GS.COMGoldman Sachs Group Inc. (NYSE: GS) is not your typical financial firm. It caters to institutions and high net worth individuals almost exclusively. It is also a bank holding company, yet it…
Jon C. Ogg Finviz.comGood earnings should translate into improved stock prices. For some reason, things did not work out that way for several large companies that posted strong results for the third quarter. Share prices…
The Dow Jones Industrial Average (DJIA) is a very strange index considering that it is “The Stock Market” when most people who are not traders discuss how stocks did on any given…
ThinkstockFour of the largest U.S. banks saw their ratings from Moody’s Investors Service cut on Thursday. The agency cited the reduced likelihood that the government would help Bank of New York Mellon…
ThinkstockThe UBS proprietary institutional flow data indicates that hedge funds are increasing exposure to financials and decreasing exposure to health care. Given that health care has outperformed significantly year to date, hedge…
Frank Golhen, via Wikimedia CommonsStocks rise and fall for many reasons, many of which seem very counterintuitive. So what are investors supposed to take out of Wednesday’s stock market sell-off? Hopefully, not…
Jon OggEarnings season is charging fast, and the stock market keeps challenging new highs now that a deal has been made in Washington, D.C. Investors and traders alike have to be considering…
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…
