Ratings firm Moody’s did not think much of the decision by the Citigroup Inc. (NYSE: C) board to push out CEO Vikram Pandit. Moody’s changed its outlook of Citi’s Baa2 rating from stable…
Economists and researchers believe data for the fourth quarter demonstrate that the fiscal cliff could hammer growth between now and year’s end. If so, the stock market may take a steep tumble as it…
The three major U.S. stock indexes opened flat this morning, and after a brief stay in positive territory, shares went negative and remained no better than flat for most of the day.…
J.P. Morgan Chase & Co. (NYSE: JPM) reported fiscal third-quarter results before markets opened this morning. The banking and finance giant posted record diluted earnings per share (EPS) of $1.40 on revenues…
Paul Ausick Bank of America Corporation (NYSE: BAC) may have given the all-clear sign for the money-center banks ahead of earnings season. This may sound a bit conspiratorial, but investors often look for indications…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday. ARM Holdings PLC (NASDAQ: ARMH) started as Neutral at Credit Suisse. Corporate…
The big banks are going to be rather important to watch this earnings season for the third quarter of 2012 as shares have risen handily from their lows. While banks almost never…
Once again, Coca-Cola was ranked the most valuable brand in the world, according to Interbrand, one of the nation’s top global brands experts. Apple, to the surprise of none, was very close…
We have already seen waves of tempered guidance from many of America’s largest companies. Other companies have not said a word about their outlooks. What matters is that this coming week marks…
Updated throughout the day on the 24/7 Wall St. Wire: Greek financial firms National Bank and Eurobank Ergasias are in merger talks. (Reuters) China telecom equipment firm Huawei Technologies may stage an…
Douglas A. McIntyre Photo by Spencer Platt/Getty ImagesThe stock market is up slightly Wednesday, with the Dow Jones Industrial Average up 0.07%, the Nasdaq up 0.24% and the S&P 500 up 0.13%. Today’s winners include…
Infamous bank analyst Dick Bove believes that banks are treated so badly by the State of New York that they should abandon the location and move to alternate places. After the New York Attorney…
Trey Thoelcke Banks Should Abandon New York? Infamous bank analyst Dick Bove believes that banks are treated so badly by the State of New York that they should abandon the location and move to alternate places.…
Calling U.S. banks a leveraged play on interest rates supported by declining spreads on investment grade debt, Credit Suisse Group (NYSE: CS) today upgraded its view of U.S. banks. The bank’s analysts…
J.P. Morgan Chase & Co. (NYSE: JPM) must regret the purchase of Bear Stearns, no matter how favorable the terms may have been. The State of New York filed suit against the…
Douglas A. McIntyre 
