The Deal
Sunday, November 22, 
2:22 am

Bank Watch: Merger Monday

  Share     E-Mail    Discussion    Print Story
Stocks slid Monday morning as investors reacted to a series of bank failures in Europe, the announcement that Citigroup Inc. was acquiring Wachovia Corp. and concerns regarding the government's $700 billion bank bailout plan. The Dow was down 311.11 as of 9:30 a.m. - Maria Woehr

Troubled Wall Street
Prices at 9:30 am EST
Name Price at
open
Price
at 9:30am
Change Mkt cap
J.P. Morgan Chase & Co. 46.50 46.49 -1.72 160.05B
Merrill Lynch & Co. 26.18 26.26 -1.16 39.95B
Goldman Sachs Group Inc. 134.49 130.78 -7.21 51.4B
Morgan Stanley 24.78 23.32 -1.43 25.31B
Citigroup Inc. 19.57 20.17 0.02 110.16B
Fannie Mae 2.17 2.04 0.21 2.18B
Freddie Mac 2.35 2.27 0.27 1.47B
Bank of America Corp. 36.70 35.91 -0.79 163.58B
Wachovia Corp. 10.00 10.00 00 21.59B
Wells Fargo & Co. 36.00 37.10 -.21 122.43B
American International Group Inc. 3.35 3.23 0.08 8.68B
Source: The Deal

Continue reading below

Also on Dealscape





Post a comment





The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.


footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg footspacer.jpg


©Copyright 2009, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.