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Wells Fargo & Co priced 341 million common shares at $22 per share on Friday, a source familiar with the matter said, raising a more-than-expected $7.5 billion in new equity ...

Citigroup Inc and Bank of America Corp shares rallied in premarket trading ahead of the release of "stress test" results that will force them and other top banks to raise tens of billions of dollars in capital.

The Japanese stock market shot up after a three-day public holiday, catching up on this week’s global markets rally as investors took an upbeat view of the world’s economic prospects.

Bank of America needs $34 billion in extra cash, a source familiar with U.S. government stress tests on leading banks told Reuters, unsettling markets and stoking talk of a possible asset sale in China.

NEW YORK -- Caution returned to Wall Street today ahead of results of the government's stress tests of banks.

Wall Street climbs on reports that show growth in construction spending, new home sales.

Beijing could have used the crisis as an excuse to slow market reform. Instead, it's all systems go.

Stocks climbed as companies continued to report stronger-than-forecast results, though new data offered mixed signals on an economic recovery.

General Motors Corp. will not make a $1 billion debt payment due June 1, its CFO, Ray Young, told reporters on Wednesday. Instead, it is hoping to complete a debt-for-equity exchange or be forced to resort to bankruptcy.

GM's stock plummeted on the news.

Despite better-than-expected profit at Bank of America, U.S. stocks slid lower in early trading as investors worried about earnings at non-financial companies.