You might not exactly be seeing a total “sell the news” reaction to Germany’s constitutional court rejection of a challenge to block a permanent eurozone rescue fund. This is great news for Angela Merkel…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Advanced Micro Devices Inc. (NYSE: AMD) raised to Neutral from Sell at…
Discover Financial Services (NYSE: DFS) has managed to avoid getting crushed and its share price is actually much higher than it was before the recession. Shares are very close to an all-time…
Moody’s is panning the U.S. banking sector yet again. In an updated credit profile on Tuesday, Moody’s said, “The outlook for the US banking system remains negative, with ongoing challenges in the operating…
Research firm SNL Financial has released its list of the top 50 U.S. banks at the end of the second quarter of 2012. The eleven largest banks are JPMorgan Chase & Co.…
More American companies are among the 20 largest in the world than at any time in the past decade. This is because earnings at U.S. companies have risen faster than the rest…
The short interest in bank stocks looks to be one where investors and speculators are easing up on their attacks of the quality banks if you review the short interest changes from…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings showing that there have been some significant changes in the positions of the Berkshire…
Wells Fargo & Co. (NYSE: WFC) may have taken the title for the safest of the big money center banks away from J.P. Morgan Chase & Co. (NYSE: JPM), but the bank…
If you think that the higher regulation of banks and financial institutions is immaterial, it is not. Even if the banks need far more regulation than what they had been accustomed to,…
Wells Fargo & Company (NYSE: WFC) is the bank that we said has replaced J.P. Morgan Chase & Co. (NYSE: JPM) as the safest of the money-center banks in America now. Wells…
So far, Citigroup, Inc. (NYSE: C) is getting a favorable reaction to its second-quarter earnings report. The international banking giant’s earnings came in ahead of Wall St. consensus targets from Thomson Reuters,…
The three major US stock indexes opened higher this morning following the release of Chinese GDP and other data. The Middle Kingdom’s GDP grew at a rate of 7.6% in the second…
Wells Fargo & Co. (NYSE: WFC) has managed to beat earnings but it is obviously going to be in second place after J.P. Morgan Chase & Co. (NYSE: JPM). The bank still…
Moody’s cuts Italy’s rating by two notches and indicates the cuts may not be finished. (Reuters) Treasury Secretary Geithner pressed UK regulators on Libor in 2008. (Reuters) A hack of Yahoo!’s (NASDAQ:…
