Filed under: International markets, Good news, Management, Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of New York (BK), Wells Fargo (WFC), Chasing Value, U.S. Bancorp (USB) It is being reported today in the Business Journal that the safest bank in the United States is Wells Fargo & Company (...

Chart courtesy of www.stockcharts.com ( click to enlarge ) CIEN - Fiber-optic telecommunications equipment maker Ciena Corp. reported its first-quarter results today. The company posted a loss of $24.5 million for its first quarter on a steep drop in sales and hefty charges related to its restructur...

This is getting tedious! We were bearish going into the week but not this bearish. It is unusual though that we have a weekly wrap-up with nothing but negative plays as we did last week but there was nothing very positive in the outlook after the action of the week of the 16th through the 20th, pict...

About time: “J.P. Morgan Chase & Co. slashed its quarterly dividend late Monday to save $5 billion a year and said that its first-quarter has been “solidly profitable” so far. Shares of the giant bank climbed 4.7% to $20.42 during after-hours trading. The stock closed down 2% a...

To hear the management at JPMorgan (JPM) talk, the bank does not have to cut its dividend, but it would be nice to keep the extra money each quarter, just in case things do not go as planned. The reasoning is a little thin, but that does not mean that the bank is being sinister. In a statement relea...

J.P. Morgan Chase and Citigroup have agreed to weeks-long moratoriums on foreclosures as the government works on a financial stability plan slated to include billions of dollars aimed at keeping people in their homes. Here’s the statement from Rep. Barney Frank: House Financial Services Chairm...

The "best little whorehouse on Wall Street": Busted Manhattan madam Kristin Davis who's said to be writing a tell all book, is starting to open up. She's let the folks at 20/20 have a peek at a computerized high profile......

The Big Banks vs. America: A Roundtable with David Kotok and Josh Rosner January 26, 2009 ~~~ “Banking bailouts were sold to us as a “necessary evil” because we were told only our existing network of banks could irrigate the economy with cash and so rescue industry. Now we know the...

Filed under: Market matters, Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Federal Natl Mtge (FNM), Wells Fargo (WFC), Politics, Housing, Cramer on BloggingStocks, Financial Crisis From TheStreet.com Network Education Stocks on Obama's Honor Roll BofA, Citi Show Bank Cash Needs Ru...

Filed under: Google (GOOG), Apple Inc (AAPL), General Electric (GE), JPMorgan Chase (JPM), Sprint Nextel Corp (S), Bank of America (BAC), Goldman Sachs Group (GS), Stock screen, Stocks to Sell It's been a long time since I wrote here, mainly because I've been busy busting my butt---I was up 197% in ...