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	<title>Stock Blog Hub &#187; Bank of America Corporation</title>
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	<link>http://www.stockbloghub.com</link>
	<description>Start Your Investing Research Here!</description>
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		<title>(TD) The Toronto-Dominion Bank to Settle Overdraft Charges</title>
		<link>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264</link>
		<comments>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264#comments</comments>
		<pubDate>Wed, 16 May 2012 17:53:30 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100264</guid>
		<description><![CDATA[The Toronto-Dominion Bank (TD) is the latest to join the ever-growing list of banks facing litigation over misconduct and malpractices concerning overdraft fees. The bank has agreed to pay $62 million in settlement of a lawsuit filed against it by its customers accusing it of unreasonable assessment and collection of overdraft fees. However, the settlement requires approval from the U.S. District Judge in Miami. Background The customers accused TD Bank of regularly dealing with transactions pertaining to debit cards in the order of magnitude of the transaction rather than the chronological order. The intentional malpractices resulted in faster negative balances in customers’ accounts, leading to a larger number of overdrawn transactions, each of which then became chargeable. Consequently, overdraft fees piled up in excess. Moreover, TD Bank violated the U.S. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for May 15, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/05/15/xlf-stock-market-news-for-may-15-2012-market-news/100162</link>
		<comments>http://www.stockbloghub.com/2012/05/15/xlf-stock-market-news-for-may-15-2012-market-news/100162#comments</comments>
		<pubDate>Tue, 15 May 2012 16:08:16 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100162</guid>
		<description><![CDATA[Markets suffered a heavy fall yesterday as political uncertainty in Europe continued and China’s economic health looked gloomier than previously perceived. Financial bellwether JPMorgan’s disclosure that it had suffered a $2 billion trading loss remained an overhang on the markets and dragged down financials once again. As the benchmarks finished in the red, S&#38;P 500 recorded its lowest level since February. The Dow Jones Industrial Average (DJI) inched down 1% to close at 12,695.35. The Standard &#38; Poor 500 (S&#38;P 500) lost 1.1% and finished yesterday’s trading session at 1,338.35. The tech-laden Nasdaq Composite Index slumped 1.1% and ended at 2,902.58. The fear-gauge CBOE Volatility Index (VIX) jumped almost 10% to settle significantly higher at 21.87. Consolidated volumes on the New York Stock Exchange, Nasdaq, and the American Stock Exchange ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/15/xlf-stock-market-news-for-may-15-2012-market-news/100162/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Denied Intervening in Bank of America Deal</title>
		<link>http://www.stockbloghub.com/2012/04/27/aig-american-international-group-denied-intervening-in-bank-of-america-deal/99660</link>
		<comments>http://www.stockbloghub.com/2012/04/27/aig-american-international-group-denied-intervening-in-bank-of-america-deal/99660#comments</comments>
		<pubDate>Fri, 27 Apr 2012 17:26:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99660</guid>
		<description><![CDATA[On Tuesday, as reported by Reuters, American International Group Inc.&#8216;s (AIG) attempts to intervene in Bank of America Corporation&#8216;s (BAC) $8.5 billion mortgage bond settlement case were spurned. New York state Supreme Court Justice Barbara Kapnick not only dismissed the allegations of AIG, but also of the other investors. Reasons Behind AIG’s Opposition Along with a group of investors, AIG had earlier opposed BofA’s deal, citing the settlement as substantially inadequate. They wanted the settlement deal to come under Article 77, a special proceeding under which the scope of inquiry would amplify in the form of plenary action. According to AIG, conversion of the settlement case into limited proceeding will provide the investors with a chance to scrutinize and consider whether the compensation offered to them by BofA was sufficient ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/27/aig-american-international-group-denied-intervening-in-bank-of-america-deal/99660/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Big Day for Data and Earnings</title>
		<link>http://www.stockbloghub.com/2012/04/20/bac-big-day-for-data-and-earnings/99159</link>
		<comments>http://www.stockbloghub.com/2012/04/20/bac-big-day-for-data-and-earnings/99159#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:25:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[DD]]></category>
		<category><![CDATA[EI DuPont de Nemours & Company]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99159</guid>
		<description><![CDATA[A slew of economic and earnings news provides the backdrop to today’s trading action. We have reassuring news out of Spain this morning, with a decently successful auction for long-term government bonds. The earnings story is also unfolding favorably, with this morning’s basket of reports from Bank of America (BAC), DuPont (DD) and Morgan Stanley (MS) providing a positive backdrop. But the all-important domestic labor market picture emerging out of this morning’s Jobless Claims reading is less than inspiring. And that’s not all in terms of economic reports for today: we also have readings on Existing Home Sales, Leading Indicators and a regional manufacturing survey from the Philly Fed on deck for release a little later. Importantly, Spain held a reasonably good auction for longer-duration government bonds today, which should ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/20/bac-big-day-for-data-and-earnings/99159/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Company Returns to Form</title>
		<link>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-company-returns-to-form/98546</link>
		<comments>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-company-returns-to-form/98546#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:24:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DaVita Inc.]]></category>
		<category><![CDATA[DVA]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98546</guid>
		<description><![CDATA[After profit declines for two straight quarters, JPMorgan Chase &#38; Company (JPM) reported first quarter earnings per share of $1.31, topping the Zacks Consensus Estimate of $1.17. This also compares favorably with $1.28 earned in the prior-year quarter. That’s more like the JPMorgan we have always known. JPMorgan’s better-than-expected earnings signals good going by the sector as it has exposure in almost all banking businesses. Marked recovery of the bond and equity market and consequent revenue growth, which helped JPMorgan to bounce back, should lift the results of other mega-banks during the quarter. JPMorgan’s earnings per share for the reported quarter included certain significant nonrecurring items, such as after-tax benefit from reduced loan loss reserves of 28 cents per share, after-tax benefit from the Washington Mutual bankruptcy settlement of 17 ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase Earnings Preview</title>
		<link>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-earnings-preview-2/98488</link>
		<comments>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-earnings-preview-2/98488#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:15:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DaVita Inc.]]></category>
		<category><![CDATA[DVA]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NIM]]></category>
		<category><![CDATA[Nuveen Select Maturities Municipal Fund]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98488</guid>
		<description><![CDATA[JPMorgan Chase &#38; Co. (JPM) is scheduled to report its first quarter 2012 results before the market opens on Friday, April 13. The Zacks Consensus Estimate for the quarter is $1.17 per share, representing a year-over-year slump of about 9%. After profit declines for two straight quarters, we expect JPMorgan to report impressive numbers this quarter as it is wont to do. Marked recovery of the bond and equity market and consequent revenue growth forms the basis of our assumption. Though there are fundamental pressures like low interest rates and sluggish loan demand growth on the sector, improving macroeconomic elements, such as rising consumer spending and lower unemployment, are expected to bring revenue stability for JPMorgan and the other major U.S. banks. However, JPMorgan has been fighting with poor capital market ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-earnings-preview-2/98488/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Acquires Ariel Reinsurance</title>
		<link>http://www.stockbloghub.com/2012/04/19/gs-goldman-acquires-ariel-reinsurance/98392</link>
