There are some very happy Wachovia shareholders, and advisors, out there this morning. Wells Fargo agreed to acquire all of Wachovia’s operations for $15.4 billion, or about $7 a share, in an all stock deal, the...
Apparently, not everyone is pleased by the Citigroup deal in which Citi would buy Wachovia Corp.’s bank branches, deposits and private bank, for $2 billion, or about $1 a share.
Morgan Stanley has held talks to sell up to a 49-percent stake to China’s sovereign wealth fund, China Investment Corp., which already owns a 9.9-percent stake in the firm, the Financial Times reported Thursday.
Bear markets tend to end with a whimper rather than a bang: They are usually marked by low volume and minimal investor interest, says the Leuthold Group in its August newsletter. By these measures, we may be close. U...
Registered Rep.: What do you say to those who claim your growth strategy is like that of former CEO Chuck Prince? Vikram Pandit: When I came onboard, we reviewed, in extreme detail, the various business lines of Citi...
Craig has been trading commodities for over 20 years, and has posted long-term annual average returns of around 20 percent. Since April 2006, when he returned to the business after a brief retirement, his annual...
