The financial industry has satisfied investors so far with fourth-quarter results. Three big players will try to keep the momentum going when they report on Thursday: Citigroup, Goldman Sachs and American Express.
Jon OggIt is fairly hard to argue that the stock market is in a bubble if you been through real bubbles before, but it is still fair to question valuations at this…
Jon C. Ogg Jon OggWe are now well past the end of 2013, and many strategists have mixed targets for the stock and bond markets in 2014. The last year brought gains of 26.5% in…
Goldman Sachs saw a total return of just over 40% in 2013, handily exceeding the strong gain in the DJIA and the S&P 500. 24/7 Wall St. has generated a bullish and…
Jon C. Ogg These are this the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 8.
Beginning April 1, the cost to store commodities like aluminum and copper in London Metal Exchange (LME) bonded warehouses will rise at average of 3% and transportation charges out of the warehouses…
If one firm can create interest around a stock, it is Goldman Sachs. Investors have followed its Conviction Buy List for years, but 24/7 Wall St. has tracked many major changes to…
Courtesy RosneftGlobal mega-bank Morgan Stanley (NYSE: MS) said late Friday that it has agreed to sell its global oil trading business to Russia’s state-controlled oil giant OAO Rosneft for an undisclosed sum.…
thinkstockDecember 18, 2013: Markets opened slightly higher on Wednesday, but didn’t move much until the afternoon FOMC announcement came out. Tapering has begun, and interest rates will remain at their near-zero level.…
Frank Golhen, via Wikimedia CommonsThis Friday, trading volume on some top stocks in the S&P 500 will soar. In addition to the normal volatility and volume associated with quadruple witching, the S&P…
ThinkstockLike other sectors of the S&P 500, the capital market stocks had a tremendous year. Capital market stocks include brokerage firms, asset managers, financial advisory firms and more. Many of the stocks…
thinkstockDecember 10, 2013: Markets opened lower on Tuesday morning on another day of relatively light trading and likely some more profit-taking. The DJIA closed down 0.33%, the S&P 500 closed down 0.32%,…
Jon OggStocks are looking for direction after the first week of a sell-off on the heels of eight weeks of a rally. At the same time, investors are getting ready for year-end…
thinkstockMarkets opened lower Thursday morning and all three major indexes finished the trading day lower as well. The Nasdaq Composite fell just 0.12% at the closing bell, while the DJIA and the…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
