This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider’s look at the fate…
“It felt like the world was on fire,” recalls financial writer Andrew Ross Sorkin, whose book Too Big To Fail covers the crisis at its peak. In an interview, he discusses the meltdown, its aftermath, the quest for power on Wall…
Two years after Lehman Brothers collapsed and put the financial crisis into meltdown mode, Wall Street and the financial industry are still struggling to rebuild from the ashes. But as the economy recovers, are bank stocks good buys? Here are the bull and bear cases for three of the nation’s biggest banks.
Continue reading Face-Off on Stocks: Bank of America, JPMorgan Chase, Citigroup
Face-Off on Stocks: Bank of America, JPMorgan Chase, Citigroup originally appeared on DailyFinance on Mon, 13 Sep 2010 10:45:00.
Filed Under: Investing, JP Morgan Chase, Bank of America, Stock Picks, Citigroup, Video
British defense company BAE Systems (BAESY) hired two banks to sell its U.S. component manufacturing businesses.
The company confirmed Monday that it had hired Wells Fargo (WFC) and JP Morgan (JPM) “to advise on strategic options” regarding its Platform Solutions unit, including a possible sale, Reuters reported.
BAE could raise as much as $2 billion by selling part of its North…
Continue reading BAE Systems Puts U.S. Component Unit Up for Sale
BAE Systems Puts U.S. Component Unit Up for Sale originally appeared on DailyFinance on Mon, 13 Sep 2010 08:32:00.
Filed Under: Company News, Technology, Investing, JP Morgan Chase, Wells Fargo & Co, Stocks in the News
British defense company BAE Systems (BAESY) hired two banks to sell its U.S. component manufacturing businesses.
The company confirmed Monday that it had hired Wells Fargo (WFC) and JP Morgan (JPM) “to advise on strategic options” regarding its Platform Solutions unit, including a possible sale, Reuters reported.
BAE could raise as much as $2 billion by selling part of its North…
Continue reading BAE Systems Puts U.S. Component Unit Up for Sale
BAE Systems Puts U.S. Component Unit Up for Sale originally appeared on DailyFinance on Mon, 13 Sep 2010 08:32:00.
Filed Under: Company News, Technology, Investing, JP Morgan Chase, Wells Fargo & Co, Stocks in the News