: iStockAnalyst.com Symbols Feed

Banks Are Not Lending? So What

Tue, 01 Dec 2009 20:26:05 GMT

Much has been made about the fact that economy-wide bank lending is down considerably despite the fact that the stock market and other economic indicators have begun to improve. Even after the unprecedented cash made available by the Federal Reserve and direct bailouts from the Federal government, some estimates state that bank lending is still down some $600 billion from this time a year ago. This has created widespread frustrations which became apparent in an interview with real estate mogul Donald Trump this morning on CNBC. In that interview, Trump argued that the economy cannot heal until we have a fully functioning credit market and even suggested that perhaps the government should force banks to lend more.[More...]

U.S. Turning Profit On TARP, But Big Loans Remain In Banks Hands

Tue, 01 Sep 2009 17:45:22 GMT

The U.S. government is starting to see profits from the $750 billion Troubled Asset Relief Program (TARP), started last year to thwart the financial crisis. However, the two largest recipients of TARP money – Citigroup Inc. (NYSE: C) and Bank of America Corp. (NYSE: BAC) – have yet to pay back their loans and the government is still exposed to possible losses from those two heavyweights, as well as from smaller U.S. banks.[More...]

TARP Repayment: Positives And Negatives

Wed, 10 Jun 2009 13:45:07 GMT

US Treasury's announcement that 10 of the 19 largest U.S. banks will be allowed to repay (about $68 billion) Troubled Asset Relief Program (TARP) funds ($700 billion) led to a rally in these stocks.[More...]

Tech-Heavy Nasdaq Finishes A Star In Mixed Session

Tue, 09 Jun 2009 21:22:07 GMT

Stocks end mixed after a choppy trading day. Financials were early gainers and lifted the broader market initially but banks and brokerages turned mixed late in the trading day as the initial positive reaction to TARP payback news faded.[More...]

The New Dividend Aristocrats

Wed, 06 May 2009 12:39:17 GMT

The dividend aristocrats universe is shrinking according to analysts as some companies freeze dividends while others cut their payments. S&P might even consider [More...]

Senior Loan Officer Opinion Survey – Credit Conditions Are Improving

Tue, 05 May 2009 12:17:58 GMT

The US Senior Loan Officer Opinion Survey has just been published. This is an important document for assessing to what extent credit markets are thawing and confidence is returning to the financial system. The analysis presented in this post is a guest contribution by Asha Bangalore of Northern Trust. Please visit my website (by clicking on the heading above) for the full article, as well as other interesting investment snippets. [More...]

Regions Financial (NYSE:RF) Profitable - Good Last Week; Bad This Week?

Wed, 22 Apr 2009 00:13:57 GMT

Wait, I thought everything was fine with financials? It is funny how the same news one week has such a different perception the next week; Regions Financial (RF) reported this morning and like every bank it's benefiting from yield curve and refinance boom but this is being offset by larger loss provisions. This is one volatile name, didn't I just sell off a good portion of this Friday at $7.50? Now it's back below $5.00. A few other banks I like such as Northern Trust (NTRS) (not a traditional commercial bank) and US Bancorp (USB) are being slaughtered today in similar fashion. Because as we all know (all together kids!) its student body left (or right) trading - everything is bad in a sector or everything is good. I'll add some RF at $5.00 and use this as my proxy on commercial banking similar to how I used Excel Maritime[More...]

Wall Street Rallies, Financials Jump, IBM Soars

Wed, 21 Jan 2009 21:55:05 GMT

US stocks jumped on Wednesday after technology stocks rallied on better than expected quarterly results of IBM. Stocks also rose on hopes that Obama’s ‘comprehensive plan’ would stabilize the US banking sector.[More...]

Blackrock Struggles; Northern Trust Impresses

Wed, 21 Jan 2009 14:40:00 GMT

Blackrock (BLK) was a former holding of ours in the financial that is seeing some degradation - no one seems immune. The chart has been very poor of late which was a good warning sign. Amazingly assets under management still increased despite the carnage in the markets in Q4 2008. If this is what is happening to Blackrock, it cannot bode well for the Legg Masons (LM), Invesco's (IVZ) or Janus' (JNS) Today's earnings... Investment manager BlackRock Inc. on Wednesday reported an 84 percent drop in fourth-quarter profit, as revenue fell sharply and asset values plunged amid the global market meltdown. Net income for the three months ended Dec. 31 slid to $53 million, or 40 cents per share, from $322.4 million, or $2.43 per share, a year ago. Adjusted[More...]

