While the move up in the bank stocks has been solid during the summer months, strong job growth and a rising rate environment could really help push shares higher in the fall.
If the Jefferies strategist is right, and history repeats itself, these four top stock should all do outstanding over the next three months.
These four top Wall Street banks are looking better to the RBC team, and all have posted solid second-quarter results.
In June Citigroup warned that profits for the quarter could drop as much as 25%. The reported results were much better than both the bank and analysts had feared.
Paul Ausick Citigroup and Wells Fargo will have to prove to Wall Street and Main Street alike that they can operate profitability in a climate with stubbornly low interest rates.
24/7 Wall St. wanted to see which big banks reporting earnings this week and next could make the biggest headway against their book values.
24/7 Wall St. has put together a preview of Alcoa, Citigroup and some other major companies reporting their quarterly results this week.
The week of July 8 brought several key analyst downgrades in blue chip stocks. These are not all Dow Jones Industrial Average stocks, but most are or have been.
It may come as a shock, but out of the 10 largest investment banks by assets, only one of them has outperformed the S&P 500 since bear market bottom on March 6,…
Watching the massive fallout and then recovery within broad markets, we are beginning to realize that the Brexit provided a very attractive entry point into a fair number of industries. Granted, the Brexit…
It was just last week that investors learned that all of the major banks were shown to have passed their Federal Reserve stress tests. Now the capital return plans (CCAR) have been…
The largest U.S. banks had a rough day Friday following the U.K. vote to leave the European Union. The average share price loss for the country’s six biggest banks was 7.59%. The…
In a somewhat unexpected move, the United Kingdom has left the European Union causing significant fallout within global markets. At the same time, investors are piling into gold to hedge themselves as…
The Federal Reserve has finally released the results of the 2016 stress tests. If there is one thing you need to take away from this, it is that all of the nation’s…
Standard & Poor's has now shown that the first quarter of 2016 saw a 12% rise in buyback spending to a whopping $161.4 billion.
