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CEO Pay: JPMorgan's Dimon Earned His Big Money

The average person may find it hard to imagine what big company CEOs do to justify their massive pay packages. Shareholders often ask a similar question: Why pay executives so much when the returns they produce are often so modest? But that's a question that doesn't apply to JPMorgan Chase CEO Jamie Dimon.

Citigroup: The Most-Shorted Stock in America

Citigroup is the most-shorted stock on any major U.S. exchange. Its position at the top of the pack is due to the bank's stock price and ongoing concern about its balance sheets and mortgage foreclosure practices.

The Dow Jumps as Oil Dips and Banks Rally

After a rough opening session on Monday, stocks rallied 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 buybacks.

Stocks Plunge and Oil Spikes
on Libya Turmoil

The Dow suffered a steep triple-digit loss Tuesday as turmoil in Libya ignited a global sell-off in stocks. Oil prices rose sharply, as did safe-haven assets such as Treasurys and the dollar. Disappointing news from Walmart didn't help matters.

Coke Takes the Fizz out of Berkshire Hathaway

Warren Buffett's Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha's huge stake in Coca-Cola has caused his portfolio to lose its fizz so far in 2011.

The Dow Has Its Best Close Since June 2008

Wall Street shrugged off instability in Egypt to rally to a two-and-a-half year high Tuesday, boosted by encouraging economic data and better-than-expected corporate earnings.

The Dow Snaps Its
Two-Day Losing Streak

Stocks closed mixed Friday as better-than-expected earnings from General Electric helped the Dow and S&P 500 snap two-day losing streaks, but the Nasdaq closed lower after disappointing results from Advanced Micro Devices.

Another Week of Robust Corporate Earnings?

Apple, Bank of America, Morgan Stanley, IBM, GE, Goldman Sachs and Google are just a sampling of names releasing results this week. And if last week's numbers are any guide, the market should have plenty of reasons to rally -- especially because expectations aren't all that great.

Bank Stocks Lead Market to a Seventh Winning Week

Stocks wrapped up the week on a positive note despite economic reports that fell short of expectations. But Cort Gwon of FBN Securities says there was lots to cheer about as fears over the debt crisis lessened in Europe and U.S. companies announced stellar earnings.

U.S. Stocks Get a Lift From Portugal and the Dollar

Stocks closed broadly higher Wednesday after Portugal's government had no trouble in tapping global debt markets, helping ease European debt fears. The euro gained at the dollar's expense, which lifted a broad basket of commodities as well as U.S. equities.

Bank Stocks and Jobs Data Weigh on Market

This week was all about jobs reports and after December's employment numbers fell short of expectations, stocks ended the first week of trading in 2011 on a down note. Kenny Polcari, managing director at ICAP Corporates explains from the New York Stock Exchange.

Stocks Rally to Ring in the First Session of 2011

Wall Street started the new year with a robust rally, helped by encouraging corporate and economic news that pushed the broad market to a 28-month high. The S&P 500 has now reclaimed nearly 90% of its losses from the bear-market bottom of March 2009.

Stocks Climb Back to Their Pre-Lehman Disaster Level

Stocks closed broadly higher Tuesday, helped by more deal activity in the financial sector and upbeat earnings from the tech sector. After more than two years, the market has regained all its losses following the implosion of Lehman Brothers in September 2008.

BlackRock Shares Slide on News of Secondary Offering

BlackRock's stock price fell sharply on Wednesday morning after the global investment management firm confirmed that Bank of America and PNC Financial Services would sell 42 million of its shares in a secondary offering.

Morgan Stanley Earnings Come Up Short

Morgan Stanley posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a market that's been low on volume for months. On an adjusted basis, the world's biggest brokerage missed Wall Street's forecast.

Morgan Stanley Earnings Preview: Profits Will Fall

Morgan Stanley is expected to report sharp declines in third-quarter earnings and revenue ahead of Wednesday's opening bell, hurt by months of weak trading activity. The financial giant is forecast to post earnings of 15 cents a share, less than half the 38 cents a share booked a year ago.

Goldman Sachs Earnings Tumble but Top Estimates

Goldman Sachs reported sharp declines in third-quarter earnings and revenue, hurt by slower trading activity over the summer. But its profits still easily exceeded analysts' average forecast. Investment banking was particularly strong in the period.

Stocks Close Mixed on Earnings and Economy

Stocks closed mixed Friday as Google's strong quarterly earnings lifted technology stocks but mounting concern over the foreclosure crisis and a revenue miss from General Electric weighed on financials and the broader market.

JPMorgan Earnings Beat Estimates on Lower Loss Provisions

The nation's second-largest bank by assets said third-quarter income rose 23% to $4.4 billion, or $1.01 a share. While investment and retail banking revenue slipped, JPMorgan was able to set aside less money to cover bad loans, which accounted for the better-than-expected earnings in the quarter.

Oracle's Larry Ellison Takes the CEO Cake

Larry Ellison (pictured) of Oracle (ORCL) tops the Wall Street Journal's new list of the twenty-five highest-paid CEOs of the last decade. Ellison's total compensation over the last ten years, including salary, bonus, stock and stock option grants, was $1.84 billion.

Morgan Stanley Earnings Preview: A Return to Profits

Morgan Stanley is expected to swing back to profitability in the second quarter when it releases results ahead of Wednesday's opening bell, but like other Wall Street giants, its revenues from trading likely swooned along with the market in spring and early summer.

Dow Dives 261 Points on Bank Earnings, Sentiment

Stocks fell sharply Friday after earnings from the nation's biggest banks disappointed investors and the latest reading on consumer sentiment plunged on job fears. The financial sector sold off more than 4%.

JPMorgan Earnings:
A Doubling of Profits?

JPMorgan Chase earnings come out early Thursday, and the nation's second-biggest bank should show strong results from investment banking and lower loan losses. The consensus is for 70 cents per share in earnings, up from 28 cents in the prior-year period.