RSS Feed
- Big Bank Phobia: Not Too Big to Fail
- Expect Your Health Care in Retirement to Hit $200,000
- Why Car Prices Vary From City To City
- Biotech Stock Mailbag: Vical, Sangamo, Spectrum Pharma
- 5 Worst Home Renovation Projects
Article
Shareholders voted against splitting CEO James Dimon's two roles by an even wider margin than last year, sending the shares up 1.4%.
04:42PM 05/21/13
Article
Tornadoes Are Growing Threat From Population Movement (Update 1)
The migration to rural areas has led to increased economic losses from tornadoes, even if the number of tornadoes hasn't grown in recent years.
12:07PM 05/21/13
Article
Now Is Not the Time to Insult Dimon
The JPMorgan CEO's excellent track record speaks for itself, and separating his CEO and chairman roles would do nothing for shareholders.
07:46AM 05/21/13
Article
Bank Stocks Do It Again: Financial Winners
Bank stocks continued their remarkable run on Monday, even though the broad market was flat.
04:44PM 05/20/13
Article
GE Capital to Pay $6.5 Billion Dividends to GE (Update 1)
GE Capital will pay even more in dividends to General Electric than it did last year, feeding a huge capital return to shareholders.
11:23AM 05/20/13
Article
'Easy Money' Over for Bank of America Stock: KBW
With Bank of America's shares trading right at tangible book value, KBW analyst Christopher Mutascio thinks it's time for investors to take a breather.
10:31AM 05/20/13
Article
Big Bank Phobia: Glass-Steagall Would Be Folly
Separation of investment banks from commercial banks would weaken the investment banks and make big failures, and bailouts, more likely.
07:30AM 05/20/13
Article
Big Banks: Friday Financial Winners
Investor euphoria resumed on Friday as the broad indices pushed further into record territory, with bank stocks again leading the way.
04:26PM 05/17/13
Article
Big Bank Phobia: Liquidity, Stupid, Not Just Capital
The Federal Reserve's annual stress tests need to incorporate liquidity, since overnight funding lockups and bank runs cause bank failures.
08:00AM 05/17/13
Article
Regions Financial: Bank Stock Loser
Banks stocks were mostly lower on Thursday, following a disappointing batch of economic reports.
04:31PM 05/16/13
Article
Big Bank Phobia: Not Too Big to Fail
While it is stylish for politicians to cry for the end of 'too big to fail' banks, a rational reduction of systemic risk requires more thought.
08:22AM 05/16/13
Article
Bank stocks led the broad market again on Wednesday, as the Dow Jones Industrial Average and S&P 500 hit new highs.
04:41PM 05/15/13
Article
HSBC Makes U.S. Banks Look Fat and Lazy
HSBC is in the midst of a remarkable turnaround and on Wednesday announced plans to maintain a very strong efficiency ratio.
10:53AM 05/15/13
Article
Bank of America 'Close to Fair Value': Analyst
Deutsche Bank analyst Matt O'Connor raised his price target for Bank of America's shares by two dollars, but stuck with a neutral rating.
09:53AM 05/15/13
Article
Bank Stocks Lead Bulls: Financial Winners
Bank stocks led the way on Tuesday, as the Dow Jones Industrial Average and S&P 500 both hit new highs.
05:17PM 05/14/13
Article
Cullen/Frost Has Earned Its Premium, and More
The stock has the highest forward P/E among components of the KBW Bank Index, justified by strong long-term earnings and growth prospects.
10:23AM 05/14/13
Article
Trust and Custody Banks: Financial Winners
Decent economic reports on Monday fed a rise in trust bank stocks, while large mortgage REITS fared poorly.
04:41PM 05/13/13
Article
GE Industrial Profit Will Grow by 10%: Oppenheimer
Oppenheimer analyst Christopher Glynn sees very strong industrial earnings trends for General Electric.
12:23PM 05/13/13
Article
U.S. Bancorp trades lower to earnings estimates than most regional bank peers, despite having the best long-term earnings track record.
