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Top Five U.S. Banks Mark the Worst First-Half Since 2008 – VALE, CHK, FCX

Top Five U.S. Banks Mark the Worst First-Half Since 2008 – VALE, CHK, FCX

July 20, 2012 at 12:49 pm 0 comments

The five leading U.S. banks witnessed the worst start to a year since 2008 and shockingly they are still telling investors to be patient. The combined revenue of Morgan Stanley (NYSE:MS), JPMorgan Chase & Co. (NYSE:JPM), Citigroup (NYSE:C), Bank ofRead More

Financial Results: Google Inc (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), SanDisk (NASDAQ:SNDK) and Advanced Micro Devices, Inc. (NYSE:AMD)

Financial Results: Google Inc (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), SanDisk (NASDAQ:SNDK) and Advanced Micro Devices, Inc. (NYSE:AMD)

July 20, 2012 at 12:44 pm 0 comments

Google Inc (NASDAQ:GOOG) and Microsoft Corporation (NASDAQ:MSFT) both appear up today after quarterly adjusted profits from the search engine and the software marker each came in ahead of projection. For the second-quarter 2012, Google’s adjusted profit was $10.12 a share,Read More

5 Banks Ready to Reduce Staff: Citigroup (NYSE:C), Morgan Stanley (NYSE:MS), Deutsche Bank (NYSE:DB), Goldman Sachs Group (NYSE:GS) and Bank of America (NYSE:BAC)

5 Banks Ready to Reduce Staff: Citigroup (NYSE:C), Morgan Stanley (NYSE:MS), Deutsche Bank (NYSE:DB), Goldman Sachs Group (NYSE:GS) and Bank of America (NYSE:BAC)

July 20, 2012 at 12:09 pm 0 comments

Citigroup Inc. (NYSE:C) and Morgan Stanley (NYSE:MS) are included in the list of Wall Street firms planning to lay off workers, as first-half revenues moved down for a third straight year. Morgan Stanley is expected to cut 700 jobs inRead More

American International Group, Inc. (NYSE:AIG) Adds Home-Loan Insurance Business; Rival CEO Says it Makes No Sense

American International Group, Inc. (NYSE:AIG) Adds Home-Loan Insurance Business; Rival CEO Says it Makes No Sense

July 19, 2012 at 3:12 pm 0 comments

This article covers some of the hot topics and today’s headlines including; home loans, mortgage rates, agriculture, jobless claims, earnings, the technology sector and oil prices. Home Loans The number of older Americans who have lost their homes has alreadyRead More

Effectively Managing Debt and Repaying Home Loans Sooner Can Lead to Financial Success

Effectively Managing Debt and Repaying Home Loans Sooner Can Lead to Financial Success

July 19, 2012 at 2:44 pm 0 comments

Are you worried about how to effectively manage debts and pay off home loans as soon as possible? Some effective methods and procedures have recently been provided by Members Alliance, a leading financial services business in Australia, which could helpRead More

Morgan Stanley (NYSE:MS) Versus Citigroup Inc. (NYSE:C) and Goldman Sachs Group, Inc. (NYSE:GS)

Morgan Stanley (NYSE:MS) Versus Citigroup Inc. (NYSE:C) and Goldman Sachs Group, Inc. (NYSE:GS)

July 19, 2012 at 2:23 pm 0 comments

Morgan Stanley (NYSE:MS) is under pressure today after the sixth-biggest U.S. bank posted a 50 percent fall in net income which was higher than analysts estimated, as revenue from trading stocks and bonds moved down. Profit for the second-quarter 2012Read More

Fifth Third Bancorp (NASDAQ:FITB) Reports In-Line Profit But Misses Revenue Forecast – (C, AXP, JPM, NTRS, BAC, PNC, BLK)

Fifth Third Bancorp (NASDAQ:FITB) Reports In-Line Profit But Misses Revenue Forecast – (C, AXP, JPM, NTRS, BAC, PNC, BLK)

July 19, 2012 at 12:03 pm 0 comments

Fifth Third Bancorp (NASDAQ:FITB) has recently posted second quarter 2012 profit of $385 million, as compared to profit of $430 million in the starting three months of 2012 and profit of $337 million in the second quarter of 2011. NetRead More

Apple Inc. (AAPL) Facing Counterclaims By HTC Over Recently Purchased Patents

Apple Inc. (AAPL) Facing Counterclaims By HTC Over Recently Purchased Patents

July 18, 2012 at 2:53 pm 0 comments

On Tuesday, it was reported that HTC is carrying out counterclaims against tech industry giant Apple Inc. (NASDAQ:AAPL) over two HP patents that the Taiwanese smartphone manufacturer recently bought to boost its arsenal in a legal war with the company.Read More

The Federal Housing Administration Plans To Double Previously Announced Bulk Home Loan Sales

The Federal Housing Administration Plans To Double Previously Announced Bulk Home Loan Sales

July 18, 2012 at 2:40 pm 0 comments

The Federal Housing Administration has decided today that it will start accepting applications from investors who wish to buy delinquent home mortgages, thousands in number, and that it would raise the earlier declared offering of those loans to nearly double.Read More

MBA Weekly Survey: U.S. Home Mortgage Applications Advance 17%

MBA Weekly Survey: U.S. Home Mortgage Applications Advance 17%

July 18, 2012 at 2:32 pm 0 comments

The overall number of applications filed for U.S. home mortgages last week rose 17% as mortgage rates dropped to the lowest on record, the Mortgage Bankers Association said Wednesday. The refinance index moved up 22% as compared to the priorRead More