Where the Money Is: A Deep Dive Into Banks
John Maxfield, The Motley Fool - Motley Fool - Sat Sep 20, 2:31PM CDT
Just because banks control a lot of money doesn't mean that they earn much for their shareholders. According to my colleague Morgan Housel: In 100 years, the banking industry, as a group in aggregate, did not make a single dollar of profits....
Warren Buffett's Highest-Yielding Stocks
Dan Dzombak, The Motley Fool - Motley Fool - Sat Sep 20, 12:31PM CDT
Photo: The Motley Fool Warren Buffett is widely regarded as the greatest investor of our time. Most people don't realize that dividend investing makes up a large part of his investments. Some of his most sizable holdings pay big yields, which gives...
The Home Loan Arranger, Jason M. Ruedy, Dispels Common Mortgage Myths and Sets the Record Straight
PRWeb - Sat Sep 20, 1:01AM CDT
Mortgage Banker, Jason M. Ruedy, also known as The Home Loan Arranger, realizes that many potential home buyers are dissuaded from buying a home because they are misguided by common mortgage-related myths that have been circulating in the United States for the past several years. Unfortunately, according to Mr. Ruedy, the myths are preventing many first-time homebuyers from the benefits of home ownership and low mortgage interest rates.
Final Glance: Banks companies
AP - Fri Sep 19, 5:02PM CDT
NEW YORK (AP) — Shares of some top banks companies were mixed at the close of trading:
Is Lorillard Inc.'s Stock a Buy?
Rich Duprey, The Motley Fool - Motley Fool - Fri Sep 19, 2:17PM CDT
After the rumor mill got running that Lorillard was a possible buyout candidate earlier this year, shares of the cigarette maker started to climb and when Reynolds-American finally proved the rumors true and made its $27.4 billion offer the...
Midday Glance: Banks companies
AP - Fri Sep 19, 12:33PM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 1 p.m.:
Why Bank of America, JPMorgan, Wells Fargo Are Finally Waking Up
at The Street - Fri Sep 19, 10:26AM CDT
Treasury yields are rising, and so are bank profit expectations, but investors may be ahead of fundamentals.
Bank Stock Roundup: Stress Test Results Bring Optimism, Citigroup Restructuring Continues - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 10:06AM CDT
While pre-crisis mortgage issues prevailed, active restructuring activities and the 2014 Mid-Cycle Stress Test results were more prominent in the last five trading days. Citigroup Inc. (C) was in the limelight for its restructuring activities.
Retail, Home & Consumer Data Signal Good News for Home Furnishing - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 9:58AM CDT
Home furnishing and furniture space is poised to expand on the backdrop of upbeat retail sales, improving housing market and increase in consumer spending levels.
Early Glance: Banks companies
AP - Fri Sep 19, 9:16AM CDT
NEW YORK (AP) — Shares of some top banks companies are mixed at 10 a.m.:
Stock Market News for September 19, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Sep 19, 9:10AM CDT
Benchmarks settled in the green on Thursday a day after Fed’s pledge to keep short-term interest rates near zero for a “considerable time”
'Mad Money' Lightning Round: You Want to Own Wells Fargo
at The Street - Fri Sep 19, 5:00AM CDT
Cramer prefers Deere & Co. over Potash, thinks DSW is a natural to be acquired and says to sell, sell, sell El Pollo Loco.
Jim Cramer's 'Mad Money' Recap: Stop Worrying About Alibaba's IPO
at The Street - Thu Sep 18, 7:22PM CDT
Cramer refutes the top 10 concerns about this initial public offering that has fascinated investors.
Wells Fargo (WFC) Continues to Boost Mortgage Business - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 5:00PM CDT
Wells Fargo & Company (WFC) has taken yet another step to drive up mortgage originations.
Anixter International Inc. Announces the Pricing of a $400 Million, 7-Year Senior Notes Offering by Anixter Inc.
Business Wire - Thu Sep 18, 4:24PM CDT
Anixter International Inc. (NYSE: AXE) today announced that through its wholly-owned subsidiary, Anixter Inc., it has priced an offering of $400 million of 5.125% senior notes due 2021 in an underwritten public offering. The offering is expected to close on September 23, 2014. Anixter International Inc. will fully and unconditionally guarantee the notes, which will be unsecured obligations of Anixter Inc. The net proceeds will be used to repay amounts outstanding under Anixter's accounts receivable securitization program and to repay borrowings under Anixter's revolving line of credit. The offering is being made under Anixter Inc.'s shelf registration statement.
Fitch: No Rating Impact on 3 Sequoia Transactions For Transfer of Repurchase Enforcement Duties
Business Wire - Thu Sep 18, 4:08PM CDT
Fitch Ratings has been notified by Wells Fargo Bank, N.A. (Wells Fargo), in its capacity as master servicer for the Sequoia deals identified below, that it has assigned any duties it may have to enforce repurchase obligations to Law Debenture Trust Company of New York (Law Debenture). The ratings on the subject transactions will not be affected by this assignment.
ACE Cash Express, Inc. Announces Earnings Date And Conference Call For Noteholders To Discuss Fiscal 2014 Results
PR Newswire - Thu Sep 18, 3:42PM CDT
ACE Cash Express, Inc. announced that on September 23, 2014, it will provide fiscal 2014 financial results to Wells Fargo Bank, National Association, the trustee under the Indenture dated as of February 10, 2011 governing the Company's 11.00% Senior Notes due 2019. The Company also announced it will host a conference call for Noteholders on Wednesday, September 24, 2014, at 10:00 a.m. CDT to discuss fiscal 2014 financial results.
SmarTrend Watching for Potential Pullback in Shares of Wells Fargo After 1.41% Gain
Comtex SmarTrend(R) - Thu Sep 18, 3:41PM CDT
Wells Fargo (NYSE:WFC) traded in a range yesterday that spanned from a low of $52.63 to a high of $53.38. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $52.85 on volume of 14.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BNY Mellon Hits 52-week High: Right Time to Buy the Stock? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 18, 10:30AM CDT
Despite the strong price appreciation, BNY Mellon has plenty of upside left, given the estimate revisions witnessed over the last 60 days.