Tagged: AACC

Citi Agrees To Pay $285 Million

Citigroup Inc. (NYSE:C) on Wednesday agreed to pay around $285 million as a fine for the financial institution misleading investors in a derivatives deal worth $1 billion that was tied to the creation of...

Goldman Reports Loss of $428 Million

The global investment banking and securities company, Goldman Sachs Group Inc. (NYSE:GS) reported a loss of about $428 million for the second quarter, the first for the investment bank since it went public 12...

Stocks Extend Losses in Mid-Day Trading

Stocks have extended their losses in mid-day trading, with all three major indexes down sharply currently. Stocks have been pushed lower by comments from a spokesperson for German Chancellor Angela Merkel. The spokesperson said...

Market Loses Steam in Late Trading

The U.S. equity market lost steam in last trading, falling off from day’s high. Market fell in late trading after President Barack Obama .defended his tax cut deal in a press conference. On Monday,...