Tag Archives: Bank

Bank of America returns to profit despite investment banking losses and litigation expenses

Posted on January 19, 2012 by Josie Middleton

Bank of America (NYSE:BAC) is trading nearly 5 percent higher today after the company returned to a fourth quarter profit amidst large legal expenses related to mortgages and losses from its investment banking business. The bank was able to offset …

Posted in Financial, Main Post | Tagged Analysts, BAC, Bank, Bank of America, bond, business, company, debt, investment, lawsuits, losses, market, mortgages, net income, NYSE, NYSE:BAC, profit, quarter, revenue, share, stock, trading, Wall Street | Comments Off

What the fuss State Street, Fastenal and Officemax?

Posted on January 18, 2012 by Cameron White

In this report: State Street Corp. (NYSE:STT), Fastenal Company (NASDAQ:FAST) and Officemax Inc. (NYSE:OMX).

State Street Corp. (NYSE:STT) is trading over 6 percent lower today after the bank reported its fourth quarter financials. Despite seeing its net income triple during …

Posted in Latest Headlines, Reports | Tagged adjusted, analyst, Bank, Barclays Capital, expectations, FAST, Fastenal Company, financials, NASDAQ, NASDAQ:FAST, net income, NYSE, NYSE:OMX, NYSE:STT, OfficeMax Inc., OMX, quarter, rating, reported, retailers, session, share, State Street Corp, stock, STT, trading, upgrade | Comments Off

JP Morgan down after posting 23 percent drop in 4Q earnings

Posted on January 13, 2012 by Martin Timble

JP Morgan (NYSE:JPM) has dropped by more than 3.2 percent today after the company released the results from its fourth quarter. The bank put aside a large amount of money in the quarter in order to fight lawsuits related to …

Posted in Financial, Main Post | Tagged accounting, Bank, company, earnings, investment banking, JP Morgan, JPM, litigation, markets, mortgages, net income, NYSE, NYSE:JPM, profit, quarter, revenue | Comments Off

Bank Stocks Down on European Debt Worries

Posted on December 12, 2011 by Cameron White

Financial stocks are sharply lower today because of the renewed worries about the European debt crisis. JP Morgan (NYSE:JPM) is down 3.8%, Bank of America (NYSE:BAC) 4.6% and Citigroup (NYSE:C) 5.6%.

American banks are assumed to have significant exposure to …

Posted in Financial, Latest Headlines | Tagged BAC, Bank, Bank of America, C, Citigroup, debt crisis, european debt, financials, JP Morgan, JPM, NYSE, NYSE:BAC, NYSE:C, NYSE:JPM, stocks | Comments Off

At the bell buzz (NFLX, C, PM)

Posted on November 16, 2011 by Martin Timble

In this report: Philip Morris (NYSE:PM), Citigroup (NYSE:C) and Netflix (NASDAQ:NFLX).

Philip Morris (NYSE:PM) is trading over a percent higher today after the company raised its outlook for the full year. The cigarette maker behind Marlboro and other brands said …

Posted in Latest Headlines, Reports | Tagged Bank, banking, brands, C, cigarette, Citigroup, company, cut, DVD-by-mail, expectation, expenses, forecast, Marlboro, Miramax, NASDAQ, NASDAQ:NFLX, net income, Netflix, NFLX, NYSE, NYSE:C, NYSE:PM, online streaming, outlook, Philip Morris, PM, report, Securities, share, subscribers, trading, Wall Street, workforce | Comments Off

4 stocks to watch (EK, AKS, CNC, PVTB)

Posted on October 25, 2011 by Josie Middleton

In this report: PrivateBancorp (NASDAQ:PVTB), Centene Corp. (NYSE:CNC), AK Steel Holding Corp. (NYSE:AKS) and Eastman Kodak (NYSE:EK).

PrivateBancorp (NASDAQ:PVTB) is trading over 13 percent higher today after the company reported the results from its third quarter fiscal period. The regional …

Posted in Latest Headlines, Reports | Tagged adjusted, AK Steel Holding Corp., AKS, analyst, Bank, camera, Centene Corp., Centerbridge, Cerberus Capital, CNC, company, earnings, Eastman Kodak, EK, expectations, expenses, financing, fiscal, full-year, guidance, hedge funds, Highbridge Capital, in trouble, loss, NASDAQ, NASDAQ:PVTB, net income, NYSE, NYSE:AKS, NYSE:CNC, NYSE:EK, outlook, patents, PrivateBancorp, PVTB, report, reported, revenue, share, Silver Point Capital, steel, tax, trades, trading | Comments Off

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Tag Archives: Bank

JP Morgan down after posting 23 percent drop in 4Q earnings

Bank Stocks Down on European Debt Worries

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