PhillyDeals Archive: September, 2008

Stocks plunge as $700B bank rescue fails in U.S. House

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The vote against the bank bailout in the House of Represenatives: 205 yea, 228 nay. U.S. avoids "slippery slope to socialism," says... Read more

Sovereign loses most of its value

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"The biggest problem now is a lack of confidence," said Rick Weiss, analyst at Janney Montgomery Scott, which had rated Sovereign... Read more

Comcast faces weak consumers, strong competitors: analyst

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"Comcast is far from immune as consumers 'tighten their belts,'" writes Oppenheimer & Co. telecom analyst Timothy Horan and his... Read more

Citigroup, sore at Mets loss, slights Philly

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Citigroup's investor presentation and media release names seven metro areas where its takeover of Wachovia Bank branches will make it a dominant... Read more

Citigroup Center or Wachovia Center?

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Comcast-Spectacor officials were meeting with their lawyers this morning, reviewing the likely impact of Citigroup's purchase of part of Wachovia... Read more

Citigroup to buy Wachovia branches, loans, deposits: FDIC

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The Federal Deposit Insurance Corp. says Citigroup is buying Wachovia's banking operations. FDIC statement here. That will make New York-based... Read more

British, Dutch, UK bank bailouts today

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Things are tough all over: "European governments stepped in to rescue Fortis, Bradford & Bingley Plc, and Hypo Real Estate Holding... Read more

Does Wachovia really have to sell? No, says analyst

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NOTE: Overtaken by events! See later posts. "The outcome of the proposed government bailout is a potential wildcard for (Wachovia's) stock... Read more