U.S. equity markets opened slightly lower this morning as data from Europe and Asia combined with a larger than expected U.S. trade deficit to pour cool, if not cold, water on the…
ThinkstockWells Fargo & Co. (NYSE: WFC) reported fourth-quarter 2012 and full-year results this morning. The bank reported quarterly diluted earnings per share (EPS) that totaled $0.91 on revenue of $21.9 billion. In…
Paul Ausick U.S. equity markets opened higher this morning even though the number of new U.S. claims for unemployment benefits rose more than expected before markets opened (more coverage here). The news was more…
ThinkstockWells Fargo & Company (NYSE: WFC) is set to report earnings early on Friday morning. We voted this bank as the safest of the money-center banks before and that still stands. This…
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…
Frank Golhen, via Wikimedia CommonsThis week kicks off yet another earnings season, this time for the fourth quarter of 2012. The best thing that will come from earnings is that expectations for…
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…
thinkstockLast night’s passage of a deal on the fiscal cliff in the U.S. House of Representatives has lit a fire under stock futures this morning. The DJIA is up more than 160…
Thinkstock SeaWorld Entertainment Inc., which is wholly owned by The Blackstone Group L.P. (NYSE: BX), has filed for an initial public offering to raise $100 million. The number of shares on offer…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. BB&T Corp. (NYSE: BBT) cut to Equal Weight at Morgan Stanley. Central…
Like all bubbles that have burst, the housing crisis left an extremely scarred landscape. What used to be a fairly routine mortgage process for a qualified home buyer has turned into a…
Are big mergers really worth it? After this week’s merger implosion news by Hewlett-Packard Co. (NYSE: HPQ), 24/7 Wall St. wanted to review and analyze many of the really bad mergers of…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. AK Steel Corp. (NYSE: AKS) raised to Neutral at Goldman Sachs. Applied…
flickr / eschipulThere is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief executive compensation.…
Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter…
