November 21, 2008
Trading in Wachovia stock trading resumes after pause
Updated 1:14 p.m. After a brief halt, Wachovia Corp. shares resumed trading this afternoon. As of 12:41 p.m., the Charlotte bank's shares were down nearly 10 percent to $5.59. Citigroup and Wells Fargo are in a battle to buy Wachovia, and federal regulators also are involved in the situation. After Wachovia decided to accept a merger offer from Wells on Friday, Citi is fighting back in court,
Gap Inc. good for patient investors-analyst
CHICAGO (MarketWatch) - Gap Inc. investors with a strong sense of fortitude will be rewarded in due time, a Bank of America analyst said Monday as she upgraded the stock to a buy.
Asian markets mixed, with slight rise in Tokyo
Asian stock markets were mixed Friday as Shanghai shares defied hopes for a pre-Olympic rally, while optimism about Toyota and a stronger dollar helped Tokyo's benchmark finish slightly higher.
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