Archive for January, 2011
L-3 Communications (NYSE: LLL) Downgraded by Cowen to “Neutral”
Equities research analysts at Cowen downgraded shares of L-3 Communications (NYSE: LLL) from an “outperform” rating to a “neutral” rating in a research note to clients and investors on Monday. Separately, analysts at Morgan Keegan downgraded shares of L-3 Communications from an “outperform” rating to a “market perform” rating in a research note to investors [...]
Citigroup (NYSE: C) Results Show Improvement, But Fall Short of Estimates
Earlier today, Citigroup (NYSE: C) disclosed their fourth-quarter earnings results. The news was positive in whole, showing net income of $1.3 billion after it recorded fewer losses from loans, allowing it to take money out of reserves it keeps aside for such loans. The firm’s earnings were dragged down by the fixed income market, which [...]
GoToMyPC iPhone: GoToMyPC iPhone Applications
The popularity of the Apple iPhone has led many companies to create iPhone applications that can be used to access popular programs from the iPhone instead of a traditional computer. These iPhone applications must be carefully coded to be compatible with both the program and the iPhone and the software must be downloaded to the [...]
Lending Club Loan Types: Which Perform Best
Lending Club revamped the statistics section of its website last year and investors are getting a better idea of how different loan types perform. Previously, investors had some hints about what typed of loans performed better from the company’s webcasts, but now Lending Club publishes the average rate of return for loans based on the [...]
J.P. Morgan Chase (NYSE: JPM), U.S. Bancorp (NYSE: USB) and Wells Fargo (NYSE: WFC) Look to Raise Dividends Pending Regulatory Approval
Financial analysts say J.P. Morgan Chase (JPM), U.S. Bancorp (USB) and Wells Fargo (WFC) could be included in an initial wave of banks that raise dividends in the Spring. Foresight Analytics, a financial research firm, projects banks to record $70 billion in profits in 2010. That would be up from $12.5 billion in 2009 but [...]
How to Get a Peer to Peer Loan Online
If you’re looking to get any sort of personal loan online, you’ll be hit with offers from hundreds of different finance companies and banks. Many of them are riddled by high interest rates and undesirable terms, but there are a few good options if you search around. If you’re looking to borrow money for a [...]
J.P. Morgan Chase & Co. (NYSE: JPM) Reports $4.8 Billion Quarterly Profit
Like much of the news surrounding the banking industry, it’s hard to know what to make of J.P. Morgan Chase’s (JPM) stronger-than-expected announcement of a $4.8 billion quarterly profit. But that’s what analysts set out to do when they heard from JPM Chief Executive Jamie Dimon in a conference call to address the earnings report. [...]
JPMorgan Chase (NYSE: JPM) Posts Big Fourth Quarter
The hits keep coming for JPMorgan Chase (NYSE: JPM). The house that Dimon built continues to post impressive earnings, even while competitors are still feeling the sting of the 2008 financial crisis. Today, JPMorgan Chase disclosed their fourth quarter results, and the results showed significant improvement. Net income jumped 47 percent as the company was [...]
Prosper.com Stops Lending to High Risk Borrowers
Prosper.com, a San Francisco-based peer to peer lending company, is no longer offering loans to high-risk borrowers. The change, viewed by many as an attempt to reduce default rates, comes as the company also eliminated its auction model. Prosper.com’s risk management team now sets interest rates on loans made through the service. Investors can choose [...]
Goldman Sachs (NYSE: GS) Has Big Empty Space in Zurich
Has the increased scrutiny surrounding Swiss bank accounts caused banks to second guess expansion plans in the region? Maybe. Although JPMorgan Chase (NYSE: JPM) recently announced plans to grow headcount in the region targeting the world’s wealthiest customers, a key competitor may be vanquishing plans altogether. Blick newspaper reported that Goldman Sachs (NYSE: GS) isn’t [...]
Reverse Stock Split for Citigroup (NYSE: C)?
During difficult financial times, many companies have seen their stock prices pushed to historic lows. In the financial services industry, the banks have been battered to below book value in many cases, and firms like Citigroup (NYSE: C) are trading at a small fraction of what they did just three years ago. As a result, [...]
Five Tips to Get Out of Debt
It is estimated that more than two-thirds of individuals are carrying crushing amounts of debt and the total debt of consumers across the nation has reached record levels over the last decade. Many people are drowning in debt as their lines of credit are reduced and credit card companies restrict spending and increase interest rates [...]
Mint.com Scam: What Is The Most Reported Mint.com Scam?
With any new business, consumers need to be wary of the business practices of the company and learn as much as they can about the company before doing business with them. Many companies have complaints leveled against them by disappointed customers and Mint.com is no exception. The most common Mint.com scam reported is not a [...]
GoToMyPC Login: Getting Started with GoToMyPC
GoToMyPC.com is an internet-based service that allows users to access their computer files from any location with internet access. Obtaining a GoToMyPC login is not a difficult task and hundreds of people complete the process every day without issues. Signing up with the service can provide a number of different benefits that may be very [...]
10 Tips to Help Buying Right Car Insurance in America
Car insurance is one thing no driver can afford to avoid. The consequences of driving without insurance in any state in America can be costly. In addition to having your driving license suspended, you could even face a jail term. Thankfully, there are ways to lower your car insurance premium as long as you learn [...]
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