Northern, WI 03/21/2013 (avauncer) - Federal Home Loan Mortgage Corp (OTC:FMCC) ( Current: $1.08, Up by 54.33%) has sued Bank of America Corp (NYSE:BAC) (Current: $12.78, Up by 0.55%), JPMorgan Chase & Co (NYSE:JPM) (...

Northern, WI 03/14/2013 (avauncer) - Carl Icahn, the activist investor and officials of three major U.S banks have been sued by a Herbalife Ltd (NYSE:HLF) short seller. He said that they have been aiding a deceptive pyram...

Northern, WI 03/08/2013 (avauncer) - In a significant move by CEO Steven Kandarian toward cost cutting, major global insurance player MetLife Inc. (NYSE:MET) has decided to shift employees to North Carolina from its offic...

Northern, WI 1/27/2013 (avauncer) - U.S. Securities and Exchange Commission, is focusing to initiating proceedings against bourse and traders for any “real harm to clients” because of system failures.  The regulator�...

A unit of Credit Suisse Group AG (ADR) (NYSE:CS) plans to invest in junk debts; the bank will be raising collateralized loan obligation for this purpose, a few people familiar with the transaction revealed. A CLO sale is expect...

Northern, WI 1/17/2013 (avauncer) - Shares of Dell Inc. (NASDAQ:DELL), soared 7% with the news that talks for its buyout have progressed. Silver Lake Partners, the firm behind the deal is collaborating with its major inve...

American International Group Inc. (NYSE:AIG) is filing for damages against a rescue-vehicle that the Federal Reserve Bank of New York created to rescue the bank from severe liquidity crunch during the financial crises. In a com...