Archive for October, 2010

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Audible.com iPhone: Get a Free Audio Book for your iOS Device

Audible.com is currently offering a free audio book to iPhone users using the Audible.com iPhone deal. If you’re an iPhone, iPod Touch or iPad user, you can get a free audio book with a 14-day free trial to Audible.com. Audible has a number of great titles for you to consider listening to this this season. [...]
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Wells Fargo & Co. (NYSE: WFC) Says it Won’t Halt Foreclosures

After Bank of America Corp (NYSE: BAC), JPMorgan Chase & Co. (NYSE: JPM) and Ally Financial have temporarily halted foreclosures in a number of states, many are wondering whether or not Wells Fargo & Co. (NYSE: WFC) and Citigroup, Inc (NYSE: C) will join their competitors in halting foreclosures. Wells Fargo issued a statement on [...]
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Citigroup, Inc (NYSE: C) Executives Rebuke Mayo in Meeting

Citigroup, Inc (NYSE: C) executives including Chief Executive Officer Vikram Pandit and Chief Financial Officer John Gerspach “very clearly” rebutted the criticisms made by analyst Mike Mayo while meeting with him on Friday, said company spokesman Jon Diat in a statement on Friday. CLSA analyst Mike Mayo has previously criticized Citigroup for failing to take [...]
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Audible.com Download Manager: How to Manage Your Audiobooks

If you’re an Audible.com subscriber or have an interest in audio books online, make sure to get an Audible.com Download Manager so that you can download and manage your collection of audio books. There are a number of tools you can use to download and manage your audio books for enjoyment, including clients for the [...]
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Morgan Stanley (NYSE: MS) Raises Price Target on Intuit (NASDAQ: INTU)

Equities research analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of Intuit (NASDAQ: INTU) to $51.00 saying that small business demand is growing. The analysts reiterated an overweight rating in a research note to investors on Friday. Intuit Inc. is a provider of business and financial management solutions for small and [...]
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Taxpayers Will Profit from Citigroup Investment, Treasury Says (NYSE: C)

The U.S. Department of Treasury said on Thursday that it plans to make a profit for taxpayers by selling it shares of Citigroup, as it offloaded a 5% stake in the company netting taxpayers more than $1 billion in profit. The government said that it had received $41.6 billion dollars from Citigroup, Inc (NYSE: C) [...]
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MasterCard Purchases 12.5% in ElectraCard Services (NYSE: MA)

MasterCard (NYSE: MA) has purchased a 12.5% stake in ElectraCard Services, an Indian provider of processing services and software for credit card and debit cards. “This investment will extend our processing footprint and create more value for our customers in the Asia-Pacific region, the Middle East and Africa,” said MasterCard Worldwide president and chief executive [...]
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Ambac Financial Sues Bank of America Corp (NYSE: BAC) over Countrywide Lending Practices

Ambac Financial has sued Bank of America Corp (NYSE: BAC) over certain lending practices of Countrywide, a mortgage business which the bank purchased in 2007, accusing the lender of failing to follow its internal standards when making loan. The New York-based insurer filed suit on Thursday in the state of New York accusing Bank of [...]
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U.S. Treasury Sold 5% Stake in Citigroup, Inc (NYSE: C)

The U.S. Department of Treasury sold a 5% stake in Citigroup, Inc (NYSE: C) for $5.9 billion during the last nine weeks, bringing a profit for taxpayers despite the bank’s share price falling during the period. The government sold 1.5 billion shares of the New York-based bank since July 26th, the department said in a [...]
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