Oil prices fell on Tuesday, with U.S. crude leading the decline as a refinery fire in Kansas curbed demand for the benchmark.» Read More
Activist shareholders' attempts to unseat several Washington Mutual Inc. board members will come to a vote Tuesday when the thrift, badly battered by the subprime mortgage crisis, holds its annual meeting and reports what are expected to be abysmal first-quarter results.
The floodgates of earnings are about to open. Get all your trades right here!
Citigroup is expected to report another big quarterly loss on April 18, but the actual numbers may be almost secondary.
U.S. stocks closed lower Wednesday after UPS projected an earnings shortfall and oil prices surged.
Earnings season is just around the corner for the troubled financial sector, so how does a top stock researcher rate the sector?
U.S. stocks fell to session lows Wednesday after a report showing larger-than-expected decline in crude inventories sent oil prices climbing, and corporate news from Morgan Stanley and UPS dragged on shares.
Morgan Stanley Chief Executive John Mack said markets are the most difficult he's seen in 40 years, but there are several signs that the investment bank is closer to coming through its mortgage and corporate loan difficulties.
Stocks held lower on a slew of bad news, as troubles in technology, more signs of weakness in the banking system and a reminder that the housing slump is far from thwarted a week-long mostly positive run on Wall Street.
Stocks opened broadly lower as a slew of warnings that company earnings would slip in the first quarter, especially in technology, combined with more fear in the financial sector to dampen the recent positive run on Wall Street.
Is it time to jump back into beaten-down financial stocks--or is it still too early? Even the financial giants themselves can't agree.
Goldman Sachs said Tuesday it selectively upgraded shares of some brokers and asset managers, but remains cautious on stocks of regional banks, mortgage and specialty finance companies and real estate investment trusts.
With recent M&A activity and a growing commodities desk, is Morgan Stanley the new Goldman?
Stocks logged another lackluster session Thursday in the wake of Tuesday's spectacular rally as the market digested a mixed bag of economic data and a congressional hearing on the Bear Stearns bailout.
Merger and acquisition activity has hit the brakes, along with much of the rest of the economy, but it's a long way from stopping completely.
Stocks opened lower Thursday after a larger-than-expected rise in weekly jobless claims.
The Federal Reserve has stationed itself inside brokerages including Goldman Sachs and Bear Stearns to monitor their financial state, the Wall Street Journal reported on its Web site on Thursday.
How did JP Morgan emerge from the subprime crisis relatively unscathed?
Stocks rallied to the finish line Tuesday, led by financials, after Lehman Brothers announced plans to raise more capital and two European banks disclosed write-downs.
Stocks kicked off the second quarter with a rally Tuesday, led by financials, as news of more write-downs from European banks offered hope that the end is in sight for the global credit crunch.
News of massive writedowns at two major European banks paradoxically sent shares soaring Tuesday, as many investors took the typically negative announcements as a signal to buy into the battered sector.