Jump to content



Photo

A unusual move.


  • Please log in to reply
1 reply to this topic

#1 CNSZ

CNSZ

    Member

  • Traders-Talk User
  • 391 posts

Posted 13 April 2008 - 09:33 PM

Wachovia Corp. said Sunday it will move up the release of its first-quarter financial results, an announcement that closely followed a report that the nation's fourth-largest bank is about to get a multibillion-dollar cash infusion.
The Charlotte-based bank, which is struggling to digest its admittedly ill-timed purchase of mortgage lender Golden West Financial Corp., will report before the market opens Monday. The bank had been set to report its results Friday.


http://biz.yahoo.com...investment.html

#2 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

Posted 14 April 2008 - 03:47 AM

The futures are waiting at the support line for WB to announce something that might remotely hint there is some sort of improvement in the banking & loan business, another surprise would be quite dismal, I suppose...