Banking, finance, and taxes
961 Articles
AIG (AIG) plans to sell its auto insurance unit, annuity operations, and aircraft leasing division. It sounds a lot like…
Covering financial stocks this morning looks a bit like an assassination happening live on television. Futures are being pulled sharply…
According to Reuters, Lehman (LEH) will seek Chapter 11 protection. Reuters reports that Bank of America (BAC) will buy Merrill…
We few, we happy few, we band of brothers; For he to-day that sheds his blood with me…
Several media reports say that large financial firms are trying to reduce their risk to deals that they have with…
Lehman (LEH) may or may not open for trading on Monday morning. A number of experts believe that the broker’s…
According to Reuters, oil fell another $1 to $109. Reuters writes that Coca-Cola (KO) will pay $2.5 billion for Chinese…
Lehman (LEH) will lay off about 6% of its work force according to The New York Times. That is about…
The AP announced its list of the top 10 paid CEOs for 2007. The figures were based on "AP’s compensation…
Citigroup (C) cut is earnings estimates for Goldman Sachs (GS), Morgan Stanley (MS), and Lehman (LEH). Today, Bank of America…
It looks like we are about to get a new frontier markets investment vehicle for investors to invest in "emerging-emerging…
The rule on Wall St. is that securities analysts don’t rate their own firms. Now that brokerage research departments are…
It is not hard to blame Goldman Sachs (GS) for failing to cut its own earnings estimates for the next…
Several of the modest-sized investment houses say they should not have to buy back auction-rate securities which they sold to…
In the current age of financial pessimism, Morgan Stanley (MS) does not want to be bested. In a show of…
Our top personal finance-related articles today. Your wallet will thank you later.