Bank of America Corporation (NYSE: BAC) met earnings estimates this morning with its loss of -$0.90 EPS due to its multi-billion settlement announced at the end of June. The total loss is…
Screening for value in banks right now is probably a fools’ game. In fact, J.P Morgan Chase & Co. (NYSE: JPM) trades at close to 0.9-times book value and Citigroup Inc. (NYSE:…
Bank of America Corporation (NYSE: BAC) is back to being the worst of the worst of the Dow Jones Industrial Average components. Shares broke under $10.00 on Friday for the first time…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AEGON N.V. (NYSE: AEG) maintained “Buy” but removed from Conviction Buy…
Citigroup, Inc. (NYSE: C) has just started the earnings season for the banks “for the rest of America” today. Vikram Pandit just turned in earnings at $1.09 EPS (up from $0.90 a…
When J.P. Morgan Chase & Co. (NYSE: JPM) beat earnings and gave a solid report on capital ratios, loan loss reserves, credit metrics, and even on its top-line revenues. This seems to…
The balance between a potential downgrade of US debt and strong bank results left the market without conviction. That leaves open the issue of whether the American debt cap and the flood…
J.P. Morgan Chase & Co. (NYSE: JPM) is the first of the banks to report earnings and the results are ahead of estimates. America’s top bank reported $1.27 EPS on $27.4 billion…
Jon C. Ogg China’s GDP grew at a 9.5% rate last quarter and the country increased inflation forecasts (Reuters) Moody’s cut Ireland’s rating to junk (Reuters) EU leaders may let Greece default (Reuters) Netflix (NASDAQ:…
Each year, Capgemini publishes the U.S. Metro Wealth Index, which ranks the number of high-net-worth individuals living within the ten largest metropolitan statistical areas. According to the report, high-net-worth Individuals “are defined…
The coming week will be the unofficial start of earnings season, with the major flow of corporate earnings reports seeing the floodgates opening the following week. We have already identified the 15…
JP Morgan (NYSE: JPM) may become the largest lender in the U.S. soon (Reuters) Jobs numbers may show that the economy has finally turned the corner (Reuters) Fitch downgraded Minnesota from AAA…
This is the Twitter-24/7 Wall St. market report for July 7, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
24/7 Wall St. is probably not alone in noticing that there were very few earnings warnings issued by the major companies that dictate market trends going into the end of June. That…
Treasury officials examine ways to prevent default if an August 2 deadline to increase the debt cap is not met by Congress (Reuters) LaGarde will give a Chinese official a top job…
