Jim Cramer's 'Mad Money' Recap: Here's Next Week's Game Plan
at The Street - 40 mins ago
It's government shutdown season and that's never good for the stock market, Cramer says. So he'll be watching Washington as well as earnings from Johnson & Johnson and Wells Fargo.
GE: 28.07 (+0.04), HON: 101.16 (+0.09), DAL: 47.21 (+1.25), C: 51.38 (-0.27), PSTG: 16.60 (+0.67), QSII: 12.54 (+0.11), INTC: 32.14 (-0.38), SLB: 76.36 (-0.28), JNJ: 95.37 (+0.29), T: 33.14 (-0.26), ETP: 46.39 (+0.91), JPM: 61.93 (-0.20), GWPH: 87.75 (+0.45), HSIC: 141.70 (+0.51), GLNG: 32.01 (-1.47), LNG: 53.04 (-0.25), WFC: 52.14 (-0.40), BAC: 15.58 (-0.17), LLY: 86.14 (+2.37), BMY: 61.44 (+0.93), CSX: 29.08 (-0.01), CI: 136.36 (+2.73), RDUS: 57.80 (-3.30), WBA: 85.37 (+1.09), GS: 179.19 (-1.88), VZ: 44.16 (-0.07)
Bank Stock Roundup: Litigations Continues; Wells Fargo, JPMorgan Buckle Up for Q3 Earnings
Zacks Equity Research - Zacks Investment Research - 2 hrs 30 mins ago
Major banking stocks moved higher in the last five trading days reflecting optimism in the market.
FITB: 18.97 (-0.18), RF: 9.09 (-0.17), BBT: 36.54 (-0.37), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), KEY: 13.06 (-0.28), OZRK: 46.02 (-0.48), JPM: 61.93 (-0.20), COF: 74.45 (-0.60), USB: 41.58 (-0.32), STI: 39.43 (-0.42), PNC: 89.82 (-1.15), CMA: 42.84 (-0.62)
Jim Cramer Eyeing Wells Fargo, JPMorgan, Other Banks in Week Ahead
at The Street - Fri Oct 09, 3:30PM CDT
TheStreet's Jim Cramer is particularly interested in Wells Fargo's (WFC) third-quarter earnings.
JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40)
Stocks Crawl Into the Weekend as More Earnings Loom
at The Street - Fri Oct 09, 3:01PM CDT
Stocks barely make any moves on Friday as investors wait until next week for the earnings season to crank up a notch.
BUD: 111.88 (+1.19), GE: 28.07 (+0.04), DAL: 47.21 (+1.25), C: 51.38 (-0.27), WMT: 66.69 (-0.19), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), LL: 18.84 (+2.42), INTC: 32.14 (-0.38), NFLX: 113.33 (-1.60), JNJ: 95.37 (+0.29), RT: 5.80 (-0.80), AA: 10.26 (-0.75), GS: 179.19 (-1.88), EBAY: 24.30 (+0.15), JPM: 61.93 (-0.20), MAT: 22.35 (+0.02), AAL: 42.42 (+2.68), GPS: 27.42 (-1.53), HMC: 32.72 (+0.22)
Q3 Earnings Season Preview
Sheraz Mian - Zacks Investment Research - Fri Oct 09, 2:45PM CDT
Q3 Earnings Season Preview
NFLX: 113.33 (-1.60), JNJ: 95.37 (+0.29), GE: 28.07 (+0.04), GS: 179.19 (-1.88), JPM: 61.93 (-0.20), HON: 101.16 (+0.09), C: 51.38 (-0.27), KSU: 97.95 (-0.51), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40), INTC: 32.14 (-0.38), AAPL: 112.12 (+2.62), SLB: 76.36 (-0.28)
Respite for Citigroup: Los Angeles Lawsuit Dismissed
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 1:55PM CDT
The city of Los Angeles has reportedly dropped the discriminatory lending charge against Citigroup (C).
JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40)
How Hillary Plays the Class Warfare Card Without Enraging Wall Street
at The Street - Fri Oct 09, 12:02PM CDT
Clinton's plan notes the potential risks of large banks but wouldn't automatically require such firms -- which include Bank of America, JPMorgan Chase and Citigroup -- to break themselves up.
JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17)
Clinton to Break Up Big Banks? 5 Financial Stocks to Watch
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 10:15AM CDT
Though Clinton's proposals are not vastly different from what have been implemented since the 2008 financial crisis, we believe the financial institutions will remain in focus owing to the plans.
GS: 179.19 (-1.88), JPM: 61.93 (-0.20), C: 51.38 (-0.27), WFC: 52.14 (-0.40), AIG: 58.19 (-0.05)
Latin America rolls out red carpet for once-scorned IMF
By JOSHUA GOODMAN - AP - Thu Oct 08, 4:18PM CDT
LIMA, Peru (AP) — The last time the IMF held its annual meetings in Latin America, Ernesto "Che" Guevara was trying to spread Cuba's revolution throughout the hemisphere and much of the region was under the thumb of repressive dictatorships.
