The Simple Reason Why Warren Buffett Is Successful
David Hanson and Tyler Riggs, The Motley Fool - Motley Fool - Sun Apr 13, 10:27AM CDT
On this week's Stock Quiz from Monday's edition of Where the Money Is , Motley Fool financial analysts David Hanson and Tyler Riggs do their worst to stump each other with tricky quiz questions from across the financial sector. Among the questions...
Why JPMorgan Chase, Pfizer, and Goldman Sachs Were the Dow's Worst Stocks Last Week
Dan Caplinger, The Motley Fool - Motley Fool - Sat Apr 12, 4:00PM CDT
Two straight days of triple-digit declines, including a massive 267-point drop on Thursday, helped pull Dow Jones Industrials down about 2.4% for the week. With the Dow having gone so long without a major pullback, investors have been a bit...
2 Reasons Stocks Stumbled Last Week
John Maxfield, The Motley Fool - Motley Fool - Sat Apr 12, 2:00PM CDT
Over the past three days, the S&P 500 tumbled more than 3%, leaving analysts and commentators wondering whether this is the beginning of a bull market. At first, there seemed to be few catalysts to spark the decline. On Tuesday, Alcoa ...
What Is Jamie Dimon Thinking?
John Maxfield, The Motley Fool - Motley Fool - Sat Apr 12, 11:45AM CDT
Of all the big bank executives, none writes an annual letter quite like Jamie Dimon, the chairman and CEO of JPMorgan Chase . While it's obviously structured to put the bank in the best light possible, its organization and content nevertheless...
A Fool Looks Back
Rick Munarriz, The Motley Fool - Motley Fool - Sat Apr 12, 7:40AM CDT
Wells Fargo and JPMorgan Chase kicked off on Friday what promises to be a very challenging earnings season. Instead of sending a unified message, the banking bellwethers showed their divergent ways. Wells Fargo posted better-than-expected...
Here's Why Every Dividend Investor Should Consider Buying JPMorgan Chase
John Maxfield, The Motley Fool - Motley Fool - Sat Apr 12, 7:14AM CDT
JPMorgan Chase is known for many things. It's named after one of the scions of U.S. banking, it's the biggest bank in America measured by assets, and, most importantly for our purposes, it pays a generous and growing dividend. It's for this...
Citigroup, BofA, Goldman Expect Weak Q1 Earnings
at Investor's Business Daily - Sat Apr 12, 7:02AM CDT
The shine has come off big banks as lackluster earnings are predicted next week for three of the nation's largest lenders -- Citigroup (C), Bank of America (BAC) and Goldman Sachs (GS) -- as they find it difficult to generate revenue. All three banks...
'Fast Money' Recap: The Skid Continues
at The Street - Sat Apr 12, 4:00AM CDT
The trading panel looked at General Motors and wondered how low it can go.
Why JPMorgan Chase and Herbalife Shares Fell Today
Jeremy Bowman, The Motley Fool - Motley Fool - Fri Apr 11, 9:00PM CDT
Stocks sank for the second day in a row today as momentum names continued to lead the fall. At the close of the session, Dow Jones Industrial Average finished down 143 points, or 0.9%, as the S&P 500 dropped 1% and the tech-heavy Nasdaq ...
JPMorgan Sends the Dow Tumbling, but Will Chevron and ExxonMobil Bring Stocks Positive Energy?
Dan Caplinger, The Motley Fool - Motley Fool - Fri Apr 11, 8:05PM CDT
Friday's 143-point drop for the Dow Jones Industrials added to anxiety levels among investors, with many watching closely for signs that the bull market might be coming to an end. Losses for the week that totaled 385 points still left the Dow far...
Big Banks Stumble
Chris Hill, The Motley Fool - Motley Fool - Fri Apr 11, 7:26PM CDT
First-quarter results came in today for Wells Fargo and JPMorgan Chase , and while these are substantially different institutions, one constant between the two was the dramatic fall in mortgage lending. In this segment from Friday's Investor...
JPMorgan's first-quarter profit falls 20 percent
By STEVE ROTHWELL - AP - Fri Apr 11, 5:47PM CDT
NEW YORK (AP) — JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending.
Stocks fall on jitters over earnings, tech rout
By BERNARD CONDON - AP - Fri Apr 11, 5:43PM CDT
NEW YORK (AP) — Investors drove the stock market lower for a second straight day Friday as they grew anxious that earnings growth was faltering.
Business Highlights
By The Associated Press - AP - Fri Apr 11, 5:30PM CDT
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Most active New York Stock Exchange-traded stocks
AP - Fri Apr 11, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
It's Official: The Mortgage Market Is in Free Fall
John Maxfield, The Motley Fool - Motley Fool - Fri Apr 11, 4:38PM CDT
It's hard to believe, but the mortgage market is in worse shape today than it was in 2008 following the collapse of Lehman Brothers. Data released this morning from the nation's two largest mortgage originators -- Wells Fargo and JPMorgan Chase ...
How the Dow Jones industrial average did Friday
The Associated Press - AP - Fri Apr 11, 4:31PM CDT
Stocks dropped Friday for a second day in a row as investors grew anxious that corporate earnings growth is faltering. Weaker results at JPMorgan Chase dragged bank stocks lower. More declines in high-growth Internet and biotechnology stocks pushed the Nasdaq composite down for the third week in a row.
EXCO Resources, Inc. Announces Pricing of Notes
Business Wire - Fri Apr 11, 4:09PM CDT
EXCO Resources, Inc. (NYSE:XCO) ("EXCO"
Fitch: JPMorgan 1Q'14 Results Hurt by Weaker Mortgage Production and Fixed Income Results
Business Wire - Fri Apr 11, 3:33PM CDT
As expected by Fitch Ratings, JPMorgan Chase & Co.'s (JPM) 1Q'14 net earnings of $5.3 billion were hurt by weakness in fixed income and a continued decline in mortgage production. Bright spots included business banking loan growth, market-leading credit card purchase volume growth, strong investment banking fees in commercial banking, positive client flows in asset management, and a continuation of solid asset quality trends in consumer and commercial loan categories. Returns on tangible common equity were 13% for the quarter compared to 17% a year earlier. There were no significant items of note in the quarter.
Nasdaq Finishes Near 4000 Level In Another Sell-Off
at Investor's Business Daily - Fri Apr 11, 3:33PM CDT
The stock market suffered another sharp sell-off Friday, finishing the week with the Nasdaq just below the 4000 level for the first time since Feb. 3. The Nasdaq fell 1.3%; the S&P 500 was down 1% and the Dow Jones industrial average was off 0.9%....