I’ll be honest, I voiced concerns over Goldman Sachs Group Inc (NYSE:GS). I wasn’t sure if the bank would be able to meet analyst expectations in the most recent quarter.
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July 23 - News
Take Citigroup Inc. (NYSE:C) and Bank of America Corp (NYSE:BAC), for instance.
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July 23 - News
Only once before in recorded history have mortgage rates been more volatile than they are right now.
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July 22 - News
Several big banks have reported earnings over the past week and it has helped push stocks back up to record highs.
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July 22 - News
Some are worried that higher rates may slow the housing recovery, depress home prices, and ultimately threaten bank earnings as mortgage volumes slump.
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July 22 - News
When megabanks JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Co (NYSE:WFC) reported second-quarter earnings late last week, the effect of skyrocketing mortgage interest rates...
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July 22 - News
The financial sector came through with a fairly phenomenal quarter.
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July 22 - News
For decades, young adults have gotten themselves in trouble by maxing out their credit cards and digging themselves into a huge debt hole.
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July 22 - News
The southeastern part of the U.S., specifically Florida and Alabama, was especially hard-hit by the 2008 recession, and as a result, many banks saw loans sour as home prices fell...
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July 22 - News
The latest survey gauging customer satisfaction with mortgage servicers was released last week, and it delivered both good and not-so-good news.
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July 22 - News
Recently, fellow Fool David Hanson posted a video of former Countrywide CEO Angelo Mozilo being interviewed on CNBC way back in 2007.
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July 22 - News
Citigroup Inc (NYSE:C) becomes the third money center bank to report its performance for the second quarter, after JPMorgan Chase & Co.
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July 20 - News
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...
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July 19 - News
The financial collapse of 2007, and the recession that followed in 2008, changed the way we looked at banks forever.
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July 19 - News
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.
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July 19 - News
Millions of Americans lost tens or even hundreds of thousands of dollars of net worth during the housing bust, as the value of their homes plunged.
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July 19 - News
When it comes to investing for the long-term, diversification is the name of the game.
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July 18 - News
Common sense seems to dictate that rising mortgage rates will hurt the housing market by depressing the demand for purchase-money mortgages.
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July 17 - News
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.
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July 17 - News
The earnings season is starting to gain some steam. Two big banks, Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
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July 17 - News
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 ...
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July 17 - News
Since the beginning of the year, Citigroup Inc (NYSE:C) has beaten the performance of the overall stock market.
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July 17 - News
The earnings season has kicked off within the US financial sector as JPMorgan Chase & Co.
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July 17 - News
Credit card use is up, and that's great news for industry heavies Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) , both of which have been on a tear over the past few month.
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July 16 - News
In an environment of volatile interest rates, the largest US home lender, Wells Fargo & Co (NYSE:WFC) became one of the first money-center banks to report second-quarter performance...
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July 16 - News
As we enter earnings season, the Street has placed the majority of its focus once again on the financial sector.
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July 16 - News
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 ...
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July 16 - News
Earnings season is in full flow now, and it’s the turn of banking heavyweights such as Wells Fargo & Co (NYSE:WFC) and JPMorgan Chase & Co.
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July 16 - News
Interest rates have been surging lately for a ton of different reasons. The economic climate is getting better, and eventually we'll see the Fed bump up the price of debt.
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July 16 - News
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.
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July 16 - News
Stocks soared to their third consecutive week of strong gains, riding optimism over the continuation of quantitative easing programs to record highs.
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July 16 - News
Profitable growth in the financial sector depends on a rebound in economic growth and rising interest rates.
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July 16 - News
While long-term rates were kept low for quite some time, loan growth at Bank of America Corp (NYSE:BAC) remained sluggish.
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July 16 - News
Earnings season has officially begun, and there were several companies that either reported earnings or provided preliminary earnings, which created a significant amount of stock...
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July 16 - News
It's on a roll. Wells Fargo & Co (NYSE:WFC) was trading at $43.35 shortly before 11 a.m. EDT.
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July 15 - News
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 (...
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July 15 - News
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...
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July 15 - News
In his excellent book "One Up on Wall Street," Peter Lynch, the best mutual fund manager ever, revealed a powerful charting tool that helped him achieve an annual gain of 29.2...
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July 15 - News
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.
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July 15 - News
There's finally something other than the Federal Reserve and "tapering" for traders to obsess over.
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July 15 - News
Last Friday, the better than expected jobs report caused the market to stage an end of week rally. The Bureau of Labor Statistics reported that the U.S.
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July 15 - News
When I run across a company I might be interested in as an investment -- one that I know next to nothing about -- I typically start my investigation by just jumping in and taking...
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July 15 - News
Interest rates on federally subsidized Stafford student loans doubled as of July 1, and since then, Congress has tried to pass a student loan bill that would give students and...
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July 15 - News
Many investors have expected for years that interest rates on mortgage loans would eventually rise from record-low levels.
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July 15 - News
Dividend stocks have gotten incredibly popular among investors as the search for income has led many to take on more risk in their portfolios in order to generate the cash flow...
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July 15 - News
Most European castles are situated in strategically significant locations: on cliffs overlooking the sea, square in the middle of valleys, at the entrance to mountain passes, ...
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July 15 - News
While individual stocks typically move on company-specific news, when the major indexes make big moves, it's usually due to macro events or economic data reports that give investors...
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July 15 - News
Mortgage rates have skyrocketed over the past few months.
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July 15 - News
Interest rates are rising, and mortgage rates have gone along for the ride. According to Freddie Mac, for the week of July 12, 2012, the average rate on a U.S.
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July 15 - News
Wall Street bankers make millions of dollars a year, many (many) multiples of what the average Joe makes.
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July 12 - News