Bing

SEARCH HISTORY

That forced the bank to cut its dividend by more than 40% and to sell $8 billion in new shares—a move that served to bolster Wachovia's equity but diluted the value of existing shareholders' stock. And the amended report—which boosted the first-quarter ...
Bloomberg · 6/2/2008
Citigroup reiterated its commitment to buy most assets of the troubled Charlotte, N.C., bank despite the failure of the government's financial bailout plan. And Wachovia said it is financially healthy enough to provide support for the remaining parts of ...
Tampa Bay Times · 9/30/2008
Sullivan of the United States District Court for the Southern District of New York threw out numerous claims by stock and bond holders against Wachovia, in addition to several of its officers, directors, and auditors, which alleged that the defendants had ...
Lexology · 6/20/2011
Just two weeks ago, Wachovia CEO Bob Steel told Mad Money viewers that out of $500 billion ... After all, the CEO bought $16 million worth of Wachovia stock on the open market and never hedged with options. And Steel wasn’t at the helm when …
CNBC · 9/29/2008
Wells Fargo said it will acquire all of Wachovia's businesses, including its debt in a "stock for stock" transaction. As part of the deal, Wells Fargo, which is based in San Francisco, would gain control of all outstanding shares of Wachovia's common stock.
NPR News · 10/3/2008
Wachovia Bank, a major institution, has seen its stock plummet and its continued viability called into question, as the nation's financial crisis muddles forward. [Update: shortly after publication of this article, Citigroup agreed to purchase Wachovia's ...
American Thinker · ByEd Lasky · 9/29/2008
StarMine ranks Wachovia Securities’ telecommunications analyst Jennifer Fritzsche as the second-best stock picker in the U.S. Such honors are not new to Fritzsche; she also outscored over 3,000 analysts in 2004 and made the top 10 list, in the sixth ...
Forbes · 5/1/2007
“If you can imagine the highest years of your earning life all tied up in Wachovia stock, and to see all that go down the drain, pretty disconcerting, to say the least,” he said. “It wasn’t just United Way. It wasn’t just the bank. It was a ...
Charlotte Observer · 5/10/2014
Wachovia downgrades Sun Microsystems Inc. (Nasdaq: JAVA) to Market Perform as the stock is now trading within our valuation range. Wachovia analyst says, "Sun's stock rose sharply a week ago, following a Wall Street Journal article stating that IBM …
StreetInsider · 3/26/2009
The market value of Wachovia was about $21.6 billion as of Friday's market close, Reuters data show ... Wachovia shares closed down 27 percent at $10 on the New York Stock Exchange. They were trading around $8.50 when the Times report appeared …
Reuters · ByParitosh Bansal · 9/24/2008