Home » Archive for September, 2010
SmartyPig Hires New Senior Vice President of Marketing
SmartyPig, a company which offers goal-based online savings accounts, has announced that it has hired Suzin Wold as the company’s newly created role of Senior Vice President of Product and Marketing. The company said in a press release... More of this article »
Emdeon (NYSE: EM) to Purchase Chamberlin Edmonds & Associates with Citigroup, Inc (NYSE: C) Funding
Emdeon (NYSE: EM), a provider of healthcare payment technologies, announced on Tuesday that it plans to purchase Chamberlin Edmonds & Associates Inc. for $260 million in cash using a $100 million financing commitment from Citigroup,... More of this article »
Bank of America Corp (NYSE: BAC) Says Double-Dip Recession Only 25% Likely
Thomas Montag, Bank of America Corp (NYSE: BAC)’s Merrill Lynch division president of global banking and markets, said during a presentation that the global economy has a 25% change of seriously worsening again and that it would... More of this article »
GlasoSmithKline (NYSE: GSK) Hires Former Goldman Sachs (NYSE: GS) Executive as CFO
GlaxoSmithKline (NYSE: GSK) announced on Wednesday that it has hired former Goldman Sachs Group Inc. (NYSE: GS) investment banker Simon Dingemans as its new chief financial officer. Dingemans will succeed the company’s current chief... More of this article »
Did Microsoft’s and Yahoo’s Search Deal Increase Google’s Market Share? (MSFT, GOOG, YHOO)
Microsoft Corp (NASDAQ: MSFT) and Yahoo (NASAQ: YHOO) have finally begun integrating their search services, but Google (NASDAQ: GOOG) may be the real winner in the search deal between Microsoft and Yahoo. Experian Hitwise, an analytical... More of this article »
General Motors Co. to Compete Ford (NYSE: F) Sync Technology
General Motors Co. plans on competing with Ford Motor Co. (NYSE: F) on its Sync in-car services system by offering free services via its OnStar in-car communications unit beginning next year, according to a report from Bloomberg. OnStar,... More of this article »
Citigroup, Inc (NYSE: C) CEO Has Lunch with Large Investors
Citigroup, Inc (NYSE: C) CEO Vikram Pandit hosted a lunch on Tuesday with the bank’s largest investors at a time when the New York-based bank is in the midst of a controversy relating to its accounting practices and while the company’s... More of this article »
Bank of America Corp (NYSE: BAC) Says For Profit Colleges Face Earnings Challenges
Bank of America Corp (NYSE: BAC) lowered its earnings outlook and stock ratings on several for-profit colleges citing regulatory uncertainty. Analysts Sara Gubins, David Chu and David Ridley said that earnings for these companies will... More of this article »
Download a Free Audiobook with Audible.com’s “Audiblepodcast.com/bookreview” Deal.
If you’ve got free reading time, consider download a free audiobook from the world’s best audiobook service, Audible.com, with its current “Audiblepodcast.com/bookreview” coupon. The audiobook service is now offering a 14-day... More of this article »
Citigroup, Inc (NYSE: C) Simplifies Checking Account Offerings, Raises Fees
Citigroup, Inc (NYSE: C) is working on simplifying its retail checking offerings which will provide more choice for consumers but potentially leave consumers with higher fees as the bank faces difficulty in generating revenue in its... More of this article »
Visa (NYSE: V), American Express (NYSE: AXP) and MasterCard (NYSE: MA) Approve $10 Credit Card Minimums
With the recent passage of the financial reform bill, Visa (NYSE: V), American Express (NYSE: AXP) and MasterCard (NYSE: MA) are now allowing merchants to set a minimum dollar amount that consumers will be able to charge to credit... More of this article »
Bank of America Corp (NYSE: BAC) Set to Announce Q3 Earnings on October 19th
Bank of America Corp (NYSE: BAC) announced on Friday that it would be announcing its third quarter earnings results on Tuesday, October 19th before the market opens. The Charlotte-based bank plans to release its earnings results at... More of this article »
Lending Club Tops $12 Million in Loan Originations in August 2010
Lending Club, a venture capital-backed company which operates a peer to peer lending marketplace, has issued more than $12 million in loans during the month of August, marking the largest single monthly dollar amount that a U.S. peer... More of this article »
SmartyPig cuts Interest Rates from 2.10% to 1.75%
SmartyPig, a company which offers goal-based online savings accounts, is lowering the interest rate that it affords to customers from 2.10% to 1.75% effective on Tuesday, September 7th. The company wrote the following note to its customers... More of this article »
Citigroup, Inc (NYSE: C) Reiterates “Hold” Rating on Finisar Corp (NASDAQ: FNSR)
Analyst at Citigroup, Inc’s (NYSE: C) equities research division reiterated its “hold” rating on shares of Finisar Corp (NASDAQ: FNSR), with a price target of $19.00, up from $17.00. Finisar Corporation (Finisar) is a provider... More of this article »
Get a Free Audiobook with Audible.com’s “Audiblepodcast.com/Transmission” Deal.
If have some free listening time, consider downloading a free audiobook from the world’s premier audiobook service, Audible.com, with its current “Audiblepodcast.com/transmission” coupon. The audiobook service is now offering... More of this article »
Grab a Free Audiobook with Audible.com’s “Audiblepodcast.com/Best” Coupon.
If you’ve got some free listening time, download a free audiobook from the world’s best audiobook service, Audible.com, with its current “Audiblepodcast.com/best” coupon. The audiobook service is now offering a 30-day free... More of this article »
Invoking Volker: JPMorgan Chase (NYSE: JPM) Shuts Proprietary Trading Unit, But Will Other Banks Follow
JPMorgan Chase & Co. (JPM) became the first investment bank to take steps to comply with the so-called “Volcker Rule” by shutting down its proprietary trading unit. JPM, the second-biggest U.S. bank by assets, told... More of this article »
Wells Fargo & Co. (NYSE: WFC) Abused Tax Break Relating to Wachovia Issue, FCIC Says
The Financial Crisis Inquiry Commission is accusing Wells Fargo & Co. (NYSE: WFC) of taking advantage of a tax-break that was never approved by the Congress during its 2008 takeover of Wachovia, adding billions of dollars to the... More of this article »
10-YearTreasury Notes Will Fall Below 2%, Bank of America Corp (NYSE: BAC) Says
Bank of America Corp (NYSE: BAC) analysts believe that yields on ten-year Treasury notes will fall to a record low of less than 2% during the first quarter of 2011 as the US Federal Reserve expands its purchases of U.S. debt. The... More of this article »
JPMorgan Chase & Co. (NYSE: JPM) Spent $1.5 Million in Q2 Lobbying
JPMorgan Chase & Co. (NYSE: JPM) spent $1.52 million during the second quarter lobbying the government, largely regarding the financial regulatory overhaul. The New York-based bank spent 14% less than it did during the same quarter... More of this article »
Citigroup, Inc (NYSE: C) to Expand Microfinance Operations in India
Citigroup, Inc (NYSE: C) is moving into the microfinance industry in the country of India as part of an effort to bring financial inclusion and education to the unbanked in that country. CEO Vikram Pandit said that “We have a... More of this article »
Score a Free Audiobook with Audible.com’s “Audiblepodcast.com/Filmcast” Coupon.
If you have any interest in audiobooks, consider checking out Audible.com, a service which provides listeners with one or two audio books each month to listen to. Audible is now offering a 30-day free trial in which listeners can get... More of this article »