Charting Stocks

22 national and regional banks were downgraded today by the S&P’s credit rating service. Among some of the larger names were  Wells Fargo & Co. (WFC), U.S. Bancorp (USB), PNC Financial (PNC), BB&T Corp (BBT) and KeyCorp (KEY).
The ratings of several smaller regional banks were cut to “Junk” status by the S&P. [...]

Capital One Financial Corp. has increased the interest rate it charges card holders by 14% regardless of  credit worthiness. The bank was the recipient of $3.56 billion in US taxpayer money which was given as an incentive to lend to the public. Capital One has since announced the acquisition of a major bank and the [...]