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Stocks slid on Tuesday as investors paused to reassess the likely success of the government's latest plans to clean up bank balance sheets and revive the financial system, a day after initial euphoria over the plan drove huge gains.

Wall Street was poised for a lower open on Tuesday the day after markets surged, as investors assessed a raft of recent moves to shore up the struggling economy and soft oil prices weighed on energy shares.

Stock index futures pointed to a lower open on Tuesday the day after markets surged, as investors assessed a raft of recent moves to shore up the struggling economy, while lower oil prices weighed on energy shares.

U.S. stock index futures pointed to a lower opening on Wall Street on Tuesday, following the previous session's sharp rally fueled by better than expected housing data and by Washington's plan to help banks get rid of troubled assets.

Goldman Sachs Group Inc and China's ICBC have been in discussions the New York bank to reduce its stake in the world's largest financial institution, according to a report on Tuesday.

It has been nearly six months. Under the Bush administration in October of 2008, the Federal government approved $700 billion that gave the U.S. Treasury the leeway to buy toxic assets directly from financial companies.

Longtime Bank of America Corp shareholder Jerry Finger launched on Monday his formal campaign to strip Chief Executive Kenneth Lewis of his job as chairman, saying the bank took too much risk by acquiring Merrill Lynch & Co.

Stocks surged around 7 percent on Monday after the Obama administration detailed a plan to purge toxic assets from bank balance sheets, fueling optimism about a revival in bank lending and driving double-digit gains in financial shares.

Stocks surged around 7 percent on Monday after the Obama administration detailed a plan to purge toxic assets from bank balance sheets, fueling optimism about a revival in bank lending and driving double-digit gains in financial shares.

Stocks climbed on Monday after the Obama administration revealed details of a plan to purge toxic assets from bank balance sheets, fueling optimism about a revival in bank lending and lifting financial shares.

U.S. stocks jumped more than 4 percent on Monday after long-awaited details from the Obama administration on its plan to remove distressed assets from bank balance sheets fueled optimism it will spark a revival in lending, driving up financial shares.

Stocks rose on Monday after the U.S. government released the highly anticipated details of a plan to clean out toxic assets from banks' balance sheets, a key part of the government's efforts to revitalize the recession-hit economy.

Proposed legislation to tax 90 percent of bonuses at companies receiving more than $5 billion in government funds is unfair, Bank of America Corp Chief Executive Kenneth Lewis said in a memo to employees on Friday.

An exodus of expertise from the natural resources sector following the collapse in commodities prices mean banks and industry could face a shortage of seasoned professionals when demand eventually recovers.

An AIG unit and Countrywide Financial Corp, now part of Bank of America Corp , have sued each other, alleging breach of contract, in a dispute over insurance losses for subprime mortgage loans now in default.

An AIG unit and Countrywide Financial Corp, now part of Bank of America Corp , have sued each other, alleging breach of contract, over a dispute about insurance losses for subprime mortgage loans now in default.

An AIG unit and Countrywide Financial Corp, now part of Bank of America Corp , have sued each other, alleging breach of contract, over a dispute about insurance losses for subprime mortgage loans now in default.

U.S. stocks fell on Friday as bank shares slid following news of a tepid debut of a key U.S. Federal Reserve measure to revive lending.

Stocks were little changed on Friday as financial shares fell after the tepid debut of a Federal Reserve measure to revive lending, offsetting investors' bets that mergers could heat up after reports IBM was in talks to buy rival Sun Microsystems.

Bank of America Corp was involved in accounting for fourth-quarter writedowns at Merrill Lynch & Co before it acquired the brokerage firm, the Financial Times reported on Thursday.

Bank of America Corp was involved in accounting for fourth-quarter writedowns at Merrill Lynch & Co before it acquired the brokerage firm, the Financial Times reported on Thursday.

By Grant McCool

Stocks headed for a higher open on Thursday as resurgent oil prices lifted energy shares and sentiment was underpinned by optimism about the Federal Reserve's push to lower borrowing costs.

Stock futures signaled Wall Street would rise at the open on Thursday as rising oil prices boosted energy shares and sentiment was underpinned by optimism about the Federal Reserve's bid to lower borrowing costs.

The names of 200 highest bonus earners at Merrill Lynch & Co last year are not a trade secret and can be made public in an investigation by New York's top legal officer, a judge ruled on Wednesday.

Shares of Bank of America Corp and Citigroup Inc powered to multiweek highs on Wednesday on optimism over government efforts to stimulate lending.

Bank of America Corp and Citigroup Inc shares have roughly tripled from the multi-decade lows of less than a month ago and powered higher on Wednesday on optimism government efforts to stimulate lending might boost stocks after punishing recent declines.

Bank of America Corp and Citigroup Inc shares have roughly tripled from multi-decade lows set less than a month ago, and powered higher on Wednesday on speculation their recent punishing declines might have been too severe.

Bank of America Corp and Citigroup Inc shares have roughly tripled from multi-decade lows set less than a month ago, and powered higher on Wednesday on speculation their recent punishing declines might have been too severe.