The department of justice has struck again, this time imposing a $7 billion fine on Citigroup Inc.
Keep Reading →
July 15 - News
Wells Fargo & Co (NYSE:WFC) which is one of the biggest banks in the World reported net income of $5.7 billion, up 4% from second quarter of last year, while diluted earnings...
Keep Reading →
July 14 - Earnings Report, News
A few days ago, Matthew Lindenbaum’s Basswood Capital, filed a Schedule 13F with the SEC, disclosing his long equity positions as of June 30, 2014.
Keep Reading →
July 10 - Hedge Funds, News
The Federal Reserve wants to make sure that the banks like Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
Keep Reading →
June 26 - Economy, News
The US billionaire’s firm and Irish investment house Cardinal have signed a joint venture which aims to raise €400m for property investments.
Keep Reading →
June 11 - Hedge Funds
May 15 marked the end of the first round of 13F filings of 2014.
Keep Reading →
May 16 - Hedge Funds, News
On Monday May 12, ValueAct Capital, managed by Jeffrey Ubben, declared the purchase of more than 2.95 million shares of Microsoft Corporation (NASDAQ:MSFT), which already is the...
Keep Reading →
May 13 - Hedge Funds, Insider Trading, News
Harris Associates is a Chicago-based fund, which is wholly owned by Natixis Global Asset Management, a French financial services company, whose principal owner is BPCE, one of...
Keep Reading →
April 28 - Hedge Funds, News
Love them or hate them, banks are an important and prominent feature in today’s society.
Keep Reading →
April 7 - Lists
Warren Buffett's Berkshire Hathaway redeemed an aggregate of $56.17 million worth of Convertible Senior Notes of USG Corporation (NYSE:USG), shortly after the latter announced...
Keep Reading →
March 25 - Hedge Funds, News
Billionaire Wilbur Ross invited Paul Ryan over for lunch. Goldman Sachs Group, Inc.
Keep Reading →
March 12 - Hedge Funds
Lou Simpson, a former understudy of Warren Buffett, is the manager of SQ Advisors. Simpson has enjoyed great success running GEICO, returning an average of 24% annually.
Keep Reading →
March 5 - Hedge Funds, News
In its latest 13F, John Horseman's Horseman Capital Management has disclosed its holdings as held at the end of the fourth quarter of 2013.
Keep Reading →
February 20 - Hedge Funds, News
In the current round of 13F filings, hedge funds and other institutional investors are disclosing their equity portfolios as held at the end of the last year.
Keep Reading →
February 14 - Hedge Funds, News
Warren Buffett and Berkshire and Graham Holdings Co (NYSE:GHC) are discussing to acquire an unformed subsidiary of Graham, according to a filing with the Securities and Exchange...
Keep Reading →
February 13 - Hedge Funds, News
The stock market’s decline this year is healthy and the Standard & Poor’s 500 Index probably will end 2014 higher, Leon Cooperman, chairman of hedge fund Omega Advisors Inc...
Keep Reading →
February 5 - Hedge Funds
Since we are past the fourth quarter, we are entering the period when investors publish their 13F filings with the Securities and Exchange Commission.
Keep Reading →
January 8 - Hedge Funds, News
There are three types of investors: smart, dumb, and dumber. Eugene Fama is best known for his Efficient Market Hypothesis.
Keep Reading →
December 11 - Hedge Funds, News
It’s widely assumed that Warren Buffett doesn’t invest in technology stocks, but in recent years, this belief has contrasted with reality.
Keep Reading →
October 31 - Hedge Funds, News
Did you know we're in the midst of Financial Planning Week? It didn't register high on my radar either.
Keep Reading →
October 15 - News
By now you probably know the story. Hedge fund activity is worth paying attention to if you know where to look.
Keep Reading →
October 11 - Hedge Funds, News
Warren Buffett strategy: If his recent impersonation of Breaking Bad’s Heisenberg has shown us anything, it is now clearer than ever that Warren Buffett is one tough dude.
Keep Reading →
October 4 - Hedge Funds
Warren Buffett is synonymous with value investing and investment success. Buffett has consistently delivered profits to his investors in Berkshire Hathaway Inc.
