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VIDEO: CreXus Investment (NYSE:CXS) to Acquire Commercial Real Estate Mortgage
CreXus Investment (NYSE:CXS) announced that it has signed a definitive asset purchase agreement with Barclays Bank’s (NYSE:BCS) affiliate, Barclays Capital Real Estate, to purchase a portfolio of commercial real estate assets. The closing of the transaction is subject to the completion of certain conditions, including the successful completion of a common stock offering by CXS […]
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Seven Stocks Swing on Attractive Move: H & R Block, Infosys, United Parcel Service, FedEx, athenahealth, The Wendy’s, Barclays
H & R Block Inc (NYSE:HRB) decided to sell the assets and liabilities of H&R Block Bank to Republic Bank as well as Trust Co., permitting the tax-preparation firm to exit the banking business. India’s Infosys Ltd ADR (NYSE:INFY) upholder its estimate of 6 percent to 10 percent revenue growth in dollar terms for the […]
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Why Bears Stands At Financial Stocks? JPMorgan Chase, Wells Fargo, UBS AG, Barclays PLC, HSBC Holdings, American International Group, General Electric Company, Kayne Anderson MLP Investment
Financial stocks were dropped on Wednesday following a surprise decrease in exports by China as well as in front of the announce of the Federal Reserve’s minutes from the newest policy-meeting. JPMorgan Chase & Co. (NYSE:JPM) was dropped 0.6% and Wells Fargo & Co (NYSE:WFC) was dropped around 2%, earlier than they declared Q2 earnings […]
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S&P Cuts Rating Financials Stocks: Barclays, Credit Suisse, Deutsche Bank, Credit Suisse, HSBC Holdings
Barclays PLC (ADR) (NYSE:BCS), Deutsche Bank AG (USA) (NYSE:DB) as well as Credit Suisse Group AG (ADR) (NYSE:CS) had their credit ratings lessened by Standard & Poor’s while new rules and unsure market conditions intimidate their business. S&P stated yesterday in a statement that the long-standing counterparty credit ratings for the 3 banks were reduced […]
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Energy Stocks Worries On Federal Reserve: Apache ConocoPhillip, Chevron, Suncor Energy, Husky Energy, Occidental Petroleum, Encana, Total, BP
In last session, Energy stocks tumbled as investors remained worried about the U.S. Federal Reserve’s next moves along with macroeconomic data were discouraging. As Apache Corporation (NYSE:APA) in the middle of the leaders. Its shares slightly up 0.5% as analysts at Deutsche Bank raised its rating for the company to buy. In previous session, it […]
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Analysts Expect a Significant Rally in Housing Bond F41 % Gain – (BCS, JPM)
In 2012 the housing debt rallied more than 41 % and currently the world’s major bond managers are betting on this rally. The debt is also expected to beat related fix income investments in the current year in the wake of strengthening the real estate sector in the US. Major investment companies are speculating significant […]
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The Western Union Company (NYSE:WU) gets four rating cuts in one day
The Western Union Company (NYSE:WU) was reduced by stock-investment analysts at Barclays (NYSE:BCS) to an “underweight” rating from an “overweight” rating in a research note sent to investors yesterday. They currently maintain a $12.00 PT on the stock. Three other brokerages have also changed their view on the stock and all this happened after the […]
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Current Mortgage Interest Rates Up, Led by Citigroup (NYSE:C) and JPMorgan Chase (NYSE:JPM)
Current mortgage interest rates elevated on Friday as many banks began to change directions. Citigroup Inc. (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM) and KeyCorp (NYSE:KEY) directed the way as money began to flow away from the safe-havens after hopefulness spread through the stock markets. The average interest rate on 30-year fixed-rate mortgages raised six basis […]
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Current Mortgage Interest Rates Fall Amid Citigroup Inc. (NYSE:C) and Wells Fargo & (NYSE:WFC)
Current mortgage interest rates moved slightly down Tuesday as the secondary lending market was mixed. Citigroup Inc. (NYSE:C) and Wells Fargo & Company (NYSE:WFC) reduced their lending rates while PNC Financial Services (NYSE:PNC) and U.S. Bank lifted them. The average interest rate on 30-year fixed-rate mortgages lost one basis point to settle at 3.346 percent. […]
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ULI Surveys Discloses Scaled-back Growth Estimates For U.S. Real Estate – (MS, USB, JEF, BCS)
Recently released Urban Land Institute (ULI) survey of 39 leading real estate economists and analysts from across the United States reveals scaled-back predictions for growth in the country’s economy, real estate capital markets, and commercial real estate fundamentals, but more healthy estimates for single-family housing as compared to estimates made six months ago. The results […]