Citigroup Inc. revealed Monday the big earnings decline that Wall Street had been bracing for, while executives mustered up a cautiously optimistic view on the company's future performance.
From the outset, the 401(k) plan has been all about accumulating money, and when you think about your plan during your working life, you concentrate on how much to contribute and what mutual funds to invest in.
Wall Street banks made a big move Monday to shore up a key short-term financing market, but it remains to be seen whether the effort will calm investors and prevent the subprimecontagion from spreading.
With the 2008 model year now upon us, its a good time to look back at the first nine months of calendar 2007 to see who the champs and chumps are. The names may not surprise you but the amount of movement might.
Even though Mattel CEO Robert Eckert tried to pacify analysts on Monday by saying that "the recalls are behind us," in reality, those recalls are the least of its problems as the toymaker gears up for the critical holiday shopping season.
Ousted Children's Place Chief Executive Ezra Dabah said he has hired Bear, Stearns &Co. to advise him on a potential acquisition of the company in combination with unidentified private equity or strategic partners.
On an October afternoon sticky enough to pass for midsummer, Rebecca Gomez, a veteran Fox News correspondent, and her co-star Cody Willard, a former hedge fund trader who bears a passing resemblance to Shaggy from Scooby-Doo, belly up to the bar at the Bull &Bear in Manhattan's Waldorf-Astoria Hotel. The regulars look up from their martinis when Gomez shouts, "Ten minutes, everyone. This is the first hit of FBN."
