Posted on Dec 31, 2008 in Online Trading
SAN FRANCISCO—-Wells Fargo & Company said today it has completed its merger with Wachovia Corporation, effective December 31, 2008, creating North AmericaĆ¢??s most extensive distribution system for financial services with 11,000 stores, 12,260 ATMs, wellsfargo.com and Wells Fargo PhoneBankSM.
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Posted on Dec 31, 2008 in Online Trading
The U.S. government on Wednesday paid out the first $4 billion in emergency loans to support General Motors Corp but a parallel rescue payment for Chrysler LLC was on hold until the new year.
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Posted on Dec 31, 2008 in Online Trading
LyondellBasell Industries, the world’s third-largest independent chemical company, said Wednesday that it its considering bankruptcy protection as a broadening recession eats away at consumer demand.
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Posted on Dec 31, 2008 in Online Trading
Stocks were set for a mixed open on Wednesday, which ends one of Wall Street’s worst years and raises hopes that a new year and fresh policy initiatives will stave off a deepening recession.
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Posted on Dec 30, 2008 in Online Trading
A prominent Wall Street economist, Hollywood actor Kevin Bacon and his wife are the latest people to have lost money on investments connected to accused swindler Bernard Madoff, according to media reports.
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