Financial News

Current Mortgage Interest Rates Change Today  – (STI, BAC, CIT, IVR, NSM)

Current Mortgage Interest Rates Change Today – (STI, BAC, CIT, IVR, NSM)

July 27, 2012 at 11:57 am 0 comments

Increased investors confidence has driven stocks and mortgage interest rates to move higher today. SunTrust Banks, Inc. (NYSE:STI) lifted their loans rate while Bank of America Corp (NYSE:BAC) reduced their conventional lending rate. The average interest rate on 30-year fixed-rateRead More

NASDAQ Up For The First Time After Apple Inc.’s (AAPL) Weak Earnings, Investors Awaiting Facebook Inc (FB) Report – AKAM, SIRI, QQQ, BA, CAT, ZNGA

NASDAQ Up For The First Time After Apple Inc.’s (AAPL) Weak Earnings, Investors Awaiting Facebook Inc (FB) Report – AKAM, SIRI, QQQ, BA, CAT, ZNGA

July 26, 2012 at 4:41 pm 0 comments

The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) is up today and has added E2open, Inc. on the NASDAQ Global Market trading list. E2open, is a provider of cloud-based, on-demand software solutions to be used for collaborative execution across global trading networks,Read More

67% S&P 500 Companies Beats Estimates; Sprint Nextel’s (NYSE:S) Strong Rally And Apple Inc. (NASDAQ:AAPL) Struggles To Regain $600 Mark – C, S, WDC

67% S&P 500 Companies Beats Estimates; Sprint Nextel’s (NYSE:S) Strong Rally And Apple Inc. (NASDAQ:AAPL) Struggles To Regain $600 Mark – C, S, WDC

July 26, 2012 at 4:34 pm 0 comments

So far in this earnings season, out of the total 215 companies in the S&P 500 that have released results, about 67% have surpassed Wall Street’s estimates, according to S&P Capital IQ. Most recently analysts predicted overall S&P 500 second-quarterRead More

No Decliner Among Dow’s 30 Components; The Home Depot, Inc. (NYSE:HD) And 3M Co (NYSE:MMM) Gaining Sharply

No Decliner Among Dow’s 30 Components; The Home Depot, Inc. (NYSE:HD) And 3M Co (NYSE:MMM) Gaining Sharply

July 26, 2012 at 3:57 pm 0 comments

U.S. stocks opened higher today after European Central Bank president Mario Draghi delivered pointed reminder that the bank would take any step in order to preserve the euro. Draghi was speaking at an investment conference held in London where hisRead More

Current Mortgage Rates Moves Higher On Capital Markets Hopes – (C, USB, STI, MS, SCHW, AMTD)

Current Mortgage Rates Moves Higher On Capital Markets Hopes – (C, USB, STI, MS, SCHW, AMTD)

July 26, 2012 at 1:13 pm 0 comments

Mortgage interest rates showed a major shift today as capital markets grew more confident that the Federal Reserve will introduce new stimulus to lift the economy. While SunTrust Banks, Inc. (NYSE:STI) reduced their lending rate, Citigroup Inc. (NYSE:C) and U.S.Read More

Indonesian Oil And Gas Industry May Miss Targets, NAPE Expo Conference Next Month – (NBR, SD, PBR)

Indonesian Oil And Gas Industry May Miss Targets, NAPE Expo Conference Next Month – (NBR, SD, PBR)

July 26, 2012 at 1:08 pm 0 comments

The Indonesian government predicts state revenue from the oil and gas industry will miss its target for the first time in three years, citing worse-than-forecasted global oil price and output shortfalls. Oil and gas revenue of $33.48 billion is predictedRead More

Gold Prices Advance To Top Level In Three Weeks After Mario Draghi’s Remarks – (KGC, ABX, GG)

Gold Prices Advance To Top Level In Three Weeks After Mario Draghi’s Remarks – (KGC, ABX, GG)

July 26, 2012 at 1:05 pm 0 comments

The price of gold jumped to three-week highs at $1620 an ounce on Thursday after European Central Bank (ECB) President Mario Draghi said the central bank was prepared to take any step to save the euro, lifting the single currencyRead More

Bankrate.com Survey Reveals Mortgage Rates Hit Another New Record Low – (IVR, NSM, CIT)

July 26, 2012 at 1:02 pm 0 comments

Mortgage rates are keeping their track to trend lower, with the average 30-year fixed mortgage rate hitting another new record low of 3.75 percent, data from weekly national survey by Bankrate.com showed. The average rate on 30-year fixed-rate mortgages hasRead More

China’s Real Estate Is on the Rise Again – (CBG, BPO, HXM)

China’s Real Estate Is on the Rise Again – (CBG, BPO, HXM)

July 26, 2012 at 12:49 pm 0 comments

Real estate market in China is on the rise again. But you might ask about how much. The number of China’s cities where housing prices have dropped reduced by half from May to June, according to recent data released byRead More

BioNJ  President Considers IPO As A Major Source For Cash – (ARNA, QCOR, IBIO, GE, STEM)

BioNJ President Considers IPO As A Major Source For Cash – (ARNA, QCOR, IBIO, GE, STEM)

July 26, 2012 at 12:36 pm 0 comments

For biotech companies it is now easy to go public after the federal JOBS Act, but the head of the state’s biotech group said the result of Morristown-based Durata Therapeutics Inc (NASDAQ:DRTX) market debut last week is giving other NewRead More