Richard Bove news from FierceFinance

As the fourth quarter closes, the stock analysts will be jockeying a bit with their estimates, as they often do. In the case of big banks, the closing of a quarter is often accompanied by a rush by Read more...

We noted recently that Wal-Mart has turned the on-going sluggish economy and populist anger over banks to its advantage, as more people seem to be discovering its financial services offerings. Read more...

The bank stress tests are getting more onerous. This time around, the Fed will test 31 institutions, up from 19 the last time. In addition, the top six banks will be singled out for additional Read more...

Banks have been pretty clear that they want to return capital to shareholders this year, though that has obviously done little for their share prices. At some point, dividends will be raised Read more...

During the 2008 financial crisis, Morgan Stanley skirted close to the edge, as hedge funds deserted its prime brokerage operations en masse over a period of two weeks. As the European debt crisis Read more...

The lore of Warren Buffett is built around the idea that the sage of Omaha is a fairly average guy who relies on common sense to invest the old-fashioned way. But the ubiquitous bank analyst Richard Read more...

Bank of America has led the market as of late in terms of trading volume. Certainly, high-frequency traders are having a field day, as the stock looms as their next stock darling. But short-sellers Read more...

That old market bugaboo has returned in force the last month or so, wreaking havoc with bank stocks. Correlation was an unfortunate reality during the financial crisis. No matter how strong your Read more...

Banks are bent on putting the financial crisis behind them, and that means settling with regulators at all levels, SROs, federal and state governments and private litigants. We're seeing a bevy of Read more...

Richard Bove made headlines yet again when he issued a report to clients recently that cast great doubt on the idea that Goldman Sachs net short the mortgage market at the peak of the financial Read more...