Morgan Stanley, one of a handful of Wall Street banking titans left more or less intact after the credit meltdown of the past two years, reported a second-quarter loss of $159 million, worse than estimates.
After hours investors sifted through results from Apple, Yahoo! and a string of other companies; will the latest round of earnings keep the rally going?
Morgan Stanley reports its second-quarter earnings before the opening bell on Wednesday. Will the Wall Street firm follow in the footsteps of Goldman Sachs — or disappoint like Bank of America? Michael Mayo, analyst at Calyon Securities, offered CNBC his financial-stock outlook.
As Congress spent much of the last three months looking at ways to tighten regulations on financial institutions, some of the biggest bailout recipients increased their spending on influencing legislators.
A key House committee aims to have two components of sweeping regulatory reform legislation finished by the August recess but other key parts of the package won’t be taken up until legislators return in September, according to a senior Congressional staffer Monday.
Goldman Sachs issued a bullish note on the S&P 500, raising its target for the index to 1060 from 940 by year's end. Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his take on the Goldman note and the stock markets.
I've been late in posting emails, my apologies. I've gotten plenty. Here are the highlights.
Goldman Sachs strategist David Kostin, known for his bearishness, joined the bull camp today and says stocks are set up for a sustained second half rally. In a note that's getting a lot of attention today, Kostin and other Goldman strategists upped their S&P 500 target from a relative street low of 940 to 1060, a 13 percent move from current levels. History's on their side.
Both government and industry have experienced a steep learning curve in battling foreclosures, but two years into the crisis, greater flexibility and more effective measures are combining to produce early signs of improved results.
Goldman Sachs raised the S&P 500 index's target for the end of the year to 1060 from 940 Monday, but said the risk of "double-dip" recession remains significant.
As of this past Friday, just over 10% of the S&P 500 companies had reported earnings. This week we will see roughly 30% more of the S&P report. Here's a look at which companies have had the biggest surprises so far...
So far, earnings this quarter have painted a mixed picture, some good some bad, but they're far from the disaster some had feared.
Earnings season has put some luster back in the stock market, but it may have a tougher time scoring gains in the week ahead.
Shares of Berkshire Hathaway gained 6.0 percent this week, their best showing since early March when Warren Buffett's company bounced off its lows for a 14.2 percent surge.
Following are the week’s biggest winners and losers. Find out why shares of Goldman Sachs and Suncor Energy popped while Nokia dropped.
Though the S&P 500 and Dow ended Friday little changed, the move for the week was anything but small with both indexes holding onto enormous rallies.
The Dow turned lower again in late morning trading as investors continued to digest earnings reports from a slew of top-tier companies.
Earnings season got off to a better-than-expected start this week, fueling optimism that stocks may continue to bounce back from the recent pullback.
The quarterly reports for the big banks were terrible across the board, but stocks are up because the psychology and the method of valuing bank stocks have changed, said Richard Bove, financial strategist at Rochdale Securities.
How are the Fast Money traders gaming this market into the close? Following are the “Fast & Furious” trades - hot ways to play today's market moving events.