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M&T Bank: Financial Winner

NEW YORK (TheStreet) -- M&T Bank of Buffalo, N.Y., was the winner among large U.S. banks on Wednesday, with shares rising 1.7% to close at $114.64. The broad indices ended lower, after the Federal Open Market Committee (FOMC), as expected, made no ch.....»»

Category: topSource: thestreetOct 30th, 2013

Bank Stocks Are Strong on Manufacturing Boost

NEW YORK (TheStreet) -- Capital One Financial was the sector winner on a strong day for bank stocks, with shares rising 2.3% to close at $73.83. The broad indices all ended with solid gains after the Federal Reserve said industrial production in the Uni.....»»

Category: topSource: thestreetMar 17th, 2014

Most Bank Stocks End Higher Following Yellen Testimony

NEW YORK (TheStreet) -- Capital One Financial was the winner among large-cap U.S. bank stocks on Thursday, with shares rising 1.8% to close at $72.62. The Dow Jones Industrial Average and the S&P 500 both ended with gains of 0.5%, while the NASDAQ Com.....»»

Category: topSource: thestreetFeb 27th, 2014

Bank Stocks Strong Following Thursday Unemployment Report

NEW YORK (TheStreet) -- Regions Financial was the sector winner on a very strong Thursday for bank stocks, with shares rising 3.7% to close at $10.27. The broad indices all ended with gains of over 1%, and the KBW Bank Index was up 1.7% to 67.26. Thurs.....»»

Category: topSource: thestreetFeb 6th, 2014

Bank Stocks Soar on Jobs Report: Financial Winners (Update 1)

Updated from 12:33 p.m. ET with market close information. NEW YORK (TheStreet) -- Regions Financial was the winner among the nation's largest banks on Friday, with shares soaring over 5.4% to close at $9.78. The Dow Jones Industrial Average was up.....»»

Category: topSource: thestreetNov 8th, 2013

Bank Stocks Soar on Jobs Report: Financial Winners

NEW YORK (TheStreet) -- Regions Financial was the winner among the nation's largest banks on Friday, with shares soaring over 4% in late midday trading to $9.64. The Dow Jones Industrial Average was up 0.5%, while the S&P 500 was up 0.8% and the Nas.....»»

Category: topSource: thestreetNov 8th, 2013

HSBC Cost Cutting Woos Investors: Financial Winners

NEW YORK (TheStreet) -- HSBC Holdings was the bank stock winner on Monday, with the company's American depositary receipts rising over 2% to close at $56.51. HSBC early Monday announced a 40% increase in third-quarter profit before tax to $4.53 billi.....»»

Category: topSource: thestreetNov 4th, 2013

M&T Bank: Financial Winner

NEW YORK (TheStreet) -- M&T Bank of Buffalo, N.Y., was the winner among large U.S. banks on Wednesday, with shares rising 1.7% to close at $114.64. The broad indices ended lower, after the Federal Open Market Committee (FOMC), as expected, made no ch.....»»

Category: topSource: thestreetOct 30th, 2013

Discover: Bank Stock Winner

NEW YORK (TheStreet) -- Discover Financial Services was the winner among major U.S. banks on Monday, with shares rising 2% to close at $52.81. The broad indices strengthened late in the trading session, on the 14th day of the partial shutdown of the .....»»

Category: topSource: thestreetOct 14th, 2013

Capital One: Earnings Season Winner

NEW YORK (TheStreet) -- Capital One Financial was the winner among large-cap U.S. bank stocks on Friday, with shares rising 1.6% to close at $71.92. Capital One is set to announce its third-quarter results on Oct. 17, with analysts polled by Thomson .....»»

Category: topSource: thestreetOct 11th, 2013

Bank Stocks Recover on Shutdown Day 4: Financial Winners

NEW YORK (TheStreet) -- Zions Bancorporation of Salt Lake City was the winner among the nation's largest banks on Friday, with shares 2.5% to close at $27.76. The broad indices all ended with solid gains, as congressional Republicans appeared more wil.....»»

Category: topSource: thestreetOct 4th, 2013

Regions Financial: Bank Stock Winner

NEW YORK (TheStreet) -- Regions Financial of Birmingham, Ala., was the winner among large U.S. banks on Friday, with shares rising 1.3% to close at $9.30. The broad indices all ended lower, as investors worried over the latest federal budget deadline .....»»

Category: topSource: thestreetSep 27th, 2013

Cullen/Frost Bankers: Financial Winner

NEW YORK (TheStreet) -- Cullen Frost Bankers of San Antonio was the winner among large U.S. banks on Friday, with shares rising 2% to close at $69.44. The KBW Bank Index ended with a slight decline to close at 63.60, with the 24 index components even.....»»

Category: topSource: thestreetSep 20th, 2013

Morgan Stanley Outpaces Financials: Upgrade Winner

NEW YORK (TheStreet) -- Morgan Stanley was the winner among stocks of large U.S. banks on Wednesday as shares rose nearly 1% to close at $28.25. The New York-based investment bank was a positive outlier on a mostly weak day for financial names as UBS .....»»

Category: topSource: thestreetSep 11th, 2013

Morgan Stanley Rises: Financial Winner

NEW YORK (TheStreet) -- Bank stocks gained a bit more steam on Thursday following an increase in estimated second-quarter GDP growth and better-than-expected unemployment numbers. Morgan Stanley was the clear winner among major financial players, with.....»»

Category: topSource: thestreetAug 29th, 2013

Facebook Might Be Planning a Very Smart Pivot

A banking license? For a social network? Here's why Facebook's latest move is more forward-thinking than it seems.Facebook wants to bank its financial future on more than online advertising. In fact, the company wants to become a bank.According to the Fin.....»»

Category: topSource: incApr 18th, 2014

Square 1 Financial And The Evolution Of Finance

ByDallas Salazar:Who is Square 1 Financial, Inc.?Square 1 Financial, Inc. (SQBK) operates as the holding company for Square 1 Bank that provides a range of banking and financial products and services to the entrepreneurial community, and venture capital a.....»»

Category: topSource: seekingalphaApr 18th, 2014

How Facebook Might Be Planning a Very Smart Pivot

A banking license? For a social network? Here's why Facebook's latest move is more forward-thinking than it seems.Facebook wants to bank its financial future on more than online advertising. In fact, the company wants to become a bank.According to the Fin.....»»

Category: topSource: incApr 18th, 2014

Bank Earnings: Goldman Sachs Vs. Morgan Stanley

By John M. Mason: The interesting thing to me in the earnings reports of these two major firms is the stress each management gave to different financial measures.Goldman Sachs Group Inc. (GS) stressed its return on equity, which came in at 10.9 percent.Mo.....»»

Category: topSource: seekingalphaApr 18th, 2014

Sallie Mae names Steven McGarry CFO of Sallie Mae Bank

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fly's real-time, streaming news feed keeps individual investors, professional money managers, active trader.....»»

Category: blogSource: theflyonthewallApr 18th, 2014

Bank of America Corp (BAC) Gets Buy From Top Ranked Sell-Side Analyst

Unfortunately, Bank of America Corp (NYSE:BAC) has been dealing with legal costs accrued from the financial crisis and they just disclosed larger-than-expected legal expenses of $6 billion, just in the first quarter! BAC is still paying dearly for its mor.....»»

Category: blogSource: valuewalkApr 18th, 2014