JPMorgan’s Q4 Profit Surges 47%, Beating View (JPM)
Financial services giant JPMorgan Chase & Co. ( JPM ) on Friday said its fiscal fourth quarter profit rose 47% from last year, beating analyst estimates. The...
Arch Coal Cuts 2010 Guidance; Shares Fall (ACI)
Coal producer Arch Coal, Inc. ( ACI ) late Tuesday lowered its full-year 2010 earnings guidance, sending its shares lower in aftermarket trading. The company said...
Bank of America Shares Rise on $2 Billion Home Loan Settlement (BAC)
Banking giant Bank of America Corporation ( BAC ) on Monday announced it will take a nearly $2 billion charge in the fourth quarter related to a home loan buyback...
General Electric Sells Mexican Mortgage Business (GE)
Multinational conglomerate General Electric Company ( GE ) said that its GE Capital unit has sold its Mexican consumer mortgage business to Grupo Financiero Santander...
The Top 25 Financial Stories of 2010
So long farewell, auf weidersehen good-bye 2010. I can’t say that I will miss you. In the meantime, let’s hope 2011 isn’t the year that all of...
Nike’s Q2 Earnings Beat View, but Future Orders and Margins in Question (NKE)
Athletic footwear and apparel maker Nike, Inc. ( NKE ) late Tuesday said its fiscal second quarter profit rose 22% from last year, beating analyst estimates, but...
Estee Lauder Started as a “Buy” at Jefferies & Co. (EL)
Cosmetics maker The Estee Lauder Companies Inc. ( EL ) on Tuesday saw its coverage initiated with a “Buy” rating by analysts at Jefferies & Co....
Market Wrap-Up for Nov.30 (JPM, BAC, GS, MRK, ABX, FDX, more)
There was lots of market trepidation once again today in regards to the European debt situation, but investors should not overlook the potential debt time-bomb...
OptionsXpress Declares Special Dividend of $4.50 per Share (OXPS)
Online stock brokerage OptionsXpress Holdings, Inc. ( OXPS ) on Monday announced a massive one-time dividend of $4.50 per share, sending its stock soaring in premarket...
Buy gold bullion or mining stocks? – Rob McEwen – Aandelen Beleggen
In this video, Rob McEwen, Chairman & CEO of US Gold and founder of Goldcorp explains that whether to buy physical gold bullion and/or gold mining stocks depends...
The Sierra Club’s Worst Nightmare
The greatest investor of the past forty years recently bought the remaining 77.4% of Burlington Northern Santa Fe (BNSF) for $44 billion in cash, stock and debt....
Market Wrap-Up for Nov.18 (GM, UNP, FCX, COH, MA, LTD, BKE, more)
Baseball, Hot Dogs, Apple Pie & Chevrolet! The much-anticipated IPO of General Motors ( GM ) has finally arrived and Wall Street is rejoicing, judging by the...

