BOSTON, July 1- In the secretive world of hedge funds, algorithms are not shared because they provide the juice behind market-beating returns, and are a key reason why hedge funds charge their clients "two and twenty"- an annual fee equivalent to 2 percent of assets, plus 20 percent of gains.
WASHINGTON, June 18- M&T Bank Corp will put a comprehensive plan in place to fix problems with its anti-money laundering policies that had caused regulators to put a hold on its $3.7 billion bid to buy Hudson City Bancorp. Buffalo, New York- based M&T Bank will submit a plan to the U.S.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Cramer makes the call on viewer favorites.
*FBR raises Hudson City Bancorp Inc price target to $8.50 from $6.50;. *FBR raises JPMorgan Chase& Co price target to $40 from $37; rating. *FBR raises PHH Corp price target to $25 from $23; rating outperform.
*Credit Suisse cuts Hudson City Bancorp Inc to underperform from.
With data from Thomson Reuters, CNBC.com grouped stocks in the S&P 500 with average consensus estimates farthest below their stock prices. Learn more.
Analysts from KBW weigh in with their picks of winners and losers in the financial sector if the U.S. falls off the “fiscal cliff.” TheStreet.com reports.
During a time of historically low interest rates, narrowing margins and increasing regulatory burdens, efficiency is the name of the game for many banks. One reporter for TheStreet.com details five efficient bank stocks that may be right for your portfolio.
Given the expense and paperwork involved in refinancing, it’s certainly worth it for homeowners to ask about modifications to current loans and possible 'recasts.'
After two major balance sheet restructurings, Hudson City Bancorp still needs to change its business model, possibly restructure again and more than one analyst thinks the company should consider selling.
Stocks eased off their worst levels but still finished lower Wednesday, led by materials and energy, amid worries over weakness overseas.
A bet on banks is a bet on the U.S. economy. The reasons are pretty simple, banks are levered to the economy through their exposure to big and small businesses, real estate and the consumer
In the past three months, the tide in financials has turned. The sector, which posted an 18 percent loss in 2011, has been consistently up each month this year.
Stocks in the S&P 1,500 that displayed unusual volume in Tuesday's trading session.
Want to know which banks investors are currently betting against? Take a look at the short interest ratio, which divides average trading volumes by outstanding short interest.
It's still an open question whether stocks are heading into an extended bear market or if the severe pullback this summer from the highs in late April is a just correction phase in a larger bullish pattern.
Cramer makes the call on viewers' favorite stocks.
Wells Fargo, JPMorgan Chase and U.S. Bancorp are usually the first names that come to mind when bank stock investors think about dividends, but these names are actually in the middle of the pack when it comes to dividend yield.
U.S. stocks have tumbled 15 percent from a 52-week high three months ago as investors moved out of riskier assets on signs the economy is slowing. Still, a diverse group of S&P 500 stocks have climbed as much as 84 percent this year, according to a report from TheStreet.