The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Applied Signal Technology, Inc. (NASDAQ: APSG), Arena Pharmaceuticals, Inc.…
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Altera Corp. (NASDAQ: ALTR) Started as Hold at Deutsche Bank. Ansys Inc. (NASDAQ: ANSS)…
Financial regulatory measures may have finally caught up to the ability of some large banks to stabilize their balance sheets. This problems sits side-by-side with the foreclosure document scandal which has left…
Wells Fargo & Co. (NYSE: WFC) managed to beat earnings this morning. Warren Buffett’s favorite bank posted a gain of 19% in net income of $3.15 billion, translating to $0.60 EPS on…
Reuters: Wall St. was disappointed by Yahoo!’s (NASDAQ: YHOO) revenue forecast. Reuters: French police unblocked the fuel deposites held by strikers against auterity. Reuters: The CEO of Research In Motion (NASDAQ: RIMM)…
The US Treasury will offer for sale 1.5 billion shares of Citigroup Inc. (NYSE:C) of the 3.6 billion shares it still holds in the bank. The sale of the common stock will…
Bank of America Corporation (NYSE: BAC) is following Citigroup, Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM) by beating earnings expectations. Many of the headlines will describe a loss of…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Citigroup, Inc. (NYSE: C) is seeing what appears to be a slight positive reaction to its earnings beat. The banking giant reported earnings Monday morning with $0.08 EPS versus Thomson Reuters estimates…
Jon C. Ogg The week of October 18 to 22 is jam-packed with earnings. It also happens that eleven of the thirty DJIA components reporting earnings will be delivered next week. On deck are such…
Bank of America (NYSE: BAC) and Apple Inc. (NASDAQ: AAPL) are a nearly perfect cameo of where the stock market is now, and where it is likely to remain after earnings season.…
Updated throughout the day. Sinochem and Canadian pension are at work on separate deal to buy Potash (NYSE: POT) (The Times) Citigroup (NYSE: C) may move to increase its transaction business in…
Douglas A. McIntyre When I interviewed General Electric Co. (NYSE: GE) CEO Jeff Immelt at the company’s annual meeting in Houston earlier this year, there were two key things that stood out on top of…
The TARP program is no more. The Treasury Department issued its final report on the cornerstone project meant to save the US financial system from failure. “In light of the recently announced…