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Bernstein and Barron’s Agree: Bank of America Poised for Gains

Bernstein and Barron’s Agree: Bank of America Poised for Gains

Barron’s business weekly said on Sunday that Bank of America Corp (NYSE: BAC)’s stock has a strong potential upside after declining in value since the recent peak in April, citing the company’s plans to end its reliance on fees... 
Ford’s Closure of Mercury Gets Little Reaction from Investors (NYSE: F)

Ford’s Closure of Mercury Gets Little Reaction from Investors (NYSE: F)

Ford Motor Co. (NYSE: F)’s anticipated closure of Mercury has not brought much attention from investors. Mercury has not had a unique identity during the last several years and ending the line now appears to be a timely and prudent... 
Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM) Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) Slammed After Spain’s Debt Dowgraded

Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM) Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) Slammed After Spain’s Debt Dowgraded

The Dow has given up its gains for the week, and financial stocks like Wells Fargo (NYSE:WFC), Bank of America (NYSE:BAC), JPMorgan (NYSE:JPM) Citigroup (NYSE:C), Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) are all down on... 
Analyst Says Goldman Sachs (NYSE:GS) Could Pay $621 Million to Settle SEC Fraud Suit

Analyst Says Goldman Sachs (NYSE:GS) Could Pay $621 Million to Settle SEC Fraud Suit

Sanford C. Bernstein & Co. analyst Brad Hintz said in a note to clients today that Goldman Sachs (NYSE:GS) could pay $621 million to make the SEC fraud charges against them go away. Hintz said the fine would be $250 million, and... 
Is Citigroup (NYSE:C) Better Than a $4 Stock?

Is Citigroup (NYSE:C) Better Than a $4 Stock?

Even though Citigroup (NYSE:C) and others with vested interest in them would like to believe they’re better than a $4 stock, I don’t think at this time that is the case, and in the short term it is doubtful they’ll... 
Bill Ackman Acquires Citigroup 150 Million Citigroup (NYSE:C) Shares

Bill Ackman Acquires Citigroup 150 Million Citigroup (NYSE:C) Shares

Bill Ackman is a well-known activist investor, and manages Pershing Square Capital Management, a large hedge fund, announced yesterday at a conference that he has acquired about 150 million shares of Citigroup (NYSE:C) over the last... 
Citigroup (NYSE:C), Bank of America (NYSE:BAC), Deutsche Bank (NYSE:DB) Worst at Removing Debt Off Books

Citigroup (NYSE:C), Bank of America (NYSE:BAC), Deutsche Bank (NYSE:DB) Worst at Removing Debt Off Books

A report from the Wall Street Journal states that based on data gathered from the Federal Reserve, Citigroup (NYSE:C), Bank of America (NYSE:BAC) and Deutsche Bank (NYSE:DB) are the worst offenders for removing debt from their books... 
Citigroup (NYSE:C) Bullish on Emerging Markets

Citigroup (NYSE:C) Bullish on Emerging Markets

Several Citigroup (NYSE:C) executives stated recently they’re very bullish on emerging markets, and valuations should be attractive based on a variety of factors related to growth. David Ratliff, MD & Head-Investor Sales... 
Citigroup (NYSE:C), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) Being Forced to Lend to Failing ShoreBank?

Citigroup (NYSE:C), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM) and Morgan Stanley (NYSE:MS) Being Forced to Lend to Failing ShoreBank?

Another political scandal is brewing in connection to the outrageous and controversial bailout of Chicago’s ShoreBank by Citigroup (NYSE:C), Bank of America (NYSE:BAC), Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM), Morgan Stanley... 
Is Goldman Sachs (NYSE:GS) Too Optimistic for Citigroup (NYSEC), J.P. Morgan (NYSE:JPM) and Bank of America (NYSE:BAC)?

Is Goldman Sachs (NYSE:GS) Too Optimistic for Citigroup (NYSEC), J.P. Morgan (NYSE:JPM) and Bank of America (NYSE:BAC)?

Goldman Sachs (NYSE:GS) upgraded Citigroup (NYSEC) from “neutral” to “buy,” while maintaining buy ratings on J.P. Morgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC). In light of the current economic conditions,... 
Citigroup (NYSE:C): Perfect Storm for Double-dip Recession

Citigroup (NYSE:C): Perfect Storm for Double-dip Recession

Citigroup (NYSE:C) Michael Hart stated what everyone is thinking, and that is we’re approaching a perfect storm which could bring about a ‘double-dip’ recession. Hart said, “The eurozone sovereign crisis, a worldwide regulatory... 
JP Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) Could Get Crushed by New Derivative Regulations

JP Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) Could Get Crushed by New Derivative Regulations

If the proposed new government regulations on derivatives remains in the financial reform bill passed on Thursday, large financial institutions like JP Morgan (NYSE:JPM), Goldman (NYSE:GS), and Morgan Stanley (NYSE:MS) could have earnings... 
Is SEC Fraud Case Against Goldman Sachs (NYSE:GS) Just a Shakedown? $1 Billion Settlement Just a Rumor

Is SEC Fraud Case Against Goldman Sachs (NYSE:GS) Just a Shakedown? $1 Billion Settlement Just a Rumor

News has been spreading that Goldman Sachs is close to reaching a $1 billion, or possibly higher, settlement with the SEC. That’s a total rumor, based on some people reading far more into a statement by Goldman CEO Lloyd Blankfein,... 
Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), Getting Crushed Under the Weight of Reality

Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), Getting Crushed Under the Weight of Reality

The EU sovereign debt issue will remain on the table for some time with major financial institutions like Citigroup (NYSE:C),  Goldman Sachs (NYSE:GS),  Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC),  are getting hit... 
Blood in the Streets for Citigroup (NYSE:C), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and JPMorgan (NYSE:JPM)

Blood in the Streets for Citigroup (NYSE:C), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and JPMorgan (NYSE:JPM)

As the European sovereign debt crisis continues to unfold, it is increasingly obvious from the width and depth of the irresponsibility of all involved, that banks like  Citigroup (NYSE:C), Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC)... 
Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) Awarded Build America Bonds by Pennsylvania

Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM) Awarded Build America Bonds by Pennsylvania

Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM) are the recipients of Build America Bonds offered by the state of Pennsylvania, generating $1 billion for the commonwealth. The Bank of America part of the bonds are what is... 
Citigroup (NYSE:C) Says Concerns over EU Debt Moving from Costs to Growth

Citigroup (NYSE:C) Says Concerns over EU Debt Moving from Costs to Growth

The initial concerns over the bailing out the irresponsible spending of countries in southern Europe were costs of doing so, but according to Citigroup (NYSE:C), that has now changed to how much effect it will have on growth. Coupled... 
Citigroup (NYSE:C), Bank of America (NYSE:BAC),JP Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS) and Morgan Stanley’s (NYSE:MS) Exposure to European Crisis

Citigroup (NYSE:C), Bank of America (NYSE:BAC),JP Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS) and Morgan Stanley’s (NYSE:MS) Exposure to European Crisis

It hasn’t taken more than few days after the announcement that the European Union would be bailing out the socialist, welfare states of the region, when it is being increasingly realized that this is another way of saying we’re... 
Richard Bove Downgrades UBS (NYSE:UBS) and Credit Suisse (NYSE:CS) as Europe Deteriorates

Richard Bove Downgrades UBS (NYSE:UBS) and Credit Suisse (NYSE:CS) as Europe Deteriorates

Rochdale Securities banking analyst Richard Bove downgraded UBS (NYSE:UBS) and Credit Suisse (NYSE:CS) from “Buy” to “Neutral,” based solely on the deteriorating economic situation in Europe. Both banks were... 
Citigroup (NYSE:C) Plunges Below $4 A Share on EU Sovereign Debt Crisis

Citigroup (NYSE:C) Plunges Below $4 A Share on EU Sovereign Debt Crisis

The fallout from the decision to offer almost $1 trillion to the socialist, welfare nations of southern Europe is hitting stocks hard today, as Citigroup (NYSE:C) has fallen below $4 a share, and about 12 stocks are falling for every... 
Morgan Stanley (NYSE:MS), Credit Suisse (NYSE:CS) Concerned Over EU Inflation

Morgan Stanley (NYSE:MS), Credit Suisse (NYSE:CS) Concerned Over EU Inflation

As investors have digested the implications of the bailout package of close to $1 trillion for the irresponsible spending by the countries in southern Europe, Morgan Stanley (NYSE:MS) and Credit Suisse (NYSE:CS) have rightly noted... 
Andrew Cuomo Investigating Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), others, Over “Misleading” Ratings Agencies

Andrew Cuomo Investigating Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), others, Over “Misleading” Ratings Agencies

Andrew Cuomo has initiated another investigation, this time into eight banks, which include Citigroup (NYSE:C), Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), UBS, Deutsche Bank, Credit Agricole and... 
Citigroup (NYSE:C) Chief Economist Says EU Governments are “Wimps” in Response to Greek Sovereign Debt Bailout

Citigroup (NYSE:C) Chief Economist Says EU Governments are “Wimps” in Response to Greek Sovereign Debt Bailout

Chief economist of Citigroup (NYSE:C) Willem Buiter said governements in the European Union are “wimps” because of how long it’s taking them to bail out Greece. At the Council of Foreign Relations in New York, Buiter... 
AIG (NYSE:AIG) Reportedly Chooses Citigroup Inc (NYSE:C) and Bank of America (NYSE:BAC) Over Goldman Sachs (NYSE:GS) for Restructuring Advice

AIG (NYSE:AIG) Reportedly Chooses Citigroup Inc (NYSE:C) and Bank of America (NYSE:BAC) Over Goldman Sachs (NYSE:GS) for Restructuring Advice

AIG (NYSE:AIG) has changed course and decided to go with Citigroup Inc (NYSE:C) and Bank of America (NYSE:BAC) to advise them on restructuring the business, changing their mind on their original plan to have Goldman Sachs advise them... 
Goldman Sachs (NYSE:GS) will Re-examine Business Practices says Blankfein

Goldman Sachs (NYSE:GS) will Re-examine Business Practices says Blankfein

In a conference call with the wealthiest customers of its private-wealth-management business, Goldman Sachs’ (NYSE:GS) CEO Lloyd Blankfein said there’s a positive outlook to the fraud charges against the company in that...