Banking, finance, and taxes
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Oppenheimer now puts out a negative report on banks stocks every other day, like clock work. Today’s reports says that…
In a call overseas earlier this morning, Lehman Brothers decided to cut its target prices on some select European investment…
Banks are supposed to be one another’s friends. The all have the same problems now. They are all lobbying for…
What is for sale on Wall St.? It depends on who one wants to believe. Some rumors are false and…
As each day passes, a larger and larger portion of the analyst community turns on banks and brokerages like a…
Banks will post much better earnings as the year goes on. Most of their write-offs are behind them. What else…
The Blackstone Group L.P. (NYSE: BX) has reported earnings this morning, and it’s really hard to find anything pretty in…
Barclays (BCS) said it would take a write-down of about $2 billion in impaired assets, some of them related to…
Verso Paper Corp. has just slashed its IPO terms in an amended IPO filing this morning. The company’s prior range…
Annaly Capital Management, Inc. (NYSE: NLY) has priced its public secondary stock offering of 60 million shares of common stock…
Anyone who does not think that insurance regulators have done what they can to keep credit ratings high at Ambac…
Apollo Investment Corporation (NASDAQ: AINV) has priced its proposed secondary stock offering this morning. The company sold 22,327,500 shares at…
Hank Greenberg built AIG (AIG) from a nothing insurance company to one of the largest financial services firms in the…
Credit Agricole may have to raise over $9 billion to rebuild its capital after substantial mortgage-related losses in the last…
It may be that Citigroup (C) will never be fixed. According to Oppenheimer & Co analyst Meredith Whitney the bank…
Our top personal finance-related articles today. Your wallet will thank you later.