Bank Stocks Serious Value Dilemma: Now at Premiums to Book Value
ThinkstockThe recession turned the banks into whipping boys of Main Street, and finding many who feel sorry for the banks is no easy task. The issue that matters for your mutual funds…
ThinkstockThe recession turned the banks into whipping boys of Main Street, and finding many who feel sorry for the banks is no easy task. The issue that matters for your mutual funds…
ThinkstockSunday’s New York Times story on the shenanigans played by Goldman Sachs Group Inc. (NYSE: GS) at its aluminum warehouse in Detroit is nothing especially new. What is new is that the…
ThinkstockIn the first jury trial to be held in Oregon in a case of wrongful foreclosure, J.P. Morgan Chase & Co. (NYSE: JPM) did not fare well. The bank was scolded by…
thinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) are reportedly negotiating a settlement of $500 million with the Federal Energy Regulatory Commission (FERC). The FERC announced penalties of about $470 million against Barclays…
ThinkstockU.K.-based Barclays PLC (NYSE: BCS) is refusing to pay fines totaling $470 million levied against the bank by the U.S. Federal Energy Regulatory Commission (FERC) related to electricity trading by four former…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Tuesday, July 16, 2013. They include DaVita HealthCare, J.P. Morgan, Brinker International and Ford.
Wikimedia CommonsThe stock market rallied to new highs last week on the strength of Federal Reserve Chairman Ben Bernanke’s comments on the continuation of the easy money policies that are flooding the…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Monday, July 15, 2013. They include NetApp, J.P. Morgan, UPS and Bank of New York.
TwitterRegularly, marketers debate whether advertising on social media can be a hazard. Ads on Twitter and Facebook can be mocked by members. Despite the chance for exposure to what may be millions…
July 12, 2013: U.S. equity markets opened slightly higher this morning as European industrial production was below expectations and U.S. PPI was a bit higher than expected. The other major U.S. data…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) is now out with its second quarter company earnings report. The DJIA component is the first of the major banks to post earnings, with…
ThinkstockSeeing a U.S., Canadian or European bank file to raise cash in a debt offering is generally nothing unusual. But when a bank files for a debt offering this large, it stands…
courtesy of Leonid Mamchenkov, via WikimediaJust over a decade ago, Sony Ericsson was one of the hottest cell phone makers in the world. Similarly, Cingular was one of the most popular wireless…
July 2, 2013: U.S. equity markets opened a bit lower this morning following yet another ultimatum to Greece to prove that it can pay up or else no more loans. There was…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, July 2, 2013. They include Cheniere Energy, Groupon, Linn Energy and Seagate Technology.