2014: The Year Bad Mortgages Became Good Investments
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 24, 8:44AM CDT
Flickr / Jeff Turner. In a strange twist of fate, toxic mortgages – the very loans that became synonymous with the housing crash and the attendant financial crisis – are experiencing a sort of renaissance. Once reviled, these loan products are...
Wells Fargo vs. Bank of America: Which Bank Deserves Your Account?
Alexander MacLennan, The Motley Fool - Motley Fool - Sat Aug 23, 10:02AM CDT
Flickr / r-z. Having a bank account is a core part of our financial lives, but choosing the right instiution can be tricky. In this article, I'll compare the pros and cons of two of America's largest banks: Wells Fargo and Bank of America . ...
Goldman in deal worth $1.2B over US bond claims
By MARCY GORDON - AP - Fri Aug 22, 10:34PM CDT
WASHINGTON (AP) — Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.
Most active New York Stock Exchange-traded stocks
AP - Fri Aug 22, 5:03PM 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 - Fri Aug 22, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Do Settlements Make Bank Stocks More Attractive? - Real Time Insight
David Bartosiak - ZACKS - Fri Aug 22, 4:23PM CDT
Banks are settling allegations stemming from Mortgage-Backed Securities. Is it safe to invest again?
BofA Reaches $17B Mortgage Settlement, Q3 EPS to Take Hit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 3:02PM CDT
Ending months of speculations, Bank of America (BAC) has finally reached a $16.65 billion-worth settlement. Nonetheless, BofA expects the settlement to lower third-quarter 2014 earnings by 43 cents per share.
Midday Glance: Banks companies
AP - Fri Aug 22, 12:22PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Why Bank of America (BAC) Stock Is A 'Buy' At TheStreet
at The Street - Fri Aug 22, 10:02AM CDT
Bank of America (BAC) is reiterated with a 'buy' rating and ratings score of B by TheStreet Ratings team.
Stock Market News for August 22, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Aug 22, 9:10AM CDT
Positive economic reports propelled benchmarks to record highs on Thursday
Tracking the Bank Settlements: A Nonprofit Backed by Banks
at The Street - Fri Aug 22, 8:38AM CDT
Enterprise Community Partners' report calls a $13 billion JPMorgan settlement 'reasonable' for consumers, but the report doesn't disclose that Enterprise receives substantial backing from the bank.
Reveal Insider Trading for RF Micro Devices, Sirius XM, Facebook, eBay, QUALCOMM, and Bank of America
PR Newswire - Fri Aug 22, 7:55AM CDT
Today, Insiderslab.com revealed the latest insider trading research for RF Micro Devices (NASDAQ:RFMD), Sirius XM (NASDAQ:SIRI), Facebook (NASDAQ:FB), eBay (NASDAQ:EBAY), QUALCOMM (NASDAQ:QCOM), and Bank of America (NYSE:BAC). US stock investors can access these reports through the links below, including stock performance, insider trading signals, and visual results.
4 Big Stocks to Trade (or Not)
at The Street - Fri Aug 22, 7:00AM CDT
Here's how to trade some of the most active stocks on the market today.
European Stocks Slip Ahead of Yellen Speech
at The Street - Fri Aug 22, 5:21AM CDT
European markets are seeing a slow start on Friday as the world waits for Janet Yellen's remarks at Jackson Hole, Wyo.
Jim Cramer's Top Stock Picks: GMCR MNST NXPI EMES BAC
at The Street - Fri Aug 22, 5:00AM CDT
Cramer says recent downgrades make NXP Semiconductor a buying opportunity while Bank of America is a buy, buy, buy now that it has settled with the U.S. government.
'Fast Money' Recap: Banking on Financial Stocks
at The Street - Fri Aug 22, 4:00AM CDT
The trading panel discussed banks, Home Depot's new CEO and whether to invest in semiconductor companies.
Asian stocks higher after S&P 500 record close
By KELVIN CHAN - AP - Thu Aug 21, 10:41PM CDT
HONG KONG (AP) — Asian stocks inched higher on Friday after a record day on Wall Street powered by upbeat data that adds to evidence the world's biggest economy is gaining strength. Gains were tempered as investors awaited a key meeting of U.S. central bankers that's expected to shed light on the interest rate outlook.
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Jim Cramer's 'Mad Money' Recap: 12 Stocks Even Better Than Google
at The Street - Thu Aug 21, 6:59PM CDT
Google is fabulous, Cramer says, but these stocks are just as good if not better.