Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker.
Citigroup Inc will pay U.S. regulators $75 million to settle charges that it failed to disclose $40 billion in subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.
Goldman Sachs Group Inc and Citigroup Inc will sell a $788.5 million commercial mortgage-backed security, according to a term sheet sent to investors, in the largest deal of its kind since volume began crawling back after the financial crisis.
WellPoint Inc posted higher-than-expected quarterly profit on Wednesday on better performance of its health plans for small businesses and it raised its full-year outlook, the latest in a string of strong second-quarter earnings reports for U.S. health insurers.
Office Depot Inc reported a smaller-than-expected quarterly loss on lower distribution costs and other expense controls, sending shares of the No. 2 U.S. office supplies retailer up 8 percent.
UBS flagged a return to client inflows by year-end as strong equities and currency trading gains helped it outdo Deutsche Bank and other rivals, which were hit hard by the European sovereign debt crisis.
Citigroup Inc's mobile banking software for Apple Inc's iPhone improperly stored some users' sensitive data in hidden files on the popular devices, but the bank said it has fixed the glitch.
Japan's Mizuho Financial Group Inc , Sumitomo Mitsui Financial Group and Mitsubishi UFJ Financial Group Inc are likely to have each achieved net profits of over 100 billion yen ($1.14 billion) for the April-June period, the Nikkei business daily said on Sunday.
China's banking regulator has run stress tests in the country's trust firms to see if they can withstand a downturn in the property sector, the Economic Observer reported on Saturday, citing unidentified industry sources.
Seventeen financial firms made ill-advised payments to executives totaling $1.6 billion while taxpayers were bailing them out, U.S. pay czar Kenneth Feinberg said on Friday.
Morgan Stanley , Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group , a source familiar with the matter said on Friday.
Ford Motor Co posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.
Stock index futures pointed to a flat open on Friday as another batch of solid corporate results eased fears of a worsening economy, but gains were muted ahead of European stress tests results.
Stock index futures rose on Friday, as another batch of solid corporate results, including Microsoft and Ford, along with positive economic data in Europe eased fears about the strength of a recovery.
Stock index futures rose on Friday, as another batch of solid corporate results, including Microsoft and Ford, along with positive economic data in Europe eased fears about the strength of a recovery.
Stock index futures rose on Friday, as another batch of solid corporate results, including Microsoft and Ford, along with positive economic data in Europe eased fears about the strength of a recovery.
Goldman Sachs Group Inc, JPMorgan Chase & Co and Citigroup Inc are among those Obama administration pay czar Kenneth Feinberg will cite for having made ill-advised payments, the Wall Street Journal reported on its web site on Thursday.
Caterpillar Inc reported a stronger-than-expected quarterly profit on Thursday, and raised its full-year outlook, citing continued strong sales growth in emerging markets.
Has Morgan Stanley finally turned the corner? It's starting to look that way.
Wells Fargo & Co and US Bancorp, two of the largest banks in the United States, said rising loan demand helped lift their earnings more than analysts had expected.
Wells Fargo & Co , the fourth-largest U.S. bank, posted higher-than-expected quarterly earnings, helped by declining losses on commercial and consumer loans.
Wells Fargo & Co , the fourth-largest U.S. bank, reported lower second-quarter profit, but losses on commercial and consumer loans declined from the first quarter.