Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
Toyota, Bank of America, Priceline, DryShips, Rockwell Automation and Activision Blizzard are among the stocks that may see active trading on Nov.8.
Morgan Stanley said a group of investors believes the bank may have sold defective mortgage bonds contained in more than $6 billion of trusts, signaling that it may face litigation over its involvement.
State attorneys general Eric Schneiderman of New York and Beau Biden of Delaware have teamed up to investigate mortgage crisis.
Stocks were little changed in choppy trading after being lower on Monday as Europe's debt problems dominated investors' concerns, with the focus heavily on Italy's political turmoil.
Stocks fell on Monday as investors stayed focused on Europe, this time on the political turmoil in debt-burdened Italy, as a reason to sell risky assets.
Bank Transfer Day -- the protest movement urging Americans to take their business out of big banks on Saturday and put it into credit unions and local banks -- is being used as a marketing opportunity by some.
World leaders on Friday identified 29 banks deemed so important to the global financial system that they require more capital and closer supervision, as well as a plan that would safeguard taxpayers should they fail.
The fall of Jon Corzine, a prominent figure with a toehold in the worlds of both finance and politics, is not only an issue for himself, but for one of the men who likely sought his advice and support on a regular basis, President Barack Obama. Perhaps more importantly, it follows a trend that has dogged the president since 2010, as, due to a variety of causes, many of the people close to Wall Street he had previously sought out have later found themselves uninvited to tea in the Rose Garden.
Bank Transfer Day Nov 5 is tomorrow, and as people across America are preparing to stick it to their financial institutions, bank stocks are taking a huge hit and credit unions are seeing a major boon.
Brookfield Office Properties, the landlord with holdings in America, Canada and Australia, including the now infamous Zuccotti Park, reported 8.2 million square feet of leasing activity following the third quarter, surpassing its record leasing levels in pre-recession 2007.
Artist Geoffrey Raymond, famous for his paintings of troubled Wall Street figures, has found his next muse in MF Global Holdings Ltd's Jon Corzine.
China's people have a clear message for their government -- don't even think of saving Europe.
Protesters shut down operations at Oakland's port and blocked traffic Wednesday in demonstrations against economic inequality and police brutality that were marred by scattered vandalism.
Bank of America Corp. employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank
Although Bank of America will drop its $5 monthly fee on debit card use that was expected to begin next year, some people have called the move a day late and a dollar short.
Prosecutors have filed a lawsuit against Allied Home Mortgage Capital Corp and its executives, Jim Hodge and Jeanne Stell, claiming that the company misled the federal Department of Housing and Urban Development (HUD) with bad mortgages.
Mortgage borrowers with homes that were foreclosed on between 2009 to 2010 will have a chance for an independent review, the Treasury Department's Office of the Comptroller of the Currency (OCC) announced on Tuesday.
Bank of America will drop its $5 monthly fee on debit card use that was expected to begin next year.
Bank of America has canceled its plans for a $5 monthly debit card fee in response to public backlash, making it the last major bank to retreat. Bank of America had proposed the fee in response to the 2010 Dodd-Frank financial regulatory bill.
With customers angry about new bank fees, credit unions have been trying to use the displeasure to gain more customers.
SunTrust Banks Inc said on Monday it planned to drop a $5 monthly debit card service fee, adding the Atlanta-based regional bank to the list of lenders dropping such maintenance fees amid rising public criticism of the industry.