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Citi Beats Earnings (C)
Citigroup just reported third quarter earnings results beating Wall Street analyst estimates. For the quarter, the bank reported adjusted EPS $1.15. On average, analysts expected the bank to report...
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Citi Is Bowing Out Of 11 Markets Around The World
Citigroup announced third quarter earnings on Tuesday morning, and along with a slight earnings beat the bank delivered the news that it would take "strategic actions" to leave markets where it's not...
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Morgan Stanley Smashes Expectations And Shares Are Surging (MS)
Morgan Stanley smashed earnings expectations for the third quarter.The bank reported adjusted earnings per share of 77 cents.Analysts had expected Morgan Stanley to report adjusted EPS of 54...
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Cruise Line Stocks Are Lagging
Shares of cruise ship operator Carnival Corporation fell nearly 2%, but recovered all of those losses following a report that a passenger onboard one of its ships is a Dallas health worker who may have...
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JPMorgan Is Planning To Build Massive New $6.5 Billion Headquarters In NYC
JPMorgan Chase plans to build two towers in Hudson Yards that will cost the bank $6.5 billion.The New York Times' Charles Bagli reports that in June the bank proposed to build a 62-story tower and a...
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Steve Cohen's Still Killing It
Hedge fund giant Steve Cohen is still killing it.The New York Times' Matthew Goldstein reports that Point72 Asset Management has generated about $1.8 billion this year and about $800 million this...
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MARK CUBAN: I'm Buying Netflix Stock
Billionaire investor Mark Cuban says he's buying Netflix stock. He also thinks that someone will try to buy them.I'm buying NFLX stock. At half of YHOO, 10B<Twitter and small pct of major media...
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39 Classic Books Every Modern Gentleman Needs To Read
The modern gentleman doesn't just know where to go and how to dress — he knows how to think.The only way to do that, to learn how to make sense of the world with your mind, is to consider a lot of...
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T. BOONE PICKENS: Here's Why I've Never Had Coffee
Billionaire energy tycoon T. Boone Pickens has never tasted coffee in his life. The 86-year-old told Business Insider it was because his grandmother told him not to drink it.She was actually the source...
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People Are Going Crazy Over Bob Diamond's Daughter's Stunning Wedding Photos
Former Barclays chief Bob Diamond's daughter got married this weekend in the south of France in a picture-perfect ceremony fit for a princess. Nell Diamond, a former Deutsche Bank analyst who now works...
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The Head Of The New York Fed Gave Wall Street A Chilling Ultimatum
The New York Federal Reserve has had it with Wall Street's behavior, and in a closed-door meeting with industry executives on Monday, it handed down an ultimatum.Change your behavior, or we'll have to...
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Mohamed El-Erian Is The Lead Investor In A Company Called Payoff
Mohamed El-Erian is getting into the peer-to-peer lending business. The former PIMCO CEO is the lead investor in the first $12 million equity raising for a new, Orange County-based peer-to-peer lending...
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You Can Find Wall Street's Biggest Titans On The Tennis Courts On Sunday...
On Sunday morning at 9:15, I met up with investment banker Jeffrey Appel in Manhattan's Upper East Side.It was my second week in a row accompanying Appel for the ritual of Sunday morning tennis on...
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10 Real Wall Street Stories That Should Be Movies
Wall Street is the kind of place where sometimes truth is better than fiction.Remember, Martin Scorcese's 2013 smash 'Wolf of Wall Street' was based on one former financier's memoir, proving sometimes...
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10 Crazy Things Only People On Wall Street Believe
To outsiders, Wall Street is a manic, dangerous and ridiculous republic unto itself – a sort of bizarro world where nothing adds up and common sense is virtually inapplicable.Consider the following...
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Inside The Tug Of War Between Wall Street Banks And An Emerging Force Of...
The financial crisis did curious things to Wall Street. Firms were gone overnight, once-powerful CEOs were never heard from again, and a whole new regime of power reorganized itself from the chaos.This...
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Wall Streeters Are Heading To This Safari Resort For Seriously Luxurious...
For two decades, Singita lodges have been a destination for the world's wealthy to experience an African safari in the lap of luxury.So naturally Wall Street has taken notice.With 12 different safari...
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JEFFERIES CEO: Here's My New Rule For Dealing With Volatile Markets
Jefferies CEO Richard Handler has a new rule for dealing with market volatility. "We are never as brilliant as we think we are when all is going swimmingly well, and we are never as dumb as we feel...
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We Checked Out The Celebrity Steakhouse That Took Over A Wall Street Hangout...
When the news that Rothmann's Steakhouse on East 54th Street was closing started spreading around Wall Street, there was no unanimous reaction — but a reaction, there definitely was.While some former...
View ArticleWatch 86-Year-Old T. Boone Pickens Do Pushups While Being Carried Through The...
Billionaire energy mogul T. Boone Pickens will put your push-up game to shame. The 86-year-old was the grand marshal at a number of events for Oklahoma State University's homecoming this past weekend....
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