The sale could decrease the government's holdings below a majority stake for the first time since the rescue of the giant insurer in 2008.
JPMorgan Chase (JPM)directors are considering lower 2012 bonuses for CEO Jamie Dimon and other top executives in the wake of a multbillion-dollar trading scandal, while the board of Citigroup (C - Get Report) is expected to decide this fall how to fine-tune next year's compensation plan to win broader support among investors, people familiar with the situation told the Journal.
Intel (INTC - Get Report) shares fell 3.61% on Friday after the chip giant lowered its third-quarter revenue forecast. Intel said Friday it now expects third-quarter sales between $12.9 billion and $13.5 billion, well below its prior forecast of $13.8 billion to $14.8 billion. Intel Lowers Third-Quarter Outlook
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts