Citigroup and Goldman Sachs are among 17 companies said to have made lavish and unmerited payouts, reports the New York Times.
Remember these things the next time stocks take a hit like they did on Wednesday.
Ben Bernanke may have brought out the bears Wednesday but the bulls argue investors missed a slew of positive signs. How should you read it?
Stocks lost more than 1 percent Wednesday as testimony from Federal Reserve Chairman Ben Bernanke rattled the market. Morgan Stanley and Apple rallied after smashing earnings expectations.
Stocks skidded Wednesday as testimony from Federal Reserve Chairman Ben Bernanke rattled the market. Morgan Stanley and Apple rallied after smashing earnings expectations.
The financial regulation reform bill Obama signed into law Wednesday will have very little impact on Wells Fargo’s earnings and operations compared to peer banking institutions, according to Howard Atkins, CFO at Wells Fargo.
A fairly disappointing open for the markets given the solid 2 percent gains in Europe earlier and a round of excellent earnings reports across a broad array of sectors. Although many companies reported strong earnings this morning, their commentary on the economy was more subdued.
In the face of some otherwise-daunting obstacles, commercial real estate is proving to be an attractive area for investors looking for bargains as loans come due and foreclosures mount.
Will jitters about the economy and employment send investors running for the exits? Joe Terranova sure doesn't think so!
Stocks pulled back Wednesday amid weakness in techs and retailers. But Morgan Stanley and Apple rallied after smashing earnings expectations.
What follows is a roundup of corporate earnings reports for Wednesday, July 21.
U.S. stock index futures pointed to a positive open for Wall Street Wednesday after better-than-expected earnings from Apple that came after the bell Tuesday.
Apple proved once more its iProducts make for a powerful earnings machine, but that may not add much juice to tech shares Wednesday.
Stocks were lower on Tuesday as another batch of earnings reports showed weak revenues and more signs of a struggling housing market appeared. Neil Hennessy, portfolio manager and CIO of Hennessy Funds, and David Goerz, CIO of Highmark Capital, shared their market insights.
JPMorgan Chase CEO Jamie Dimon talks to the New York Times about Wall Street in the post-crisis era, his relationship with President Obama, and his reputation as a financial superstar.
Hoping to succeed where Washington has largely failed, New York City’s comptroller, John C. Liu, and six large unions plan to begin a campaign on Wednesday to press the biggest banks to do more to prevent foreclosures in the New York area.
Investors are jittery about the stock market's decline to a 10-month low earlier this month, and many are piling into bonds. But they may have more to lose in the form of higher taxes.
Stocks opened higher Tuesday, rebounding off of their worst week in a couple of months, led by financials and techs.
General Electric's finance division, GE Capital, hired a new chief risk officer from Wells Fargo, the company said Thursday.
Once dominant, and then dormant, commercial real estate loans are beginning to show signs of life on the trading floor after a two-year slump. The NYT reports.