Settlements for the JPMorgan Chase and Madoff case could possibly involve roughly $2 billion in penalties and a rare criminal action. The NYT reports.» Read More
NEW YORK, Dec 11- As the holidays approach, many parents are grappling with the ultimate gift conundrum- it better to give cash, gift cards or more personal gifts to teachers?
Spending on gift cards is expected to reach a record high this year, as shoppers search for practical gifts.
Nov 14- Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.
Stay away from consumer-focused companies, Ron Sloan of Invesco says.
Some of these seats provide a view you've never seen before. Others enable you to see and be seen with movers and shakers of Wall Street, Hollywood and sports.
Nov 7- Wells Fargo& Co, is looking to entice more wealthy customers to use its credit cards as part of a strategy to become a more dominant player in that business, a top executive said on Thursday. Wells Fargo aims to grow market share over the next 18 months through a recently announced partnership with American Express Co, he added.
The company has been laying the groundwork to build new revenue streams. Here's how it will work.
Oct 31- Norman Pearlstine is leaving Bloomberg LP to return to Time Inc in the newly created position of executive vice president and chief content officer as the magazine publisher moves to split with Time Warner Inc.. The return of Pearlstine to Time Inc is a homecoming for the man who was the company's editor-in-chief from 1994 through 2005..
Jeff Kilburg, KKM Financial, and Jim Iuorio, TJM Institutional Services, trade hot stocks in the Dow including Boeing, Nike, and American Express.
The Feds are preparing to take action in a criminal investigation of JPMorgan, suspecting the bank turned a blind eye to Bernie Madoff's Ponzi scheme. The NYT reports.
A new Colloquy study has found heirs may have trouble claiming inherited reward miles or points. Do you need a mileage estate plan?
NEW YORK, Oct 21- Members of Bernard Madoff's inner circle indulged in expensive wine, cruises and jaunts to Las Vegas and St.
More monetary easing in Japan will present opportunity, Joe Terranova of Virtus Investment Partners says.
Oct 17- Capital One Financial Corp posted a quarterly profit that beat Wall Street estimates after setting aside less money to cover credit card defaults, sending its shares up 2 percent after the bell.
The U.S. stock market broadly celebrated an agreement in the U.S. Congress that ended a 16- day partial closure of federal agencies and budget impasse but was then socked by earnings from market bellwether IBM.
A handful of quarterly reports really wowed Cramer. Of course there were some he didn’t care for at all.
Some of the names on the move ahead of the open.
Oct 16- American Express Co posted a better-than-expected 9 percent rise in quarterly profit as spending by corporate card users began to pick up after more than a year of sluggish growth.
Stocks closed at session highs Wednesday, with the Dow up 200 points and S&P within 1 percent of its record, after Senate leaders announced a long-awaited compromise to raise the debt ceiling and put an end to the government shutdown.
Oct 16- American Express Co posted a better-than-expected 9 percent rise in quarterly profit as customers increased spending on its credit cards and fewer users defaulted on payments.