Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple (NASDAQ: AAPL) is likely to pass Exxon Mobil…
CIT Group Inc. (NYSE: CIT) is almost hard to fathom as a takeover stock, regardless of a report that SunTrust Robinson Humphrey thinks it would be a good takeover target for Wells…
It seems that most investors have started adding income or dividend reinvestment plans to their portfolios by using dividend stocks. With the yields of the 10-Year Treasury close to 2% and the…
The US Federal Reserve has issued proposed regulations that would put additional requirements on large US banks. The banks sure to be affected by the new rules include Goldman Sachs Group Inc.…
Shares of Bank of America Corp. (NYSE: BAC) posted a new 52-week low today at $5/share. BofA isn’t the only loser in the financial sector — JPMorgan Chase & Co. (NYSE: JPM),…
Jon Corzine of MF Global says he does not know where much of the firm’s funds went. (Reuters) Samsung wins the legal fight over whether it can sell its tablet PC in…
The attorneys general of Nevada and California have agreed to co-operate in an investigation of of mortgage fraud and lender misconduct and not to be part of the ongoing settlement talks between…
Bank of America (NYSE: BAC) CEO Brian Moynihan has no credibility left on Wall St. That makes his comments that the financial firm’s balance sheet has improved hard to believe. Skepticism will continue…
Banks were able to shine for years and years over credit unions. This new age of “too big to fail” after bailouts and then banks gouging customers for charges may be creating…
In a threat to a national settlement related to the foreclosure “robo-signing” investigation, the attorney general of Massachusetts has filed suit against Bank of America Corp. (NYSE: BAC), J.P. Morgan Chase &…
Standard & Poor’s is at it again… more downgrades and this time in the ailing banking sector. While we focused solely on the U.S.-based banks here, the downgrade was handed aimed at…
The new proposed stress tests are just one more thorn in the side for the banking sector, but analysts from Dick Bove to Meredith Whitney, as well as value and bargain investors and…
China’s factory activity reaches a 32-month low. (Reuters) Merck (NYSE: MRK) pays $950 million to settle Vioxx charges brought by the government. (Reuters) FCC head wants more examination of the AT&T (NYSE:…
Germany’s mixed bag. Two key economic figures out of Germany offset one another. GDP grew 0.5% in the third quarter. The number was up 2.6% from the same quarter last year. The advance…
Paulson & Co. Inc. is another hedge fund group that investors use for Whale Watching, although this last quarter was not exactly kind to Mr. Paulson’s billions… The current 13F report shows…
