Diane Alter – AHN News Reporter NYC, NY, United States (AHN) – U.S. stocks rose Friday morning following two days of steep losses. Just after 9:30 a.m., the Dow Jones Industrial Average was up 30 points, the Standard & Poor’s 500 Index rose 2 points and the NASDAQ was flat. Giving stocks a slight boost [...]
Posts Tagged ‘Bank’
B?ank of America makes $7 million in loans to underserved areas of Nevada
May 26th, 2011
davidguide Bank of America announced that it made $7 million in loans in Nevada during 2009 and 2010 to underserved, minority and low- and moderate-income neighborhoods. View full post on All Stories
Wells Fargo CEO says consumers ‘still cleaning up’
May 23rd, 2011
davidguide * Used-car loans are main consumer loan growth source * Bank “very focused” on expenses * Aims for dividend rate over time of 30 pct of EPS SAN FRANCISCO, May 23 (Reuters) Wells Fargo & Co (WFC.N “It will be some time before the consumer comes back into View full post on All Stories
Merrill Lynch Cuts Bajaj Auto Price Target
May 22nd, 2011
davidguide Bank of America Merrill Lynch on Thursday said it has cut the price target for motorcycle maker Bajaj Auto to Rs 1,340 from Rs 1,480 on expectations of margin pressures and a sales slowdown in the current fiscal year.It however, maintained its View full post on All Stories
U.S. Bank Settles on FHA Loans
May 20th, 2011
davidguide A settlement with U.S. Bank was announced by the Department of Housing and Urban Development. The bank allegedly did not meet underwriting standards on more than two dozen Federal Housing Administration mortgages. The agreement calls for a payment of more than $1 million. View full post on All Stories
Yen Declines Versus Euro for Fifth Day on BOJ Policy Outlook
May 20th, 2011
davidguide The yen dropped against the euro for a fifth day on prospects the Bank of Japan today will reiterate its pledge to maintain monetary stimulus to support an economy in recession after a record earthquake. View full post on All Stories
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