Hedge funds cut their fourth-quarter investment in equities by 1%, with the biggest cuts coming to Procter & Gamble and Amazon. Bank of America and NXP Semiconductors were the most heavily bought.
Berkshire Hathaway has released its public equity holdings as of December 31, 2016, and the number of changes in the equity portfolio were nothing short of massive.
A new Merrill Lynch research report makes the case that some regulatory relief is possibly on the way, which could free up some of the tremendous amount of capital the banks are…
There were some notable moves in the most shorted stocks traded on the New York Stock Exchange between the January 13 and January 31 settlement dates, as short sellers appear to be…
Short sellers will be keeping an eye on two of their favorite stocks in the days ahead. Bank of America and Intel recently hit new 52-week highs but have begun to retreat.
The 10 global banks with the highest brand values include four from China, four from the United States and one each from the United Kingdom and Spain.
Short sellers will keeping an eye on three of their favorite stocks in the days ahead, as they have reached new 52-week highs.
Except for a couple of notable exceptions, short interest moves were mild but positive among the most shorted stocks traded on the New York Stock Exchange between the December 30 and January…
Contrary to public denials, Citi, BofA, JPMorgan, and Wells Fargo banks have provided services to the marijuana industry.
Wells Fargo continues to struggle, both financially and with its reputation. As part of means to cut costs, the big bank's chief financial officer said it would shutter 400 branches.
Overall, the three major banks that reported earnings Friday are seeing handy gains in their share prices on perhaps the most unlucky day of the year.
Chris Lange Three of the major U.S. banks are releasing their fourth-quarter earnings reports before the markets open on Friday. Generally speaking, financial stocks have made solid gains through the end of 2016, with…
Bank of America, Chesapeake Energy and General Electric all saw double-digit percentage drops in their short interest in the waning days of 2016.
Three major banks are reporting their fourth-quarter financial results before the markets open on Friday. In general, financial stocks have made solid gains through the end of 2016, with a tremendous tailwind…
For "value" to be found in financial stocks, one metric that is always insightful is a review of profitable companies that are trading at discounts to their stated book values.
