General Mills and Micron Raised Their Dividends. Banks Will Soon, Too.

Text size Justin Sullivan/Getty Images General Mills and Micron Technology declared dividend increases this week, and various large banks announced plans for their disbursements. General Mills (ticker...

Banks Are Healthy. Why They’re Holding Back on Dividends.

Text size JPMorgan Chase held its dividends flat due to increasing capital requirements following the Federal Reserve’s stress test.  Justin Sullivan/Getty Images Banks may have gotten a clean bill of...

Bank Stocks Boost Dividends After Fed Stress Tests

Text size The Fed’s annual stress tests were introduced following the 2008-09 financial crisis. Dreamstime Morgan Stanley , Goldman Sachs , Wells Fargo , and Bank of America said they would rais...

Goldman Sachs and Wells Fargo Boost Dividends After Fed Stress Tests

Text size The Fed’s annual stress tests were introduced following the 2008-09 financial crisis. Dreamstime Morgan Stanley , Goldman Sachs , Wells Fargo and Bank of America said they would raise ...

Goldman Sachs and Wells Fargo Boost Shareholder Payouts

The largest U.S. banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able to keep lending in a severe hypothetical recession. Four of the six biggest ba...

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 Fri...

Berkshire Hathaway Stock Hit Hard in June. Warren Buffett Is Probably Unfazed.

Text size Berkshire has scaled back its stock repurchase program this year, and that may be sending a message that CEO Warren Buffett doesn’t view the stock as being so cheap. Bill Pugliano/Gett...

Is Bank of America a buy or is there more pain ahead for BAC stock?

With the Federal Reserve’s (Fed) battle against inflation by raising the interest rates, financial stocks have had the spotlight put on them. One of the biggest banks, Bank of America (NYSE: BAC), is ...

Berkshire Hathaway’s Equity Portfolio Is Down An Estimated $65 Billion So Far in This Quarter

Text size Warren Buffett’s Berkshire Hathaway wasn’t a buyer of its own stock in April, but that might have changed with the market’s recent drop. Paul Morigi/Getty Images for Fortun...

Goldman Sachs and Wells Fargo Are Now Trading Below Book Value. Time to Pounce.

Text size Goldman Sachs stock is trading below book value. Spencer Platt/Getty Images The old saw is to buy Goldman Sachs when it trades below its book value—and investors once again have that opportu...

Bank of America and 4 More Financial Stocks for a Tough Market

Text size Bank of America is Wells Fargo’s top pick among the large U.S. banks. Justin Sullivan/Getty Images One couldn’t blame investors in the financial sector for feeling discouraged this year. Goi...

Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

By John Stensholt and Nate Rattner May 31, 2022 7:00 am ET Wages for the median workers at the majority of big American companies are higher than they were before the pandemic, with the tight job mark...

Warren Buffett’s Berkshire Hathaway Is Taking a $30 Billion Hit on Apple

Text size Apple makes up 40% of Berkshire Hathaway’s equity portfolio. Dreamstime Warren Buffett loves Apple , but Berkshire Hathaway’s big holding in the iPhone maker is hurting: Apple shares a...

Which of Buffett’s bank stocks might make you the most money?

This is the time of the quarter when investors get to see what changes Warren Buffett and the management team at Berkshire Hathaway have made to the conglomerate’s stock portfolio. The big splash in B...

Buy Citizens Financial Stock. Its Shares Could Gain 29%.

Bigger is better in banking—and Citizens Financial Group has been taking steps that should allow it to play with the bigger boys. Its stock looks like a winner. These days, it’s nearly impossible for ...

Preferred Stocks Have Plunged This Year. But There Are Opportunities If You Know Where to Look.

The preferred-stock market has suffered one of its worst selloffs in decades as yields on leading bank preferred issues have risen to about 6% from 4%. But with yields now at their highest levels in f...

Billionaire George Kaiser’s Bank Drills Deeper Into the Oil Patch

Banks all over the U.S. and around the world have curtailed lending to the U.S. oil-and-gas sector. BOK Financial Corp. BOKF 1.09% has doubled down. The Tulsa, Okla.-based bank holding company for the...

Bank of America gets fined $10 million for illegally taking payments from customers

The Consumer Financial Protection Bureau (CFPB) said Wednesday it ordered Bank of America Corp. BAC, +4.01% to make a $10 million civil penalty and refund or cancel fees from unlawful garnishments and...

Warren Buffett’s Berkshire Hathaway Spent Billions on Chevron. This Might Be Why.

Text size Photograph by Justin Sullivan/Getty Images There is a cottage industry on Wall Street predicting what would Warren would buy. That, of course, refers to Berkshire Hathawa y (ticker: BRK.B) C...

Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying.  That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...

Warren Buffett and Berkshire Hathaway are once again outperforming the stock market. Apple is one big reason but these other 10 stocks also helped

During the long, tech-driven bull market, you may have seen more than one article suggesting Berkshire Hathaway CEO Warren Buffett’s investing style was no longer valid. With Buffett leading the congl...

Bank of America’s Results Are Better Than Expected: Here’s My Plan

On Monday morning, the nation’s second largest bank released the firm’s first quarter financial results. Those results appear to be somewhat better than some had expected after seeing seve...

BAC earnings 1Q 2022

Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America posted first-quarter profit on Mo...

Is the Stock Market Open Today? Here Are Hours for Easter Monday 2022.

Text size Dreamstime U.S. investors eager to trade after the holiday weekend will have plenty of news to digest, thanks to corporate earnings. More than 100 companies are slated to report this week—an...

Tesla, AT&T, Netflix, Bank of America, IBM, and Other Stocks to Watch This Week

Text size First-quarter earnings season picks up next week, with 67 S&P 500 companies scheduled to report.  Bank of America will be Monday’s highlight, followed by Netflix , Johnson & Johnson ...

Commodities Are Hot Right Now. But the Party May Be Over.

Text size Prices for industrial commodities such as copper wire have taken off. Dreamstime Investors have piled into commodities, sending their prices soaring, but the good times may be more or less o...

Alibaba Stock Stake Slashed by Charlie Munger’s Daily Journal

Text size Charlie Munger attends the annual Berkshire shareholders meeting in Omaha in 2019. JOHANNES EISELE / AFP / Getty Images Daily Journal , which Charlie Munger had served as chairman until rece...

The Fed’s plan to rapidly slash its balance sheet is out. Here’s what happens to money in the system.

Minutes of the Federal Reserve’s March meeting released on Wednesday detailed plans for shrinking its nearly $9 trillion balance sheet to help cool U.S. inflation running at 40-year highs, but tricky ...

U.S. government bonds just suffered their worst quarter of the past half century: Here’s why some investors may not be fazed

U.S. government bonds just finished their worst quarter since at least 1973, yet some investors aren’t likely to be put off from buying Treasurys again given rising risks of a U.S. recession within th...

Bank Earnings Are Coming. One Stock Analysts Like—and Another They Say to Sell.

Text size Analysts say Bank of America is positioned to do well in the current economy. Stephen Chernin/Getty Images With bank earnings coming in a few weeks, Bank of America is looking like a winner ...

Berkshire Hathaway’s Stake in American Express Is Poised to Hit 20%

Text size Berkshire Hathaway CEO Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway ‘s longstanding stake in American Express is set to hit the 20% threshold in the coming...

Inflation, Interest-Rate Jitters, and Putin Are Brewing a Fierce Storm for the Stock Market

Text size A Ukrainian soldier in the Kharkiv region near the Russian border. Will Putin pull the trigger on an invasion? Sergey Bobok/AFP/Getty Images We were waist deep in the Big Muddy, and the big ...