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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

Google Inc. (GOOG) Motorola Mobility Making Vital Moves to Avoid US Import Bans

Google Inc. (GOOG) Motorola Mobility Making Vital Moves to Avoid US Import Bans

July 18, 2012 at 12:42 pm 0 comments

Google Inc. (NASDAQ:GOOG) recently bought division, Motorola Mobility reported on Tuesday that it has taken steps to avoid disruption of US imports and sales of its new phones following the products were involved in violation of a Microsoft patent. TheRead More

Giants Banks Only Accepting FHA and HARP Loan Applications From Current Clients – (BAC, JPM, WFC)

Giants Banks Only Accepting FHA and HARP Loan Applications From Current Clients – (BAC, JPM, WFC)

July 17, 2012 at 3:31 pm 0 comments

The steps taken by the White House to drive extensive refinancing of mortgages for homeowners who owe higher than the value of their properties may be restricted by banks’ stretched lending capacity and their fears that the borrowers are tooRead More

Mortgage Rates: Hovering High This Week After Making All-Time Lows

Mortgage Rates: Hovering High This Week After Making All-Time Lows

July 16, 2012 at 6:15 pm 0 comments

Mortgage rates and markets keep on changing constantly.  This week data showed, Mortgage markets were improved as compared to the last week wave of global economic growth slow down and the investors thirst to find safe heaven in investments. MortgageRead More

U.S. Bancorp (NYSE:USB) Maintains Position Among Market Leaders And Moody’s Releases A Weekly Credit Outlook Report

U.S. Bancorp (NYSE:USB) Maintains Position Among Market Leaders And Moody’s Releases A Weekly Credit Outlook Report

July 16, 2012 at 2:53 pm 0 comments

U.S. Bancorp (NYSE:USB) has maintained its place as one one of the country’s market leaders over the weekend and for another time started the new week with some of the lowest home purchase and refinance mortgage rates to be foundRead More

Facebook Inc (NASDAQ:FB) Founder Mark Zuckerberg Provides New Meaning To The Phrase “The one percent”

Facebook Inc (NASDAQ:FB) Founder Mark Zuckerberg Provides New Meaning To The Phrase “The one percent”

July 16, 2012 at 2:37 pm 0 comments

Mark Zuckerberg, who is a web entrepreneur of Facebook Inc (NASDAQ:FB) and one of the world’s youngest billionaires, came up with a new meaning to the phrase the one percent. The term was popularized in 2011 when the Occupy WallRead More