NEW YORK, Feb 10 - You might not think it given the unremittingly bad news from Wall Street, but now might be the best time in years to try to start up a bank. Big...
NEW YORK, Jan 22 - Google Inc posted strong fourth-quarter earnings on Thursday, beating Wall Street forecasts, as its Web search advertising business remained strong despite a bleak economy. Net income for the fourth quarter...
"Going green" doesn't have quite the cachet it used to, at least on Wall Street...
The fallout from this year's global credit crisis has claimed jobs on all corners of Wall Street, from hedge fund managers to floor traders and beyond. More than 110,000 have lost their jobs so far this year, and some industry experts forecast it could come close to 200,000 before the year is over.
BEIJING, Sept 23 - Chinese financial institutions should look for the right chance to take further stakes in struggling Wall Street banks to beef up China's global presence, a senior banker said on Tuesday. Investments...
NEW YORK, Sept 22 - Investor activists see the U.S. government's proposed $700 billion bailout of Wall Street as a big opportunity to curb CEO pay they consider too lavish, adding new intensity to an...
The Wall Street that shaped the financial world for two decades ended last night, when Goldman Sachs Group Inc. and Morgan Stanley concluded there is no future in remaining investment banks now that investors have determined the model is broken...
A little over a year ago the Dow seemed like it was on a runaway roller coaster headed for rock bottom. We all held our collective breath to see when - and where - it would stop. While September 29, 2008, was the single largest daily point loss (777.68), it wasn't the largest one-day percentage loss. That occurred on October 19, 1987, when the Dow dropped 508 points. When it closed at 1,738.74 it had effectively lost 22.6% of its value within one trading day.
* Q4 EPS $1.82 vs Street view $1.42 * Q4 rev $9.87 bln vs Street view $9.2 bln * Sees Q1 EPS $1.70-$1.78, rev $11.3-$11.6 bln * Shares up 5.5 pct SAN FRANCISCO, Oct 19...
NEW YORK, June 25 - U.S. stocks jumped on Thursday as investors were relieved that Federal Reserve Chairman Ben Bernanke weathered a congressional hearing well. *The Fed chief was grilled for hours by U.S. lawmakers...