		<comments>http://www.stockbloghub.com/2012/04/19/gs-goldman-acquires-ariel-reinsurance/98392#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:53:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98392</guid>
		<description><![CDATA[On Tuesday, The Goldman Sachs Group Inc. (GS) completed the purchase of Ariel Reinsurance’s Bermuda-based insurance and reinsurance operations from Ariel Holdings Ltd. The terms of this deal were undisclosed. Goldman will combine the acquired business with its existing Lloyd’s business. The combined entity will work as part of Goldman Sachs Reinsurance Group (GSRG) with the brand name Ariel Reinsurance (Ariel Re). GSRG covers the property and casualty reinsurance business in London. Founded in 2005, Ariel Holdings Ltd. provides a wide range of property and casualty insurance and reinsurance products to companies and policyholders across the globe. It focuses on achieving above-average economic returns for the risks taken and maintains adequate financial availability to meet the requirements of underwriting businesses. Managers at Ariel Re find the acquisition quite opportunistic. They ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WFC) Wells Fargo Beats the Street as Revenues Increase</title>
		<link>http://www.stockbloghub.com/2012/04/19/wfc-wells-fargo-beats-the-street-as-revenues-increase/98548</link>
		<comments>http://www.stockbloghub.com/2012/04/19/wfc-wells-fargo-beats-the-street-as-revenues-increase/98548#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:29:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[The Governor and Company of The Bank of Ireland]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98548</guid>
		<description><![CDATA[Wells Fargo &#38; Company’s (WFC) first quarter 2012 earnings of 75 cents per share were 2 cents ahead of the Zacks Consensus Estimate. Results improved from earnings per share of 73 cents in the prior quarter and 67 cents in the year-ago quarter. First quarter net income applicable to common stock came in at $4.0 billion, up 3% sequentially and 13% year over year. Wells Fargo’s results were primarily driven by a higher top line. The company reported a growth in mortgage banking revenue. It also reported $400 million (pre tax), attributable to improved portfolio performance. However, an increase in operating expenses was on the downside. The quarter’s revenue came in at $21.6 billion, which was above the Zacks Consensus Estimate of $20.5 billion. Revenue was also up 5% sequentially ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/19/wfc-wells-fargo-beats-the-street-as-revenues-increase/98548/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Apr 19: Economic,Earnings News To Drive Indices &#8211; Economic Highlights</title>
		<link>http://www.stockbloghub.com/2012/04/19/bac-apr-19-economicearnings-news-to-drive-indices-economic-highlights/99162</link>
		<comments>http://www.stockbloghub.com/2012/04/19/bac-apr-19-economicearnings-news-to-drive-indices-economic-highlights/99162#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:27:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[DD]]></category>
		<category><![CDATA[EI DuPont de Nemours & Company]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99162</guid>
		<description><![CDATA[A slew of economic and earnings news provides the backdrop to today’s trading action. We have reassuring news out of Spain this morning, with a decently successful auction for long-term government bonds. The earnings story is also unfolding favorably, with this morning’s basket of reports from Bank of America (BAC), DuPont (DD) and Morgan Stanley (MS) providing a positive backdrop. But the all-important domestic labor market picture emerging out of this morning’s Jobless Claims reading is less than inspiring. And that’s not all in terms of economic reports for today: we also have readings on Existing Home Sales, Leading Indicators and a regional manufacturing survey from the Philly Fed on deck for release a little later. Importantly, Spain held a reasonably good auction for longer-duration government bonds today, which should ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/19/bac-apr-19-economicearnings-news-to-drive-indices-economic-highlights/99162/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Looks to Sell Assets Again</title>
		<link>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970</link>
		<comments>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970#comments</comments>
		<pubDate>Thu, 19 Apr 2012 02:12:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Community Properties Trust]]></category>
		<category><![CDATA[APO]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98970</guid>
		<description><![CDATA[On Tuesday, Reuters reported that Bank of America Corporation (BAC) is again preparing to divest its international units in a bid to further streamline its operations and focus on its core businesses. This time, BofA intends to sell its international wealth management units in anticipation of receiving about $3 billion. The units on sale, which were mostly obtained by BofA from its Merrill Lynch acquisition in 2009, comprise nearly $90 billion worth of assets under management. However, this division of BofA has been procuring mediocre results due to inadequate business scale. The Prospective Buyers The potential bidders have been asked to present their tenders this week for the first round of bidding. However, the sale offer may not seem attractive to many buyers as the wealth management businesses normally do ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GDP) Stock Market News for April 16, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/04/16/gdp-stock-market-news-for-april-16-2012-market-news/98640</link>
		<comments>http://www.stockbloghub.com/2012/04/16/gdp-stock-market-news-for-april-16-2012-market-news/98640#comments</comments>
		<pubDate>Mon, 16 Apr 2012 18:15:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[GDP]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[Goodrich Petroleum Corporation]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98640</guid>
		<description><![CDATA[Fears of a global financial slowdown, sparked off by worrying news from Europe and China, battered the markets down on Friday resulting in the benchmarks’ worst week this year. None of the 10 industry groups of S&#38;P 500 could muster a finish in the green, and the index suffered its first set of consecutive declines since November last year. The Dow Jones Industrial Average (DJI) plunged 1.2% to settle at 12,849.59. The Standard &#38; Poor 500 (S&#38;P 500) slumped 1.3% to finish Friday’s trading session at 1,370.26. The tech-laden Nasdaq Composite Index crashed to 3,011.33, after losing 1.5%. The fear-gauge CBOE Volatility Index (VIX) soared 13.7% to close at 19.55. Consolidated volumes on the New York Stock Exchange, the American Stock Exchange and Nasdaq remained low at roughly 6.07 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/16/gdp-stock-market-news-for-april-16-2012-market-news/98640/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) The Thick of Q1 Earnings Season &#8211; Earnings Preview</title>
		<link>http://www.stockbloghub.com/2012/04/16/c-the-thick-of-q1-earnings-season-earnings-preview/98620</link>
		<comments>http://www.stockbloghub.com/2012/04/16/c-the-thick-of-q1-earnings-season-earnings-preview/98620#comments</comments>
		<pubDate>Mon, 16 Apr 2012 18:14:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[Abbott Laboratories]]></category>
		<category><![CDATA[ABT]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DD]]></category>
		<category><![CDATA[EBAY]]></category>
		<category><![CDATA[eBay Inc.]]></category>
		<category><![CDATA[EI DuPont de Nemours & Company]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[International Business Machines Corporation]]></category>
		<category><![CDATA[JNJ]]></category>
		<category><![CDATA[Johnson & Johnson]]></category>
		<category><![CDATA[KO]]></category>
		<category><![CDATA[MCD]]></category>
		<category><![CDATA[McDonald's Corporation]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[The Coca-Cola Company]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
		<category><![CDATA[YHOO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98620</guid>
		<description><![CDATA[We are jumping right into the thick of the first quarter reporting cycle this week, with more than 250 companies coming out with results, including 89 companies from the S&#38;P 500. We will have representation from the who’s who of the corporate world, with a number of bellwether players on tap to come out with results. By the end of the week, we will have a good enough number to judge this earnings season. While earnings will remain the primary focus during the week, we have a number of market-moving economic releases on deck as well. We will get a sense of the consumer economy though the monthly Retail Sales numbers, while the Industrial Production report will give us a good read on the manufacturing sector. Regional manufacturing surveys from ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/16/c-the-thick-of-q1-earnings-season-earnings-preview/98620/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BAC) Bank of America: The New Landlord</title>
