Bank of America

Bank Of America: Simply Mindblowing

I have rated BAC at top 2017 pick.<p>Its all about the data and macroeconomic backdrop.<p>Q1 earnings are out and I discuss key results.<p>I recently …

Investing

U.S. banks set for big day amid European rally; BofA downgraded

A major rally is underway in Europe following Sunday's French election. Leading the way are the banks, as the election result seems to assure status …

Commodities

Don't Laugh, But France Really Might Reform This Time - Bloomberg Gadfly

There are two French election celebrations happening today in the business world. One is cheering the short-term relief for Europe; the other the …

France

Hedge Funds Jump on Gold for Life Raft as Dollar Ship Sinks - Bloomberg

There’s no stopping the gold bulls.<p>Hedge funds increased their wagers on a gold rally to the highest since November, betting that this year’s 11 …

Asset Management

One Wall Street strategist just made a big call that should have everyone worried

Scott Minerd, Guggenheim Partners' global chief investment officer and head of Guggenheim Investments, the asset management arm of Guggenheim, just …

Wall Street

Why Arent Higher Interest Rates Helping Citigroup?

As interest rates continue to head higher, banks should earn more money from net interest income. Yet, even though the Federal Reserve has raised rates twice since the beginning of December, <b>Citigroup</b>'s (NYSE: C) net interest margin fell in the first quarter, meaning that it generated a lower net …

Investing

Microsoft Pledges Not To Miss Out On The Next Big Tech Product

<b>Microsoft Corporation</b> (NASDAQ: MSFT)'s role in the smartphone revolution was quite muted, especially compared to rival tech giant <b>Apple Inc.</b> (NASDAQ: …

Microsoft

Surprise! Your online banking password might not be as secure as you thought

Several major banks don't use case-sensitive passwords.<p>It turns out several leading US banks do not require case-sensitive passwords, which could …

Security

Big banks take on ultimate omnichannel challenge: Mobile mortgages

The development of mobile mortgage solutions has to strike a delicate balance between self-service and making humans readily available for the …

Mortgages

Wells Fargo's CEO Says This Is "Not Acceptable"

The California-based bank continues to suffer in the wake of last year's fake-account scandal.<p><b>Wells Fargo</b> (NYSE:WFC) helped kick off first-quarter …

Investing

Bank Of America Shareholders Will Soon Pay The Price For Warren Buffett's Stamp Of Approval

It has taken Bank of America four years to reduce their share count by 800 million shares.<p>Warren Buffett has warrants to buy 700 million shares at …

Investing

Greg Newman's Top Picks: April 21, 2017 - Article

<b>Focus: Canadian dividend stocks and protection strategies<br>_______________________________________________________________</b><p><b>MARKET OUTLOOK</b><br>Higher …

Stocks

Cocktail Investing Ep. 16: Trump Trade Tremors As The Market Faces Economic And Political Reality

After a one week break over Easter, Tematica's Chris Versace and Lenore Hawkins have a lot to discuss - from the recent wobbles in U.S. equities to …

Stocks

Turns Out, Most Millennials Want To Own Multiple Homes In Their Lifetimes

There’s no getting around it: millennials often get a bad rap. We’re entitled, shallow, self-centered...you know the drill. But, as it turns out, most millennials want to own multiple homes as they age — and they’re planning ahead financially in order to achieve this goal.<p>According to a recently …

Millennials

Bring Back Glass-Steagall? Goldman Sachs Would Love That

Among the many silly ideas floating around Washington these days about how to re-regulate Wall Street is that old chestnut about separating investment banking from commercial banking.<p>It’s getting a fresh look after Gary Cohn, the powerful head of President Trump’s National Economic Council, …

Financial Services

Latest bankruptcy proves ‘smart cards’ were a complete disaster

It’s time to forget about the promise of a single piece of plastic capable of housing all the cards you carry in your wallet.<p>Plastc, like many smart …

Gear & Gadgets

Stocks slump as finance and healthcare firms fall

U.S. stocks slumped Friday as financial and healthcare companies moved down. Industrial companies rose as stocks continued the up-and-down pattern they've been stuck in for the last month.<p>Banks fell as bond yields and interest rates slid early in the day. Energy companies sank with oil …

Commodities

Here’s more proof Millennials are being judged too quickly

Millennials are supposed to be different from previous generations, especially when it comes to their spending. But maybe they’re more similar to …

Millennials

Markets Right Now: US market indexes end slightly lower

The latest on developments in financial markets (All times local):<p>4:00 p.m.<p>The stock market is closing slightly lower led by declines in phone …

Stocks

Bank Of America's Narrative Has Officially Changed

BAC recently reported Q1 2017 results, which beat the top-line and bottom-line estimates.<p>This bank has a new story to tell, and you will like what …

Stocks

South State  beats by $0.03, misses on revenue

South State (NASDAQ:SSB): Q1 EPS of $1.15 beats by $0.03.<p>Revenue of $133.8M (+19.8% Y/Y) misses by $0.54M.<p>Press Release<p>Now read: <b>Bank Of America's</b> …

Business

Citizens & Northern Corp declares $0.26 dividend

Citizens & Northern Corp (NASDAQ:CZNC) declares $0.26/share quarterly dividend, in line with previous.<p>Forward yield 4.41%<p>Payable May 12; for …

Stocks

Goldman's Earnings Miss And What It Means Going Forward

Earnings came in at $5.16 vs. Reuters consensus estimate of $5.31.<p>Revenues of $8.03 billion vs. Reuters consensus estimate of $8.45 billion.<p>Concerns …

Stocks

Bank Of America: Moynihan Promises To Keep The Pedal To The Metal

Bank of America CEO Brian Moynihan was interviewed by Barron’s on Thursday.<p>He had some very interesting color to add to the recent first-quarter …

Stocks

5 Steps to Multiply Your Savings in Months, Not Years

It’s no secret that we’re a little obsessed with small-space hacks, but there comes a time when every renter grows weary of the struggle. There are …

Personal Finance

How Wells Fargo Company Makes Most of Its Money

Wells Fargo doesn't rely on investment banking and trading like many other big banks do.<p><b>Wells Fargo</b> (NYSE:WFC) is one of the "big four" financial …

Capital Markets

Update! What to Know About Bank of America Credit Cards in April

If you're considering applying for a Bank of America credit card, or are a current cardholder, it's worth taking stock of recent changes the bank implemented.<p>What happened<p>Just over a month ago, the Federal Reserve raised interest rates for the second time in the past three months by increasing the …

Credit Cards

Investors don't seem to grasp the risks they face this weekend

Reuters<p>You would think that after Trump and Brexit, Wall Street would learn.<p>But no, ahead of the French election analysts at Bank of America say that money managers still haven't adequately moved out of the way of history, should it choose to move against the market.<p>One, cautious, multi-billion …

Wall Street

Here’s Who Donated to President Trump’s Gigantic Inauguration Fund

Large U.S. companies and their executives helped President Donald Trump raise a record-setting $106.7 million for inauguration festivities in …

Donald Trump

BofA’s Blanch Says Strong Dollar ‘Big Headwind’ for Oil

Francisco Blanch, Bank of America Merrill Lynch head of global commodities and derivatives research, discusses the oil market and possible impact …

Oil