Consumer Credit Agency News
- Home prices still falling in most cities Thursday, July 29, 2010 @ 7:13AMAfter welcome signs of growth in housing earlier this year, home sales appear to be wilting again in the summer heat. Home prices in many parts of the country have yet to hit bottom. Real estate pricing - Business - Country music - Real estate - Business and Economy
- Your Source for Daily FOREX Market News and Analysis Thursday, July 29, 2010 @ 7:12AMThe Euro pared the decline from the previous day and rallied to a fresh monthly high of 1.3091 during the overnight trade, and the single-currency may continue to retrace the decline from earlier this year as the economic docket reinforced an improved outlook for the region.
- Thomson Reuters Reports Second-Quarter 2010 Results Thursday, July 29, 2010 @ 7:11AMNew York, July 29, 2010 - (ACN Newswire) - - Consolidated net sales were positive and accelerated through Q2, led by strong performance in Legal and Markets - Second-quarter ongoing revenues down 1% before currency - Professional division revenues up 2% before currency; Markets division revenues down 3% before currency - Underlying operating profit of & #36;655 million, down 17% - Adjusted EPS ...
- Thomson Reuters Reports Second-Quarter 2010 Results Thursday, July 29, 2010 @ 6:00AMNEW YORK, NY--(Marketwire - 07/29/10) - Consolidated net sales were positive and accelerated through Q2, led by strong performance in Legal and Markets Second-quarter ongoing revenues down 1% before currency Professional division revenues up 2% before currency; Markets division revenues down 3% before currency Underlying operating profit of $655 million, down 17% Adjusted EPS of $0.47 vs. $0.58 ...
- Provident Financial Holdings Reports Fourth Quarter Earnings Thursday, July 29, 2010 @ 5:00AMNon-Performing Assets Decline 27% from December 31, 2009 Peak Levels
- POLITICAL HOT TOPICS: Thursday, July 29, 2010 Thursday, July 29, 2010 @ 4:12AMThe CNN Washington Bureau’s morning speed read of the top stories making news from around the country and the world. WASHINGTON/POLITICAL For the latest political news: www.CNNPolitics.com CNN: How Rangel's ethics hearing could play out Longtime Democratic Rep. Charles Rangel of New York will be the subject of the House ethics committee's first corruption trial [...]
- 'Debt relief' firms can cost more, ruin credit Thursday, July 29, 2010 @ 2:30AMDear Action Line: What can you tell me about these 'debt relief' firms that advertise on late-night cable TV? — M.H., Tulsa.
- Webster Provides Credit Enhancement for $20,185,000 CHEFA Bond Financing to Hospital for Special Care Wednesday, July 28, 2010 @ 2:59PMWATERBURY, Conn., July 28 /PRNewswire-FirstCall/ -- Webster Bank, N.A., a subsidiary of Webster Financial Corporation (NYSE: WBS), announced today this it is providing $20,185,000 in financing for Hospital for Special Care to fund its new neurobehavioral building on its New Britain, Conn. campus and to refinance existing debt. In the transaction, Webster provided the letter of credit to support ...
- Personal Finance Daily: Customer service? If only Wednesday, July 28, 2010 @ 2:57PMYesterday I spent what felt like a very long time but was probably about 10 minutes on hold with my telephone and Internet-services company, in the hopes of finding out how to improve the range of my home network. After the long wait, someone picked up the line and then immediately hung up. Thanks, guys.
- Ex-regulators get set to lobby on new financial rules Wednesday, July 28, 2010 @ 2:12PMCorporations are recruiting former regulators to help negotiate an avalanche of anticipated federal rules.
- What Happens Now? Questions on the Passage of the Dodd-Frank Financial Bill Wednesday, July 28, 2010 @ 2:03PMThe following statement is attributed to Tom O'Grady, CEO, Pro Teck Valuation Services.
- Citi Community Capital Launches $100 Million New York Affordable Housing Preservation Fund with L+M Development Partners Wednesday, July 28, 2010 @ 8:00AMNEW YORK----Citi Community Capital and L+M Development Partners today announced the creation of a $100 million New York Affordable Housing Preservation Fund . The NYAH Preservation Fund’s mission is to stem the loss of affordable housing in the New York metropolitan area and to expand the stock of such housing through strategic rehabilitation and investment.
- Ex-Regulators Get Set to Lobby on New Financial Rules Wednesday, July 28, 2010 @ 7:53AMCorporations are recruiting former regulators to help negotiate an avalanche of anticipated federal rules.
- Keithley Instruments Reports 31 Percent Sales Growth and Net Income of $5.6 Million for Third Quarter Fiscal 2010 Wednesday, July 28, 2010 @ 7:15AMKeithley Instruments, Inc. , a world leader in advanced electrical test instruments and systems, today announced results for its fiscal 2010 third quarter ended June 30, 2010.
