Banking, finance, and taxes
2199 Articles
NY Attorney General Andrew Cuomo wants blood from the banks that marketed auction-rate securities but have not made settlements with…
Former Bear Stearns CEO Alan Schwartz is leaving JPMorgan Chase (JPM) following the $10-per share deal that ended Bear’s 85…
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but…
Wall St. cheered what seemed to be withering results from Washington Mutual (WM) and Wachovia (WB). WaMu lost $3.3 billion…
At the start of the year, many Wall St. analysts and much of the media give the impression that the…
This morning we are seeing futures rise on the news from DJIA components being solid on the earnings front. There…
The financial services sector has gone from horrible to somewhat stabilizing and back to horrible and then looking even worse. …
According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have…
According to Reuters, large Yahoo! (YHOO) shareholder Legg Mason said Carl Icahn’s bid would have more support if he guaranteed…
According to Reuters, Microsoft (MSFT) is willing to start buy-out talks with Yahoo! (YHOO) if the portal company will replace…
For the past two months, all the news from Cheniere Energy (AMEX:LNG) has been bad. First, there was the triple…
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson &…
Dick Fuld, CEO of Lehman (LEH), may lose his jobs soon. Someone has to step in if the brokerage’s stock…
Standard & Poor’s has come out with a report that is actually weighing down on the entire market even though…
UBS (UBS) had to raise money. The sins of its subprime addiction have come back to haunt it. US bank…
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