The three major US stock indexes opened lower this morning following yesterday’s release of the minutes of the June FOMC meeting which did not raise hopes for another round of Fed easing.…
This Friday is going to mark a key earnings day when we get earnings from J.P. Morgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC). These two earnings…
Coldwater Creek Inc. (NASDAQ: CWTR) is nothing short of a highly unusual winner today. The news is that the women’s apparel retailer announced the closing of a five-year, $65 million senior secured…
Jon C. Ogg Forget about your Fourth of July time off! Earnings season is starting this week and it is the tough summer trends that investors have to worry about. While many businesses have held…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Monday. AK Steel Holdings Corporation (NYSE: AKS) named Bear of the Day at…
The European Central Bank probably will cut rates due to weaknesses in EU economies. (Reuters) Some states push mediation as a way to keep people in their homes. (Reuters) US Airways (NYSE:…
J.P. Morgan Chase & Co. (NYSE: JPM) is weak this morning on word that the bank’s trading losses will be much wider than originally reported. The market knew that the loss would…
Moody’s recent downgrade of 15 of the world’s largest banks, along with JP Morgan Chase & Co.’s (NYSE: JPM) multibillion trading loss, make it clear that certain big banks are just not…
Tesla Motors Inc. (NASDAQ: TSLA) is kicking off sales of its new Model S sedan this month, and the company wants to make it easier for buyers to drive one off the…
Flickr, Images of MoneyAs part of the $26 billion mortgage foreclosure settlement reached between the federal and state governments with a number of mortgage lenders, borrowers who believe that their homes were…
Each year, 24/7 Wall St. identifies 10 important American brands that we predict will disappear within a year. This year’s list reflects the brutally competitive nature of certain industries and the reason…
Shares of Bank of American Corp. (NYSE: BAC) are up about 5% today on two bits of news. First there’s the story that the bank is negotiating a sale of its wealth…
J.P. Morgan Chase & Co. (NYSE: JPM) is leading the markets higher this morning ahead of the Jamie Dimon testimony. The problem is that Bank of America Corporation (NYSE: BAC) is trumping…
Once people reach their 50s they finally see retirement on the horizon. They start envisioning that time when they can stop going to work and instead spend their days on the golf…
Two things happened today in the Jamie Dimon hearing in front of Congress over the $2 billion loss (or is it $4 billion yet) for J.P. Morgan Chase & Co. (NYSE: JPM). …
