Several CEOs and founders of well-known American companies have complete control over their companies. Through voting power, they control the boards and strategic decisions of these corporations. The best current example is…
Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will be in the news quite a bit now that the world’s most famous investor, chairman Warren Buffett, has been diagnosed with prostate cancer. We…
Warren Buffett is supposed to be invincible. Unfortunately the world is finding out that this is not the case. A disclosure letter came from Mr. Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A)…
Earnings season for the first quarter of 2012 is upon us and 24/7 Wall St. wanted to see how the tale of the tape is treating the companies reporting earnings. Our aim…
Markets opened lower this morning and by mid-morning equities were trading down about -1% across the board, where they have mostly remained for the rest of the day. Worries about Spain have…
Wells Fargo & Company (NYSE: WFC) is out with its first quarter earnings and the reaction looks a bit mixed on the surface. The bank reported earnings growth of 11% from the…
Jon C. Ogg Markets opened slightly higher this morning and about an hour before the markets close all three major indexes are more than 1% higher. The report on new unemployment claims was weaker than…
Friday morning will mark the start of earnings season as far as the financial sector and the money-center banking giants are concerned. While there was a strong rally in the first quarter…
Alcoa Inc. (NYSE: AA) kicks off the new earnings season after the markets close today, and according to S&P Capital IQ consensus estimates, it looks like earnings are going to be off…
This week will be the start of earnings season as we get to start reviewing some key earnings for first quarter of 2012. The banking sector is going to be of particular…
The first quarter earnings reports will start to dribble out this week and expectations have been tempered in recent trading days ahead of Alcoa Inc. (NYSE: AA) on Tuesday afternoon. The stock…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
Wells Fargo & Company (NYSE: WFC) has now launched its Abbot Downing financial services that aims to serve the ultra-high net worth sector of wealthy Americans. The move will instantly look similar…
After a record first quarter, investors will look more carefully at financial data and earnings. (Reuters) Wells Fargo (NYSE: WFC) to open a division to handle the ultra-rich. (Reuters) Strong Chinese PMI…
GS.COMGoldman Sachs (NYSE: GS) was attacked by an executive director who left today. The reason for his departure was that he thinks Goldman is a culture of devils who love money and take advantage of gullible…
