Are big mergers really worth it? After this week’s merger implosion news by Hewlett-Packard Co. (NYSE: HPQ), 24/7 Wall St. wanted to review and analyze many of the really bad mergers of…
thinkstockNew York State will sue Credit Suisse Group (NYSE: CS) over false statements about mortgage-backed securities. (Reuters) France loses its Moody’s Aaa rating. (Reuters) The ITC will go over a judge’s decision…
ThinkstockIn an announcement that was telegraphed last week, the U.S. Securities and Exchange Commission (SEC) said today that JPMorgan Chase & Co. (NYSE: JPM) subsidiary J.P. Morgan Securities will pay $297 million…
Paul Ausick flickr / eschipulThere is a nearly endless number of criteria that measure how well CEOs perform, whether they are paid fairly, and what metrics should be used for determining chief executive compensation.…
courtesy of AOLAs a Justice Department investigation of Deepwater Horizon continues, BP PLC (NYSE: BP) may pay a record fine for the results of the disaster. (Reuters) Qatar says it would back…
For all practical purposes, credit card delinquencies have been improving and improving for close to the last three years. That is perhaps coming to an end. It was in October that Fitch…
thinkstockToday is potentially a make or break day when it comes to a corporate voice on how to avert SOME of the issues with the coming fiscal cliff. Leaders of labor got…
thinkstockAdvanced Micro Devices Inc. (NYSE: AMD) has hired J.P. Morgan Chase & Co. (NYSE: JPM) to explore options, which may include the firm’s sale. (Reuters) Federal Reserve Vice Chair Janet Yellen says…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: No individuals will be charged in the mortgage fraud investigation of J.P. Morgan Chase & Co. (NYSE: JPM). (WSJ) Several firms, including…
Courtesy of The Washington Post CompanyGroupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters) Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and…
The U.S. Federal Reserve Bank and other U.S. bank regulators said this morning that new regulations related to capital reserve requirements for the country’s banks will be delayed beyond the current January…
ThinkstockThe bank sector suddenly finds itself in a state of flux, and as Yogi Berra might say, “It’s like deja vu all over again.” On the trading day after the presidential election, banks were…
ThinkstockUpdated throughout the day on the 24/7 Wall St. Wire: BHP Billiton Ltd. (NYSE: BHP) has started to look for a CEO. (Reuters) Sony Corp. (NYSE: SNE) will sell the PlayStation in…
ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was…
thinkstockAmazon.com Inc. (NASDAQ: AMZN) will be able to sell cheaper e-books. (Reuters) Amazon is likely to win its showdown of e-books in Europe with Apple Inc. (NASDAQ: AAPL) as the loser. (Reuters)…
