Wells Fargo & Co. (NYSE: WFC) joins J.P. Morgan Chase & Co. (NYSE: JPM) and Bank of America Corp. (NYSE: BAC) as its major consumer customer site apparently was hacked and service…
Strikes in Greece Spain is not the only nation with the problem of citizens who have taken to the streets to attack austerity. In Greece, the protesters numbers as high as hundreds…
This would mark a serious change of fate if there is truth to the report. CIT Group Inc. (NYSE: CIT) went belly up after the recession. Since emerging from bankruptcy under CEO John…
Nike Inc. (NYSE: NKE) will buy back $8 billion in shares. (Reuters) More than 5 million Facebook Inc. (NASDAQ: FB) members are children who have been banned from the social network. (Reuters)…
Bank of America Corp. (NYSE: BAC) is issuing coverage updates on the U.S. regional banking sector, with price target upgrades as it is “mining the melt-up” seen in the rise in bank…
Banks are back in favor. The most recently announced round of quantitative easing via mortgage-backed securities purchases from the Federal Reserve follows a ratings action earlier this year in which Moody’s downgraded 15…
The three major U.S. stock indexes opened lower this morning on the absence of any big macroeconomic data in Asia or Europe. Tensions between China and Japan over a handful of islands…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus. AK…
In the age of health care reform, today’s news will sound ridiculous to just about any investor. The Dow Jones Industrial Average (NYSEMKT: DIA) is making a crazy change among its 30…
The eurozone bailout approval and the coming announcement (or continued hint) of additional quantitative easing from the FOMC is not adding to the banks at the current time. We saw a “Sell the…
You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for Angela Merkel…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Advanced Micro Devices Inc. (NYSE: AMD) raised to Neutral from Sell at…
Discover Financial Services (NYSE: DFS) has managed to avoid getting crushed and its share price is actually much higher than it was before the recession. Shares are very close to an all-time…
Moody’s is panning the U.S. banking sector yet again. In an updated credit profile on Tuesday, Moody’s said, “The outlook for the US banking system remains negative, with ongoing challenges in the operating…
Research firm SNL Financial has released its list of the top 50 U.S. banks at the end of the second quarter of 2012. The eleven largest banks are JPMorgan Chase & Co.…