10:55AM 05/13/13
Article
Morgan Stanley: Financial Winner
Stocks were strong on Friday as the dollar continued to strengthen and the price of gold sank by over 2%.
04:21PM 05/10/13
Article
Wells Fargo's Expense Cuts Can Offset Declining Mortgage Volume
According to Franklin Codel, the bank's head of mortgage production, expenses will automatically be reduced as loan demand declines.
11:27AM 05/10/13
Article
Uncle Sam: Fannie Mae Financial Winner
Fannie on Thursday announced it would pay a $59.4 billion dividend to the government, showing how lucrative the GSE bailout is becoming.
04:37PM 05/09/13
Article
van Doorn: Fannie Mae Is a Government Cash Machine
The profitable mortgage giant will make a $59.4 billion dividend payment to the U.S. Treasury after a huge release of deferred tax assets.
03:46PM 05/09/13
Article
Wells Fargo Will Build on Credit Card Success: Citi
Wells Fargo showed the strongest credit card growth among major lenders in the first quarter, and is poised for even greater expansion.
11:06AM 05/09/13
Article
Most bank stocks headed higher on Wednesday, as the broad market remained hot.
04:39PM 05/08/13
Article
HSBC 'Best Counterparty in Global Banking Today': Bernstein
The global banking giant posted some very impressive first-quarter earnings numbers and BernsteinResearch sees 17% upside for the stock.
11:31AM 05/08/13
Article
KeyCorp Run-Up Is Unjustified, Says KBW
Even if higher EPS estimates for KeyCorp hold up, KBW analyst Christopher Mutascio says investors should steer clear of the stock.
09:59AM 05/08/13
Article
JPMorgan Chase: Financial Winner
Most bank stocks headed higher on Tuesday, despite a report from the Federal Reserve of slowing consumer credit growth.
04:22PM 05/07/13
Article
5 Bank Takeout Targets, Up to 26% Upside: KBW
Bank M&A deal volume remains "subdued" according to KBW, but banks that have completed deals are seeing their stocks outperform peers.
10:16AM 05/07/13
Article
10 Cheapest Bank Stocks to Forward Earnings (Update 3)
Even after solid performance for the banking sector this year, on the heels of last year's strong recovery, there are plenty of bank stock bargains to be found.
04:25PM 05/06/13
Article
Bank of America: Mortgage Overhang Removal Winner
The good news for the bank includes many institutional investors dropping their objections to a settlement, and a sweet deal with MBIA.
04:21PM 05/06/13
Article
AIG: Benmosche Transformation Winner
Shares of American International Group rose 6% on Friday, after the company's property and casualty unit returned to profitability.
04:17PM 05/03/13
Article
Benmosche Triumphs as AIG Swings to P&C Underwriting Profit (Update 1)
With better pricing and a declining loss ratio, AIG reported a first-quarter underwriting profit and blew past the consensus EPS estimate.
11:00AM 05/03/13
Article
Morgan Stanley: Financial Winner
Bank stocks recovered from Wednesday's disappointing job growth report, as jobless claims dropped to their lowest level in five years.
04:14PM 05/02/13
Article
After a slowdown for loan growth in the first quarter, FIG Partners analyst John Rodis sees activity for small to mid-sized banks picking up.
07:00AM 05/02/13
Article
Bank Stocks Losers on Disappointing Jobs Indicator (Update 1)
Most bank stocks headed lower Wednesday afternoon, after a disappointing private-sector employment growth report from ADP.
04:26PM 05/01/13
Article
Fifth Third: Bank Stock Winner
Bank stocks were mostly higher on Tuesday, after the S&P/Case-Schiller Indices showed sustained momentum for the U.S. housing recovery.
04:26PM 04/30/13
Article
3 Top Picks in Regional Banks: Oppenheimer
The trend of meeting EPS estimates through expense cuts could signal a rough period for regional banks, but there are still some undervalued shares.
10:27AM 04/30/13
Article
Morgan Stanley: Settlement Winner
Most bank stocks were up on Monday, with reports of increasing pending home sales and a slower increase in consumer spending in March.
