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Market Roundup (GENZ, SNY, BP, C, BAC, MOT, AAPL, KO)
Monday, July 26, 2010 - 3:27pm | 312Bloomberg has quoted unidentified sources as saying that Genzyme (NASDAQ: GENZ) has refused the takeover offer from Sanofi-Aventis (NYSE: SNY). GENZ is, maybe, holding out for a better offer. Analyst Phil Nadeau of Cowen & Co said that it is just a matter of time, “given that Genzyme has...
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No Sympathy For Former Citigroup (C) Executives
Thursday, April 8, 2010 - 3:17pm | 121Citigroup’s (NYSE: C) former CEO, Chuck Prince, and former Chairman, Robert Rubin, publicly apologized for the financial crisis. However, this antic cut no ice with the Financial Crisis Inquiry Commission. Chuck Prince said, “Let me start by saying I'm sorry. I'm sorry the financial crisis has had...
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Citigroup (C) To Face Tough Questions From Financial Crisis Panel
Wednesday, April 7, 2010 - 8:21am | 189Current and former executives of Citigroup, Inc. (NYSE: C) may face tougher questions than they expected when they appear before a panel charged with finding the causes of the financial crisis. The Financial Crisis Inquiry Commission plans to ask very pointed questions of eight current and former...