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…
ThinkstockThe housing market is clearly improving. According to the National Association of Realtors, existing home sales have risen and distressed mortgages account for a smaller part of those sales. Close to a…
ThinkstockThe financial sector took a beating during the mortgage and housing market meltdown that threw the nation into recession in 2008. After five years of bailouts and rebuilding, the banking sector has…
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…
ThinkstockDick Bove is now with Rafferty Capital, and he was on CNBC this morning with yet another very positive call in the banking sector. His view is ahead of the stress test…
ThinkstockWe are now within ten days of the release of the Federal Reserve’s new round of stress tests on how the nation’s largest banks will do if (or when) the economy goes…
ThinkstockIn the coming weeks, the financial sector may move from worrying about the spending sequestration to the coming stress tests of the 19 major banks in the United States. We recently covered…
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 Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apache Corp. (NYSE: APA) cut to Neutral at Macquarie. Bank of America Corp.…
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 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…
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…
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…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. Check Point Software Technologies Ltd. (NASDAQ: CHKP) started as Market Perform at…
The three major U.S. stock indexes opened mixed this morning with the S&P 500 and the DJIA slightly lower and the Nasdaq slightly higher. In Asia Japan’s trade deficit was wider than…
