Fifth Third Bancorp on Wednesday reported fourth-quarter net income of $385 million.» Read More
Concern about an effective European bailout has decimated U.S. investor sentiment, causing them to ignore an earnings season that shows stocks offer a great value right now, say analysts.
Following news that Warren Buffett's Berkshire Hathaway will invest $5 billion in Bank of America, will investors take this as a sign of confidence in the financial sector?
Investors know very well the importance of spreads to foreign currency trading, a staggeringly large industry with an average daily turnover of roughly $3.98 trillion, but when it comes to foreign business travel or relationships with overseas vendors, many business owners fail to take advantage of disparities as high as 15% between the exchange rates offered by different payment methods and different companies.
Both the Dow and S&P advanced on Thursday, with financials leading the market after Morgan Stanley released surprisingly good numbers.
Stocks finished mixed in choppy, low-volume trading Tuesday, with the Dow and S&P breaking a five-day winning streak, as investors largely shrugged off Moody's downgrade of Portugal's rating into junk territory and ahead of some key employment news expected later this week.
Stocks paring earlier losses in choppy, low-volume trading Tuesday, as investors largely shrugged off Moody's downgrade of Portugal's rating into junk territory.
Stocks struggled for direction in choppy, low-volume trading Tuesday, after logging their biggest gain last week in almost two years.
Futures wavered ahead of the open Tuesday as traders took a cautious stance after the long weekend, waiting to see if economic growth will return to the U.S. and whether concerns over Greek debt can be eased.
CNBC's Melissa Francis looks at the week's top business news and investment advice, including shipping stocks, volatility plays and emerging markets.
Robert Auer of Auer Growth Fund, and Ron Weiner of RDM Financial Group, told CNBC in a joint interview Thursday they remain bullish—despite the Dow's current fall below 12000.
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.