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…
White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett may have surprised the markets with the $28 billion purchase of H.J. Heinz Company (NYSE: HNZ), but there…
ThinkstockOnce again investors are faced with the fact that the politicians in Washington D.C. cannot get anything done. With the president’s State of the Union address tonight, the focus turns again to…
ThinkstockIn the strong rally in the stock market since the beginning of the year, financials and transports have provided exactly the kind of leadership that many equity strategists look for and that…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amgen Inc. (NASDAQ: AMGN) cut to Market Perform at William Blair. AOL Inc.…
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.…
Jon OggThese are this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Amazon.com Inc. (NASDAQ: AMZN) cut to Outperform at CLSA and maintained Outperform and target raised…
ThinkstockThe banking sector has by and large traded at a discount to its stated book value for quite some time. Many banks are still trading under their tangible book value, meaning that…
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…
U.S. equity markets opened lower this morning following an announcement from Germany that its economy had contracted by 0.5% in the fourth quarter (more coverage here). U.S. data was released on producer…
ThinkstockWith banks having been the best DJIA sector in 2012, the outlook versus the valuation has started to play a game of catch-up as we are getting deeper into earnings season this…
We have reported at great length recently on the lists put out by Wall Street firms that highlight their best of the best picks. Whether it is the “Conviction Buy List,” a “Focus…
ThinkstockCredit Suisse (NYSE: CS) downgraded its rating on Bank of America Corp. (NYSE: BAC) due to valuation after such a monumental rise. After all, the bank was the top-performing DJIA stock of…
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 from Wall St. research firms this Friday. Bank of New York Mellon Corp. (NYSE: BK) cut to Neutral at…
