Banking, finance, and taxes
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Barclays (BCS) turned down cash from the UK government. Unlike most large US banks, it did not want to trade…
According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan…
The large money center banks never planned to take the money they are getting from the government to make loans.…
Citigroup (C) is not going to make it, at least not an an independent company. The FT has reported that…
For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame…
This is obviously one of our ugliest mornings in years with futures trading limit down. What is interesting is that…
Goldman Sachs repeated its opinion that Citigroup (C) is a "sell" and probably would not make a cent until late…
Analysts often as about "earnings quality". How accurate are quarterly numbers? Are they being "managed" to make a company’s fortunes…
Google’s (GOOG) earnings are ancient news now. The search company did much better than expected. The economy did not bring…
Henry Paulson seems like a very large and old Eagle Scout. He would never mislead, at least not on purpose.…
A lot of people on Wall St. were worried about the future of Merrill Lynch (MER) and were glad when…
These are some of the top analyst upgrades we are seeing in early hours of pre-market trading this Tuesday morning:…
Analysts assume third quarter earnings for the companies in the S&P 500 will be bad. But, looking at the number…
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26…
A few days ago, it would have been nearly impossible to believe that the deals for Bank of America (BAC)…
Our top personal finance-related articles today. Your wallet will thank you later.