Jamie Dimon Pulls Down $17 Million on Payday for Big Bank Chiefs
Here it is! Payday for the big bank CEOs (or some of them). J.P. Morgan CEO Jamie Dimon leads the pack with stock pay valued at $17 million.
Capital One ‘Missed on Every Line Item’
Capital One shares are easing off by 6.1% in pre-market trading after a fourth-quarter earnings miss. Nomura says "results missed on every line item."
For Bank Earnings, It’s Grading on a Curve
Financial stocks are getting a lift after companies cleared a lowered bar for earnings results.
LightSquared Says Wireless Tests Were ‘Rigged’
Billionaire Phil Falcone's LightSquared wireless venture said it isn't seeking to raise fresh capital, and it bashed recent FCC tests that found the startup wireless network interfered with GPS devices.
David Einhorn Goes Long on Xerox, Closes Windfall Short in First Solar
David Einhorn's Greenlight Capital Inc. bought Xerox Corp. and Dell Inc. shares during the fourth quarter and cashed in its bet against First Solar Inc., delivering returns that helped it eke out modest gains for the year.
Justice Department Taking a Long Look at Martin Marietta-Vulcan Offer
Vulcan Materials Co. said the Department of Justice has requested additional information regarding its facilities and operations in 15 states as regulators look into its possible takeover by rival Martin Marietta Materials Inc.
American Airlines Updates Employees on Bankruptcy Plan
American Airlines CEO Tom Horton updates his employees on the plans to rework the company's operations in bankruptcy protection. Read Horton's memo to the troops.
Memo: J.P. Morgan Shuffles Management Ranks
Read the memo from J.P. Morgan announcing a new head of its commercial bank, and a new chief risk officer.
Internal Memos: Two Goldman Trading Executives Are Leaving
Read the Goldman Sachs internal memos announced the departure of the senior executives in charge of trading.
Read the Teamsters Statement on the Hostess Bankruptcy
Read a statement from the Teamsters union about the bankruptcy filing by Twinkies-maker Hostess Brands, which employs Teamsters members.
Warren Buffett’s Diss Doesn’t Sting Stifel Analyst
Don't worry. Stifel Nicolaus analyst Meyer Shields isn't feeling sad that Warren Buffett didn't invite him to participate in the investment world's biggest party.
LIVE BLOG: MF Global Ex-CEO Jon Corzine Faces Congress
A live blog of today's House hearing into what went wrong at collapsed investment firm MF Global. Former CEO Jon Corzine makes his first public appearance since MF Global's bankruptcy filing.
