| Source: The Associated Press
Blue chip stocks are said to have taken their name from the poker table, where the blue chips are the most valuable, but traders are debating whether they're a good gamble in the current market.
| Source: The Associated Press
The Bank of New York Mellon Corp. and Washington Mutual on Friday became the latest in a string of banks to announce layoffs.
| Source: The Associated Press
The Bank of New York Mellon Corp. said Thursday it will cut its worldwide work force by 4 percent, or about 1,800 jobs, blaming the weak global economy.
Thursday, 20 Nov 2008 | Source: Reuters
The money-losing finance company GMAC said on Thursday it has filed to become a bank, and its bonds surged as it joined the growing list of lenders making such a move in a bid to secure U.S. Treasury funds.
Tuesday, 18 Nov 2008 | Source: Reuters
By Scott Malone
Tuesday, 18 Nov 2008 | Source: Reuters
By Scott Malone
Tuesday, 18 Nov 2008 | Source: The Associated Press
Among the premarket stories for Tuesday, Nov. 18, from AP Financial News:
Tuesday, 18 Nov 2008 | Source: The Associated Press
An analyst on Tuesday said CIT Group Inc.'s plan to exchange debt and build its regulatory capital reserves makes it more likely CIT will win approval to change its status to a bank holding company.
Tuesday, 18 Nov 2008 | Source: The Associated Press
Credit card losses will rise by 25 percent in 2009 as unemployment rises and reduces customers ability to repay the loans, a Goldman Sachs analyst said Tuesday.
Monday, 17 Nov 2008 | Source: The Associated Press
Shares of most credit card companies fell Monday, after Capital One Financial Corp. reported weakening credit trends in its U.S. and international card portfolios.
Monday, 17 Nov 2008 | Source: The Associated Press
Insurance and investment manager Lincoln Financial Group said Monday it is applying to become a savings and loan after reaching a deal to acquire Newton County Loan & Savings FSB.
Monday, 17 Nov 2008 | Source: The Associated Press
After reaching a deal to acquire Interbank fsb, insurer Genworth Financial Inc. said it is applying to become a savings and loan, in a move to become eligible for funds under the government's $700 billion bank rescue package.
Friday, 14 Nov 2008 | Source: Reuters
By Jonathan Stempel
Friday, 14 Nov 2008 | Source: Reuters
By Jonathan Stempel
Posts |
COMPANY : American Express Co
20 Nov 2008
Volume was heavier; instead of a low volume, high volatility sell-off, this was an old fashioned high volume, high volatility sell-off; in other words, sellers materialized... Read More
17 Nov 2008
Shares of Warren Buffett's Berkshire Hathaway closed below $100,000 today (Monday) for the first time in just over two years... Read More
16 Nov 2008
Warren Buffett "knows and loves" American Express and would come to its rescue if needed, suggests Barron's.... Read More
14 Nov 2008
Warren Buffett's Berkshire Hathaway sharply increased its stake in ConocoPhillips this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire's just-released quarterly portfolio filing with the SEC... Read More
14 Nov 2008
If you're in the camp that thinks giving a gift card at the holidays is a bit of a cop-out, retailers have upped the ante this holiday season by rolling out some that put the "gift" in gift card.... Read More
VIDEO | COMPANIES : American Express Co
Insight into the markets and global economy, with Mohamed El-Erian, Pimco co-CEO
Discussing the ailing U.S. economy, with Gary Shilling, of A Gary Shilling & Co., and Jim Bianco, of Bianco Research
A look ahead of the future of American automakers, with Vince Farrell, Soleil Securities; Roy Williams, Prestige Wealth ...
Investors are wondering what President-elect Obama's defense policy will look like, with Howard Rubel, Jefferies & Co. d...
More Videos
HOME | NEWS | MARKETS | EARNINGS | INVESTING | VIDEO | CNBC TV | CNBC PLUS | CNBC MOBILE | CNBC HD+
About CNBC | Site Map | Privacy Policy | Terms of Service | Advertise | Help | Feedback | Video Reprints
About CNBC | Site Map | Privacy Policy | Terms of Service | Advertise | Help | Feedback | Video Reprints
Partners: AOL Money | BloggingStocks.com
(c) 2008 CNBC, Inc. All Rights Reserved
Data is a real-time snapshot *Data is delayed at least 15 minutes