Bank of America Corp (BAC) 15.57 $BAC
'Fast Money' Recap: Will Apple's Next Phone Be Delayed?
at The Street - 40 mins ago
The trading panel discussed the iPhone 6, bank stocks and Alibaba.
US consumer bureau sues debt-collection law firm
By JEFF HORWITZ - AP - Mon Jul 14, 6:31PM CDT
WASHINGTON (AP) — The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.
Citigroup to pay $7B in subprime mortgages probe
By ERIC TUCKER - AP - Mon Jul 14, 6:24PM CDT
WASHINGTON (AP) — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.
Citigroup's Profit Raises Hope Despite DOJ Deal
at Investor's Business Daily - Mon Jul 14, 6:09PM CDT
The surge in Citigroup's (C) stock price, despite the Department of Justice's $7 billion punishment, suggests that investors now view mammoth securitized mortgage settlements in their rearview mirror. The New York-based lender's shares rose more...
Stocks move higher on earnings, acquisition news
By ALEX VEIGA - AP - Mon Jul 14, 4:08PM CDT
Stocks shook off last week's doldrums and finished sharply higher Monday, driven by a round of corporate deal news and strong earnings from Citigroup.
Stock Market Today: Dow Surges Above 17,000 as Citigroup Tops Street
at The Street - Mon Jul 14, 3:14PM CDT
Markets made healthy gains Monday with the Dow Jones Industrial Average closing well above the psychological threshold of 17,000.
Most active New York Stock Exchange-traded stocks
AP - Mon Jul 14, 12:30PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:
Midday Glance: Banks companies
AP - Mon Jul 14, 12:30PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Citigroup Loans Boost Earnings Amid $7 Bil DOJ Deal
at Investor's Business Daily - Mon Jul 14, 12:27PM CDT
Factoring out a $7 billion settlement with the Department of Justice, Citigroup (C) beat second-quarter earnings estimates as it expanded its lending unit with gains in corporate and consumer loans. The New York-based lender earned $1.24 per share,...
Citi Kicks Down the Doors on Earnings This Week
Jay Jenkins, The Motley Fool - Motley Fool - Mon Jul 14, 12:00PM CDT
The Dow Jones Industrial Average reached a new intraday record Monday morning, flying back above 17,000 on triple-digit gains. The S&P 500 followed closely behind, moving 60 basis points higher. The banking sector led the way following a...
Bank Stock Roundup: Litigation Continues, JPMorgan, BofA & U.S. Bancorp in Focus Ahead of Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 14, 11:43AM CDT
The time has come for the banks to gear up for the release of their second-quarter results against the tough industry backdrop.
Early Glance: Banks companies
AP - Mon Jul 14, 9:47AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
One Factor Driving Bank of America (BAC) Stock Up Today
at The Street - Mon Jul 14, 9:03AM CDT
Bank of America (BAC) rose Monday as peer bank Citigroup (C) reported second-quarter earnings that surpassed analysts' expectations.
3 Ways Bank of America Could Become a Dividend Powerhouse
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Mon Jul 14, 8:56AM CDT
Source: Company Bank of America has a lot going for itself. Though legal troubles continue to cloud the company's long-term value, with a little bit of time the banking giant should be able to transform itself into a viable dividend payer and...
Citi Beat Leads Markets to Green - Ahead of Wall Street
Sheraz Mian - ZACKS - Mon Jul 14, 8:56AM CDT
Stocks appear on track to start today's session in the green, maintaining the overnight action out of global markets.
Why China Mobile Ltd. Shares Could Soar 20%
Brian Pacampara, The Motley Fool - Motley Fool - Mon Jul 14, 8:51AM CDT
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking analyst upgrades and downgrades -- just in case their reasoning behind the call makes sense. ...
4 Things to Watch in Bank of America Corp's Earnings Report
Matthew Frankel, The Motley Fool - Motley Fool - Mon Jul 14, 8:24AM CDT
Bank of America reports its second quarter earnings Wednesday, July 16, and this will be one of the most closely watched reports in the financial sector. The consensus is calling for earnings of $0.29, down from $0.32 during the same quarter a year...
Citigroup settles subprime mortgage case for $7B
AP - Mon Jul 14, 6:41AM CDT
WASHINGTON (AP) — Citigroup will pay roughly $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis.
'Fast Money' Recap: Is Gold's Rally For Real?
at The Street - Mon Jul 14, 4:00AM CDT
The trading panel looks at gold to distinguish if the recent gains are a technical breakout or just a bear market rally.
'Fast Money' Recap: Will Apple's Next Phone Be Delayed?
at The Street - 40 mins ago
The trading panel discussed the iPhone 6, bank stocks and Alibaba.
