Bank of America is raising capital through new deals, but its mortgage nightmares won't go away.
If you're looking for a contrarian bet, these shares might become too cheap to resist.
| Tags: | housingTheStreetcom |
Economist Nouriel Roubini says 5 factors helped turn the nation's economic surplus into a deficit during Bush's presidency.
Apple profit jumps 121%; shares briefly top $400. Stocks soar as a Senate budget plan wins cheers from Wall St. IBM's earnings start the rally. Goldman Sachs disappoints. Zillow goes public.
The company is trying to sell a huge estate it foreclosed on. But the business magnate's cagey moves present a problem.
| Tags: | housingKim Peterson |
Stocks rally for a second day on growing confidence Greece will enact new austerity measures. Nike's results push shares higher. Home prices in April were off 4% from a year ago -- but up from March.
Earnings season is coming, and underlying positives bode well for stocks.
Rising material costs, weak existing-home prices and a glut of distressed properties on the market are crushing builder confidence.
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