		<link>http://www.stockbloghub.com/2012/04/11/bac-bank-of-america-the-new-landlord/96714</link>
		<comments>http://www.stockbloghub.com/2012/04/11/bac-bank-of-america-the-new-landlord/96714#comments</comments>
		<pubDate>Wed, 11 Apr 2012 18:56:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96714</guid>
		<description><![CDATA[Last week, Bank of America Corporation (BAC) announced its ‘Mortgage to Lease’ initiative, allowing the distressed customers (related to foreclosures) to remain in their houses as the ownership of their property would be taken over by the company. At present, the company has launched a pilot project in the states of Nevada, Arizona and New York and only about 1,000 homeowners will become a part of this program. BofA further stated that the customers will be chosen by the company itself. They will not be allowed to apply or volunteer for the program. Once the program is successful, it will be rolled out nationally. Eligibility Criteria BofA has stated that the customers who would be chosen in the pilot project will have to fulfill all the criteria that the company ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/11/bac-bank-of-america-the-new-landlord/96714/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(MS) Morgan Stanley Faces Federal Reserve Fury</title>
		<link>http://www.stockbloghub.com/2012/04/09/ms-morgan-stanley-faces-federal-reserve-fury/97940</link>
		<comments>http://www.stockbloghub.com/2012/04/09/ms-morgan-stanley-faces-federal-reserve-fury/97940#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:00:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97940</guid>
		<description><![CDATA[Morgan Stanley (MS) is facing the Federal Reserve’s fury. According to a Reuters report, the Fed plans to fine Morgan Stanley on grounds of misconduct and negligence in handling foreclosures by one of its mortgage servicing units. The mortgage servicing unit in question is Saxon Mortgage Services Inc. While Morgan Stanley agreed to sell this unit to Ocwen Financial Corp in October 2011 and closed the deal recently, the Fed pointed at this unit’s behavior with respect to foreclosures between 2009 and 2010. According to Fed allegations, this particular unit of Morgan Stanley completed foreclosures without properly verifying the documents. Moreover, according to Fed, the company was also in dearth of adequate staff and resources for handling an increased flow of foreclosures during that period. While Fed has not revealed ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/09/ms-morgan-stanley-faces-federal-reserve-fury/97940/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Company News for March 21, 2012 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2012/04/04/bac-company-news-for-march-21-2012-corporate-summary/96067</link>
		<comments>http://www.stockbloghub.com/2012/04/04/bac-company-news-for-march-21-2012-corporate-summary/96067#comments</comments>
		<pubDate>Wed, 04 Apr 2012 16:35:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[LGF]]></category>
		<category><![CDATA[Lions Gate Entertainment Corporation]]></category>
		<category><![CDATA[TIF]]></category>
		<category><![CDATA[Tiffany & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96067</guid>
		<description><![CDATA[•    EMC Corporation (NYSE:EMC) announced the acquisition of privately-held Pivotal Labs through an all cash transaction •    Shares of Lions Gate Entertainment (NYSE:LGF) soared 7.2% to $15.30, an all-time high, before the release of its movie, The Hunger Games •    Shares of Bank of America Corporation (NYSE:BAC) gained 2.9% after it announced that it will not be issuing any further equity in a second offering •    Tiffany &#38; Company (NYSE:TIF) posted fourth-quarter 2011 earnings of $1.39 per share, missing the Zacks Consensus Estimate of $1.41 BANK OF AMER CP (BAC): Free Stock Analysis Report EMC CORP -MASS (EMC): Free Stock Analysis Report LIONS GATE ETMT (LGF): Free Stock Analysis Report TIFFANY &#38; CO (TIF): Free Stock Analysis Report View original at: Zacks Investment Research &#8211; All Commentary Articles]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/04/bac-company-news-for-march-21-2012-corporate-summary/96067/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BAC) Bank of America Wins Dismissal of Lawsuit</title>
		<link>http://www.stockbloghub.com/2012/04/02/bac-bank-of-america-wins-dismissal-of-lawsuit/97290</link>
		<comments>http://www.stockbloghub.com/2012/04/02/bac-bank-of-america-wins-dismissal-of-lawsuit/97290#comments</comments>
		<pubDate>Mon, 02 Apr 2012 17:36:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97290</guid>
		<description><![CDATA[On Thursday, the dismissal of lawsuit pertaining to the buyback of defective mortgage-backed securities (MBS), gave reprieve to Bank of America Corporation (BAC). The lawsuit was filed against BofA by a group of investors led by Walnut Place group. The litigation charged BofA’s Countrywide Financial Corp. unit, which the bank acquired in 2008, of making wrong representations and warranties about the loans that backed these securities. The judge also dismissed Walnut Place&#8217;s allegation that Countrywide&#8217;s MBS trustee, The Bank of New York Mellon Corporation (BK), had not acted on its complaints regarding defective Countrywide loans. The judge who dismissed the present litigation will also decide the fate of BofA’s $8.5 billion MBS settlement deal. In June 2011, the company had entered into an agreement to pay $8.5 billion for its ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Continues to Shrink</title>
		<link>http://www.stockbloghub.com/2012/03/23/bac-bank-of-america-continues-to-shrink/96346</link>
		<comments>http://www.stockbloghub.com/2012/03/23/bac-bank-of-america-continues-to-shrink/96346#comments</comments>
		<pubDate>Fri, 23 Mar 2012 21:55:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Community Properties Trust]]></category>
		<category><![CDATA[APO]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96346</guid>
		<description><![CDATA[Although Bank of America Corporation (BAC) strived and passed requirements of Federal Reserve’s stringent capital criteria, BofA is still banking on its plan to shrink balance sheet in order to streamline its operations, focus on its core businesses and improve top-line growth. Earlier this week, BofA has come up with the divestiture of its consumer credit card operations in Ireland to Apollo Global Management LLC’s (APO) fund affiliate, Apollo European Principal Finance Fund I (Apollo EPF). BofA’s Irish card unit includes more than 200,000 customer accounts with a balance of more than €650 million ($860 million) in receivables. The unit will continue to be managed in Ireland by its existing 250 staff. However, the financial terms of the agreement were undisclosed and the deal is still subjected to regulatory approvals. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) Lehman Brothers Exits Bankruptcy: Good Days Ahead?</title>
		<link>http://www.stockbloghub.com/2012/03/23/aig-lehman-brothers-exits-bankruptcy-good-days-ahead/96312</link>
		<comments>http://www.stockbloghub.com/2012/03/23/aig-lehman-brothers-exits-bankruptcy-good-days-ahead/96312#comments</comments>
		<pubDate>Fri, 23 Mar 2012 19:06:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96312</guid>
		<description><![CDATA[The Big News: Disgraced investment banking giant Lehman Brothers, which was first in line among the Wall Street’s bellwethers to collapse, announced its emergence from bankruptcy earlier this month. The Immediate Question: Is this an indication of strong economic recovery? The Answer (According to us): The collapse of Lehman was the starting point of the recession. On that count, a hopeful mind might believe that its revival should accelerate the pace of economic recovery. However, the equation is not so simple. We believe the lingering fundamental challenges will not allow the economic growth to return to its pre-recession level anytime soon. Fall of Lehman &#38; the Weary Banks Turning back the pages, Lehman once boasted being the fourth-largest investment bank in the U.S. with operations in more than 40 countries ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/23/aig-lehman-brothers-exits-bankruptcy-good-days-ahead/96312/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Federal Reserve to Fine Eight Other Banks for Foreclosure Mess</title>
		<link>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108</link>
		<comments>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108#comments</comments>
		<pubDate>Thu, 22 Mar 2012 16:05:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96108</guid>
