Consumer Credit Card Losses and Risks Growing at Major Banks
Some consumers feel ripped off at the notion of paying 18% interest rates, or even higher, on their credit cards.
Some consumers feel ripped off at the notion of paying 18% interest rates, or even higher, on their credit cards.
In the past 52 weeks, most of the major money center banks have posted incredible gains. So perhaps, these earnings reports might be a good chance for some profit taking.
Citigroup posted better-than-expected second-quarter revenues and earnings, but investors remain cautious on the stock.
The major banks kick off the earnings season each quarter, and we have a few of them reporting Friday morning. Although only three major banks are reporting, the rest will be coming…
The top analyst upgrades, downgrades and other research calls from Tuesday include Agilent, Apple, Citigroup, Exxon, M&T Bank, Snap, Toyota and Twitter.
The top analyst upgrades, downgrades and other research calls from Friday include Boeing, Costco, Intel, KeyCorp, NVIDIA, PayPal and Snap.
The main companies reporting this week are banks, which always kick off the earnings season. Although only three major banks are reporting this week, the rest will be coming along very shortly.
The recent pullback in share prices for these five top banks have provided somewhat better entry points. JPMorgan continues to recommend large cap bank stocks.
Now that the U.S. Federal Reserve has released the 2017 results of the Comprehensive Capital Analysis and Review, all 34 of the banks received approval for their shareholder capital return plans.
This year, all 34 participating banks passed their stress tests, which is not only good news for investors, but good news for the country as a whole.
These are the top 20 stock buybacks in dollars spent during the first quarter of 2017 of all S&P 500 companies.
Sticking with the big money center and regional leaders makes sense for investors, especially with some volatility creeping back into the overall markets.
The top analyst upgrades, downgrades and other research calls from Friday include AMD, Camping World, Endo International, Nordstrom, NVIDIA, Snap, Starbucks and Zynga.
The financial services sector was one of the biggest beneficiaries of the Trump bump. But things are different now, right before the slow summer months.
Sticking with the big money center leaders makes sense, especially with some volatility creeping back into the overall markets. While the near term could get rocky, the long-term outlook for all these…