Big Boost for Visa's Digital Wallet
Visa (Photo credit: DeclanTM) Visa's digital wallet product,V.me, grew significantly this week with the addition of two major banking partners. Bank of America, with an estimated 30 million online...
View ArticleHey La, Hey La, Supply Side's Back: The New A-Team Arrives
A dramatic changing of the guard in the GOP and in the leadership of its intelligentsia.
View ArticleForbes Earnings Preview: BB&T
Wall Street is high on BB&T (BBT), expecting it to report earnings that are up 27.3% from a year ago when it reports its fourth quarter earnings on Thursday, January 17, 2013. The consensus...
View ArticleWill banks' shifting portfolio mixes mean easier borrowing for businesses?
Many U.S. banks have been boosting commercial and industrial lending as they shift portfolio concentrations away from commercial real estate, so businesses might expect it’s getting easier to get a...
View Article4 Strong Stocks in Top Sectors
With the market acting like the Energizer bunny, MoneyShow’s Tom Aspray goes prospecting for stocks, which will provide good entry points for the next leg up. As the public focuses on the recent...
View ArticleFed's Capital Review Gives JPMorgan And Goldman An Incomplete
Banks will be allowed to return capital, but must fix weaknesses in capital planning process and resubmit.
View ArticleCCAR Roundup: Fed Clears Capital Return From Most Banks, Flags Issues For Four
After stress tests, central bank says most big banks are clear to return capital.
View Article31 Banks That Will Face The Fed's Harshest Stress Tests
The Federal Reserve required bank holding companies with total consolidated assets of $50 billion or more to submit capital plans for review on an annual basis. A total of 31 firms made the list....
View ArticleWithout Question, Capitalism Is Supremely Moral
The only true impairment to achievement in the U.S. is a lack of motivation.
View ArticleSuperValu Deal A Sign Of More Supermarket M&A?
Cerberus’ partial buyout of SuperValu, which closed today, could signal more grocery deals are in store, says mergermarket's Soma Biswas.
View ArticleHey, Did You Hear About Florida Gulf Coast University?
They have an excellent economics department.
View ArticleThe Fed: Playing Thug Politics With Banks
For the Federal Reserve to engage in Godfather-style retributions is appalling.
View ArticleCash Dividend On The Way From BB&T's Series D Preferred Stock
On 4/26/13, BB&T Corp.'s Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT.PRD) will trade ex-dividend, for its quarterly dividend of $0.3656, payable on 5/1/13. As a percentage of...
View ArticleBBT Makes Bullish Cross Above Critical Moving Average
In trading on Thursday, shares of BB&T Corp. (NYSE: BBT) crossed above their 200 day moving average of $30.68, changing hands as high as $30.84 per share. BB&T Corp. shares are currently...
View ArticleCash Dividend On The Way From BB&T Corp.
Looking at the universe of stocks we cover at Dividend Channel, on 5/8/13, BB&T Corp. (NYSE: BBT) will trade ex-dividend, for its quarterly dividend of $0.23, payable on 6/3/13. As a percentage of...
View ArticleDid U.S. Cyberattacks On Iran Backfire On American Banks?
Michael Joseph Gross raises some fascinating, and disturbing, questions in “Silent War,” in the July issue of Vanity Fair. Apparently drawing on extensive contacts in the rarified world of extremely...
View ArticleAn Overleveraged Fed Punishes Better-Capitalized Banks
The Fed is not only the nation’s most powerful and important financial institution, but itself thinly-capitalized.
View ArticleWho Is The Highest-Paid Financial Service CEO? It's Not Stumpf Or Blankfein
According to SNL Financial John Stumpf, CEO of Wells Fargo topped the bank pay league. According to Bloomberg Markets, Lloyd Blankfein, CEO of Goldman Sachs did. In reality, neither did. Because both...
View ArticleAll Eyes Are On The Federal Reserve, And That's The Problem
We’re now a non-market economy driven by knowledge of what’s inside the minds of highly fallible individuals, as opposed to understanding the minds of the employees of our best companies.
View ArticleForbes Earnings Preview: BB&T (BBT)
BB&T (BBT) reports its second quarter earnings on Thursday, July 18, 2013. The consensus estimate is 73 cents per share, up 1% from a year ago when BB&T reported earnings of 72 cents per share....
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