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Don't pay for school - Sponsored Link
Mon, 18 Aug 2008 17:55:00 GMT
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AUDIO from Medialink and American Express: Your Chance to Grow a Brighter Tomorrow
Mon, 18 Aug 2008 17:55:00 GMT
NEW YORK, Aug. 18 /PRNewswire/ -- Last year, one organization's historic initiative to select one special idea for making the world a better place is now leading to safe drinking water for millions of African children. Here's more on the chance for

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Mitsubishi UFJ to buy California bank
Mon, 18 Aug 2008 17:54:00 GMT
NEW YORK: Mitsubishi UFJ Financial Group, one of the largest banks in Japan, agreed Monday to buy the remaining part of UnionBanCal that it did not already own for about $3.5 billion. The transaction values UnionBanCal, which owns Union Bank of

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BB&T Capital Mkts Downgrades LA-Z-BOY INC to HOLD: Current Recommendation is Hold
Mon, 18 Aug 2008 17:36:00 GMT
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BB&T Capital Downgrades Tronox Incorporated (TRX) to Underweight
Mon, 18 Aug 2008 17:28:00 GMT
Sponsored by: StreetInsider Premium - FREE TRIAL! More News related to TRX More News related to Downgrades BB&T Capital downgrades Tronox Incorporated (NYSE: TRX) from Buy to Underweight. Tronox Incorporated produces and markets titanium dioxide

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FT.com: U.S. Banks Scramble to Refinance Maturing Debt
Mon, 18 Aug 2008 17:04:00 GMT
Battered U.S. financial groups will have to refinance billions of dollars in maturing debt over the coming months, a move likely to push banks' funding costs higher and curb their profitability, say bankers and analysts. The banks' need to raise capital

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Wachovia Joins ARS Settlement as Cuomo Turns up Heat on Hold Outs
Mon, 18 Aug 2008 17:02:00 GMT
Wachovia has joined a growing list of firms who have agreed to buy back auction rate securities from investors amid claims the securities were sold under false pretenses. On Friday (8/15/2008) Wachovia reached a settlement with New York Attorney General

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Sridhar Chityala joins Wachovia as head of e-commerce
Mon, 18 Aug 2008 16:24:00 GMT
Wachovia today announced that Sridhar Chityala has joined the company as head of its eCommerce division. He will report to Ranjana Clark, head of Marketing, and will be responsible for the strategic direction and execution of the company's Internet,

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Mitsubishi Is Said to Be Close to Deal for California Bank
Mon, 18 Aug 2008 16:02:00 GMT
The reports: Mitsubishi UFJ Financial Group, one of Japan's largest banks, is near a deal to buy the remaining part of UnionBanCal Corporation that it does not already own for about $3.5 billion, people involved in the deal said. The transaction values

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Wachovia's capital stays under pressure: Morgan Keegan
Mon, 18 Aug 2008 15:46:00 GMT
(Reuters) - Capital levels at Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz) will continue to remain under pressure and could cause its management to change its view regarding a common equity issuance, said analysts at Morgan Keegan, who

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AUDIO from Medialink and American Express: Your Chance to Grow a Brighter Tomorrow
Mon, 18 Aug 2008 15:36:00 GMT
NEW YORK, Aug. 18 /PRNewswire/ -- Last year, one organization's historic initiative to select one special idea for making the world a better place is now leading to safe drinking water for millions of African children. Here's more on the chance for

[read more...]

AUDIO from Medialink and American Express: Your Chance to Grow a Brighter Tomorrow
Mon, 18 Aug 2008 15:29:00 GMT
NEW YORK, Aug. 18 /PRNewswire/ -- Last year, one organization's historic initiative to select one special idea for making the world a better place is now leading to safe drinking water for millions of African children. Here's more on the chance for

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California Bank & Trust Catches Olympic Fever
Mon, 18 Aug 2008 15:25:00 GMT
California Bank & Trust (www.calbanktrust.com) today announced a new high-yield business and personal MoneyPlus account that offers a competitive 3.04-percent Annual Percentage Yield (APY)1, and comes with an official Olympic Commemorative pin, for any

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California Bank & Trust Catches Olympic Fever
Mon, 18 Aug 2008 15:20:00 GMT
SAN DIEGO - (Business Wire) California Bank & Trust (www.calbanktrust.com) today announced a new high-yield business and personal MoneyPlus account that offers a competitive 3.04-percent Annual Percentage Yield (APY)1, and comes with an official Olympic

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California Bank & Trust Catches Olympic Fever
Mon, 18 Aug 2008 15:13:00 GMT
SAN DIEGO--(BUSINESS WIRE)--California Bank & Trust (www.calbanktrust.com) today announced a new high-yield business and personal MoneyPlus account that offers a competitive 3.04-percent Annual Percentage Yield (APY)1, and comes with an official Olympic

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SunTrust sells Coke shares, 2Q earnings fall
Mon, 18 Aug 2008 15:08:00 GMT
On July 22, the Atlanta-based bank reported net income of $535 million during the quarter, down from $673 million in second quarter 2007. Loan charge-offs increased 8.6 percent from first quarter 2008, but SunTrust CEO Jim Wells said the losses and

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AUDIO from Medialink and American Express: Your Chance to Grow a Brighter Tomorrow
Mon, 18 Aug 2008 15:05:00 GMT
NEW YORK, Aug. 18 /PRNewswire/ -- Last year, one organization's historic initiative to select one special idea for making the world a better place is now leading to safe drinking water for millions of African children. Here's more on the chance for

[read more...]

