ThinkstockVisa Inc. (NYSE: V) was among the most recent additions to the Dow Jones Industrial Average (DJIA). It is obviously a systemic measurement of credit card use globally, but it is now also the…
ThinkstockBankers are still not very well thought of after the financial meltdown, even if they might not have ben that well thought of before the meltdown. Still, at some point the public needs to…
ThinkstockAfter markets closed on Tuesday evening, payment services giant Western Union Co. (NYSE: WU) reported third-quarter results that met the consensus estimate for revenues and beat the estimate on earnings per share (EPS). But…
Brian Solis, via Wikimedia CommonsThe botched initial public offering (IPO) of Facebook Inc. (NASDAQ: FB) cost the Nasdaq OMX Group Inc. (NASDAQ: NDAQ) a lot of bad press. What it did not cost the…
ThinkstockWednesday morning brought the announcement of a merger between American Realty Capital Properties Inc. (NASDAQ: ARCP) and Cole Real Estate Investments Inc. (NYSE: COLE). That will create a single company with an enterprise value…
ThinkstockThe U.S. Federal Reserve is supposedly independent of the government, even if running the Fed is a Presidential appointment and requires backing of Congress. It also pays profits back to the government. The problem…
Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported third-quarter 2013 results before markets opened Thursday morning. The investment bank and financial services giant posted quarterly diluted earnings per share (EPS) of $2.88 on revenue…
ThinkstockAmerican Express Co. (NYSE: AXP) today reported third quarter results after markets closed Wednesday night. The financial services company reported diluted earnings per share (EPS) of $1.25 on revenues net of interest expense of…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) reported third-quarter 2013 results before markets opened Wednesday morning. The investment bank and financial services giant posted quarterly diluted…
ThinkstockCitigroup Inc. (NYSE: C) reported earnings for the third quarter that just missed expectations on the bottom line and missed handily on revenues on the surface. The money center bank posted $1.02 in earnings per…
ThinkstockIt is going to be interesting to see exactly what happens with the Federal Reserve’s balance sheet under Janet Yellen. Ben Bernanke has decided to pass the buck down the line for her to…
ThinkstockWells Fargo & Co. (NYSE: WFC) reported third-quarter results before markets opened Friday morning. The bank posted diluted earnings per share (EPS) that totaled $0.99 on revenue of $20.5 billion. In the same period…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) reported third-quarter results before markets opened Friday morning. The investment bank and financial services giant posted adjusted diluted earnings per share (EPS) of $1.42 on revenue…
courtesy U.S. Federal ReserveThe Minutes from the September 17 to 18 FOMC meeting are not going to give the bulls nor the bears the smoking gun that they needed to build a case for…
ThinkstockIt is always interesting when bank analysts and brokerage firm analysts upgrade or downgrade their peers and competitors. The same is true for when they initiate research coverage. So what are investors supposed to…