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Stock Market News

Bank Of America
Big Banks Brace For A Bad Earnings Season
By 
International Business Times
 - Apr 10, 2014
   |    1

By Moran Zhang - The country’s biggest banks, which report their earnings Friday and next week, are struggling to grow revenue amid a continued slump in bond trading revenue and a tighter regulatory ...

 
SAP AG
Judge Accepts Hedge Fund SAP Capital's Plea
By 
International Business Times
 - Apr 10, 2014

By Reuters - A federal judge agreed to accept SAC Capital Advisors' guilty plea to fraud charges in the U.S. government's insider trading case against the hedge fund firm controlled by billionaire ...

 
Bank Of America
BofA To Pay $772M For Selling Credit Card Extras
By 
International Business Times
 - Apr 10, 2014

By Sneha Shankar - Bank of America Corp. NYSE:BAC agreed on Wednesday to pay $772 million in fines and refunds to settle regulator's accusations that it tricked people into buying unnecessary extra ...

 
Traders
U.S. stocks edge lower after jobless claims; Dow Jones down 0.02%
By 
Investing.com
 - Apr 10, 2014

Investing.com - U.S. stocks opened moderately lower on Thursday, after the release of upbeat U.S. jobless claims data and as the minutes of the Federal Reserve's latest policy meeting still lent ...

 
eBay
EBay, Icahn End Proxy Fight
By 
International Business Times
 - Apr 10, 2014

By Reuters - NEW YORK (Reuters) - EBay Inc. and Carl Icahn have ended their proxy fight, with the activist investor dropping his proposal that the e-commerce company split off its PayPal payments unit...

 
Traders
European stocks mixed to higher, Fed minutes support; Dax up 0.37%
By 
Investing.com
 - Apr 10, 2014

Investing.com - European stocks were mixed to higher on Thursday, as the minutes of the Federal Reserve's most recent policy meeting still lent support to global equity markets and after the Bank of ...

 
Wall Street
U.S. futures decline ahead of jobless data; Dow Jones down 0.22%
By 
Investing.com
 - Apr 10, 2014

Investing.com - U.S. stock futures pointed to a lower open on Thursday, ahead of the release of U.S. jobless claims data. although the minutes of the Federal Reserve's latest policy meeting still lent...

 
housing sector
In Q1, Wells Fargo's Cost Cutting Should Shine
By 
International Business Times
 - Apr 10, 2014

By Moran Zhang - Wells Fargo & Co. NYSE:WFC, a bellwether for the mortgage and housing sector, is expected to report a rise in profit in the first quarter of 2014, largely from strong expense control ...

 
Jp Morgan Chase
Low Trading Revenue Likely To Weigh On JPMorgan's Q1
By 
International Business Times
 - Apr 10, 2014

By Sophie Song - JPMorgan Chase & Co. NYSE:JPM, the nation’s biggest bank by assets, is expected to report a 11.2 percent decrease in earnings per share in the first quarter of the year as a result of...

 
Bullish
European stocks rise on Fed minutes, eyes on BoE; Dax up 0.69%
By 
Investing.com
 - Apr 10, 2014

Investing.com - European stocks were higher on Thursday, as the minutes of the Federal Reserve's most recent policy meeting lent support to global equity markets, while investors eyed the Bank of ...

 
Bank Of America
Bank Of America To Pay $783M In Refunds, Fines
By 
International Business Times
 - Apr 10, 2014

By Sneha Shankar - Bank of America Corp NYSE:BAC on Wednesday agreed to pay about $783 million in refunds to customers and fines to federal regulators, to settle claims that the company tricked people...

 
Shanghai Stock Exchange
Asian shares mixed as China trade data weighs, stimulus hopes dashed
By 
Investing.com
 - Apr 10, 2014

Investing.com - Asian shares traded mixed on Thursday with China down after trade data figures that suggest distortions from hot money flows and trade credit and invoicing issues. China data showed a...

 
US Housing Market
Fannie, Freddie Investors Unite Against Housing Reform Bill
By 
International Business Times
 - Apr 09, 2014

By Reuters - WASHINGTON (Reuters) - A coalition of investors in Fannie Mae and Freddie Mac on Wednesday launched an effort to stop Congress from moving ahead with a U.S. housing finance reform bill, ...

 
market up
U.S. stocks rally as Fed ditches rate hike target; Dow gains 1.11%
By 
Investing.com
 - Apr 09, 2014

Investing.com - U.S. stocks rallied on Wednesday after the minutes from the Federal Reserve's March policy meeting revealed monetary authorities unanimously agreed to ditch a target it was preparing ...