Citigroup is finding out that it also gets a turn in the mortgage settlement barrel. Shares have dropped on Friday on news that the U.S. Department of Justice is seeking a $10…
Frank Golhen, via Wikimedia CommonsShort sellers continue to hold huge positions not only in blue chips like Bank of America and AT&T, but also in troubled companies like J.C. Penney. As of…
A new report from UBS dissects all of the revenue streams for the big banks, and one thing is for sure, the pie that used to be pretty huge around the street…
These are the top Wall Street analyst upgrades, downgrades and initiations for Wednesday, June 4, 2014. The include BHP, Coach, Monster, TIBCO, GNC and Barclays.
Signet Jewelers acquires Zales Corp. for $1.46 billion, despite some opposition from activist shareholders. With the merger, Signet's share of the jewelry market will now be three times larger than its nearest…
Frank Golhen, via Wikimedia CommonsShort sellers continue to hold large positions not only in troubled companies like J.C. Penney, but also in blue chips like Bank of America and AT&T. As of…
Now that Bank of America has resubmitted its capital plan to the Federal Reserve, the bank's SEC filing showed an almost non-event from the third party review on any of its key…
Bank of America has decided to resubmit its requested capital actions and certain 2014 Comprehensive Capital Analysis and Review schedules to the Board of Governors of the Federal Reserve System.
Jon C. Ogg Image via Floyd Wilde, Flickr.You know the story. The Chicago Cubs haven’t won a World Series since 1908, by far the longest championship drought in baseball. So naturally, fans take this to…
ThinkstockLow fees and free tools are no longer enough to satisfy self-directed investors who make their own investment decisions and use a brokerage firm primarily to execute their trades. The online investment…
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Wednesday, May 21, 2014. They include AIG, Bank of America, Citigroup, Nokia, Marketo and Voya Financial.
ThinkstockThe Federal Reserve releases its balance sheet details each week. These are no longer moving the credit markets as the perception is that the end of quantitative easing has started via the…
ThinkstockFor a bull market to stay alive, you have to have participation from the financial sector. Warren Buffett of Berkshire Hathaway Inc. (NYSE: BRK-A) has been a financial stock buyer for many…
ThinkstockSome brands have stellar reputations as a result of innovation, well thought-out marketing strategies and good public relations from the companies behind them. On the other hand, weak or defective products, scandals…
ThinkstockTechnicians are an interesting lot. After all, they use charts, inflows and other overbought or oversold indicators to see what the story is telling you. It is no secret that longer-term gains…
