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Bank of America Corp

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  • Citigroup CFO Warns of Big Potential Writedowns Thursday, 19 Jun 2008 | 12:54 PM ET
    Citigroup

    Citigroup could take substantial write-downs for subprime mortgages, leveraged buyout loans and other assets in the second quarter, the company's chief financial officer said on a call with investors.

  • Barney Frank Defends Dodd On "Friend Of Angelo" Charge Thursday, 19 Jun 2008 | 12:53 PM ET

    Rep. Barney Frank has come to Sen. Chris Dodd's defense! My colleague Diana Olick has been blogging about the breaks Countrywide gave the Connecticut Democrat under the direction of Angelo Mozilo.

  • Million Dollar Portfolio Challenge:  Trades of the Day Thursday, 19 Jun 2008 | 9:31 AM ET

    Nearly 1.5 billion shares and $23 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Million Dollar Portfolio Challenge:  Trades of the Day Wednesday, 18 Jun 2008 | 9:07 AM ET

    Nearly 1.8 billion shares and $27 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Stocks Slide as Bank Worries Rattle Market Tuesday, 17 Jun 2008 | 5:08 PM ET

    Stocks fell sharply Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.

  • Banks May Need $65 Billion New Capital: Goldman Tuesday, 17 Jun 2008 | 10:23 AM ET

    U.S. banks may need to raise $65 billion of additional capital to cope with mounting losses from a global credit crisis that will not peak until 2009, Goldman Sachs & Co analysts said on Tuesday.

  • US Banks May Fall Prey to European, Asian Bids Tuesday, 17 Jun 2008 | 4:58 AM ET

    1st paragraph of story should go here

  • Dow Hit Off the Green; Banks Score Monday, 16 Jun 2008 | 4:52 PM ET

    As the world watched Tiger Woods and Rocco Mediate take it down to the wire at the US Open, the Dow was struggling with its own rivalry: Banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. Oil ended down at $134.34 abarrel.

  • Time to Buy Beaten-Down Stocks Monday, 16 Jun 2008 | 2:01 PM ET

    Ted Parrish, co-portfolio manager of the Henssler Equity Fund, thinks it's time to buy some out-of-favor sectors like consumer cyclicals -- and even financials.

  • Stocks Tick Higher as Oil Retreats Monday, 16 Jun 2008 | 1:51 PM ET

    Stocks bounced back from an early slide as banks recovered and strength permeated techs, housing and retail stocks.  The market had opened lower as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.

  • Fund Managers: Go With Energy Stocks, Mid-Caps Monday, 16 Jun 2008 | 1:04 PM ET

    To give investors an edge on their portfolios, CNBC asked the market experts for their best stock picks now. 

  • Nearly 1.5 billion shares and $23 billion traded Friday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Nearly Half of Wall St. Bank Profits Are Gone Monday, 16 Jun 2008 | 4:59 AM ET

    Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay. But a mere 12 months later, nearly half of the profits that major banks reaped during that age of riches have vanished, the New York Times reported.

  • Stocks Rally On Oil Drop Friday, 13 Jun 2008 | 5:47 PM ET

    The Dow closed higher after retreating oil prices and a tame reading of core U.S. consumer prices eased inflation fears. What's the "Word on the Street?"

  • BofA-Countrywide Deal 'Big Mistake': Cramer Friday, 13 Jun 2008 | 3:24 PM ET

    The Mad Money host has his doubts given the continuing problems in the mortgage market.

  • Nearly 1.5 billion shares and $23 billion traded Thursday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Talbot's Credit Crisis Thursday, 12 Jun 2008 | 3:45 PM ET
    Shopper at Talbots

    With the tear that Talbot’s stock price has been on, I think that it is safe to say that investors like what they heard from CEO Trudy Sullivan yesterday. Still that $50 million credit facility that it secured from Japanese retailer Aeon (also TLB’s largest shareholder) is a relatively small step in what will be a big turnaround project.

  • "Despair" Over Financials And Lehman's Now Ex-Execs Thursday, 12 Jun 2008 | 9:12 AM ET

    KeyCorp, which has been hitting new lows recently, cut its dividend in half and plans to raise $1.5 b in capital. The excuse here is an adverse court ruling on tax treatment, but no one is surprised, nor does anyone think they will be the last to cut dividends.

  • Dow at 3-Month Low as Oil Fuels Inflation Jitters Wednesday, 11 Jun 2008 | 5:07 PM ET

    Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low.  Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.

  • Stocks Slide as Oil's Surge Escalates Inflation Jitters Wednesday, 11 Jun 2008 | 2:52 PM ET

    Stocks fell sharply as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped about $6.