Banking, finance, and taxes
2216 Articles
KBW analyst Diane Merdian now estimates Citigroup (C) will take $15.3 billion in writedowns in the fourth quarter tied to…
Shares in Citigroup (C) are off by over 1% today despite a positive report from research firm Punk, Ziegel. The…
2007 was one volatile year and for now it appears that will be the norm for at least the start…
Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close. But…
The market was full of talk yesterday about Goldman Sachs predictions that Citigroup (C) might have to write-off another $18.7…
According to Reuters, Merrill Lynch (MER) plans to lay-off 1,600 people. Reuters writes that US durable goods numbers were worse…
Analysts at Goldman Sachs think Citigroup (C) will have to cut its dividend 40%. Their expectation is that the big…
According to Reuters, housing prices had a record annual drop. Reuters writes that Sallie Mae (SLM) will raise $2.5 billion…
The Dogs of the Dow aren’t necessarily the worst performers of the prior year, but they pay the highest the…
Berkshire Hathaway (BRKA) has over $43 billion in cash on its balance sheet. It could buy most US public companies…
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail…
The mortgage-backed financial instruments that have gone such a long way to hurt brokerages like Merrill Lynch (MER) and banks…
For the December 14 period, short interest in financial stocks sky-rocketed compared to figures on November 30. Shares sold short…
Saudi Arabia is sick of the big sovereign funds in China and Abu Dhabi kicking sand in its face. The…
The SIV "Super Fund" created by the Treasury Department, Citigroup (C), Bank of America (BAC), and JP Morgan (JPM) is…
Our top personal finance-related articles today. Your wallet will thank you later.