Banking, finance, and taxes
Banking, finance, and taxes Articles
Sterne Agee's bank research team published a list of its top stock picks to buy in the banking sector. We have featured the top large-cap and mid-cap stocks to buy from their list.
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When General Electric first announced the spin-off of its North American credit card business, most observers were looking for the conglomerate to add about $3.2 billion to its coffers.
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Synchrony Financial opened its first day of trading at $23.00 a share, right on the initial public offering price it set Wednesday for 125 million shares.
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General Electric Co. and Synchrony FinancialGeneral Electric Co. (NYSE: GE) spinoff Synchrony Financial priced its initial public offering of 125 million shares at $23 at the bottom of the expected...
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A sum of nearly $1.3 billion in a government fine would put most businesses out of business. However, if your corporate name is Bank of America Corp. (NYSE: BAC) or one of the other too big to fail...
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ThinkstockNomura is out with a report that bodes marginally well for banks issuing credit cards and private credit card issuance. Nomura’s Bill Carcache is signaling that more issuers are now...
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Courtesy of American ExpressAmerican Express Co. (NYSE: AXP) today reported second quarter results after markets closed Tuesday night. The financial services company reported diluted earnings per...
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ThinkstockIf any Wall Street sector has had headline risk for the past year, and some would say five years, it is the banking sector. Despite a horrible public relations nightmare as the “too big...
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thinkstockThe woes of Europe are supposed to be abating, at least somewhat. That is certainly supposed to be the case in the lands of the PIIGS — Portugal, Ireland, Italy, Greece and Spain. Ireland...
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ThinkstockCIT Group Inc. (NYSE: CIT) may have delivered on beating its earnings expectations, but this is just a tiny fraction of the story here. CIT’s acquisition of the parent company of OneWest...
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When GE reported second-quarter earnings Friday, it said that it hoped to get the spin-off of its North American consumer-finance business completed in an initial public offering by the end of July.
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With credit levels still at historic lows, and earnings growth gaining traction, there may be some tremendous upside for investors. Merrill Lynch has raised its price targets on three top credit card...
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Bank of America reported second-quarter results before markets opened Wednesday morning. The results included $3.9 billion in litigation expenses.
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Tuesday morning reports from both J.P. Morgan Chase and Goldman Sachs continued the string of positive earnings reports from Wall Street's biggest banks.
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Goldman Sachs reported better-than-expected second-quarter results before markets opened Tuesday morning, despite a decline in institutional client services revenues.
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