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Posted By:JeeYeon ParkBanking analyst Stuart Plesser at Standard & Poor’s says he is still betting on Bank of America, even though the firm’s shares have lost 10 percent of their value in the past week. He explained his outlook for the company.    Read More
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style="padding: 4px 0px;text-decoration:none;color:#004276;">Economy (U.S.) | Economy (Global) | Banking | Investment Strategy | Nasdaq | NYSE | Stock Market | Stock Options | Stock PicksSectors:Financial Services | BanksCompanies:Bank of America CorpPermalink
The stage is set for too-big-to-fail banks such as Citigroup and Bank of America to take on greater risks in pursuit of profits, counting on taxpayers to make good their losses.
AP - Stocks are giving up an early advance after a reading on consumer confidence came in well below expectations.
BEIJING (Reuters) - Bank of New York Mellon Corp sees more acquisition opportunities in Europe than in Asia, the head of the world's largest custodian of financial assets said on Tuesday.

Posted By:JeeYeon ParkStocks retreated Monday, led by financials, as the dollar rebounded and Dutch bank ING announced plans to split in two. Greg Merlino, president and founder of Ameriway Financial Services and Lawrence Glazer, managing director at Mayflower Advisors shared their market insights.     Read More
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ref="" style="padding: 4px 0px;text-decoration:none;color:#004276;">Housing | Employment | Economy (U.S.) | Economy (Global) | Investment Strategy | Nasdaq | NYSE | Stock Market | Stock Options | Stock PicksCompanies:Verizon Communications | Google IncPermalink
AFP - The FTSE 100 edged higher on Monday as nervous investors assessed the outlook for the global economy ahead of crucial US growth data later this week.
TOKYO (Reuters) - The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines , the Nikkei business daily said, underlining the government's deeper involvement in the process.

Posted By:JeeYeon ParkInvestors gain 2.5 percent a year investing in “sin stocks”—tobacco, alcohol and gambling. Marcin Kacperczyk, professor of finance at NYU Stern, explains the “price of sin” and how it may help investors boost their portfolios.     Read More
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97101" style="padding: 4px 0px;text-decoration:none;color:#004276;">Investment Strategy | Nasdaq | NYSE | Stock Market | Stock Options | Stock PicksCompanies:Wynn Resorts, Limited | Molson Coors Brewing Co | Diageo plc | Anheuser Busch InBev Inc. | Altria Group IncPermalink
Reuters - Stock bulls may hit the pause button again next week if a wave of earnings due from marquee names such as Exxon Mobil and a slew of economic data offer no fresh incentives to extend Wall Street's seven-month rally.
WASHINGTON (Reuters) - Lockheed Martin Corp has won an $853.3 million U.S. Navy contract for work on Trident II missile production and deployed system support, the Defense Department said Friday.

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