SEC

Moody's Downgrades 5 Big US Banks, 9 European Banks

Moody's
Moody's Investors Service downgraded 15 global financial institutions Thursday, including five of the largest U.S. banks, nine major European banks and the Royal Bank of Canada (NYSE: RY), a move that could tighten borrowing and require the companies to post billions of additional collateral.
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ator Bernie Sanders (I-VT) is interviewed by a Reuters reporter at Sanders' office in Burlington, Vermont

JPMorgan Losses Give Boost To US Sen. Sanders' Bank Bill

The recent multibillion-dollar trading loss suffered by JPMorgan Chase & Co. (NYSE: JPM), the country's largest bank by assets, has strengthened the case against letting bank executives serve as directors of Federal Reserve regional banks and thus regulating themselves, policy makers say.
Facebook IPO: Mark Zuckerberg Celebrates With Employees As Nasdaq Begins Trading

Facebook Stock Plummets Post-IPO: 3 Ways Mark Zuckerberg Can Turn It Around

After its successful IPO on Friday, Facebook was looking forward to its second day of trading, but CEO Mark Zuckerberg won't be too pleased to learn that his company took a big tumble on the stock exchange on Monday. Facebook shares (listed as FB on the Nasdaq) fell from $38.27 to $34.03 apiece, a drop-off of about 11 percent.
Facebook founder Mark Zuckerberg speaks to a crowd of reporters and students in his first return to Harvard since dropping out in 2004.

Facebook IPO: Watch Mark Zuckerberg Ring The Nasdaq Bell Live Online

The moment is finally here: Facebook, the world's most dominant social network with 900 million-plus users, is finally ready to make its Wall Street debut. Zuckerberg will ring the opening bell at 9:30 a.m. ET, but since he will be broadcasting from Facebook remotely, NASDAQ has provided a way to watch all the proceedings occur live.
3. Warren Edward Buffett –United States

GM Shares Climb On News of Berkshire, Buffett Investment

Warren Buffett's investing powerhouse, Berkshire Hathaway Inc. (NYSE: BRK.B) took a 10 million share stake in General Motors Company (NYSE: GM) during the first quarter, an investment it disclosed Wednesday, delivering a 2.29 percent bump to car company's shares and a welcome dose of investor confidence.
Facebook, the world's biggest social network with 900 million-plus users, is finally ready to make its Wall Street debut on Friday, May 18, 2012. Facebook is clearly dominant in its industry, but buying stock so quickly might be unwise. Here are five reas

Facebook IPO Date Approaches: 5 Reasons You Shouldn't Buy Stock

Facebook, the world's biggest social network with 900 million-plus users, is finally ready to make its Wall Street debut on Friday, May 18, 2012. Facebook is clearly dominant in its industry, but buying stock so quickly might be unwise. Here are five reasons why you shouldn't go buy Facebook stock right away.
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FBI Launches Investigation Of JPMorgan Trading Losses

The FBI has opened a probe into trading losses at JPMorgan Chase & Co, stepping up the pressure on the bank after the U.S. Securities and Exchange Commission and the Federal Reserve said they were also looking into the wrong-way bets that led to the losses.
JPMorgan Chase & Co. CEO Jamie Dimon attends a session at the World Economic Forum (WEF) in Davos January 27, 2011.

JPMorgan Board Stands By Dimon; Fed Joins Probe Of Loss

As the leader of JPMorgan Chase & Co's hedging unit quit after trading losses that could end up exceeding $3 billion, the board seemed to be rallying behind CEO Jamie Dimon before the huge bank's annual shareholder meeting Tuesday.
Chesapeake campus

Carl Icahn To Reveal 'Significant' Stake In Troubled Chesapeake Energy

Shareholder activist Carl Icahn is expected to disclose his acquisition of a significant piece of Oklahoma City-based natural gas company Chesapeake Energy Corp. (NYSE: CHK), which has seen shares tumble amid a federal inquiry, a securities class-action suit and near-record-low natural gas prices. Both parties have yet to publicly confirm the deal.

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