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Posts related to ‘Banking’

The New Homeowner Rescue May Come After Home Price Recovery

Posted: February 10, 2012 at 6:42 am

The new $26 billion settlement between five banks on one side and a number of state attorneys general and the federal government on the other is extremely complex. One thing ...
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Political Fodder… Private Equity Firms Are Hiring!

Posted: February 8, 2012 at 9:55 am

Private equity firms are bad and evil because they fire workers to juice profits for billionaires who get to pay low tax rates!  Is that the right logic?  What if ...
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Should Banks Have Overdraft Fees? (JPM, ZION, BAC, CBSH, WFC)

Posted: February 7, 2012 at 3:48 pm

While not breaking news at this point, there is something that is front and center in banking when it comes to overdraft fees.  To many consumers, overdraft fees are simply ...
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Citi Dividend Returning Sooner Than Expected (C, JPM, WFC)

Posted: February 6, 2012 at 5:26 pm

Any time you have a shareholder talking up a company, you have to understand that they are talking up their book.  Billionaires do this, and they tend to be listened ...
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Fed Fund Futures Calling For December Rate Hike… In 2013

Posted: February 3, 2012 at 10:54 am

Fed Funds Futures are not widely used by Joe Public, and much of the public may not even understand or know what these are.  The layman explanation is that they ...
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Warren Buffett’s Top Stocks of 2012 (BRK-B, SPY, USG, BAC, IR, MCO, INTC, WFC, AXP)

Posted: February 2, 2012 at 8:23 am

2012 is getting off to a great start for the equity markets.  We recently looked at the performance of Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK.B), which is underperforming this ...
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Facebook Full IPO Filing Details (FB, MS, GS, MSFT, TROW, ZNGA, GSVC, IPG)

Posted: February 1, 2012 at 5:29 pm

Facebook, Inc. has now filed its paperwork with the SEC which will allow the social networking giant to conduct an initial public offering.  It should be no real surprise that ...
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Can New CFO & Split Structure Save The Bank of Ireland? (IRE)

Posted: February 1, 2012 at 11:52 am

The Bank of Ireland (NYSE: IRE) may have been a dead stock (or ADR) by most counts.  The recapitalization and dilution process here has been almost as uncanny as the bailouts ...
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In Banco Santander, a Microcosm of Spain’s Troubles

Posted: January 31, 2012 at 6:46 am

Spain’s big bank -- Banco Santander (NYSE: STD) -- said its fourth-quarter profits fell 98%. It took a $2.4 billion charge because of its wrecked real estate portfolio. It also ...
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Facebook IPO Rumors Growing Louder & Louder (GSVC, MSFT, MS, GS, DSI)

Posted: January 27, 2012 at 1:42 pm

Facebook is now rumored to be filing its IPO paperwork as soon as next week.  The 'rumor' is coming out of a report from the Wall Street Journal that Morgan ...
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Utopia Juice: Bernanke Hints QE3 (or QE4)

Posted: January 25, 2012 at 2:41 pm

The Federal Reserve has no more room cut interest rates.  About all it can do is to take the discount rate lower than the 0.75% but the target rate of ...
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New Lower Fed Long-Term Targets: Employment, Inflation, GDP & Rates

Posted: January 25, 2012 at 2:16 pm

The Fed is going to continue on its dual-mandate of inflation and employment as it stated that it will take a balanced approach to maintain price stability and to promote ...
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Fed Now Keeping Near-Zero Rates Through Late-2014… QE4?

Posted: January 25, 2012 at 12:41 pm

This was definitely going to be a different sort of FOMC day with the way that the new communications are going to show more of the inner-thinking of the Federal ...
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AmEx Vs. Capital One: Credit Card Sector Woes Prevailing (COF, AXP)

Posted: January 23, 2012 at 10:45 am

American Express Co. (NYSE: AXP) is a very different company from credit card rival Capital One Financial Corporation (NYSE: COF).  At this point in time, both are suffering as the ...
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Bank of America Earnings, Rising Tide Lifts All Ships (BAC, WFC, JPM, C, BRK-A)

Posted: January 19, 2012 at 7:48 am

Bank of America Corporation (NYSE: BAC) was already the best performing DJIA stock with gains of more than 20% since the end fo 2011.  Now it has even more legs ...
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