Zacks Analyst Blog Highlights: Ford, American Express, Capital One, JPMorgan Chase and Wal-Mart
Zacks.com - Mon Dec 7, 7:27 am ETZacks Analyst Blog Highlights: Ford, American Express, Capital One, JPMorgan Chase and Wal-Mart
5471 Stories, most recent news story added 1 hour 33 minutes ago
Zacks Analyst Blog Highlights: Ford, American Express, Capital One, JPMorgan Chase and Wal-Mart
Dec. 7 (Bloomberg) -- Emerging-market stocks fell, heading for the biggest decline in more than a week, as lower commodity prices dragged down producers in Russia and South Africa. Dubai’s equity market sank the most worldwide on debt concerns.
Dec. 7 (Bloomberg) -- The dollar rose to its highest level in a month against the euro as stocks fell on speculation the equity rally has outpaced prospects for economic growth, discouraging demand for riskier assets.
Dec. 7 (Bloomberg) -- Cemex SAB Chief Executive Officer Lorenzo Zambrano is ready to pay higher rates to avoid spending limits imposed by banks in a $15 billion loan restructuring, according to RBS Securities Inc. and Actinver SA.
Dec. 7 (Bloomberg) -- Bank of America Corp ., the largest U.S. bank by assets and deposits, said it has modified loan terms for more than 160,000 borrowers in a U.S. program as the government presses lenders to curb foreclosures.
Dec. 7 (Bloomberg) -- The U.S. Treasury Department aims to hold off on selling its 34 percent stake in Citigroup Inc. until the bank and regulators agree on a broader plan to repay all obligations remaining from last year’s $45 billion government bailout, a person close to the department said.
Dec. 7 (Bloomberg) -- Compensation for D.R. Horton Chairman Donald R. Horton and Chief Executive Officer Donald J. Tomnitz climbed by 56 percent in fiscal 2009, a year when the second- largest U.S. homebuilder reported a net loss of $545.3 million.
Dec. 7 (Bloomberg) -- Gold extended a retreat from a record in New York, heading for the biggest two-day drop since October 2008, as a stronger dollar curbed the metal’s appeal as an alternative asset.
Dec. 7 (Bloomberg) -- Municipal issuers will seek buyers for more than $10 billion in bonds this week, led by a New York City offering split between taxable and tax-exempt debt, after benchmark borrowing costs fell to the lowest since October.
Many small and mid-sized banks that have accepted TARP funds aren't in any rush to pay the Treasury back.
Dec. 7 (Bloomberg) -- Plans by Argentine opposition lawmakers to cut taxes on soybean exports by about $1.5 billion may derail government efforts to contain a swelling budget deficit next year, Goldman Sachs Group Inc. said.
Dec. 7 (Bloomberg) -- As the U.S. economy pulls out of a recession and the biggest banks return to profitability, mounting defaults on commercial property may keep regional lenders from repaying bailout funds until at least 2011.
Dec. 7 (Bloomberg) -- Robusta coffee rose the most in a week in London on speculation that lower supply from Vietnam, the world’s biggest grower, will boost demand and push prices higher.
Dec. 7 (Bloomberg) -- First Ship Lease Trust , the marine- leasing company, scrapped a plan to sell $200 million in bonds after a request by Dubai World for a so-called debt standstill roiled credit markets.
Dec. 7 (Bloomberg) -- Gold extended a retreat from a record in London, heading for the biggest three-day drop since April, as a stronger dollar curbed the metal’s appeal as an alternative asset.
Dec. 7 (Bloomberg) -- Gold’s best year in three decades has yet to match the returns of an interest-bearing checking account for anyone who bought the most malleable of metals coveted for at least 5,000 years during the last peak in January, 1980.