Could A New Tax on Banks Destroy Your Dividends?
Jessica Alling, The Motley Fool - Motley Fool - 46 mins ago
With a new tax proposal spreading across Capitol Hill, Wall Street's banks, both big and small, are standing together in protest. But the impact of the tax would spread much further than the banks' financial statements -- all the way through Main...
1 Shocking Stat About AIG, Bank of America, and National Bank of Greece
Matt Koppenheffer and David Hanson, The Motley Fool - Motley Fool - 2 hrs 46 mins ago
In this segment of Monday's Where the Money Is , Motley Fool banking analysts Matt Koppenheffer and David Hanson do their worst to stump each other on this week's Stock Quiz. The questions focus on just how bad AIG 's combined ratio got in the...
Most active New York Stock Exchange-traded stocks
AP - Fri Mar 28, 5:02PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Final Glance: Banks companies
AP - Fri Mar 28, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
25 Banks Went to the Head of the Class This Week
Eric Volkman, The Motley Fool - Motley Fool - Fri Mar 28, 4:32PM CDT
In the banking sector, this week was dominated by Wednesday's release of the Comprehensive Capital Analysis and Review (CCAR, for those who want to conserve their oxygen). This was the second part of the Federal Reserve's stress tests for this year,...
BB&T to Further Boost Insurance Biz - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 28, 2:20PM CDT
BB&T's subsidiary, BB&T Insurance Services, announced the acquisition of Woodbury & Co. The deal will increase the company's footprint in North and South Carolina.
Citigroup to Redeem $2B TruPS - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 28, 1:25PM CDT
On Thursday, Citigroup Inc. (C) announced the redemption of trust preferred securities (TruPS) worth $2 billion.
Is Citigroup Plan Rejection Trouble for These ETFs? - ETF News And Commentary
Sweta Killa - Zacks Investment Research - Fri Mar 28, 1:00PM CDT
Investors should watch these ETFs for further weakness in the days ahead and take advantage of the lower price resulting from Citigroup.
Midday Glance: Banks companies
AP - Fri Mar 28, 12:32PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
World stocks gain on US data, China stimulus hopes
The Associated Press - AP - Fri Mar 28, 11:56AM CDT
LONDON (AP) — World stock markets pushed higher Friday after a measure of U.S. consumer spending rose and expectations grew that China will move to counter its economic slowdown.
Active Equities Watch List -- Research on Bank of America, Wells Fargo, Citigroup, and JPMorgan Chase
PR Newswire - Fri Mar 28, 9:42AM CDT
The trading session on Thursday, March 27, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,264.23, down 0.03% and the NASDAQ Composite closed at 4,151.23, down 0.54%. The S&P 500 finished the session 0.19% lower at 1,849.04. The losses were broad based as seven out of ten sectors ended the session in negative. During the session, Information Technology, Financials, and Consumer Discretionary sectors exerted a drag, while some positive momentum was observed in the Telecommunication Services, Energy, and Utilities sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM). Free technical research on BAC, WFC, C and JPM can be downloaded upon signing up at:
Early Glance: Banks companies
AP - Fri Mar 28, 9:22AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Stock Market News for March 28, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Mar 28, 9:06AM CDT
Benchmarks ended lower on Thursday as investors feared sooner-than-expected rate hikes
Citigroup's Business Model Is 'Not Sustainable,' Says Societe Generale
at The Street - Fri Mar 28, 8:55AM CDT
With its capital plans rejected twice in three years, it's time for Citi to radically simplify its operations, according to Societe Generale.
Will This Downgrade Hurt Citigroup (C) Today?
at The Street - Fri Mar 28, 8:03AM CDT
Societe Generale downgraded Citigroup (C) to "hold" from "buy" and set a $52 target price. The firm noted the company is returning less capital to investors.
Citigroup (C) Crumbles: Stock Falls by 5.4% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 28, 7:59AM CDT
The shares of Citigroup fell by over 5 % on the day. This breaks the recent trend of the company, as the stock is now trading within the volatile price range of $46.9 to $50.3 in the past one-month time frame. This slump shouldn’t be too much of a surprise to investors, as the Banking company has seen 9 negative revisions in the past few weeks.
Downgrade Alert for Citigroup (C)
Comtex SmarTrend(R) - Fri Mar 28, 7:02AM CDT
Citigroup (NYSE:C) was downgraded from Buy to Hold at Societe Generale today. The stock closed yesterday at $47.45 on volume of 112.5 million shares, above average daily volume of 25.6 million. Citigroup has overhead space with shares priced $47.45, or 17.7% below the average consensus analyst price target of $57.64. The stock should find initial resistance at its 50-day moving average (MA) of $49.15 and further resistance at its 200-day MA of $50.23.
What to Make of the Very Eventful Week for Bank of America Corp. and Citigroup Inc.
Patrick Morris, The Motley Fool - Motley Fool - Fri Mar 28, 7:00AM CDT
This week the paths of Bank of America and Citigroup went in opposite directions. Investors -- like the banks -- are now asking, what comes next? Source: Flickr / Chris Parker2012. When the Federal Reserve announced the results of its...