Gjeldskrisen i EU
Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) --aWith the Alibaba ainitial public offeringafinally behind us, Jim Cramer said onaMad MoneyaFriday it's back to regularly scheduled programming. That's why Cramer's game plan for next week's trading is once again focusing on individual corporate earnings. On Monday, Cramer said he'll be watching the earnings from AutoZone , which will likely see a selloff after it reports followed by a rally. He told viewers to buy [...]
Rolling reaction from the City and Scotland, as the London stock market rises but sterlings early rally runs out ... 5.29pm BST FTSE 100 finishes marginally higher as Scottish vote boost runs out of steam 5.11pm BST Well, weve seen more impressive rallies, frankly. This was a day of mild relief in the City, rather than full-blown jubilation. Despite all the warnings from business leaders and economists before yesterdays vote, the stock rally largely fizzled out by the finish. Shares in Europe breathed a big sigh of relief on the news one of its [...]
NEW YORK (MainStreet) --aCIT Groupa and OneWest Bankaare following in the foot steps of Banc of California with their proposed merger, but they have yet to sit down and create a community credit plan with local organizers. “The new financial institution would have nearly $70 billion in assets, and we’re concerned that communities meant to be served will be lost in the merger,” said Kevin Stein, associate director at the California Reinvestment Coalition (CRC). Read More: Banks Shed Student Debt to Fund Car Loans -- New Crisis Looming? CRC is [...]
NEW YORK (TheStreet) -- Shares of Bank of Americaa awere flat in morning trading Friday after the U.S. government said the bank's appeal to throw out a jury verdict defied "common sense." The verdict found the bank liable for selling dubiousaloans to Fannie Mae and Freddie Mac prior to the financial crisis. The decision led to a $1.27 billion penalty. The bank's arguments for throwing out the verdict "defy the evidence, the law, and common sense," the government said in a court filing Thursday night. "Evidence of defendants' fraud was abundant." [...]
NEW YORK (Reuters) - The U.S. government said Bank of America Corp's bid to throw out a jury verdict finding it liable for the sale of questionable loans to Fannie Mae and Freddie Mac before the financial crisis, which led to a $1.27 billion penalty, defies common sense and should be rejected.