Why Analyst Sees CIT Undervalued by Over 30%
If one were looking to invest in the financial sector at this time, then a value stock would be a solid bet. Oppenheimer thinks it has a strong pick.
Banking, finance, and taxes
All Banking, finance, and taxes Articles
Newest first · Page 87Why Banks Are Now the Only Cheap Stocks to Buy
A new research report from Deutsche Bank points out that the banks are the last cheap stocks left from the financial crisis.
Why Merrill Lynch Is Giving Up on Synchrony Financial, but Not on GE
Merrill Lynch downgraded Synchrony Financial on Wednesday but left the price target unchanged.
Ocwen Dumps Servicing Rights on $25 Billion in Mortgages
ThinkstockJust a month ago, mortgage servicer Ocwen Financial Corp. (NYSE: OCN) sold servicing rights to a portfolio of some 81,000 performing loans owned by Fannie Mae and Freddie Mac, valued at about $9.8 billion,…
NBG Trifecta – Earnings, Management Change, Tsipras Meeting in Germany
thinkstockNational Bank of Greece S.A. (NYSE: NBG) has another new management team. Investors are deciding whether a new team being in place or whether additional financing ahead is more important. NBG may not matter…
Commercial Credit Files for IPO
Commercial Credit Inc. has filed a Form S-1 with the U.S. Securities and Exchange Commission for an initial public offering.
Fed Drops Patience, but Still Sees Rate Hikes Later in Dovish Stance
ThinkstockWell, like it or not, the Federal Reserve and Janet Yellen have now formally moved the needle to being closer to rate hikes. As many had expected, the Federal Reserve dropped the terms “patience”…
No Sizzle in Goldman BDC IPO
Shares of Goldman Sachs BDC began trading Wednesday morning at $19.50, below the expected range of $20 to $21.
FXCM Shows It Is a Survivor
FXCM shares rose sharply after it reported better-than-expected fourth-quarter results Thursday after the markets closed.
Fed Approves Dividend Hikes for Most Major Banks, Citi Wins but BofA Does Not
Most major banks passed their stress tests, which clears the way for increased dividends and higher buybacks.
Wall Street Bonuses Hit Third Highest Year Ever in 2014
It is the time for yet another round of evaluating who on Wall Street makes what and how much they deserve.
Goldman Sachs BDC Files for IPO
Goldman Sachs BDC has announced plans for an initial public offering (IPO) of some 6 million shares.
4 Banks That Should Be Raising Dividend Payouts Soon
In the wake of the Federal Reserve Dodd-Frank Act stress tests, Jefferies thinks these four banks will see the biggest increases in dividend yields.
Can Boeing Sway Reauthorization for Export-Import Bank?
The U.S. Export-Import Bank dodged a bullet last September when its charter was temporarily reauthorized at the last minute.
All 31 Too-Big-to-Fail Banks Pass Preliminary Fed Stress Tests
ThinkstockThe Federal Reserve released the results of supervisory stress tests on Thursday. What stands out first and foremost is that the largest bank holding companies based in the United States have continued to build…