There is a rumor circulated on Wall St. that JP Morgan (NYSE: JPM) will take over Bank of America (NYSE: BAC) within the week. The government will support the deal with a…
Billionaire and hedge fund manager John Paulson of Paulson & Co. and of Paulson Management is a widely followed equity hedge fund manager for whale watchers. He has made billions of dollars,…
Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million.…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of ARM Holdings (NASDAQ: ARMH), General Electric Company (NYSE: GE), JP Morgan Chase…
The market has brutalized many great companies and we are seeing the mayhem reach a cycle-peak in the VIX if the history of the market holds up after hitting 48.0 yesterday during…
2.25 PM Comments from the Fed killed the rally, and the DJIA dropped into negative territory. The central bank will keep interest rates low through mid-2013, but it did not indicate any…
Bank of America Corporation (NYSE: BAC) has rapidly turned into a runaway train. The latest suit from American International Group, Inc. (NYSE: AIG) for $10 billion for its massive mortgage fraud is…
This is the Twitter-24/7 Wall St. market report for July 28, 2011. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in…
Congress and the White House have made little progress on the debt talks (Reuters) The U.S. has come perilously close to a cut of its debt to Aa (Reuters) Moody’s warned that…
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…
