Banks may not be lending to home buyers or single family home developers, but they are doling out big bucks to apartment developers.» Read More
*Shire shares tumble as AbbVie reconsiders bid. NEW YORK, Oct 15- U.S. stocks dropped on Wednesday as economic data buttressed worries over the health of the world economy and signs emerged of slowing merger activity. Worries about a lethargic global economy weren't helped by data that showed U.S. retail sales and producer prices fell in September, while...
*Shire shares tumble as AbbVie reconsiders bid. NEW YORK, Oct 15- U.S. stocks dropped on Wednesday as economic data reinforced worries over the health of the world economy and signs emerged of slowing merger activity. Worries about a slowing global economy weren't helped by data that showed U.S. retail sales and producer prices fell in September, while...
*Shire shares tumble as AbbVie reconsiders bid. Aside from concerns about the global economy, Chicago- based AbbVie said it was reconsidering its $55 billion takeover of the company weeks after the U.S. government moved to curb deals designed to reduce tax, throwing the vitality of merger and acquisition activity into doubt. U.S.-listed shares of Shire tumbled...
Earnings season could break the stock market's bear run, despite the oil slick that continues to trip up stocks.
Life is about to get more difficult for the nation's big banks but possibly a whole lot easier for the small ones.
"People are starting to increase inventory to build for a better economy and a better outlook in quarters three and four," Richard Davis, chief executive of U.S. Bancorp, said after the bank reported earnings on Wednesday. U.S. Bancorp reported a 12.4 percent rise in commercial loans by volume for the quarter.
Some of the names on the move ahead of the open.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
It's been a tough week for small caps stocks, but both that sector and financials should be watched closely.
WASHINGTON, June 25- The U.S. Supreme Court on Wednesday weakened the defenses available to banks in class-action lawsuits over retirement plan investment decisions. The case involved allegations against Fifth Third Bancorp for putting its own stock in employee retirement plans prior to a drop in share price.
June 10- American International Group Inc said Peter Hancock would succeed Robert Benmosche as chief executive and president, effective Sept. 1. Before joining AIG, he was vice chairman of KeyCorp and a former chief financial officer at JPMorgan Chase& Co.
June 10- American International Group Inc said it named Peter Hancock as its new chief executive, effective Sept. 1. "As AIG enters a time of great change and opportunity, we are confident that Peter Hancock is uniquely qualified to lead the company and its employees to future success," AIG chairman Robert Miller said.
When you get a powerful trend, Jim Cramer says embrace it. Following are 4 powerful trends.
NEW YORK, May 16- Two years ago, Denver- based oil and gas driller Bonanza Creek Energy wanted to spread its credit risk and hedge its production- and it called on some regional Main Street banks to help do it. Ohio- based KeyCorp led the lenders and was also among the banks providing hedging.
The "Fast Money" traders share their final trades of the day.
After disappointment with King Digital, the IPO market is watching new offerings very carefully.
Marty Mosby, banking analyst at Guggenheim Partners, told CNBC on Friday that patient investors could be rewarded by putting money in these four stocks.
Cramer believes most Street research contains good information. However, he’s absolutely flabbergasted by these recent notes.
The Federal Reserve's approval of the rule sends a clear signal, bank analyst Mike Mayo of CLSA says.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.