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Current Mortgage Rates Higher; Citigroup Inc. (NYSE:C) And Other Giant Banks Lift Loan Rates – (WFC, SAN, USB, BCS, UBS, HBC)

Current Mortgage Rates Higher; Citigroup Inc. (NYSE:C) And Other Giant Banks Lift Loan Rates – (WFC, SAN, USB, BCS, UBS, HBC)

August 17, 2012 at 12:44 pm 0 comments

Current mortgage interest rates moved higher Friday as capital markets moved from safe-havens to stocks. BofA, U.S. Bancorp (NYSE:USB), Wells Fargo & Company (NYSE:WFC) and Citigroup Inc. (NYSE:C) all increased their conventional loan rates. The Federal Home Loan Mortgage Corp.Read More

Painful Lessons From Hot Social Media Stocks – (FB, GRPN, ZNGA, NOK, CCRT, XOM)

Painful Lessons From Hot Social Media Stocks – (FB, GRPN, ZNGA, NOK, CCRT, XOM)

August 17, 2012 at 12:36 pm 0 comments

Investors have learned some painful lessons on the impacts of supply and demand from investments in once-hot social media stocks such as Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA) and recent low hitter Groupon Inc (NASDAQ:GRPN), which analysts believe could hurtRead More

Biotech Stocks; Some Key Drug Candidates Under Review – (MDVN, ARNA, BIIB, IDIX, UTHR, GILD, ONXX, PPHM)

Biotech Stocks; Some Key Drug Candidates Under Review – (MDVN, ARNA, BIIB, IDIX, UTHR, GILD, ONXX, PPHM)

August 17, 2012 at 12:26 pm 0 comments

For the biotech industry, the FDA has a number of key decisions to make in the coming few months. Some of the most interesting drugs presently under review include Medivation, Inc. (NASDAQ:MDVN)’s enzalutamide (oncology), Biogen Idec Inc. (NASDAQ:BIIB)’s BG-12 (multipleRead More

North America Displays Top Car Purchases Since 2007 – (F, GM, TTM, TSLA)

North America Displays Top Car Purchases Since 2007 – (F, GM, TTM, TSLA)

August 17, 2012 at 12:23 pm 0 comments

North America has shown a double-digit growth in car sales so far in 2012, increasing purchases to their best not seen since 2007 in a momentum that indicates a global surge in buying, Scotiabank Economics says. So far in thisRead More

Apple Inc. (NASDAQ:AAPL) Under Attack From Samsung, Nokia (NYSE:NOK), Microsoft (NASDAQ:MSFT) And Google Inc (NASDAQ:GOOG)

Apple Inc. (NASDAQ:AAPL) Under Attack From Samsung, Nokia (NYSE:NOK), Microsoft (NASDAQ:MSFT) And Google Inc (NASDAQ:GOOG)

August 16, 2012 at 4:04 pm 0 comments

Samsung Electronics Co. yesterday launched a Galaxy Note tablet which is designed to make a more personal connection with users and take another shot at the supremacy of Apple Inc. (NASDAQ:AAPL)’s iPad. A digital pen “S Pen” has been includedRead More

NASDAQ Leads; Cisco Systems, Inc. (NASDAQ:CSCO) Jumps And Facebook Inc (NASDAQ:FB) Suffers New Low On Record – (PPHM, SINA, IDIX, MSFT)

NASDAQ Leads; Cisco Systems, Inc. (NASDAQ:CSCO) Jumps And Facebook Inc (NASDAQ:FB) Suffers New Low On Record – (PPHM, SINA, IDIX, MSFT)

August 16, 2012 at 3:48 pm 0 comments

The tech-heavy NASDAQ Composite Index (INDEXNASDAQ:.IXIC) is on top among three key indexes, ranging between 3,033.28 – 3,048.75 after Cisco Systems, Inc. (NASDAQ:CSCO) jumped on strong financial results. On the other hand, Facebook Inc (NASDAQ:FB) plunged to new low afterRead More

S&P 500 Recovers From Early Fall; Citigroup Inc. (NYSE:C) Rebounds And Agilent Technologies (NYSE:A) Suffers On Weak Outlook

S&P 500 Recovers From Early Fall; Citigroup Inc. (NYSE:C) Rebounds And Agilent Technologies (NYSE:A) Suffers On Weak Outlook

August 16, 2012 at 3:32 pm 0 comments

The S&P 500 (INDEXSP:.INX) gained after average U.S. rates on fixed mortgages increased for the third week in a row, floating slightly above record lows. Low mortgage rates have helped boost a modest housing recovery this year. Mortgage buyer FreddieRead More

Dow Gains; Cisco Systems, Inc. (NASDAQ:CSCO) On Top And Wal-Mart Stores, Inc. (NYSE:WMT) Worst Decliner – (PFE, KO, AA, GE)

Dow Gains; Cisco Systems, Inc. (NASDAQ:CSCO) On Top And Wal-Mart Stores, Inc. (NYSE:WMT) Worst Decliner – (PFE, KO, AA, GE)

August 16, 2012 at 3:29 pm 0 comments

U.S. stocks gain after some early drops following a report that new-home construction in the US declined in July, while the building permits figure moved up to the best level in four years, suggesting the industry will continue to growRead More

Tech Sector Up Along With Facebook Inc (NASDAQ:FB); Google Inc (NASDAQ:GOOG) Maintains Top Search And Sprint Nextel (NYSE:S) Breaks High

Tech Sector Up Along With Facebook Inc (NASDAQ:FB); Google Inc (NASDAQ:GOOG) Maintains Top Search And Sprint Nextel (NYSE:S) Breaks High

August 16, 2012 at 1:03 pm 0 comments

The tech sector closed in positive territory after a boost from Facebook Inc (NASDAQ:FB) shares, which rose 4% to close at $21.20, removing their declines for the week which stood at 2.8%. Mobile phone maker Nokia Corporation (ADR) (NYSE:NOK) yesterdayRead More

Current Mortgage Rates Higher After Big Changes From Major Banks – (C, PNC, WFC, JPM, KEY)

Current Mortgage Rates Higher After Big Changes From Major Banks – (C, PNC, WFC, JPM, KEY)

August 16, 2012 at 12:42 pm 0 comments

Current mortgage interest rates moved higher Thursday following some of the key banks making big changes. PNC Financial Services (NYSE:PNC) and JP Morgan were among the lenders increasing their loan products. The average interest rate on 30-year fixed-rate mortgages roseRead More