ThinkstockAlmost every major bank has released earnings for the second quarter. Unfortunately, despite the fact that most beat expectations, none has rallied much beyond the improvement in the S&P — at least…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, July 16, 2013. They include Baidu, Citigroup, GM, Ford and Yum! Brands.
July 15, 2013: U.S. equity markets opened slightly higher this morning but the report on U.S. retail sales pushed shares into the red early. A later report on business inventories helped pull stocks out…
ThinkstockCitigroup Inc. (NYSE: C) reported fiscal second quarter results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $1.254 on revenues of $20.5 billion. In…
Paul Ausick July 12, 2013: U.S. equity markets opened slightly higher this morning as European industrial production was below expectations and U.S. PPI was a bit higher than expected. The other major U.S. data…
ThinkstockSeeing a U.S., Canadian or European bank file to raise cash in a debt offering is generally nothing unusual. But when a bank files for a debt offering this large, it stands…
thinkstockShortly after markets opened this morning, the DJIA was down more than 1%, while the S&P 500 and the Nasdaq were off even more. Index futures were even lower, so maybe the…
U.S. equity markets opened higher this morning after the report on non-farm payrolls showed a slightly larger rise than analysts had expected. State and local government jobs rose for the first time…
Investors and traders are always searching for fresh research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls each morning to find great…
ThinkstockIf you ever wondered about a pay disparity between the top and the bottom, pay close attention here. CEOs and presidents are often paid very well at the big banks. SNL Financial has…
courtesy of AOL, IncDefense Secretary Chuck Hagel says he has deep concerns about cyberattacks on U.S. interests. (Reuters) Intel Corp. (NASDAQ: INTC) beats out tough competition to get a chip in the…
ThinkstockWith the recent spike in long-term interest rates acting as a proxy for rising short rates, investors need to be focused on which banks are best positioned for a sustained rising rate…
Investors and traders are always looking for new research ideas that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research calls each morning to find great ideas…
Wikimedia CommonsTuesday will mark the do or die date for J.P. Morgan Chase & Co. (NYSE: JPM) shareholders and corporate governance issues. The effort to split the role of chairman and chief…
courtesy of AOL, IncThe European Central Bank may begin to identify weak banks and deny them aid. (Reuters) Foxconn, once one of Apple Inc.’s (NASDAQ: AAPL) largest suppliers, says it needs additional…
