CNBC's Kayla Tausche reports Wells Fargo is being sued for fraud and taking advantage of customers.» Read More
For the first time in what seems like forever, options trading is showing strong signs of interest in financial companies, and some long-awaited takeover talk in telecom.
Prospects for banks have improved significantly and one analyst is says now is a good time to buy into selected financials
Optimism prevailed in the stock market on Thursday; with many investors more hopeful than they’ve been in a long time that the financial system may soon stabilize.
"This is a really big moment," says one investment pro. "The real question in my mind is if we are dragging the floor up."
The sooner those banks which don’t need Federal Government loans – Goldman Sachs? Morgan Stanley? Wells Fargo? – can repay them, the better.
Four small banks became the first to return millions of dollars of emergency aid, and more may soon follow as the industry tries to escape what it considers the onerous conditions attached to the government’s money.
April 2nd could be remembered as a pivotal day in the financial crisis. That’s when regulators could decide whether to relax mark-to-market accounting rules.
The S&P tumbled on Monday largely due to concerns about the major automakers.
Value investor Whitney Tilson reveals two financials he thinks are buys!
The S&P Financials Sector is now up ~60% since March 6. Given this huge run, it looks like the shorts are back. Here is a look at how the short interest in these beaten companies has changed over time.
Following are the day’s biggest winners and losers. Find out why shares of Raytheon and Red Hart popped while Wells Fargo and Yahoo! dropped.
Stocks moved on three events today: 1) better than expected earnings from Best Buy, ConAgra, and Dr. Pepper, 2) a better than expected 7-year note auction has alleviate demand concerns, and 3) continued pressure on short sellers.
Stocks ended higher Wednesday as a surge in the final minutes of trading pushed all three indexes in positive territory.
A strange day, full of mixed signals. Strong economic news early on from new home sales and durable goods.
There are a lot of mixed signals in the markets today. Stocks have sold off midday on some disappointing over the 5-year auction, and comments from Moody’s on Wells Fargo.
Hedge funds and mutual funds have reconsidered their bearish sentiments now that the market is turning. Retail investors, take note.
These companies will tell us whether or not Monday’s rally was real.
Following are the day’s biggest winners and losers. Find out why shares of JPMorgan and CME Group popped while H&R Block and Harris Corp dropped.
Investors should be moving more aggressively right now to put money to work, said Andy Bischel of SKBA Capital Management.
The Fast Money traders and a growing number of analysts are starting to highlight the risk of Congress overshooting in response to the outrage over the AIG bonuses.