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According to Reuters, Bank of America (BAC) and Merrill Lynch did agree on a bonus package for employees before the…
The federal government has put $150 billion into rescuing AIG (AIG), which was once the most profitable insurance company in…
Bank of America (BAC) is forcing a number of employees in its investment banking operation to defer their bonuses to…
The shares in Wells Fargo (WFC) are up 22% to $19.76. The bank’s modest results are not the cause. There…
Creating a "bad bank" is on the wish list of an extraordinarily large number of regulators and members of Congress.…
According to Reuters, the confidence of CEOs at Davos is low as the recession and credit crisis deepen. Reuters reports…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a…
Companies keep cutting dividends. Some are pressed for cash because of operating losses. Others are being constrained by higher debt…
According to Reuters, American Express (AXP) earnings dropped 72% but still beat expectations. Reuters writes that Geithner was confirmed to…
These are some of the top pre-market analyst downgrades and negative calls from Wall Street we have seen early this…
David Paterson, the governor of New York State, will be attending the World Economic Forum in Davos this week, along…
According to Reuters, The National Association of Business Economics survey found that members believe that the economy has it its…
According to Reuters, Samsung had its first ever quarterly loss. Reuters reports that Pfizer (PFE) is in takeover talks with…
Maybe it was the $21 billion of losses Merrill Lynch had in Q4. Or, perhaps it was the bonuses Merrill…
By many measures, the economy in the UK may be worse off than the US, at least up until now.…
Our top personal finance-related articles today. Your wallet will thank you later.