The big banks are all reporting their fourth-quarter earnings this week.
Make no mistake: Although it's only January, this will be one of the most significant events of the year...
You see, in the big picture, how the banks fare and what their future prospects are could single-handily determine the trajectory and breadth of the recovery we've been hoping...
their "financials" could have major implications for your money...
Earnings Today: Citigroup (NYSE: C), Coca Cola (NYSE: KO), and Johnson & Johnson (NYSE: JNJ)
Third-quarter earnings season has picked up, with a number of companies posting earnings today before the opening bell and two tech giants set to report after the close.
When Q3 earnings kicked off a week ago, analysts estimated third-quarter earnings would come in 6.5% higher than the same quarter a year ago....
To continue reading, please click here...
The Best Investments Before the Fed QE Taper
The answer to this question has just altered dramatically, and here's why.
U.S. President Barack Obama yesterday (Wednesday) nominated U.S. Federal Reserve vice chairwoman Janet Yellen to replace Ben Bernanke as Fed chief....
Here's what to expect, so you can start planning ahead...
Here's What Really Happened to Citigroup's (NYSE:C) Vikram Pandit
The only big deal about Vikram Pandit "stepping down" as Citigroup Inc. (NYSE:C) CEO and his removal from the board is that it didn't happen sooner.
The truth is he didn't leave voluntarily. He was given an ultimatum by the "new" board of directors: resign or be fired.
Poor old Vikram. This was a setup from the start.
He ended up at Citigroup when the mega-bank bought his Old Lane hedge fund for more than $800...
Why Citigroup CEO Vikram Pandit Was Forced Out (NYSE: C)
Citigroup CEO Vikram Pandit announced today (Tuesday) he has made an abrupt departure from the troubled bank, the day after it reported third-quarter earnings that beat estimates.
The story became more interesting as the day wore on after it was announced he was forced out by the board.
The theories as to why Pandit would be asked to leave got juicier as the Citigroup Inc. (NYSE: C) CEO's exit was paired with...
What the Moody's U.S. Bank Downgrades Mean for Investors
Moody's ratings agency issued five U.S. bank downgrades Thursday and a total of 15 cuts for global institutions, but markets shook off the news.
The ratings agency cited concerns about the stability of the global systems. Moody's said the banks are not as sound now as they were before the recent global financial woes and contagion.
"All of the banks affected by today's actions have significant exposure to the volatility and risk of outsized losses inherent to capital markets activities," Greg Bauer, Moody's...
Stock Market Today: Citigroup Earnings (NYSE: C), U.S. Retail Sales Fuel Rally
Citigroup Inc. (NYSE: C) followed the lead of JPMorgan Chase & Co. (NYSE: JPM) and Wells Fargo & Co. (NYSE: WFC) when it reported better-than-expected earnings Monday morning, sending the Dow up more than 100 points.