courtesy of NetflixWall St. analysts chase price targets on the way up with higher and higher price targets. On the way down, they also keep lowering and lowering their price targets for…
Last night we saw the news that Wells Fargo & Co. (NYSE: WFC) hiked its dividend to show that it has the top position of core banking strength in America. We expect…
ThinkstockWells Fargo & Co. (NYSE: WFC) has delivered on what we expect to be the first of the likely big bank dividend hikes in 2013. We would look for J.P. Morgan Chase…
ThinkstockThe banking sector has by and large traded at a discount to its stated book value for quite some time. Many banks are still trading under their tangible book value, meaning that…
ThinkstockWe recently did a story on stocks that perform well in a rising interest rate environment, a scenario that appears set up to be in play down the road. For the time…
U.S. equity markets opened mixed this morning with the Nasdaq Composite slightly higher, while the DJIA and the S&P 500 were lower. Earnings from several U.S. financial institutions were due today and…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) is seeing shares play a little give-back this morning after the largest bank by deposits has reported it fourth-quarter earnings as $5.3 billion. That…
Jon C. Ogg courtesy of DellOK, so the buyout of Dell Inc. (NASDAQ: DELL) may not be as much hype as the market was originally thinking. Buying a company for more than $20 billion is no…
U.S. equity markets opened lower this morning following an announcement from Germany that its economy had contracted by 0.5% in the fourth quarter (more coverage here). U.S. data was released on producer…
ThinkstockWith banks having been the best DJIA sector in 2012, the outlook versus the valuation has started to play a game of catch-up as we are getting deeper into earnings season this…
ThinkstockWhere was the board of J.P. Morgan Chase & Co. (NYSE: JPM) when risk management might have stopped the “London Whale” problem and other investment decisions the bank probably should not have…
Douglas A. McIntyre thinkstockThe Japanese government says the future image of the Boeing Co. (NYSE: BA) 787 is at risk as the U.S. government probes problems with the plane. (Reuters) Dell Inc. (NASDAQ: DELL) may…
Wikimedia CommonsFor all the problems that the “London Whale” incident cost J.P. Morgan Chase & Co. (NYSE: JPM) and the markets in general, the sanctions handed down by the Federal Reserve and…
Douglas A. McIntyre ThinkstockJ.P. Morgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon’s problems with a trade in the bank’s London office that cause a $6 billion loss may be about to get worse. His…
Douglas A. McIntyre courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
