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	<title>Stock Blog Hub &#187; Citigroup Inc.</title>
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	<link>http://www.stockbloghub.com</link>
	<description>Start Your Investing Research Here!</description>
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		<title>(JPM) JPMorgan Chase &amp; Company Halts Share Buyback</title>
		<link>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720</link>
		<comments>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720#comments</comments>
		<pubDate>Tue, 22 May 2012 18:52:48 +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>
		<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=100720</guid>
		<description><![CDATA[In a surprising turn of events, JPMorgan Chase &#38; Co.’s (JPM) CEO announced the suspension of the company’s $15 billion share repurchase program. The announcement was made at the Deutsche Bank Securities Global Financial Services Investor Conference in New York on Monday. The primary reason for the halt was the fact that it does not want any glitches in the plans to meet the Basel III capital requirements. JPMorgan would re-start the program once it is able to rebuild the capital it lost as a result of the $2 billion trading loss, which it incurred in the first six weeks of the current quarter. On May 10, JPMorgan had announced that it incurred substantial losses in an index of credit default swap (a type of derivative), which was supposed to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720/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>(CHSI) SXC Health Solutions to Buy Catalyst Health</title>
		<link>http://www.stockbloghub.com/2012/04/21/chsi-sxc-health-solutions-to-buy-catalyst-health/99404</link>
		<comments>http://www.stockbloghub.com/2012/04/21/chsi-sxc-health-solutions-to-buy-catalyst-health/99404#comments</comments>
		<pubDate>Sat, 21 Apr 2012 20:20:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Catalyst Health Solutions Inc]]></category>
		<category><![CDATA[CHSI]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[CVS]]></category>
		<category><![CDATA[CVS Caremark Corporation]]></category>
		<category><![CDATA[ESRX]]></category>
		<category><![CDATA[Express Scripts Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Pacific Booker Minerals Inc.]]></category>
		<category><![CDATA[PBM]]></category>
		<category><![CDATA[SXC Health Solutions Corporation]]></category>
		<category><![CDATA[SXCI]]></category>
		<category><![CDATA[UNH]]></category>
		<category><![CDATA[Unitedhealth Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99404</guid>
		<description><![CDATA[On Wednesday, Catalyst Health Solutions Inc. (CHSI) announced that it has entered into a $4.4 billion takeover agreement with rival pharmacy benefits management (PBM) company, SXC Health Solutions Corp. (SXCI). As per the agreement, SXC Health will acquire Catalyst Health for $28 per share in cash and 0.6606 shares of SXC Health in exchange of every share of Catalyst Health. Considering the closing share price of the two companies on April 17, 2012, the agreement terms translate into a purchase price of $81.02 per share of Catalyst Health, representing a 28% premium on Catalyst’s closing price of $63.54 on April 17. Following the acquisition, the shareholders of SXC Health and Catalyst Health will own 65% and 35% of the combined company, respectively. The takeover is expected to be completed by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/21/chsi-sxc-health-solutions-to-buy-catalyst-health/99404/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>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-company-returns-to-form/98546/feed</wfw:commentRss>
		<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>(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>(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>
		</item>
		<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>
		</item>
		<item>
		<title>(C) Citigroup Analyst Lowers Shares to Underperform</title>
		<link>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107</link>
		<comments>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:04:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife 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=96107</guid>
		<description><![CDATA[We are downgrading our recommendation on Citigroup Inc. (C) to Underperform from Neutral based on its failure to pass the Federal Reserve’s most recent stress test. Investors were widely speculating about the amount of money companies like Citigroup will be allowed by the Fed to return to their shareholders this year. Notably, Citi has failed to significantly enhance shareholder value following the financial crisis and this somewhat weakened its competitive position. Besides Citi, the three other companies that have failed the stress test this time are Ally Financial Inc., MetLife Inc. (MET) and SunTrust Banks Inc. (STI). Contrary to Citigroup and the other three failed companies, the other Wall Street bigs such as JPMorgan Chase &#38; Co. (JPM), U.S. Bancorp (USB) and Wells Fargo &#38; Co. (WFC) managed to clear ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<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>(GS) Goldman Sachs Group in Trouble Again</title>
