ThinkstockOver the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group Inc. (NYSE:…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve said today that 4.2 million borrowers will begin receiving payments in the range of $300 to $125,000 beginning this week…
Jon OggInvestors and traders alike are usually on the lookout for new ideas that will generate profits. 24/7 Wall St. looks over research calls from Wall St. and beyond to find great…
The end of March brought on the last trading of the quarter, with the S&P Index hitting new all-time closing highs in what felt like a very choppy couple of weeks. While…
ThinkstockChinese for-profit education company Ambow Education Holding Ltd. (NYSE: AMBO) got some bad news earlier this week. A proposed buyout by private equity firm Barings Asia Private Equity Fund V L.P. was…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Thursday, March 28, 2013. They include Lululemon, Nike, Under Armour and United Technologies.
Morgan Stanley (NYSE: MS) has made several changes on its strategy team, with new outlooks in currency and index levels. The big change is in the S&P 500, although it was behind…
Jon C. Ogg ThinkstockWhen the commodity traders at Goldman Sachs Group Inc. (NYSE: GS) say that commodities may be oversold right now they exclude gold from the rest of the asset class. In the near…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage market…
ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the recession…
ThinkstockWhen well-known analysts make a major price call, investors and Wall St. usually listen. Outspoken bank analyst Richard Bove has done just that. The former Ladenburg Thalman and Rochdale securities analyst recently landed at…
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…
thinkstockU.S. regulators say that their investigation into the Boeing Co. (NYSE: BA) 787 Dreamliner is far from over. (Reuters) Apple Inc. (NASDAQ: AAPL) must decide whether it wants market share in China…
U.S. equity markets opened mixed this morning, with the Nasdaq Composite lower on a weak quarterly earnings report last night from Intel Corp. (NASDAQ: INTC). The big news for today came out…
ThinkstockMorgan Stanley (NYSE: MS) reported fourth-quarter and full-year 2012 results before markets opened this morning. The bank reported adjusted diluted quarterly earnings per share (EPS) of $0.28 on revenues of $7 billion.…
