Wikimedia CommonsGoldman Sachs Group Inc. (NYSE: GS) reported third-quarter 2013 results before markets opened Thursday morning. The investment bank and financial services giant posted quarterly diluted earnings per share (EPS) of $2.88…
Paul Ausick Frank Golhen, via Wikimedia CommonsIn the midst of the start of earnings season and in the midst of a Fitch credit ratings warning to the United States, a key decision has been made by the…
Frank Golhen, via Wikimedia CommonsEarnings season is upon us, and as of Monday we have no resolution on the government shutdown and the debt ceiling debate. These crucial issues are expected to…
Wikimedia CommonsThe general investing public will spend much of its energy waiting for earnings from famous companies such as Facebook Inc. (NASDAQ: FB) and J.C. Penney Co. Inc. (NYSE: JCP). These are…
ThinkstockThe Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve’s Board of Governors Thursday morning released the public portions of the so-called annual resolution plans for 11 of the country’s largest banks. The…
ThinkstockAfter the market implosion of 2007 and 2008, the major U.S. banks were all reeling from the same disease. The housing bust and the slew of horrible mortgage backed securities deals that…
Frank Golhen, via Wikimedia CommonsMonday is the first day of trading for the new lineup on the Dow Jones Industrial Average (DJIA) index. The new team is off to a bit of…
courtesy J.C. Penney Co. Inc.So far this year, J.C. Penney Co. Inc. (NYSE: JCP) has borrowed about $3 billion to buy its way out of the hole it dug for itself under…
Thinkstock24/7 Wall St. is a big fan of dividends, and we expect that there will be several big dividend hikes coming down the pipe from Dow Jones Industrial Average (DJIA) components. That…
ThinkstockWith tops across the Nasdaq, Dow Jones Industrial Average (DJIA) and S&P 500, concern is growing that, with a relatively poor economy and high unemployment, low interest rates cannot keep pushing the…
ThinkstockThis week we have seen dividend hikes from Dow Jones Industrial Average (DJIA) components Microsoft Corp. (NASDAQ: MSFT) and McDonald’s Corp. (NYSE: MCD). 24/7 Wall St. expects that there will be five, maybe…
ThinkstockThe dividend hike brigade keeps on marching. Microsoft Corp. (NASDAQ: MSFT) jumped in with a dividend hike a tad sooner than we were expecting, given that it is searching for a new…
Courtesy Boeing Co.Boeing Co. (NYSE: BA) is a very important company to the U.S. stock market. It is not just that Boeing is involved in our national defense and not just that…
TwitterTwitter filed papers for its initial public offering (IPO). The U.S. Securities and Exchange Commission allowed the filing to be essentially secret because of rules that apply to companies with revenue of…
ThinkstockEliot Spitzer’s loss in his attempt to become New York City comptroller proves that brands still matter. His brand disintegrated in about the same way as BP PLC’s (NYSE: BP) did. One or two huge…