		<link>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264</link>
		<comments>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264#comments</comments>
		<pubDate>Thu, 05 Apr 2012 17:49:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></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=96264</guid>
		<description><![CDATA[According to Reuters, the federal judge in New York rescinded the bid filed by The Goldman Sachs Group Inc. (GS) regarding the dismissal of a lawsuit charged against the bank, accusing it of selling risky debts. The US District Judge, Victor Marrero, has ordered the plaintiff, Dodona I LLC, to pursue the proceedings over its claims against Goldman relating to the $2 billion offering of collateralized debt obligations (CDOs). Established in 2007, hedge fund Dodona filed a lawsuit against Goldman in the federal court in New York over Hudson Mezzanine Funding 2006-1 and 2006-2 CDOs. The securities offered to the investors, were residential mortgage-backed securities. CDOs typically repackage bonds and other assets into new securities. These are not traded on a public exchange, allowing firms like Goldman to generate fees ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(V) Visa Shuns Global Payments Incorporated for Breach of Data</title>
		<link>http://www.stockbloghub.com/2012/04/03/v-visa-shuns-global-payments-incorporated-for-breach-of-data/97496</link>
		<comments>http://www.stockbloghub.com/2012/04/03/v-visa-shuns-global-payments-incorporated-for-breach-of-data/97496#comments</comments>
		<pubDate>Tue, 03 Apr 2012 18:28:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DFS]]></category>
		<category><![CDATA[Discover Financial Services]]></category>
		<category><![CDATA[Global Payments Inc]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[GPN]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Mastercard Incorporated]]></category>
		<category><![CDATA[V]]></category>
		<category><![CDATA[Visa Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97496</guid>
		<description><![CDATA[Visa Inc. (V) has dropped Global Payments Inc. (GPN) from its list of service providers after detecting a cyber intrusion in the latter’s system that likely threatens about 1.5 million customer accounts. This was the second breach of card data by in a year. Atlanta-based Global Payments aids both Visa and MasterCard Inc. (MA) in processing credit card transactions for merchants. Card giants such as Visa, MasterCard, American Express Co. (AXP) and Discover Financial Services (DFS) seek help of over dozen such payment processors to reach out to the merchants, and hence these payment processors are liable to offer a secure customer transaction. The breach of data was initially reported by ‘krebsonsecurity.com,’ which tracks cyber crimes, on Friday and had estimated about 10 million card accounts to have been accessed ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/03/v-visa-shuns-global-payments-incorporated-for-breach-of-data/97496/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HRS) Harris Corporation Earns Yet Another Defense Deal</title>
		<link>http://www.stockbloghub.com/2012/04/02/hrs-harris-corporation-earns-yet-another-defense-deal/97309</link>
		<comments>http://www.stockbloghub.com/2012/04/02/hrs-harris-corporation-earns-yet-another-defense-deal/97309#comments</comments>
		<pubDate>Mon, 02 Apr 2012 17:35:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Communication Equipment]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[BA]]></category>
		<category><![CDATA[Boeing Company]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[GD]]></category>
		<category><![CDATA[General Dynamics Corporation]]></category>
		<category><![CDATA[Harris Corporation]]></category>
		<category><![CDATA[HRS]]></category>
		<category><![CDATA[Raytheon Company]]></category>
		<category><![CDATA[RTN]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97309</guid>
		<description><![CDATA[Communication technology company Harris Corp. (HRS) recently received a contract worth $15.2 million from the Department of Defense in Australia. Per the contract, Harris will deliver Falcon III AN/PRC-152(C) multiband multimode radios in different military vehicles. Moreover, the company will also provide training and support to the Australian military force to properly deploy as well as maintain these tactical radios in the vehicles. In the beginning of fiscal 2012, Harris received a massive deal worth $235 million from the Australian Department of Defense to upgrade the tactical radio program of their military service. Presently, Harris is expressing more interest in expanding its international presence by supplying its technology to emerging economies like Brazil, Russia, India, and China as well as Latin American, Asia-Pacific, and Africa regions. Currently, the company has ]]></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>
