The biggest thing to watch for in the FOMC Minutes is the effect of exceptionally low rates and other quantitative easing measures. The minutes show that the group does not expect agency securities sale staking place…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 30, 2011. These public stock holdings have been broken down into two groups…
While not breaking news at this point, there is something that is front and center in banking when it comes to overdraft fees. To many consumers, overdraft fees are simply nothing more than a…
Any time you have a shareholder talking up a company, you have to understand that they are talking up their book. Billionaires do this, and they tend to be listened to more than others…
2012 is getting off to a great start for the equity markets. We recently looked at the performance of Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.B), which is underperforming this year so far with…
Facebook, Inc. has now filed its paperwork with the SEC which will allow the social networking giant to conduct an initial public offering. It should be no real surprise that financial terms were not…
The Bank of Ireland (NYSE: IRE) may have been a dead stock (or ADR) by most counts. The recapitalization and dilution process here has been almost as uncanny as the bailouts that were given to…
Spain’s big bank — Banco Santander (NYSE: STD) — said its fourth-quarter profits fell 98%. It took a $2.4 billion charge because of its wrecked real estate portfolio. It also set aside cash to…
ThinkstockAuto parts retailer The Pep Boys – Manny, Joe & Jack (NYSE: PBY) has agreed to be acquired by private equity firm The Gores Group for $1 billion cash, or $15/share. The price is…
American Express Co. (NYSE: AXP) is a very different company from credit card rival Capital One Financial Corporation (NYSE: COF). At this point in time, both are suffering as the credit card sector improvements…
Junk bonds, or high-yield bonds are at a level that all income investors need to be paying attention to. After a big recovery in the sector and after the markets have gotten off to…
Bank of America Corporation (NYSE: BAC) was already the best performing DJIA stock with gains of more than 20% since the end fo 2011. Now it has even more legs after the troubled money-center…
GS.COMThe Goldman Sachs Group, Inc. (NYSE: GS) is out with earnings this Wednesday. The investment banking giant, or the bank holding company with no real bank, managed to escape some of the worst fears…
Bank of New York Mellon (NYSE: BK) is in a different boat than State Street Corporation (NYSE: STT) after earnings this morning. Bank of New York missed on the top and bottom line with…
We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings. In fact, the real bank earnings season is all taking place…