The markets opened higher this morning and all three major indexes have managed to hold onto most of their gains of the early morning. The S&P 500 index topped 1,300 for the…
Citigroup Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC) earnings are a bit different this morning. Today looks like a prime example of “the good bank versus the bad bank.”…
This shortened week is the first week full of many major companies reporting earnings season. We will have a clear direction for the financial leaders and many of the technology leaders after…
Updated throughout the day Kodak (NYSE:EK) has approached Citigroup (NYSE: C) for money to tide it through Chapter 11 (Bloomberg) Bank of America (NYSE: BAC) was given a mandate by the Fed…
J.P. Morgan Chase & Co. (NYSE: JPM) is a bit of a disappointment on the surface as revenues came in under plan. Jamie Dimon and friends reported earnings of $3.7 billion, or…
Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed a lengthy list of corporations for which there is substantial research data to choose the 10 most…
TPG may invest $1 billion in troubled Olympus. (Reuters) President Obama to ask for a $1.2 trillion increase in the national debt ceiling. (Reuters) China’s foreign currency reserves drop to $3.18 trillion,…
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview…
Vikram Pandit, the CEO of Citigroup (NYSE: C), wants more transparency of balance sheet risks at all financial institutions. It is a convenient argument because Citigroup has been forced into a series of disclosures…
Douglas A. McIntyre Dell (NASDAQ: DELL) to launch its first tablet PC late this year. (Reuters) NYSE Euronext (NYSE: NYX) and Deutsche Boerse will try to save their merger with a case for EC regulators. (Reuters)…
Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple (NASDAQ: AAPL) is likely to pass Exxon Mobil…
Bank of America Corporation (NYSE: BAC) was recently named as one of the Top DJIA Stocks With Upside for 2012. The problem is that the target price from the consensus analyst reading…
If there is a banking and financial boutique that investors pay attention to, it is Keefe Bruyette & Woods. The firm is out with a note trimming fourth quarter bank earnings, handily cutting estimates in…
Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT) sells its regional media group for $143 million. (Reuters) The U.S. Treasury…
The US Federal Reserve has issued proposed regulations that would put additional requirements on large US banks. The banks sure to be affected by the new rules include Goldman Sachs Group Inc.…
