Home » Archive for January, 2011
Consolidate Your Credit Card Debt With A Balance Transfer Credit Card
If you have a stack of credit card bills that come in at various times of the month, all with different due dates and mounting balances, isn’t it time to take control? Getting a balance transfer credit card may be just what you need... More of this article »
Comparing Peer to Peer Lending and Online Savings Accounts
The Federal Reserve appears to have no interest in raising their target interest rate above near zero for the immediate future, leaving interest rates on savings accounts depressed. “High-Yield” savings accounts are offering interest... More of this article »
JPMorgan Chase (NYSE: JPM) CEO: Don’t Lump All Banks Together
No one questions Jamie Dimon’s passion. As Chief Executive of JPMorgan Chase (NYSE: JPM), he resides at the top of US finance, able to navigate his firm through the financial crisis relatively unscathed, while picking up strong business... More of this article »
Bank Execs from JPMorgan Chase (NYSE: JPM), Barclays (NYSE: BCS), Bank of America (NYSE: BAC), and Others Converge in Davos
Davos, Switzerland was the site of a major meeting today, bringing together the chief executive officers from many of the major banks. The leaders of Bank of America Corp (NYSE: BAC), Barclays Plc (NYSE: BCS), JPMorgan Chase (NYSE:... More of this article »
Coach (NYSE: COH) Upgraded by Wall Street Strategies to “Buy”
Equities research analysts at Wall Street Strategies upgraded shares of Coach (NYSE: COH) to a “buy” rating in a research note to investors on Tuesday. Separately, analysts at Zacks Investment Research reiterated a “neutral”... More of this article »
Lending Club Partners with Credit Sesame
UNNYVALE, Calif – Jan. 12, 2011 – Credit Sesame, a free online tool that provides the best way for consumers to save money on debt and loans, has added Lending Club, the world’s leading platform for investing in and obtaining... More of this article »
Marathon Oil Co. (NYSE: MRO) Given “Neutral” Rating by Zacks Investment Research Analysts
Equities research analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Marathon Oil Co. (NYSE: MRO) in a research note to investors on Monday. The analysts currently have a $44.00 price target... More of this article »
Should You Bet on Bank of America (NYSE: BAC) to Raise Its Dividend?
As earnings season proceeds in earnest, all of the big banks have reported in, and hope to receive regulatory approval to increase their dividends. That list includes Charlotte-based Bank of America (BAC). However, the biggest U.S.... More of this article »
JPMorgan Chase (NYSE: JPM) Decreases Gannett Investment
The newspaper industry isn’t what is used to be. With the rise of digital news, the industry finds itself losing customers, and investors alike. This week, news came down that JPMorgan Chase & Co. has reduced its stake in Gannett... More of this article »
Paulson Scores Big Profit on Citigroup (NYSE: C)
John Paulson, the hedge fund manager famously embroiled in the “Fabulous Fab” trading issue at Goldman Sachs (NYSE: GS) has apparently done quite well since mid-2009, reportedly earning $1 billion on his investment in Citigroup... More of this article »
Bank of America (NYSE: BAC) Exec Supportive of Regulations on Investment Advice
The U.S. brokerage industry continues to lack uniformity in regulations on providing investment advice, and Bank of America (NYSE: BAC) exec Sallie Krawcheck thinks something should be done about that. The Securities and Exchange Commission... More of this article »
Kennametal Inc. (NYSE: KMT) Downgraded by Barrington Research to “Market Perform”
Equities research analysts at Barrington Research downgraded shares of Kennametal Inc. (NYSE: KMT) from an “outperform” rating to a “market perform” rating in a research note to investors on Friday. Kennametal... More of this article »
Prosper.com Cuts Interest Rates for Borrowers
Prosper.com, a company which operates a peer to peer lending marketplace, has recently decreased the interest rates that it charges to borrowers. Previously, borrowers with Prosper.com’s top credit rating would pay interest rates... More of this article »
Is a No Fee Balance Transfer a Good Move?
Many credit card companies are advertising deals on balance transfers to their cards and some of the deals sound great on the surface, but it can be difficult to tell whether the balance transfer terms that the company is offering... More of this article »
How to Consolidate Your Debt with a Lending Club Loan
As the economy moves beyond the era known as the great recession, consumers are increasingly paying off their debt to get on a better financial footing. Many successfully use strategies such as the “debt snowball” to pay off debt.... More of this article »
Wells Fargo (NYSE: WFC) Making Progress Re-Branding Wachovia
At the height of the financial crisis, Wells Fargo (NYSE: WFC) was able to build it’s long desired east coast presence through the acquisition of Wachovia. The integration of the Charlotte based bank into the San Francisco based... More of this article »
JP Morgan Chase (NYSE: JPM) Shaking Up M&A Management Team
JPMorgan Chase & Co. (NYSE: JPM) has announced plan to shake up its management team in the deal advisory business. The firm has moved two long-time managers into senior relationship roles, while also hiring a prominent corporate... More of this article »
Bank of America (NYSE: BAC) Earnings Disappoint
Bank of America (NYSE: BAC) disclosed their earnings results earlier today, and the firm disclosed the second straight quarterly loss. Driven by writedowns in the value of its mortgage business, the firms results continue to sag behind... More of this article »
The Best Ways to Change Your Currency When Abroad
Changing currency when abroad is easy, but different ways of exchanging currency offer different rates. Especially in tourist or business areas, competition among foreign exchange services means that getting a better rate may just... More of this article »
Wells Fargo (NYSE: WFC) Not Settling With Fannie Mae, Freddie Mac Over Faulty Mortgages
Wells Fargo (WFC) said Wednesday that it won’t follow Bank of America (BAC) in reaching settlements with Fannie Mae or Freddie Mac on disputed mortgages sold to the mortgage financing giants. On Dec. 31, Bank of America, based in... More of this article »
Barclays (NYSE: BCS) Kenya Division to Shed Jobs
Though much of the news on the financial crisis is focused on US based banks, we are often reminded that the impacts are felt the world over. Most recently, Barclays Bank of Kenya Ltd., which is majority owned by British banking giant... More of this article »
Former JPMorgan Chase (NYSE: JPM) Exec Daley Gets Tax Relief
When a private sector executive heads for Washington, one of the first and biggest obstacles to overcome is shedding their investments in a reasonable manner. William Daley, President Obama’s new Chief of Staff and former JPMorgan... More of this article »
Wells Fargo (NYSE: WFC) Won’t Settle With Fannie Mae, Freddie Mac
Although it’s largest competitors chose to settle with Fannie Mae and Freddie Mac, Wells Fargo (NYSE: WFC) has chosen to buck that trend. Howard Atkins, Chief Financial Officer of Wells Fargo said such settlements as those reached... More of this article »