Markets opened higher this morning although a decline in tech stocks weighed on the Nasdaq, leaving the index with only a small gain going into the last hour of trading. Energy stocks…
Borrowers with less-than-perfect credit are being courted once more by lenders trying to bolster their loan portfolios to make up for the loss of fee income from new regulations. The lost fees…
Markets opened slightly lower this morning as everyone seemed to be waiting for the announcement from Apple Inc. (NASDAQ: AAPL) regarding its $97 billion cash pile (our coverage here). Financial sector stocks…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Arch Coal Inc. (NYSE: ACI) Cut to Sell at Goldman Sachs. Caesars Entertainment Corporation…
American Express Company (NYSE: AXP) has released its data on delinquencies and write-off statistics regarding its U.S. Card Services unit. The data spans the last three months and the improvements are still…
Google (NASDAQ: GOOG) gets approval from the European Commission and the U.S. to buy Motorola Mobility (NYSE: MMI). (Reuters) Boeing (NYSE: BA) signs a $22.4 billion deal with Lion Air. (Reuters) Moody’s…
Bank of America Corp. (NYSE: BAC) has apparently given up on its effort to sell its credit card business in the UK and Ireland, which is operated under the MBNA Europe name.…
Credit card giant MasterCard Inc. (NYSE: MA) reported fourth quarter adjusted EPS of $4.03 on revenue of $1.72 billion. Consensus estimates called for EPS of $3.92 on $1.73 billion in revenue. The…
Of the 76 companies included in the S&P 500 index that have reported earnings through last week, 55% have beat expectations according to S&P Capital IQ consensus estimates. The largest year-over-year growth…
American Express Co. (NYSE: AXP) is a very different company from credit card rival Capital One Financial Corporation (NYSE: COF). At this point in time, both are suffering as the credit card…
We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings. In fact, the real bank earnings season is all…
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…
General Electric Co. (NYSE: GE) is in the news with an acquisition of depository assets from MetLife, Inc. (NYSE: MET) which some may fear is taking it back to being more and…
Americans have started using their credit cards again — and in a big way. Credit card debt jumped 154% in the third quarter of 2011 compared with the same period a year…
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and…
