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Posts Tagged ‘banks’

Bank of America Corp’s (BAC) Positive Results Take Back Seat To Legal Woes

July 17th, 2014

bank of america1Diane Alter: Bank of America Corp. (NYSE: BAC) reported Q2 earnings this morning (Wednesday) that were dragged down by mounting litigation costs in addition to a decline in mortgage originations. Read more…

NYSE:XLF

Bank of America Corp (BAC): A Closer Look At The Report

July 16th, 2014

bank of america1Tyler Durden: If last quarter Bank of America (NYSE:BAC) was forced to report a stunning loss, its first in years, as a result of a $6 billion “one-time, non-recurring” litigation charge which clearly was added back to non-GAAP earnings because it could Read more…

NYSE:XLF

Stocks With Plenty Of Room To Move Higher

July 8th, 2014

investLawrence Meyers:  1 bank and 2 oddball companies have plenty of room to move higher. Read more…

NYSE:XLF

Bank of America Corp (BAC) Fears The End Of ‘The Japan Trade’

June 30th, 2014

bank of america1Tyler Durden: ”The Japan Trade is in trouble,” warns BofA’s Macneil Curry (and rightly so after this week’s utter collapse in Japanese data and Abe’s soaring disapproval rating). Over the course of the past week both USDJPY and the Nikkei have broken key technical Read more…

NYSE:XLF

Banking Sector Is Growing Its Dividends Fast

June 17th, 2014

financial banksChris Preston: The U.S. banking sector has come a long way in the five years since the Great Recession. Read more…

NYSE:XLF

What Are Bank Stocks Telling Us?

May 29th, 2014

financial banksMitchell Clark: This stock market continues to show material resilience as financials have turned a bit and are helping the S&P 500 index. Read more…

NYSE:XLF

Why Citigroup Inc’s (C) Stock Is Heading Lower

May 22nd, 2014

technical-lookRick Pendergraft: Citigroup Inc (NYSE:C) appeared on the bullish scan the other night and the main reason it made the list was that the stock was oversold or very close to it. You can see the blue circle at the bottom of the chart that shows how the stochastic readings Read more…

NYSE:XLF

Despite Bank of America Corp (BAC) Blunder, Financials Look Good

May 13th, 2014

bankDon Lucek: Recently, Bank of America Corp (NYSE:BAC) retracted its share repurchase plan and dividend increase. Read more…

NYSE:XLF

Bank of America Corp (BAC): Why Investors Should Avoid The Stock

April 30th, 2014

bank of america1Steve Mauzy: I warned readers about this train wreck earlier this month.  I refer to Bank of America Corp. (NYSE:BAC), the sorry excuse for a bank that wooed investors with a $4-billion stock buyback and a 400%- dividend increase. Read more…

NYSE:XLF

Bank of America Corp (BAC): Key Price Levels To Watch

April 25th, 2014

bank of america1Corey Rosenbloom: Bank of America Corp (NYSE:BAC) shares are challenging a critical “Make or Break” rising trendline boundary which will trigger a short-sale bias if price trades beneath the level. Read more…

NYSE:XLF

Too-Big-To-Fail Banks Are At It Again

April 23rd, 2014

banksShah Gilani: Our Too-Big-To-Fail banks are at it again… Read more…

NYSE:FAS, NYSE:FAZ, NYSE:XLF

Bank of America Corp: Someone From This Fraud Machine Needs To Go To Jail

April 17th, 2014

bank of america1Shah Gilani: Something happened last Wednesday that is eye-opening, on several levels. Read more…

NYSE:FAZ, NYSE:XLF

Citigroup Inc (C): Buy, Sell or Hold The Stock?

April 16th, 2014

buy-and-holdDavid Becker: Citigroup Inc (NYSE:C) experienced a sharp decline when the Federal Reserve declared that the financial giant had failed its stress test in late March. That meant that the Fed wouldn’t allow the bank to increase its dividend or share buyback program.  Read more…

NYSE:XLF

Bank of America Corp (BAC): Don’t Get Suckered By The Dividend Increase

April 4th, 2014

dividendsSteve Mauzy: If it were any other company, I’d have applauded the move; because it’s Bank of America Corp (NYSE:BAC), I rolled my eyes. Read more…

NYSE:XLF

What A Loan Officer Would Say To The U.S. Government

March 31st, 2014

debtMichael Lombardi: For a moment, consider yourself a loan officer at a major bank. Would you approve a loan for a customer who says they earn $1,000 a month, spend $1,300 a month, and don’t have a job? They also tell you they have unpaid debts of $17,000. Read more…

NYSE:XLF




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