Citi & Wells Fargo… A Tale of Two Earnings (C, WFC)
Citigroup Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC) earnings are a bit different this morning. Today looks like a prime example of “the good bank versus the bad bank.” Citigroup reported…
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 164S&P Lives Up To Downgrades Of France, Austria, Italy, Spain, & Portugal
Standard & Poor’s managed to live up to the rumor mill’s expectations on this Friday the 13th. S&P has now formally downgraded several European nations’ sovereign credit ratings. France and Austria have both lost…
S&P European Downgrades Driving Home (EWQ, EWG, EWO, ALU)
The rumors that Standard & Poor’s is set to downgrade certain European nations after the close is putting pressure on financial markets this Friday. Is it fitting that it is Friday the 13th? Reuters…
J.P. Morgan Sets Tone For Profit Taking In Banks (JPM, BAC, C, WFC)
J.P. Morgan Chase & Co. (NYSE: JPM) is a bit of a disappointment on the surface as revenues came in under plan. Jamie Dimon and friends reported earnings of $3.7 billion, or $0.90 EPS,…
J.P. Morgan Preview, Huge Bank Sector Book Value Discounts On Deck (JPM, WFC, BAC, C, STT, BK, MS, GS, AXP, COF, FAS)
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview on Jamie…
Carlyle Remains On Track for 2012 IPO (CG, BX, KKR, ACAS, OZM, FIG, PSP)
The Carlyle Group L.P. is still planning to be one of the top private equity initial public offerings of 2012. We even named it as one of the Top 17 IPOs to Watch in…
The 2012 Trade: Dump Utilities, Buy Banks… So Far (XLU, XLF, BAC, JPM, AEP, DUK)
The trade in 2011 was to go out and turn utility stocks into the new investment for retirees seeking income. They couldn’t exactly get any big yield in certificates of deposit, and loaning Uncle…
2012 Starts Out As Year of the Banks (JPM, BAC, FAS, WFC, CIT)
Has J.P. Morgan Chase & Co. (NYSE: JPM) managed to help further turn banks around in 2012? The sector which had no friends in 2011 is now actually the top bill in the DJIA…
The Story of Negative Yields in Germany (BUNL, BUND, BUNT)
Europeans are seeking safety in the same manner in which investors in the United States sought safety during times after the stock market crash. Imagine selling a bond issuance at a negative yield. Germany,…
Eastman Kodak Faces NYSE Listing Notice… The Failure Clock Countdown (EK)
Eastman Kodak Company (NYSE: EK) was recently named by us as a stock which is one of thirteen stocks unlikely to survive 2012 in its current form. A very low share price, a board…
ETFs Winning & Losing Fund Flows Into Year-End (GLD, XLV, FXI, SPY, XLK, EFA)
TrimTabs is showing what many investors might have expected. After such a volatile year in the stock market, investors are seeking safety in the nearly no-income offered by bond funds and bank savings accounts. The…
Korean Credit Ratings Safe After Kim Jong-Il Death (EWY, SKOR, KF, KEF, PKX, KEP, SKM)
If there was one issue which may have created uncertainty around the credit ratings of South Korea, it was the death of dictator Kim Jong-Il in North Korea. We just recently featured South Korea as…
Did Potash & Fertilizer Stocks Just Become Value Stocks? (MOS, POT, IPI)
Singapore’s sovereign wealth fund Temasek Holdings may have given agriculture, potash, and fertilizer investors an early, yet so far unnoticed, Christmas gift. The Singapore fund has taken roughly a 6.5% stake in Mosaic Co. (NYSE:…
Eurozone Banks Borrow Half a Trillion
The European Central Bank this morning got its long-term refinancing operation (LTRO) off the blocks with a bang. Eurozone banks took €489 billion ($641 billion) of the 1%, three-year loans, surpassing even the highest estimates…
Federal Reserve Issues Draft Dodd-Frank Compliance Rules (GS, MS, BAC, JPM, C, WFC)
The US Federal Reserve has issued proposed regulations that would put additional requirements on large US banks. The banks sure to be affected by the new rules include Goldman Sachs Group Inc. (NYSE: GS),…