C: 51.38 (-0.27)
Saudi Prince Increases Stake in Twitter (TWTR) to Over 5%
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 2:55PM CDT
Saudi Arabian prince Alwaleed bin Talal and his investment company Kingdom Holding Company have increased their stake to over 5% in Twitter, Inc. (TWTR).
CALL: 9.61 (+0.21), C: 51.38 (-0.27), TWTR: 30.85 (+0.53), NWSA: 13.96 (-0.09)
DaVita Appoints Barbara J. Desoer to Board of Directors
PR Newswire - Thu Oct 08, 5:00AM CDT
DaVita HealthCare Partners Inc. (NYSE: DVA), the leading independent medical group in America and leading provider of kidney care services, announced today that Barbara J. Desoer has been appointed to the company's Board of Directors.
DVA: 73.16 (+0.06), C: 51.38 (-0.27)
Citigroup Down 10.4% Since SmarTrend Downtrend Call (C)
Comtex SmarTrend(R) - Wed Oct 07, 10:25AM CDT
SmarTrend identified a Downtrend for Citigroup (NYSE:C) on August 11th, 2015 at $57.75. In approximately 2 months, Citigroup has returned 10.43% as of today's recent price of $51.72.
C: 51.38 (-0.27)
Fifth Third Resolves Faulty Mortgage Suit; to Pay $85M
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 10:20AM CDT
Fifth Third Bancorp (FITB) has come up with another settlement within a week related to its faulty lending practices prior to the financial crisis. The Cincinnati - based bank has agreed to resolve civil fraud claims related to mortgage loan practices with the settlement amount of $85 million.
FITB: 18.97 (-0.18), JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17)
BlackRock Receives License to Trade in Saudi Arabia Market
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 10:00AM CDT
BlackRock (BLK) became the latest firm to obtain a qualified foreign investor license to trade directly in the $340 billion stock market of Saudi Arabia.
MRCC: 14.70 (-0.04), BLK: 318.11 (-0.46), C: 51.38 (-0.27), HSBC: 40.57 (-0.22)
How to Trade 4 'Too Big to Fail' Banks in Earnings Season
at The Street - Wed Oct 07, 8:48AM CDT
The four 'too big to fail' banks have been lagging the market over the last few trading sessions and face technical 'death crosses.' Here's how to trade them.
JPM: 61.93 (-0.20), C: 51.38 (-0.27), BAC: 15.58 (-0.17), WFC: 52.14 (-0.40)
Citi and NBC's TODAY Announce Multi-Year Sponsorship and Launch Citi Concert Series on TODAY
Business Wire - Wed Oct 07, 7:00AM CDT
Citi and NBC's TODAY announced this morning the Citi Concert Series on TODAY, to provide year-round opportunities for millions of Citi customers, TODAY viewers and fans to enjoy live performances by their favorite artists. This new multi-year sponsorship brings together Citi's and TODAY's decades of experience in live entertainment working with thousands of chart-topping artists.
C: 51.38 (-0.27)
Probe on Banks' Electronic FX Trade Rigging Intensifies
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 1:55PM CDT
Once again, banks are in the limelight; this time for their alleged manipulation of electronic FX trade. The NYDFS has intensified investigation into the matter.
BCS: 15.71 (-0.10), GS: 179.19 (-1.88), JPM: 61.93 (-0.20), C: 51.38 (-0.27), CS: 24.77 (+0.24), HSBC: 40.57 (-0.22), DB: 29.34 (+0.95), UBS: 19.79 (-0.10)
Why is Citi Cutting Finance to Coal Mining Companies?
Zacks Equity Research - Zacks Investment Research - Tue Oct 06, 10:20AM CDT
Amid the heightened fossil fuel divestment movement that calls for offloading investments in fossil fuel companies, Citigroup Inc. (C) revealed that it is set to cut its funding pipeline to coal mining companies
IBKR: 38.95 (-1.00), C: 51.38 (-0.27), STI: 39.43 (-0.42), BAC: 15.58 (-0.17)
3 Big Banking Scandals You Should Know About
at The Street - Tue Oct 06, 10:05AM CDT
If you're new to financial news or investing, here are three recent banking scandals with broad repercussions that you should know about.
BCS: 15.71 (-0.10), GS: 179.19 (-1.88), JPM: 61.93 (-0.20), C: 51.38 (-0.27), HSBC: 40.57 (-0.22), RBS: 10.21 (-0.01), UBS: 19.79 (-0.10), LYG: 4.80 (+0.03)