- Morning Take-Out Wednesday, July 28, 2010 @ 7:12AMIt’s all about semantics. On a conference call Tuesday, BP said it was planning to “high-grade” its assets — newspeak for selling off whatever it must to keep its balance sheet in balance.
- New York Community Bancorp, Inc. Reports 2Q 2010 Diluted GAAP Earnings Per Share of $0.31, Diluted Operating EPS of $0 ... Wednesday, July 28, 2010 @ 7:00AMWESTBURY, N.Y.----New York Community Bancorp, Inc. today reported that its second quarter 2010 GAAP earnings rose $79.8 million, or 141.4%, year-over-year to $136.3 million, equivalent to a $0.15, or 93.8%, increase in diluted GAAP earnings per share to $0.31.
- BOK Financial Reports Record Quarterly Earnings of $64 Million Wednesday, July 28, 2010 @ 7:00AMTULSA, Okla.----BOK Financial Corporation reported net income for the second quarter of 2010 of $63.5 million or $0.93 per diluted share, up from $60.1 million or $0.88 per diluted share in the first quarter of 2010 and $52.1 million or $0.77 per diluted share for the second quarter of 2009.
- First Community Bancshares, Inc. Announces Second Quarter 2010 Results, Quarterly Dividend, and Restatement of ... Tuesday, July 27, 2010 @ 3:16PMBLUEFIELD, Va. -- First Community Bancshares, Inc. today reported net income for the quarter ended June 30, 2010, of $5.13 million, or $0.29 per diluted common share.
- Europe: Is the Old World beginning to find new life? Tuesday, July 27, 2010 @ 3:01PMSeveral indicators pick up after months of troubles. Plus, why Karl Case and Robert Shiller are downbeat
- Ex-Financial Regulators Get Set to Lobby Agencies Tuesday, July 27, 2010 @ 2:57PMAs the battle over toughened financial restrictions moves to a new front, the regulatory agencies that will create hundreds of new rules for the nation’s banks will face a lobbying blitz from companies intent on softening the blow.
- Army of Ex-Financial Regulators Set to Lobby Agencies Tuesday, July 27, 2010 @ 2:35PMCorporations are recruiting former regulators to help negotiate an avalanche of anticipated federal rules.
- Consumer complaints increased last year as enforcement funding dropped Tuesday, July 27, 2010 @ 2:35PMConsumer complaints to government watchdog agencies seem to be climbing, and much of that increase appears to be tied to a spike in debt-consolidation and credit-help scams, according to research rele
- Army of Ex-Financial Regulators Set to Lobby Agencies Tuesday, July 27, 2010 @ 2:20PMCorporations are recruiting former regulators to help negotiate the avalanche of rules anticipated from agencies that many of the ex-regulators used to work for.
- Elizabeth Warren: Wall Street?s public enemy No 1 Tuesday, July 27, 2010 @ 2:14PMElizabeth Warren: Wall Street?s public enemy No 1Elizabeth Warren: Wall Street?s public enemy No 1
- Fitch Rates AT&T's Proposed Debt Issuance 'A'; Outlook Stable Tuesday, July 27, 2010 @ 2:08PMCHICAGO----Fitch Ratings has assigned an 'A' rating to AT&T Inc.'s proposed offering of five-year senior unsecured debt. Proceeds will be used for general corporate purposes. The Rating Outlook is Stable.
- Consumer complaints: Top 10 most common in 2009 Tuesday, July 27, 2010 @ 1:53PMLandlords who won't exterminate roach-infested apartments. Debt collectors' harassing phone calls. Companies that sell timeshares for a fee -- then disappear with the money.
- Fitch Affirms YUM! Brand's IDR at 'BBB-'; Outlook Revised to Positive Tuesday, July 27, 2010 @ 12:55PMCHICAGO----Fitch Ratings has affirmed YUM! Brands, Inc.'s ratings as follows:
- Walking A Fine Line Monday, July 26, 2010 @ 2:57AM(RTTNews) - A vague comment by Federal Reserve Chairman Ben Bernanke, qualifying the recovery's course as "unusually uncertain", triggered a negative reaction in the markets in the previous week.
- Australia’s Key Stock Index May Jump 17%, Says UBS Monday, July 26, 2010 @ 2:49AMAustralia’s benchmark stock index may climb as much as 17 percent by the end of the year as the nation’s economy rebounds and concern over a slowdown in China recedes, UBS AG strategist David Cassidy said.
- Aussie shares poised to rally: strategist Monday, July 26, 2010 @ 1:27AMAustralian stocks may climb as much as 17% by the end of 2010 as the economy rebounds and concern over China recedes, a leading strategist says.
