For the first time, Fed officials have offered an account that differs significantly from the versions that, for many, have hardened into history.» Read More
*China official PMI seen at 51.2 in Sept vs 51.1 in Aug Data due on Oct 1 at 0100 GMT. BEIJING, Sept 26- Growth in China's manufacturing sector probably steadied in September as factory orders held up, a Reuters poll showed, providing some welcome relief for those who worry the Chinese economy is quickly losing steam.
SINGAPORE, Sept 26- Gold retained overnight gains on Friday and looked set to snap a three-week losing streak on weaker equities, but it continued to be in danger of breaking below the key $1,200- an-ounce level as the dollar was poised for an eleventh week of gains.
Bank of America Corp. fell$. 33 or 1.9 percent, to $16.85. Citigroup Inc. fell $1.30 or 2.4 percent, to $51.96. Goldman Sachs fell $3.72 or 2.0 percent, to $184.09.
Bank of America Corp. fell$. 24 or 1.4 percent, to $16.95. Citigroup Inc. fell$. 96 or 1.8 percent, to $52.31. Goldman Sachs fell $3.73 or 2.0 percent, to $184.08.
Some market pros say regional banks like SunTrust can offer hefty returns as a pure play on rising interest rates.
Bank of America Corp. fell$. 14 or. 8 percent, to $17.05. Citigroup Inc. fell$. 30 or. 6 percent, to $52.96. Goldman Sachs fell $1.68 or. 9 percent, to $186.13.
Why are financial stocks the cornerstone of Warren Buffett's empire? His love of bank stocks can be explained in two key investing concepts.
Pro sports leagues need to realize that "the line has moved" on what society deems as appropriate, says Richard Parsons, interim CEO of the LA Clippers.
JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue, data showed on Thursday.
Sept 25- For nearly a quarter-century, traders around the world have looked to a spot in Louisiana for the best price of U.S. natural gas.
*Citi: Market overplaying concerns of weak copper outlook. LONDON, Sept 25- Copper and base metals stumbled on Thursday, and some analysts expected more losses, partly because of a strong dollar and worries that weak global growth will curb demand.
LONDON, Sept 25- JPMorgan was the top performing investment bank in the first half of the year, making $11.5 billion in revenue and ranking first for both its fixed income and deals advisory businesses, data showed on Thursday.
*Citi says market overplaying concerns of weak copper outlook. SYDNEY, Sept 25- London copper surrendered modest gains on Thursday, bowing to profit-taking after sprinting higher on bullish economic comments from central bankers.
*Copper, nickel stronger after early-week dips. *Copper gets boost from U.S., European bank policies. SYDNEY, Sept 25- London copper held above three-month lows on Thursday after central bankers in the United States and Europe suggested their policies would keep an easier bias, with nickel also strengthening.
Bank of America Corp. rose$. 13 or. 8 percent, to $17.18. Citigroup Inc. rose$. 42 or. 8 percent, to $53.26. Goldman Sachs rose $2.72 or 1.5 percent, to $187.81.
Bank of America Corp. fell$. 04 or. 2 percent, to $17.01. Citigroup Inc. fell$. 18 or. 3 percent, to $52.67. Goldman Sachs rose$. 75 or. 4 percent, to $185.84.
Bank of America Corp. fell$. 04 or. 2 percent, to $17.02. Citigroup Inc. fell$. 17 or. 3 percent, to $52.67. Goldman Sachs fell$. 11 or. 1 percent, to $184.99.
Most bank stocks have risen from their recession lows, but still have a lot of room to grow. Rising rates promise to lift the sector.
The yen rose after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of its fall to a six-year low.
LONDON, Sept 24- The yen rose on Wednesday after Japanese Prime Minister Shinzo Abe voiced concern about the economic impact of its fall to a six-year low, adding to the sense of a halt this week in the dollar's record-breaking run since July.