Mortgage Originations Just Fell by 66% at the Nation's Four Biggest Banks
John Maxfield, The Motley Fool - Motley Fool - Sat Apr 19, 12:06PM CDT
The mortgage market is hemorrhaging. In the three months ended March 31, originations at the nation's four biggest banks fell by a combined 66% compared with the year-ago period. It was the worst cumulative performance in over a decade. While all...
1 Thing Ever Citigroup Inc Investor Will Love To Hear
Patrick Morris, The Motley Fool - Motley Fool - Sat Apr 19, 10:26AM CDT
Much has been made about the recent rejection by the Federal Reserve toward the plans of Citigroup to buyback more of its stock and issue a bigger dividend, but CEO Michael Corbat provided a surprising glimmer of hope to investors on the latest...
Providence, RI, sues firms over stock trades
By The Associated Press - AP - Fri Apr 18, 7:05PM CDT
Providence, R.I., is suing dozens of Wall Street banks and other financial companies over high-frequency trading.
Facebook May Be On Its Way to Becoming the Next Hot FinTech Company
Matt Koppenheffer, The Motley Fool - Motley Fool - Fri Apr 18, 7:04AM CDT
In this segment from Where the Money Is , Motley Fool financial analyst Matt Koppenheffer highlights one financial tweet from the Twittersphere, that calls into question the celebration around Citigroup and its earnings beat this quarter. The...
Final Glance: Banks companies
AP - Thu Apr 17, 5:01PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Why Citigroup Is a Stock to Watch Today
Alison Southwick and Matt Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 4:34PM CDT
In this segment from Thursday's edition of Investor Beat , Motley Fool analyst Matt Koppenheffer tells investors why Citigroup is a stock on his radar today. After having its capital plan rejected by the Fed due to unsatisfactory risk...
Goldman Sachs' Earnings Beat
Alison Southwick and Matt Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 4:26PM CDT
In a broad trend across several major financial institutions, a number of the big banks reported fixed income falling, which put downward pressure on net income as a whole. Goldman Sachs was no different; despite beating on earnings expectations,...
Morgan Stanley Keeps Earnings Streak Alive - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 17, 12:50PM CDT
Morgan Stanley's earnings per share from continuing operations of 68 cents outpaced the Zacks Consensus Estimate and prior-year quarter figure of 60 cents, reflecting top-line growth.
Early Glance: Banks companies
AP - Thu Apr 17, 10:31AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Goldman Sachs Beats Low Bar in First Quarter
at The Street - Thu Apr 17, 8:25AM CDT
Goldman Sachs beats analysts' quarterly estimates on its top and bottom line even as sluggish trading activity drags on profitability. The bank records an 11% drop in first-quarter profit, symptomatic of declines in both institutional client volume...
The Unexpected Way Wells Fargo & Co Is Beating Citigroup Inc
Patrick Morris, The Motley Fool - Motley Fool - Thu Apr 17, 8:24AM CDT
With the latest earnings from Wells Fargo and Citigroup in the books, it may come as no surprise Wells Fargo topped Citigroup on a total earnings basis. But what may come as a surprise is one critical area in which Wells Fargo has begun to take...
Where the Money Is: April 15
Matt Koppenheffer, The Motley Fool - Motley Fool - Thu Apr 17, 8:11AM CDT
On Tuesday's edition of Where the Money Is , Motley Fool financial analyst Matt Koppenheffer takes a look at Citigroup 's big earnings beat, and JPMorgan 's earnings miss. Plus, a look at the strength of Wells Fargo 's deposit franchise and where...
Morgan Stanley Shrugs Off Sector's Revenue Slowdown
at The Street - Thu Apr 17, 6:54AM CDT
Morgan Stanley reports better-than-expected first-quarter results as revenue surges at the highest rate among banks that have reported so far this season.
Post Earnings, Wells Fargo, JPMorgan, and Citigroup Are Looking Like Solid Buys
Bob Ciura, The Motley Fool - Motley Fool - Thu Apr 17, 6:10AM CDT
While economists and analysts fret over the state of the U.S. economy, the financial sector is doing extremely well. Big banks Wells Fargo and Citigroup delivered first-quarter earnings reports that surpassed expectations. JP Morgan Chase ...
Asia stocks fail to match Wall Street gains
By KELVIN CHAN - AP - Wed Apr 16, 10:45PM CDT
HONG KONG (AP) — Asian stock markets were mostly lower Thursday, with Japan's Nikkei leading the retreat as investors locked in profits after a strong rally.
Most active New York Stock Exchange-traded stocks
AP - Wed Apr 16, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
King and Bank of America are big market movers
AP - Wed Apr 16, 3:23PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
Midday Glance: Banks companies
AP - Wed Apr 16, 12:30PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.: