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Europe woes won

Reuters HONG KONG(MarketWatch)

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After Earnings – Is Citi a Buy?

We shouldn’t make too much of quarterly earnings, but it’s a good time to check the latest developments and relook at our investing theses. As of today, three of the four largest retail banks have reported fourth-quarter earnings. JPMorgan (NYSE: JPM  ) and Citigroup (NYSE: C  ) were on the disappointing side, but Wells Fargo (NYSE: WFC  ) [...]

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Debt fears continue to beat down financial stocks

Despite being given every advantage to repair the disastrous damage of the housing market crisis and financial crash of 2008, big banks and financial stocks are struggling to gain any positive momentum in 2011. The sector is one of the worst performing groups of stocks in 2011, compared with other areas of the market that [...]