		</item>
		<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>
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		<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>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for March 12, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/03/13/xlf-stock-market-news-for-march-12-2012-market-news/94788</link>
		<comments>http://www.stockbloghub.com/2012/03/13/xlf-stock-market-news-for-march-12-2012-market-news/94788#comments</comments>
		<pubDate>Tue, 13 Mar 2012 18:35:54 +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[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Consumer Discret Select Sector SPDR]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LOW]]></category>
		<category><![CDATA[Lowe's Companies Inc.]]></category>
		<category><![CDATA[M]]></category>
		<category><![CDATA[Macy's Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Target Corporation]]></category>
		<category><![CDATA[TGT]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WMT]]></category>
		<category><![CDATA[XLF]]></category>
		<category><![CDATA[XLY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94788</guid>
		<description><![CDATA[Markets ended modestly higher on Friday buoyed by positive data on the jobs market. On the third anniversary of the stocks’ lowest point during the Great recession, investors drew optimism from reports of an improving economy. However, benchmarks came down from morning highs as a concerns over “credit event” in Greece somewhat weighed on sentiments. Alongside, the week saw the benchmarks’ worst fall of 2012, but that did not stop the majority of benchmarks from closing in the green. The Dow Jones Industrial Average (DJI) ended 0.1% higher at 12,922.02. The Standard &#38; Poor 500 (S&#38;P 500) moved up to 1,370.87, registering gains of 0.4%. The tech-laden Nasdaq Composite Index jumped 0.6% and finished Friday’s trading session at 2,988.34. The fear-gauge CBOE Volatility Index (VIX) lost 4.7% and settled at ]]></description>
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		<slash:comments>0</slash:comments>
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		<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>
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		<slash:comments>0</slash:comments>
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		<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>
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		<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>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(XLF) Stock Market News for February 21, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/02/22/xlf-stock-market-news-for-february-21-2012-market-news/92011</link>
		<comments>http://www.stockbloghub.com/2012/02/22/xlf-stock-market-news-for-february-21-2012-market-news/92011#comments</comments>
		<pubDate>Wed, 22 Feb 2012 18:45:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></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[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92011</guid>
		<description><![CDATA[Markets struggled for direction on Friday with few inputs from the news desk, but the prospect of a Greek deal next week enabled benchmarks to extend their gains to the highest levels this year. Cross-Atlantic developments had guided the markets on most of the days the week, while robust economic data single-handedly boosted the markets on Thursday. Thus, it was another week of strong gains for the benchmarks, and the Dow was just marginally short of the 13, 000 mark. On Friday, the Dow Jones Industrial Average (DJI) gained 0.4% to close the day at 12,949.87. The Standard &#38; Poor 500 (S&#38;P 500) edged up 0.2% to close marginally higher at 1,361.23. The tech-laden Nasdaq Composite Index was the only one to miss out; dropping 0.4% to close Friday’s trading ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Analyst Upgrades Shares to Neutral</title>
		<link>http://www.stockbloghub.com/2012/02/18/gs-goldman-sachs-analyst-upgrades-shares-to-neutral-2/91775</link>
		<comments>http://www.stockbloghub.com/2012/02/18/gs-goldman-sachs-analyst-upgrades-shares-to-neutral-2/91775#comments</comments>
		<pubDate>Sun, 19 Feb 2012 03:43:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></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=91775</guid>
		<description><![CDATA[We have upgraded our recommendation on The Goldman Sachs Group Inc. (GS) to Neutral from Underperform. The upgraded recommendation is based on the company’s recent expansions to generate revenue growth, coupled with targeted cost reduction initiatives. Goldman is on a buying spree. The company has agreed to purchase a 4.8% stake in Mongolia’s Trade and Development Bank. The terms of the deal were not disclosed. Goldman’s stake purchase in the Mongolian bank indicates its plan to gain exposure in the Mongolian economy, whose growth is stimulated by the developing resources of the country. Furthermore, the company announced its plan to purchase Vermont-based Dwight Asset Management Company. The deal, whose terms are still undisclosed, is expected to close in the second quarter of 2012. The completion of the acquisition would help ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) China Approves Citigroup&#8217;s Credit Card Business</title>