The Warning Signs For Financials

Thu, 18 Sep 2008 12:48:00 GMT

The importance of following earnings estimate revisions became very apparent this week. A simple practice of avoiding stocks with consistent negative revisions would have kept investors out of American International Group (AIG), Lehman Brothers (LEH) and[More...]

Report: Women still underrepresented in key positions at Chicago companies: Census from the Chicago Network shows number of female directors declined

Wed, 18 Nov 2009 21:09:00 GMT

Nov. 18--Women in Chicago remain underrepresented in the top-ranking positions at Chicago's 50 largest public companies, according to the 12th annual Chicago Census from the Chicago Network, the women's professional organization that tracks the representation of women in key leadership positions.
However, the report found, the number of companies with no female directors (seven) and no female executive officers (17) increased by one in each category.
"Best performers" in terms of women represented as board members or executive officers were Discover Financial Services, Jones Lang LaSalle Inc., Kraft Foods Inc., Sara Lee Corp., Baxter International Inc., CME Group Inc., Corn Products International Inc., Exelon Corp., Hewitt Associates Inc., Northern Trust Corp., Allstate Corp. and Sears Holdings Corp.

: iStockAnalyst.com Symbols Feed

Banks Are Not Lending? So What

U.S. Turning Profit On TARP, But Big Loans Remain In Banks Hands

TARP Repayment: Positives And Negatives

Tech-Heavy Nasdaq Finishes A Star In Mixed Session

The New Dividend Aristocrats

Senior Loan Officer Opinion Survey – Credit Conditions Are Improving

Regions Financial (NYSE:RF) Profitable - Good Last Week; Bad This Week?

Wall Street Rallies, Financials Jump, IBM Soars

Blackrock Struggles; Northern Trust Impresses

The Warning Signs For Financials

Report: Women still underrepresented in key positions at Chicago companies: Census from the Chicago Network shows number of female directors declined

Low interest rates spur dreaded 'bubble' chatter

Chicago Tribune Gail MarksJarvis column: Investing risks are out there for the taking

Regulators Seize FBOP Banks: U.S. Bancorp Stepping in to Run Parent of Park National and Eight Others in the U.S.

Chicago Tribune Greg Burns Column: Recession May Be Over, but Jobless Figures Hint at 'Double Dip' Scenario

The Business Diary

Analysts: Investors Want Improvement in Jobs, Not Markets

As Dow Crosses 10,000, Average Americans Still in Pain: Wall Street May Be Breaking Out the Champagne After a Key Financial Indicator's Rebound, but Prospects for Average Americans Are As Daunting Now As They Were a Year Ago.

As Dow Crosses 10,000, Average Americans Still in Pain: Wall Street May Be Breaking Out the Champagne After a Key Financial Indicator's Rebound, but Prospects for Average Americans Are As Daunting Now As They Were a Year Ago.

Wall Street readies for busy week of economic data

Washington Trust Announces Third Quarter 2009 Earnings

Northern Trust Introduces Capital Call Modeling Tool for Private Equity Investors

Northern Trust Repurchases Warrant Related to U.S. Capital Investment

Northern Trust Launches Securities Lending Dashboard

Northern Trust Creates Corporate Social Responsibility Post

Northern Trust Enhances Risk Monitoring Tools

Northern Trust Reports Strong Rebound for U.S. Institutional Investment Plan Sponsors in Second Quarter

Northern Trust Corporation Reports Second Quarter Net Income of $314.2 Million, Up 46% From the Prior Year; Earnings Per Common Share Equal $.95

Northern Trust Corporation Reports Second Quarter Net Income of $314.2 Million, Up 46% From the Prior Year; Earnings per Common Share Equal $.95

Washington Trust Announces Second Quarter 2009 Earnings

Form 4/A NORTHERN TRUST CORP For: Nov 10 Filed by: LANE ROBERT W (10K)

Form 4/A NORTHERN TRUST CORP For: Nov 10 Filed by: Bond John (10K)

Form 4 OSBORN WILLIAM A For: Nov 10 (10K)

Form 4 Blake Aileen B For: Nov 09 (10K)

Form 4 Bond John For: Nov 10 (10K)

Form 4 NORTHERN TRUST CORP For: Nov 10 Filed by: LANE ROBERT W (10K)

Form 4 OSBORN WILLIAM A For: Oct 26 (10K)

Form 3 Bond John For: Nov 01 (10K)

Form 3 NORTHERN TRUST CORP For: Nov 01 Filed by: LANE ROBERT W (10K)

Form 4 St Clair Joyce For: Oct 28 (10K)