Countrywide Denies Bankruptcy Rumors
Shares of Countrywide Financial Corp., the nation's largest mortgage lender, partially recovered from a midday plunge Tuesday after the company denied...
New York Stock Exchange
Bank Of America Warns Quarterly Earnings Will Be "Disappointing"
Reuters Via Yahoo | Posted 03.28.2008 | Business
Bank of America Corp (BAC.N) expects its fourth-quarter results to be disappointing due to write-downs and lower trading revenue, Chief Executive Ken ...
NYSE Opens Beijing Office
AFP | Posted 03.28.2008 | Business
The New York Stock Exchange formally opened a Beijing office on Tuesday in the hope of luring more of China's rapidly growing companies to list on the...
Deutsche Bank's Ackermann Rejects Citi's CEO Job
New York Post | ZACHERY KOUWE | Posted 03.28.2008 | Business
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Deutsche Bank boss Josef Ackermann is the latest executive to turn down a chance to be the top dog at Citigroup - a sign there could be more trouble a...
Stocks Rise Moderately After Record Highs
AP | Tim Paradis | Posted 03.28.2008 | Business
Wall Street extended its rally with modest gains in the major indexes following two days of sharp advances, despite economic readings that painted a m...
Merrill Reportedly Taps NYSE's Thain As New CEO
AP | Joe Bel Bruno | Posted 03.28.2008 | Business
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Citigroup,
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John Thain,
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Merrill Lynch & Co. has tapped New York Stock Exchange head John Thain to lead the world's largest brokerage through the unfolding credit market turm...
NYSE Operator's Profits More Than Triple
AP | Posted 03.28.2008 | Business
The operator of the New York Stock Exchange said Friday its third-quarter profit more than tripled, after the company bought pan-European rival Eurone...
Stocks Advance On Positive Economic Data
AP | Tim Paradis | Posted 03.28.2008 | Business
Wall Street closed out a bumpy week with a moderate advance Friday as tech stocks charged higher on takeover news and other sectors gained on data tha...
NYSE Censures 15 Firms
Wall Street Journal | JAIME LEVY PESSIN | Posted 03.28.2008 | Business
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Citigroup,
Lehman Brothers,
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NYSE Regulation said it censured and fined 14 member brokerage firms and one former member firm a total of $10.4 million for prospectus-delivery failu...
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AP | Alex Veiga | Posted 03.28.2008 | Business