News tagged with “wachovia”. Found:
89 tagged news reports.
Your Search Returned 89 tagged news reports
JPMorgan, Wells Fargo top profit forecasts
New York City :: NY :: USA | about 1 year ago
Credibility
Though quarterly profit fell 84 per cent at JPMorgan and 25 per cent at Wells Fargo, investors were heartened tighter credit and a souring economy didn't hurt more. Both banks added deposits as nervous customers fled weaker rivals. Quarterly profit at...
Tags: citigroup, share, crisis, market, stock, Wells Fargo, UnitedHealth Group Inc., ago period, Wachovia, U.S
Wells Fargo faces massive to-do list
Wells :: United Kingdom | about 1 year ago
Credibility In its planned acquisition of Wachovia, Wells Fargo will have some big decisions to make on what operations to keep, expand, pare back or abandon altogether. Analysts have started to speculate that Wells could get rid of Wachovia's corporate and investment...
Tags: Wells Fargo, Wachovia, San Francisco-based Wells, San Francisco Business Times
Micron cuts could shrink Idaho unemployment trust
Boise :: ID :: USA | about 1 year ago
Credibility State officials, who maintain Idaho's trust fund is healthier than those in many other states, couldn't immediately gauge the impact of Micron's most recent round of layoffs. Still, adding to the ranks of the jobless will increase payouts. "There's a...
Tags: Micron Technology Inc., Idaho Department of Labor, Wells Fargo, Wachovia, Southeast Boise, IBM, citigroup says, micron cut, job losses
White House calls AIG retreat 'despicable'
Half Moon Bay :: CA :: USA | about 1 year ago
Credibility Regis Resort in Monarch Beach, Calif., shortly after it was propped up by taxpayer dollars last month. “I understand why the American people would be outraged. I am,” Perino said. “It’s pretty despicable to realize how callous somebody might be as they...
Tags: American International Group Inc., Dana Perino, John Gittelsohn AIG, White House, Wachovia, Paulson, Post
Wachovia, its suitors agree to halt litigation
New York City :: NY :: USA | about 1 year ago
Credibility Wachovia, Citigroup and Wells Fargo, in consultation with the Federal Reserve, have agreed to a standstill of all formal litigation activity...Federal Reserve officials have been in talks with Wells Fargo and Citigroup in the hope of getting the parties...
Tags: Wachovia
Fund manager Ackman bets U.S. will get lenient on AIG
San Francisco :: CA :: USA | about 1 year ago
Credibility In return, the government took 80% of the company's equity, effectively nationalizing it and severely diluting current shareholders' positions. After that rescue, AIG shares slumped, and Ackman revealed that he subsequently bought shares at prices roughly...
Tags: Wachovia
Bank of America to Raise Capital
New York City :: NY :: USA | about 1 year ago
Credibility Bank of America Corp. announced a surprise dividend cut and a plan to sell $10 billion in stock to raise capital, as its third-quarter profit plunged amid a sharp deterioration in the outlook for consumer credit. The Charlotte, N.C., bank halved its dividend...
Tags: Bank of America Corporation, Bank of America Corp., profits dropped, financial institutions, boost capital, quarter profits, credit cards, raising capital, Wachovia
Wachovia presses ahead with Wells Fargo deal
New York City :: NY :: USA | about 1 year ago
Credibility District Judge John Koetl to declare that the Wachovia-Wells Fargo agreement "is valid, proper and not prohibited by a letter agreement between Wachovia and Citigroup." Citigroup said in a statement announcing the ruling late Saturday it "is prepared...
Tags: Wachovia, Wells Fargo, The Wall Street Journal, U.S, Charlotte, Citigroup, New York
Stocks slide as strong concerns dominate markets
London :: United Kingdom | about 1 year ago
Credibility Despite the US Senate's approval of the bailout package on Thursday, the markets failed to enjoy the expected relaxation -- especially anxieties that the passage of the bill may not be able to prevent the economy from sinking further. Many commentators...
Tags: U.S. House of Representative, European Central Bank, US Congress, Wachovia, central banks
How to help research park grow?
Charlotte :: NC :: USA | about 1 year ago
Credibility A group of urban development experts met in University City on Thursday to discuss strategies to better market University Research Park. The 3,000-acre park, located just north of Interstate 85 near UNC Charlotte, was founded in 1966. Since then, the...
Tags: market, Wachovia, Charlotte Chamber, UNC Charlotte, University Research Park, Citigroup
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