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HUNTINGTON ASSET
Wealth lesson by Charlie Munger: 'The big money is not in the buying or selling, but in the waiting' The timeless wealth lesson from Warren Buffett's legendary partner 'Oracle of Pasadena'Legendary investor Charlie Munger emphasized that substantial wealth isn't found in frequent trading, but in patient waiting. His advice hi...- Huntington Bank to acquire Cadence Bank for $7.4 billion; stock fallsHuntington Bank plans to buy Cadence Bank in a big $7.4 billion stock deal. The move will help Huntington grow across southern states and r...
- Huntington Bancshares to buy Veritex in $1.9B all-stock deal, making bold Texas banking push amid U.S. regional growth raceHuntington Bancshares has announced a major move, agreeing to acquire Veritex Holdings in an all-stock deal worth $1.9 billion. This acquis...
- Moody's downgrades 10 US banks, warns of possible cuts to othersMoody's cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The agency also ch...
- US regulators to unveil plan for banks to build cash reservesRegulators in the US are set to propose a rule that could increase capital requirements for larger banks, thus forcing them to cut costs an...
- Crypto Dogecoin soaring, crashes Robinhood token tradingOther so-called altcoins also took off, with Dash spiking as much as 14% and Ethereum Classic jumping more than 30%.
- Lupin on buying spree; to acquire German company Temmler Pharma's product portfolioA day after announcing its biggest acquisition deal of $880 million, Lupin today said it will buy Germany-based Temmler Pharma's specialty ...
- Hedge funds most bullish on silver in 7 months on hope it will outperform goldInvestors' holdings are expanding toward a record on speculation silver will beat gold as central banks seek to boost growth.
- Hedge funds boost bullish bets on hopes of stimulusHedge funds raised their bullish commodity bets as mounting speculation that central banks will announce more economic stimulus halted a sl...
- Can a business-led recovery keep US above water?For months, chief executives from General Electric Co's Jeff Immelt to United Parcel Service Inc's Scott Davis have said that business inve...
- IPOs made in USA catching up with ChinaUS initial public offerings, which dried up two months ago, are now outperforming IPOs from Brazil and closing in on China.
- China IPOs fail 'trust' test on Wall StChinese cos record longest slump in five years. Shares fell an average 4.8% in their first month of trading on US stock exchanges in the la...
- Regulators close banks in Colorado, Mich, MinnRegulators have shut Warren Bank in Warren, Mich., and two small banks in Colorado and Minnesota, boosting the number of failed US banks th...
- Goldman Sachs beats Street with record earningsGoldman Sachs Group posted record earnings, beating estimates, as revenue from trading and stock underwriting reached all-time highs less t...
- Goldman Sachs, Morgan Stanley, JPMorgan to repay TARP moneyGoldman Sachs Group Inc, JPMorgan Chase & Co and Morgan Stanley applied to refund a combined $45 billion of government funds.
- Finance unit drags GE's profit down 35% to $2.8 billionGeneral Electric Co's first-quarter profit fell less than analysts estimated as demand for energy equipment and jet engines tempered the ef...
- US govt buys $159 bn worth shares in 30 American banksThe US government, under its $700-billion bailout plan, has purchased shares in 30 American banks for a total of over $ 150 billion. Slowdo...
- 110 US banks have asked for $170B from bailoutAt least 110 banks have requested more than $170 billion from the Treasury Department's rescue fund.
- P&G may sell Duracell, PringlesProcter & Gamble might raise as much as $13.5 billion selling its Duracell battery, Folgers coffee and Pringles potato chip units to buy ba...
- Crowded sky: US Air-Delta union may trigger fare warA potential merger between US Airways and Delta Air Lines would force the combined airline to shed some overlapping services, but the sale ...
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