NEW YORK _ Signature Bank on Tuesday reported first-quarter profit of $83.4 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share. Signature Bank shares have climbed slightly more than 2 percent since the beginning of the year.
For some of Wall Street's biggest names, quarterly results are expected to be weak, while the future is pockmarked with uncertainty.
A cashless future is starting to define itself in society with credit cards, Bitcoin and virtual wallets. But is this future without any risks?
Main Street is thawing after the recession, while the stock market has soared. A look at 2014 for small businesses.
See what's happening, who's talking and what will be making headlines on Monday's "Squawk on the Street."
Cramer makes the call on viewers' favorite stocks.
What makes a bank less bad in this climate? Market watchers and number crunchers to come up with a short list of banks notable for how far they haven't fallen.
Do Pres. Obama and Treasury man Geithner want to control the banks, just as they have taken over GM? Will the government assert political direction of the financial system in place of market forces, or in place of the rule of law as enforced by bankruptcy judges?
Lots of cross-currents today. The bad news is the ADP report was very poor, implying that nonfarm payrolls on Friday will be weaker than expected. But there is good news as well, as the ISM report, as well as GM and Ford's February sales reports were, as they say, "less bad."
Four small banks became the first to return millions of dollars of emergency aid, and more may soon follow as the industry tries to escape what it considers the onerous conditions attached to the government’s money.