		<description><![CDATA[After penalizing the country’s five largest mortgage servicers last month, the Federal Reserve now plans to fine eight other banks for foreclosure abuses. This was stated by Suzanne G. Killian, a senior associate director of the Fed, at a congressional hearing in Brooklyn. The banks that were held responsible for wrongly foreclosing homeowners’ properties include EverBank, The Goldman Sachs Group Inc. (GS), HSBC Holdings Plc (HBC), PNC Financial Services Group (PNC), MetLife Inc. (MET), OneWest Bank, SunTrust Banks (STI) and U.S. Bancorp (USB). However, the amounts of penalties have not been disclosed. The nation’s mortgage servicers were under the radar for the alleged used of ‘robo-signers’ ? employees who sign hundreds of documents a day without verifying decisive information like the previously outstanding amounts of borrowers. This was the main ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(SPG) Simon Property Group to Issue Shares</title>
		<link>http://www.stockbloghub.com/2012/03/19/spg-simon-property-group-to-issue-shares/94750</link>
		<comments>http://www.stockbloghub.com/2012/03/19/spg-simon-property-group-to-issue-shares/94750#comments</comments>
		<pubDate>Tue, 20 Mar 2012 03:25:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Retail]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Simon Property Group Inc.]]></category>
		<category><![CDATA[SPG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94750</guid>
		<description><![CDATA[Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), has recently announced a secondary offering of 8.5 million common shares at $137.00 each. The company had earlier announced its offer of 7 million shares, but was forced to increase the quantum of equity offering due to strong investor demand. The company has also decided to grant the underwriters an option to purchase an additional 1.275 million shares to cover any over-allotments. J.P. Morgan Securities LLC, the investment banking division of JPMorgan Chase &#38; Co. (JPM); BofA Merrill Lynch, the investment banking and wealth management division of Bank of America Corporation (BAC); The Goldman Sachs Group, Inc. (GS), a full-service global investment banking and securities firm; Citigroup Global Markets Inc., the brokerage and securities arm of Citigroup Inc. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/19/spg-simon-property-group-to-issue-shares/94750/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for March 16, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/03/16/xlf-stock-market-news-for-march-16-2012-market-news/95441</link>
		<comments>http://www.stockbloghub.com/2012/03/16/xlf-stock-market-news-for-march-16-2012-market-news/95441#comments</comments>
		<pubDate>Fri, 16 Mar 2012 19:18:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95441</guid>
		<description><![CDATA[Encouraging economic data not only enabled markets to extend their winning streak, the Standard &#38; Poor 500 closed above 1,4 00 for the first time since  the Great Recession. Unemployment claims dropped to a four-year low and producer prices’ posted their largest gain in five months to bolster the benchmarks, which are now likely to post strong weekly gains. The Dow Jones Industrial Average (DJI) posted gains for seven consecutive days after it moved up 0.4% to finish at 13,252.76. The Standard &#38; Poor 500 (S&#38;P 500) jumped 0.6% to finish at 1,402.60. The tech-laden Nasdaq Composite Index rose 0.5% to close yesterday’s trading session at 3,056.37. The fear-gauge CBOE Volatility Index (VIX) edged up 0.7% to settle at 15.42. Consolidated volumes on the New York Stock Exchange, the NYSE ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/16/xlf-stock-market-news-for-march-16-2012-market-news/95441/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AXP) American Express Announces $5 Billion Share Buyback</title>
		<link>http://www.stockbloghub.com/2012/03/14/axp-american-express-announces-5-billion-share-buyback/95231</link>
		<comments>http://www.stockbloghub.com/2012/03/14/axp-american-express-announces-5-billion-share-buyback/95231#comments</comments>
		<pubDate>Wed, 14 Mar 2012 20:03:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DFS]]></category>
		<category><![CDATA[Discover Financial Services]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95231</guid>
		<description><![CDATA[Basking after an impressive quarter, American Express Co. (AXP) (AmEx) announced its intention of buying back shares worth $5 billion within two years, besides initiating about an 11% hike in its regular dividend to 20 cents from the prior 18 cents. The resolution of a hefty buyback and dividend hike comes after the US Federal Reserve (Fed) passed most of the banks in the annual capital stress-test yesterday, with flying colours. Accordingly, the Fed appeared satisfied about the capital requirement and holding of most of the top banks in the US such as AmEx, JP Morgan Chase &#38;Co. (JPM), Morgan Stanley (MS), Bank of America Corp. (BAC), Goldman Sachs Group Inc. (GS), Bank of New York Mellon Corp. (BK), State Street Corp. (STT), BB&#38;T Corp. (BBT), U.S.Bancorp. (USB) and Wells ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/14/axp-american-express-announces-5-billion-share-buyback/95231/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ETFC) E*TRADE Financial Doubles CEO&#8217;s Pay Package</title>
		<link>http://www.stockbloghub.com/2012/03/13/etfc-etrade-financial-doubles-ceos-pay-package/94878</link>
		<comments>http://www.stockbloghub.com/2012/03/13/etfc-etrade-financial-doubles-ceos-pay-package/94878#comments</comments>
		<pubDate>Tue, 13 Mar 2012 18:34:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Investment Brokerage - National]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[E*TRADE Financial Corporation]]></category>
		<category><![CDATA[ETFC]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94878</guid>
		<description><![CDATA[E*TRADE Financial Corporation’s (ETFC) Chief Executive Officer (CEO) Mr. Steven Freiberg’s total compensation, including a cash bonus, had been raised to $6.3 million in 2011, according to a regulatory filing on Friday. In 2010, Freiberg’s compensation was $3 million. Freiberg’s pay package includes salary of $1.0 million, a cash bonus of $3.0 million and stock awards of $1.5 million for the year 2011. He has also received $742,497 in options and $44,392 in other compensation. Furthermore, the CEO was granted $3 million worth shares, which will be vested over a period of 4 years. After Freiberg’s appointment as CEO in April 2010, E*TRADE entered the profit region in 2011 for the first time since 2006. The company reported net income of $156.7 million or 54 cents per share in 2011, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/13/etfc-etrade-financial-doubles-ceos-pay-package/94878/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TROW) T. Rowe Price Group CEO Gets Pay Hike</title>
		<link>http://www.stockbloghub.com/2012/03/13/trow-t-rowe-price-group-ceo-gets-pay-hike/94856</link>
		<comments>http://www.stockbloghub.com/2012/03/13/trow-t-rowe-price-group-ceo-gets-pay-hike/94856#comments</comments>
		<pubDate>Tue, 13 Mar 2012 18:33:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[T. Rowe Price Group Inc.]]></category>
		<category><![CDATA[TROW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94856</guid>
		<description><![CDATA[T. Rowe Price Group Inc.’s (TROW) Chief Executive Officer (CEO), James A.C. Kennedy, got a 10% hike in his total compensation package. His salary had been increased to $7.8 million in 2011 from $7.1 million, according to a Securities and Exchange Commission filing last week. In addition to this, T. Rowe Price’s chairman and chief investment officer, Brian C. Rogers, got a pay hike in 2011. Rogers’ compensation package surged 12% to $7.7 million in 2011 from $6.8 million in 2010. The pay hike of executives at T. Rowe was a result of certain factors, including the company’s performance in 2011. The company’s net income climbed 15% to $773.2 million or $2.92 per share in 2011. After Kennedy’s appointment as CEO in 2007, T. Rowe price has reported an increase ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/13/trow-t-rowe-price-group-ceo-gets-pay-hike/94856/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Considering New Fees Again</title>
		<link>http://www.stockbloghub.com/2012/03/07/bac-bank-of-america-considering-new-fees-again/94251</link>
		<comments>http://www.stockbloghub.com/2012/03/07/bac-bank-of-america-considering-new-fees-again/94251#comments</comments>
		<pubDate>Wed, 07 Mar 2012 17:41:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94251</guid>
		<description><![CDATA[It has been over a year since Bank of America Corporation (BAC) has been testing its new fee structure in the states of Arizona, Massachusetts and Georgia. In this context, on Thursday, The Wall Street Journal reported that BofA is planning to impose these fees on its customers. According to the company, there has been no decision as to how or when these fees would be introduced on new accounts. According to the source, BofA is considering raising monthly fees on checking accounts. The company is planning to charge $6-$9 per month on basic checking accounts. Apart from this, the company is also mulling monthly fee in the range of $9-$25 on other checking accounts. However, customers need not worry as there are certain ways to avoid these fees. BofA ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/07/bac-bank-of-america-considering-new-fees-again/94251/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group to Buy Ariel Reinsurance</title>
