Entries tagged "Regions Financial"
The latest layoff rumors and reports include Bank of America Corp., Regions Financial, Fidelity Investments and more.
Markets were down Friday on reports that the GDP dropped 3.8% in the fourth quarter and more bank bailout chatter. The Dow was down 62.21 at 8,086.80, the S&P 500 slid 7.09 to 838.05, and the Nasdaq slipped 10.53 points to 1,497.31. Financial stocks opened up mixed. ...
It was a mixed day for stocks, with the Dow ending down 27.24 points at 8,742.46, the S&P 500 up 3.08 at 909.73 and the Nasdaq gaining 17.95 points to end the day at 1,617.01. Financial stocks were mixed. ...
While Americans digested their holiday dinners, the British government took control of the Royal Bank of Scotland Group plc. But as Americans headed out on Black Friday, the 1,600 branches of Citizens Financial Group, RBS' U.S. unit, operated normally. ...
The Dow Jones Industrial Average picked up where it left off last week, falling 203.18 points to close at 8,175.77 on Monday, but there were a few diamonds in the rough. The market had a steep drop off toward the end of the session, triggered in part by news that Moody's Investors Service downgraded troubled General Motors Corp.'s credit rating deeper into junk status. GM shares fell 8.4% to close at $5.45. The automaker is reportedly seeking government funding to buy Chrysler LLC....
It's back to business for Integrity Bank of Alpharetta, which the Federal Deposit Insurance Corp. declared insolvent Friday, but under the Regions Financial Corp. banner. The Birmingham, Ala.-based bank purchased the failed Georgia bank and assumed $900 million in deposits for $9.7 million. ...
