Bank of America Corp. (NYSE: BAC) may have a more bold cheerleader in Dick Bove’s call that BofA’s common stock is still going back up to $30 in the next two or…
Jon C. Ogg ThinkstockThe restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays PLC (NYSE: BCS),…
ThinkstockHSBC Job Cuts The restructuring of the financial services industry, which has ranged from 30,000 layoffs at Bank of America Corp. (NYSE: BAC) to cuts at Citigroup Inc. (NYSE: C) and Barclays…
ThinkstockAs Washington tries to find its way out of increasing debt, the debate continues over whether American companies should pay more or less in taxes. Meanwhile, some of the largest U.S. public…
U.S. equity markets opened lower this morning and were never able to shake off the doldrums as stocks traded below the break-even line all day. There was little data out in either…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseThe annual stress tests on the biggest U.S. banks produced a few surprises when the results were announced last night. The capital plans…
ThinkstockThere has been a bruising battle over how much America’s largest corporations should pay in taxes, especially as the size of the federal budget deficit grows. While on paper the federal corporate…
Courtesy Herbalife Ltd.William Ackman and Pershing Square Capital Management have released another presentation backing Ackman’s claim that Herbalife Ltd. (NYSE: HLF) is indeed a pyramid scheme. This time Ackman compares Herbalife to…
Bank of America Corp. (NYSE: BAC) has released a Small-Cap Alpha Surprise list from Merrill Lynch of small-cap stocks from the Russell 2000 for March. Of the 23 picks, eight were in…
Bank of America Corp. (NYSE: BAC) is out with its so-called RIC-Report for its clients. There is good news for equity investors, but not such good news for investors in municipal bonds,…
ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those sales. Close to a…
thinkstockWe have tracked the key short interest changes as of February 28 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
ThinkstockThe financial sector took a beating during the mortgage and housing market meltdown that threw the nation into recession in 2008. After five years of bailouts and rebuilding, the banking sector has…
ThinkstockFor more than four years the wireless tower stocks were among the most impressive gainers, even as the markets sputtered back and forth. They became the darlings of the momentum traders and…
ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share…
