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Richard Bove, financial strategist at Rochdale Securities, is bullish on the US banking sector as he sees an improvement in banks' overall operating businesses.
The world's largest natural gas company, Russia's Gazprom, has after years of attempts finally gotten a foothold in the U.S., the world's biggest gas market.
For the last eight weeks, nearly 200 federal examiners have labored inside some of the nation’s biggest banks to determine how those institutions would hold up if the recession deepened, the New York Times reported.
Global stocks were up Thursday, ahead of the long Easter weekend, with banks and commodities leading the gains. Experts tell CNBC that while caution should reign when investing in banking stocks, commodities have potential over the long term.
Global stocks were down Wednesday, after poor results from U.S. aluminum producer Alcoa dragged Wall Street lower and sparked fears of a disappointing earnings season. Experts tell CNBC they see value in banks in China and Singapore, but stress caution when approaching markets.
Global stocks were mixed Tuesday with the banks dragging the most after noted analysts Meredith Whitney and Mike Mayo warned on the sector ahead of U.S. earnings season. Experts tell CNBC that more pain is ahead for financials and as a result, investors should avoid them.
Global stocks started the week in positive territory Monday, with banks and oils leading the gain, as investors became more reassured that the global economic slowdown has bottomed. Experts tell CNBC how to make money at this time.
Lenders are boosting their attempts to avoid home foreclosures, but fewer than half of loan modifications made at the end of last year actually reduced borrowers' payments by more than 10 percent, data released Friday show.
Global stocks slipped Friday as the positive sentiment stemming from the G20 summit's coordinated action and united front diminished and was replaced by caution ahead of the U.S. nonfarm payrolls report.
Investors have cheered any sign that a recovery is not far and waves of optimism have been sweeping the markets lately, but although the recent rally still has legs, upside potential is limited, Royce Tostrams, technical analyst at Tostrams Groep told CNBC.
Global stocks were higher Thursday and leaders from around the world met in London for the G20 summit, aiming to tackle the financial crisis and economic slowdown. On this positive note, experts tell CNBC various Asian markets are beginning to look attractive.
Global stocks were mostly lower Wednesday, the first day of the second quarter, as political and finance leaders swarm to London for the G20 summit. Experts tell CNBC that we are still in a bear market, despite the recent rally, and advises investors to sell into these bear-market rallies.
Global stocks were in the red Monday after a U.S. task force rejected turnaround plans for General Motors and Chrysler, sparking a fresh wave of risk aversion among investors. Experts tell CNBC how to invest throughout the credit crunch.
After a rocky start, stocks barreled higher Tuesday fueled by a surge in techs and a report that showed new home construction unexpectedly jumped in February. Even banks posted strong gains.
Stocks struggled to hold gains Tuesday as investors were encouraged by a report that showed new home construction unexpectedly jumped in February but banks wobbled.
Stocks struggled at the open Tuesday as investors were encouragd by a report that showed new home construction unexpectedly jumped in February but banks wobbled.
Futures rebounded Tuesday after a report showed new home construction unexpectedly jumped in February.
The FTSE 100 index's 3,750 close last week was "quite exciting," according to Nick Batsford, technical analyst at Hobart Capital, said Monday. "People are almost turning bullish," he added.
Stocks went four for four Friday in a dramatic win that delivered stocks their best week since November.
Stocks opened slightly higher Friday amid some much-needed good news from banks.