Should you invest in fixed income when corporations are all too eagerly selling new bonds in staggeringly large amounts? Likely not.» Read More
The financials have rallied 35% in the past month on upside surprises. But how much longer can banks continue to wow the Street?
Stocks climbed on Thursday with technology the star of the day largely due to optimistic comments from Nokia.
After good news from Goldman Sachs and Wells Fargo, should you buy the financials? Jon Fisher, portfolio manager at Fifth Third Asset Management, offered CNBC his outlook for bank stocks.
Around lunchtime the bulls were whispering about Google’s quarterly results, which come out after the bell, and what they’d reveal. There’s cautious optimism in the sector...
Housing starts were below expectations, but futures still rose as some are saying jobless claims were not as bad as expected.
Gold was on the rise Thursday as investors climb back into safe haven stocks amid the economic uncertainty. Experts tell CNBC the precious metal may retest $1,000.
It should come as no surprise to anyone, given that the banks, Fannie and Freddie and several states had foreclosure moratoria that recently expired. Everyone was waiting to see the Obama plan for troubled loans, and once the Making Homes Affordable plan was set in motion, the moratoria were mostly lifted. Of course it begs the question, how exactly are those Obamamods doing?
Don’t look now, but those battered banks may just survive after all—if only our federal government would let them get out of jail.
Some of the largest mortgage companies in the US are stepping up foreclosures on delinquent homeowners, and will likely lead to more Americans losing their homes, the Wall Street Journal reported Wednesday.
The Obama administration is drawing up plans to disclose conditions of the 19 biggest banks in the country, according to senior administration officials.
Global stocks were down Wednesday, weighed down by grim economic data and tech results from Infosys and ASML. Experts tell CNBC they see long-term potential in commodities and agriculture stocks, but not much in airline stocks.
Following are the day’s biggest winners and losers. Find out why shares of Blackstone and Lazard popped while Morgan Stanley and Best Buy dropped.
Stocks ended near their session lows Tuesday after a report showed retail sales unexpectedly dropped in March and as worries about banks simmered ahead of some key earnings.
Consumer weakness—as shown by Tuesday's retail sales numbers—serves as a reminder that the economy still poses a danger to the stock market.
So what do we know about bank earnings so far? We know that Wells Fargo said mortgage originations were strong, we know that Goldman saw big gains from fixed income.
Stocks recovered late yesterday in anticipation of Goldman's blowout numbers and now are off their lows today ahead of Intel's report after the bell.
Stocks opened lower Tuesday after a report showed retail sales unexpectedly dropped — and dropped sharply — in March. But Citigroup, Bank of America and General Motors advanced.
Banks soared in global markets Tuesday after Goldman Sachs reported a strong first-quarter profit. But investors remained cautious on concerns over the fate of General Motors and the impact the economic slowdown has had on companies.
Stock futures retreated Tuesday after a report showed retail sales unexpectedly dropped -- and dropped sharply in March.
Richard Bove, financial strategist at Rochdale Securities, is bullish on the US banking sector as he sees an improvement in banks' overall operating businesses.