Philip Duff of Duff Capital Advisors offers CNBC the hedge-fund view of where Merrill Lynch, regional banks, the markets and oil are headed.
U.S. money manager BlackRock posted a better-than-expected 23 percent rise in second-quarter profit as assets under management rose.
The two factors moving the market today were 1) the drop in oil, now down almost 10 percent in two days, and 2) the rally in financials.
Anxiety about the cost of raising money triggered some serious selling that ended with blood running down the Street...
U.S. banks may need to raise $65 billion of additional capital to cope with mounting losses from a global credit crisis that will not peak until 2009, Goldman Sachs & Co analysts said on Tuesday.
The Lightning Round is extended in this CNBC.com exclusive feature.
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.
KeyCorp dropped 12% Wednesday after underestimating its exposure to bad loans. Has the subprime slime spread all the way to the neighborhood bank?
Joe Keating, CIO of private asset management at RBC Bank, picked stocks for graying Boomers. Plus: Web-Exclusive picks -- not on TV!
A flood of numbers from both government and industry confronted investors through the week, making for some choppy trading and a lot of educated guesses from analysts, fund managers, and investors.
Lots of analysts and fund managers tell investors that the credit crunch is not over, with more write-downs expected -- and that financial stocks are to be avoided at all costs. But Punk Ziegel's Richard Bove is not among them.
Stocks finished flat Monday as concerns about the Federal Reserve's rate decision in a couple of days kept a lid on activity generated by merger buzz.
Stocks ticked higher Monday amid merger buzz but index gains were modest as the market awaits the Federal Reserve's rate decision later this week.
Morgan Stanley analysts Monday told clients to "sell the rally" in financial stocks, slashing forecasts for big bank earnings and warning that the current credit crunch is only just beginning.
Stocks retreated after an early pop Monday as the early market buzz was all about deals and deal makers.
With Sallie Mae and other student lenders struggling to find financing amid the credit squeeze, what’s the trade as fewer students can find access to affordable loans?
IBM's big 26 percent profit jump could set the foundation for another decent day in the market if there are no nasty surprises in the wings to derail it.
A steady stream of downbeat news seemed to leave the market unmoved for most of the week -- until the bluest of the blue chips, General Electric, posted first-quarter earnings that missed Wall Street expectations by seven cents per share, and lowered its full-year guidance.
A double helping of economic data and first-quarter earnings reports will flood the zone next week, but it's the corporate earnings that will drive stocks and give a better picture of where the economy is going. If GE's bombshell earnings miss is an indicator, the news will be as nasty as traders expect.
Is Dan Genter playing with fire? The president, chief executive and chief investment officer of RNC Genter Capital Management finds promising stocks -- in the financial and consumer discretionary sectors.