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Treasury Secretary Henry Paulson spent another day stumping for the U.S. banking system, declaring Tuesday that his top priority was ensuring "stability and confidence in our markets and financial institutions." ...more
July 23, 2008
Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. ...more
July 23, 2008
Shares of WellCare Health Plans soared today, a day after the company said it was restating more than three years' worth of financial statements due to accounting errors. At noon, the stock stood at $38.47, up $9.24 or 32 percent from Monday's close of $29.23. A Bloomberg News report quoted a Wachovia Securities analyst crediting the spike to the small size of the restatement. ...more
July 22, 2008
Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations. ...more
July 22, 2008
Spring Hill's fastest-growing retail center has doubled its lineup. ...more
July 20, 2008
Securities regulators from several U.S. states on Thursday raided the St. Louis headquarters of Wachovia Securities, seeking documents and records on the company's sales practices. ...more
July 18, 2008
Last year, Projects of Pasco distributed free school supplies to 1,286 children in Dade City, Zephyrhills, Wesley Chapel and Land O' Lakes. The group is kicking off its fifth year of working to ensure east and central Pasco County youngsters are prepared for school. ...more
July 18, 2008
Customers storming George Bailey's building and loan in the 1946 classic "It's a Wonderful Life" might seem more likely today, given the run on California-based IndyMac this week. ...more
July 17, 2008
On his first day as the new CEO of Wachovia Corp., Robert Steel saw the stock tumble to a 17-year low and faced questions about his ability to rescue the nation's fourth-largest bank from its own missteps and the roiling credit market. ...more
July 11, 2008
Kim had finished his rookie year on the PGA Tour with only a reputation, and not the kind a 22-year-old needed. No one questioned his talent, only his temper. He often spoke without thinking, and he spent more time soaking up the night life than working on his day job. ...more
July 10, 2008
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