State and federal government officials are near a deal to settle improper foreclosure charges against a number of banks. The amount of the agreement will cause financial firms to pay about $25…
Of the 76 companies included in the S&P 500 index that have reported earnings through last week, 55% have beat expectations according to S&P Capital IQ consensus estimates. The largest year-over-year growth…
Bank of America Corporation (NYSE: BAC), J.P. Morgan Chase & Co. (NYSE: JPM), Wells Fargo & Co. (NYSE: WFC), Citigroup, Inc. (NYSE: C) are among the banks and lenders which could be…
Bank of America Corp. (NYSE: BAC) has already identified cost cuts of $5 billion for 2012. Now the company is looking at additional ways to save another $5 billion. The bank is…
Paul Ausick Equity markets opened mixed this morning, with the DJIA up slightly and the NASDAQ Composite and S&P 500 down slightly. That pattern held throughout the day as last night’s report from Google…
Stocks opened higher this morning and have mostly remained in positive territory throughout the day. Reports that China was considering lowering its banks’ capital reserve requirements boosted both Asian and European markets…
US index futures are higher this morning as European and Asian markets have all responded favorably to recent earnings announcements for US companies like Bank of America Corp. (NYSE: BAC), Morgan Stanley…
Bank of America Corporation (NYSE: BAC) was already the best performing DJIA stock with gains of more than 20% since the end fo 2011. Now it has even more legs after the…
Bank of America Corporation (NYSE: BAC), the second of the DJIA components in banking, is due to report its fourth quarter and 2011 year-end earnings on Thursday morning. The bank is currently…
Yahoo! (NASDAQ: YHOO) founder and former CEO Jerry Yang leaves the company’s board. (Reuters) The World Bank sharply cuts global growth forecasts. (Reuters) Greece and private creditors race to settle on a…
Investors’ appetite for risk has followed on rising sentiment on positive economic growth in the coming year. The Merrill Lynch division of Bank of America Corp. (NYSE: BAC) survey of fund managers…
Paul Ausick We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings. In fact, the real bank earnings season is all…
This shortened week is the first week full of many major companies reporting earnings season. We will have a clear direction for the financial leaders and many of the technology leaders after…
Updated throughout the day Kodak (NYSE:EK) has approached Citigroup (NYSE: C) for money to tide it through Chapter 11 (Bloomberg) Bank of America (NYSE: BAC) was given a mandate by the Fed…
J.P. Morgan Chase & Co. (NYSE: JPM) is a bit of a disappointment on the surface as revenues came in under plan. Jamie Dimon and friends reported earnings of $3.7 billion, or…
