Jon OggEarnings season is almost upon us for the first quarter of 2012. There is some growing caution over company expectations on the heels of a massive rally where the DJIA rose…
many investors objected to the 2011 pay package of JP Morgan (NYSE: JPM) CEO Jamie Dimon. He made $23 million, which was more than any other bank chief executive. Dimon also was…
Douglas A. McIntyre After legal issues slowed their progress last year, foreclosures are about to increase. (Reuters) Time Warner Cable (NYSE: TWC) may end its deal with Current TV because of low ratings. (Reuters) The…
If you can count on one banking CEO to be outspoken, chances are high that it is Jamie Dimon of J.P. Morgan Chase & Co. (NYSE: JPM). In his annual letter to…
Jon C. Ogg Apartment vacancy rates reach a 10-year low, according to Reis. (Reuters) Tom Glocer, the departing head of Thomson Reuters (NYSE: TRI), makes $20 million. (Reuters) China’s premier, Wen Jiabao, says the monopoly…
Wells Fargo & Company (NYSE: WFC) has now launched its Abbot Downing financial services that aims to serve the ultra-high net worth sector of wealthy Americans. The move will instantly look similar…
The new Apple (NASDAQ: AAPL) iPad may give off much more heat that its predecessors. (Reuters) JP Morgan (NYSE: JPM) will buy 19.9% of Chinese company Bridge Trust. (Reuters) Strong sales of…
The DJIA, NASDAQ, and S&P 500 each ended higher by 2% for the week. At the end of today, the DJIA slipped .15% to 13,233. The NASDAQ fell .04% to 3,055. The…
Jon Ogg2012 has been a great year for stocks. We have recently seen the NASDAQ return to 3,000 for the first time in a decade. The S&P 500 Index has also now…
RealtyTrac says foreclosure notices rose last month. (Reuters) The U.S. and UK discuss releasing strategic oil reserves to bring down fuel prices. (Reuters) Volcker says new inflation would be harmful to the…
GS.COMGoldman Sachs (NYSE: GS) was attacked by an executive director who left today. The reason for his departure was that he thinks Goldman is a culture of devils who love money and take advantage of gullible…
J.P. Morgan Chase & Co. (NYSE: JPM) was truly a shoe-in as far as whether or not the bank was going to pass the latest stress tests or not. CEO Jamie Dimon…
J.P. Morgan Chase & Co. (NYSE: JPM) has raised its dividend as we expected. Good news on the surface, but a true disappointment in reality. The bank has declared a quarterly dividend…
The next wave of stress tests on the U.S banks is due to come out by the end of this week. The Federal Reserve is expected to show that bank balance sheets…
Short sellers reduced their positions in major financial firms and their positions in major tech stocks were divided, based on data from the NYSE and Nasdaq for the period that ended February…
