Contagion fears and regulatory reform uncertainties have created a difficult climate for financial stocks. But Betsy Graseck, large cap bank analyst at Morgan Stanley, and Moshe Orenbuch, research analyst and managing director at Credit Suisse, told investors that there are still some attractive names in the sector.
Another late selling jag sent the S&P lower on Monday. What's next? Watching 3 stocks could give you a leg up.
At about 1am today, after all their data had run through whatever data system it runs through, they learned that the office vacancy rate had turned for the first time since Q3 2007.
Stocks closed about a half-percent lower after a bargain-hunting rally collapsed late Wednesday, with traders booking gains from earlier in the day and refusing to give the market a vote of confidence.
It was a nasty morning on Wall Street but by afternoon gray skies turned to blue and the S&P inched its way into positive territory. What's going on?
The Dow closed in negative territory on Monday after fresh worries about overseas banks rattled investor confidence.
In the investment strategist world, I tend to be pretty cautious. I do believe that while economies are recovering, it's going to be a long difficult climb from years of excesses.
Why are the permanent mods failing at all if they've barely begun, and if the front-end debt to income formula is supposedly so perfect? I asked the banking folks and expected to hear "unemployment" as the answer. I was wrong.
Massachusetts Secretary of State William Galvins sent a letter to 10 major banks on Friday concerning their exposure to municipal credit default swaps linked to bonds issued by the state's cities and towns.
How should investors be trading in these volatile market situations? Jamie Cox, managing partner at Harris Financial Group, and Dan Genter, president, CEO and CIO of RNC Genter Capital Management, discussed their market outlooks.
Will yet another bailout breathe new life into the global bull? The Fast Money traders have their doubts.
Noisy protesters with signs took over two bank building lobbies on Thursday in a prelude to a Wall Street rally by workers and union leaders angry over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.
Stocks ended higher after the Fed left interest rates unchanged and kept the "extended period" language in its statement. Financials were the day's best performers, with JPMorgan and Bank of America leading the Dow.
The euro stabilized after traders digested more information about the Greece bailout. Has the issue of contagion been put to rest? Or is there more downside?
Better corporate profits and economic news could keep the market humming, as long as the slow fuse on the Greek debt situation doesn't end with a bang.
Community banks support many elements of the proposed financial regulatory reform legislation but are most concerned about fair treatment for all financial institutions, a lobbyist for the industry's trade group told CNBC Friday.
Billionaire hedge fund manager John Paulson has received quite a bit of press lately arising from his involvement in Goldman’s 2007 Abacus deal which netted him a king's ransom of $1 billion.
The Dow clawed back in late trading Wednesday. Technology and industrials gained while health-care and telecom shares continued to drag.
What follows is a roundup of corporate earnings reports for Wednesday, April 21.
Stocks wobbled in mid-afternoon trading Wednesday. Technology and industrials gained while health-care and telecom stocks continued to drag.