The 5 Cheapest Big Bank Stocks Right Now
John Maxfield, The Motley Fool - Motley Fool - Fri Oct 23, 3:20PM CDT
If you're on the hunt for cheap big bank stocks, then you'll want to take a look at Citigroup , Regions Financial , and KeyCorp , as well as the other two big bank stocks revealed in the slideshow below. While there are undoubtedly reasons...
RF: 9.45 (+0.24), C: 53.64 (+1.13), KEY: 13.52 (+0.32)
Are BofA's 1 Million New Credit Cards a Good Omen?
at The Street - Fri Oct 23, 8:34AM CDT
Consumer businesses are looking up at Wells Fargo and Citigroup, while trading has weighed on earnings at Wall Street banks like Goldman Sachs and Morgan Stanley.
GS: 185.50 (+1.94), JPM: 63.87 (+0.68), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36), MS: 32.62 (+0.27)
Regions Financial: 3 Reasons to Buy and 3 Reasons to Be Cautious
Matthew Frankel, The Motley Fool - Motley Fool - Fri Oct 23, 7:20AM CDT
Image source: Wikipedia user Billy Hathorn . Regions Financial reported its third-quarter earnings earlier this week, and the results were mixed. The bank slightly missed estimates for both earnings and revenue, and there were a few other...
RF: 9.45 (+0.24), JPM: 63.87 (+0.68), C: 53.64 (+1.13)
Wells Fargo & Co. Had a Solid Third Quarter. Why Didn't Bank of America?
Motley Fool Staff - Motley Fool - Thu Oct 22, 5:00PM CDT
The major U.S. banks have all reported quarterly earnings, with each facing its own issues with profitability. But while Wells Fargo reported solid asset growth, Bank of America and Citigroup continue to mend from the financial crisis....
GS: 185.50 (+1.94), JPM: 63.87 (+0.68), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36)
Citigroup (C) Crosses Pivot Point Resistance at $52.72
Comtex SmarTrend(R) - Thu Oct 22, 12:37PM CDT
Shares of Citigroup (NYSE:C) have bullishly opened above the pivot of $52.25 today and have reached the first resistance level of $52.72. Analysts will be watching for a cross of the next upside pivot targets of $53.62 and $54.99.
C: 53.64 (+1.13)
Downtrend Call Working As Citigroup Stock Falls 9.2% (C)
Comtex SmarTrend(R) - Thu Oct 22, 9:25AM CDT
SmarTrend identified a Downtrend for Citigroup (NYSE:C) on August 11th, 2015 at $57.75. In approximately 2 months, Citigroup has returned 9.19% as of today's recent price of $52.44.
C: 53.64 (+1.13)
Citigroup Declares Common Stock Dividend
Business Wire - Thu Oct 22, 7:45AM CDT
The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup's common stock of $0.05 per share, payable on November 25, 2015 to stockholders of record on November 2, 2015.
C: 53.64 (+1.13)
Watch for Citigroup to Potentially Rebound After Falling 1.95% Yesterday
Comtex SmarTrend(R) - Wed Oct 21, 3:52PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.79 to a high of $53.16. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $52.33 on volume of 15.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 53.64 (+1.13)
Look for Shares of Citigroup to Potentially Rebound after Yesterday's 1.95% Sell Off
Comtex SmarTrend(R) - Wed Oct 21, 3:51PM CDT
Citigroup (NYSE:C) traded in a range yesterday that spanned from a low of $51.79 to a high of $53.16. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $52.33 on volume of 15.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
C: 53.64 (+1.13)
Price Collapse Means Hard Times for Alternative Oil Production
at The Street - Wed Oct 21, 2:30PM CDT
And this can have far-reaching implications; banks will feel the pain.
TSLA: 209.09 (-2.63), JPM: 63.87 (+0.68), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36)
Samsung Pay Is Finally Available For Verizon Customers
Madeleine Johnson - Zacks Investment Research - Wed Oct 21, 1:19PM CDT
Verizon customers have had to wait almost a month to use Samsung Pay since its launch.
