Americans really need to stop feeling bad for countries like Iran over lower prices, says hedge-fund manager Todd Schoenberger. It's a win for America!» Read More
CNBC asked the experts where they would invest in this market environment, and here's a sampling of their recommendations.
Several U.S. regional banks reported better-than-expected quarterly results Tuesday, and expressed confidence they could withstand soaring credit losses as the nation's housing market and economy slump.
Bank of America doubled its two preferred stock offerings to at least $12 billion after yield-hungry investors placed orders for more than twice the amount offered, according to people involved in the deal.
Stocks closed sharply higher after IBM's improved outlook kicked off a market rally.
M&T Bank and Sovereign Bancorp, two of the largest banks in the eastern United States, said on Monday turmoil in credit, mortgage and real estate markets hurt fourth-quarter results.
Regional banks hit new lows today, as traders gave up on any short-term recovery and the hope that the worst is behind us. Big names like KeyCorp, Zions Bancorp, National City, SunTrust, and M&T hit new lows today.
M&T Bank, the first large U.S. bank to report quarterly results, said on Thursday that third-quarter profit fell 5 percent, hurt by higher credit losses.
A weak dollar and strong stocks are putting Canuck banks into position to buy up their American counterparts.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
If you can find a stock that both Buffett and Cramer agree on, you’ve probably got yourself a winner.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Several large U.S. banks reported slowing profit growth on Tuesday amid struggles with interest-rate pressures and rising loan losses, including from mortgages. Wells Fargo, the fifth-largest U.S. bank, bucked the trend, boosting profit 11% despite its large exposure to the struggling mortgage sector.
Billionaire Warren Buffett's holding company Berkshire Hathaway revealed Wednesday that it bought $774.3 million in U.S. Bancorp stock last year, adding to the bank holdings already in the company's $52.8 billion stock portfolio.