Short Sellers Make Big Changes in Largest Bank Stocks
ThinkstockShort sellers made big changes in their bets against the major money center banks and brokers. Only one was too small of a change to notice, but short sellers increased their bets…
ThinkstockShort sellers made big changes in their bets against the major money center banks and brokers. Only one was too small of a change to notice, but short sellers increased their bets…
White House Photo by Pete SouzaWarren Buffett has released the highly anticipated Annual Report for Berkshire Hathaway Inc. (NYSE: BRK-A), which also contains the highly visible Annual Letter to Shareholders. Buffett is…
J.P. Morgan already has announced it will cut well over 10,000 jobs. If the bank's mortgage business continues to worsen and it closes more branches, the layoffs could reach close to 20,000.
White House Photo by Pete SouzaAs many consider Warren Buffett to be the greatest investor of modern times, investors want to know any time there are big changes in the Berkshire Hathaway…
In a new report from Robert Baird, most of those top financial stocks are now fully valued. The analysts only have five stocks to buy that meet their criteria for outperformance in…
Warren Buffett is often regarded as the greatest investor of modern times. Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) has become one of the largest conglomerates and holding companies in the world. Its…
For the second year in a row, Wells Fargo comes in number one as the most valuable banking brand, according to one of the world's leading valuation consultancy firms. American banks claim…
The old saying is that financial stocks are indicators of broad market strength or weakness, so that makes it imperative to watch what short sellers are doing. 24/7 Wall St. has tracked…
After a strong 2013 where the S&P 500 was up almost 30%, you would think that most stocks would be close to being fully priced. That's not what Thomas Lee, the chief…
Wells Fargo is out with its fourth-quarter report, and it appears on the surface to be above estimates for per-share earnings. But revenues dropped year over year.
At a time when federal lawmakers are debating issues like unemployment benefits, food stamps and the minimum wage, as well as considering an overhaul of the tax code, there are now more…
A new Merrill Lynch report offers 10 reasons that banks can keep outperforming the broad market in 2014. The firm went as far as to say that it sees its top picks…
Between the federal tax rate and state corporate tax rates, some corporations pay billions of dollars every year in taxes. 24/7 Wall St. examined the 10 U.S.-based, publicly traded companies with tax…
ThinkstockThe American Customer Satisfaction Index has released its ranking of the nation’s top four banks, which include J.P. Morgan Chase & Co. (NYSE: JPM), Citigroup Inc. (NYSE: C), Wells Fargo & Co. (NYSE:…
Public domain via Wikimedia CommonsWith an expected vote due next Monday on the so-called Volcker rule, one question on big bank stocks is whether the impact of that rule has been fully…