Yahoo! (NASDAQ: YHOO) founder and former CEO Jerry Yang leaves the company’s board. (Reuters) The World Bank sharply cuts global growth forecasts. (Reuters) Greece and private creditors race to settle on a…
The markets opened higher this morning and all three major indexes have managed to hold onto most of their gains of the early morning. The S&P 500 index topped 1,300 for the…
Citigroup Inc. (NYSE: C) and Wells Fargo & Co. (NYSE: WFC) earnings are a bit different this morning. Today looks like a prime example of “the good bank versus the bad bank.”…
This shortened week is the first week full of many major companies reporting earnings season. We will have a clear direction for the financial leaders and many of the technology leaders after…
J.P. Morgan Chase & Co. (NYSE: JPM) is a bit of a disappointment on the surface as revenues came in under plan. Jamie Dimon and friends reported earnings of $3.7 billion, or…
J.P. Morgan Chase & Co. (NYSE: JPM) is about to report earnings Friday morning as the first bank and second DJIA component kicking off earnings season. We wanted to make a preview…
Has J.P. Morgan Chase & Co. (NYSE: JPM) managed to help further turn banks around in 2012? The sector which had no friends in 2011 is now actually the top bill in…
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…
