Billionaire hedge fund manager David Tepper's Appaloosa Management hedge fund returned some 30% in 2012, earning Tepper a cool $2.2 billion.
Keep Reading →
March 6 - Hedge Funds
Just about everyone is waiting with bated breath to hear how some of the biggest banks make out when the Fed's stress test results are released tomorrow, with the Comprehensive...
Keep Reading →
March 6 - News
Wells Fargo & Co (NYSE:WFC) has been an American business icon since 1852 and has fueled economic growth since the Gold Rush.
Keep Reading →
March 6 - News
"You are what you measure." So said Citigroup Inc.
Keep Reading →
March 6 - News
This past week was a big week for economic announcements, and though there will be plenty of data released this coming week, bank investors should note that the information released...
Keep Reading →
March 5 - News
Warren Buffett, the Oracle of Omaha, has repeatedly said that the time to buy is when there is blood in the streets.
Keep Reading →
March 4 - News
In February many hedge funds filed their 13Fs for the fourth quarter of 2012.
Keep Reading →
March 4 - Hedge Funds
Bank of America Corp (NYSE:BAC) finished off the trading week on Friday with its head above water, possibly because of the release of its annual report.
Keep Reading →
March 4 - News
Last Friday, Berkshire Hathaway Inc. (NYSE:BRK.B) CEO Warren Buffett released his annual letter to shareholders.
Keep Reading →
March 4 - Hedge Funds
Last summer, Bloomberg's revelation that JPMorgan Chase & Co. (NYSE:JPM) received a de facto taxpayer subsidy of $14 billion made tongues wag for a time, but the subject eventually...
Keep Reading →
March 4 - News
Bank of America Corp (NYSE:BAC) and Citigroup Inc.
Keep Reading →
March 1 - News
The biggest winner in the Dow Jones Industrial Index this morning, Bank of America Corp (NYSE:BAC) is making a strong rebound as we move toward the weekend.
Keep Reading →
March 1 - News
Though estimates vary, it is widely accepted that no more than 400 to 500 managers control about four-fifths of the hedge fund world’s total asset base.
Keep Reading →
February 25 - Hedge Funds
This article is aimed at screening out three US money center banks which are trading below their intrinsic values and can provide investors with an upside.
Keep Reading →
February 25 - News
Mario Gabelli, a value investor who is founder, chairman, and CEO of Gamco Investors Inc. (NYSE:GBL) , recently spoke on CNBC during a Feb.
Keep Reading →
February 23 - News
Things were going so well.
Keep Reading →
February 22 - News
It's been a wild week for Citigroup Inc. (NYSE:C), as the big bank was busy hogging headlines for the better part of the week.
Keep Reading →
February 22 - News
When it comes to investing, going with the crowd will rarely -- if ever -- make you rich.
Keep Reading →
February 22 - News
The Millennial generation of young adults has gotten a lot of attention lately, as they've faced the huge challenge of coming of age in a time of extreme economic pressure and...
Keep Reading →
February 22 - News
It's not everyday that Apple Inc. (NASDAQ:AAPL) gets dethroned, much less by an insurance company.
Keep Reading →
February 21 - News
Goldman Sachs Group, Inc. (NYSE:GS) is a bank that doesn't get much attention from our Foolish readership, and I have yet to figure out why.
Keep Reading →
February 21 - News
Consumer companies, including some of the biggest US banks seem to shy away from making loans as they are lending the smallest portion of their deposits.
Keep Reading →
February 21 - News
When it comes to investing, going with the crowd will rarely -- if ever -- make you rich.
Keep Reading →
February 21 - News
In my study of Wells Fargo & Company (NYSE:WFC) back in September 2011, I had suggested that the banking giant looked “undervalued by historical standards” based on its growth...
Keep Reading →
February 21 - News
There's a certain amount of luck involved in investing.
Keep Reading →
February 21 - News
As my fellow Fool John Maxfield pointed out earlier today, thanks to the latest SEC filings, we now know that Moynihan's pay is set to eclipse $12 million.
Keep Reading →
February 20 - News
A look at hedge fund manager Whitney Tilson's recent investor letter proved interesting.
Keep Reading →
February 20 - News
Capital One Financial Corporation (NYSE:COF) aggressively pursued store credit-card portfolios, and two years ago secured the portfolio of Best Buy Co. Inc.
Keep Reading →
February 20 - News
Not all banks are created equal. But even a seasoned bank analyst can struggle to tell one from another.
Keep Reading →
February 20 - News
After two years of being one of the lowest paid CEOs on Wall Street, Brian Moynihan's patience finally appears to have paid off.
Keep Reading →
February 20 - News
Readers may recognize Karen Finerman’s name from her frequent appearances on financial television. Ms.
Keep Reading →
February 19 - News
Citigroup Inc. (NYSE:C) just announced it will purchase a $7 billion credit card portfolio from Capital One Financial Corp.
Keep Reading →
February 19 - News
When it comes to investing, going with the crowd will rarely if ever make you rich.
Keep Reading →
February 19 - News
When it comes to investing, going with the crowd will rarely if ever make you rich.
Keep Reading →
February 19 - News
The financial sector remains one of the few truly under-appreciated areas of the stock market.
Keep Reading →
February 18 - News
It's fairly well known that, when it comes to having a reputation for being insensitive to customers, Bank of America Corp (NYSE:BAC) pretty much takes the cake.
Keep Reading →
February 18 - News
The financials sector is never short on news, but if you're short on time, let me do the leg work for you. I've dug through the Fool's financial sector coverage over the past...
Keep Reading →
February 18 - News
The big banks have been on a roller coaster ride.
Keep Reading →
February 17 - News
Stocks move every day -- this is a given. Today, Bank of America Corp (NYSE:BAC) dropped pretty rapidly, only to regain its momentum later in trading.
Keep Reading →
February 16 - News
It was a good week for Citigroup Inc. (NYSE:C).
Keep Reading →
February 15 - News
Love it or hate it, Bank of America Corp (NYSE:BAC) is an impressive operation to behold.
Keep Reading →
February 15 - News
In the hedge fund universe, 13F filing season is in full bloom, and while these positions are reported to the SEC with a 45-day delay, this actually improves investors' ability...
Keep Reading →
February 15 - Hedge Funds
This is the forth in a series of five articles covering Bank of America Corp (NYSE:BAC)'s legal problems since the financial crisis. To read the first three, click here, here...
Keep Reading →
February 14 - News
Hedge funds and other major investors continue to file their 13Fs for the fourth quarter of 2012 this week, disclosing many of their long equity positions as of the end of December...
Keep Reading →
February 14 - News
Todd-Veredus Asset Management (TVAM) is an investment adviser based in Louisville, Kentucky with $3.060 billion worth of assets under management as of Dec. 31, 2012.
Keep Reading →
February 14 - News
Avalon Advisors Llc is an investment manager of wealthy families, foundations, endowments, and trusts.
Keep Reading →
February 14 - News
The question on many investors’ minds is: "How will my stocks perform in 2013." Luck seems to be with many investors as 2013 is off to a roaring start.
Keep Reading →
February 14 - News
Whether you're in a personal relationship or a business relationship, no one likes mixed signals. But that's exactly what Citigroup Inc.
Keep Reading →
February 14 - News