Final Glance: Banks companies
AP - 2 hrs 10 mins ago
NEW YORK (AP) — Shares of some top banks companies were up at the close of trading:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Are Weak Earnings Here to Stay? - Earnings Outlook
Sheraz Mian - Zacks Investment Research - Wed Apr 22, 3:46PM CDT
Are Weak Earnings Here to Stay? - Earnings Outlook
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24)
Are Weak Earnings Here to Stay? - Earnings Trends
Sheraz Mian - Zacks Investment Research - Wed Apr 22, 3:46PM CDT
Are Weak Earnings Here to Stay? - Earnings Trends
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24)
Women's Bond Club Honors Debra Walton and Reshma Saujani at 22nd Annual Merit Award Dinner Hosted by Citi
Business Wire - Wed Apr 22, 2:00PM CDT
The Women's Bond Club, the first organization in New York to focus on women in finance, announced that Debra Walton and Reshma Saujani have received the organization's two most prestigious awards. Both women were recognized at the Women's Bond Club's annual gala, the Merit Award Dinner, held last night. Citi hosted the event at the American Museum of Natural History in New York City. James A. Forese, Co-President of Citigroup and Head of Citi's Institutional Clients Group, served as the keynote speaker.
C: 53.10 (+0.62)
Decent Banking Earnings Fail To Energize Financial ETFs
Zacks Funds - Seeking Alpha - Wed Apr 22, 1:11PM CDT
The financial sector, which accounts for around one-fifth of the S&P 500 index, had a sluggish 2014. Dull mortgage banking and client activities, soft trading volumes, high legal costs and global growth worries along with a low interest rate...
GS: 198.32 (+1.48), VFH: 49.57 (+0.31), JPM: 62.94 (+0.63), KBWB: 37.77 (+0.37), IAI: 42.98 (+0.41), C: 53.10 (+0.62), WFC: 54.67 (+0.39), XLF: 24.28 (+0.17), IYG: 91.22 (+1.10), MS: 37.20 (+0.45)
Midday Glance: Banks companies
AP - Wed Apr 22, 12:39PM CDT
NEW YORK (AP) — Shares of some top banks companies are up at 1 p.m.:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
The Biggest Mergers and Acquisitions in Banking
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 22, 12:11PM CDT
Companies decide to merge and acquire rivals for several reasons, and one industry that has seen a lot of it over the years is the banking industry. Let's take a look at some of the biggest M&A deals in banking history, and what the future might...
JPM: 62.94 (+0.63), C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24)
Early Glance: Banks companies
AP - Wed Apr 22, 9:25AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), MS: 37.20 (+0.45)
Citigroup Earnings Normalization Yields 65% Upside And Optionality Via Warrants
Pavel Goltsblat - Seeking Alpha - Wed Apr 22, 8:52AM CDT
Introduction It has been 7 years since the 2008 financial crisis, which left global banking system in ruins. Many asset classes have reached new highs since then; however, the banking sector remains undervalued. As this chart from Merrill Lynch's...
C: 53.10 (+0.62)
3 Green Stocks for Earth Day - Analyst Blog
Swarup Gupta - Zacks Investment Research - Wed Apr 22, 8:48AM CDT
The prospects of clean energy and related industries will continue to improve in the future.
ORA: 37.84 (+0.22), GS: 198.32 (+1.48), NEP: 41.62 (-0.10), C: 53.10 (+0.62), DB: 33.95 (+0.61), LDR: 34.63 (-0.24)
How to Invest Money in Banks
Matthew Frankel, The Motley Fool - Motley Fool - Wed Apr 22, 8:13AM CDT
Source: myfuture.com via Flickr. Six years after the financial crisis, many investors still shy away from the banking sector -- and who can blame them? Yet times have changed: Banks are much better capitalized, they've become more heavily...
TD: 45.68 (+0.12), GS: 198.32 (+1.48), USB: 42.83 (+0.33), C: 53.10 (+0.62), WFC: 54.67 (+0.39), BAC: 15.74 (+0.24), NBG: 1.19 (+0.12)
Decent Banking Earnings Fail to Energize Financial ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Wed Apr 22, 6:00AM CDT
The banking sector kicked off the earnings season on a strong note with the majority of the big banking clan beating estimates on both lines. However, the same optimism was not reflected in the financial ETFs.
GS: 198.32 (+1.48), VFH: 49.57 (+0.31), JPM: 62.94 (+0.63), KBWB: 37.77 (+0.37), IAI: 42.98 (+0.41), C: 53.10 (+0.62), BAC: 15.74 (+0.24), WFC: 54.67 (+0.39), XLF: 24.28 (+0.17), IYG: 91.22 (+1.10), MS: 37.20 (+0.45)
U.S. Banks Now Less Risky Than European Peers
Markit - at Seeking Alpha - Wed Apr 22, 4:41AM CDT
Strong second quarter earnings and positive stress tests have helped reduce US banks' credit risk, while their European counterparts battle with further penalties and systemic risk. US banks have stood out as a bright spot this earnings season,...
GS: 198.32 (+1.48), JPM: 62.94 (+0.63), C: 53.10 (+0.62), BAC: 15.74 (+0.24), WFC: 54.67 (+0.39), MS: 37.20 (+0.45)
Most active New York Stock Exchange-traded stocks
AP - Tue Apr 21, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
T: 32.86 (+0.20), GE: 26.91 (+0.29), AA: 13.57 (+0.05), RF: 9.73 (+0.15), CHK: 14.41 (-0.16), PFE: 34.93 (+0.04), C: 53.10 (+0.62), HAL: 47.11 (+0.06), BAC: 15.74 (+0.24), CSX: 36.26 (+0.91), VZ: 49.57 (+0.40), RAD: 8.32 (+0.39)
After Yesterday's Decline of 1.35%, Citigroup Offers Investors Better Value
Comtex SmarTrend(R) - Tue Apr 21, 3:48PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $52.25 to a high of $53.46. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $52.95 on volume of 19.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 53.10 (+0.62)
Citigroup Falls 1.35% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Tue Apr 21, 3:47PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $52.25 to a high of $53.46. Yesterday, the shares fell 1.4%, which took the trading range below the 3-day low of $52.95 on volume of 19.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 53.10 (+0.62)
3 REITs That Can Make Your Grandkids Rich
Matthew Frankel, The Motley Fool - Motley Fool - Tue Apr 21, 12:10PM CDT
Investing in real estate has the potential to produce consistent, market-beating returns that can produce wealth and income for generations to come. Here are three of the best-run REITs in the market that will do just that while allowing you to rest...
FDX: 170.01 (+0.10), WBA: 87.02 (-0.07), SPG: 189.11 (+0.28), BXP: 136.51 (-0.26), C: 53.10 (+0.62), DG: 75.83 (-0.18), BAC: 15.74 (+0.24), O: 49.52 (+0.16)