Banking, finance, and taxes

All Banking, finance, and taxes Articles

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Investors Still Buying Treasury TIPS At Negative Interest Rates

The government is somehow managing to borrow money at what are negative interest rates right now via the Treasury Inflation-Protected Securities, or TIPS. When a TIPS matures, the investor is paid the inflation-adjusted principal…

Jon C. Ogg · 14 years ago

Unlike Wells Fargo, No Dividend Hike for BofA

Last night we saw the news that Wells Fargo & Co. (NYSE: WFC) hiked its dividend to show that it has the top position of core banking strength in America. We expect some similar…

Jon C. Ogg · 14 years ago

Japan Gambles on Public Works Spending, Monetary Easing

ThinkstockThe Bank of Japan believes it can cure what ails much of the nation’s economy. If the relative success of the U.S. Federal Reserve to accomplish a similar goal is any indication, the Bank of…

Douglas A. McIntyre · 14 years ago

The World Markets While You Were Off for MLK Day

ThinkstockThe U.S. stock and bond market may be closed in observance of Martin Luther King Day, but the rest of the world was alive and well. President Obama is being inaugurated. If you use…

Jon C. Ogg · 14 years ago

Morgan Stanley Looking at New High After Earnings

ThinkstockMorgan Stanley (NYSE: MS) reported fourth-quarter and full-year 2012 results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $0.28 on revenues of $7 billion. In the…

Paul Ausick · 14 years ago

American Express Results: No Surprises

Courtesy of American ExpressIn line with its preliminary results released last week, American Express Co. (NYSE: AXP) today reported adjusted fourth quarter earnings per share (EPS) of $1.09 on revenues of $8.1 billion in…

Paul Ausick · 14 years ago

Citigroup Posts Big Miss, Shares Fall

ThinkstockCitigroup Inc. (NYSE: C) shared its fourth-quarter and full-year 2012 results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $0.69 on revenues of $18.66 billion. In…

Paul Ausick · 14 years ago

Charges Hammer Bank of America Earnings

Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) reported fourth-quarter and full-year 2012 results before markets opened this morning. The mega-bank reported diluted quarterly earnings per share…

Paul Ausick · 14 years ago

Goldman Sachs Aims at New Yearly High on Earnings

Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported fourth-quarter and full-year 2012 results before markets opened this morning. The investment bank and financial services giant reported quarterly diluted earnings per share (EPS) of $5.60…

Paul Ausick · 14 years ago

J.P. Morgan Beats on Earnings, CEO Dimon Pay Cut in Half

Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) is seeing shares play a little give-back this morning after the largest bank by deposits has reported it fourth-quarter earnings as $5.3 billion. That came to…

Jon C. Ogg · 14 years ago