US index futures are higher this morning as European and Asian markets have all responded favorably to recent earnings announcements for US companies like Bank of America Corp. (NYSE: BAC), Morgan Stanley…
The SPDR Gold Trust (NYSE: GLD) and the iShares Silver Trust (NYSE: SLV) are not falling on this news due to ‘risk-on trading’ this morning, but the two metals were part of a…
We have already seen the first wave of bank earnings, but the rest of the week is full of bank and financial earnings. In fact, the real bank earnings season is all…
China’s economy expands at a better-than-expected 8.9% in Q4 and area markets soared. (Reuters) Walmart (NYSE: WMT) appoints a former CBS (NYSE: CBS) digital executive as head of its digital operations. (Reuters) Disapproval…
Fifteen months ago, the price of a gallon of regular gas was well below $3 a gallon, according to AAA data. It came close to the $4 level six months ago, but…
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview…
If there is a banking and financial boutique that investors pay attention to, it is Keefe Bruyette & Woods. The firm is out with a note trimming fourth quarter bank earnings, handily cutting estimates in…
Swiss crude oil refiner Petroplus has temporarily halted operations at three of its five European refineries after the company’s banks refused to extend the $1 billion credit facility Petroplus uses to buy…
A letter regarding former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd’s behavior which caused his dismissal was ordered to be released by a Delaware court (Reuters) The US sold Saudi Arabia 84 F-15 fighters…
Alibaba hires a Washington lobbying firm in case it decides to bid for all of Yahoo! (NASDAQ: YHOO). (Reuters) Italian yields may fall because of European Central Bank injections of long-term funds…
The US Federal Reserve has issued proposed regulations that would put additional requirements on large US banks. The banks sure to be affected by the new rules include Goldman Sachs Group Inc.…
Shares of Bank of America Corp. (NYSE: BAC) posted a new 52-week low today at $5/share. BofA isn’t the only loser in the financial sector — JPMorgan Chase & Co. (NYSE: JPM),…
International Monetary Fund chief Christine Lagarde said that if the eurozone crisis in not solved, the global economy could be damaged nearly beyond belief. She reasons that the sovereign debt crisis cannot be contained.…
Zynga posts at the high end of its IPO range and will raise $1 billion. (Reuters) Congress reaches a tentative deal to keep the government open. (Reuters) Bill Gross’s PIMCO Total Return Fund…
A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters) Accounting problems at Olympus may make it a takeover target. (Reuters) Italian bond yields hit…
