Bank of America Corp (BAC) Just Can’t Seem to Grasp the Mortgage Business
The latest survey gauging customer satisfaction with mortgage servicers was released last week, and it delivered both good and not-so-good news.
Posts Tagged ‘Citigroup Inc. (C)’
Citigroup Inc (C): Getting the House in Order
Citigroup Inc (NYSE:C) becomes the third money center bank to report its performance for the second quarter, after JPMorgan Chase & Co.
Why Wells Fargo & Co (WFC) Is Flying High Today
Earnings results have kept banks in the limelight this week, as Bank of America Corp (NYSE:BAC) turned in its own sweet second-quarter numbers, following similar stellar announcements...
Citigroup Inc (C), Goldman Sachs Group, Inc. (GS) & JPMorgan Chase & Co. (JPM): Banks Have Their Eyes Set on the Future
Bank results are a good proxy of what might be happening in the economy.
Wells Fargo & Co (WFC) Gets the Short End of the Stick
Most of Wells Fargo & Co (NYSE:WFC)’s business activities are based around lending and fee-based activities on the small business and consumer level.
Hedge Fund News: Paul Singer, Chipotle Mexican Grill, Inc. (CMG), Herbalife Ltd. (HLF)
Editor's Note: Related tickers: Chipotle Mexican Grill, Inc. (NYSE:CMG), Herbalife Ltd. (NYSE:HLF), Hess Corp. (NYSE:HES), Citigroup Inc (NYSE:C), Goldman Sachs Group, Inc.
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): An Unexpected (but Welcome) Consequence of Rising Mortgage Rates
Common sense seems to dictate that rising mortgage rates will hurt the housing market by depressing the demand for purchase-money mortgages.
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM) & Citigroup Inc (C): These Three Banking Giants Cannot Be Stopped!
Although sometimes it may not seem to be true, the global economy continues its steady recovery from the devastating effects of the recent financial crisis.
Wells Fargo & Co (WFC): This High Quality Bank Is Still a Buy at All-time Highs
Wells Fargo & Co (NYSE:WFC) is on a tear lately; the stock has risen by more than 25% in the last year, and is now trading at new historical highs after reporting better than ...
Why Citigroup Inc (C) Is in the Green Today
Two hours into trading, Citigroup Inc (NYSE:C) is up 0.8%, riding the market wave of reassuring -- or at the very least not terrifying -- congressional testimony from Federal...
JPMorgan Chase & Co. (JPM), Citigroup Inc (C), Celgene Corporation (CELG): A Red-Hot IPO Market Awaits These 7 New Stocks
Recent deals have performed so well that investment bankers are hustling the next crop up to the starting gate at a rapid pace. You can't blame them.
Citigroup Inc (C), JPMorgan Chase & Co. (JPM) & Wells Fargo & Co (WFC): Which Megabanks Are Good for Investors Now?
Since the beginning of the year, Citigroup Inc (NYSE:C) has beaten the performance of the overall stock market.
Apple Inc. (AAPL) Investors: The iWatch Won’t Save You (Now)
Following the best week for U.S.
Will Earnings Push Bank of America Corp (BAC) to Multiyear Highs?
Bank of America Corp (NYSE:BAC) is scheduled to release its quarterly earnings report tomorrow, and with its report coming on the heels of similar announcements from many of ...
Bank of America Corp (BAC), Wells Fargo & Co (WFC): Three Reasons These Banking Relics Are Still Relevant
Ten bucks says that if you jumped in your car and drove within a five-mile radius of a suburban area, you would pass at least 10 bank branches.
First Republic Bank (FRC): The Rising Star in the Banking Industry
At the moment, banks may be one of the best opportunities for investors.
Why Wells Fargo & Co (WFC) Hit a New High This Morning
It's on a roll. Wells Fargo & Co (NYSE:WFC) was trading at $43.35 shortly before 11 a.m. EDT.
Why Bank of America Corp (BAC) Stock Could Break $14 Today
At mid-morning, shares have risen admirably, building on the momentum the bank's stock price experienced last Friday.
Billionaire David Tepper’s Long Term Picks Include Microsoft Corporation (MSFT)
We maintain a database of quarterly 13F filings from hundreds of hedge funds, including billionaire David Tepper’s Appaloosa Management.
Somebody’s Lying at Bank of America Corp (BAC)
Unbowed by the excruciating testimony provided by seven former employees in the Home Affordable Mortgage Program lawsuit currently under way in Boston, Bank of America Corp (...
American International Group Inc (AIG) Investors Ride Their Own Market Wave Today
An hour and a half into trading, American International Group Inc (NYSE:AIG) is up by 0.3%: so far handily beating the market, if not quite keeping pace with its financial sector...
Is Wells Fargo & Co (WFC) Still the Best Bank in the Business?
Wells Fargo & Co (NYSE:WFC) will release its quarterly earnings report on Friday, and some investors are already concerned about the potential for a disappointment.
Apple Inc. (AAPL), Citigroup Inc (C): Five U.S. Companies Opening Up Shop in the World’s Most Dangerous Countries
We've all heard the term "emerging markets" thrown out before to describe nations that are in a rapid state of growth.
Four Reasons to Buy Citigroup Inc (C) and Sell JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc (GS)
In the world of stocks, rotation often takes place between market sectors. For example, investors often rotate away from consumer staples such as Dollar General Corp.
JPMorgan Chase & Co. (JPM), Citigroup Inc (C): Good News for America, Bad News for Banks
Wall Street bankers make millions of dollars a year, many (many) multiples of what the average Joe makes.
