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  • Final Glance: Banks companies Wednesday, 17 Dec 2014 | 7:08 PM ET

    Bank of America Corp. rose$. 54 or 3.2 percent, to $17.26. Citigroup Inc. rose $1.28 or 2.5 percent, to $52.45. Goldman Sachs rose $1.72 or. 9 percent, to $185.03.

  • NEW YORK/ TORONTO, Dec 17- BlackBerry Ltd launched its long-awaited Classic on Wednesday, a smartphone it hopes will help it win back market share and woo those still using older versions of its physical keyboard devices. "The conversation about BlackBerry has changed in the last year," Chief Executive John Chen said as he launched the Classic at Manhattan's...

  • Midday Glance: Banks companies Wednesday, 17 Dec 2014 | 1:17 PM ET

    Bank of America Corp. rose$. 36 or 2.2 percent, to $17.08. Citigroup Inc. rose$. 67 or 1.3 percent, to $51.84. Goldman Sachs rose $2.66 or 1.5 percent, to $185.97.

  • US retailers curb holiday borrowing, avoid inventory glut Wednesday, 17 Dec 2014 | 1:00 PM ET

    "We are just not seeing huge borrowings by anyone," said Irene Marks, managing director of retail finance at Wells Fargo Capital Finance, which committed $11 billion in loans to retailers this year. GE Capital's senior managing director of retail finance Tim Tobin estimated that the percentage of credit used by retailers they had loaned to was on par or below the...

  • Early Glance: Banks companies Wednesday, 17 Dec 2014 | 10:16 AM ET

    Bank of America Corp. rose$. 20 or 1.2 percent, to $16.92. Citigroup Inc. rose$. 43 or. 8 percent, to $51.60. Goldman Sachs rose $2.47 or 1.3 percent, to $185.78.

  • Dec 16- When the almost 11,000 financial advisers in Wells Fargo& Co's branch brokerage system get their 2015 compensation plan on Wednesday they may grimace at one change that could hit their pay, or cost their customers a little more. Morgan Stanley, the largest U.S. brokerage firm with more than 16,000 advisers, for example, does not credit brokers for purchases...

  • Dec 16- When the almost 11,000 financial advisers in Wells Fargo& Co's branch brokerage system get their 2015 compensation plan on Wednesday they may grimace at one change that could hit their pay, or cost their customers a little more. Morgan Stanley, the largest U.S. brokerage firm with more than 16,000 advisers, for example, does not credit brokers for purchases...

  • Dec 16- When the almost 11,000 financial advisers in Wells Fargo& Co's branch brokerage system get their 2015 compensation plan on Wednesday they may grimace at one change that could hit their pay, or cost their customers a little more. Morgan Stanley, the largest U.S. brokerage firm with more than 16,000 advisers, for example, does not credit brokers for purchases...

  • Final Glance: Banks companies Tuesday, 16 Dec 2014 | 6:41 PM ET

    Bank of America Corp. fell$. 13 or. 8 percent, to $16.72. Citigroup Inc. fell $1.62 or 3.1 percent, to $51.17. Goldman Sachs fell $2.23 or 1.2 percent, to $183.31.

  • Midday Glance: Banks companies Tuesday, 16 Dec 2014 | 1:20 PM ET

    Bank of America Corp. rose$. 16 or. 9 percent, to $17.01. Citigroup Inc. fell$. 75 or 1.4 percent, to $52.04. Goldman Sachs rose$. 06 or percent, to $185.60.

  • Mortgage deal monitor: Ocwen review may be flawed Tuesday, 16 Dec 2014 | 12:18 PM ET

    WASHINGTON— The monitor overseeing a national mortgage settlement said Tuesday that Ocwen Financial Corp., one of the biggest U.S. servicers of home loans, has produced unreliable information about its business practices. Joseph Smith, who is monitoring banks' and mortgage servicers' compliance with the $25 billion settlement over foreclosure abuses, said...

  • Early Glance: Banks companies Tuesday, 16 Dec 2014 | 10:20 AM ET

    Bank of America Corp. fell$. 07 or. 4 percent, to $16.78. Citigroup Inc. fell$. 71 or 1.3 percent, to $52.08. Goldman Sachs fell $1.73 or. 9 percent, to $183.81.

  • US home construction drops 1.6 percent in November Tuesday, 16 Dec 2014 | 8:33 AM ET

    WASHINGTON— Construction of new homes fell slightly in November, reflecting weakness in construction of single-family homes. Builders started construction at a seasonally adjusted annual rate of 1.03 million homes and apartments last month, the Commerce Department reported Tuesday. Jennifer Lee, senior economist at BMO Capital Markets, noted that...

  • Ahead of the Bell: US home construction Tuesday, 16 Dec 2014 | 7:02 AM ET

    WASHINGTON— The Commerce Department reports on U.S. home construction in November. The report will be released at 8:30 a.m. EST Tuesday. The National Associated of Home Builders/ Wells Fargo builder sentiment index took a small dip in December but remains in positive territory.

  • WASHINGTON, Dec 16- Ocwen Financial Corp's mortgage servicing operations were criticized on Tuesday by a watchdog who questioned the independence of an internal audit group, adding to previous concerns from regulators. Ocwen is subject to the watchdog's oversight because it had acquired mortgage servicing rights from a unit of Ally Financial Inc. That...

  • Asian stocks mixed after Wall Street slide Tuesday, 16 Dec 2014 | 4:01 AM ET

    The ruble, under pressure from falling oil prices and Western sanctions over Moscow's conflict with Ukraine, had fallen as much as 20 percent before recovering. Benchmark U.S. crude rose 2 cents to close at $55.93 a barrel in New York. Brent crude, a benchmark for international oils used by many U.S. refineries, fell $1.20 to close at $59.86 in London.

  • Final Glance: Banks companies Monday, 15 Dec 2014 | 6:08 PM ET

    Bank of America Corp. fell$. 28 or 1.6 percent, to $16.85. Citigroup Inc. fell$. 61 or 1.1 percent, to $52.79. Goldman Sachs fell $3.28 or 1.7 percent, to $185.54.

  • Midday Glance: Banks companies Monday, 15 Dec 2014 | 1:43 PM ET

    Bank of America Corp. fell$. 15 or. 9 percent, to $16.98. Citigroup Inc. fell$. 24 or. 4 percent, to $53.16. Goldman Sachs fell $1.49 or. 8 percent, to $187.33.

  • Early Glance: Banks companies Monday, 15 Dec 2014 | 12:00 PM ET

    Bank of America Corp. rose$. 07 or. 4 percent, to $17.20. Citigroup Inc. rose$. 16 or. 3 percent, to $53.56. Goldman Sachs fell$. 33 or. 2 percent, to $188.49.

  • Final Glance: Banks companies Friday, 12 Dec 2014 | 6:03 PM ET

    Bank of America Corp. fell$. 34 or 1.9 percent, to $17.13. Citigroup Inc. fell $1.11 or 2.0 percent, to $53.40. Goldman Sachs fell $4.72 or 2.4 percent, to $188.82.