Banking, finance, and taxes
2221 Articles
Shareholders at Citigroup (C) have been begging new management to auction off as much of the bank as the new…
The short interest in most financial and industrial companies rose sharply for the period ending June 30. Shares sold short…
Fannie Mae (FNM) hit by rumors that it and Freddie Mac may have to raise $75 billion. Drops to $14.65…
According to Reuters, NBC Universal and partners will by The Weather Channel for $3.5 billion. Reuters writes that Toyota (TM)…
Citigroup (C) may be facing another $8 billion in write-downs in the second quarter. It may also cut 18,000 people…
Europe’s banks need to head back out on the fund-raising circuit. They may have to bring in as much as…
Lehman (LEH) falls on rumors of sale to Barclays (BCS). Down to $19.64 from 52-week high of $76.99. Ambac (ABK)…
Citigroup (C) has decided to change its bonus structure so that senior management will be paid on the results of…
According to Reuters, Rhapsody, a music service owned by Real Networks (RNWK) and Viacom (VIA) will make a push against…
Oshkosh (OSK) Comes out with extremely week outlook. Sells down to $22.20 from 52-week high of $65.83. GM (GM) Big…
Today’s selling does not look orderly like it has on many other down days this year. The drop is across…
These are some of the calls in the financial sector that are impacting shares at major financial companies this Thursday…
Goldman Sachs researchers have decided that Citigroup (C) could lose another $9 billion in the second quarter. The big money…
According to Reuters, Anheuser-Busch (BUD) will reject a $46.3 billion buy-out from InBev. Reuters writes that Oracle (ORCL) posted strong…
The last round of earnings for Wall St. firms showed that the financial industry was in bad shape and getting…
Our top personal finance-related articles today. Your wallet will thank you later.