T: 33.74 (-0.22), USB: 42.62 (+0.78), S: 4.71 (+0.25), C: 53.64 (+1.13), SYF: 31.69 (-0.14), BAC: 16.52 (+0.36), GOOGL: 719.33 (+38.19), TMUS: 41.27 (+0.83), AAPL: 119.08 (+3.58), VZ: 46.16 (+0.27), USM: 37.66 (+0.12)
Here's Why Bank Stocks Are Set to Rise Dramatically
at The Street - Wed Oct 21, 11:24AM CDT
Technical analysis shows bank stocks are poised for a rally. Don't miss this opportunity to profit.
C: 53.64 (+1.13), DB: 30.75 (+0.44)
Wells Fargo Will Soon Be the Nation’s Third-Biggest Bank by Assets, Overtaking Citigroup
John Maxfield, The Motley Fool - Motley Fool - Wed Oct 21, 10:20AM CDT
Data source: YCharts.com. Chart by author. The financial crisis was the best thing that ever happened to Wells Fargo . By steering clear of the most toxic types of subprime mortgages before the crisis, the California-based bank was able to...
GE: 29.51 (-0.07), C: 53.64 (+1.13), BAC: 16.52 (+0.36), WFC: 54.75 (+0.69)
Why Bank Stocks Like Citigroup and PNC Financial Services Look Cheap
at The Street - Wed Oct 21, 10:12AM CDT
Forget about when and whether the Federal Reserve will raise interest rates. Opportunity could be staring you right in the face, because these bank stocks appear cheap right now.
JPM: 63.87 (+0.68), C: 53.64 (+1.13), STI: 41.75 (+0.96), PNC: 91.24 (+1.76), BKU: 37.17 (+0.86)
Citi Strengthens Custody and Fund Services Organization
Business Wire - Wed Oct 21, 9:11AM CDT
Citi announced today that it has hired Dominic Crowe as Global Head of Product Development and Strategy for Custody and Fund Services and Bill Pryor as Global Head of Data and Analytics for Custody and Fund Services. In addition, Citi has appointed Jay Martin to run its North America Custody and Fund Services franchise.
C: 53.64 (+1.13)
Accenture, Partnership Fund for NYC and Leading Banks Call for Applicants for New York FinTech Innovation Lab 2016
M2 - Wed Oct 21, 8:22AM CDT
Applications are now being accepted for New York's sixth annual FinTech Innovation Lab, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that helps early- and growth-stage financial technology (fintech) companies accelerate product and business development by gaining exposure to top bank and venture capital executives. Applications are available at www.fintechinnovationlab.com and are due by Dec. 3.
AXP: 74.59 (+2.09), ALLY: 19.99 (+0.06), C: 53.64 (+1.13), WFC: 54.75 (+0.69), BAC: 16.52 (+0.36), MS: 32.62 (+0.27), GS: 185.50 (+1.94), COF: 81.12 (+6.18), JPM: 63.87 (+0.68), AIG: 61.28 (+0.53), ACN: 107.99 (+1.53)
5 Things Smart Investors Learned From Wells Fargo's Latest Conference Call
John Maxfield, The Motley Fool - Motley Fool - Tue Oct 20, 4:20PM CDT
Last week, Wells Fargo hosted a conference call to discuss its results for the third quarter. Here are the five most important things the bank's executives wanted investors to know. 1. Operating from a position of strength Because Wells...
GE: 29.51 (-0.07), JPM: 63.87 (+0.68), C: 53.64 (+1.13), BAC: 16.52 (+0.36), WFC: 54.75 (+0.69)
For Shaky Energy Stocks, You Have Options
at The Street - Tue Oct 20, 3:00PM CDT
Price distortion is happening in the energy patch.
AXP: 74.59 (+2.09), CHK: 7.83 (+0.03), C: 53.64 (+1.13), XCO: 1.34 (+0.01), SN: 6.97 (-0.07), BAC: 16.52 (+0.36), WFC: 54.75 (+0.69)
Citi Launches Enhanced Treasury Diagnostics Global Benchmarking Tool
Business Wire - Tue Oct 20, 8:00AM CDT
Citi announces the release of the newly enhanced version of Citi Treasury Diagnostics ("CTD"
C: 53.64 (+1.13)