There seems to be a growing consensus on Wall Street that more and more names that once dominated the growth arena, but have been mired in sideways price moves for years, are…
Amazingly, J.P. Morgan Chase, the bank with the so-called fortress balance sheet, still managed to outperform the broader market in 2013. Now it is time for 24/7 Wall St. to evaluate the…
Jon C. Ogg These are this the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Wednesday, January 8.
thinkstockJanuary 7, 2014: Markets opened higher on Tuesday led by healthcare and tech stocks. The S&P 500 closed with a gain for the first time this year. The DJIA closed up 0.64%,…
Several small but well-known companies have dumped the management structure that requires them to have a CEO. Could these actions, if effective, undermine the decades-long belief that business organizations have to be…
The U.S. equity strategy team at UBS has a positive view on stocks heading into 2014, particularly technology, financials and industrials. Here are the names they feel have the absolute greatest chance…
Huge trading losses, mortgage litigation from the meltdown in 2008 and increased regulation in the form of the new Volcker Rule regulations have all kept enthusiasm on the financial sector muted. The…
ThinkstockIn our previous looks at big bank stocks going into the new year, the two that appear to be best positioned for growth were Citigroup Inc. (NYSE: C) and JPMorgan Chase &…
While the Volcker Rule did not hit banks as hard as many expected, that is not to say that the big banks are off the hook in 2014. Sterne Agee has lowered…
thinkstockDecember 18, 2013: Markets opened slightly higher on Wednesday, but didn’t move much until the afternoon FOMC announcement came out. Tapering has begun, and interest rates will remain at their near-zero level.…
ThinkstockThe American Customer Satisfaction Index has released its ranking of the nation’s top four banks, which include J.P. Morgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE:…
ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) has announced that hundreds of thousands of prepaid debit card users in America may have had their data breached. The bank reported that personal information…
Jon C. Ogg thinkstockMarkets opened lower Thursday morning and all three major indexes finished the trading day lower as well. The Nasdaq Composite fell just 0.12% at the closing bell, while the DJIA and the…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…
ThinkstockAs we head in to the final month of what has been a tremendous year for the stock market, the 24/7 staff is reviewing what the major Wall Street firms are recommending…
