As Rupert Murdoch prepares to leave his position at 21st Century Fox, Warren Buffett would increase his lead as oldest CEO in the S&P 500.» Read More
U.S. Bancorp posted a larger-than-expected 18 percent decline in quarterly profit due to mounting housing-related credit losses, and said that tough economic conditions will cause more loans to go bad.
Wall Street is bracing for a big round of second-quarter earnings reports that few expect to deliver good news for the state of corporate America.
Some of the nation’s biggest banks have closed their doors to students at community colleges, for-profit universities and other less competitive institutions, the NYT reports.
Actually, it has more than that. But with wind power, railcars and barges, the company's doing quite well.
Looking for a way to measure the sector? This is it.
Nearly 3.2 billion shares traded yesterday in CNBC's Million Dollar Portfolio Challenge. Portfolio values are now up to a combined $67 billion. Here are the bets being made today...
This infrastructure play is making big moves into wind power. Get in before Wall Street catches on.
What's Buffett buying? The answer appears to be 'not much' in the first quarter of this year, although his stakes in two healthcare companies and Kraft Foods did increase somewhat. Berkshire Hathaway's just-released disclosure of its U.S. stock portfolio holdings as of March 31 does not include any new names.
Want to position your portfolio for the recovery? Then fly in the face of the crowd calling for big-cap equities. So says William Greiner, chief investment officer of UMB Asset Management. He told CNBC he believes the U.S. is already in a recession -- and says the best thing to do is buy small-cap stocks.
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.