Banking, finance, and taxes

All Banking, finance, and taxes Articles

Newest first · Page 192

The Return of the Bank Dividend (JPM, BAC, WFC, MS, FAS)

Money is short and times are hard, but the government is paid back and bank investors may find dividend checks in with their holiday cards. The Wall Street Journal broke news late in afternoon…

Jon C. Ogg · 16 years ago

Travelers Enters JV For Rapid Growth In Brazil (TRV)

The Travelers Companies, Inc. (NYSE:TRV) is the Dow Jones Industrial Average component which many investors manage to overlook or forget about it being a DJIA member.  The insurance giant has announced an expansion into…

Jon C. Ogg · 16 years ago

With Profit On AIG, US Should Buy More Troubled Banks

The Treasury Department says it will make a profit on the investment it made for taxpayers when it bailed out AIG. That leads to the question of whether the US government can make money…

Douglas A. McIntyre · 16 years ago

The Return of BankUnited Shares (BKU, BKUNA, BX)

BankUnited Inc. was one of the first public bank casualties in the financial meltdown.  Filings last week show that the turnaround acquisition is coming public again, and the filing was for up to $300…

Jon C. Ogg · 16 years ago

Bruce Berkowitz Buys More AIG, Downplay of CEO Illness (AIG)

American International Group, Inc. (NYSE: AIG) has recently disclosed that CEO Bob Benmosche has cancer, and last night the company announced a succession plan in case it is needed.  What is more important is…

Jon C. Ogg · 16 years ago

Wells Fargo To Amend 55,000 Mortgages

Wells Fargo (NYSE: WFC) will modify 55,000 mortgages, a tacit admission that it had done something wrong with the home loans in the first place. The big bank announced that: Out of an abundance…

Douglas A. McIntyre · 16 years ago

Update: In Defense of Bank of America (BAC)

Maybe the worst is over for Bank of America Corporation (NYSE: BAC).  Maybe.  The fears of mortgage put-backs and lawsuits over mortgage disclosures and the ongoing foreclosure halt has created what many feel may…

Jon C. Ogg · 16 years ago

In Defense of Bank of America (BAC)

Maybe the worst is over for Bank of America Corporation (NYSE: BAC).  Maybe.  The fears of mortgage put-backs and lawsuits over mortgage disclosures and the ongoing foreclosure halt has created what many feel may…

Jon C. Ogg · 16 years ago

The Case For an E*Trade Buyout Ahead (ETFC, AMTD, SCHW)

It has been a week since E*TRADE Financial Corporation (NASDAQ: ETFC) reported earnings.  We have also seen earnings this week from TD AMERITRADE Holding Corporation (NASDAQ: AMTD), and The Charles Schwab Corporation (NYSE: SCHW)…

Jon C. Ogg · 16 years ago

Cardinal Denies Buyout Rumors (CAH)

Cardinal Health, Inc. (NYSE: CAH) is breaking ranks by responding to market rumors that have had shares higher all day.   The company noted, “While it is our longstanding practice not to respond to market…

Jon C. Ogg · 16 years ago