U.S. equity markets opened flat to higher this morning but the good vibe didn’t last long. In Europe, the Bank of England made no changes either to interest rates or its bond…
ThinkstockBest CEO lists can be based on dozens of factors. For public companies, the best metric is usually share price. It is hard for chief executives to be considered very good if…
For all practical purposes, credit card delinquencies have been improving and improving for close to the last three years. That is perhaps coming to an end. It was in October that Fitch…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. American Axle & Manufacturing Holdings Inc. (NYSE: AXL) raised to Outperform at…
The three major U.S. stock indexes opened higher this morning as markets shook off weak news from Europe in favor of better news from Asia. In Europe, German unemployment stayed at 8.6%…
Discover Financial Services (NYSE: DFS) reported fiscal third quarter earnings per share (EPS) of $1.21 on revenue of $1.96 billion. In the same period a year ago, the credit card issuer and…
Trey Thoelcke The three major U.S. stock indexes opened mixed this morning as yields on Spain’s 10-year bonds took a run at 6% again and the Catalan regional government announced a “snap” election to…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus. AK…
Discover Financial Services (NYSE: DFS) has managed to avoid getting crushed and its share price is actually much higher than it was before the recession. Shares are very close to an all-time…
“Can I just PayPal that?” is a question you do not hear too often inside of retail stores, where credit cards have ruled over cash for about two decades. That is about to…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday morning. Advance Auto Parts (NYSE: AAP) cut to Neutral at Credit Suisse.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Celgene Corporation (NASDAQ: CELG) Maintained Buy with target of $73.00 at Cantor…
The three major US stock indexes opened higher this morning as markets ignored a steep rise in short-term Spanish debt and focused instead on some encouraging news on new housing construction permits…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
We noted earlier this morning how lenders and credit card issuers were trying to beef up revenues by going back into the sub-prime market. Another way banks and card issuers boost revenue…
