP, JCP, LTD, LNKD, MM, NWSA, NCT, NTRS, LUV, STT, AMTD, TIVO, TROW, TSN, AAPL, PCX, ANR, CNX)

Posted: July 10, 2012 at 8:23 am

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. Advanced Micro Devices. Inc. (NYSE: AMD) Maintained Neutral and cut target ...
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24/7 Wall St. Closing Bell — July 6, 2012: Equities Soft on China Slowdown, European Debt

Posted: July 9, 2012 at 4:09 pm

The three major US stock indexes opened lower this morning following report from China that it has cut inflation to an annualized rate of 2.2% in June (our coverage here). ...
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Top Analyst Upgrades & Downgrades (AKS, ADM, SAM, DLTR, HSH, MA, NYB, NYT, NTRS, NYX, PAAS, SFD, STT, AMTD, TSN, V, VOLC, WFC)

Posted: July 9, 2012 at 8:34 am

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. AK Steel Holdings Corporation (NYSE: AKS) named Bear of the Day ...
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The 7 Safest Banks in America

Posted: June 25, 2012 at 8:17 am

Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are ...
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