Capital One Financial (NYSE:COF) just announced that credit card defaults rose to 5.80% in January from 5.78% in December. The charge off rate was not good either rising from 10.14% in December…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Short interest in major banks rose sharply for the period that ended on January 31. Share short in Citigroup (NYSE:C) were up 11% to 439 million. The short interest in Bank of…
Reuters:Â Â Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters:Â Â ArcelorMittal sees a slow improvement in steel production in Q1. Reuters:Â Â IMF aid for Greece may…
They are a perfect pair. Disgraced former Merrill Lynch CEO John Thain will join CIT (NYSE:CIT), the lending firm disgraced by a Chapter 11 filing, as its new chief. Thain’s partner in…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
Reuters:Â Â The economy probably added 5,ooo jobs last month. Reuters:Â Â Kraft (KFT) gained control over 75% of Cadbury shares. Reuters:Â Â Toyota (TM) may recall the Prius. Reuters:Â Â Publishers and Amazon (AMZN) are…
Updated throughout the day. The US could lose its Aaa bond rating at Moody’s (CNBC) Obama will outline a significant stimulus for alternative energy (Reuters) Bank of America (NYSE:BAC) will pay out…
The trend begun by Goldman Sachs (NYSE:GS) to pay bankers and management generous bonuses has begun to move to other financial firms. AIG (NYSE:AIG) said it had been able to get back…
Reuters:  Volcker believes that banks should not be allowed to make risky trades. Reuters:  Toyota (NYSE:TM) sales dropped after its recall announcements. Reuters:  More US consumers are paying credit cards before mortgages. Reuters:  …
The recent trading days have been more than interesting in the market and in the financial sector. The big change came right at the same time that the banks looked poised for…
Updated throughout the day. Jeff Zucker, the head of the NBCU unit at GE (NYSE:GE) may be fired (BusinessInsider) The new CEO of Bank of America (NYSE:BAC) will make a $950,000 salary (TheStreet) Large…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Notorious banking analyst Meredith Whitney turned out to be right in her recent calls against being long the major banks and brokerage firms, although for the wrong reasons ahead of the latest…
These are today’s top day trader and active trader alert stocks. We have more details and analysis via a link to each story at VSInvestor.com: SIRIUS XM Radio (NASDAQ: SIRI) is up…
