France and Greece are not the only nations in which the forces of austerity suffered a setback. The party of Angela Merkel, the champion of government cost cuts across Europe, gave up ground in local…
Barclays, the UK based bank, has decided to move into the US online bank business. The move is a mystery given the competition from American banks, brokers, and financial advisors. Barclays believes…
This weekend has perhaps the most widely followed annual meeting from any public company in America as Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will have its shareholder meeting in Omaha, Nebraska. …
The financial sector was the best performing index out of the S&P 500 during the first quarter. That was when investors were decoupling from the woes of Europe. With European bank shares…
Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will be in the news quite a bit now that the world’s most famous investor, chairman Warren Buffett, has been diagnosed with prostate cancer. We…
Warren Buffett is supposed to be invincible. Unfortunately the world is finding out that this is not the case. A disclosure letter came from Mr. Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)…
Earnings season for the first quarter of 2012 is upon us and 24/7 Wall St. wanted to see how the tale of the tape is treating the companies reporting earnings. Our aim…
Markets opened lower this morning and by mid-morning equities were trading down about -1% across the board, where they have mostly remained for the rest of the day. Worries about Spain have…
Wells Fargo & Company (NYSE: WFC) is out with its first quarter earnings and the reaction looks a bit mixed on the surface. The bank reported earnings growth of 11% from the…
Jon C. Ogg Markets opened slightly higher this morning and about an hour before the markets close all three major indexes are more than 1% higher. The report on new unemployment claims was weaker than…
Friday morning will mark the start of earnings season as far as the financial sector and the money-center banking giants are concerned. While there was a strong rally in the first quarter…
Alcoa Inc. (NYSE: AA) kicks off the new earnings season after the markets close today, and according to S&P Capital IQ consensus estimates, it looks like earnings are going to be off…
This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012. The banking sector is going to be of particular…
The first quarter earnings reports will start to dribble out this week and expectations have been tempered in recent trading days ahead of Alcoa Inc. (NYSE: AA) on Tuesday afternoon. The stock…
