Banking, finance, and taxes
239 Articles
Fannie Mae (FNM) and Freddie Mac (FRE) opened well up today. FRE hit a high of $9.80 up from a…
These are some of the preliminary downgrades or negative research calls seen out of Wall Street analysts this Monday morning…
The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed…
Fannie Mae (FNM) Full-blow panic that it will fail. Down to $6.68 from 52-week high of $70.57. Freddie Mac (FRE)…
The short interest in most financial and industrial companies rose sharply for the period ending June 30. Shares sold short…
According to Reuters, the government is considering taking over Freddie Mac (FRE) and Fannie Mae (FNM). Reuters writes that Google…
According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have…
Wachovia (WB) named a former Treasury official as its CEO. Robert Steel most recently served as undersecretary for domestic finance…
Freddie Mac (FRE) sells down 25% to $9.88 on concerns raising capital will wipe out shareholders. The company’s 52-week high…
These are not all of the upgrades we have seen so far this morning, but here are ten of the…
Europe’s banks need to head back out on the fund-raising circuit. They may have to bring in as much as…
Lehman (LEH) falls on rumors of sale to Barclays (BCS). Down to $19.64 from 52-week high of $76.99. Ambac (ABK)…
According to Reuters, the Fed is seen as holding rates on fears of inflation. Reuters writes that the CEO of…
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson &…
Late news from the bank and airline industries found analysts in surly moods. Goldman Sachs issued a report saying US…
Our top personal finance-related articles today. Your wallet will thank you later.