Perhaps it's time for shareholders to take matters into their own hands when it comes to securities class actions, says M. Todd henderson and Adam Pritchard.» Read More
A regulatory filing on behalf of Suffolk County shows it missed an interest payment on some of its debt, putting the county technically in default.
The Senate Banking Committee is set to hold a hearing on Thursday to examine whether regulators inappropriately "outsource" oversight to consultants that are paid billions of dollars by the banks. The NY Times reports.
There's a lot at stake this earnings season, and the financial sector, the biggest stock market winner of the past year, will be put to the test Wednesday.
Now why does a commodity trader care about earnings? To start, the results will affect movement in both S&P and Nasdaq futures. It also gives traders a read on the mood of the country, how consumers are spending and how companies are preparing to move forward. In my opinion, all of will can effect prices and demand for commodities.
Oct 10- M&T Bank Corp:. *Credit Suisse raises M&T Bank Corp to outperform from neutral. Reuters Station users, click. 1568.
Warren Buffett likes bank stocks, just not investment banks. And for good reason.
Take a look at some of Friday's morning movers:
Karen Mills, head of the Small Business Administration, talks about the challenges and importance of loaning to small businesses, and being a part of the Cabinet.
One retailer's experience raises a question that many small businesspeople are asking in times of tighter credit and uneven profits: Are bigger banks willing to deal with the risk of a smaller business in tough times?
Banks remain hesitant to lend, and when they do, they're asking for more information and toughening requirements. It's a trend that is stalling the pace of lending to smaller companies.
In another milestone in the banking industry’s recovery from the financial crisis, the Federal Reserve this week will release the results of its latest stress tests, which are expected to show broadly improved balance sheets at most institutions, the New York Times reports.
Although defensive stocks have performed well this year, one fund manager said he is finding more attractive valuation in some slightly riskier mid-cap companies, including several regional banking stocks.
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.
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.
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.
Following are moves you might have missed. Find out why shares of Amarin and M&T Bank popped while Marvell and Abercrombie & Fitch dropped.