Banking, finance, and taxes
955 Articles
After a huge sell-off of Countrywide (CFC) shares that forced the company to deny it was in deep trouble, shares…
Saudi Arabia is sick of the big sovereign funds in China and Abu Dhabi kicking sand in its face. The…
Whether or not the markets comply going into year-end is a completely different issue. But these brokerage stocks look like…
The press has focused on mortgage-based CDOs and the huge write-offs that investment banks and commercial lending companies have had…
Below is a summary of many of the top headlines and news bits from individual stocks affecting share prices in…
Morgan Stanley (MS) posted a fourth-quarter loss after recording bigger-than-expected write-downs on assets hit by the credit crunch, and said…
Today, energy industry sage T. Boone Pickens was opening his new facilities for LNG conversion to fuel in California for…
24/7 Wall St. has evaluated over 200 CEOs in order to select it CEO of the Year. Six finalists were…
According to the FT, the board at Citigroup (C) tried to get Josef Ackermann, the head man at DeutscheBank (DB)…
It is never good news when a home-builder sells a big portion of its real estate. Lennar (LEN) sold 11,000…
Looking around the wreckage of some of the big cap companies it is not hard to find a few CEOs…
According to Reuters, Fed chief Bernanke said the resurgence in financial strains in recent weeks had dimmed the outlook for…
Just think about it. Stocks with multi-billion market caps down 40% this year. Merrill (MER) and Bear Stearns (BSC) are…
According to Reuters, Morgan Stanley (MS) has suffered a $3.7 billion loss from its mortgage portfolio, Reuters writes that shares…
Morgan Stanley sees $6 billion in potential losses from subprime. The company said it held $12.3 billion in Q3 U.S.…
Our top personal finance-related articles today. Your wallet will thank you later.