Washington Mutual, Inc.
News and overview for Washington Mutual, Inc.
Google beats estimates; shares higher in premarket - MarketWatch
MarketWatch | 39 days 14 hours 5 minutes ago
Excluding special items, the company said earnings for the quarter were $5.89 a share.
Zacks Analyst Blog Highlights: Moody s, Microsoft, Fannie Mae, Freddie Mac and ExxonMobil Corporation [Press Release]
Business Wire | 25 days 5 hours 33 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: Moody’s (NYSE: MCO), Microsoft (Nasdaq: MSFT), Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE) and ExxonMobil Corporation (NYSE: XOM).
Zacks Bull and Bear of the Day Highlights: NTT DoCoMo, Embraer, JP Morgan Chase, Fifth Third Bancorp and U.S. Bancorp [Press Release]
Business Wire | 28 days 5 hours 33 minutes ago
Zacks Equity Research highlights NTT DoCoMo (NYSE: DCM) as the Bull of the Day and Embraer (NYSE: ERJ) the Bear of the Day. In addition, Zacks Equity Research provides analysis on JP Morgan Chase (NYSE: JPM), Fifth Third Bancorp (Nasdaq: FITB) and U.S. Bancorp (NYSE: USB).
Value Line, CEO, ex-compliance chief paying $45M to settle SEC charges over fund trades fees -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 20 days 1 hour 35 minutes ago
WASHINGTON (AP) — 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.
End to insurers' antitrust exemption proposed - MarketWatch
MarketWatch | 41 days 6 hours 56 minutes ago
U.S. Sen. Charles Schumer, D-N.Y., said the exemption granted to insurers under the McCarran-Ferguson Act of 1945 should be repealed in light of repeated concerns that individual insurers often have a stranglehold in major markets. The act granted exemptions to such entities as Major League Baseball and the railroads.
Verizon's quarterly earnings drop 10% - MarketWatch
MarketWatch | 29 days 14 hours 5 minutes ago
In the quarter ended Sept. 30, the New York-based phone company said net income totaled $2.89 billion, or 41 cents a share. That was down from $3.20 billion, or 59 cents a share, in the year-ago quarter.
OTS chief doesn't expect quick financial overhaul
Miami Herald, The | 3 hours 19 minutes ago
WASHINGTON -- A top bank regulator is throwing cold water on a financial overhaul plan the Obama administration wants to see passed quickly.
Obama's financial overhaul plan doesn't concern bank regulator facing elimination
Star Tribune (Minneapolis-St. Paul, Minn.) | 3 hours 52 minutes ago
WASHINGTON - A top bank regulator is throwing cold water on a financial overhaul plan the Obama administration wants to see passed quickly.
FBR Capital Markets Corporation Announces Secondary Offering of Common Stock [Press Release]
PRNewswire | 35 days 1 hour 2 minutes ago
...Markets, and Barclays Capital Inc. are joint book-running...Investment Management, Inc., and mutual funds are provided by FBR Fund Advisers, Inc.; both companies are subsidiaries...is headquartered in the Washington, D.C. metropolitan area...
Morningstar: Mutual fund assets surge in 3Q, but American Funds still saw outflows
InvestmentNews | 42 days 3 hours 33 minutes ago
While the third quarter proved to be a big comeback month for inflows into open-ended mutual funds overall, one mutual fund behemoth continued to bleed assets, according to a report today from Morningstar Inc.
Verizon profit falls 10%, but wireless strong - MarketWatch
MarketWatch | 29 days 14 hours 50 minutes ago
VZ
Washington Post's 'Mariano Rivera' saves the day MarketWatch First Take - MarketWatch
MarketWatch | 25 days 12 hours 23 minutes ago
The Post said it earned $17.1 million, or $1.81 a share, on $1.14 billion in revenue, compared with $10.4 million, or $1.08 a share, on $1.12 billion, in revenue in the third quarter of the previous year.
Cisco to buy Starent Networks for $2.9 billion - MarketWatch
MarketWatch | 42 days 12 hours 59 minutes ago
Nasdaq Composite up 2.34 points at 2,141.48
SCOLR Pharma, Inc. Appoints Stephen J. Turner as CEO [Press Release]
PRNewswire | 85 days 10 hours 31 minutes ago
SCOLR Pharma, Inc. Appoints Stephen J...FirstCall/ -- SCOLR Pharma, Inc. announced the appointment...terminated on August 28 by mutual agreement. Dr. Morra... Based in Bothell, Washington, SCOLR Pharma, Inc. is a specialty pharmaceutical...
Liberty Mutual Quarterly Profit Surges to $265 Million on Fewer Hurricanes
Bloomberg | 28 days 10 hours 50 minutes ago
Oct. 27 (Bloomberg) -- Liberty Mutual Group Inc., the policyholder-owned insurer that purchased Safeco Corp. last year, said profit surged on fewer weather-related claims costs.
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 |