Dow Jumps 124 Points as Oil Dips and Bank Stocks Rally

After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…

Week in Preview: Banks Step Into the Earnings Spotlight

Fourth-quarter 2010 earnings season ramps up this week. Analysts expect strong results from some big corporate names. And on the heels of last week’s big earnings beat from JPMorgan Chase, the financial sector will have plenty …

For Big Banks, Dividends Set to Make a Comeback

As big banks start reporting earnings, JPMorgan CEO Jamie Dimon is the latest exec to talk about dividends. Overall, Wall Street is expecting the big banks to post strong results, including improved credit quality and increased…

Expect More Banking Sector Takeovers in 2011

Two recent acquisitions by Canadian banks likely foretell that M&A activity among U.S. banks will only accelerate next year. Smaller banks that survived the financial crisis, but have few growth opportunities, are now attractiv…