New Citigroup Hire Lands $30 Million Pay Deal

Citigroup’s (C) newest energy banker Stephen Trauber could take home as much as $30 million over three years as part of his juicy new pay package with the bank.

Trauber, whom Citigroup poached from Swiss bank UBS (UBS), landed himself the deal just …

Confessions of a Debt Wimp: My First Credit Card

Not long ago, DailyFinance’s Hugh Collins — a 28-year-old, Dublin-born U.S. resident — had yet to experience a truly American phenomenon: owning a credit card. Once he finally secured one, though, he quickly discovered the im…

KB Home Posts Narrower Earnings Loss

KB Home

KB Home (KBH) reported a quarterly loss of 2 cents per share, compared with 87 cents per share a year earlier.

Revenue was $501 million in the quarter ended Aug. 31, the company said in a statement. That’s a 9% increase from a year earlier.

Sponsored Links

The company incurred $3.3 million of inventory impairment of land option contract abandonment charges in the quarter, compared with $47.7…

Continue reading KB Home Posts Narrower Earnings Loss

KB Home Posts Narrower Earnings Loss originally appeared on DailyFinance on Fri, 24 Sep 2010 08:45:00.

Filed Under: , , ,

As Expected, Blockbuster Files for Bankruptcy

Struggling video rental chain Blockbuster has filed for bankruptcy as part of a plan to recapitalize the company and reduce its debt.

The company filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York,…