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GM’s German subsidiary said Friday it would ask European governments for ?3.3 billion in loan guarantees and that it would reorganize into an independent company in hopes of attracting new investors, one of which may be the German state. - RSS news feeds and Widgets on Feedzilla.com
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Under the terms of the deal, the Treasury Department has agreed to convert as much as $25 billion worth of its preferred-stock investment in Citigroup into common stock. - RSS and News widget on Feedzilla.com
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Bank to close US lender HFC to new business and announce swingeing dividend cut . - RSS widgets and RSS feeds on Feedzilla.com
Comments(0) Bank told to revise payouts to thousands of employees. - News widgets and RSS feeds on Feedzilla.com
Comments(0) The private equitybacked Belgian postal group De PostLa Poste is the latest overseas company to register interest in Royal Mail. - RSS and News widget on Feedzilla.com
Comments(0) Ongoing turmoil in the financial markets has resulted in a highly challenging environment for the U.S. insurance industry, a trend that is expected to continue in 2009. We give our views on PRE, PMI, PRS and HIG. - RSS feeds and Feed widget on Feedzilla.com
Comments(0) It seems that companies focused in local Latin American markets will go through the crisis without much pain; thus, there are some good opportunities out there: VIV, TNE, ABV, UGP and TSP. - RSS news feeds and Widgets on Feedzilla.com
Comments(0) If credit markets remain unfavorable, this would be an opportune time for management to either 1.) Strengthen its balance sheet; or 2.) Buy back shares of its stock. Both of these would likely have positive near-term effects on stock prices. We take a look… - RSS and News widget on Feedzilla.com
Comments(0) A pool of reporters, including DealBook’s Andrew Ross Sorkin, will be on hand at Berkshire’s annual meeting to ask questions sent in by shareholders and the public. - RSS feeds and Feed widget on Feedzilla.com
Comments(0) There’s the $8,000 federal tax credit for first-time home buyers. And now California has upped the ante, offering a tax credit worth up to $10,000 to any home buyer, first time or not, of any income level, who buys a home between March 1, 2009 and March 1,… - News widgets and RSS feeds on Feedzilla.com