		<link>http://www.stockbloghub.com/2012/03/06/gs-the-goldman-sachs-group-to-buy-ariel-reinsurance/94376</link>
		<comments>http://www.stockbloghub.com/2012/03/06/gs-the-goldman-sachs-group-to-buy-ariel-reinsurance/94376#comments</comments>
		<pubDate>Tue, 06 Mar 2012 21:38:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94376</guid>
		<description><![CDATA[The Goldman Sachs Group Inc. (GS) is working seriously on its acquisition and global expansion strategies. Last week, the company announced that it is planning to purchase Ariel Reinsurance’s Bermuda-based insurance and reinsurance operations from Ariel Holdings Ltd. The terms of this deal were undisclosed; however, it is expected to close on April 1, 2012. In January, Goldman reported 67% fall in 2011 earnings compared to the prior year, and has targeted approximately $1.4 billion in run-rate compensation and non-compensation expense reductions through a combination of declines in total staff and planned expenditures. The firm is trying to recoup the losses it has incurred by boosting its revenues. Founded in 2005, Ariel Holdings Ltd. provides a wide range of property and casualty insurance and reinsurance products to companies and policyholders ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JNS) Janus Capital Group CEO Gets a Pay Cut</title>
		<link>http://www.stockbloghub.com/2012/03/06/jns-janus-capital-group-ceo-gets-a-pay-cut/94384</link>
		<comments>http://www.stockbloghub.com/2012/03/06/jns-janus-capital-group-ceo-gets-a-pay-cut/94384#comments</comments>
		<pubDate>Tue, 06 Mar 2012 21:37:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Asset Management]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Janus Capital Group Inc.]]></category>
		<category><![CDATA[JNS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94384</guid>
		<description><![CDATA[Janus Capital Group Inc.’s (JNS) Chief Executive Officer (CEO) Richard Weil’s total compensation had been reduced to $6.1 million in 2011 from $20.3 million, including a signing bonus of $10 million, in 2010, according to a proxy filing on Thursday. Excluding the bonus paid in 2010, Weil&#8217;s pay/salary suffered a 40% fall. The filing states that the CEO’s pay cut is based on certain factors, including the company’s performance in 2011. Moreover, the reduction in compensation encompasses the shareholder vote, which was taken at the annual meeting in April 2011. Yet, these votes were only advisory as needed by Congress after the financial crisis. Janus Capital will execute a new plan for Weil’s 2012 pay. The compensation will depend on the company’s operating income. Management will restrict Weil’s future possible ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/06/jns-janus-capital-group-ceo-gets-a-pay-cut/94384/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HCN) Health Care REIT Completes Share Offer</title>
		<link>http://www.stockbloghub.com/2012/03/05/hcn-health-care-reit-completes-share-offer/93995</link>
		<comments>http://www.stockbloghub.com/2012/03/05/hcn-health-care-reit-completes-share-offer/93995#comments</comments>
		<pubDate>Mon, 05 Mar 2012 15:21:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Healthcare Facilities]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HCN]]></category>
		<category><![CDATA[Health Care REIT Inc]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93995</guid>
		<description><![CDATA[Health Care REIT Inc. (HCN), a leading health care real estate investment trust (REIT) that operates senior housing and health care real estate, has recently completed its secondary offering of 20.7 million common shares at $53.50 each, including 2.7 million shares sold to the underwriters to cover the over-allotment options. Health Care REIT raised approximately $1.1 billion of gross proceeds from the offer. The company intends to utilize the proceeds to repay debt under its unsecured line of credit and other outstanding debt. BofA Merrill Lynch, the investment banking and wealth management division of Bank of America Corporation (BAC); J.P. Morgan Securities LLC, the investment banking division of JPMorgan Chase &#38; Co. (JPM); UBS Investment Bank, the investment banking division of UBS AG (UBS); Deutsche Bank Securities Inc. – the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/05/hcn-health-care-reit-completes-share-offer/93995/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for March 2, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/03/02/xlf-stock-market-news-for-march-2-2012-market-news/94107</link>
		<comments>http://www.stockbloghub.com/2012/03/02/xlf-stock-market-news-for-march-2-2012-market-news/94107#comments</comments>
		<pubDate>Fri, 02 Mar 2012 17:48:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Baker Hughes Inc.]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BHI]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Devon Energy Corporation]]></category>
		<category><![CDATA[DVN]]></category>
		<category><![CDATA[Energy Select Sector SPDR]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[National Oilwell Varco Incorporated]]></category>
		<category><![CDATA[NOV]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[XLE]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94107</guid>
		<description><![CDATA[Encouraging domestic economic data and the massive monetary injection by the European Central Bank (ECB) lifted the benchmarks modestly higher on Thursday. The day was somewhat marred by dismal economic data and news of explosion on an unknown Saudi oil pipeline. However, investors preferred the positives and the markets did finish in the green though it came down from its day’s highs. The Dow Jones Industrial Average (DJI) gained 0.2% and closed at 12,980.30. The Standard &#38; Poor 500 (S&#38;P 500) moved up 0.6% to finish yesterday’s trading session at 1,374.09. The tech-laden Composite Index enjoyed strong gains of 0.7% and settled at 2,988.97. The fear-gauge CBOE Volatility Index (VIX) plunged 6.4% and settled at 17.26. Consolidated volumes on the New York Stock Exchange, NYSE Amex and Nasdaq were 7 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/02/xlf-stock-market-news-for-march-2-2012-market-news/94107/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Settlement Case in State Court</title>
		<link>http://www.stockbloghub.com/2012/02/29/bac-bank-of-america-settlement-case-in-state-court/93812</link>
		<comments>http://www.stockbloghub.com/2012/02/29/bac-bank-of-america-settlement-case-in-state-court/93812#comments</comments>
		<pubDate>Wed, 29 Feb 2012 17:44:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93812</guid>
		<description><![CDATA[Providing a major relief to Bank of America Corporation (BAC), a U.S. Appeals Court has ruled that BofA’s $8.5 billion settlement deal related to mortgage backed securities (MBS) will be reviewed in the New York state court, instead of the federal court. This ruling overturns a decision by the U.S District Court to take the case to federal court in October 2011. The ruling for the settlement deal came after The Bank of New York Mellon Corporation (BK), the trustee for the MBS and the other parties – Pacific Investment Management Co. (PIMCO) and BlackRock Inc. (BLK) – argued that the settlement should remain in the state court, where the deal was actually filed. However, for the Walnut Place group, which was trying to move the case to the federal ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/29/bac-bank-of-america-settlement-case-in-state-court/93812/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for February 28, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/02/28/xlf-stock-market-news-for-february-28-2012-market-news/93747</link>
		<comments>http://www.stockbloghub.com/2012/02/28/xlf-stock-market-news-for-february-28-2012-market-news/93747#comments</comments>
		<pubDate>Tue, 28 Feb 2012 21:48:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CHCI]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Comstock Homebuilding Companies Inc]]></category>
		<category><![CDATA[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[Energy Select Sector SPDR]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[National Oilwell Varco Incorporated]]></category>
		<category><![CDATA[NOV]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[Western Asset Inflation Management Fund Inc]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XLE]]></category>
		<category><![CDATA[XLF]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93747</guid>
