At the moment, banks may be one of the best opportunities for investors.
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July 16 - News
While long-term rates were kept low for quite some time, loan growth at Bank of America Corp (NYSE:BAC) remained sluggish.
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July 16 - News
It's on a roll. Wells Fargo & Co (NYSE:WFC) was trading at $43.35 shortly before 11 a.m. EDT.
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July 15 - News
At mid-morning, shares have risen admirably, building on the momentum the bank's stock price experienced last Friday.
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July 15 - News
Unbowed by the excruciating testimony provided by seven former employees in the Home Affordable Mortgage Program lawsuit currently under way in Boston, Bank of America Corp (...
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July 15 - News
An hour and a half into trading, American International Group Inc (NYSE:AIG) is up by 0.3%: so far handily beating the market, if not quite keeping pace with its financial sector...
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July 15 - News
Wells Fargo & Co (NYSE:WFC) will release its quarterly earnings report on Friday, and some investors are already concerned about the potential for a disappointment.
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July 15 - News
When I run across a company I might be interested in as an investment -- one that I know next to nothing about -- I typically start my investigation by just jumping in and taking...
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July 15 - News
Interest rates on federally subsidized Stafford student loans doubled as of July 1, and since then, Congress has tried to pass a student loan bill that would give students and...
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July 15 - News
Many investors have expected for years that interest rates on mortgage loans would eventually rise from record-low levels.
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July 15 - News
Interest rates are rising, and mortgage rates have gone along for the ride. According to Freddie Mac, for the week of July 12, 2012, the average rate on a U.S.
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July 15 - News
Wall Street bankers make millions of dollars a year, many (many) multiples of what the average Joe makes.
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July 12 - News
Now that things are settled, the Dow Jones Industrial Average can get back to business. Soaring this morning after Mr.
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July 12 - News
In the latest quarter, Blackrock Advisors went shopping for financial stocks. Three of its four big buys are financial stocks of varying types.
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July 12 - News
On one hand, you have high volatility sending shares of the nation's largest banks spiraling higher or plummeting lower on any given day.
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July 11 - News
Bank of America Corp (NYSE:BAC) is perhaps one of the most interesting stories facing investors today.
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July 11 - News
Over the past few years more consumers have become aware of the benefits of a healthier and more natural diet. In 2012 sales of all natural and organic products rose 10% to ...
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July 11 - News
Citigroup Inc (NYSE:C) will release its quarterly report next Monday, and chief among the fears of investors in the big bank is how the recent rise in interest rates will affect...
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July 11 - News
With just a few peaks in trading breaking the barrier between gains and losses today, American International Group Inc (NYSE:AIG) is set to close with a mild loss of 0.13%.
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July 11 - News
Companies like Apple Inc. (NASDAQ:AAPL) have built strong brand followings and created cult-like followings of customers ready to buy the next iProduct.
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July 11 - News
Last month's announcement by salesforce.com, inc. (NYSE:CRM) of its pending acquisition of ExactTarget Inc (NYSE:ET) introduced a new set of worries for those who are trying...
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July 11 - News
The world's wealthiest people are returning to the private banks of some of the world's largest banking institutions, a welcome turnaround from the depressed numbers private bankers...
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July 10 - News
WASHINGTON (AP) -- Federal Reserve officials seem far from a consensus on the question that's consumed investors for months: When will the Fed slow its bond purchases, which have...
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July 10 - News
This afternoon at 2 p.m. EDT, the Federal Reserve's most recent meeting minutes are scheduled to be released.
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July 10 - News
It's been a rocky start today for the Dow Jones Industrial Average (Dow Jones Indices:.DJI), as the index has tumbled after a four-day rally.
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July 10 - News
After three straight days of gains, Bank of America Corp (NYSE:BAC) stock opened down today and has so far stayed down, an hour and a half into trading.
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July 10 - News
Since interest rates have hit bottom -- reducing the revenue that banks generally pull in from products such as loans and securities -- banks have been scrambling to come up with...
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July 10 - News
Two big macroeconomic stories are weighing on the market's collective consciousness today.
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July 10 - News
Earlier this week, Federal Reserve officials unanimously voted to adopt Basel III capital rules for U.S. banks. Effective Jan. 1, 2014, U.S.
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July 9 - News
What are the best opportunities for the second half of 2013 -- and why is there so much upside? Rather than my “Value of the Month” article, I am focusing on five stocks that...
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July 9 - News
It's been a good year thus far for bank stocks, with the KBW Bank Index up by 25% since the beginning of January, but things appear to be stalling today.
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July 9 - News
The Dow Jones Industrials started off the week with a gain of almost 89 points, continuing its strong run upward over the past week or so.
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July 9 - News
Ever since the financial crisis of 2008, almost every major company in the financial industry has virtually lost all of its market value.
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July 9 - News
The wealth-building power of compound interest will never cease to amaze me.
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July 8 - News
It's early in the trading week, but it is apparent that the banking sector is still gleaming from the decent jobs report last Friday, which revealed that nearly 200,000 new jobs...
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July 8 - News
But there's one statistic that continues to fall: the homeownership rate.
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July 8 - News
If you're thinking about buying a home, then you're probably not going to like what I'm about to say.
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July 8 - News
Early in trading, it was looking like the day off for yesterday's Independence Day holiday had given the market some much-needed rest.
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July 7 - News
Shares of Bank of America Corp (NYSE:BAC) are surging today following a drop in mortgage rates and a better-than-expected June jobs report.
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July 5 - News
Although it's been six years since the financial crisis, it is apparent the big banks are still held in low regard by the general public, especially since there always seems to...
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July 5 - News
This morning, the Mortgage Bankers Association announced that applications for home loans fell last week by 11.7% compared with the prior week.
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July 5 - News
Everyone needs a day off once in a while, and the Independence Day holiday yesterday may have given bank investors the little bit of relaxation they needed to end the week on ...
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July 5 - News
Earnings season starts next week and, once again, investors will be looking for signs of whether the fundamental strength of individual companies warrants the large advances in...
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July 5 - News
It's fair to say that Bank of America Corp (NYSE:BAC) is the pariah of the banking world. It found itself at the bottom of the heap in a J.D.
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July 5 - News
Bank of America Corp (NYSE:BAC)'s stock doubled in value in 2012, but investors who purchased shares of the financial behemoth 10 years ago have seen the value of their principal...
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July 5 - News
In this article, I will talk about three of the most compelling opportunities on the Dow Jones Industrial Average.
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July 5 - News
This is going to make for some serious ugliness on bank balance sheets. In the fixed-income market, the basic math is simple: When rates go up, prices go down.
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July 5 - News
Let me be clear from the outset: The Federal Reserve has not only been justified in its aggressive stance toward monetary policy over the past five years, it's also been effective...
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July 5 - News
After a precipitous drop this morning, the Dow Jones Industrial Average (INDEXDJX:.DJI) has completely recovered, and is sitting at a 36-point gain as of 11:30 a.m. EDT.
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July 3 - News
After opening down 2%, about an hour and a half into the trading day, Bank of America Corp (NYSE:BAC) stock is now down only 0.8%. That's some progress.
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July 3 - News