Earlier this week, CoreLogic came out with some good news on the housing front: Rising home prices during the first quarter of this year have raised values, lifting about 850,000 homeowners out of negative...... (read more)

A good pay package should encourage managers to run companies correctly, to consider the long term and avoid taking excessive risks. But in many cases, compensation schemes not only fail to achieve that...... (read more)

Though the market began the day in a slump over global economic concerns, the Dow Jones Industrial Average (INDEXDJX:.DJI) is back in positive territory just after 11 a.m. EDT. Some positive economic...... (read more)

Billionaire David Tepper is the founder of Appaloosa Management, the $3 billion hedge fund based in New Jersey. Tepper earned a master of science in industrial administration from Carnegie Mellon in '...... (read more)

According to the Wall Street Journal, the U.S. banking industry posted record profits at the end of the first quarter. The record profits are a signal to the industry’s recovery after the 2008 financial...... (read more)

Like many of its peers, Bank of America Corp (NYSE:BAC) attended the Morgan Stanley Financials Conference in New York this week, where Chief Financial Officer Bruce Thompson was put on the hot seat,...... (read more)

Large cap banks might continue to face headwinds as far as their revenues are concerned due to sluggish growth in loans. However, I'll focus on any signs of improvement and try to differentiate between...... (read more)

Citigroup Inc (NYSE:C) is up just barely in the first hour and a half of trading, after the pounding it took yesterday after a negative and widely read Bloomberg article made the rounds. But with the...... (read more)

It's common knowledge that overdraft fees on checking accounts have historically been moneymakers for banks, while hitting the pocketbooks of customers who are the least able to afford them. Generally...... (read more)