- U.S. Treasury Secretary Geithner says companies are 'very cautious' in hiring new employees Sunday, July 25, 2010 @ 8:40PMAndrew Harrer/BloombergTimothy Geithner, U.S. treasury secretary, speaks during a news conference outside the Treasury building in Washington, D.C., U.S., in this July 15 file photo. WASHINGTON, D.C. — Treasury Secretary Timothy F. Geithner said U.S. companies scarred by the financial...
- In Hollywood, Everybody's a Digital Revolutionary Sunday, July 25, 2010 @ 12:37PMInternet sites that promise to revolutionize movies or TV are popping up constantly, but do they represent a true boom backed by viable business models?
- Geithner Says Companies ‘Cautious’ About Hiring Sunday, July 25, 2010 @ 11:04AMTreasury Secretary Timothy F. Geithner said U.S. companies scarred by the financial crisis remain “very cautious” and are trying to get more productivity from current employees before hiring new ones.
- Long-term benefit makes law worth it Sunday, July 25, 2010 @ 5:21AMThe 2,300 page financial regulation and consumer protection bill that President Barack Obama signed last week has been called the most significant expansion of government power and financial regulation since the Great Depression of the 1930s.
- Geithner voices optimism Sunday, July 25, 2010 @ 3:35AMTreasury Secretary Timothy F. Geithner said he sees "basic confidence" in the U.S. economy even though credit is "still quite tight" for some borrowers.
- Most Pa. small businesses will get tax credit Sunday, July 25, 2010 @ 2:53AMNine of 10 small businesses in Pennsylvania will be eligible for tax credits this year under the new health-care reform law, and nearly one in four will qualify for the maximum 35 percent credit.
- AARP, others seek tighter rules on payday loans in Texas Sunday, July 25, 2010 @ 2:32AMMore than a dozen states restrict or ban payday lending.
- Too good to be true Sunday, July 25, 2010 @ 1:36AMWith an actor posing as a news reporter perched solemnly in front of the White House, a TV commercial aired by one debt relief company warns of a "Debt Crisis in America" and claims that it can reduce a consumer's debt "up to 65 percent."
- DeMarrais: Consumers win with new law Sunday, July 25, 2010 @ 1:12AMThis is a time for consumers to celebrate. The financial services reform bill that was signed into law by President Obama on Wednesday is landmark legislation.
- 5 places to look for the next financial crisis Saturday, July 24, 2010 @ 11:20AM5 places to look for the next financial crisis
- In Hollywood, Everybody’s a Digital Revolutionary Saturday, July 24, 2010 @ 10:50AMInternet sites that promise to revolutionize movies or TV are popping up constantly, but do they represent a true boom backed by viable business models?
- Cave-in on managing the money managers Saturday, July 24, 2010 @ 9:13AMCongress falls short on protecting investors from self-interested advisers. Here's what you can do in the meantime to safeguard your money.
- For-profit colleges could face restrictions Saturday, July 24, 2010 @ 7:14AMProposal would tie federal aid to student loan defaults at schools like Harrison, DeVry, ITT Tech, Phoenix.
- Reforming Wall Street: Finance law finally becomes real Saturday, July 24, 2010 @ 4:53AM0 false 18 pt 18 pt 0 0 false false false /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ascii-font ...
- Best Comments on Impact of Dodd-Frank Act on Rating Agencies Friday, July 23, 2010 @ 7:49AMThe recently enacted Dodd-Frank Wall Street Reform and Consumer Protection Act has specific provisions applicable to rating agencies. A comment on the Act's potential impact from A.M. Best notes ...
- UK Mortgage Approvals Decline In June Friday, July 23, 2010 @ 7:27AM(RTTNews) - The number of mortgage approvals for house purchases by U.K banks declined in June, latest data from the British Bankers' Association showed Friday.
- Republicans urge hearing for new consumer watchdog Friday, July 23, 2010 @ 7:12AMThe three Republican senators who backed the financial regulatory overhaul urged President Barack Obama not to appoint a new consumer protection watchdog while Congress is in recess.
- Transcript: Exclusive Interview With Obama Friday, July 23, 2010 @ 6:42AM"Good Morning America" consumer correspondent Elisabeth Leamy sits down with President Obama for an exclusive interview on July 22, 2010, about the new financial reform law. Barack Obama - Good Morning America - President of the United States - Elizabeth Warren - President
- Encore Bancshares Reports Second Quarter 2010 Net Loss of $12.7 Million, or $1.16 Per Diluted Share Friday, July 23, 2010 @ 6:30AMHOUSTON -- Encore Bancshares, Inc. today announced its financial results for the second quarter of 2010.
- Is it too early to analyse ROI from the Old Spice campaign? Friday, July 23, 2010 @ 6:14AMEarlier this month, social media darlings around the internet were singing the praises of Old Spice, with Mashable claiming that the now infamous campaign was the "future of marketing" and that the agency involved, Wieden + Kennedy, had set a "standard marketing experts will admire and follow in the years to come."