U.S. stocks closed mildly lower on Wednesday as investors remained anxious ahead of an impending Greek parliament vote.» Read More
As third-quarter earnings season gets underway next week, traders are bracing for more volatility in a range-bound market.
Bank stocks suggest weak earnings but that isn't the case for all banks, says analyst Dick Bove.
The market could rally on earnings, John Carey said. However, Dave Ellison sees three big challenges for the market and corporations.
The SEC has fined 22 municipal bond underwriting firms for not complying with the proper disclosure rules.
U.S. stocks closed lower as investors weighed mostly negative stock performance overseas and eyed the Federal Reserve meeting later in the week.
Research shows that a pro football team's on-field performance affects the stock returns of their stadium's corporate sponsor.
The successful bank of the future will have fewer branches but better branding, according to an analysis.
Take a look at some of Tuesday's early movers: YUM, AET, STZ, DIS, PG, MSFT & more
While merchants—and even the IRS—crack down on digital breaches, thieves are targeting another source of power: automatic teller machines.
The New York Times explores the environment at Bank of America that led to Thompson's departure and what lies ahead.
July 16- U.S. stock index futures rose on Thursday as investors welcomed Greek parliamentary approval of a bailout plan and on strong results from Netflix and Intel overnight. *Netflix's shares jumped 11 percent to $109 premarket a day after the company added nearly a third more subscribers than expected in the second quarter. *Goldman Sachs and Citigroup are...
*Bank of America rises after profit more than doubles. "We were positive the whole day and we sort of lost our gains right at the tail end," said Phil Orlando, chief equity market strategist at Federated Investors in New York. "If crude were to be going down, that would mean there is an assumption this deal may get through Congress or the President's veto won't get...
*Bank of America rises after profit more than doubles. Brent settled down $1.46 at $57.05 while U.S. crude settled down $1.63 at $51.41 a barrel. The group was buoyed by a 3.4 percent rise in Bank of America to $17.72 and a 3.7 percent gain in U.S. Bancorp to $45.51 after their quarterly results.
Restrictions against some firms stemmed from foreclosures that had not actually been reviewed before signing.
With the Fed expected to raise rates later this year, U.S. Bancorp is bracing for a bump in its lending and savings businesses.
CNBC's Mary Thompson sat down for an exclusive with Bancorp CEO Richard Davis, who said he believes rising rates will spur loans and savings.
NEW YORK, May 31- General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, sources familiar with the situation said on Sunday. Toronto-Dominion Bank, CIT Group Inc, Ally Financial Inc and Wells Fargo& Co are among the potential bidders for the...
May 28- Top U.S. solar installer SolarCity Corp on Thursday said it has partnered with Bank of America on a $200 million fund that will enable smaller investors such as regional banks to finance the company's residential solar systems. The move is aimed at bringing new capital into the fast-growing rooftop solar industry and ultimately reducing the cost of...
In the first, Forrest rejected an attempt by funds from BlackRock Inc, Allianz SE's Pacific Investment Management Co and TIAA-CREF to hold US Bancorp liable for alleged defects in 843 RMBS trusts collateralized by $778.6 billion of loans, causing tens of billions of dollars of losses. Separately, Forrest said the National Credit Union Administration lacked...
May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...