Wisconsin Energy struck a $5.71 billion deal to buy Integrys Energy, creating a larger, more diverse electric and natural gas company.» Read More
Top Bernstein bank analyst Brad Hintz tells us M&A us about to pick up and a handful of banks are best positioned for the deal activity.
Is Wall Street cutting bonuses enough? That is a question worth considering amid chatter that investment banking bonuses are expected to be the lowest they have been since 2008 amid lackluster profits.
Lately, consumers have been craving McCafé Peppermint Mochas and McRibs. Discussing the successful business planning behind the recent rally for McDonalds shares, with Matt DiFrisco, Lazard Capital Markets senior restaurant analyst and CNBC's Melissa Lee.
Citigroup, Bank of America, JPMorgan Chase and Wells Fargo look to have a weak third quarter ahead of them when they report next month, but expectations are so low they may have a chance to surprise to the upside.
Analysts at Citigroup and UBS lowered their earnings estimates Monday for Goldman Sachs, Morgan Stanley and other universal banks on expectations the barren landscape in the equity and credit markets would persist for several quarters.
Citigroup's second-quarter earnings were a "disappointment," as higher expenses offset a better-than-expected rise in revenue, David Trone, the securities industry analyst at JMP Securities, told CNBC Friday.
Banks may have been hit the hardest in Wednesday's sell-off, but one top bank analyst says there are three financials with the potential to pop.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
The banking industry is entering another "golden age," with so much cash on hand that earnings will grow 20 percent annually over the next few years, banking analyst Dick Bove told CNBC.
Worries of the european debt crisis was back in the news on Monday as Euro shares dropped sharply ahead of debt auctions this week.
Not if you believe as Cramer does that the precious metal’s price is headed to $2,000. Plus, get calls on the utilities, restaurants, the investment banks and more.
The major issue for banks this quarter is that core earnings are going down for the industry and that’s what investors will be looking at, said Richard Bove, financial strategist at Rochdale Securities.
Many large companies are going back-to-basics by looking at what there core competencies are and exiting the businesses that aren't working while consolidating others.
In August banks landed at the bottom of the heap as the worst performing sector of the S&P. How should you play them in September?
Don’t look for the next takeover target. Buy this advisory firm instead.
Following are moves you might have missed. Find out why shares of ANR and Lazard popped while Corinthian and Leap Wireless dropped.
It is impossible today for small- and medium-sized technology companies to go public through IPOs with the big investment banks.
As it investigates a suspected kickback scheme in New York’s pension system, the Securities and Exchange Commission has been pushing to bar Steven L. Rattner, a prominent financier and former adviser to the Obama administration on the auto industry, from working in the securities industry for up to three years, according to three people told of the discussions. The NYT explains.
It almost feels like America is on sale considering the sheer volume of deal speculation in the market. With all the wheeling and dealing how should you trade?
The market had every reason to sell-off recently. We had renewed worries about Greece, a higher dollar, and Treasury auctions. So why isn't the damage worse?