The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans…
Money is short and times are hard, but the government is paid back and bank investors may find dividend checks in with their holiday cards. The Wall Street Journal broke news late…
The Federal Reserve took a risky step that will involve the purchase of $600 billion in securities. (Reuters) Nations in Asia and Latin America said they would alter policy to combat dollar inflows…
China’s PMI grew much faster than expected. (Reuters) China will not slow rare earth shipments. (Reuters) Apple (NASDAQ: AAPL) sued Motorola (NYSE: MOT) over six patents. (Reuters) New search engine Bleeko will…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Akamai Technologies Inc. (NASDAQ: AKAM), Apple Inc. (NASDAQ: AAPL),…
Maybe the worst is over for Bank of America Corporation (NYSE: BAC). Maybe. The fears of mortgage put-backs and lawsuits over mortgage disclosures and the ongoing foreclosure halt has created what many…
Jon C. Ogg Maybe the worst is over for Bank of America Corporation (NYSE: BAC). Maybe. The fears of mortgage put-backs and lawsuits over mortgage disclosures and the ongoing foreclosure halt has created what many…
Jon C. Ogg Bank stocks will rebound and telecom shares will rise. That is, at least, the prevailing opinion among short sellers as of October 15. Telecom and telecom equipment shares will benefit from an…
Updated throughout the day. Bank of America (NYSE: BAC) has found a number of errors in its mortgages (WSJ) Adobe (NASDAQ: ADBE) will try to stay independent. (Financial Times, Germany) The President’s…
Reuters: What might have become a currency war before the G20 has turned to very tentative cooperation. Reuters: Emerging nations will have more say in IMF policies. WSJ: Bank of…
Financial regulatory measures may have finally caught up to the ability of some large banks to stabilize their balance sheets. This problems sits side-by-side with the foreclosure document scandal which has left…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Some of the most active stocks or largest moves…
These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amylin Pharmaceuticals, Inc. (NASDAQ: AMLN) Cut to Hold at Citigroup; Cut to Hold at…
Wells Fargo & Co. (NYSE: WFC) managed to beat earnings this morning. Warren Buffett’s favorite bank posted a gain of 19% in net income of $3.15 billion, translating to $0.60 EPS on…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