		<description><![CDATA[Domestic housing data, which came in better-than-expected, combined with a drop in crude prices, helped the markets close narrowly higher on Monday. The S&#38;P 500 hit its highest level since pre-recessionary days in May 2008 as it touched an intra-day high of 1,370.89. However, the Dow dropped marginally, prevented investors from seeing it settle above 13, 000. The Dow Jones Industrial Average (DJI) closed merely 0.01% lower at 12,981.51. The Standard &#38; Poor 500 (S&#38;P 500) edged up 0.1% and closed narrowly higher at 1,367.59. The Nasdaq Composite Index gained 0.1% and closed yesterday’s trading session at 2,966.16. The fear-gauge CBOE Volatility Index gained 515 and settled at 18.19. Consolidated volumes on the New York Stock Exchange, NYSE Amex and Nasdaq were 6.3 billion shares, which was lower than the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/28/xlf-stock-market-news-for-february-28-2012-market-news/93747/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Major Wall Street Banks Face New Mortgage Securities Lawsuit</title>
		<link>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524</link>
		<comments>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:22:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92524</guid>
		<description><![CDATA[According to Bloomberg, Sealink Funding Ltd., an Ireland-based investment firm, has filed a lawsuit against a number of major banks over residential mortgage-backed securities. The complaint lodged claims that these banks have misrepresented documents as the underwriters in the sale of mortgage-backed securities. The accused banks are Wall Street bigs like Bank of America Corporation (BAC), JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), The Royal Bank of Scotland Group plc (RBS), Credit Suisse Group (CS), Deutsche Bank AG (DB) and Nomura Holdings Inc. (NMR). Sealink alleged that these banks have issued misleading statements and omissions related to the mortgage-backed securities and has concealed risks associated with the securities. The company claims that the documents used in offering the securities contained untrue statements or omissions, about the actual risks involved ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Subpoenaed for Collateralized Loan Obligations Inquiry</title>
		<link>http://www.stockbloghub.com/2012/02/14/bac-bank-of-america-subpoenaed-for-collateralized-loan-obligations-inquiry/91641</link>
		<comments>http://www.stockbloghub.com/2012/02/14/bac-bank-of-america-subpoenaed-for-collateralized-loan-obligations-inquiry/91641#comments</comments>
		<pubDate>Tue, 14 Feb 2012 16:43:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91641</guid>
		<description><![CDATA[Massachusetts state regulators are investigating whether Bank of America Corporation (BAC) has knowingly inflated the value of assets in two loan portfolios that BofA sold to the investors in the form of collateralized loan obligations (CLOs). These loan portfolios led to nearly $150 million of losses to the investors. On Friday, Massachusetts Secretary of State William Galvin issued a subpoena to the unit of BofA, Bank of America Securities LLC for documents related to two CLOs – LCM VII Ltd. and Bryn Mawr CLO II – that were sold for a total of $865 million in July 2007. Bank of America Securities merged with Merrill Lynch after its acquisition in 2008. CLOs are bundles of loans that are sold to investors in different tranches with varying degrees of risk. The ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/14/bac-bank-of-america-subpoenaed-for-collateralized-loan-obligations-inquiry/91641/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan to Return Overdraft Fees</title>
		<link>http://www.stockbloghub.com/2012/02/13/jpm-jpmorgan-to-return-overdraft-fees/91442</link>
		<comments>http://www.stockbloghub.com/2012/02/13/jpm-jpmorgan-to-return-overdraft-fees/91442#comments</comments>
		<pubDate>Tue, 14 Feb 2012 05:18:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91442</guid>
		<description><![CDATA[The U.S. District Court of Southern Florida (Miami) has asked JPMorgan Chase &#38; Co. (JPM) to pay $110 million to settle a class lawsuit related to the charging of inappropriate overdraft fees to its customers. The court held the company responsible for manipulating transaction entries to generate larger overdraft fees, but this settlement has to be first approved by the U.S. District Judge in Miami. The lawsuit filed by the customers stated that the transactions were re-sequenced by JPMorgan in such a way that the largest withdrawals were deducted first instead of being cleared in the order in which they were received. As a result, customers’ balances diminished faster, resulting in a larger number of ‘overdrawn’ transactions, each of which then became chargeable. With a rise in debit card usage, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/13/jpm-jpmorgan-to-return-overdraft-fees/91442/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup Entangled in Lawsuit Again</title>
		<link>http://www.stockbloghub.com/2012/02/13/c-citigroup-entangled-in-lawsuit-again/91531</link>
		<comments>http://www.stockbloghub.com/2012/02/13/c-citigroup-entangled-in-lawsuit-again/91531#comments</comments>
		<pubDate>Tue, 14 Feb 2012 04:55:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91531</guid>
		<description><![CDATA[Citigroup Inc. (C) is again making headlines for landing into another legal mess. Recently, Citibank, the banking unit of the company, has been sued by Lehman Brothers Holdings Inc. for wrongly confiscating nearly $2.5 billion, which was transferred by Lehman just before its bankruptcy filing in 2008. Currently, Lehman is pursuing a liquidation plan and will likely pay 18 cents per dollar to its creditors. However, about $2 billion that it has so far gathered is actually pledged to Citi. Hence, Lehman is trying to trim down or reject the claim from Citi so that it can pay more to the other creditors. The spokesperson for Citi stated that the company will fight the lawsuit as Lehman’s action is not justified. Further, Citi also commented that Lehman has no right ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/13/c-citigroup-entangled-in-lawsuit-again/91531/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WFC) Wells Fargo &amp; Company Settles Foreclosure Mess</title>
		<link>http://www.stockbloghub.com/2012/02/13/wfc-wells-fargo-company-settles-foreclosure-mess/91580</link>
		<comments>http://www.stockbloghub.com/2012/02/13/wfc-wells-fargo-company-settles-foreclosure-mess/91580#comments</comments>
		<pubDate>Tue, 14 Feb 2012 04:53:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91580</guid>
		<description><![CDATA[Wells Fargo &#38; Co. (WFC) has reached a $5.3 billion settlement with states and federal authorities over alleged abuses in foreclosure practices. The company along with four other large mortgage servicers––Bank of America Corp. (BAC), Citigroup Inc. (C), JPMorgan Chase &#38; Co. (JPM) and Ally Financial have reached a settlement worth $25 billion in total with the attorneys general from 49 states and several federal agencies. WFC’s settlement is valued at approximately $5.3 billion for issues related to its mortgage servicing, foreclosure and origination. According to terms of the agreement, it will include $900 million in a refinance program and $3.4 billion in consumer relief programs. Moreover, it will comprise $1.0 billion in foreclosure assistance payment to the federal government and the states which will be used to address the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/13/wfc-wells-fargo-company-settles-foreclosure-mess/91580/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Class-Action Suit Against Bank of America</title>
		<link>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448</link>
		<comments>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448#comments</comments>
		<pubDate>Wed, 08 Feb 2012 18:06:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91448</guid>
		<description><![CDATA[Yesterday, the federal judge in Manhattan ordered Bank of America Corporation (BAC) to deal with a shareholders’ class-action lawsuit. The lawsuit accused BofA along with some of its senior managers and directors of misleading investors about the takeover of Merrill Lynch &#38; Co. as well as the amount of Merrill&#8217;s losses and bonus payouts in 2008. The shareholders of BofA filed a lawsuit against the company in federal court in Manhattan in 2009. They claimed that it has concealed information about bonuses to Merrill employees and also kept secret the financial losses suffered in the fourth quarter of 2008. The complaint lodged claims that BofA deceptively misrepresented the facts by providing materially misleading statements. Moreover, BofA was forced in January 2009 to take a second bailout from the federal Troubled ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(USB) U.S. Bancorp Acquires BankEast</title>
		<link>http://www.stockbloghub.com/2012/02/03/usb-u-s-bancorp-acquires-bankeast/91075</link>
		<comments>http://www.stockbloghub.com/2012/02/03/usb-u-s-bancorp-acquires-bankeast/91075#comments</comments>
		<pubDate>Fri, 03 Feb 2012 18:07:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91075</guid>
