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3 big banking stocks that just got upgraded

09:11am, Wednesday, 31'st Jan 2024
With expectations rising for the Fed to cut rates sometime this year, banking stocks are very much back in focus. While it was looking like 2023 was going to go down as one of the poorer years in the
Oppenheimer analyst Chris Kotowski has reiterated overweight ratings on Goldman Sachs Group Inc. and Jefferies Financial Group Inc. as standouts among a class of relatively cheap big-bank stocks.
New York Attorney General Letitia James accused Citi of failing to protect fraud victims. In a lawsuit filed Tuesday (Jan. 30), the state's top prosecutor alleged that the banking giant has no protect
Joe Terranova and Jenny Harrington join CNBC's Halftime Report to pick their favorite financials in the sector.
"Banks are supposed to be the safest place to keep money, yet Citi's negligence has allowed scammers to steal millions of dollars from hardworking people," James said.
The attorney general's office said the alleged failure cost victims millions in dollars.
Morgan Stanley analyst Betsy Graseck on Tuesday upgraded Bank of America Corp., Goldman Sachs Group Inc., Citigroup Inc. and Bank of New York Mellon Corp. on optimism around pared-back capital require

4 Buyable Buffett Dividend Dogs In January

08:42am, Sunday, 28'th Jan 2024
This Buffett holdings list from Kiplinger first appeared 11/14/23 on the BKH SEC Form 13F. Kiplinger, YCharts, and Dogs of the Dow all track this BKH batch. Here is your. 27 of 45 current BKH-owned st
Edgar Wachenheim III's Greenhaven Associates bought up Citigroup stock, doubled an investment in Terex, and sold all its shares of Whirlpool.
Citigroup has destroyed more shareholder value than it has created over the years. Quarterly results have continued to be a letdown, though progress on the mid-term turnaround is encouraging. The key

2 Top Warren Buffett Stocks to Buy Right Now

05:02am, Friday, 26'th Jan 2024
Citigroup's restructuring efforts look set to finally pay off. D.R. Horton is enjoying structural tailwinds in the homebuilding sector.
Bank of America Corp. has issued “letter of education” messages that threaten disciplinary action against employees who choose to work from home, as the megabank puts some teeth into its return-to

Bank Stock 'Buy' Signal Has Never Been Wrong

01:45pm, Wednesday, 24'th Jan 2024
Bank stock Citigroup Inc (NYSE:C) is up 4% in 2024, but has cooled off since scraping a nearly two-year high of $54.74 on Jan. 4.
Some Citigroup employees who are being laid off this week in New York, part of one of the biggest job reductions at a bank since the financial crisis, are expected to be paid salaries through April, t

Bank ETFs in Focus on Mixed Q4 Earnings

01:04pm, Tuesday, 23'rd Jan 2024
The financial sector, which accounts for around one--fifth of the S&P 500 Index, had a mixed Q4.
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