		<link>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485</link>
		<comments>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485#comments</comments>
		<pubDate>Thu, 16 Feb 2012 20:03:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></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[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91485</guid>
		<description><![CDATA[Citigroup Inc. (C) will launch its own credit card business in China. Its Chinese subsidiary Citibank (China) Co. Ltd. has received approval from the China Banking Regulatory Commission. The company will launch both retail and commercial cards before the end of this year. This marks a landmark for Citigroup &#8211; the first U.S.-based bank to introduce its own credit card in China. Prior to 2008, foreign companies were only allowed to issue credit cards in collaboration with local companies. Regulators have been slow in approving foreign companies’ direct participation in this business and currently only Hong Kong-based Bank of East Asia is permitted to issue credit cards in mainland China. Citi currently has a co-branded credit card business in China with Shanghai Pudong Development Bank. This credit card venture started ]]></description>
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		<slash:comments>0</slash:comments>
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		<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>
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		<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>
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		<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>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for February 7, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397</link>
		<comments>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397#comments</comments>
		<pubDate>Tue, 07 Feb 2012 18:39:01 +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[American Express Company]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Materials Select Sector SPDR]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[X]]></category>
		<category><![CDATA[XLB]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91397</guid>
		<description><![CDATA[After the European leaders urged Greece to adhere to new austerity measures in order to receive the next installment of its bailout package, debt woes returned to the forefront and US markets dropped a few points. Even though markets receded from t multi-year highs, benchmarks recouped most of their losses by the end of the day and settled marginally lower. The Dow Jones Industrial Average (DJI) dropped 0.1% to finish the day at 12,845.13. The Standard &#38; Poor 500 (S&#38;P 500) edged down 0.04% and signed off yesterday’s trading session virtually unchanged at 1,344.33. The tech-laden Nasdaq Compoiste Index was down to 2,901.99, shedding a mere 0.1%. The fear-gauge CBOE Volatility Index (VIX) gained 3.9% to settle at 17.76. Consolidated volumes on the New York Stock Exchange, the American Stock ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SLM) Sallie Mae Enhances Shareholder Value</title>
		<link>http://www.stockbloghub.com/2012/02/06/slm-sallie-mae-enhances-shareholder-value/90991</link>
		<comments>http://www.stockbloghub.com/2012/02/06/slm-sallie-mae-enhances-shareholder-value/90991#comments</comments>
		<pubDate>Mon, 06 Feb 2012 17:33:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Nelnet Inc.]]></category>
		<category><![CDATA[NNI]]></category>
		<category><![CDATA[SLM]]></category>
		<category><![CDATA[Slm Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90991</guid>
		<description><![CDATA[SLM Corp. (SLM), commonly known as Sallie Mae, remains committed to boosting investors’ confidence through dividend increases and share buybacks. The company announced a 25% hike in its quarterly dividend to 12.5 cents per share from 10 cents. Alongside, the company declared a $500 million share buyback program. The increased dividend will be paid on March 16, to shareholders of record as of the close of business on March 2. The share buyback program has no expiration date. Furthermore, SLM declared a 2012 second-quarter dividend on its Preferred Stock Series B of $0.5179695 per share, payable on March 15, to preferred Series B shareholders of record as of the close of business on March 5. It also scheduled its 2012 Annual Meeting of Shareholders on May 24. Last week, SLM ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/06/slm-sallie-mae-enhances-shareholder-value/90991/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase and HSBC Holdings Dragged to Court</title>
