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Citi's Primerica Seeks $100M Through IPO
Citigroup's Primerica unit is hoping for a warm embrace from the public markets as it unveiled plans for an IPO seeking as much as $100 million.
05:11PM 11/05/09
JPMorgan Works to Shed Consumer Loans
Charles Scharf, head of retail banking at JPMorgan Chase, sees the company's consumer lending portfolio declining by as much as 15% over the next year.
03:58PM 11/05/09
Citigroup Shares Hamstrung Since Report
Citigroup's stock has languished since its third-quarter report, falling back below $4 this week, and observers say they don't foresee a recovery any time soon.
09:05AM 11/05/09
MasterCard Looks to Offset Losses to Visa
MasterCard CEO Robert Selander noted a number of business wins for the company in the latest quarter as it continues to face off against rival Visa at home and abroad.
01:20PM 11/03/09
MasterCard's Profit Tops Wall Street View
MasterCard posted third-quarter earnings that beat analyst expectations as pricing changes and a boost in overall transaction volume drove topline growth.
08:40AM 11/03/09
Hudson City CEO Sticks to the Plan: Best in Class
Hudson City Bancorp was the largest bank to navigate the financial crisis without government assistance, mostly because CEO Ron Hermance kept things simple.
07:00AM 11/03/09
MasterCard's Report Faces High Bar
MasterCard's stock has done extremely well over the past year and the strong results of rival Visa last week have likely only raised investor expectations for its quarterly report.
04:28PM 11/02/09
E*Trade Posts Deep Loss on Charge
E*Trade posted a deep third-quarter loss due to a charge related to its debt swap in August, but, excluding this item, the online broker edged Wall Street's loss view.
05:05PM 10/27/09
AmEx Third-Quarter Net Income Down 21%
American Express reported a year-over-year decline of 21% in net income for the third quarter, but the company's adjusted profit was a nickel ahead of Wall Street's view.
04:57PM 10/22/09
PNC Jumps as Earnings Exceed Estimate
PNC Financial shares rose sharply after the company trounced Wall Street expectations for its third-quarter earnings and offered a potential timetable for repaying TARP funds.
10:41AM 10/22/09
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