Regions Financial shares moved lower Wednesday following a downgrade from Miller Tabak analyst Thomas Mitchell, who also upgraded First Midwest Bancorp.
PennyMac Financial Services has received a pair of analyst upgrades lately following a recent selloff, but an investment in the non-bank mortgage lender and servicer still looks risky.
Bank of America first quarter 2014 analyst estimates are considerably higher than they should be as many analysts still need to update their targets to reflect a multi-billion dollar settlement the bank reached with Fannie Mae and Freddie Mac five days ago.
BP plc U.S.-listed shares have gained 1.86% in the two trading days since it first reported an oil spill at its Whiting refinery in Lake Michigan on Monday, outpacing shares of other large oil companies.
Ally Financial is preparing to go public as the U.S. Treasury looks to further reduce its stake in the former GMAC Inc., which it bailed out during the 2008 financial crisis.
Bank of America reached an agreement to settle litigation with Fannie Mae and Freddie Mac over problem mortgage backed securities.
JPMorgan Chase is trying to make lemons into lemonade by using the departure of a key executive to continue its endless lobbying for lighter regulations.
JPMorgan Chase corporate and investment bank co-head Mike Cavanaugh has become the latest departure among executives seen as potential successors to CEO and Chairman Jamie Dimon.
General Electric GE clearly needs a major shakeup, and you have to wonder how long it will take before the need for the company to do something starts grabbing headlines on a regular basis.
Crowdfunding was the somewhat surprising subject of a speech by Federal Reserve Governor Jeremy Stein on Monday.