NEW YORK, April 17- The Federal Reserve logged $84 billion in net profit last year on its massive portfolio of assets, and average income will probably remain higher than before the financial crisis for another decade to come, according to an annual report.» Read More
Nov 7 (Reuters)- James River Coal Co idled four more mines in Central Appalachia and temporarily laid off about 200 employees as the company looks to shore up its precarious cash position amid weak coal prices. "The balance sheet continues to be the critical issue to watch for James River Coal," Simmons& Co analyst Bill Herbert said in a note.
BOSTON, Nov 4- The Federal Reserve can afford to be patient in deciding when to begin scaling back its bond purchases because there will be little difference to the size of the Fed's balance sheet whether the U.S. central bank starts to taper in December or waits until April, a top Fed official said on Monday.
ST. LOUIS/ NEW YORK, Nov 1-. Investors are trying to predict when the Fed will decide the U.S. economy and labor market are strong enough to withstand a reduction in the pace of quantitative easing, in which $85 billion in assets are snapped up by the central bank each month to spur growth.
LONDON, Nov 1- Royal Bank of Scotland is to create an internal "bad bank" to fence off its riskiest assets, part of a raft of measures designed to heal its relationship with the British government and speed up its eventual privatisation.
MILAN, Oct 25- Telecom Italia is considering a capital increase and the scrapping of its dividend amongst the options for overhauling its heavily indebted balance sheet, two sources close to the matter said on Friday.
Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.
The stock market is bolstered by the strength of corporate balance sheets, said Cantor Fitzgerald CEO Shawn Matthews Tuesday on "Squawk on the Street."
Kraft Foods Group said fourth-quarter revenue likely declined about 11 percent from a year earlier due to reductions in trade inventories, but raised its forecast for 2013.
Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.
Ashok Shah, CIO at London and Capital, tells CNBC that banks have been given a ¿free lunch¿ borrowing at very low cost in order to boost their profitability.
The U.S. economy is on the mend and has been getting better, but JPMorgan CEO Jamie Dimon said chief executives he has spoken to have told him they are already making decisions to protect their companies from a looming "fiscal cliff."
Thanks to the Federal Reserve, Jamie Dimon and the Obama administration, the U.S. economy is “bleeding”, John McCain, the Republican Senator from Arizona and former presidential candidate, told CNBC.
Philipp Hildebrand, BlackRock's newly appointed vice chairman, discusses his new role at BlackRock and how he intends to help clients deal with the difficult investing environment. He also weighs in on Europe's current fiscal fragmentation and why it's important to get a clear read on the banks' balance sheets, with CNBC's Steve Liesman.
The "Squawk Box" news team and Sallie Krawcheck, Motif Investing, provide perspective on damaged balance sheets at Europe's big banks and the impact on governments.
Does a strong cash position make for a buying opportunity? A check on Internet company, Verisign's balance sheet, with Edward Maguire, CLSA senior analyst, and Joel Fishbein, Lazard Capital Markets senior analyst.
Sheila Bair, former FDIC chair, says stress tests are good, but they cannot substitute capital rules. She also explains why money market funds remain at risk and require more oversight, with CNBC's Maria Bartiromo.
In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions, the New York Times reports.
When you look at corporate earnings, things appear to be getting better, 70 of reported S&P 500 firms have beaten estimates. But does this mean that corporate America's balance sheets are out of the woods? Peter Kaufman, Gordian Group president, weighs in.
Looking for a euro-dollar trading strategy among the torrent of European news reports? Here's an idea.
"Businesses' balance sheets are fortresses of cash. The volatility is almost in front of them, because they are seeing what is happening in the market place, and I think they are preparing ahead of time," Dana Telsey, CEO at Telsey Advisory Group, told CNBC.