		<link>http://www.stockbloghub.com/2012/02/03/jpm-jpmorgan-chase-and-hsbc-holdings-dragged-to-court/91194</link>
		<comments>http://www.stockbloghub.com/2012/02/03/jpm-jpmorgan-chase-and-hsbc-holdings-dragged-to-court/91194#comments</comments>
		<pubDate>Fri, 03 Feb 2012 18:08:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></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>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91194</guid>
		<description><![CDATA[On Tuesday, DZ Bank AG (DZBK), Germany’s largest co-operative lender, filed a lawsuit against JPMorgan Chase &#38; Co. (JPM) and HSBC Holdings Plc (HBC) for breaching representations and warranties. The complaint lodged claims that both companies have misrepresented documents related to the sale of over $85 million and $122 million, respectively, in residential mortgage-backed securities. DZ Bank alleged that JPMorgan and HSBC issued misleading statements with omissions related to the mortgage-backed securities and has concealed risks associated with these securities. The company claims that the documents used for offering the securities contained untrue statements or omissions about how risky the investments might be. Misinterpretation of these risks provoked investments, which have virtually no value at current levels. DZ Bank has filed lawsuit in the New York State Supreme Court in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/03/jpm-jpmorgan-chase-and-hsbc-holdings-dragged-to-court/91194/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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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Earnings Season Hits Full Throttle</title>
		<link>http://www.stockbloghub.com/2012/01/18/gs-earnings-season-hits-full-throttle/90420</link>
		<comments>http://www.stockbloghub.com/2012/01/18/gs-earnings-season-hits-full-throttle/90420#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:41:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EBAY]]></category>
		<category><![CDATA[eBay Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Northern Trust Corporation]]></category>
		<category><![CDATA[NTRS]]></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[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=90420</guid>
		<description><![CDATA[Germany paid the lowest interest rate in its history in a  two-year bond auction this morning, even as the country lowered its economic growth outlook for 2012. The World Bank also came out with a lowered growth outlook for the global economy this year, but there is hardly anything newsy there as the markets have been sizing up these growth questions for awhile now. On the domestic economic front, we have the PPI and Industrial Production reports on deck, but the focus today will be on the busy earnings calendar. The most important earnings report this morning is from Goldman Sachs (GS), which came out with an earnings beat, though its revenue numbers missed expectations. Earnings estimates for the Wall Street titan had come down significantly in recent weeks to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/18/gs-earnings-season-hits-full-throttle/90420/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<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>
		</item>
		<item>
		<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>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/16/eu-stock-market-news-for-january-16-2012-market-news/90261/feed</wfw:commentRss>
		<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>
		</item>
		<item>
		<title>(JPM) JPMorgan Delivers Unlikely Friday the 13th Report</title>
		<link>http://www.stockbloghub.com/2012/01/13/jpm-jpmorgan-delivers-unlikely-friday-the-13th-report/90155</link>
		<comments>http://www.stockbloghub.com/2012/01/13/jpm-jpmorgan-delivers-unlikely-friday-the-13th-report/90155#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:08:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DAL]]></category>
		<category><![CDATA[Delta Air Lines Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LCC]]></category>
		<category><![CDATA[US Airways Group Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90155</guid>
