President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters) Apple (NASDAQ: AAPL) will hold its annual meeting with the company in…
If you think ratings agencies do not quite matter any longer, today may be a reminder that they can still create at least some nervousness even if they are just late to…
As one set of government suits against America’s largest banks is settled, another is about to begin. Media reports say that federal regulators and state attorneys general have set a $25 billion…
Greek ministers will go to Brussels to meet with EU officials about restructuring of debt, but several details have not been resolved. (Reuters) Groupon (NASDAQ: GRPN) posts earnings that trouble Wall St. and…
Goldman Sachs Group Inc. (NYSE: GS) has purchased $6.2 billion (face value) worth of American International Group Inc. (NYSE: AIG) subprime mortgage bonds from the New York Federal Reserve Bank. The bonds…
Caesars Entertainment Corporation (NASDAQ: CZR) is beyond weird when it comes to initial public offerings. This was one of our TOP 17 IPOS TO WATCH IN 2012. We also make no secret…
Five big banks have been invited by the Federal Reserve Bank of New York to bid on a stack of subprime paper with an unpaid prinicipal balance of $6 billion that was…
Glencore and Xtrata agree to a $90 billion merger. (Reuters) Greek leaders face a deal for settling sovereign debt matters as workers strike. (Reuters) Toyota (NYSE: TM) posts good third-quarter profits and…
Bank of America Corp. (NYSE: BAC) has apparently given up on its effort to sell its credit card business in the UK and Ireland, which is operated under the MBNA Europe name.…
Eugene Isenberg, the chairman and former CEO of Nabor Industries (NYSE: NBR), will drop his claim to a $100 million compensation package. The deal has been attacked by shareholder activists and the press The…
It is rare for one of America’s largest companies to lose a third or more of its sales in a brief time. When it happens, it is usually either because of market…
Over the last ten years, the US Securities and Exchange Commission (SEC) has offered nearly 350 waivers to the country’s biggest banks in cases when the banks might be punished for fraud,…
The social media hype around the Facebook IPO is driving many shares in the sector of online social media. Some of the Halo-effect may not even be deserved, and this has all…
Facebook, Inc. has now filed its paperwork with the SEC which will allow the social networking giant to conduct an initial public offering. It should be no real surprise that financial terms…
Everyone is awaiting an S-1 Filing from Facebook. It is the talk of the entire financial community and it is going to be one of the most anticipated IPOs ever rather than…
