Fed Makes Huge Profit
In a year in which many financial institutions gasped for air, the Federal Reserve transferred $47.3 billion to the Treasury – its “profit” in a sense. The Fed’s comprehensive income, the difference…
In a year in which many financial institutions gasped for air, the Federal Reserve transferred $47.3 billion to the Treasury – its “profit” in a sense. The Fed’s comprehensive income, the difference…
2010 may be the year of many things, but it is so far becoming the year of dividend hikes. The Procter & Gamble Company (NYSE: PG) has just joined the dividend hike…
Goldman Sachs Group (NYSE: GS), in the shadow of an SEC investigation, beat earnings estimates handily. It was not a surprise after Citgroup Inc. (NYSE:C), Bank of Americ (NYSE: BAC), and JPMorgan Chase (NYSE: JPM)…
Based on early pre-market trading, Bank of America Corporation’s (NYSE BAC) failed to impress, although the number beat Wall St. estimates. It may be that the results of JPMorgan Chase (NYSE:JPM) set the…
Just yesterday with so many stocks hitting new 52-week highs, we noticed that 10 of the 30 DJIA components had hit new 52-week highs. Two of those were Bank of America Corporation…
Twitter has, by most estimates, 75 million visitors a month, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have…
When investors see 52-week highs in the Dow Jones Industrial Average and in the S&P 500 and NASDAQ, the obvious statement is “of course there are many stocks hitting 52-week highs.” But…
JPMorgan Chase (NYSE:JPM) announced earnings that beat expectations and in the process said that its investment banking business was critical to its improved numbers. The big bank earned $3.3 billion and had EPS…
These are this morning’s top day trader and active trader alerts seen trading actively on news or in reaction to peers. We have more detail and analysis over at VSInvestor.com with a…
JPMorgan Chase & Co. (NYSE: JPM) said its earnings in the last quarter rose 57% to $3.3 billion. The earnings period ended in March. The number topped Wall St. estimates. They also showed…
Regulators in the US and Europe are still sifting through a variety of programs that would create a tariff on large banks to create a pool of money that could be used…
JPMorgan (JPM) and other big US banks have started a campaign against the Administration’s proposed program for them to cut the amount of the principles on the mortgages of millions of people. The…
Reuters: The Chinese president told Obama that the nation will make its own decision on the yuan. Reuters: Growth and cheap phones were key to Q1 industry growth. Reuters: Twitter will start…
This is the official kick-off of earnings season. Many stocks are at 52-week highs and we are coming off a stellar market performance over the last 13 months. There are 5 of…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…