Analysts see lowest grades for Bank of America and JPMorgan in Fed’s stress test

Bank of America Corp. and JPMorgan Chase & Co. emerged with the lowest marks among the overall passing grade for banks in the Fed’s annual stress test, analysts at Jefferies and Citigroup said Friday. Also weighing in on the stress test, Morgan Stanley analyst Betsy Graseck cut her price targets for Bank of America Corp. … Read more

Fed says banks could withstand 10% unemployment, 55% stock price drop in annual stress test

The Federal Reserve Board on Thursday projected the potential for a rockier road ahead for banks than it did a year ago, but said the 33 financial institutions it reviewed passed its annual stress test of capital reserves. The Fed estimated $ 612 billion in potential losses for banks in its most severe economic scenario, … Read more

Stocks with strong balance sheets and attractive returns

European companies have never been richer, according to Morgan Stanley, and are ready to splash the cash – including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through buybacks … Read more

Morgan Stanley’s Pick says a paradigm shift has begun in markets. What to expect

Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick. The transition from the economic conditions that followed the 2008 financial crisis … Read more

Morgan Stanley’s Pick says a paradigm shift has begun in markets. What to expect

Trader on the floor of the NYSE, June 1, 2022. Source: NYSE Global markets are in the beginning of a fundamental shift after a nearly 15-year period defined by low interest rates and cheap corporate debt, according to Morgan Stanley co-President Ted Pick. The transition from the economic conditions that followed the 2008 financial crisis … Read more

Morgan Stanley says buy the dip on these 5 global stocks

Global markets have been slammed by a slew of macro headwinds, but Morgan Stanley sees opportunities for investors to pile into “fallen angels” – stocks which the bank thinks have sold off materially and now look attractive. With the MSCI Europe down nearly 14% this year, Morgan Stanley believes European stocks have been oversold, with … Read more

Chegg, Expedia, BP and more

James Tahaney loads textbooks on to a pallet in preparation for shipping at the Chegg warehouse in Shepherdsville, Kentucky, April 29, 2010. John Sommers II | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Paramount Global – Shares fell 1.7% after entertainment giant reported first-quarter revenue below expectations. The media … Read more

Elon Musk’s Twitter bid is facing great skepticism on Wall Street

SpaceX owner and Tesla boss Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 1, 2020 in Berlin, Germany. Britta Pedersen | Getty Images It is not often that a company receives a takeover bid equivalent to an 18% share premium, only to see its shares fall in the … Read more

Elon Musk’s Twitter bid is facing great skepticism on Wall Street

SpaceX owner and Tesla boss Elon Musk arrives on the red carpet for the Axel Springer Award 2020 on December 1, 2020 in Berlin, Germany. Britta Pedersen | Getty Images It is not often that a company receives a takeover bid equivalent to an 18% share premium, only to see its shares fall in the … Read more

5 things to know before the stock market opens on Thursday

Here are the key news, trends and analyzes that investors need to start their trading day: Stock futures have changed slightly on the last trading day of the week A trader works on the floor of the New York Stock Exchange (NYSE) in New York on April 4, 2022. Brendan McDermid | Reuters U.S. stock … Read more