Google became the world's most valuable brand this year, while Coca Cola dropped out of the top ten global brands for the first time, according to the 2011 Brand Finance ranking of the most valuable 500 brands across the globe.
Stocks ended off the highs of the day on Friday, and lower for the week, amid a still uncertain global environment rocked by uncertainty in the Middle East and Japan, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar rose, while Travelers fell.
Stocks traded off the highs of the day before the close amid a still uncertain global environment rocked by uncertainty in the Middle East and Japan, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar rose, while Travelers fell.
Whenever Wall Street gets news it expected the risk is always for a selloff, as traders generally price in the development ahead of time and then take profits.
If your instinct is to sell banks on the news, Fast Money trader Joe Terranova thinks you've got it all wrong.
After receiving permission from the Federal Reserve, several major banks including JP Morgan Chase and Wells Fargo have raised its dividends, which is a start and a step in the right direction, but well below where we've been," Jill Evans, portfolio manager Alpine Dynamic Dividend Fund, told CNBC on Friday.
The Fed’s bank stress tests long have been thought of as little more than a pro forma exercise to let Wall Street’s lucky and leveraged start to increase dividend payouts, but the lists of winners and losers could get interesting.
These announcements have been widely anticipated in the analyst community.
Stocks pared gains as news that fighting in Libya was continuing despite Libya's pronouncement that it was ceasing military operations, although bank stocks got a lift as institutions began announcing dividend increases. JPMorgan and Caterpillar led the gainers.
The Federal Reserve will inform some U.S. banks on Friday that they passed a new round of stress tests, giving them the green light to raise dividends for the first time since the financial crisis, the Wall Street Journal reports.
Was Tuesday’s rally a blip in a new bear market? Or is the bull getting ready to rumble?
Even as ordinary investors look forward to the prospect of larger dividend payouts by the big banks, another group is poised for a rich payday: bank chief executives, the New York Times reports.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
Stocks climbed to near the highs of the day ahead of the close as investors stepped back into the market to send it broadly higher after all the major indices fell to their lows for the year on Wednesday. HP and Chevron rose, while Kraft fell.
Six months after the Federal Housing Administration announced an $11 billion refinancing initiative for these “underwater” borrowers, nearly two dozen lenders have agreed to take part in a new loan modification program,the New York Times reports.
U.S. companies reported varying impact from the 8.9 magnitude earthquake that shook Japan on Friday.
Instituting a “top-down” plan to forgive payments for underwater mortgages, which has been proposed by state attorneys general to boost the ailing housing market, would offer "poor" incentives and be “bad” for the country, John Stumpf, CEO of Wells Fargo, told CNBC Friday.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
iPad hits stores, NFL labor deadline approaches and Saudi Arabia braces for "Day of Rage." Here's some of what we’re watching – and therefore you should as well.
Stocks closed near session lows, and below psychologiclaly important levels, as global worries triggered by European sovereign debt and a slowing in Chinese growth escalated after news of violence against protesters in Saudia Arabia. Caterpillar and Exxon led decliners, while McDonald's rose.