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Top bank market stocks to buy now- BAC, RBS, LYG, BCS, USB, AIB, C, IBN, WBK, BBD, STT, BMA…
Sunday, May 8, 2011 - 6:46am | 2052Bank of America Corporation (NYSE:BAC) is trading at a price of $12.31, a dramatic change of 0.01 with % change of 0.08 from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 124.59B. Bank of America...
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Greece is the Word 05-06-2011
Friday, May 6, 2011 - 6:02pm | 851Cusick's Corner What a week -- Nonfarm Payrolls were the catalyst to the upside and then Greece tempered the positive nature of the data but the markets were able to retake half the damage of last session's move. The choppy action into the close and the Dollar firming up into the After Hours has...
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Zings Of The Day (V, KFT, HBC)
Friday, May 6, 2011 - 3:50pm | 145Visa Inc. (NYSE: V) reported better than expected earnings, but doubts continue about the payments network's ability to grow under regulation. I guess Visa isn't everywhere you want to be. Kraft Foods Inc (NYSE: KFT) reported better-than-expected first-quarter profits yesterday, led by price...
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Wells Fargo Raises Excess Legal Cost Estimate by $500 Million to $1.7B -Bloomberg (WFC)
Friday, May 6, 2011 - 10:28am | 22Wells Fargo (NYSE: WFC) boosts estimate of excess legal costs to $1.7B reports Bloomberg.
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US Stock Futures Up As Investors Await Nonfarm-Payrolls Data; Crude Oil Futures Drop To $98.27 a barrel
Friday, May 6, 2011 - 6:33am | 524US stock futures are higher this morning, as investors are awaiting April nonfarm-payrolls data. Futures on the Dow Jones Industrial Average gained 28 points to 12,598.00 and futures on the S&P 500 stock index rose 4.30 points to 1,339.30. Nasdaq 100 futures surged 8.30 points to 2,387.50. US...
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Royal Bank of Scotland Posts Q1 Loss
Friday, May 6, 2011 - 3:28am | 88Royal Bank of Scotland Group plc (NYSE: RBS) released its results for the first quarter on Friday. The company reported its quarterly net loss at 528 million pounds ($865 million), versus a loss of 248 million pounds, in the year-earlier period. The company's operating profit increased 19% to 1.05...
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Sterling Bancshares Shareholders Approve Merger With Comerica (SBIB, CMA)
Thursday, May 5, 2011 - 4:05pm | 159Sterling Bancshares, Inc. (Nasdaq: SBIB) announced today that its common shareholders have voted to approve the merger agreement providing for the merger of Sterling with and into Comerica Incorporated (NYSE: CMA), with Comerica continuing as the surviving entity. At a special meeting held on...
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Sterling Banc Approves Merger With Comerica (SBIB, CMA)
Thursday, May 5, 2011 - 4:05pm | 28Sterling Banc (NASDAQ: SBIB) shareholders approve a merger with Comerica (NYSE: CMA).
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Wells Fargo will Pay $1 Million Over Late Prospectuses, FINRA Says -Bloomberg (WFC)
Thursday, May 5, 2011 - 12:21pm | 23Bloomberg reports that Wells Fargo (NYSE: WFC) will pay $1 million over late prospectuses, FINRA says.
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Barclays Asks Judge to 'clarify' Order on Lehman Brokerage Deal -Bloomberg (BCS)
Thursday, May 5, 2011 - 7:46am | 30Bloomberg reports that Barclays (NYSE: BCS) asks judge to `clarify' order on Lehman Brokerage deal. Barclay's claims $1.5 billion in non-cash margin assets.
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US Stock Futures Down As Investors Await GM Earnings, Retail Sales Data, ECB Meeting; Lloyds Shares Drop In Pre-Market Trading
Thursday, May 5, 2011 - 6:32am | 751US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM), same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 25 points to 12,647.00 and futures on the S&P 500 stock...
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Bank Of Montreal Files For $15B Mixed Securities Securities Offering (BMO)
Wednesday, May 4, 2011 - 5:14pm | 20Bank Of Montreal Files For $15B Mixed Securities Securities Offering (NYSE: BMO)
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SunRun Receives Single Largest U.S. Bancorp Renewable Energy Tax Equity Commitment to Date for $200M (USB)
Wednesday, May 4, 2011 - 9:07am | 89SunRun , the nation's leading home solar company, today announced it received an additional commitment of tax equity from a subsidiary of U.S. Bancorp (NYSE: USB) to support the purchase of $200 million in residential solar systems. This commitment is U.S. Bancorp's largest renewable energy tax...
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Wells Fargo Securities Hires John Jinishian as Head of West Coast Technology M&A (WFC)
Wednesday, May 4, 2011 - 8:08am | 341Stockholders of Wells Fargo & Company (NYSE: WFC) yesterday elected 14 nominees to the Company's board of directors and ratified the appointment of KPMG LLP as the Company's independent auditors for 2011. Stockholders also approved the 2010 compensation of the Company's executives named in its...
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Financial Stocks Keep Market From Dropping Further
Tuesday, May 3, 2011 - 11:17am | 262The large financial stocks have been under pressure since early April 2010 when the leading bank stocks reported earnings. This morning the major stock indexes are struggling to stay positive, however, it is the large financial stocks that are showing some intra-day strength and are actually...