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Posts related to ‘business and finance’

ECB Ignores Banking Catastrophe and Leaves Rates Unchanged

The European Central Bank is leaving its refi rate unchanged at 1.00%.  Perhaps the larger issue is what will be said by Mario Draghi later this morning at the ECB press conference.  ...
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More Key Banks At Risk Of Failing Stress Tests

Stern Agee has decided to "stress test" the new Stress Tests under the Dodd Frank regulation.  The current rate calls for banks with $10 billion or more in assets to ...
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Debt Weighs on A Third of Small Business Owners

More than a third of small business owners say that their debt burden is either “somewhat” or “very” uncomfortable in the latest Wells Fargo/Gallup small business survey. Of the rest, ...
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Business Execs Say US Economic Outlook Brighter

A survey of 240 CEOs and CFOs by accounting and consulting firm PricewaterhouseCoopers indicates that a majority of US corporate executives believe the economy will improve in the next 12 ...
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CEOs Optimistic on US Economy

More CEOs now expect higher sales, more capital spending, and more hiring over the next six months than they did just last quarter, according to the latest data from Business ...
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IRS Reopens Overseas Disclosure Program, While Congress Considers Business Profit Repatriation

The US Internal Revenue Service is reopening its Offshore Voluntary Disclosure Progam (OVDP) in an effort to collect income taxes from US taxpayers who have parked their funds in overseas ...
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Does MF Global Get To Survive On Its Own? (MF, BCS, GS, JPM, C)

To say that MF Global Holdings Ltd. (NYSE: MF) is in trouble might be the understatement of the year.  The commodities and derivatives broker has reportedly been caught on the ...
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Credit Cards, Partial Havens After J.P. Morgan Credit Comments (JPM, AXP, COF, V, MA, PAY)

J.P. Morgan Chase & Co. (NYSE: JPM) is trading lower after its earnings report, but there were some bright spots inside an otherwise confusing earnings report.  The most noticeable area ...
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Peer-to-Peer Lending: Opportunity for Investors & Borrowers Alike

There are two financial issues in America that have been developing simultaneously: many borrowers have been locked out from the ability to access capital, and investors can no longer rely on bonds ...
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Wall Street Compensation Review Gets High Reviews, With Caveats (C, JPM, WFC, BAC, GS, MS)

Are the Wall Street bankers, traders, and brokers really starting to do the right thing when it comes to controlled greed and compensation?  If you ask the poor Wall Street ...
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When Feds Raid Your Life Insurance Policy Buyer (IFT)

Imperial Holdings, Inc. (NYSE: IFT) is a company that many have never heard of, but the company is in the news in a manner it probably never wanted to be.  ...
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Mack Out at Morgan Stanley, Gorman Takes Total Control (MS, GS)

Morgan Stanley (NYSE: MS) has just released a "leadership transition" at the company.  John Mack, known formerly as 'Mack the Knife," is stepping down as Morgan Stanley's Chairman and is ...
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BofA Sheds More Credit Card Business… Changing the Credit Sector (BAC, TD, COF, WFC, RF, C, BK, AXP, V, MA)

Bank of America Corp. (NYSE: BAC) is selling more assets as it raises capital in an effort to stem the drop in the company's share price related to its purchase ...
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Small Business Survey Offers More Stagnation… Or Is It Stagflation?

The National Federation of Independent Business has just released its survey for June, and the overall trend has now dropped for four months in a row.  Some of the conditions ...
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A Fresh IPO Take: The New Pre-IPO Fund From Keating (KIPO, SZYM, NPTN, GSVC, LNKD, TINY)

Whether or not initial public offerings are performing properly in the after-market is one thing, but the game that investors are trying to win now is in securing pre-IPO shares ...
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