ThinkstockThe Federal Reserve is finally out with its results of the bank stress tests. This is not the formal decision that will allow all the banks to increase their dividends and share…
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…
ThinkstockInterest rates have been kept at historically low levels by the Federal Reserve since the Great Recession began in 2008. The intent behind this was to spur loan activity and borrowing to…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall S. research calls. We have calls in banks, solar, tech, biotech and more. Arch Coal Inc.…
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…
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government…
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…
ThinkstockThe Office of the Comptroller of the Currency and the Federal Reserve announced this morning that the agencies have reached an agreement with 10 banks to settle enforcement actions related to “deficient…
The three major U.S. stock indexes opened higher this morning following a report that economic sentiment in Germany came in better than expected (more coverage here) and that U.K. inflation was lower…
PNC Financial Services Group Inc. (NYSE: PNC) is taking another breather after its earnings report today. The bank is rather important because it was one of our own picks which made up…
The three major U.S. stock indexes opened higher this morning, aided by a better-than-expected report on U.S. retail sales and a smaller-than-expected rise in the Empire State manufacturing survey (more coverage here).…
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…
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Activision Blizzard Inc. (NASDAQ: ATVI) named value stock of the day at Zacks.…
Security experts say the recent “denial of service” cyberattacks on big U.S. banks were the largest ever recorded by a wide margin. Since Sept. 19, the banking websites of Bank of America…
Bank of America Corp. (NYSE: BAC) is issuing coverage updates on the U.S. regional banking sector, with price target upgrades as it is “mining the melt-up” seen in the rise in bank…
