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U.S. regulators on Thursday released some details about their bank stress tests, moving to bolster the credibility of a process some investors worry might not reveal the financial sector's true health.

Stock futures pointed to a lower open on Thursday after the bankruptcy of General Growth Properties offset better-than-expected quarterly earnings from JPMorgan Chase & Co .

U.S. stock futures pointed to a lower open on Thursday after the bankruptcy of General Growth Properties offset better-than-expected quarterly earnings from JPMorgan Chase & Co .

Six large U.S. banks could pocket nearly $10 billion in federal subsidies if they modify troubled home loans and are able to save homeowners from foreclosure, the Treasury Department said on Wednesday.

Citigroup Inc shares surged to a three-month high on Tuesday on expectations of strong quarterly results, one day after Goldman Sachs Group Inc posted surprisingly strong earnings.

On Monday Goldman Sachs showed yet another sign proving the recovery of banks after it beat Wall Street expectations with its $1.66 billion profit for the first quarter of 2009.

On Monday Citigroup Inc's and Bank of America Corp's shares saw a very positive rise and both banks expect to report first quarter profits in the same line as what was forecast last week by Wells Fargo & Co.

Citigroup Inc's and Bank of America Corp's shares rose Monday on hopes that the two banks will post the same sort of first-quarter profits that Wells Fargo & Co forecast late last week.

Citigroup Inc's and Bank of America Corp's shares rose Monday on hopes that the two banks will post the same sort of first-quarter profits that Wells Fargo & Co forecast late last week.

Shares of Wells Fargo & Co, which rose by about a third last week, could head even higher as the bank's acquisition of Wachovia begins to pan out, Barron's said in its April 13 edition.

U.S. bank Wells Fargo forecast a record profit, South Korea steered clear of recession, and Chinese export data beat expectations, all offering hope that the worst of the financial crisis had passed.

The U.S. Treasury Department is asking banks not to mention the regulatory stress tests as part of their first-quarter earnings results, according to a source familiar with government discussions.

The U.S. Treasury Department is asking banks not to mention the regulatory stress tests as part of their first-quarter earnings results, according to a source familiar with government discussions.

Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.

Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.

Wells Fargo & Co said it expects to post a record $3 billion first-quarter profit, causing its shares to soar 31.7 percent and providing a welcome jolt to the stock market and a still-troubled banking sector.

U.S. stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, fueling a month-long rally prompted by hopes that deterioration in the financial sector was abating.

A day after Warren Buffett's Berkshire Hathaway Inc lost its triple-A credit rating, its shares rose to the highest since mid-January after Wells Fargo & Co , one of its largest investments, projected a surprise $3 billion first-quarter profit.

Stocks jumped on Thursday after Wells Fargo said it expects to report a record quarterly profit, providing a ray of hope for the struggling financial sector and adding fuel to the month-long rally.

Led by traditional banking activities, Wells Fargo & Co. said Thursday that its business in the first quarter was strong, adding that the purchase of Wachovia had exceeded expectations.

Stocks rallied on Thursday as Wells Fargo gave preliminary first-quarter results that were stronger than expected, providing a ray of hope in the struggling financial sector.

Stocks jumped on Thursday as Wells Fargo gave preliminary first-quarter results that were stronger than expected, providing relief to the troubled financial sector.

Wells Fargo & Co said it expects to post a $3 billion first-quarter profit, sending its shares soaring, lifting a wide range of stocks, and providing a welcome jolt to the troubled banking sector.

Wells Fargo & Co said on Thursday it expects to report net income of about $3 billion for the first quarter.

Stocks opened sharply higher on Thursday, sending the S&P 500 up more than 2 percent, as surprisingly upbeat preliminary quarterly results from Wells Fargo fueled hopes that stabilization may be returning in the banking sector.

Wells Fargo said the asset management unit Evergreen Investments which it inherited when it bought Wachovia Corp was not for sale, even as it scales back Wachovia's investment banking operation, the NY Post reported citing sources.

Stock index futures pointed to a higher open on Thursday after Wells Fargo gave preliminary first-quarter results that were stronger than expected.

Wells Fargo said the asset management unit Evergreen Investments which it inherited when it bought Wachovia Corp was not for sale, even as it scales back Wachovia's investment banking operation, the NY Post reported citing sources.

Wells Fargo said the asset management unit Evergreen Investments which it inherited when it bought Wachovia Corp was not for sale, even as it scales back Wachovia's investment banking operation, the NY Post reported citing sources.