The total 2011 compensation package for Goldman Sachs Group Inc. (NYSE: GS) CEO Lloyd Blankfein was chopped by $6.7 million to $12.4 million, 35% below his 2010 total pay of $19.1 million.…
J.P. Morgan Chase & Co. (NYSE: JPM) has reported its first-quarter earnings results ahead of expectations. The top bank in America earned net income of $5.4 billion in the first quarter versus…
Jon C. Ogg Markets opened slightly higher this morning and about an hour before the markets close all three major indexes are more than 1% higher. The report on new unemployment claims was weaker than…
Friday morning will mark the start of earnings season as far as the financial sector and the money-center banking giants are concerned. While there was a strong rally in the first quarter…
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…
Alcoa Inc. (NYSE: AA) kicks off the new earnings season after the markets close today, and according to S&P Capital IQ consensus estimates, it looks like earnings are going to be off…
This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012. The banking sector is going to be of particular…
The first quarter earnings reports will start to dribble out this week and expectations have been tempered in recent trading days ahead of Alcoa Inc. (NYSE: AA) on Tuesday afternoon. The stock…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday. Apple Inc. (NASDAQ: AAPL) Cut to Neutral at BTIG. The Charles Schwab…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
Jon OggEarnings season is almost upon us for the first quarter of 2012. There is some growing caution over company expectations on the heels of a massive rally where the DJIA rose…
many investors objected to the 2011 pay package of JP Morgan (NYSE: JPM) CEO Jamie Dimon. He made $23 million, which was more than any other bank chief executive. Dimon also was…
Douglas A. McIntyre After legal issues slowed their progress last year, foreclosures are about to increase. (Reuters) Time Warner Cable (NYSE: TWC) may end its deal with Current TV because of low ratings. (Reuters) The…
If you can count on one banking CEO to be outspoken, chances are high that it is Jamie Dimon of J.P. Morgan Chase & Co. (NYSE: JPM). In his annual letter to…
Jon C. Ogg Apartment vacancy rates reach a 10-year low, according to Reis. (Reuters) Tom Glocer, the departing head of Thomson Reuters (NYSE: TRI), makes $20 million. (Reuters) China’s premier, Wen Jiabao, says the monopoly…
