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Ambac Surges On BTIG Upgrade

Ambac Surges On BTIG Upgrade

Following the success of bond insurers MBIA and Assured Guaranty, Ambac finds a champion.

05/17/13 - 04:33 PM EDT

Big Banks: Friday Financial Winners

Investor euphoria resumed on Friday as the broad indices pushed further into record territory, with bank stocks again leading the way.

05/17/13 - 04:26 PM EDT

Ambac Surges On BTIG Upgrade

Ambac Surges On BTIG Upgrade

Following the success of bond insurers MBIA and Assured Guaranty, Ambac finds a champion.

05/17/13 - 04:33 PM EDT

The Deal: Gleacher at Decision Time

The Deal: Gleacher at Decision Time

  • Tickers in this article:
  • GLCH

Gleacher shareholders must decide between liquidation or handing control to investment funds that may not have their best interests at heart.

05/17/13 - 01:23 PM EDT

5 Things To Know About Small Business This Week: May 17

5 Things To Know About Small Business This Week: May 17

PayPal announces "Cash for Registers;" small-business optimism improves; Kabbage expands financing to bricks-and-mortar businesses; restaurants tapping into big breakfast opportunity; GoDaddy launches restaurant-specific Web site designs.

05/17/13 - 04:04 PM EDT

5 Traits of Our Unbanked and Underbanked

5 Traits of Our Unbanked and Underbanked

The underbanked are more Main Street than Skid Row, and that doesn't say good things about the system.

05/17/13 - 11:00 AM EDT

Investors Shun J.C. Penney Shares

Investors Shun J.C. Penney Shares

Investors shun J.C. Penney Friday following dismal earnings results and concerns over whether the company can regain the traction it lost even with the return of its former CEO.

05/17/13 - 11:12 AM EDT

Big Bank Phobia: Liquidity, Stupid, Not Just Capital

Big Bank Phobia: Liquidity, Stupid, Not Just Capital

The Federal Reserve's annual stress tests need to incorporate liquidity, since overnight funding lockups and bank runs cause bank failures.

05/17/13 - 08:00 AM EDT

Vikram Pandit Buys Stake in Indian Firm

Vikram Pandit Buys Stake in Indian Firm

  • Tickers in this article:
  • C

The former CEO of Citigroup will run a $100 million distressed asset fund in India.

05/16/13 - 03:45 PM EDT

The 5 Dumbest Things on Wall Street This Week: May 17

The 5 Dumbest Things on Wall Street This Week: May 17

Dan Loeb gets soft, Bloomberg and traders are 'Spy vs. Spy,' and Wal-Mart torpedos a cooperative reform effort by choosing its own, awkward path.

05/17/13 - 07:00 AM EDT

JCPenney Reports Loss, Tumbles After-Market

JCPenney Reports Loss, Tumbles After-Market

JCPenney reported a loss of $348 million, or $1.58 per share, the company said after the markets closed on Thursday.

05/16/13 - 05:51 PM EDT

Regions Financial: Bank Stock Loser

Regions Financial: Bank Stock Loser

  • Tickers in this article:
  • RF
  • I:BKX

Banks stocks were mostly lower on Thursday, following a disappointing batch of economic reports.

05/16/13 - 04:31 PM EDT

Big Bank Phobia: Not Too Big to Fail

Big Bank Phobia: Not Too Big to Fail

While it is stylish for politicians to cry for the end of 'too big to fail' banks, a rational reduction of systemic risk requires more thought.

05/16/13 - 08:22 AM EDT

Berkshire Is an Insurance Company, Not a Nation-State: S&P

Berkshire Is an Insurance Company, Not a Nation-State: S&P

Standard & Poor's has cut Berkshire Hathaway's credit rating below that of the U.S. government.

05/16/13 - 12:33 PM EDT

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