Washington Mutual, Inc.
News and overview for Washington Mutual, Inc.
Motorola reportedly eyes sale of networks unit - MarketWatch
MarketWatch | 13 days 15 hours 9 minutes ago
When it was launched a year ago, the Blackberry Bold was big on features but short on style. WSJ's Katie Boehret says the newer model is sleeker and more compact, while retaining many of the same features.
Zacks Analyst Blog Highlights: JP Morgan Chase, U.S. Bancorp, Zions Bancorp, SunTrust Banks and PNC Financial [Press Release]
Business Wire | 14 days 11 hours 19 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: JP Morgan Chase (NYSE: JPM), U.S. Bancorp (NYSE: USB), Zions Bancorp (Nasdaq: ZION), SunTrust Banks (NYSE: STI) and PNC Financial (NYSE: PNC).
Zacks Analyst Blog Highlights: U.S. Bancorp, JP Morgan Chase, Fifth Third Bancorp, Zions Bancorp and SunTrust Banks [Press Release]
Business Wire | 21 days 11 hours 19 minutes ago
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: U.S. Bancorp (NYSE: USB), JP Morgan Chase (NYSE: JPM), Fifth Third Bancorp (Nasdaq: FITB), Zions Bancorp (Nasdaq: ZION) and SunTrust Banks (NYSE: STI).
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Times-Picayune (New Orleans), The | 9 hours 38 minutes ago
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Zacks Bull and Bear of the Day Highlights: Pozen, Inc., Hain Celestial, Equity Residential, Fannie Mae and Freddie Mac [Press Release]
Business Wire | 43 days 12 hours 19 minutes ago
Zacks Equity Research highlights Pozen, Inc. (Nasdaq: POZN) as the Bull of the Day and Hain Celestial (Nasdaq: HAIN) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Equity Residential (NYSE: EQR), Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE).
Dimon sees need for systemic regulator - MarketWatch
MarketWatch | 28 days 13 hours 5 minutes ago
"Everyone should be allowed to fail," Dimon told attendees at the annual meeting of Wall Street's biggest trade group The Securities Industry and Financial Markets Association. "But," he added, "you don't want a failure to hurt the country."
Value Line, execs paying $45M to settle with SEC - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 20 days 8 hours 20 minutes ago
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Value Line, execs paying $45M to settle with SEC - National Business - MiamiHerald.com
Miami Herald, The | 20 days 7 hours 58 minutes ago
WASHINGTON -- Investment adviser Value Line Inc., its CEO and its former compliance chief have agreed to pay about $45 million to settle regulators' allegations the firm charged more than $24 million in bogus commissions on mutual fund trades.
Glass-Steagall revisited -- and rightly rejected MarketWatch First Take - MarketWatch
MarketWatch | 34 days 20 hours 10 minutes ago
Volcker carries clout of course not just because he's a still-respected ex-Fed chief -- a certain other one that rhymes with Beanclan can't say that -- but because President Obama and his administration listen to him. See link to New York Times story.
Value Line, Officials to Pay Nearly $45 Million to Settle SEC Case
Wall Street Journal, The | 20 days 9 hours 54 minutes ago
WASHINGTON -- New York investment adviser Value Line Inc., its chief executive and former chief compliance officer on Wednesday settled charges with the Securities and Exchange Commission over claims that they charged more than $24 million in bogus brokerage commissions on mutual-fund trades funneled through Value Line's affiliated broker dealer, Value Line Securities Inc.
Credit costs high, to remain elevated: J.P. Morgan - MarketWatch
MarketWatch | 41 days 19 hours 58 minutes ago
Nonperforming assets rose 16% on a quarter-over-quarter basis. See full story.
Cost cuts, rate hikes boost UnitedHealth's profit - MarketWatch
MarketWatch | 35 days 19 hours 48 minutes ago
The average estimate of analysts polled by FactSet Research had been for the company to earn 77 cents a share on revenue of $21.54 billion.
Supreme Court case to test funds' fee structure
Reuters | 25 days 4 hours 48 minutes ago
BOSTON/WASHINGTON (Reuters) - The $11 trillion mutual fund industry, which handles much of the nation's retirement savings, is about to get some rare public scrutiny on how it charges fees to many small investors.
Caribou Coffee Realigns Leadership Team [Press Release]
Business Wire | 29 days 15 hours 17 minutes ago
Caribou Coffee, the second largest coffee chain in the United States, is pleased to announce the promotion of Daniel E. Lee to secretary, senior vice president and general counsel of Caribou Coffee, and the appointment of Dan Hurdle to the role of senior vice president, retail operations and product management of Caribou Coffee.
Comerica posts quarterly loss per share after TARP - MarketWatch
MarketWatch | 35 days 22 hours 17 minutes ago
CMA
Company Overview
| Company: | Washington Mutual, Inc. |
|---|---|
| Industry: | Superregional Banks |
| Website: | http://www.wamu.com |
Washington Mutual (WaMu) offers consumer and commercial banking services through about 2,200 bank branches in the West, New York, Connecticut, and major US metropolitan areas. Once one of the largest originators and servicers of residential mortgages in the country, WaMu was brought low by its mortgage operations. The bank exited the subprime business after the 2007 housing bust and subsequent epidemic of loan defaults, but it was too late. In the largest bank collapse in US history, WaMu failed in 2008 and was acquired by JPMorgan Chase for $1.9 billion. JPMorgan plans to eventually phase out the WaMu brand.
Key Numbers
| Sales in U.S. Dollars (mil.) | 25,531 (2008) |
|---|---|
| One-year % Growth in Sales | 0.0 (2008) |
| Net Income in U.S. Dollars (mil.) | 0 () |
| One-year % Growth in Net Income | 0.0 () |
| Number of Employees | 49,403 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |