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By Laura Marcinek and Donal Griffin, Bloomberg |
April 19, 2013
Bank of America Corp. and JPMorgan Chase & Co. led the six largest U.S. banks in boosting combined first-quarter profit 45%. Investors dumped the stocks.
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By Sarah Pringle and Lu Wang, Bloomberg |
March 21, 2013
U.S. stock futures fell, after the Standard & Poor’s 500 Index approached a record high yesterday, as German manufacturing unexpectedly contracted and Cyprus’s president worked on a new plan to obtain a European bailout.
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By Bradley Olson, Bloomberg |
January 30, 2013
Phillips 66, the largest U.S. independent refiner by revenue since its spinoff from ConocoPhillips last year, said fourth-quarter profit beat estimates as the company benefited from an abundance of cheap domestic oil.
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By Heather Perlberg and Dakin Campbell, Bloomberg |
January 22, 2013
Mortgage revenue at the four largest U.S. lenders is surpassing the costs of faulty home loans and foreclosures from the housing boom as Federal Reserve and government policies help fuel the recovery.
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By Rita Nazareth and Namitha Jagadeesh, Bloomberg |
December 5, 2012
U.S. stocks were little changed, after a two-day decline in the Standard & Poor’s 500 Index, as China eased restrictions on investing in banks and investors watched developments on budget negotiations in Washington.
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By Whitney Kisling, Inyoung Hwang and Rita Nazareth, Bloomberg |
November 19, 2012
The post-election rout in U.S. stocks has driven the Standard & Poor’s 500 Index down so far that it would have to advance 26 percent to reach the valuation of bull markets since John F. Kennedy was in the White House.
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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
November 12, 2012
U.S. stocks erased gains, failing to rebound after the Standard & Poor’s 500 Index’s biggest weekly retreat since June, as investors awaited budget talks in Washington and European finance chiefs met to discuss Greek aid.
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By Rita Nazareth, Bloomberg |
October 25, 2012
U.S. stocks were little changed, with benchmark indexes trading near seven-week lows, as Americans signed fewer contracts than forecast to purchase previously owned homes and investors monitored earnings.
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By Whitney Kisling and Rita Nazareth, Bloomberg |
October 8, 2012
As third-quarter earnings season begins, the companies analysts are most bullish about are the ones whose stock prices are farthest below their highs -- banks.
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By Phil Flynn |
October 3, 2012
As oil prices soared to a record high in 2008, traders, politicians and regulators were stunned as oil made a move of historical portions. Now oil traders are cheering the overturning of position limit rules.