04:46PM 04/29/13
Article
Even Wells Fargo Challenged by Brown-Vitter
Wells Fargo would fare best among big banks under Brown-Vitter, but would still need to raise a boatload of additional capital to comply.
11:10AM 04/29/13
Article
SunTrust To 'Outperform Peers Going Forward': FBR
The Atlanta lender should "garner a higher multiple and outperform peers going forward," according to FBR analyst Paul Miller.
09:13AM 04/29/13
Article
Most bank stocks headed lower on Friday after a disappointing first-quarter GDP number was announced.
04:32PM 04/26/13
Article
ConnectOne Posts Solid Numbers Following IPO
After completing the first successful U.S. bank IPO since 2011, ConectOne of Englewood Cliffs, N.J., reported strong first-quarter results.
10:37AM 04/26/13
Article
Senators Try to Gum Up Dodd-Frank (Update 1)
A bill proposing a 15% capital requirement on the largest U.S. banks confuses the massive effort to comply with Dodd-Frank and Basel III.
06:45AM 04/26/13
Article
Bank stocks were mostly higher on Thursday, after the Department of Labor reported a reduction in unemployment claims.
04:30PM 04/25/13
Article
N.Y. Community Bancorp is a Feast or Famine
Analysts have dramatically opposing views about the bank's prospects for maintaining its industry-leading dividend.
09:07AM 04/25/13
Article
Regions Financial: Bank Stock Winner Again
The Birmingham, Ala., lender led bank stocks again on Wednesday, after showing good first-quarter progress on Tuesday.
04:56PM 04/24/13
Article
Discover Keeps Cooking With 27% Return on Equity (Update 1)
Long-term investors can't afford to ignore the card lenders continued growth and consistent solid returns.
12:01PM 04/24/13
Article
Regions Financial: Earnings Winner
Investors cheered an earnings beat by Regions Financial, driven by improving credit and lower expenses.
04:10PM 04/23/13
Article
Bank of America Has 37% Upside: Morgan Stanley (Update 2)
A potential 34% earnings increase is not reflected in Bank of America's stock price, according to Morgan Stanley analyst Betsy Graseck.
12:51PM 04/23/13
Article
First Niagara: Financial Winner
Guggenheim Securities analyst David Darst says investors are feeling "more comfortable" about the bank's prospects.
04:48PM 04/22/13
Article
Stop Buying General Electric: JPMorgan (Update 1)
JPMorgan analyst Stephen Tusa downgrades GE, saying 'the stock is dead money near term.'
10:49AM 04/22/13
Article
GE Beats Estimates, Revenue Falls (Update 2)
General Electric beats the consensus first-quarter earnings estimate by 4 cents, although its industrial revenue declines 6%.
04:33PM 04/19/13
Article
Capital One: First-Quarter Bounceback Winner (Update 1)
The credit card lender's stock rose more than 6% after the company reported strong first-quarter operating earnings growth.
04:30PM 04/19/13
Article
State Street Beats as Most Revenue Items Increase (Update 1)
State Street reported increases in fees and trading revenue that more than offset a decline in net interest revenue.
11:14AM 04/19/13
Article
SunTrust Reports Big Drop in Expenses (Update 1)
The regional lender's first-quarter mortgage revenue declined as expected, but net income was down only slightly from the previous quarter.
11:11AM 04/19/13
Article
Morgan Stanley: Earnings Loser (Update 1)
The investment bank's shares were down 5% after its first-quarter earnings beat the consensus estimate because of a tax benefit.
04:12PM 04/18/13
Article
KeyCorp Beats as Expenses Decline (Update 1)
The lender reported a sharp decline in expenses, and CEO Beth Moody expects annualized savings of $200 million by the end of 2013.
01:59PM 04/18/13
Article
Fifth Third Continues Strong Commercial Loan Growth (Update 1)
The regional lender beats the consensus first-quarter EPS estimate by a nickel, even when adjusting for a gain on holdings of Vantiv shares.
