Robert L. Bagby, chairman and CEO of A.G. Edwards, will serve as its chairman. In May, Wachovia of Charlotte, N.C. agreed to purchase A.G. Edwards for $6.8 billion in cash and stock.
On Wednesday afternoon, Credit Suisse First Boston lowered its rating for UTC stock from buy to hold, saying the quarterly earnings showed revenue levels that were weaker than expected. On Thursday, however, Wachovia Securites …
NEW YORK (AP) _ Wachovia says it agreed to be acquired by San Francisco-based Wells Fargo & Co. in a $15.1 billion all-stock deal. But Citigroup now demands that Wachovia abide by the terms of its earlier deal to buy Wachovia's …
Citigroup has granted the FDIC $12 billion in preferred stock and warrants to compensate the FDIC for ... Update: Roger Ehrenberg has some choice words on Citi-Wachovia: Are we really comfortable that Citigroup’s management, which …
in its sale of $6.2 billion in Common Stock to Temasek Capital and Davis Selected Advisers Merrill Lynch & Co. in its transaction with BlackRock Inc. and in its …
Wachovia upgrades Bank of America (NYSE: BAC) from Underperform to Market Perform ... common equity …
Information about the directors and executive officers of Wachovia and their ownership of Wachovia common stock is set forth in the proxy statement, dated March 15, 2004, for Wachovia's 2004 annual meeting of shareholders, as filed with …
On Friday S&P cut its investment recommendation on Citi, Merrill Lynch, Goldman Sachs and Wachovia, along with other diversified ... the current storm’, it also cut its rating on the stock from ‘strong buy’ to ‘buy’ saying credit concerns and ...
CHARLOTTE, N.C. - On his first day as the new CEO of Wachovia Corp., Robert Steel saw the stock tumble to a 17-year low and faced questions about his ability to rescue the nation's fourth-largest bank from its own missteps and the roiling …