Banks Immune to China Chaos: False Sense of Safety or Truth?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 4:18PM CDT
All sectors in the S&P 500 index ended lower yesterday with the finance sector falling in the mid-range. With China's banking system largely closed to outsiders, exposure of major U.S. banks to their economy is limited.
GS: 184.40 (+6.18), JPM: 62.91 (+3.00), C: 52.28 (+2.40), BAC: 16.06 (+0.80), WFC: 52.30 (+2.28)
BNY Mellon Shows Immense Growth Prospects: Time to Buy?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 2:15PM CDT
We issued an updated research report on The Bank of New York Mellon Corporation (BK) on Aug 25, 2015. The NY-based lender startled the market with its robust performance in the second quarter.
SFST: 20.21 (-0.01), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
Bear Chart of the Day: Citigroup
at The Street - Wed Aug 26, 10:30AM CDT
It is all about the bearish setup, right now.
C: 52.28 (+2.40)
Texas Capital Depicts Organic Growth; Time to Hold?
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 10:30AM CDT
On Aug 25, 2015, we issued an updated research report on Texas Capital BancShares Inc. (TCBI). We believe organic growth backed by consistent top-line growth and increasing loans and deposits balances remain the growth drivers for the company.
C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69), TCBI: 50.04 (+1.83)
'Fast Money' Recap: Time to Wait for Things to Calm Down
at The Street - Wed Aug 26, 4:00AM CDT
The trading panel discussed Tuesday's 'scary' market, whether to buy Macy's and sell Apple.
JPM: 62.91 (+3.00), C: 52.28 (+2.40), M: 58.72 (+1.95), BAC: 16.06 (+0.80), AAPL: 109.69 (+5.95)
BNY Mellon Down 7%: Time to Own It?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 4:19PM CDT
With impressive performance history and strong fundamentals to ensure continuation of the same in future, BNY Mellon (BK) signals the right time to add it to your portfolio.
NTRS: 68.02 (+2.77), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
6 Reasons to Add Northern Trust (NTRS) to Your Portfolio
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 3:20PM CDT
Amid recent global turmoil, most of the stocks trending lower on anxiety among investors. We believe this creates a buying opportunity for long-term horses.
NTRS: 68.02 (+2.77), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
Goldman (GS) Depicts Uptrend: Should You Buy More?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 3:15PM CDT
On Aug 24, 2015, we issued an updated research report on The Goldman Sachs Group, Inc. (GS). Shares of this New York-based investment manager have recorded a one-year return of 2.2%.
GS: 184.40 (+6.18), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
U.S. Stocks Rally, But Is Now Time to Buy?
at The Street - Tue Aug 25, 2:36PM CDT
The CNBC ‘Fast Money’ traders debate whether it's time to dive into stocks now that the market seems to have stabilized.
KR: 35.08 (+1.42), JPM: 62.91 (+3.00), GILD: 106.96 (+4.40), UTX: 91.56 (+2.76), FB: 87.19 (+4.19), C: 52.28 (+2.40), XOM: 72.50 (+3.79), DIS: 99.23 (+3.34), WFC: 52.30 (+2.28), OXY: 67.15 (+1.40), AFL: 56.92 (+1.69), AAPL: 109.69 (+5.95)
BofA Sinks to 52-Week Low: A Solid Buying Opportunity?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 2:25PM CDT
BofA touched its 52-week low of $14.60 per share on Aug 24. Though the stock recovered somewhat and closed the session at $15.29 per share, we believe this is an attractive entry point for investors.
NTRS: 68.02 (+2.77), C: 52.28 (+2.40), BAC: 16.06 (+0.80), BK: 39.47 (+1.69)
3 Ways the Internet of Things Will Change Bank of America and Citigroup
Jay Jenkins, The Motley Fool - Motley Fool - Tue Aug 25, 6:40AM CDT
Wouldn't it be nice if there was an easier way to do business with your bank? Easier than online banking and mobile apps? More convenient that heading into the branch? A smarter, faster, and more efficient process to get a loan, make a deposit, and...
C: 52.28 (+2.40), BAC: 16.06 (+0.80)
10 Stocks George Soros is Buying in 2015
at The Street - Tue Aug 25, 5:57AM CDT
Here's a closer look at 10 stocks that Soros Fund Management bought in the most recently reported quarter.
ENDP: 76.38 (+3.29), SSNC: 66.51 (+1.39), ALLY: 21.08 (+0.29), DAL: 43.70 (+2.33), C: 52.28 (+2.40), CHTR: 177.60 (+6.31), YPF: 19.75 (+0.73), ESGR: 146.94 (+0.98), LUV: 37.39 (+0.87), ZTS: 44.25 (+1.69), AGN: 305.98 (+15.35), AA: 8.26 (+0.15), RLGY: 40.55 (+1.38), AAL: 38.85 (+1.35), ETFC: 25.26 (+1.12), TEVA: 64.82 (+0.61), TWC: 185.20 (+4.48), PCRX: 57.95 (+1.00), NRG: 19.07 (+0.17), SCHW: 29.74 (+0.94)
Telecom, Financial Stocks Eye Moves By Fed, China Oil
at Investor's Business Daily - Mon Aug 24, 5:25PM CDT
Shares in phone companies AT&T (T) and Verizon Communications (VZ) edged down on "Black Monday" amid a sell-off in technology and momentum stocks as some analysts said that high-paying dividend stocks may be a safe haven near-term for investors. The...
NFLX: 110.13 (+8.61), AMZN: 500.77 (+34.40), T: 32.69 (+0.89), JPM: 62.91 (+3.00), FB: 87.19 (+4.19), C: 52.28 (+2.40), AAPL: 109.69 (+5.95), VZ: 45.16 (+1.66)
Citigroup Falls 6.08% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Mon Aug 24, 4:48PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $47.10 to a high of $52.53. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $53.58 on volume of 37.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 52.28 (+2.40)
After Yesterday's Decline of 6.08%, Citigroup Offers Investors Better Value
Comtex SmarTrend(R) - Mon Aug 24, 4:48PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $47.10 to a high of $52.53. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $53.58 on volume of 37.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 52.28 (+2.40)
3 Cheap Bank Stocks that Have Dropped More than 13% Over the Past Month
John Maxfield, The Motley Fool - Motley Fool - Mon Aug 24, 2:30PM CDT
Market corrections aren't the times that try men's souls, they're the times that savvy investors get rich. And there are few better ways to exploit a market correction, like the one we're experiencing, than to buy shares of solid but beaten down...
RF: 9.25 (+0.48), C: 52.28 (+2.40), WFC: 52.30 (+2.28), BAC: 16.06 (+0.80)
Southern Buys Fellow Atlanta-Based Utility AGL Resources for $8 Billion
at The Street - Mon Aug 24, 10:55AM CDT
The acquisition will create the second-largest utility company in the country by customers after Exelon, with 11 regulated electric and natural gas distribution companies providing service to 9 million customers.
June 2016 Options Now Available For Citigroup (C)
DividendChannel.com - Mon Aug 24, 10:47AM CDT
Investors in Citigroup Inc saw new options become available today, for the June 2016 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 298 days until expiration the newly...
C: 52.28 (+2.40)
Citigroup Announces Expiration and Final Tender Results of Offers to Purchase Specified Series of Outstanding Notes
Business Wire - Mon Aug 24, 8:45AM CDT
Citigroup Inc. ("Citigroup"
C: 52.28 (+2.40)