Now that the Massachusetts Supreme Court has upheld a lower court's ruling that Wells Fargo and U.S. Bancorp did not have the proper paperwork to foreclose on two homes, the question is what that means for the broader mortgage market and the future of millions of foreclosures in or about to be in process?
Stocks eased losses ahead of the close, but were on course to end a six-week winning streak, as investors digested a mixed employment report and turned their attention to next week's earnings season. JPMorgan and Travelers fell, while Pfizer rose.
Plus, get Cramer’s take on the Justice Department’s investigation of UPS and FedEx, as well as a call on the agriculture space.
Think that ruling by a Massachusetts Supreme Court against banks is no big deal compared to their recent woes? Brian Kelly begs to differ.
Developments in the energy sector could be market moving but investors may have been too focussed on the jobs report to notice.
This is a great time for investors to hunt for good value plays, said Bill Smead, CEO and CIO of Smead Capital Management, and Harvey Neiman, portfolio manager of Neiman Large Cap Value Fund.
In anticipation of a strong recovery the Fast gang thinks companies with cash on the balance sheet will start putting their money to work.
As we kick off a New Year and new decade of trading, Philip Gotthelf, president and commodities analyst at Equidex, David Katz, CIO of Matrix Asset Advisors and James Moffett, portfolio manager at Scout International Fund said they see new opportunities in commodities, domestic and international stocks.
Shareholders of bank stocks will be grinning like the Cheshire Cat after banks have had a tremendous month.
Thank you Ben Bernanke. Thank you lame duck Congress and President Obama. Because of you we have a holiday gift fit for a king in the form of quantitative easing and massive tax cuts.
This is the group to own for 2011.
Their ability to frighten us out of stocks seems to be gone, Cramer said, at least for right now.
Find out why Ed Groshans of Height Analytics tells us that Wells Fargo is a 'Buy' while two other banks are a definite 'Sell'!
We've updated this post with more trades compiled from both Fast at 5 as well as the Halftime Report.
With the landscape for financials improving significantly, are bank stocks in the early stages of a sharp move higher?
The Federal Reserve’s $600 billion stimulus program has done little to lower interest rates and or improve unemployment, though it has boosted stock and commodity prices, a CNBC survey says.
The dramatic rise in student debt—and in student loan defaults—could leave the American taxpayer on the hook for hundreds of billions of dollars.
Plus, get calls on Nike and more.
Just in time for Christmas, Dealogic has released its annual investment banking league tables. And JP Morgan, which took the top spot last year, has won again.