The plaintiffs had accused Goldman Sachs, JPMorgan Chase and others of having conspired since May 2009 to drive up aluminum prices by hoarding supply.» Read More
FGIC, whose main unit is a bond insurer, said on Monday it is looking at strategic alternatives to boost its capital and protect policy holders, including setting up a new insurer that would focus on municipal bonds.
Goldman Sachs Group, which for weeks denied it was cutting jobs, is slashing an undisclosed number of positions in mortgage and investment banking this month as weak markets erode its business.
Fed auction results Thursday may indicate a turning point in the credit crisis. Are financials poised to make a sustained rally?
JPMorgan's equities team has said financial stocks will help lead the market higher this year. Today, they held a call on the financial group and say they are still overweight, and they expect it to be one of the better performing sectors.
Citigroup is expected to report another big quarterly loss on April 18, but the actual numbers may be almost secondary.
With good news from Walmart and Goldman CEO Blankfein saying we are closer to the end of the current financial crisis than the beginning, the markets are rallying. Is Blankfein right or is it the calm before the storm?
Goldman Sachs Group Wednesday disclosed that it has received requests for information from "various governmental agencies and self-regulatory organizations" relating to auction products and the recent failure of such auctions.
A recent run-up in financials has many on Wall Street wondering if that sector is seeing a bottom. David Stepherson, of Hardesty Capital, and William Smith, of Sam Advisors weighed in on CNBC’s "Closing Bell" with their financial sector picks.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
We’ve picked a winner! Find out who was crowned the champion of Fast Money Madness. This is the stock the traders think will perform best over the next 12 months.
And then there were two! Find out who made it to the final round of our Fast Money Madness tournament. And tell us which company you think will win the championship!
Plus, how to get started in investing.
The March jobs report (and the downward revisions in February) was a bit worse than expected, which is a disappointment for stock traders. Let's be clear: stock traders want signs of stability and bottoming in economic statistics. They DO NOT want weak numbers on the theory that the Fed will continue to cut rates. They will gladly trade less rate cuts for an improving economy.
Microsoft vs. Apple is just one of the exciting match-ups in this round of the Fast Money Madness tournament. Find out which companies make it to the Final Four.
Stocks logged another lackluster session Thursday in the wake of Tuesday's spectacular rally as the market digested a mixed bag of economic data and a congressional hearing on the Bear Stearns bailout.
Stocks opened lower Thursday after a larger-than-expected rise in weekly jobless claims.
The Federal Reserve has stationed itself inside brokerages including Goldman Sachs and Bear Stearns to monitor their financial state, the Wall Street Journal reported on its Web site on Thursday.
Cramer makes the call on viewers' favorite stocks.
Stocks rallied to the finish line Tuesday, led by financials, after Lehman Brothers announced plans to raise more capital and two European banks disclosed write-downs.
Stocks kicked off the second quarter with a rally Tuesday, led by financials, as news of more write-downs from European banks offered hope that the end is in sight for the global credit crunch.