AUDIO from Medialink and American Express: Your Chance to Grow a Brighter Tomorrow
Mon, 18 Aug 2008 15:03:00 GMT
Intraday data provided by Interactive Data Real Time Services, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data. More information on NASDAQ

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U.S. banking agency brings back retirees to manage crisis
Mon, 18 Aug 2008 14:59:00 GMT
NEW YORK: Before he retired from the Federal Deposit Insurance Corp. three years ago, Gary Holloway was cleaning up the remnants of the U.S. savings-and-loan crisis two decades earlier. His problems included selling leaky gas stations in Florida and the

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UPDATE 2-Wachovia's capital stays under pressure - Morgan Keegan
Mon, 18 Aug 2008 14:48:00 GMT
(Adds details, updates share movement) Aug 18 (Reuters) - Capital levels at Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz) will continue to remain under pressure and could cause its management to change its view regarding a common equity

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Sridhar Chityala Joins Wachovia as Head of eCommerce
Mon, 18 Aug 2008 14:38:00 GMT
CHARLOTTE, N.C., Aug. 18 /PRNewswire-FirstCall/ -- Wachovia today announced that Sridhar Chityala has joined the company as head of its eCommerce division. He will report to Ranjana Clark, head of Marketing, and will be responsible for the strategic

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Washington Mutual increases ATM locations in Georgia
Mon, 18 Aug 2008 13:51:00 GMT
SEATTLE �?? Washington Mutual Inc., a consumer and small business banking company, has entered into an agreement with Cardtronics to brand more than 70 ATMs in CVS/pharmacy stores in Georgia, according to a news release. The branded ATMs, which will

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UPDATE 1-Wachovia's capital stays under pressure - Morgan Keegan
Mon, 18 Aug 2008 13:36:00 GMT
(Recasts, adds details) Aug 18 (Reuters) - Capital levels at Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz) will continue to remain under pressure and could cause its management to change its view regarding a common equity issuance, said

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Sridhar Chityala Joins Wachovia as Head of eCommerce
Mon, 18 Aug 2008 13:23:00 GMT
CHARLOTTE, N.C., Aug. 18 /PRNewswire-FirstCall/ -- Wachovia today announced that Sridhar Chityala has joined the company as head of its eCommerce division. He will report to Ranjana Clark, head of Marketing, and will be responsible for the strategic

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Wachovia to repay irate investors $9bn
Mon, 18 Aug 2008 13:05:00 GMT
BDFM Publishers (Pty) Ltd disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of or reliance upon, in any manner, the information provided through this service and does not warrant the truth, accuracy or

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Merrill, Wachovia in Danger of Failing: Strategist
Mon, 18 Aug 2008 12:18:00 GMT
BANKS, MERRILL, WACHOVIA, FAILURE, FANNIE, FREDDIE Merrill Lynch, Wachovia and other financial companies are at risk of failure as the cost of raising capital soars at a time when the banks need to pay settlements over option rate securities, David

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Japan's Mitsubishi takes over US bank
Mon, 18 Aug 2008 12:05:00 GMT
Mitsubishi UFJ announced today that it has signed a deal to take full control of its US subsidiary Union Bank of California. Mitsubishi UFJ will acquire the 34.6% of the US bank that it does not already own with a bid of $3.5 billion. Japan's biggest

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Canada, Wachovia ABL arm for sale
Mon, 18 Aug 2008 11:30:00 GMT
Extract not available.

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Japanese bank takes over US bank
Mon, 18 Aug 2008 11:24:00 GMT
Mitsubishi UFJ announced today that it has signed a deal to take full control of its US subsidiary Union Bank of California. Mitsubishi UFJ will acquire the 34.6% of the US bank that it does not already own with a bid of $3.5 billion. Japan's biggest

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California bank accepts sweetened Mitsubishi bid
Mon, 18 Aug 2008 10:38:00 GMT
TOKYO (AP) -- Mitsubishi UFJ Financial Group Inc. and UnionBanCal Corp. agreed on a tender offer at a raised price of $73.50 a share in a deal worth $3.5 billion, the Japanese bank said Monday. Japan's biggest bank has been trying to take over the 35% of

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