It's time for the Lightning Round. Cramer makes the call on viewer favorites.» Read More
*Record client assets of $2 trillion trail those at Charles Schwab. NEW YORK, July 16- Bank of America's continuing investment in its Merrill Lynch wealth management business caused expenses in its global wealth sector to grow more quickly than revenue in the second quarter, the company said on Wednesday.
July 16- Charles Schwab Corp' s second-quarter revenue and profit grew at double-digit rates, slightly exceeding Wall Street expectations. The shift helped Schwab amass $2.4 trillion of client assets as of June 30, the highest in its history and up 17 percent from a year ago.
Some of Wednesday's midday movers:
Bank results are on a roll, and it's picking up speed. Yet these stocks are starting to look pricey.
July 16- Charles Schwab Corp' s second-quarter revenue and profit grew at double-digit rates, slightly exceeding Wall Street expectations. The shift helped it amass $2.4 trillion of client assets as of June 30, the highest in its history and up 17 percent from a year ago.
U.S. stock index futures pointed to a higher open on Wall Street ahead of Fed Chair Janet Yellen's second day of testimony.
Stocks may respond more to earnings news than the Fed Wednesday, now that Fed Chair Janet Yellen's first day of testimony is out of the way.
Wall Street lobbyist SIFMA suggests changes to market structure that could make trading less complex and fragmented.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
NEW YORK, July 8- Wall Street's self-regulator said on Tuesday it is conducting examinations of 10 firms to ensure they are in compliance with regulations requiring that investors receive the best execution for their stock orders.
*Alcoa to report after market close, revenue seen down. NEW YORK, July 8- U.S. stocks fell for a second day in a broad decline on Tuesday as investors held off from making big bets going into the start of corporate earnings season.
Two other major French banks, Credit Agricole and Societe Generale, Germany's Deutsche Bank AG, and Banamex USA, the U.S. arm of Citigroup Inc's Mexican banking group Banamex, are among those being investigated for possible money laundering or sanctions violations, according to people familiar with the matter and public disclosures.
Stocks started the second half of 2014 with healthy gains, and while many analysts expect further advances, the trip higher won't be without hurdles.
What will stock trading be like 25 years from now? A lot different than it is today. Here are seven huge changes on the way.
NEW YORK, June 26- Wickr, a startup founded by privacy advocates, said it has raised $30 million from investors including CME Group Inc to help develop self-destructing messaging technology for use by financial services firms and gaming companies.
*Oracle slides, CarMax soars after results. NEW YORK, June 20- U.S. stocks rose on Friday, driving the Dow and the S&P 500 to close at record highs as the shares of 330 companies hit 52- week highs on the New York Stock Exchange.
Oracle slumps, Carmax surges after results. NEW YORK, June 20- U.S. stocks rose on Friday, pushing the Dow and the S&P 500 to record levels and setting the benchmark index up to score its fourth weekly advance over the past five.
NEW YORK, June 19- The S&P 500 ended at another record high on Thursday, extending gains for a fifth day on investors' optimism that the Federal Reserve will keep interest rates low for a long period of time.
NEW YORK, June 18- Institutional investors including BlackRock Inc and Allianz SE's Pimco on Wednesday sued six of the largest bond trustees, accusing them of failing to properly oversee more than $2 trillion in mortgage-backed securities issued in the run-up to the 2008 financial crisis.
NEW YORK, June 18- The high levels of cash that TD Ameritrade customers have been keeping in their brokerage accounts since the 2008-2009 financial collapse is on the decline, a sign of growing confidence in the U.S. stock market, company executives said at Reuters Wealth Management Summit on Wednesday.