NEW YORK -(Dow Jones)- Liz Claiborne’s (LIZ) future is being questioned after the fashion retailer posted a sharply wider first-quarter loss and sees a similar performance for the current quarter as the company is stymied by a lack of customers, …
Citigroup Inc (CN) and Bank of America Corp (BAC.N) shares rallied in premarket trading ahead of the release of “stress test” results that will force them and other top banks to raise tens of billions of dollars in capital.
By David B. Wilkerson Shares of Walt Disney Co. (DIS) rose Wednesday following the company’s release of better-than-expected fiscal second-quarter results.
By sara.behunek – The Big Money Making business headlines today is the still-unofficial results of the government’s bungled stress tests, which show that Citigroup (C) may need to raise up to an additional $10 billion of fresh capital.
By Matthias Rieker and Jessica Papini Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Investors and bankers are still waiting for closure from the Federal Reserve about stress tests for banks.
By John Letzing Yahoo Inc. (YHOO) shares picked up gains Wednesday after the Web portal reported a sharp drop in first-quarter earnings that was accompanied …