Bank of America earnings likely signal a turning point for the country's second-largest bank, and the company may be best in breed, CNBC's Jim Cramer says.» Read More
Citigroup and Bank of America still offer massive upside to investors, according to the Rochdale Securities analyst, who has turned decidedly more bearish on the financial sector in recent weeks. ...A report from TheStreet.
What follows is a roundup of corporate earnings reports for Tuesday, April 19.
This craziness in Europe cannot continue. Greece just issued 13-week paper at a yield of 4.1 percent — to put this in perspective, Germany pays 3.8 percent for its 30-year bond. That's right: Greece is paying more for 3-month paper than Germany pays for a 30-year bond.
Investors should look for “reasonably valued stocks” that pay dividends and also have a growth catalyst, said Alan Gayle, senior investment strategist at RidgeWorth Capital Management.
That's what I'm seeing. Look at the performance of some of the large financials this week, vs. large commodity and industrial stocks.
Analysts are saying the end of March, but Cramer wants investors ready long before that.
The Lightning Round is extended in this CNBC.com exclusive feature.
The euro has been rising against the dollar all Wednesday morning and is now at a 2-month high. December housing starts a bit weaker than expected at 529,000 (550,000 expected), but permits stronger.
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.
US stocks looked set to open flat to negative on Tuesday, with Nasdaq futures under pressure from Apple and Citigroup weighing on the other major indices.
Comerica is buying regional banking company Sterling Bancshares in a stock deal worth about $1.03 billion, as it looks to strengthen its Texas presence.
We’ve updated this post with even more insights from the Fast Money traders.
Stocks ended at new record highs as the Federal Reserve reported improving economic conditions across the country, and as upbeat earnings outlooks for banks lifted investor sentiment. JPMorgan and Bank of America rose, while Disney fell.
Stocks traded off the highs of the day, but remained significantly up, as the Federal Reserve reported improving economic conditions across the country, and as upbeat earnings outlooks for banks lifted investor sentiment. JPMorgan and Boeing rose, while Alcoa fell.
Wells Fargo boosted the financial sector to “overweight” from “market weight.” Matthew Burnell, senior analyst at Wells Fargo, cited superior earnings growth and lower event risk for the group.
Are banks stocks on the brink of a big break out? Or are the gains even sustainable?
Stocks gained on a brighter outlook for banks ahead of earnings releases, and as debt troubles in Europe eased after a successful Portuguese bond offering. JPMorgan and Bank of America gained.
When the biggest US banks submit their capital plans to the Fed on Friday, it will mark an important post-crisis milestone for the industry, clearing the way for many of them to resume providing dividends.