Banking industry
Jim Cramer of CNBC's "Mad Money" and the portfolio manager of TheStreet's Action Alerts PLUS addressed investor concerns regarding the impact of the Paris terrorist attacks on defense stocks. Cramer expressed confidence that shares of defense companies like Lockheed Martin (LMT), Northrop Grumman (NOC)
Banking industry
Shares of well-known companies such as Dunkin Brands, Facebook, and Wal-Mart have recently undergone significant rating changes, with both upgrades and downgrades issued by prominent financial institutions. TheStreet reports that these changes reflect shifting market expectations and analysts' updates on company performance. Key Takeaways: * Dunkin Brands was downgraded from
Banks (Finance)
Bank of America's recent financial performance has provided a glimmer of hope for investors and analysts alike. Despite reporting a $6 billion hit from legal expenses in the previous year, the bank managed to showcase a solid recovery in the third quarter. The Charlotte-based institution booked a $4.
Banking industry
Wall Street took a turn for the worse midday as Wal-Mart's disappointing earnings warning overshadowed reports from the nation's biggest banks. The retail giant's shares plummeted nearly 10% after the company revealed plans that will cut into its earnings over the next few fiscal
Banks (Finance)
Investor's Business Daily reported that JPMorgan Chase's third-quarter earnings fell short of analysts' estimates due to a decline in revenue, despite efforts to curb costs. The bank's net income remained steady, but revenue decreased 6.4% to $23.5 billion, missing the expected
Banking industry
At the upcoming 2015 Bank of America Chicago Marathon, Abbott, the Official Sponsor of the event, will once again demonstrate its commitment to helping people achieve their goals through good health. Marathons showcase that when people are at their healthiest, they can accomplish remarkable things, and Abbott's sponsorship
Banking industry
The United States Department of Justice has announced that an additional 1,461 service members and their co-borrowers will receive over $186 million in compensation for home foreclosures under the National Mortgage Settlement (NMS) and an earlier settlement with Bank of America. This brings the total number of eligible service
Banking industry
The most comprehensive analysis to date on U.S. power plant air pollution emissions shows that most of the nation's largest electric utilities have seen significant reductions in global warming pollution in recent years. The report, released by the Natural Resources Defense Council, comes as the Environmental Protection
Banking industry
Federal regulators are directing the eight largest U.S. banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the risk of future taxpayer bailouts. The U.S. Federal Reserve's action means the eight banks together will be required to shore up
Banking industry
The United States has seen significant reductions in global warming pollution from power plants in recent years, with most of the nation's largest electric utilities achieving notable decreases in carbon dioxide (CO2) emissions. According to a new report by the Natural Resources Defense Council (NRDC) and Ceres, a
Banking industry
In a devastating blow to London-based banks, a wave of compensation claims is on the horizon in the UK following the manipulation of foreign exchange markets between 2007 and 2013. As the European Commission prepares to publish its findings by the end of summer, investors, pension funds, and companies can
Banking industry
TD Ameritrade's clients demonstrated impressive resilience in June, with the Investor Movement Index (IMX) experiencing its second-largest month-over-month increase since its inception in January 2010. The index measures the confidence and behavior of TD Ameritrade's clients, and the June results reflect a notable shift in market
