'Fast Money' Recap: Confusion in the Market
at The Street - 32 mins ago
The trading panel discussed whether investors are too complacent and whether it's a good idea to buy Microsoft again.
Euromoney Names Citi Top Emerging Markets Investment Bank and Global Flow House
Business Wire - 2 hrs 32 mins ago
Euromoney, the leading global financial markets magazine, recognised Citi as "Best Global Emerging Markets Investment Bank" and "Best Global Flow House" at its annual Awards for Excellence dinner last evening in London.
Will Becoming Smaller Pay Off For Bank of America Corporation and JPMorgan Chase & Co?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Jul 10, 3:28PM CDT
Over the past several years, many U.S. banks have been closing branches in an effort to improve efficiency of operations and to encourage customers to do more of their banking through mobile devices. For example, Bank of America has closed...
Midday Glance: Banks companies
AP - Thu Jul 10, 12:44PM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 1 p.m.:
Why a $7 Billion Settlement for Citigroup May Be Good News for Bank of America Corp
Patrick Morris, The Motley Fool - Motley Fool - Thu Jul 10, 12:05PM CDT
Wall Street Bull. Source: Flickr / thenails. Another week is here, and another billion dollar settlement is -- reportedly -- fast approaching for another big bank. But it turns out the $7 billion settlement for Citigroup may be a sign of good...
Wells Fargo Remains Best Bet Headed Into Big Banks' Earnings
at The Street - Thu Jul 10, 10:52AM CDT
Estimates have Wells Fargo's earnings dropping after 17 straight quarters of profit growth. Even so, the conservative bank is the surest investment in the banking sector during earnings week.
Banking Industry Readies for Q2 Earnings: What's In Store? - Analyst Blog
Kalyan Nandy - Zacks Investment Research - Thu Jul 10, 10:26AM CDT
Will "beat" dominate "miss" in second quarter banking results?
Early Glance: Banks companies
AP - Thu Jul 10, 10:01AM CDT
NEW YORK (AP) — Shares of some top banks companies are down at 10 a.m.:
Citigroup, DOJ Said Near $7 Billion Mortgage Deal
at Investor's Business Daily - Wed Jul 09, 12:02PM CDT
A settlement worth an estimated $7 billion reportedly is in the works between Citigroup (C) and the Department of Justice to settle allegations the New York-based bank sold subpar mortgages in the years before the financial crisis. The deal, which...
JPMorgan Aims at Prudent Cost Management - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:50AM CDT
At a time when the banking industry is struggling with slow top-line growth, banks are attempting to cut expenses in order to remain profitable. Wall Street biggies including JPMorgan (JPM) are among the front runners.
Citigroup to Pay $7B to Settle Mortgage Issues? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:10AM CDT
Citigroup Inc. (C) is in talks with the Department of Justice (DOJ) to pay more than $7 billion to resolve several litigations and probes related to its pre-crisis mortgage practices.
Sneak Peek: 5 Stocks Hedge Funds Love This Summer
at The Street - Wed Jul 09, 10:05AM CDT
Here's a look at five stocks the smart money has been buying recently.
Wells Fargo to Face Los Angeles Discrimination Lawsuit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 09, 10:00AM CDT
Following the failure of Wells Fargo & Company (WFC) in May to dismiss a lawsuit filed by Los Angeles City last year, the bank's appeal was rejected yet again by the U.S. District Judge - Otis Wright II
Wells Fargo & Co. Earnings: Has the Bank's Growth Peaked?
Dan Caplinger, The Motley Fool - Motley Fool - Wed Jul 09, 9:40AM CDT
On Friday, Wells Fargo will release its quarterly report, and shareholders have been quite pleased with the big bank's recovery from the worst of the financial crisis almost six years ago, bidding up Wells Fargo stock to all-time record highs...
Why Bank of America is Eyeing Citigroup Today
Alex Dumortier, CFA, The Motley Fool - Motley Fool - Wed Jul 09, 9:20AM CDT
Following two days of declines, U.S stocks are marginally higher on Wednesday morning, with the benchmark S&P 500 and the narrower Dow Jones Industrial Average up 0.09% and 0.1%, respectively, at 10:15 a.m. EDT. This one-way market has...
3 Things to Watch When Wells Fargo & Co Announces Earnings This Week
Patrick Morris, The Motley Fool - Motley Fool - Wed Jul 09, 8:25AM CDT
With the calendar officially turned to July, the second quarter is on the books and earnings season is upon us. There are three things investors must watch when Wells Fargo kicks it off this Friday. Continued loan and deposit growth As shown...
Stock Market Today: Citigroup’s $7 Billion Charge and MSC Industrial’s Miss
Demitrios Kalogeropoulos, The Motley Fool - Motley Fool - Wed Jul 09, 8:25AM CDT
The Dow Jones Industrial Average has gained 10 points in pre-market trading, suggesting a flat start to the stock market after yesterday's triple-digit retreat. Earnings season is ramping up, but today's market-moving news will likely come from...
Wells Fargo's Hot Earnings Expected To Cool Off In Q2
at Investor's Business Daily - Wed Jul 09, 7:02AM CDT
A weaker-than-expected spring house-selling season and tough regulatory environment are expected to result in a relatively flat second quarter for Wells Fargo (WFC) when it reports earnings on Friday. The San Francisco-based lender is seen reporting...
Will Citigroup (C) Stock Be Helped By Justice Department Mortgage Investments Settlement?
at The Street - Wed Jul 09, 6:52AM CDT
A settlement caps months of negotiations after the Justice Department threatened to sue if the bank did not agree to the government's proposed penalty.
July 9 Premarket Briefing: 10 Things You Should Know
at The Street - Wed Jul 09, 5:52AM CDT
U.S. stock futures rise slightly ahead of Fed minutes; Citigroup and Justice Department close to a deal; Amazon offers Hachette authors a deal.