US consumer bureau sues debt-collection law firm
By JEFF HORWITZ - AP - Mon Jul 14, 6:31PM CDT
WASHINGTON (AP) — The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a "mill" that produces shoddy, mass-produced credit-card collection lawsuits.
Citigroup to pay $7B in subprime mortgages probe
By ERIC TUCKER - AP - Mon Jul 14, 6:24PM CDT
WASHINGTON (AP) — Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said "shattered lives" and contributed to the worst financial crisis in decades, the Justice Department said Monday.
Citigroup's Profit Raises Hope Despite DOJ Deal
at Investor's Business Daily - Mon Jul 14, 6:09PM CDT
The surge in Citigroup's (C) stock price, despite the Department of Justice's $7 billion punishment, suggests that investors now view mammoth securitized mortgage settlements in their rearview mirror. The New York-based lender's shares rose more...
Stocks move higher on earnings, acquisition news
By ALEX VEIGA - AP - Mon Jul 14, 4:08PM CDT
Stocks shook off last week's doldrums and finished sharply higher Monday, driven by a round of corporate deal news and strong earnings from Citigroup.
Stock Market Today: Dow Surges Above 17,000 as Citigroup Tops Street
at The Street - Mon Jul 14, 3:14PM CDT
Markets made healthy gains Monday with the Dow Jones Industrial Average closing well above the psychological threshold of 17,000.
Most active New York Stock Exchange-traded stocks
AP - Mon Jul 14, 12:30PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:
Midday Glance: Banks companies
AP - Mon Jul 14, 12:30PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Citigroup Loans Boost Earnings Amid $7 Bil DOJ Deal
at Investor's Business Daily - Mon Jul 14, 12:27PM CDT
Factoring out a $7 billion settlement with the Department of Justice, Citigroup (C) beat second-quarter earnings estimates as it expanded its lending unit with gains in corporate and consumer loans. The New York-based lender earned $1.24 per share,...
Citi Kicks Down the Doors on Earnings This Week
Jay Jenkins, The Motley Fool - Motley Fool - Mon Jul 14, 12:00PM CDT
The Dow Jones Industrial Average reached a new intraday record Monday morning, flying back above 17,000 on triple-digit gains. The S&P 500 followed closely behind, moving 60 basis points higher. The banking sector led the way following a...
Bank Stock Roundup: Litigation Continues, JPMorgan, BofA & U.S. Bancorp in Focus Ahead of Q2 Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 14, 11:43AM CDT
The time has come for the banks to gear up for the release of their second-quarter results against the tough industry backdrop.
Early Glance: Banks companies
AP - Mon Jul 14, 9:47AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
One Factor Driving Bank of America (BAC) Stock Up Today
at The Street - Mon Jul 14, 9:03AM CDT
Bank of America (BAC) rose Monday as peer bank Citigroup (C) reported second-quarter earnings that surpassed analysts' expectations.
3 Ways Bank of America Could Become a Dividend Powerhouse
Kingkarn Amjaroen, The Motley Fool - Motley Fool - Mon Jul 14, 8:56AM CDT
Source: Company Bank of America has a lot going for itself. Though legal troubles continue to cloud the company's long-term value, with a little bit of time the banking giant should be able to transform itself into a viable dividend payer and...
Citi Beat Leads Markets to Green - Ahead of Wall Street
Sheraz Mian - ZACKS - Mon Jul 14, 8:56AM CDT
Stocks appear on track to start today's session in the green, maintaining the overnight action out of global markets.
Why China Mobile Ltd. Shares Could Soar 20%
Brian Pacampara, The Motley Fool - Motley Fool - Mon Jul 14, 8:51AM CDT
While Fools should generally take the opinion of Wall Street with a grain of salt, it's not a bad idea to take a closer look at particularly stock-shaking analyst upgrades and downgrades -- just in case their reasoning behind the call makes sense. ...
4 Things to Watch in Bank of America Corp's Earnings Report
Matthew Frankel, The Motley Fool - Motley Fool - Mon Jul 14, 8:24AM CDT
Bank of America reports its second quarter earnings Wednesday, July 16, and this will be one of the most closely watched reports in the financial sector. The consensus is calling for earnings of $0.29, down from $0.32 during the same quarter a year...
Citigroup settles subprime mortgage case for $7B
AP - Mon Jul 14, 6:41AM CDT
WASHINGTON (AP) — Citigroup will pay roughly $7 billion to settle an investigation into risky subprime mortgages, the type that helped fuel the financial crisis.
'Fast Money' Recap: Is Gold's Rally For Real?
at The Street - Mon Jul 14, 4:00AM CDT
The trading panel looks at gold to distinguish if the recent gains are a technical breakout or just a bear market rally.
