Banking, finance, and taxes
2224 Articles
Citigroup (C) is in the market for another $10 billion. Merrill Lynch (MER) is looking for $3 billion to $4…
Short interest of stocks listed on the NYSE as of December 31 showed that retailers and financial companies had sharp…
According to Reuters, Capital One has warned that it will have lower than expected earnings. Reuters reports that Goldman Sachs…
Countrywide Financial (CFC) Chapter 11 rumors, Denial does not help. Drops to $5.05 from 52-week high of $45.26. MBIA (MBI)…
After a huge sell-off of Countrywide (CFC) shares that forced the company to deny it was in deep trouble, shares…
One Wall St.analyst thinks Citigroup (C) will have to make some extreme moves to keep the bank running. Speaking to…
Bloomberg is reporting that a Merrill Lynch analysts says that Citigroup (C) may have to take a $16 billion fourth…
CNBC is reporting that Citigroup (C) could cut 5% to 10% of its workforce as early as next week. Based…
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…
Our top personal finance-related articles today. Your wallet will thank you later.