(NEW YORK)Six companies in the financial-services sector are being added to the Russell 1000 in this year's reconstitution of the large stock index, while 12 in the sector are being remo...READ MORE
(NEW YORK)Five companies in the financial-services sector are being added to the Russell 1000 in this year's reconstitution of the large stock index, while 12 in the sector are being rem...READ MORE
(NEW YORK)The Standard & Poor's MidCap 400 index edged up during midday trading Tuesday as a multibillion-dollar takeover offer helped offset high oil prices and other negative economic ...READ MORE
(NEW YORK)The Standard & Poor's MidCap 400 index rose in midday trading Wednesday as the broader markets reacted to news the service economy grew last month, and crude oil prices fell on...READ MORE
(NEW YORK)Shares of Colonial Bancgroup Inc. hit a 52-week low Wednesday, as a Morgan Keegan & Co. analyst lowered his 2008 profit estimate on the regional bank, mainly due to expectations fo...READ MORE
(NEW YORK)At least 10 regional banks are likely to need to raise new capital or cut their dividends in the coming year, a JPMorgan Chase & Co. research analyst wrote Monday in a client note....READ MORE
(MONTGOMERY, Ala.)Colonial BancGroup Inc. said Friday it raised net proceeds of about $333 million in the public sale of stock. The company offered 43.7 million shares for $8 apiece, including 5.7 m...READ MORE