Wachovia warns of further falls
Story date: 2007-10-19 04:23:00
Added on: 2007-10-19 17:45:57
MSNBC - Wachovia on Friday warned that the downturn in US credit markets might extend into next year as writedowns from losses on leveraged loans and mortgage-backed securities triggered a 10 per cent drop in third-quarter earnings. The fourth-biggest US ...
Read more...
Related Stories:
-
U.S. mortgage crisis claims Wachovia boss - Globe and Mail
WASHINGTON -- Wachovia Corp. insisted yesterday no one incident prompted its firing of chief executive officer Ken Thompson. But it's a safe...
2008-06-02 11:42:00 -
Wachovia CFO to step down - MSN MoneyCentral
Wachovia Corp. says Chief Financial Officer Thomas Wurtz will leave the company after a successor has been named. Wachovia will begin an...
2008-07-25 09:03:00 -
UPDATE 1-Wachovia, Capital One say credit conditions worsen
Reuters - Wachovia paid $24.2 billion last year for Golden West Financial Corp, a big California mortgage lender. Wachovia joined a growing...
2007-11-09 08:02:00 -
Wachovia, Fifth Third, KeyCorp Post Losses on Weak Home Markets - Bloomberg
July 22 (Bloomberg) -- Wachovia Corp. , Fifth Third Bancorp and KeyCorp posted second-quarter losses and Regions Financial Corp.'s profit missed analysts'...
2008-07-22 07:19:00 -
Wachovia caught in WaMu's wake (Richmond Times-Dispatch)
Wachovia Corp. did not fare well yesterday as politicians wrangled over a $700 billion bailout plan and markets reacted to the failure...
2008-09-26 10:50:52 -
Wachovia CEO: No Acquisitions in '08 (AP via Yahoo! Finance)
Wachovia Corp. chief executive Ken Thompson said Wednesday he isn't interested in growing Wachovia through a major acquisition in 2008....
2008-01-30 11:57:37 -
Wachovia CEO says no to new acquisitions (Inside Bay Area)
CHARLOTTE, N.C. — Wachovia Corp. chief executive Ken Thompson said Wednesday he isn't interested in growing Wachovia through a major acquisition in...
2008-02-01 03:27:30 -
The temptation to refinance
Athens Banner-Herald - When Wachovia markets option ARMs by direct mail, he said, "We work to be responsible in terms of what...
2007-12-28 03:54:00