-
Latest News on Ford Motor (NYSE:F), General Electric (NYSE:GE), General Motors (NYSE:GM) and Regions Financial (NYSE:RF)
Brazilian Finance Minister Guido Mantega recently spoke to media saying that the government has launched new tax incentives to stimulate automakers to spend in innovative technology and more fuel efficient models. In other news, several Japanese carmakers are predicted to post a sharp fall in Chinese sales for September after some of their showrooms or…
-
Current Mortgage Interest Rates Turn Down: Citigroup (NYSE:C) Stock Up on $175 Million Africa Trade Loan
Current mortgage interest rates turned down Thursday as some of the key indexes moved in the negative direction. All of the key lenders including JPMorgan Chase & Co. (NYSE:JPM) reduced their loan rates as the secondary lending market closed mixed. The average interest rate on 30-year fixed-rate mortgages dropped four basis points to settle at…
-
Current Mortgage Interest Rates Decline: Citigroup Inc. (NYSE:C)’s Stock Falls On $525,000 Settlement Charges
Current mortgage interest rates were down Monday as money continued to flow into the government safe-havens. JPMorgan Chase & Co. (NYSE:JPM), BofA, PNC Financial Services (NYSE:PNC), and other banks acted in response to the shift in capital markets by reducing their conventional lending rates. The average interest rate on 30-year fixed-rate mortgages moved down two…
-
The ABS Reported A Decline In Home Loan Approvals: Citigroup Inc. (NYSE:C) Reduces Mortgage Rate – (USB, FITB, STT, RF, STI, KEY)
Lower optimism found in Australia’s housing sector contributed to a decline in home loan approvals during July. The Australian Bureau of Statistics (ABS) released data yesterday showing that the number of home loans approved in July moved down 1.0 per cent. Commsec economist Savanth Sebastian said the figures revealed recent interest rate falls had not…
-
Are Large U.S. Banks Unsafe To The Financial System? – (USB, FITB, STT, RF)
The discussion over whether the U.S.’s biggest lenders are too large is heating up. Since the 2008 debt failure, the insight has taken hold among some analysts and economists that some U.S. banks are large enough to go insolvent, suggesting they would have to be bailed out in order to protect the financial system if…
-
U.S. Bank Loans Growth Slowed In July – (HBAN, GS, FITB, USB, STT, RF)
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 same month last year to $7.1 trillion, down from the 5.3 percent growth in June 2012.…
-
S&P 500 On Track Toward Another Fall: Citigroup Inc. (NYSE:C) Down While Regions Financial Corporation (NYSE:RF) And Apple Inc. (NASDAQ:AAPL) Are Up
U.S. stocks seem under pressure today, putting the Standard & Poor’s 500 Index on track for another decline, after the prior days’ chaos along with continuing worries over a possible bailout of Spain and the future of the euro currency. The table has been provided which details daily changes in dividend predictions and dividend health…