Wells Fargo (NYSE: WFC) and Goldman Sachs (NYSE: GS) said in regulatory filings on Tuesday that they might face federal enforcement action, concerning to mortgage backed securities which eventually resulted into the financial crisis....
Delta Air Lines Inc. (NYSE: DAL) is looking to acquire US Airways Group Inc. (NYSE: LCC), according to a report by the Wall Street Journal. The Journal, citing people familiar with the matter, reported...
Gold prices rose for a third day in a row as the euro rose against the U.S. dollar amid optimism that the International Monetary Fund (IMF) will boost its lending resources to combat the...
Stocks have extended their gains in late trading today, with all three major indexes near session highs. Stocks are rising on hopes that the International Monetary Fund (IMF) will boost its lending resources. The...
Goldman Sachs Group Inc. (NYSE: GS), earlier today, released its fourth-quarter financial results, posting a decline in earnings. However, the company’s fourth-quarter earnings beat analysts’ expectations, pushing shares higher in early trading. The New...
Stocks are headed for a higher finish in trading today as the German Chancellor and the French President called for a new European Union treaty that will see closer economic cooperation among euro countries....
Global equity markets tumbled for the week ended November 25 as the debt crisis in the euro zone worsened. Investors’ sentiment was also weighed down by concerns about global economic growth and U.S. deficit...
JP Morgan Chase & Co. (NYSE: JPM) has significantly raised its influence in the battle to takeover the London Metal Exchange by increasing its stake. With the latest increase in stake, JP Morgan is...
Global equity markets, last week, suffered as the euro zone debt crisis escalated. For the first time since the debt crisis began more than two years, core euro zone economies, excluding Germany, came under...
Wall Street giant Goldman Sachs Group Inc. (NYSE: GS) named 261 new managing directors, the smallest group of managing directors since 2008, according to an internal memo obtained by Bloomberg. Managing director is the...