|Day Low/High||51.10 / 51.93|
|52 Wk Low/High||43.14 / 55.55|
If it's forced to break up, the move would unlock value, and the stock would still be a bargain.
I know it's scary to dive in here, but confidence is rising as well, meaning a shift in market character.
Since it made money in this terrible economy, investors may be thinking that the bottom is in.
I have sold some April 13 calls against a portion of my XLF long. After a glimpse of several key fourth-quarter earnings reports for banks this week (U.S. Bancorp (USB), PNC Financial (PNC), Citigroup (C), State Street (STT), etc.) I have decided to...
U.S. Bancorp beat by a penny on a ho-hum quarter, while PNC missed on one-time charges. U.S. Bancorp (USB) beat by a penny, but nothing stands out. Net interest margins down, loan growth up 2.5%, provisions slightly lower than expectations and expen...
Amid a timid rally, I see potential breakouts for these names -- though better broad action would help.
The biggest surprise of 2012 could be that the financials, the most hated group out there, can actually soar.
These banks are sensitive to the emerging trends in jobs and non-residential construction.
Today's bump in pending home sales is an anomaly, even if it causes some stocks to move.
The rate cut may help Europe's banks, but it won't address the sovereign debt crisis.
The financial sector may have completed a technical process that marks a point of recovery in the sector.
These countries have learned something about how economics can lead to social unrest.
This group is rebounding sharply and is headed for some key resistance levels.
When nothing awful happens in Europe, some positive news can get through.
The big regionals look solid, but it's much more of a mixed picture with the globals.