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Australian Banks No Longer Provide Home Loans On 100% – (WFC, C, USB, JPM, CS, SPWR)

Australian Banks No Longer Provide Home Loans On 100% – (WFC, C, USB, JPM, CS, SPWR)

August 13, 2012 at 1:03 pm 0 comments

Four years following the economic recession hit, Australian banks no longer provide loans valued at 100 percent of the value of the property, indicating that tighter lending standards continue to stay for borrowers. Financial comparison site RateCity released a reportRead More

Weak New Products Sales Is Not The Only Factor Hurting The Pharmaceutical Industry  – (PFE, BMY, MRK, LLY, JNJ)

Weak New Products Sales Is Not The Only Factor Hurting The Pharmaceutical Industry – (PFE, BMY, MRK, LLY, JNJ)

August 13, 2012 at 1:01 pm 0 comments

In the pharmaceutical industry, Generic rivalry and scarce new product sales are not the only factors slowing performance in the current year. More challenges include EU and Japan pricing pressure as well as depressing currency trend. In fact, corporate earningsRead More

Labor Department Report Reveals Many Prices For Consumer Goods Decreased Last Month – (KFT, SEE, AVP, PG)

Labor Department Report Reveals Many Prices For Consumer Goods Decreased Last Month – (KFT, SEE, AVP, PG)

August 13, 2012 at 12:57 pm 0 comments

U.S. import prices unpredictably dropped in July for the fourth month in a row as costs fell for imported oil, industrial supplies and many consumer goods, further icing inflation pressures. The Labor Department revealed on Friday that general import pricesRead More

Three Fresh iPhone Apps Updated At The Weekend – (MSFT, FB, NOK, VRNG, NUAN, BYI)

Three Fresh iPhone Apps Updated At The Weekend – (MSFT, FB, NOK, VRNG, NUAN, BYI)

August 13, 2012 at 12:47 pm 0 comments

Many developers updated their apps this weekend with three Fresh iPhone Apps including a new version of flight information app FlightTrack, an improved BiteHunter and an update to Slingshot Racer. Microsoft Corporation (NASDAQ:MSFT) will probably continue to hold its stakeRead More

Current Mortgage Rates; Large Banks Including Citigroup Inc. (NYSE:C) Made Big Changes – (BCS, UBS, ITUB, SAN)

Current Mortgage Rates; Large Banks Including Citigroup Inc. (NYSE:C) Made Big Changes – (BCS, UBS, ITUB, SAN)

August 13, 2012 at 12:38 pm 0 comments

Current mortgage interest rates fell again today as a number of large banks cut their rates sharply with some big changes seen for JPMorgan Chase & Co. (NYSE:JPM), KeyCorp (NYSE:KEY) and Citigroup Inc. (NYSE:C). The average interest rate on 30-yearRead More

Apple Inc. (NASDAQ:AAPL) Weekly News Roundup: August 10, 2012

Apple Inc. (NASDAQ:AAPL) Weekly News Roundup: August 10, 2012

August 13, 2012 at 12:26 pm 0 comments

Apple Inc. (NASDAQ:AAPL) extended its rally on Friday, ending last week in positive territory with a gain of about 1% as compared to 5.22% advance in the first week of August. So far the stock surged 53.51% for 2012 and,Read More

Chinese Buyers Delaying Their Vehicle Purchases On Hope For Stimulus Plan – (F, GM, TTM, TSLA)

Chinese Buyers Delaying Their Vehicle Purchases On Hope For Stimulus Plan – (F, GM, TTM, TSLA)

August 13, 2012 at 12:03 pm 0 comments

China’s passenger-vehicle sales fell short of analysts’ expectations for the first time in five months, as demand weakened with the economy and some consumers delayed spending in anticipation of a government motivation plan. Auto sales are weakening in the world’sRead More

U.S. Bank Loans Growth Slowed In July – (HBAN, GS, FITB, USB, STT, RF)

U.S. Bank Loans Growth Slowed In July – (HBAN, GS, FITB, USB, STT, RF)

August 13, 2012 at 11:49 am 0 comments

U.S. bank loans growth slowed in July, according to a U.S. Federal Reserve statement on Friday, ending a 10-month string of increases. Loans at Banks in the United States grew by 5.0 percent in July when compared with the sameRead More

NASDAQ Leads Fall; Microsoft (NASDAQ:MSFT) Inches Down, Facebook Inc (NASDAQ:FB) Heads For Weekly Gain

NASDAQ Leads Fall; Microsoft (NASDAQ:MSFT) Inches Down, Facebook Inc (NASDAQ:FB) Heads For Weekly Gain

August 10, 2012 at 4:14 pm 0 comments

The NASDAQ Composite Index (INDEXNASDAQ:.IXIC) was the top percentage decliner, at last check, as investor realizes that they are on a tough situation. Nick Sargen, who is a chief investment officer at Fort Washington Investment Advisors in Cincinnati, said theRead More

S&P Down But Heads For Another Weekly Gain; NVIDIA (NASDAQ:NVDA) Now Down And Seagate Technology PLC (NASDAQ:STX) Hits New High

S&P Down But Heads For Another Weekly Gain; NVIDIA (NASDAQ:NVDA) Now Down And Seagate Technology PLC (NASDAQ:STX) Hits New High

August 10, 2012 at 3:57 pm 0 comments

Wall Street is struggling today, but the S&P 500 (INDEXSP:.INX) is still on track to post its fifth weekly gain in a row. Chinese exports, which had been rising for the last couple of months, gained just 1% as comparedRead More