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  • Banks take big bet on red-hot apartments Friday, 17 Oct 2014 | 12:06 PM ET
    Contractors work on construction of a new apartment building in downtown Seattle.

    Banks may not be lending to home buyers or single family home developers, but they are doling out big bucks to apartment developers.

  • Early Glance: Banks companies Friday, 17 Oct 2014 | 10:39 AM ET

    Bank of America Corp. rose$. 21 or 1.3 percent, to $16.29. Citigroup Inc. rose$. 60 or 1.2 percent, to $50.35. Wells Fargo rose$. 60 or 1.2 percent, to $48.73.

  • Apartments pushed up US homebuilding in September Friday, 17 Oct 2014 | 8:34 AM ET

    WASHINGTON— Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding. Housing starts rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million homes, the Commerce Department said Friday. Almost all of the gains came from apartment construction— a volatile category— which increased 18.5...

  • Ahead of the bell: US home construction Friday, 17 Oct 2014 | 7:00 AM ET

    WASHINGTON— The Commerce Department reports on U.S. home construction in September. The report will be released Friday at 8:30 a.m. Eastern. Prices rose 6.4 percent in August compared with a year ago, according to real estate data provider CoreLogic.

  • NEW YORK, Oct 16- Wells Fargo is closing down its alternative trading system, or "dark pool," due to decreased customer demand, the company said on Thursday. The move by Wells Fargo comes as regulatory scrutiny over dark pools has intensified over concerns about the lack of transparency in the trading venues. Wells Fargo's dark pool ranks 32nd out of 41 alternative...

  • Final Glance: Banks companies Thursday, 16 Oct 2014 | 6:02 PM ET

    Bank of America Corp. rose$. 32 or 2.0 percent, to $16.08. Citigroup Inc. rose$. 07 or. 1 percent, to $49.75. Goldman Sachs fell $4.66 or 2.6 percent, to $172.58.

  • Midday Glance: Banks companies Thursday, 16 Oct 2014 | 1:21 PM ET

    Bank of America Corp. rose$. 41 or 2.6 percent, to $16.17. Citigroup Inc. rose$. 26 or. 5 percent, to $49.94. Goldman Sachs fell $1.49 or. 8 percent, to $175.75.

  • Early Glance: Banks companies Thursday, 16 Oct 2014 | 11:35 AM ET

    Bank of America Corp. rose$. 03 or. 2 percent, to $15.79. Citigroup Inc. fell$. 32 or. 6 percent, to $49.36. Goldman Sachs fell $3.33 or 1.9 percent, to $173.91.

  • Goldman's earnings beat estimates on trading boost Thursday, 16 Oct 2014 | 7:36 AM ET
    Goldman Sachs signage on the floor of the New York Stock Exchange.

    Goldman Sachs reported third-quarter earnings of $4.57 a share on revenue of $8.39 billion, handily beating analysts' expectations.

  • UPDATE 1-Burger chain Habit Restaurants files for IPO Thursday, 16 Oct 2014 | 7:12 AM ET

    Oct 16- Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, filed with U.S. regulators on Thursday for an initial public offering of common stock. The Irvine, California- based company listed Piper Jaffray, Baird and Wells Fargo among the underwriters to the IPO. The company, which operates the Habit Burger Grill chain of restaurants, offers...

  • Burger chain Habit Restaurants files for IPO Thursday, 16 Oct 2014 | 6:25 AM ET

    Oct 16- Habit Restaurants Inc, a fast-food restaurant chain known for its burgers, filed with U.S. regulators on Thursday to raise up to $86.3 million in an initial public offering of common stock. The Irvine, California- based company listed Piper Jaffray, Baird and Wells Fargo among the underwriters to the IPO. The amount of money a company says it plans to raise in...

  • Final Glance: Banks companies Wednesday, 15 Oct 2014 | 6:07 PM ET

    Bank of America Corp. fell$. 76 or 4.6 percent, to $15.76. Citigroup Inc. fell $1.79 or 3.5 percent, to $49.68. Goldman Sachs fell $1.46 or. 8 percent, to $177.24.

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed down on Wednesday but recovered significantly from historic intraday losses amid concerns about Europe, Ebola and the economy.

  • NEW YORK, Oct 15- Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. At stake is not just the fate of a U.S. drilling frenzy that has transformed the North American energy picture and powered the U.S. economy, but the shape of the global market as OPEC leader Saudi Arabia hopes to take share from U.S. producers.

  • Midday Glance: Banks companies Wednesday, 15 Oct 2014 | 1:17 PM ET

    Bank of America Corp. fell$. 98 or 5.9 percent, to $15.54. Citigroup Inc. fell $2.97 or 5.8 percent, to $48.50. Goldman Sachs fell $5.62 or 3.1 percent, to $173.08.

  • The SEC said Judy Wolf, then at Wells Fargo Advisors LLC, in 2010 closed an internal review of a Brazil- based broker's trading with no findings. The SEC said its staff spotted the alteration after Wells Fargo provided the document as part of the commission's investigation. "Regardless of her motivation, her conduct was inconsistent with what the SEC expects of...

  • Europe tanks on growth fears; CAC down over 3% Wednesday, 15 Oct 2014 | 11:37 AM ET

    European shares closed sharply on Wednesday as investors shunned risky assets on fears of crumbling global growth and weak economic data.

  • Bank bloodletting: What's to blame? Wednesday, 15 Oct 2014 | 11:15 AM ET

    Despite better-than-expected results from many banks, financials was the worst-performing sector on Wednesday morning.

  • Early Glance: Banks companies Wednesday, 15 Oct 2014 | 10:46 AM ET

    Bank of America Corp. fell$. 34 or 2.0 percent, to $16.18. Citigroup Inc. fell $1.14 or 2.2 percent, to $50.33. Goldman Sachs fell $1.64 or. 9 percent, to $177.06.

  • Dow futures briefly drop 150 on weak data, Europe jitters Wednesday, 15 Oct 2014 | 9:15 AM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. stock index futures turned lower on Wall Street on Wednesday as investors digest a mixed bag of earnings releases.