BUSINESS NEWS

Can This 'Genius' Save Citi?

On a conference call with analysts, new CEO Vikram Pandit leaves the door open for asset sales at the beleaguered bank Read More...

Posted Tuesday, December 11, 2007 12:48 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Company News, C, JPM, Banking, BAC, CEOs, CB

Why Citi May Need a Merger

Because of the weakness in its capital structure, the financial-services giant may need to pair up with another bank Read More...

Posted Monday, December 10, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, Company News, Management, C, JPM, Mergers & Acquisitions, MS, Mortgage Industry, Banking, Investment Banking, BAC, Financial Services, CM, CEOs

What the U.S. Can Teach Finland About Service

A Finnish study profiled twelve U.S. companies to give insight on how successfully applied innovation can bring in the big bucks Read More...

Posted Friday, December 07, 2007 8:05 AM from BusinessWeek Online -- | (Comments Off)

Filed under: GOOG, Management, Innovation, AMZN, MAT, WHR, BAC, IM

Tempted by Financials' Fat Dividends

Share prices of big names like Citi and WaMu have taken such a hit that they now offer eye-popping payouts. Buyer beware Read More...

Posted Wednesday, November 28, 2007 3:28 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, C, MORN, JPM, WM, Mortgage Industry, CFC, Banking, BAC, Financial Services, DB, WB, FRE, CM, FNM, Stock Recommendations, RF, FHN, NYB, WSDT

Subprime City Confidential: Nov. 28, 2007

Freddie cuts its dividend and investors applaud. Wells Fargo's No No Song. And just how big are those CDO losses? Read More...

Posted Wednesday, November 28, 2007 11:57 AM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, Company News, C, JPM, Mortgage Industry, CFC, BAC, Financial Services, WFC, FRE

A Big Black Friday for Electronics Stores

Best Buy and Circuit City were busy over the holiday weekend, but are shoppers being lured by must-have gadgets—or deep discounts? Read More...

Posted Monday, November 26, 2007 7:05 AM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, Retailing, Consumer Electronics, JPM, GRMN, BAC, PJC, DB, CC, BBY, Stock Recommendations, ATVI, JEF

Finance Stocks to Buy Now

Gene Marcial talks to investors who believe opportunities remain amid the wreckage at the Wall Street financial houses Read More...

Posted Sunday, November 18, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, GS, BSC, C, JPM, MER, MS, WM, Mortgage Industry, CFC, Banking, BAC, Financial Services, AIG, FNM, NYX, Stock Recommendations, ABK

Soft Landings for CEOs

Some shareholders may object, but heads of most major financial services firms will have very secure futures even if they're forced out Read More...

Posted Wednesday, November 14, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Executives, GS, BSC, C, JPM, LEH, MER, MS, CFC, XOM, BAC, WB, CEOs

Citigroup Turns to Robert Rubin

In the wake of Charles Prince's departure, the former Treasury Secretary is named chairman. His first order of business: finding a new CEO Read More...

Posted Sunday, November 04, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, Company News, Executives, Management, GS, C, TWX, JPM, MER, Mortgage Industry, Banking, Investment Banking, BAC, Financial Services, NYX, AA, CEOs, Leadership, Board of Directors

John Thain to Head Citi?

Citigroup has called an emergency board meeting for this weekend, giving rise to speculation that current CEO Chuck Prince is on his way out Read More...

Posted Friday, November 02, 2007 9:57 AM from BusinessWeek Online -- | (Comments Off)

Filed under: Company News, Executives, GS, C, JPM, Banking, BAC, Financial Services, AXP, NYX, CEOs, Hiring and Firing, Board of Directors

Private Equity Chases Marathons

As the number of participants and advertisers grows, private equity firms explore investments in the country's top marathon-organizing companies Read More...

Posted Thursday, November 01, 2007 5:01 PM from BusinessWeek Online -- | (Comments Off)

Filed under: Investing, NKE, Sports Business, ING, BAC, PBG, ADDYY

Citi May Have a New Mess on Its Hands

Now, the bank could take a billion-dollar hit from bad debt tied to the CDO commercial paper market Read More...

Posted Thursday, November 01, 2007 2:54 AM from BusinessWeek Online -- | (Comments Off)

Filed under: BSC, C, JPM, BCS, BAC

Storm Clouds on the Job Hunt Horizon

While most recruiters are still seeking MBAs despite a shaky economy, many B-school students are hedging their bets and accepting early offers Read More...

Posted Tuesday, October 30, 2007 10:48 AM from BusinessWeek Online -- | (Comments Off)

Filed under: BSC, C, Business Schools, MS, BAC, TOL, CTX, PHM, DBK

Electronic Arts 2.0

The games giant has spent $860 million on recent deals, heralding a shift in strategy and potentially building a new innovation engine for itself Read More...

Posted Monday, October 29, 2007 4:37 AM from BusinessWeek Online -- | (Comments Off)

Filed under: Internet, Technology, Computers, Video Games, Software, MSFT, Consumer Electronics, Innovation, ERTS, BAC

Chinese Banks Head for the U.S.

American banks are a bargain these days—and Chinese financial firms with big plans are buying Read More...

Posted Thursday, October 25, 2007 2:04 AM from BusinessWeek Online -- | (Comments Off)

Filed under: Asia, GS, BSC, C, Banking, BAC, BBV, ALAB, CBH, TD, UCBH, RY

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