Banking, finance, and taxes
223 Articles
Fannie Mae (FNM) and Freddie Mac (FRE) opened well up today. FRE hit a high of $9.80 up from a…
The federal government has decided that Fannie Mae (FNM) and Freddie Mac (FRE) are too big to fail. The Fed…
The short interest in most financial and industrial companies rose sharply for the period ending June 30. Shares sold short…
Smithfield Foods (SFD) S&P downgrades due to credit problems. Falls to $19.75 from 52-week high of $24.69. American Eagle Outfitters…
Citigroup’s (C) CFO says he see write-downs through the end of the year. The head of hedge fund Paulson &…
According to Reuters, the fuel price increase in China may bolster consumption. Reuters writes that the Fed’s policy on inflation…
According to Reuters, Lehman (LEH) may have to merge due to its financial problems. Reuters writes that Apple (AAPL) introduced…
Washington Mutual (WM) Concerns about the financial crisis burn like wildfire. Drops sharply to $6.14 from 52-week high of $44.19.…
Washington Mutual (WM) More banking concerns. Hammered to $7.12 from 52-week high of $44.19. Bank of America (BAC) Death to…
Short sellers sharply increased their bets against big US banks based on data from the NYSE as of May 30.…
Short sellers are making significant bets that most financial stocks traded on the NYSE will fall sharply. Data is as…
Not all financial shares are created equal, at least no according to short bets made on NYSE companies for the…
The promise from Wall St. firms was implied, not spoken. The heads of operations like Morgan Stanley (MS) and Merrill…
NCC (NCC) was one of those banks that decided the mortgage business was simply an outstanding way to make money.…
According to Reuters, US senator Charles Schumer has asked the SEC to look at conflicts of interest at bond rating…
Our top personal finance-related articles today. Your wallet will thank you later.