Eleazar David Meléndez

181-210 (out of 592)

Bank Stocks Throw a Party But Forget To Invite JPMorgan

Shares of U.S. banks of all sizes and specialties rose Friday over 3 percent, handily beating the performance of the wider stock market, which itself was in a head-first rally following a week of disappointing news. But there was one big exception to the equity party: megabank JPMorgan Chase and Co. (NYSE:JPM), which looked poised to underperform its peers in late-afternoon trading.

NYSE Trading In Technical Crash; Volume Explodes

The New York Stock Exchange is looking at irregular trading in the stock of 140 companies, a substantial chunk of the over 2,800 tickers listed on the world's most prominent bourse, after a morning filled with bizarre market action that at least one market analyst is dubbing "flash crash epic."

Positive Employment Report Data Nothing To Cheer About

The ADP employment report out Wednesday morning seemed to have a bit for everyone, with both optimists and pessimists claiming the data release supported their views. A slightly more nuanced view of the data seems to hand the case to the bears

AIG Earnings Preview: Lower Profit From Divested Assets

In spite of low expectations for profit, market-watchers are actually increasingly bullish on AIG, believing the most important thing to watch when the company reports quarterly results Thursday will be its plans to buy back stock from its largest shareholder, the U.S. government.

Horrible GDP Numbers In UK Leave Economists Incredulous

The latest figures on U.K. GDP, released this week, were so demoralizingly bad that some economists and market-watchers are simply refusing to believe them, suggesting they are the result of a statistical anomaly and will be subject to large upward revisions soon.

In Advance Of Q2 US GDP Release, Forecasting Economists Race To The Bottom

The more data market-watchers have seen on the U.S. economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as economists adjust their models to one disappointing data release after another.

Former Citigroup CEO: It's Time to Break Up The Big Banks

Former Citigroup chief executive Sanford I. Weill, one of the most important players in the deregulatory push of the 1990s that repealed the Glass-Steagall Act and allowed the formation of too big to fail banks, said on CNBC Wednesday morning that the nation's financial supermarkets should be split up by government mandate.

World's Reaction to Spanish Crisis: Screw Them!

The financial and fiscal crisis in Spain entered a new and dangerous phase Tuesday as economic, political, civic and diplomatic links appeared to quickly disintegrate in the face of panic-stricken markets.

Traders Pile Into Explosive Natural Gas Rally

Traders piled into a frothy rally in the natural gas markets Tuesday, sending the price of the energy commodity to 2012 highs and seemingly hoping to turn a quick profit with a highly volatile trade before the market's momentum shifts.

Markets Cheer Walgreen For Express Scripts Deal

Large U.S. drugstore chain Walgreen Co. (NYSE: WAG) announced Thursday it would be renewing its contract with Express Scripts Holding Co. (NASDAQ: ESRX), to provide customers of that pharmaceutical claims manager with prescription drugs at Walgreens retail stores.

Geithner Media Tour Unlikely To Silence LIBOR Critics

U.S. Treasury Secretary Timothy Geithner appeared on a CNBC-sponsored conference Wednesday morning toeing the government's party that the New York Fed is not to blame for helping keep the evolving LIBOR rate-fixing scandal under wraps, even though they knew it was going on since at least 2007.

New 'Batman' Movie Seen Indirectly Causing Image Problem For Romney

The newest movie incarnation of DC Comics superhero Batman, which features a protagonist who retroactively un-retires to save fictional Gotham City from a ruthless terrorist, is causing a ruckus among Washington politicos, at least one of whom has claimed the film's plotline will subliminally discredit REpublican Party nominee Mitt Romney in voters' minds.

Summer BBQs More Expensive In Spite Of Stable Cost Of Living

The price of hamburgers, hot dogs and other commonly grilled items shot up dramatically in June, government data released Tuesday showed, far outpacing price increases seen for other food items and the general cost of living, which actually dipped slightly in the month.

All the 'Easy' Gold Has Been Found: Mining Analyst

The world's major miners are not discovering enough new gold deposits to make up for all the extraction they have engaged in over the past decade and a half, a fact that suggests the scarcity of the precious yellow metal could grow in coming decades.

As JPMorgan Reports Earnings Friday, All Eyes Turn To London Whale

When New York-based banking behemoth JPMorgan Chase and Co. (NYSE:JPM) reports its financial results for the latest quarter on Friday morning, the market's collective attention will be focused on just one figure: the one finally detailing how much JPMorgan lost as a result of its ill-advised strategy of putting huge hedge bets on the CDS derivatives market.

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