01:52PM 04/18/13
Article
GE's Messy First Quarter: What to Expect
GE's first-quarter earnings report on Friday will be a complicated affair, including the sale of the remaining stake in NBCUniversal.
07:00AM 04/18/13
Article
Bank of America: Earnings Loser (Update 1)
Bank of America leads financial stocks sharply lower on Wednesday.
04:06PM 04/17/13
Article
Bank of New York Mellon Misses on Operating EPS
The custody and processing bank reports a net loss on a preannounced tax charge, with flat fees and other revenue.
08:39AM 04/17/13
Article
Huntington Focuses on Long-Term Market Share Growth
Huntington CEO Stephen Steinour says the company will see an eventual payoff of its market share increase when interest rates rise.
08:27AM 04/17/13
Article
Citigroup: Earnings Winner Again
Citigroup again outperformed the financial sector on Tuesday, as investors continued to celebrate the company's long-term recovery.
04:16PM 04/16/13
Article
Comerica Beats on Expense Reduction (Update 1)
Despite revenue declines, the Dallas lender's earnings increased and beat the consensus estimate as headcount and salary expenses fell.
11:28AM 04/16/13
Article
U.S. Bancorp Expense Decline Counters Mortgage Drop (Update 1)
The Minneapolis lender meets earnings expectations, as a decline in mortgage-related expenses offset a sharp decline in mortgage revenue.
11:17AM 04/16/13
Article
Citi Beats Estimates on Stronger Trading (Update 3)
Citigroup reports solid trading and investment banking results, as credit continues to recover and the balance sheet continues to strengthen.
04:29PM 04/15/13
Article
Citigroup: Balance Sheet Improvement Winner
Citi bucked the trend on a lousy day for the broad market for and bank stocks, with shares up slightly, following a strong earnings report.
04:20PM 04/15/13
Article
Wells Fargo Earnings Growth 'Set to Stall': Analyst
In contrast to others, Atlantic Equities analyst Richard Staite sees 'shares trading broadly sideways over the coming year.'
10:52AM 04/15/13
Article
M&T Bank: Hudson City Deal Delay Loser
M&T's stock sank after the Buffalo, N.Y., lender announced its acquisition of Hudson City Bancorp would be delayed over regulatory concerns.
04:42PM 04/12/13
Article
Fifth Third Bancorp: Financial Winner
Bank stocks were mixed, after numbers from the Department of Labor showed a weekly decline in unemployment applications.
04:29PM 04/11/13
Article
Bank of New York Mellon: Today's Financial Winner
Bank stocks get a boost after the minutes of the latest Federal Open Market Committee showed support for the central bank's stimulus.
04:51PM 04/10/13
Article
4 Mid-Cap Bank Stock Value Plays From UBS
UBS analyst Stephen Scinicariello sees 'relative value' for investors in these regional bank stocks.
11:23AM 04/10/13
Article
The Long-Term Case for Wells Fargo and U.S. Bancorp (Update 2)
These banks just keep bringing home the bacon for investors.
04:34PM 04/09/13
Article
Most bank stocks traded higher on Tuesday, along with the broad market, as investors looked forward to a slew of earnings reports.
04:32PM 04/09/13
Article
First Niagara: Stock Upgrade Winner
The bank's eventual replacement of ousted CEO John Koelmel could be a 'catlalyst' for its shares, according to KBW analyst Damon DelMonte.
04:32PM 04/08/13
Article
GE to Buy Lufkin Industries in $3.3B Cash Deal (Update 4)
GE is paying a 38% premium for the manufacturer of oil well equipment.
01:38PM 04/08/13
Article
Bank stocks recovered late on Friday from earlier losses, after official numbers showed a sharp slowdown in U.S. employment growth during March.
04:34PM 04/05/13
Article
Silver Lining for Wells Fargo on Mortgages: JPMorgan
Wells Fargo faces a huge decline in mortgage origination income, but nearly all of that decline could be offset by other mortgage items.
