The financial industry has satisfied investors so far with fourth-quarter results. Three big players will try to keep the momentum going when they report on Thursday: Citigroup, Goldman Sachs and American Express.
Bank of America has joined the banking ranks with its fourth-quarter earnings report. The stock was already about 2% within its 52-week highs, and now it appears to breaking above those highs after the…
Wells Fargo is out with its fourth-quarter report, and it appears on the surface to be above estimates for per-share earnings. But revenues dropped year over year.
J.P. Morgan Chase & Co. is leading the wave of banks this earnings season with its fourth-quarter earnings report. But there may be more to this report than meets the eye.
A new Merrill Lynch report offers 10 reasons that banks can keep outperforming the broad market in 2014. The firm went as far as to say that it sees its top picks in bank…
Visa is now the most important stock in the Dow Jones industrial Average. And it was the sixth best performing stock of the index in 2013, so 24/7 Wall St. has run a bullish…
Amazingly, J.P. Morgan Chase, the bank with the so-called fortress balance sheet, still managed to outperform the broader market in 2013. Now it is time for 24/7 Wall St. to evaluate the bullish and…
Goldman Sachs saw a total return of just over 40% in 2013, handily exceeding the strong gain in the DJIA and the S&P 500. 24/7 Wall St. has generated a bullish and bearish scenario…
Bank of America was another Dow Jones Industrial Average component that was booted in 2013. The real question is what lies ahead in its ongoing recovery. 24/7 Wall St. takes a look at the…
Alcoa Inc. (NYSE: AA) saw its status as a Dow Jones Industrial Average component taken away in 2013. In our annual outlook series, 24/7 Wall St. wants to see what Alcoa's prospects are for…
Genworth Financial Inc. (NYSE: GNW) has not paid a dividend since 2008. That may soon be about to change if an analyst call from Monday turns out to be true. UBS raised the financial…
Huge trading losses, mortgage litigation from the meltdown in 2008 and increased regulation in the form of the new Volcker Rule regulations have all kept enthusiasm on the financial sector muted. The research team…
It is always interesting when banks and investment banks offer investment coverage of their peers. Now, Bank of America Merrill Lynch is making a positive case for Citigroup and Regions Financial.
The Federal Reserve's reported balance sheet for the week ending December 25, 2013, was at $4.071 trillion, and the balance on December 25 was $4.074 trillion. A $10 billion per month of tapering will…
Frank Golhen, via Wikimedia CommonsThe New York Stock Exchange and other exchanges are winning from the rebound in stock markets to new all-time highs. There may be one issue of concern, and that is…