Home » Archive for February, 2010
Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America (NYSE:BAC), Lower Political Spending in 2009
Contributions from the majority of large U.S. financial institutions were reduced significantly in 2009, as giving to political action committees dropped 41 percent from $3.4 million given in 2007, according to the Federal Election... More of this article »
Regulators Close Another 6 Banks to Bring Total to 15 Already Closed in 2010
In what is running close to most projections, another six banks were closed on Friday by regulators, making it 15 bank closures for the year, running at a pace close to the expected 200 projected to be closed in 2010. States having... More of this article »
Goldman Sachs (NYSE: GS) Raises Rating on Wal-Mart (NYSE: WMT)
Analysts at Goldman Sachs (NYSE: GS) increased their rating on Wal-Mart Stores Inc (NYSE: WMT) on Friday to a buy rating from a neutral rating and increased their 12-month price target on the company’s stock to $60 from $58. Goldman... More of this article »
Bank of America (NYSE:BAC), J.P. Morgan (NYSE:JPM) and Wells Fargo (NYSE:WFC) Hit Hard by Forced Repurchases of Loans Guaranteed by Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE:FRE)
In a move made to look like they’re looking out for taxpayers, Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE:FRE) have finally started doing the job they should have been doing in the first place: checking out the mortgages from... More of this article »
Citigroup (NYSE: C) Aims To Sell Private Equity Unit, Continue Debt Reduction
In an effort to continue cutting debt, Citigroup Inc (NYSE: C) is aiming to sell of spin-off its Citi Private Equity unit, which manages about $10 billion in funds. Word of the move came from people familiar with the situation, according... More of this article »