		<description><![CDATA[U.S. Bancorp (USB) is focused on expanding its business through acquisitions. The company’s lead bank, U.S. Bank National Association, acquired the banking operations of BankEast, a subsidiary of BankEast Corporation, in a Federal Deposit Insurance Corporation (FDIC) assisted deal. It is based in Knoxville, Tennessee. What’s the Deal? As part of the transaction, approximately $272 million worth of assets and $268 million of insured and uninsured depositsof BankEast, would be acquired by U.S. Bank. Also, the deal is designed as a bank purchase and assumption transaction en masse without a loss share agreement. An extensive credit due diligence was conducted by U.S. Bank, and ultimately BankEast was bought for an asset discount of approximately $67.5 million. Last Friday, BankEast was closed by the Tennessee Department of Financial Institutions, and FDIC ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/03/usb-u-s-bancorp-acquires-bankeast/91075/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Bank of America Corporation &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/01/26/bac-bank-of-america-corporation-bear-of-the-day-2/90883</link>
		<comments>http://www.stockbloghub.com/2012/01/26/bac-bank-of-america-corporation-bear-of-the-day-2/90883#comments</comments>
		<pubDate>Thu, 26 Jan 2012 16:03:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90883</guid>
		<description><![CDATA[Bank of America Corp.&#8217;s (BAC) fourth-quarter earnings came in substantially lower than the Zacks Consensus Estimate. The sale of non-core assets and accounting gains made it possible for the company to remain profitable during the quarter. However, excluding nonrecurring items, the company would have incurred a loss. Higher non-interest expense was the primary headwind in the quarterly numbers. Also, capital and liquidity remained weak. For the full year 2011, the company reported earnings of $0.01 per share, a nickel lower than the Zacks Consensus Estimate. Our six-month target price of $6.50 per share equates to about 7.0x our earnings estimate for 2012. This price target implies an expected negative total return of 8.1% over that period, which is consistent with our long-term Underperform recommendation on the shares. BANK OF AMER ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/26/bac-bank-of-america-corporation-bear-of-the-day-2/90883/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Stock Market News for January 23, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/23/bac-stock-market-news-for-january-23-2012-market-news/90644</link>
		<comments>http://www.stockbloghub.com/2012/01/23/bac-stock-market-news-for-january-23-2012-market-news/90644#comments</comments>
		<pubDate>Mon, 23 Jan 2012 17:38:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90644</guid>
		<description><![CDATA[Strong corporate results helped lift the Dow higher to a six month high, while the S&#38;P 500 registered frugal gains. Meanwhile, an earnings miss by Google weighed down the Nasdaq Composite Index. Nonetheless, the markets managed to end another week with gains and each benchmarks moved up by over 2%. The Dow Jones Industrial Average (DJI) added 0.8% to finish the day at 12,720.48. The Standard &#38; Poor 500 (S&#38;P 500) was up 0.07% to end almost unchanged at 1,315.38. The tech-laden Nasdaq Composite Index missed out on a seat in the green and dropped 0.06% to settle at 2,786.70.The fear-gauge CBOE Volatility Index (VIX) dropped down to 18.28. Total volume on the New York Stock Exchange (NYSE) was 3.96 billion shares. For 56% of the advancing stocks on the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/23/bac-stock-market-news-for-january-23-2012-market-news/90644/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Banking on a Turnaround? &#8211; Investment Ideas</title>
		<link>http://www.stockbloghub.com/2012/01/21/gs-banking-on-a-turnaround-investment-ideas/90584</link>
		<comments>http://www.stockbloghub.com/2012/01/21/gs-banking-on-a-turnaround-investment-ideas/90584#comments</comments>
		<pubDate>Sat, 21 Jan 2012 20:38:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90584</guid>
		<description><![CDATA[Can we really have a rally without the financials? Earnings have been mixed for the financials. Let’s take a deeper look at the players in each segment and see if we can’t come to a consensus as to whether or not a rally can be supported. The Zacks Rank for most of these banks is a #3 Rank (Hold) with only Goldman Sachs (GS) having a Zanks #5 Rank (Strong Sell). Investment Banks The capital markets have been weak, especially with the “IPO window” getting slammed shut around the time that Groupon was looking to make its public offering. Goldman Sachs (GS) beat on the bottom line but missed on the top line and saw revenues decline 30% year over year. The beat was the result of significant cost cutting. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/21/gs-banking-on-a-turnaround-investment-ideas/90584/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for January 20, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/20/xlf-stock-market-news-for-january-20-2012-market-news/90561</link>
		<comments>http://www.stockbloghub.com/2012/01/20/xlf-stock-market-news-for-january-20-2012-market-news/90561#comments</comments>
		<pubDate>Fri, 20 Jan 2012 20:10:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90561</guid>
		<description><![CDATA[Strong corporate earnings results and a positive jobless claims report helped carry the markets forward on Thursday. On an otherwise lackluster day, the S&#38;P 500 touched a five-month high as investors awaited results from Google. However, post the closing bells, Google’s results were big a disappointment. Benchmarks continued to hover around five-month high levels and the Dow Jones Industrial Average (DJI) gained 0.4% and moved up to 12,623.98. The Standard &#38; Poor 500 (S&#38;P 500) added 0.5% and finished the day at 1,314.50. The Nasdaq Composite Index was up 0.7% and closed yesterday’s trading session at 2,788.33. The fear-gauge CBOE Volatility Index (VIX) reflected the investors’ confidence, declining 4.9% to 19.87. For every couple of stocks that advanced on the New York Stock Exchange (NYSE), one stock was on the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/20/xlf-stock-market-news-for-january-20-2012-market-news/90561/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Stock Market News for January 18, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/18/bac-stock-market-news-for-january-18-2012-market-news/90417</link>
		<comments>http://www.stockbloghub.com/2012/01/18/bac-stock-market-news-for-january-18-2012-market-news/90417#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:42:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Carnival Corporation]]></category>
		<category><![CDATA[CCL]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[ICE]]></category>
		<category><![CDATA[Intercontinental Exchange]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KFT]]></category>
		<category><![CDATA[Kraft Foods Inc.]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[Sears Holdings Corporation]]></category>
		<category><![CDATA[SHLD]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90417</guid>
		<description><![CDATA[The major US indices registered gains to close in the green after a slew of positive economic reports were released at home and in China. A successful debt auction in Europe added to the cheer. However, the gains were limited, as investors’ sentiments were dampened after the banking sector incurred losses following disappointing earnings figures from Citigroup. The Dow Jones Industrial Average (DJI) gained 0.5% to settle at 12,482.07. The blue chip index’s major decliner was JP Morgan (NYSE:JPM) which fell by 2.81% after the banking giant reported uninspiring quarterly earnings results. The Standard &#38; Poor 500 (S&#38;P 500) posted gains of 0.4% and closed yesterday’s trading session at 1,293.67 before touching the psychological level of 1,300 earlier during the day. Energy sector stocks gained the most. The tech laden ]]></description>
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		<title>(BAC) Company News for January 17, 2012 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2012/01/17/bac-company-news-for-january-17-2012-corporate-summary/90344</link>
		<comments>http://www.stockbloghub.com/2012/01/17/bac-company-news-for-january-17-2012-corporate-summary/90344#comments</comments>
		<pubDate>Tue, 17 Jan 2012 18:22:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90344</guid>
		<description><![CDATA[•    During a hearing in Franfurt, Presiding Judge Daniel Koehle said JP Morgan Chase &#38; Co. (NYSE:JPM) and the German city of Pforzheim should settle their dispute over losses of 56 million Euros on an interest rate swap. •    Bank of America Chairman (NYSE:BAC) Chad Holliday expressed his continued support for CEO Brian Moynihan at a conference in the light of the bank’s declining stock price. •    Citigroup (NYSE:C) is scheduled to declare its fourth quarter and full year results for 2011 before the opening bell on Tuesday, January 17th. BANK OF AMER CP (BAC): Free Stock Analysis Report CITIGROUP INC (C): Free Stock Analysis Report JPMORGAN CHASE (JPM): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(EU) Stock Market News for January 16, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/16/eu-stock-market-news-for-january-16-2012-market-news/90261</link>
