Marijuana may have become legalized for medical use in 20 states and legal for recreational use in two states, but what has not been legalized is how these companies conduct their business. Due to…
Wikimedia CommonsAmerican International Group Inc. (NYSE: AIG) reported fourth quarter and full year 2013 earnings after markets closed on Thursday. For the quarter, the multinational insurer posted diluted earnings per share (EPS) of $1.34…
Wikimedia CommonsBitcoin has been facing its own identity crisis of late, and its future is back to looking very uncertain. After MtGox suspended withdrawals and after widespread reports of Bitcoin attacks, news from around…
In a new report from Robert Baird, most of those top financial stocks are now fully valued. The analysts only have five stocks to buy that meet their criteria for outperformance in 2014 and…
Wikimedia CommonsBitcoin received a blow last week after the online exchange MtGox suspended withdrawals of bitcoins on its exchange. Now there is another foe that has arisen, and one that may seem a bit…
For the second year in a row, Wells Fargo comes in number one as the most valuable banking brand, according to one of the world's leading valuation consultancy firms. American banks claim four out…
Visa is out with its fiscal first quarter earnings report. This is the most dominant stock of the Dow Jones Industrial Average now because of its $217.12 closing price. Because the Dow is a…
ThinkstockCitigroup, Inc. (NYSE: C) is proof that breaking up a giant empire is not exactly easy to do. Sandy Weill built the empire up into a global financial supermarket, and even after the unit…
The old saying is that financial stocks are indicators of broad market strength or weakness, so that makes it imperative to watch what short sellers are doing. 24/7 Wall St. has tracked short interest…
The U.S. Financial Stability Oversight Council has begun looking at Berkshire Hathaway to determine whether the financial powerhouse is important enough to the global financial system to require supervision from the Federal Reserve. Berkshire…
White House Photo by Pete SouzaIs the Oracle of Omaha truly an Oracle? That is what Berkshire Hathaway Inc. (NYSE: BRK-A) has bet on. Quicken Loans announced on Tuesday morning that it has joined…
American Express cited increased spending and borrowing by cardholders during the holiday season as a reason its fourth-quarter net income more than doubled.
The NBA's Sacramento Kings will be the first major professional sports franchise to accept bitcoins. If one NBA team is doing it, others are likely to follow. If the NBA accepts it, why not…
Citigroup shared its fourth-quarter and full-year 2012 results before markets opened Thursday morning. The bank missed on both the top and bottom lines for both periods.
Goldman Sachs has managed to absolutely crush its earnings expectations for the fourth quarter of 2013. The bulge bracket broker, or the bank holding company without a bank operation, is attributing its client franchise…