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM): Dow Soars but Banks Are Still in Limbo
Now that things are settled, the Dow Jones Industrial Average can get back to business. Soaring this morning after Mr.
JPMorgan Chase & Co. (JPM) Earnings Could Determine the Dow’s Fate
JPMorgan Chase & Co. (NYSE:JPM) is scheduled to release its quarterly earnings report tomorrow, and there's a lot riding on what the big bank says about its future.
Bank of America Corp (BAC): Can This Bank Win Back America?
Bank of America Corp (NYSE:BAC) is perhaps one of the most interesting stories facing investors today.
Can Citigroup Inc (C) Earnings Defy the Mortgage Slowdown?
Citigroup Inc (NYSE:C) will release its quarterly report next Monday, and chief among the fears of investors in the big bank is how the recent rise in interest rates will affect...
Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): Two Banks to Buy, One to Avoid
Since the 2008 economic crisis, the Federal Reserve has taken steps to reduce the volatility in interest rates in order to boost the economy and to reduce unemployment.
UBS AG (ADR) (UBS) Boots Bank of America Corp (BAC) from Top Spot
The world's wealthiest people are returning to the private banks of some of the world's largest banking institutions, a welcome turnaround from the depressed numbers private bankers...
All Is Not Well for Citigroup Inc. (C)
Citigroup Inc. (NYSE:C) is the third largest bank in the US and also has an extensive global presence.
Citigroup Inc. (C) Ponies up $968 Million to Fannie Mae, What’s Next?
The too big to fail banking behemoth will fork over $968 million to cover pre-existing loans and any potential future claims on loans originated and sold to Fannie Mae between...
Citigroup Inc. (C) Is About to Get Boring
Three hours into trading, Citigroup Inc. (NYSE:C) is trading down 1.1%, after opening down 0.8%.
Hedge Fund News: Bill Ackman, FedEx Corporation (FDX), Citigroup Inc (C)
Editor's Note: Related tickers: FedEx Corporation (NYSE:FDX), Citigroup Inc (NYSE:C), McDonald's Corporation (NYSE:MCD), The Procter & Gamble Company (NYSE:PG), Facebook Inc (...
Bank of America Corp (BAC), Citigroup Inc (C), JPMorgan Chase & Co. (JPM): Are Big Banks Becoming Utilities?
Earlier this week, Federal Reserve officials unanimously voted to adopt Basel III capital rules for U.S. banks. Effective Jan. 1, 2014, U.S.
Why Bank of America Corp (BAC) Is Stalling
It's been a good year thus far for bank stocks, with the KBW Bank Index up by 25% since the beginning of January, but things appear to be stalling today.
Citigroup Inc. (C)’s Overseas Business
Ever since the financial crisis of 2008, almost every major company in the financial industry has virtually lost all of its market value.
Citigroup Inc. (C)’s Michael Corbat: Not Your Average Wall Street CEO
If you want to crack the code of a company -- to really understand what makes it tick as a business and, therefore, as an investment -- one of the things you have to get your ...
Wells Fargo & Co (WFC), Discover Financial Services (DFS), Citigroup Inc (C): Banking on Banks Amid Higher Rates
Over the last couple of weeks, interest rates across the bond market have rising fairly drastically as a result of fears concerning tighter monetary policy.
Citigroup Inc (C) Investors Stand by Their Stock This Week
An encouraging jobs report and a nearly billion-dollar setback made for an interesting week for Citigroup Inc (NYSE:C).
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM): Big Banks Are Boosters of Marriage Equality
Although it's been six years since the financial crisis, it is apparent the big banks are still held in low regard by the general public, especially since there always seems to...
JPMorgan Chase & Co. (JPM): Mortgage Applications Plummet, Weighing on Bank Stocks
This morning, the Mortgage Bankers Association announced that applications for home loans fell last week by 11.7% compared with the prior week.
Bank of America Corp (BAC) Reaps the Benefits of a Day Off
Everyone needs a day off once in a while, and the Independence Day holiday yesterday may have given bank investors the little bit of relaxation they needed to end the week on ...
Bank of America Corp (BAC), JPMorgan Chase & Co. (JPM), Citigroup Inc. (C): Prepare for the Q2 Earnings-Season Bloodletting
This is going to make for some serious ugliness on bank balance sheets. In the fixed-income market, the basic math is simple: When rates go up, prices go down.
Expect Bank of America Corp (BAC) to Just Squeak By Today
After opening down 2%, about an hour and a half into the trading day, Bank of America Corp (NYSE:BAC) stock is now down only 0.8%. That's some progress.
Billionaire George Soros’s Long Term Stock Picks Include Google Inc (GOOG)
In addition to using our database of quarterly 13F filings from hedge funds and other notable investors as a tool in researching investment strategies (we have found, for example...
JPMorgan Chase & Co. (JPM), U.S. Bancorp (USB), Citigroup Inc (C): Could Higher Rates Still Mean Book Value Growth for Your Bank?
The first half the current quarter was marked by climbing interest rates thanks to the speculation that started since May that the Fed might be ending its aggressive bond buying...
Buy Stock in Citigroup Inc. (C) Because of Corbat
If you want to crack the code of a company -- to really understand what makes it tick as a business and as an investment -- one of the things you have to get your head around ...
State Street Corporation (STT), Goldman Sachs Group Inc (GS): How Tight Are the Fed’s New Banking Thumbscrews?
The Fed just tightened regulations on America's largest banks. If you're "too big to fail," you'll have to live up to premium requirements.
