Judge hears arguments in WaMu bankruptcy

Posted by Financial Service News on May 20th, 2009

A Delaware bankruptcy judge declined Wednesday to rule immediately on a request by Washington Mutual Inc.

Fifth Third plans $750 million stock offer

Posted by Financial Service News on May 20th, 2009

Fifth Third Bancorp said Wednesday it will sell no more than $750 million in common stock as part of the company's commitment to add a $1.1 billion infusion after the government's stress test showed the bank needed a buffer to withstand losses.

In-Depth Look - SEC Ceding Powers

Posted by Financial Service News on May 20th, 2009

Interview and discussion with Arthur Levitt the Senior Advisor of the Carlyle Group.

Female bikers join Harley-Davidson for Women Ridersa Month

Posted by Financial Market News on May 20th, 2009

The first weekend in May saw women riders around the world banding together to share the open road, as well as flocking to new rider training courses around the country to help establish a world record--all to kick start Women Riders Month.

Harley-Davidson's Women Riders Month kicked-off with two special events in New York City and Milwaukee respectively in honor of International Female Ride Day on May 1, which was founded by Vicki Gray of Motoress.com to celebrate the millions of women who have already grabbed life by the handlebars. Nearly 100 female motorcycle enthusiasts, including Karen Davidson, the great-granddaughter of one of the Motor Company's founders, as well as trainer and life coach Jillian Michaels, attended an International Female Ride Day party near New York City. Country music singer Krista Marie led nearly 300 women on a special ride from Miller Park to the Harley-Davidson Museum in Milwaukee.

Regions to raise $1.25B in stock offering

Posted by Financial Service News on May 20th, 2009

Regions Financial Corp. plans to raise $1.25 billion in a stock offering to help meet the federal government's demands to raise more capital if the economy worsens.

Election commission dismisses claims vs Wal-Mart

Posted by Financial Service News on May 20th, 2009

The Federal Election Commission has dismissed a complaint by labor groups that accused Wal-Mart Stores Inc.

Harmed AIG investors to get $843m

Posted by Financial Service News on May 20th, 2009

A federal court has approved the distribution of more than $843 million to harmed investors at insurer American International Group , the US Securities and Exchange Commission said yesterday.


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