SocGen Profit More Than Doubles on Investment Bank
Societe Generale SA, France’s second-largest bank, said second-quarter profit more than doubled, beating…
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Bank of America Corp.
Barclays to Raise 5.8 Billion Pounds in Rights Offering
Barclays Plc (BARC), the U.K.’s second-largest bank by assets, said it will raise 5.8 billion pounds ($8.9 billion)…
Michael Dell Said To Consider Blackstone LBO Only With CEO Guarantee
Dell Inc. (DELL) founder Michael Dell will only consider backing a buyout by Blackstone Group LP (BX) if the…
U.S. Stocks Decline As Consumer Confidence Index Slips
U.S. stocks fell after the Standard & Poor’s 500 Index moved within two points of its record high…
Wall Street Seeks Patience After Worst 1st Half Since ’08
Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to…
S&P 500 Hits Biggest Two-Day Rise in 2012
U.S. shares rose, giving the Standard & Poor’s 500 Index its biggest back-to-back advance in 2012, amid…
BofA Must Defend $20 Mln Merrill Buyout Settlement
Bank of America Corp directors, who were sued by shareholders for allegedly paying too much for Merrill Lynch &…
U.S Stocks Rise, End Two-Week Slump On Defensive Shares
U.S. stocks rose, breaking a two- week slump, as industries considered the safest investments led gains after…
U.S. Stock Futures Rise As EU Debt Concern Eases
U.S. stock futures advanced, following a two-day decline in the Standard & Poor’s 500 Index, as increased…
BofA US$8.5 Bln Mortgage Pact Receives Objection
Bank of America Corp's proposed $8.5 billion mortgage bond settlement received fresh opposition on Tuesday from New…
