Money managers are looking for a reason to buy right now, and Jim Cramer is here to help. He goes sector by sector to offer his pick of hot stocks.» Read More
For example, following its purchase of the RBS Sempra commodities business in mid-2010, JPMorgan Chase& Co sought Fed permission to trade a range of niche physical oil products such as asphalt, Canadian condensate and marine diesel. After it became clear that the Fed would not grant the request, JPMorgan withdrew it. "The decision of the Federal Reserve not to...
Bank of America Corp. fell$. 11 or. 6 percent, to $17.04. Citigroup Inc. fell$. 22 or. 4 percent, to $53.60. Goldman Sachs rose$. 11 or. 1 percent, to $189.75.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. fell. 5 percent to $17.06 with 46,657,300 shares traded. Barrick Gold Corp. fell 6.2 percent to $12.46 with 23,544,100 shares traded.
Bank of America Corp. fell$. 06 or. 4 percent, to $17.08. Citigroup Inc. fell$. 20 or. 4 percent, to $53.61. Goldman Sachs fell$. 46 or. 2 percent, to $189.18.
Nov 19- Shares of Paramount Group Inc rose as much as 5.7 percent in market debut, valuing the owner of San Francisco's landmark One Market Plaza building and Washington DC's Liberty Place at $4.51 billion. Paramount shares opened at $18.49 on the New York Stock Exchange and touched a high of $18.50. Founded in 1978 by German mail-order entrepreneur Werner Otto,...
Millennials' financial goals versus their financial reality do not match up, reports USA Today.
Will a virtual visualization make a real difference in the way you manage your portfolio? That's what Fidelity Investments is betting on.
CARACAS, Nov 18- Venezuela has used a $4 billion loan from China to bolster its flagging international reserves, President Nicolas Maduro said on Tuesday, days after the OPEC nation's hard currency holdings hit an 11- year-low amid sliding oil prices. Francisco Rodriguez, senior Andean economist with Bank of America, said including the funds in the...
Paramount owns prestigious properties such as San Francisco's One Market Plaza building and New York's 1633 Broadway. Paramount owns about 10.4 million square feet of office properties that generated an annualized rent of about $576 million, as of Sept. 30. Paramount plans to become a real estate investment trust after the offering.
Bank of America Corp. rose$. 05 or. 3 percent, to $17.14. Citigroup Inc. rose$. 24 or. 4 percent, to $53.81. Goldman Sachs fell$. 29 or. 2 percent, to $189.64.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Baker Hughes Inc. fell 2.6 percent to $63.55 with 25,819,700 shares traded. Bank of America Corp. rose. 3 percent to $17.14 with 38,549,700 shares traded.
Bank of America Corp. rose$. 09 or. 5 percent, to $17.18. Citigroup Inc. rose$. 37 or. 7 percent, to $53.94. JPMorgan Chase rose$. 37 or. 6 percent, to $60.75.
LONDON, Nov 18- British lawmakers will quiz top bankers in the wake of last week's $4.3 billion deal with regulators to settle allegations of collusion and manipulation in the foreign exchange market, a source familiar with the matter said on Tuesday. The TSC, charged with overseeing finance, had been expected to publicly question bankers and regulators after...
The Justice Department is considering a civil suit against Countrywide Financial's Angelo Mozilo, reports the New York Times.
Bank of America Corp. rose$. 01 or. 1 percent, to $17.10. Citigroup Inc. rose$. 39 or. 7 percent, to $53.96. Goldman Sachs rose$. 28 or. 1 percent, to $190.21.
Some of the names on the move ahead of the open.
Among the companies targeted in letters sent by Senator Elizabeth Warren, a member of the Senate Banking Committee, and Representative Elijah Cummings, the top Democrat on the House Oversight and Government Reform Committee, were banks, investment firms and other financial service providers. In letters to two of the 16 companies, Citigroup and U.S. Bank,...
Bank of America Corp. fell$. 05 or. 3 percent, to $17.09. Citigroup Inc. rose$. 19 or. 4 percent, to $53.57. Goldman Sachs fell$. 05 or percent, to $189.93.
The yen recovered from seven-year lows against the dollar but remained under pressure after data showing Japan's economy slipping into recession.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Baker Hughes Inc. rose 8.9 percent to $65.23 with 52,847,300 shares traded. Bank of America Corp. fell. 3 percent to $17.09 with 41,213,800 shares traded.