A new report finds that financial institutions are doing a much better job than retailers when it comes to credit card security.» Read More
North American Financial Holdings (NAFH), a bank holding company run by former Bank of America executives, is eyeing an initial public offering, and has hired Bank of America, Goldman Sachs and Credit Suisse to advise on the deal. NAFH, set up two years ago to invest in troubled banks, would be just the third IPO of a bank since 2009, according to data provider Dealogic. ...A report from TheStreet.
Nobel Prize or not, they don’t know stocks.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
What follows is a roundup of corporate earnings reports for Thursday, April 21.
Citi hosts shareholders following Pandit's first profitable year, while closing arguments continue in the trial of Raj Rajaratnam. But, with the holiday-shortened week, the pupu platter of earnings is the story Thursday. Here's what we're watching…
Stocks ended higher as investors took heart from strong economic news and shrugged off disappointing quarterly results ahead of a big week of earnings. Merck and DuPont led the Dow higher, while BofA fell.
Stocks lost a little steam in the final hour of trading as technology companies slid, although investors remained encouraged by several upbeat economic report. Merck and DuPont gained, while BofA fell.
Stocks turned modestly higher as investors took heart from upbeat economic news, although weak earnings pressured some sectors of the market. Merck and J&J rose, while BofA fell.
Critics who argue banks are not lending might want to check with middle-market companies. Demand for new loans may be recovering slowly, if at all, but banks are trying to win these companies' business with more attractive terms.
As Treasury feeds us a steady diet of how much money taxpayers are making off the Troubled Asset Relief Program, you have to wonder why nobody thought of this idea sooner.
Stocks ended down, after trading in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally amid rising oil prices and ongoing turmoil in Libya and the Middle East. Bank of America and GE fell, while Verizon rose.
Stocks traded slightly lower, and in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally as oil prices rose amid ongoing turmoil in Libya and the Middle East. GE and Bank of America fell, while Verizon gained.
Stocks pared gains as news that fighting in Libya was continuing despite Libya's pronouncement that it was ceasing military operations, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar led the gainers.
Two years after the financial crisis sent the S&P 500 to its lowest level in over 12-years, investors celebrate the strong comeback of the stock market. Here is a look at the best and worst performing stocks since March 9, 2009.
While stocks are reacting partly to lower oil today, there's another group that is also strong: banks. Partly, this is due to modestly positive comments coming out of Bank of America's analyst meeting, its first in four years. But there is also increasing optimism that a select group of large banks will soon be able to significantly raise dividends.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Regional banks have been outperforming the KBW bank index in the last month, and Craig Siegenthaler, analyst at Credit Suisse, said the following regional bank names are best positioned in the face of possible bad news.
Most stocks are recovering today after a drubbing earlier in the week, but some are not...with good reason. Because if $100 oil is the new normal, there's a whole new round of cost hikes and margin squeezes coming.
Here's why you should keep a close eye on these six stocks.
The program so far seems to have been a resounding success, but what will the government do with lingering assets like AIG? Cramer talks to Assistant Secretary for Financial Stability Tim Massad.