The negative fourth-quarter gross domestic product (GDP) reading of -0.1% caught most Wall St. analysts and economists by surprise. This unforeseen number was skewed by a huge decrease in government spending. Most…
ThinkstockThere is a case of good news and bad news in a survey of chief financial officers today, and it has what should likely be an economic overhang for 2013. The good news…
Jon C. Ogg Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) was the top-performing Dow Jones Industrial Average stock in 2012. That performance was not with banking analyst Meredith…
Bank of America/Merrill Lynch has made some key changes to its various US research portfolios over the last 30 days. In a research change summary the bulge-bracket firm summarized its changes for…
In case you missed it, 3M Co. (NYSE: MMM) became the most recent Dow Jones Industrial Average member to boost its dividend. It also raised its share buyback ambitions. Investors should be…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseA federal judge in Manhattan ruled yesterday that Flagstar Bancorp Inc. (NYSE: FBC) must pay $90.1 million to bond insurer Assured Guaranty Ltd.…
24/7 Wall St. is still a big fan of dividends. What is even better than a high dividend yield is when companies with solid dividends raise their dividend payouts. Dividend hikes have…
ThinkstockThe Dow Jones Industrial Average has just seen a major move in January 2013, with gains of nearly 6%. That was even after two days of light profit taking at the end…
ThinkstockWhen well-known analysts make a major price call, investors and Wall St. usually listen. Outspoken bank analyst Richard Bove has done just that. The former Ladenburg Thalman and Rochdale securities analyst recently landed at…
January has been one great month for equity investors. With the Dow Jones Industrial Average up about 6.5% and challenging 14,000 again, and the S&P up more than 5.5% back above 1,500,…
ThinkstockLast month we wrote about the huge rally in the homebuilding stocks since the lows of the stock market in March of 2009. Stocks that were written off for dead like Lennar…
ThinkstockMany areas come into play when looking for stocks to add to a portfolio. Smart investors look for good earnings, dividends and solid growth prospects. In other words, strong fundamentals. One other…
thinkstockWe have tracked the key short interest changes as of January 15 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
Stocks have rallied sharply during January after the last-minute congressional compromise on the fiscal cliff. While the deal was far from perfect, it averted not only a disaster for the U.S. economy,…
Last night we saw the news that Wells Fargo & Co. (NYSE: WFC) hiked its dividend to show that it has the top position of core banking strength in America. We expect…
