The four largest health insurance companies in the US denied coverage to more than half a million individuals because of their pre-existing conditions from 2007 to 2009, according to a congressional investigation.
Short interest outstanding of Bank of America jumped to 153 million shares from 128 million during the first half of the month. Bank of America is also the third largest short position on the NYSE. A report from TheStreet.
Gabriel Moreen of Bank of America/Merrill Lynch was named the top Master Limited Partnerships (MLP) analyst by Institutional Investors’ 2010 All-American Research Team survey on Tuesday. He shared his sector outlook and best plays.
Lisa Gill of JPMorgan was named the top health care analyst by Institutional Investors’ 2010 All-America Research Team survey on Tuesday. She shared her sector outlook and best plays.
When Russia’s largest internet group, Mail.ru, announced investors would have an opportunity to take an indirect stake in the social networking site, it begged the following question:
The major issue for banks this quarter is that core earnings are going down for the industry and that’s what investors will be looking at, said Richard Bove, financial strategist at Rochdale Securities.
Regulators are struggling to create a global mechanism that could wind down a big financial institution without the disruption caused by Lehman Brothers’ collapse in 2008, reports the Financial Times.
Here are 9 dirt-cheap stocks that analysts gave positive reviews, in part because they're so cheap. Some are predicted to double or triple in the next year. They're ordered by forward earnings multiple, from cheap to cheapest. ...A report from TheStreet.
The dollar continued to fall Monday, after declining more than 8 percent in the previous quarter. How will the weak dollar impact companies when they start to report earnings? Alan Lancz, president of Alan B. Lancz & Associates, shared his outlook.
Most market participants expect the Federal Reserve to resume buying assets, and do so in a sizeable way, according to a CNBC survey. How will the move affect markets? Jim Lacamp, portfolio manager at Macropotfolio Advisors and Craig Peckham, managing director and equity product strategist at Jefferies shared their outlooks.
Is a national moratorium on foreclosures the right thing to do—and what does it mean for the banking stocks? Jim Meyer, CIO and co-founder at Tower Bridge Advisors, shared his insights.
Gannett is ripping higher, and traders are looking for more upside ahead of the company's earnings report at the end of this week.
"Executives are thinking about deferred compensation choices — deferring bonuses and income, which they can choose to do," says Greg Rosica, a tax partner at Ernst & Young. ...A report from TheStreet.
Among the most wrong-headed of possible SEC proposals to “fix” the markets is a sentimental appeal to establish a “special status” for market makers like the days of old when “the specialists on the dominant exchanges were subject to significant trading obligations designed to promote fair and orderly markets and fair treatment of investors.”
Stocks were mixed Friday as investors digested the implications of a weak jobs report. Bill Spiropoulos, CEO of CoreStates Capital Advisors and Chip Cobb, senior vice president at Bryn Mawr Trust shared their outlooks.
Stocks slipped Friday after a disappointing jobs report heightened expectations that that the Federal Reserve will pump more money into the financial system—action known as quantitative easing—to help spur growth. Arthur Hogan, director of global equity products at Jefferies, shared his insights.
The investor remains cautious, due to the recession and the so-called flash crash in May, TD Ameritrade CEO Frederic Tomczyk told CNBC Friday, but he said that he or she will eventually come back.
PepsiCo’s net income rose 12 percent on strong sales gains abroad and strength in its drinks and snacks division. However, the beverage giant lowered the top end of its guidance for the fiscal year because it expects to be hurt by changes in currency exchange rates. Jonathan Feeney, senior analyst at Janney Montgomery, shared his insights.
Should you be a trader or an investor in this type of volatile market? Scott Redler, chief strategist officer at T3live.com shared his insights.
Since the Dow first settled above 11,000 on May 3, 1999, it has closed above this milestone 27% of the time (780 out of the last 2,878 trading sessions, or 11+ years of trading). Here are some vital stats, including oil, gold, bonds and stocks the Dow dropped since 1999.