A new Merrill Lynch report offers 10 reasons that banks can keep outperforming the broad market in 2014. The firm went as far as to say that it sees its top picks…
These are this the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 8.
Bank of America was another Dow Jones Industrial Average component that was booted in 2013. The real question is what lies ahead in its ongoing recovery. 24/7 Wall St. takes a look…
Jon C. Ogg These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, January 2.
While the Volcker Rule did not hit banks as hard as many expected, that is not to say that the big banks are off the hook in 2014. Sterne Agee has lowered…
courtesy of Sirius XM RadioWhat’s not to like about Sirius XM Holdings Inc. (NASDAQ: SIRI)? The satellite radio company created from the 2008 merger of Sirius and XM Radio has a market…
ThinkstockThe American Customer Satisfaction Index has released its ranking of the nation’s top four banks, which include J.P. Morgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE:…
courtesy of BaiduBaidu, Inc. (NASDAQ: BIDU) is likely one of the key reasons that Bitcoin has been able to rise handily and gain more adoption. After all, when the largest search engine…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
ThinkstockBank of America Corp. (NYSE: BAC) is having a bit of an unusual bond sale, and it is something we might have overlooked had it been anything else but this. The bank…
Jon C. Ogg ThinkstockThe country’s largest banks have had a pretty good year so far in 2013 and an even better trailing 12 months. Nothing seems to be able to quench investors’ appetite for bank…
ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon…
ThinkstockThe UBS proprietary institutional flow data indicates that hedge funds are increasing exposure to financials and decreasing exposure to health care. Given that health care has outperformed significantly year to date, hedge…
Courtesy Boeing Co.The third-quarter earnings season has been a very successful one. Most companies have beaten earnings expectations this quarter, continuing a long streak of better-than-expected earnings reports. The U.S. equity research…
ThinkstockBankers are still not very well thought of after the financial meltdown, even if they might not have ben that well thought of before the meltdown. Still, at some point the public…
