Banking, finance, and taxes

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Visa Beats Estimates but Gets No Glory

ThinkstockVisa Inc. (NYSE: V) reported first-quarter fiscal 2013 results after the markets closed today. Adjusted earnings per share (EPS) were $1.93 on revenues of $2.85 billion. In the first quarter of 2011, the credit…

Paul Ausick · 14 years ago

Federal Reserve Hit by Cyber Attack

ThinkstockHackers have scored another victory in a series that has extended from Google Inc.’s (NASDAQ: GOOG) China site, to the New York Times Co. (NYSE: NYT) site, to The Wall Street Journal and to…

Douglas A. McIntyre · 14 years ago

Many Big DJIA Dividend Hikes Expected Very Soon

24/7 Wall St. is still a big fan of dividends. What is even better than a high dividend yield is when companies with solid dividends raise their dividend payouts. Dividend hikes have been noticeably…

Jon C. Ogg · 14 years ago

Amazon Coin Launch: Revisiting Micropayments and Virtual Currency

http://www.amazon.com/amazon-coinsAmazon.com Inc. (NASDAQ: AMZN) is revisiting a blast from the past that never really took off due to the Internet and e-commerce still being in the infancy stage. The company has announced “another new…

Jon C. Ogg · 14 years ago

Bernanke and FOMC Stand Firm as GDP Goes Negative

Today was far from a normal Fed-day as the FOMC announcement followed a GDP release that was negative for the first time in 13 consecutive quarters. Some things are the same and some things…

Jon C. Ogg · 14 years ago

Research In Motion Now Named BlackBerry

courtesy of Research In Motion Ltd.Smartphone maker Research In Motion Ltd. (NASDAQ: RIMM) launched to new phones this morning, the Z10 touchscreen model and the Q10 with the familiar BlackBerry keypad. Oh, and RIM…

Paul Ausick · 14 years ago

PIIGS Watch: Greece Continues To Lure Back Investment

ThinkstockThe Euro meltdown seen in 2012 looked as though it was going to bounce Greek out of the monetary union. That was then. We have noted on several occasions how investment is sneaking back…

Jon C. Ogg · 14 years ago

How Low Can Junk Bond Spreads Go?

Frank Golhen, via Wikimedia Commons24/7 Wall St. tracks the spreads that corporations have to pay above Treasury rates to fund their cost of borrowing. This is one key barometer for measuring the market’s risk…

Jon C. Ogg · 14 years ago

RBS Settlement Could Reduce Bank’s Bonus Pool

ThinkstockRoyal Bank of Scotland Group PLC (NYSE: RBS) may have to settle criminal charges with the United States based on allegations that it manipulated interest rates. This could, in turn, cause sharp cuts in…

Douglas A. McIntyre · 14 years ago

Berkshire Hathaway Files to Raise Capital

ThinkstockBerkshire Hathaway Inc. (NYSE: BRK-A) is about to raise some new debt financing. An SEC filing S-3ASR from Warren Buffett and friends was filed on behalf of the Berkshire Hathaway Finance Corporation unit to…

Jon C. Ogg · 14 years ago