10:42AM 04/05/13
Article
Bank stocks led the market higher on Thursday, as news of economic stimulus in Japan overshadowed rising U.S. unemployment claims.
04:36PM 04/04/13
Article
12 Regional Bank Stock Picks from Jefferies
Slow loan growth and declining mortgage income set up a rough earnings season, notes Jefferies analyst Ken Usdin.
10:27AM 04/04/13
Article
Prudential Sues Bank of America for 'Racketeering'
Prudential has filed a complaint saying Bank of America and Merrill Lynch schemed to defraud the insurer on $2 billion in MBS sales.
05:37PM 04/03/13
Article
Big bank stocks took a pounding on Wednesday, after ADP announced a sharp decline in private-sector job creating during March.
04:35PM 04/03/13
Article
Wall Street Journal Misses Fannie Preferred Point
Fannie Mae's dividends to the government may reach epic proportions, setting up a potential battle royal with junior preferred shareholders.
12:16PM 04/03/13
Article
Fannie Mae: Money-Making Winner
Fannie's shares gave up earlier gains to close with a 13% gain after the government sponsored mortgage giant reported record earnings.
04:43PM 04/02/13
Article
5 Regional Banks to Watch Heading Into Earnings (Update 2)
In a difficult operating environment, banks continue looking to boost earnings through expense cuts and share buybacks.
01:49PM 04/02/13
Article
Bank stocks led the broad market lower on Tuesday, after the ISM manufacturing index came in lower than expected.
04:36PM 04/01/13
Article
Morgan Stanley: Financial Loser
The broad market was strong Thursday, but bank stocks trailed, following disappointing economic reports and the reopening of Cypriot bank.
04:18PM 03/28/13
Article
The Cyprus bank 'bail-in' shows why it's better for some European countries to have their own floating currencies.
10:30AM 03/28/13
Article
Stay Away From Check Cashers, Go to Walmart
The addition of FDIC Insurance and a checkbook balancing 'alternative' make Bluebird from Walmart and American Express a winner.
06:30AM 03/28/13
Article
JPMorgan: Political Pin Cushion Loser
JPMorgan Chase led bank stocks lower after the New York Times said federal prosecutors were looking at the company's ties to Bernard Madoff.
04:24PM 03/27/13
Article
Force-Placed Insurance Is a Necessary Good
Headlines have focused on the big bad banks' practice of forcing mortgage borrowers to have insurance, but it's actually a good thing.
10:18AM 03/27/13
Article
Bank of America: Buffett Deal Loser
The bank's shares pulled back as Warren Buffett's deal to convert his Goldman Sachs warrant highlighted his Bank of America warrant.
04:24PM 03/26/13
Article
Sell Dell, Buy Apple (Update 3)
Investors playing Dell's shares on the hope of a takeout bid trumping Michael Dell's offer are risking plenty with little reward.
05:09PM 03/25/13
Article
U.S. bank stocks were weak on Monday, although the reaction to the Cyprus bailout deal could only be considered mild.
04:39PM 03/25/13
Article
Fannie Mae Preferred Shares: Financial Winners
The preferred shares continued to rise on Friday, as investors looked far ahead to the eventual repayment of the GSEs' government bailout.
04:32PM 03/22/13
Article
Wild Stock Action Continues for Fannie Preferred (Update 1)
Fannie Mae's preferred shares popped again Friday morning, while trading action seemed to settle for common shares of Fannie and Freddie Mac.
02:08PM 03/22/13
Article
Sell Fannie and Freddie Common, Buy the Preferred (Update 3)
Daytraders have feasted on the government-sponsored mortgage giants' common stocks, but the preferred shares are a better long-term play.
04:41PM 03/21/13
Article
Fannie and Freddie Common Shares Sink: Financial Losers
Common shares of both mortgage giants pulled back sharply following a two-day pop, while Fannie's preferred shares soared.
04:41PM 03/21/13
Article
Fannie and Freddie Keep Soaring: Financial Winners
Shares of the mortgage giants popped for a second day on the possibility that deferred tax assets will help them repay their bailouts.
04:33PM 03/20/13