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Wachovia Corporation News

News on Wachovia Corporation continually updated from thousands of sources around the net.

8 hrs ago | InvestmentNews

Wachovia eyed for auction rate securities

“Further review and inquiry is anticipated by the regulatory authorities, and Wachovia will cooperate fully”

Wachovia Corp. has confirmed that its Wachovia Securities LLC business and other affiliates have received inquiries from the SEC and state regulators regarding auction rate securities, according to a filing ... via InvestmentNews

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Monday | Fox News

Wachovia Gets Subpoenas From DoJ, SEC

Durable goods are just that: hard goods; they don't wear out quickly and can be used over and over again for at least several years. via Fox News

1 comment

Sunday May 11 | Baltimore Business Journal

Analysts: Wachovia could split CEO-chairman roles

Baltimore Business Journal - by Will Boye Charlotte Business Journal Angry shareholders who want to see Wachovia Corp. via Baltimore Business Journal

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Friday May 9 | Hampton Roads Daily Press

Wachovia nearly doubles first quarter loss

Wachovia Corp. said Tuesday it is nearly doubling previously reported losses for the first quarter after reviewing its portfolio of bank-owned life insurance. via Hampton Roads Daily Press

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Wednesday May 7 | ClipSyndicate

VIDEO: Investment Strategies: Carnival Corp., Wachovia Corp., Janus Capital Group

Analysis and Discussion with Charles Bobrinskoy of Arial Investments via ClipSyndicate

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Tuesday May 6 | MarketWatch

Legg Mason swings to loss, plans $1 billion equity offering

“In our view, this was the worst quarter delivered by an asset manager possibly ever”

Legg Mason Inc. posted its first quarterly loss as a public company in what its chief executive said was among the toughest periods it has ever seen, as the investment manager also announced plans to raise $1 ... via MarketWatch

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Tuesday May 6 | Earth Times

Wachovia restates, nearly doubles loss

Wachovia Corp , the fourth-largest U.S. bank, on Tuesday nearly doubled its previously reported first-quarter loss because of a write-down on three contracts in a bank-owned life insurance portfolio. via Earth Times

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Related Topix: Banking, Financial Services

Monday May 5 | Residential Real Estate

C.C. Myers delays auction of Winchester development

Sacramento Business Journal - by Michael Shaw Staff writer Photo courtesy of Winchester Country Club An auction of the golf course, country club and unsold lots at Winchester Country Club has been delayed until ... via Residential Real Estate

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Saturday May 3 | Fool.com

Weird Financial News

Lest you focus just on the more serious stories in the financial press, such as Wachovia 's financial woes or Fed Chairman Ben Bernanke's financial fixes , here's a brief recap of some of the more unusual ... via Fool.com

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Thursday May 1 | STLtoday

Wachovia may take $1 billion charge tied to leases

“This is no less than a devastating loss”

Wachovia Corp. says it will take a charge of $800 million to $1 billion tied to leasing transactions that Wachovia and other banks had been using as a tax write-off. Wachovia on Wednesday said a court of ... via STLtoday

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Related Topix: Banking, Financial Services

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