		<comments>http://www.stockbloghub.com/2012/01/16/eu-stock-market-news-for-january-16-2012-market-news/90261#comments</comments>
		<pubDate>Mon, 16 Jan 2012 23:35:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90261</guid>
		<description><![CDATA[Markets edged lower once again, bogged down by cross-Atlantic concerns as several euro-zone countries looked likely to suffer credit-rating downgrades. Things were also farm from cheerful on the domestic front after banking major J.P. Morgan Chase dampened sentiment with its quarterly results. These concerns mingled to partially erode weekly gains, but benchmarks were eventually able to hold on to gains for the week. The Dow Jones Industrial Average (DJI) shed 0.4% to end the day at 12,422.06. The Standard &#38; Poor 500 (S&#38;P 500) was down 0.5% and closed Friday’s trading session at 1,289.09. The Nasdaq Composite Index slipped 0.5% and finished at 2,710.67. The fear-gauge CBOE Volatility Index (VIX) moved up by 2.2% and settled at 20.91. Nonetheless, the fear-gauge index is still well below the key level of ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MS) Morgan Stanley Analyst Maintains Underperform on Shares</title>
		<link>http://www.stockbloghub.com/2012/01/14/ms-morgan-stanley-analyst-maintains-underperform-on-shares/90044</link>
		<comments>http://www.stockbloghub.com/2012/01/14/ms-morgan-stanley-analyst-maintains-underperform-on-shares/90044#comments</comments>
		<pubDate>Sat, 14 Jan 2012 18:32:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90044</guid>
		<description><![CDATA[We are reiterating our long-term Underperform recommendation on Morgan Stanley (MS). Though the company’s third-quarter results were significantly ahead of the Zacks Consensus Estimate, there are concerns regarding its financials being marred by various new regulatory requirements, elevated operating expenses and intense pricing competition. However, the company’s restructuring initiatives along with its organic and inorganic growth strategies continue to be significant growth drivers. Elevated operating expenses remain a major cause of concern for Morgan Stanley. In December 2011, in order to bring down costs and stabilize revenue growth, the company announced its plan to trim down its workforce in the first quarter of 2012. However, we do not expect this initiative to fully control the cost as the company continues to invest in its franchise. As Standard &#38; Poor&#8217;s (S&#38;P) ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(XLE) Stock Market News for January 9, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/09/xle-stock-market-news-for-january-9-2012-market-news/89896</link>
		<comments>http://www.stockbloghub.com/2012/01/09/xle-stock-market-news-for-january-9-2012-market-news/89896#comments</comments>
		<pubDate>Mon, 09 Jan 2012 16:35:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Energy Select Sector SPDR]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[RIG]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[Transocean Limited]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[XLE]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89896</guid>
		<description><![CDATA[The fact that the US unemployment rate has dropped to its lowest level since February 2009 failed to spark a rally on Friday. European concerns weighed on sentiment to drag the benchmarks marginally lower. However, the first week of 2012 ended on a positive note amidst a slew of encouraging economic reports, On Friday, the Dow Jones Industrial Average (DJIA) dropped 0.5% to close the day at 12,359.92. The Standard &#38; Poor 500 (S&#38;P 500) was down 0.3% and closed Friday’s trading session at 1,277.81. However, the tech-laden Nasdaq Composite Index registered gains of 0.2% and finished at 2,674.22. The fear-gauge CBOE Volatility Index (VIX) reflected subdued fears, dropping almost 4% to close at 20.63. Consolidated volumes on the New York Stock Exchange, the Nasdaq and Amex were roughly 6.3 ]]></description>
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		<title>(BAC) Stock Market News for January 4, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/08/bac-stock-market-news-for-january-4-2012-market-news/89646</link>
		<comments>http://www.stockbloghub.com/2012/01/08/bac-stock-market-news-for-january-4-2012-market-news/89646#comments</comments>
		<pubDate>Mon, 09 Jan 2012 04:48:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[ACI]]></category>
		<category><![CDATA[Alpha Natural Resources Inc]]></category>
		<category><![CDATA[ANR]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Arch Coal Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CAT]]></category>
		<category><![CDATA[Caterpillar Inc.]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Patriot Coal Corporation]]></category>
		<category><![CDATA[PCX]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>
		<category><![CDATA[Riverbed Technology Inc.]]></category>
		<category><![CDATA[RVBD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89646</guid>
		<description><![CDATA[The first trading day of the year witnessed a positive trend in the US markets, backed by encouraging news from the global arena and positive domestic economic reports. Major indices gained during the trading day helped by an optimistic mood that prevailed among investors. The Dow Jones Industrial average (DJIA) surged 1.5% to close at 12,397.38. The Standard &#38; Poor 500 rose 1.6% to finish at 1,277.06. The Nasdaq composite index gained 1.7% to end at 2,648.72. The fear gauge CBOE volatility index closed lower at 22.98. On the New York Stock Exchange (NYSE), consolidated volumes were 3.9 billion. More than three stocks gained on the NYSE for every stock that declined. To the investor’s relief there was no discouraging news from the European front. In fact, data from Germany ]]></description>
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		</item>
		<item>
		<title>(ADP) Stock Market News for January 6, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/06/adp-stock-market-news-for-january-6-2012-market-news/89809</link>
		<comments>http://www.stockbloghub.com/2012/01/06/adp-stock-market-news-for-january-6-2012-market-news/89809#comments</comments>
		<pubDate>Fri, 06 Jan 2012 21:02:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[ADP]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Automatic Data Processing Inc]]></category>
		<category><![CDATA[BA]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Boeing Company]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[LSI]]></category>
		<category><![CDATA[LSI Corporation]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Oclaro Inc.]]></category>
		<category><![CDATA[OCLR]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[Seagate Technology]]></category>
		<category><![CDATA[STX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89809</guid>
		<description><![CDATA[A slew of better than expected economic reports helped the indices to close flat, after fresh eurozone worries weighed on the markets which opened lower. For the very first time this year, the Dow closed in the red, while the Nasdaq and the S&#38;P 500 index registered small gains to end in the green. The Dow showed its strength by recuperating its triple digit loss to close flat to negative. The Dow Jones Industrial average (DJIA) dropped 0.02% or 2.72 points to close at 12,415.70. The blue chip index’s biggest laggard was Boeing (NYSE:BA), which fell 1.1% to $73.53., while banking giant, Bank of America (NYSE:BAC) was the biggest gainer, increasing by 8.6%. The tech-laden Nasdaq Composite Index increased 21.50 points, or 0.81% to end at 2,669.86. The Standard &#38; ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Stock Market News for January 3, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/03/bac-stock-market-news-for-january-3-2012-market-news/89561</link>
		<comments>http://www.stockbloghub.com/2012/01/03/bac-stock-market-news-for-january-3-2012-market-news/89561#comments</comments>
		<pubDate>Tue, 03 Jan 2012 19:06:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[El Paso Corporation]]></category>
		<category><![CDATA[EP]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCD]]></category>
		<category><![CDATA[McDonald's Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89561</guid>
		<description><![CDATA[On the last trading day of the year, US markets witnessed low volumes and muted activity as investors seemed reluctant to make any major moves on Friday. The “Santa rally” continued into the day but barely made any impact on the market. The Dow Jones Industrial average (DJIA) lost 0.57% to close at 12,217.56. The Standard &#38; Poor 500 was down 0.4% to 1,257.60 by the end of the day. The Nasdaq composite index fell 0.33% to 2,605.15. The fear gauge CBOE volatility index closed above 23. On the New York Stock Exchange (NYSE), Amex and Nasdaq, consolidated volumes were at 4.07 billion shares compared to the daily average of 7.84 billion shares this year. For every four stocks that declined on the NYSE, three gained while on the Nasdaq ]]></description>
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