Most active New York Stock Exchange-traded stocks
AP - Tue May 27, 5:09PM 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 - Tue May 27, 5:09PM CDT
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
Bank of America Exec Preaches Gospel of 'Too Big to Fail' Banking
at The Street - Tue May 27, 3:46PM CDT
Bank of America's corporate and investment banking chief emphasized the institution's size-related advantages during a presentation Tuesday, in what could be seen as a rebuttal to critics who argue the largest U.S. banks need to be broken up.
Wells Fargo Ends 'Robo-Signing' Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue May 27, 2:13PM CDT
Wells Fargo & Company (WFC) is set to end the legal tussle it has been encountering since 2011 for a settlement of around a minimum of $67 million in connection with the 'robo-signing' fiasco
Watch for Shares of Citigroup (C) to Approach Resistance at $47.57
Comtex SmarTrend(R) - Tue May 27, 1:13PM CDT
Shares of Citigroup (NYSE:C) opened today above their pivot of $47.26 and have already reached the first level of resistance at $47.43. Investors may be interested in a cross of the next upside pivot targets of $47.57 and $47.88.
S&P 500 Jumps as Consumer Confidence Rises, Uncertainty Ebbs
Brian Stoffel, The Motley Fool - Motley Fool - Tue May 27, 12:54PM CDT
The Conference Board reported today that its Consumer Confidence Index, or CCI, rose to 83 this month, its second-highest rating since early 2008. The market responded well, and the S&P 500 hit a new intraday high. The news was especially well...
Midday Glance: Banks companies
AP - Tue May 27, 12:27PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
3 Simple Charts Show Why Discover Is a Buy Today
Patrick Morris, The Motley Fool - Motley Fool - Tue May 27, 11:50AM CDT
Looking for a new investment to consider? Discover Financial Services recently revealed three reasons why it should be on your radar. Remarkable profitability One of the critical considerations with any investment is a company's profitability...
BofA Resubmits Scaled-Down Stress-Test Plan
at Investor's Business Daily - Tue May 27, 10:44AM CDT
Bank of America (BAC) said it resubmitted a scaled-down stress-test plan to the Federal Reserve after the company in April revealed an error that led it to report $4 billion more in capital than it had. The Charlotte, N.C.-based bank made the...
Cramer: Geithner Deserves Better
at The Street - Tue May 27, 10:26AM CDT
The polemicists have seized the mike and buried the man.
Russia's Rosneft Scoffs at Sanctions to Sign Pirelli, Seadrill
at The Street - Tue May 27, 9:28AM CDT
A Russian shale gas joint venture with BP and an alliance with Norway's Seadrill are among the highlights of a St Petersburg forum.
Early Glance: Banks companies
AP - Tue May 27, 9:24AM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 10 a.m.:
Bank of America Tries to Bounce Back From $4B Capital Blunder
at The Street - Tue May 27, 9:05AM CDT
Bank of America shares were rising early Tuesday as the bank resubmitted a capital plan to regulators following a $4 billion error that forced it to scrap a planned dividend hike and share repurchase.
Why Citigroup (C) Stock Is Gaining Today
at The Street - Tue May 27, 8:58AM CDT
Citigroup (C) is gaining Tuesday after launching Citi Futures and Options Smart Execution, a new suite of futures and options trading features and Transaction Cost Analysis and order monitoring tools on the Citi Future and Options Execution platform.
Critical Alerts For Citigroup, Isis Pharmaceuticals, CBS, Walmart, and McDonalds Released By InvestorsObserver
PR Newswire - Tue May 27, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for C, ISIS, CBS, WMT, and MCD.
Will Guidewire Software (GWRE) Stock Be Affected By This Upgrade Today?
at The Street - Tue May 27, 8:04AM CDT
Guidewire Software (GWRE) was upgraded to 'neutral' at Citi Group (C) on Tuesday.
Fresh Evidence Shows the Bank of America Corp Turnaround Is Happening
Patrick Morris, The Motley Fool - Motley Fool - Tue May 27, 7:59AM CDT
Photo: Bank of America Think Bank of America will never recover after hitting rock bottom following the financial crisis? Actually, one fresh study shows its recovery is moving ahead. Last week, Millward Brown released its BrandZ ranking of...
Citi Launches New Futures & Options Trading Suite, Transaction Cost Analysis and Order Monitoring Tools
Business Wire - Tue May 27, 7:02AM CDT
Citi has launched Citi Futures and Options Smart Execution (CFOX SE) - a comprehensive suite of futures and options trading features, Transaction Cost Analysis (TCA) and order monitoring tools on its Citi Futures and Options Execution (CFOX) platform.
Commercial Lending Services Procurement Category Market Research Report Now Available from IBISWorld
PRWeb - Mon May 26, 3:03AM CDT
Commercial lending services have a buyer power score of 3.5 out of 5. "This score reflects that buyers have a moderate amount of negotiating power due to the high number of suppliers, the moderate availability of substitutes and the recent decrease in prices," says IBISWorld procurement analyst Caitlin Newsom. There are almost 6,000 banks in the United States, creating heavy competition among suppliers. Major suppliers include Bank of America and Citigroup Inc. This competition forces banks to be more willing to negotiate prices to gain market share, boosting buyer power. Additionally, there are a number of alternative lending options for businesses besides a bank loan. A buyer can enter into a loan agreement with a credit union or borrow funds from a private equity firm, cash-flow lender or a merchant cash advance lender. Due to the existence of alternative suppliers from which to borrow funds, banks are more willing to negotiate a lower price for commercial lending services. However, the boost in buyer power is slightly constrained because these alternative lenders typically charge much higher interest rates for business loans.