Banking, finance, and taxes
2220 Articles
There has been some misplaced optimism that financial stocks bottomed earlier this month based on the notion that much of…
According to Reuters, Bank of America (BAC) will pay the president of Countrywide (CFC) $28 million to stay and run…
A day after taking down its earnings forecasts for Citigroup (C), JP Morgan (JPM), and Wachovia (WB), Oppenheimer has cut…
According to Reuters, Oppenheimer cut is earnings forecasts for Merrill Lynch (MER) and UBS (UBS) a day after cutting Citigroup…
Oppenheimer’s Meredith Whitney is currently the most followed bank and financial firm analysts on Wall Street. We don’t normally like…
Goldman Sachs says that write-downs for subprime mortgage paper, LBOs, credit cards,and other bad paper could hit banks and brokerages…
There is growing concern about where the Fed will get the hundreds of billions of dollars it will need to…
According to The New York Times, JP Morgan (JPM) is in talks to raise it bid for Bear Stearns (BSC)…
"The current financial crisis is the most serious since the second world war, and perhaps since the Great Depression."–The London…
The short interest in most large stocks traded on the NYSE increased as measured on March 14. The figures compare…
Tonight we are going to get the highly awaited VISA, Inc. initial public offering. This one has been on the…
With Citigroup’s (NYSE: C) shares off from $55.55 to under $19 and concerns that it cannot weather another round of…
Citigroup (NYSE:C) will probably looking be looking for merger partners now that its stock is down to under $19 from…
The story is the same every decade or so. Bad economic times cause well-known businesses to fail. They are bought…
Bear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall…
Our top personal finance-related articles today. Your wallet will thank you later.