Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp.’s (NYSE: BAC) chief executive officer, Brian Moynihan, has been rewarded appropriately for a combination of layoffs, settlements of legal issues with…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett released their full stock holdings for 2013 on Thursday after the close. Earlier in the week we highlighted how Berkshire Hathaway…
ThinkstockAn international money transfer company, Xoom Corp. (NASDAQ: XOOM), held its initial public offering this morning. The shares were offered at $16 apiece, above the estimated range of $13 to $15 a share. About…
ThinkstockIn what could turn out to be one of those pot-calling-the-kettle-black moments, Moody’s Corp. (NYSE: MCO) ratings agency Moody’s Investors Service yesterday cut the debt rating of The McGraw-Hill Companies Inc. (NYSE: MHP) two…
MetLife, Inc. (NYSE: MET) is finally losing its artificial status as a bank holding company. The insurance giant announced on Thursday that it has finally received the required approvals from both the Federal Deposit Insurance…
ThinkstockThe United States Treasury’s 30-Year Treasury Bond auction just went off and the results were looking a bit better than we would have been expecting even this morning. We had noted that 10-year Treasury…
ThinkstockThe difference between professional services reviews posted to Angie’s List Inc. (NASDAQ: ANGI) and book reviews posted at Amazon.com Inc. (NASDAQ: AMZN) or the number of video views counted at Google Inc.’s (NASDAQ: GOOG)…
Bankrate Inc. (NYSE: RATE) was downgraded by analysts after the personal finance website had poor earnings and guidance. What 24/7 Wall St. wants to know is whether this is the sign of worse things…
ThinkstockBanks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones Industrial Average components in…
ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. Quarterly adjusted diluted earnings per share (EPS) totaled $0.72 on $1.23 billion in revenues. In the same period…
ThinkstockBarclays PLC (NYSE: BCS) announced poor 2012 earnings and promptly fired 3,700 people. Management said that results were hurt by bad payment protection on loans and credit cards. Other banks likely will follow suit…
Photo by Spencer Platt/Getty ImagesMarket rumors and speculation has been about that other exchanges would either go private or would merger together after this mega-exchange merger between NYSE Euronext, Inc. (NYSE: NYX) and IntercontinentalExchange,…
ThinkstockIn the strong rally in the stock market since the beginning of the year, financials and transports have provided exactly the kind of leadership that many equity strategists look for and that can be…
ThinkstockLoews Corp. (NYSE: L) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the fourth quarter the holding company reported an earnings per share (EPS) loss of $0.08 on revenues of…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) was the top-performing Dow Jones Industrial Average stock in 2012. That performance was not with banking analyst Meredith Whitney cheering…