The New Orleans Saints and Minnesota Vikings meet in Minneapolis on Sunday night.
Piper Jaffray's Gene Munster now shifts focus to the Apple TV set-top box, which is expected to be unveiled next month.
There's one developing storyline in the saga of Knight Capital Group Inc., the Wall Street market maker that lost more than $440 million Wednesday when an automated trading program it had just installed went berserk, that's not being talked about: It is being propped up by the very people it tried to screw over.
JPMorgan Chase & Co. (NYSE:JPM), the largest and most profitable U.S. bank, will launch a reloadable prepaid card in its 5,541 branches this summer, aiming to attract new customers and recoup fees it has lost under recent regulatory changes.
European Union finance ministers failed Thursday to hammer out new global banking regulations, highlighting the resistance regulators on both sides of the Atlantic face as they push for tougher banking rules to ensure banks won't spark another great recession, as they did in 2008.
The companies whose shares are moving in pre-market trade Tuesday are: Endocyte, Comerica, Canadian Solar, Sprint Nextel, Valero Energy, U.S. Bancorp, Bank of America , China Gerui Advanced Materials Group, KIT digital, Host Hotels and Resorts and Goldman Sachs Group.
Bank of America Corp and U.S. Bancorp have been sued by a Chicago pension fund that said they failed to protect investors in their roles as trustees for mortgage-backed securities for Washington Mutual Inc.
That Wall Street expects J.P. Morgan to outperform its peers shouldn't come as a surprise. Besides being the biggest, it's arguably among the three or four most stable big banks.
Apple Inc shares set a record high on Tuesday after Piper Jaffray supported Topeka Capital Market's assertion that the stock should breach $1,000 in a year or two, propelled by emerging markets growth and new products that could include a revolutionary TV set.
The Federal Reserve plans to fine eight more bank holding companies for improper home mortgage foreclosures, the latest fallout from the so-called robo-signing scandal in which banks filed foreclosure documents without verifying their accuracy.
The companies that are expected to see active trade on Wednesday are: Goldman Sachs Group, eBay, U.S. Bancorp, Bank of New York Mellon, Charles Schwab Corp, State Street Corp, F5 Networks, Xilinx, Amphenol and Fastenal Co.
As the U.S. government nears a deal with top banks to resolve mortgage abuses, the Justice Department has begun reaching out to other banks to gauge their interest in joining the wide-ranging settlement, according to a person familiar with the matter.
The top aftermarket NYSE gainers on Wednesday were: Methode Electronics, Titan International, C&J Energy Services, Talbots, Goldman Sachs Group, Morgan Stanley, McMoRan Exploration, Huntsman Corp, U.S. Bancorp and Novartis AG.
Standard & Poor's Ratings Services downgraded five more North American banks late Tuesday, a move to better reflect a recalibration of its view of the banking sector. The downgrade is a result of the application of the revised bank criteria published on Nov. 9, rather than any sudden and striking changes in creditworthiness.
America may seem to be at the forefront of innovation and technology, but when it comes to credit card payment systems, we're still a step behind.
Even after Bank of America backed off its $5 monthly debit card fee, banks are still raising existing fees and tacking on new fees in order to garner additional revenue.