ThinkstockA deal between Democrats and Republicans has supposedly been reached in Washington, D.C., to end the government shutdown and to end the debt ceiling expiration. While many people expect that this will…
Wikimedia CommonsThe general investing public will spend much of its energy waiting for earnings from famous companies such as Facebook Inc. (NASDAQ: FB) and J.C. Penney Co. Inc. (NYSE: JCP). These are…
ThinkstockWells Fargo & Co. (NYSE: WFC) reported third-quarter results before markets opened Friday morning. The bank posted diluted earnings per share (EPS) that totaled $0.99 on revenue of $20.5 billion. In the…
Paul Ausick White House Photo by Pete SouzaBerkshire Hathaway Inc. (NYSE: BRK-A) and Warren Buffett generally hold close to 40 different stock positions in the Berkshire Hathaway portfolio of U.S.-listed shares. Anyone who has…
Jon OggStocks have traded down from recent highs in light of a federal government shutdown and ahead of a debt ceiling expiration. Now investors and traders have to wonder which stocks to…
ThinkstockWe already have warned that investors and traders alike are now unlikely to see five key economic reports this week due to the government shutdown. Industry economic reports still will be released.…
The stock and bond markets in the United States and internationally had to trade through a very unusual first Friday or the month because there was no Labor Department report on Unemployment…
ThinkstockAfter the market implosion of 2007 and 2008, the major U.S. banks were all reeling from the same disease. The housing bust and the slew of horrible mortgage backed securities deals that…
ThinkstockMaybe it just feels like it (or looks like it), but the upcoming layoff of 4,500 people at BlackBerry Ltd. (NASDAQ: BBRY) had some company this past week. A number of other…
Jon OggStocks have been in rally mode for going on three weeks, and investors should be considering which stocks to buy and which stocks to sell or avoid. Each morning, 24/7 Wall…
J.P. Morgan Chase & Co. (NYSE: JPM) still has ambitions of increasing its dividend. The bank also wants to increase its share buybacks. This is an important step because Jamie Dimon and…
ThinkstockWith all of the concern about the cost of college followed with massive student debt, one has to wonder why anyone would still want to be in the student loan business. The…
ThinkstockWhen the Mortgage Bankers Association (MBA) issued its weekly purchase applications report on Wednesday, the group noted without comment that interest rates for a conforming mortgage (less than $417,000) were 4.73%. Interest…
Paul Ausick ThinkstockThe sharp rise in mortgage interest rates over the past six months are going to do some serious damage to the nation’s largest mortgage lenders. Just last week, Wells Fargo & Co.…
ThinkstockThe big banks have gone to considerable lengths to mend the weaknesses that they were in before, during and after the recession. The public perception of the big banks is not very…
