Banking, finance, and taxes
4937 Articles
The Fed will step into the market next year and buy mortgage-backed securities with a vengeance. It has finally dawned…
GMAC finally got its designation as a commercial bank. That allowed the firm to get $6 billion in federal money,…
At some point all stocks get too cheap. Enron go too cheap. So did Fannie Mae (FNM) and Freddie Mac…
There has been a great deal of debate about whether a car company lending arm should qualify for federal bailout…
It is no secret at all that the bond funds, particularly closed-end funds, have had a hard time in the…
Chimera Investment Corporation (NYSE: CIM) is back at the trough to raise more cash. The vulture mortgage investment REIT has…
Last October, Bank of America (BAC) cuts its dividend in half to $.32. Citigroup (C) has taken its down to…
Cerberus, the private equity firm which has taken large positions in Chrysler and GMAC, is stopping year-end withdrawals from one…
American Express (AXP) is still paying its $.18 dividend. The company will fire about 7,000 people and chop other costs…
Last summer, Suzlon Energy Limited had a nasty problem with its wind turbine blades. Blades shipped to the US started…
The profitable businesses of granting mortgages and investing in related derivatives is gone now. So are the large, profitable loans…
J.P. Morgan, the investment banking arm of JPMorgan Chase & Company (NYSE:JPM), plans to acquire the Canadian energy operations and…
Energy Transfer Partners L.P. (NYSE:ETP) has priced an offering of $600 million in 9.7% senior notes due 2019, and the…
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) is making it easier for the army of relatively new penny stocks to maintain…
M&T Bank Corporation (NYSE: MTB) has agreed to acquire Provident Bankshares Corporation (NASDAQ: PBKS) for roughly $401 million in stock.
Our top personal finance-related articles today. Your wallet will thank you later.