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Spanish Plan Gets An Approval, Restricts Banks Payment Of Dividends – (BBD, DB)

Spanish Plan Gets An Approval, Restricts Banks Payment Of Dividends – (BBD, DB)

July 25, 2012 at 1:40 pm 0 comments

The European Commission has recently provided a green light for a Spanish plan to boost the capital of some of the country’s banks and said lenders getting rescue funds would not be allowed to pay dividends. The plan is forRead More

Britian’s Second Slump In Three Years Getting Worse – (ITUB, BCS, SAN)

Britian’s Second Slump In Three Years Getting Worse – (ITUB, BCS, SAN)

July 25, 2012 at 1:23 pm 0 comments

Signs of a intensifying slump in Europe increased Wednesday as Britain reported its second recession in three years is getting worse and the forecast for the German economy worsened. The reports came a day after Moody’s Investors Service reduced theRead More

21 States Asks U.S. Auto Manufacturers To Create CNG Vehicles – (F, GM, TSLA)

21 States Asks U.S. Auto Manufacturers To Create CNG Vehicles – (F, GM, TSLA)

July 25, 2012 at 12:49 pm 0 comments

Twnety-one states including Oklahoma are asking U.S. auto manufacturers to manufacture compressed natural gas vehicles for state vehicle fleets. A request for suggestions for reasonably priced and functional natural gas vehicles is part of a multistate plan declared in NovemberRead More

Dow Extends Fall After Worst Back-To-Back Drop In More Than A Month

Dow Extends Fall After Worst Back-To-Back Drop In More Than A Month

July 24, 2012 at 5:16 pm 0 comments

The Dow Jones Industrial Average (INDEXDJX:.DJI), after facing a loss of 239 points in the prior session and ending down 101.11 at 12,721.46, has lost 84.95 more today to move at 12,636.51. Together with Friday’s fall, the Dow was downRead More

S&P 500 On Track Toward Another Fall: Citigroup Inc. (NYSE:C) Down While Regions Financial Corporation (NYSE:RF) And Apple Inc. (NASDAQ:AAPL) Are Up

S&P 500 On Track Toward Another Fall: Citigroup Inc. (NYSE:C) Down While Regions Financial Corporation (NYSE:RF) And Apple Inc. (NASDAQ:AAPL) Are Up

July 24, 2012 at 5:07 pm 0 comments

U.S. stocks seem under pressure today, putting the Standard & Poor’s 500 Index on track for another decline, after the prior days’ chaos along with continuing worries over a possible bailout of Spain and the future of the euro currency.Read More

Facebook Inc’s (NASDAQ:FB) IPO Victims To Be Compensated Next Week

Facebook Inc’s (NASDAQ:FB) IPO Victims To Be Compensated Next Week

July 24, 2012 at 4:41 pm 0 comments

The boards of the Nasdaq Stock Market and the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) are preparing to introduce a compensation plan for brokerages that faced losses during the Facebook Inc (NASDAQ:FB) botched IPO. The FOX Business channel reported citing sourcesRead More

U.S. Home Prices Marks First Annual Increase And U.S. Poverty Level Near Highest Level Since 1960 – (SIRI, CMCSA, SPLS)

U.S. Home Prices Marks First Annual Increase And U.S. Poverty Level Near Highest Level Since 1960 – (SIRI, CMCSA, SPLS)

July 24, 2012 at 1:32 pm 0 comments

U.S. home prices have reached their lowest level and are on the rise, the real-estate website Zillow said in a news release on Tuesday. National home values moved up 0.2% in the second quarter as compared to the similar quarterRead More

List Of Key Pending FDA Drug Approval Decisions Between July and February 2013– (ARNA, STEM, VVUS)

List Of Key Pending FDA Drug Approval Decisions Between July and February 2013– (ARNA, STEM, VVUS)

July 24, 2012 at 1:28 pm 0 comments

An updated list of biotech and pharmaceutical companies that have pending FDA drug approval decisions for the remainder of the year and into early 2013 has been released. The calendar provides you the most important U.S. regulatory events including FDARead More

In U.K., June Mortgage-Approvals Hit Lowest Number Since 1997 – (SLM, AXP, DFS)

In U.K., June Mortgage-Approvals Hit Lowest Number Since 1997 – (SLM, AXP, DFS)

July 24, 2012 at 1:07 pm 0 comments

Last month, the number of mortgage approvals at the six largest banking groups in the UK dropped to their lowest in more than 15 years, according to a recently released high street banking report. Mortgage approvals in June were 51,610Read More

Current Mortgage Rates Faces another Fall Today – (WFC, PNC, STI, IVR, CIT, DX)

Current Mortgage Rates Faces another Fall Today – (WFC, PNC, STI, IVR, CIT, DX)

July 24, 2012 at 1:02 pm 0 comments

Mortgage interest rates faced another fall  today as banks have started making adjustments prompted by shifts in the capital markets. Wells Fargo & Company(NYSE:WFC), PNC Financial Services (NYSE:PNC), and SunTrust Banks, Inc.(NYSE:STI) were among the lenders cutting their conventional mortgageRead More