Keep Reading →
October 3 - Hedge Funds
Warren Buffett is synonymous with value investing and investment success. Buffett has consistently delivered profits to his investors in Berkshire Hathaway Inc.
Keep Reading →
September 23 - Hedge Funds
In a slow-growth economy, dealmaking can lead to sales synergies and better operating leverage.
Keep Reading →
September 18 - Hedge Funds
This is truly a golden era for dividend-hungry investors.
Keep Reading →
September 17 - Dividend Stocks, News
Recent news regarding the resurgence in automobile sales often cites how automakers such as Ford Motor Company (NYSE:F), Toyota Motor Corporation (ADR) (NYSE:TM), and General...
Keep Reading →
September 16 - News
Editor's Note: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), American International Group Inc (NYSE:AIG), Goldman Sachs Group...
Keep Reading →
September 13 - News
Editor's Note: Related tickers: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co.
Keep Reading →
September 12 - News
That's the easy conclusion to draw when looking at the actions of the nation's top hedge fund managers.
Keep Reading →
September 12 - News
It has been five years since the banking industry experienced a gigantic crisis stemming from the housing market, derivatives, and an overall lack of risk control.
Keep Reading →
September 11 - News
A lawsuit accusing Bank of America Corp (NYSE:BAC) of reneging on promises to help distressed homeowners modify their mortgage loans, and instead driving them into foreclosure...
Keep Reading →
September 5 - News
Editor's Note: Annaly Capital Management, Inc. (NYSE:NLY), American Capital Agency Corp. (NASDAQ:AGNC), CYS Investments Inc (NYSE:CYS), ARMOUR Residential REIT, Inc.
Keep Reading →
September 5 - News
Editor's Note: Related tickers: Bank of America Corp (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Rockwell Collins, Inc.
Keep Reading →
September 4 - News
A probe of JPMorgan Chase & Co (NYSE:JPM) hiring practices in China has uncovered red flags across Asia, including an internal spreadsheet that linked appointments to specific...
Keep Reading →
August 30 - News
It’s been nearly a year since the U.S.
Keep Reading →
August 28 - News
Advanced Micro Devices, Inc. (NYSE:AMD) announced that it signed an agreement to offer Singapore facility on lease to HSBC Institutional Trust Services.
Keep Reading →
August 28 - News
Bank of America Corp (NYSE:BAC) is shutting drive-up teller windows at nine of its Baltimore-area branches.
Keep Reading →
August 26 - News
Editor's Note: Related tickers: Sears Holdings Corporation (NASDAQ:SHLD), Wells Fargo & Co (NYSE:WFC), Citigroup Inc (NYSE:C), Apple Inc.
Keep Reading →
August 23 - Hedge Funds
Some Bank of America Corp (NYSE:BAC) branches with drive-through tellers from Georgia to Texas have already closed the lanes, according to spokeswoman Tara Burke.
Keep Reading →
August 22 - News
Editor's Note: Related tickers: Berkshire Hathaway Inc. (NYSE:BRK.A), H.J.
Keep Reading →
August 21 - Hedge Funds
The United States Hispanic Chamber of Commerce (USHCC) today announced Bank of America as the corporate chair of its upcoming 34th National Convention, set to take place September...
Keep Reading →
August 21 - News
The cause of the financial crisis of 2007 -2008, also known as the Great Recession of 2008, is attributed to many different theories. However, one of the most common theories...
Keep Reading →
August 20 - News
Having lunch with fabled billionaire Warren Buffett is usually a pretty expensive proposition, on the order of a million dollars or so.
Keep Reading →
August 19 - News
Editor's Note: Berkshire Hathaway Inc. (NYSE:BRK.B), Suncor Energy Inc. (USA) (NYSE:SU), The Washington Post Company (NYSE:WPO), Gannett Co., Inc.
Keep Reading →
August 16 - News
Merrill Lynch & Co., the 99-year-old firm known for its "thundering herd" of brokers pitching stocks to Main Street, may cease to exist as a legal entity more than four years ...
Keep Reading →
August 16 - News
Editor's Note: Related tickers: QUALCOMM, Inc.
Keep Reading →
August 15 - News
Bank of America Corp (NYSE:BAC) said it is closing its Pendleton Street branch near downtown Greenville, citing a decline in transactions.
Keep Reading →
August 14 - News