		<description><![CDATA[Stocks will find it difficult to sustain their upward drift of recent days in the face of lackluster results from banking bellwether JP Morgan (JPM) and the absence of anything meaningful on the economic calendar. This morning’s bigger-than-expected November Trade Deficit number, though not a market-moving release, adds to the negative headlines. An outsized gain in the University of Michigan Consumer Sentiment Index, on deck for release a little later, could potentially help lift sentiment. But the overall tone of today’s trading action will likely remain subdued given investors’ evaluation of the fourth quarter reporting season in light of the JP Morgan news. The headlines from across the pond remain non-threatening for another day, though overnight deposits at the European Central Bank (ECB) have hit another new all-time high. Banks have been ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/jpm-jpmorgan-delivers-unlikely-friday-the-13th-report/90155/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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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>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/08/bac-stock-market-news-for-january-4-2012-market-news/89646/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<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>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/06/adp-stock-market-news-for-january-6-2012-market-news/89809/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(MS) Morgan Stanley to Delete Jobs in New York</title>
		<link>http://www.stockbloghub.com/2011/12/31/ms-morgan-stanley-to-delete-jobs-in-new-york/89442</link>
		<comments>http://www.stockbloghub.com/2011/12/31/ms-morgan-stanley-to-delete-jobs-in-new-york/89442#comments</comments>
		<pubDate>Sat, 31 Dec 2011 23:06:45 +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[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=89442</guid>
		<description><![CDATA[According to a state filing, Morgan Stanley (MS) intends to lay off 580 workers in New York State due to economic reasons. The company started trimming its workforce since the middle of December on a rolling basis, abide by the Worker Adjustment and Retraining Notification (WARN). The State Department of Labor made The New York State Workers Adjustment and Retraining Notification Act, also known as the WARN Act, effective on February 1, 2009. Under the provisions of the law, New York-based companies having 50 or more workers in New York State are required to give 90 days notice to the State if they are planning to reduce local workforce. Further, the law requires prior notices for plant closing, large layoff, relocation, or reduction in working hours. Morgan Stanley&#8217;s New York ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/31/ms-morgan-stanley-to-delete-jobs-in-new-york/89442/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) European Central Bank Tries Quenching Thirsty Banks</title>
		<link>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159</link>
		<comments>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159#comments</comments>
		<pubDate>Sat, 24 Dec 2011 16:27:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></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[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></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=89159</guid>
		<description><![CDATA[The European Central Bank (ECB) has been overwhelmed by the rush for cheap three-year loans. The demand for these loans has far exceeded expectations &#8212; a fact that underscores the difficult times the banking system is going through. A system whose raw material is money has been facing severe liquidity constraints in the wake of the crisis in Europe. Given the scale of the crisis and debts maturing in 2012, the system could well do with a few more liquidity shots of this nature. According to the BBC, ECB advanced around 490 billion euro as opposed to 450 billion euro it had hoped would go off the counters. In its December Bulletin, the ECB had proposed a non-standard monetary measure of extending a 36-month refinancing line to euro-area banks in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group ILFC to Raise $650 Million from Notes</title>
		<link>http://www.stockbloghub.com/2011/12/21/aig-american-international-group-ilfc-to-raise-650-million-from-notes/89021</link>
		<comments>http://www.stockbloghub.com/2011/12/21/aig-american-international-group-ilfc-to-raise-650-million-from-notes/89021#comments</comments>
		<pubDate>Wed, 21 Dec 2011 18:10:02 +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[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[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89021</guid>
		<description><![CDATA[Yesterday, American International Group Inc.’s (AIG) aircraft leasing unit – International Lease Finance Corporation (ILFC) – announced the issue of long term notes worth $650 million. Accordingly, the unsecured notes of $650 million are issued at an initial price of $100.00 and are scheduled to mature on January 15, 2022.  The non-callable notes are projected to have a coupon rate of 8.625%, while the spread stands at 681.5 basis points (bps). Besides, the settlement is scheduled to be over on December 22, 2011. Rating agencies Moody’s Investors Service of Moody’s Corp. (MCO) and Standards &#38; Poors’ (S&#38;P) have rated the notes “B1” and “BBB-”, respectively. Further, AIG’s ILFC appointedCitigroup Global Markets Inc. of Citigroup Inc. (C), Goldman Sachs Group Inc. (GS), Morgan Stanley (MS), Bank of American Merrill Lynch of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/21/aig-american-international-group-ilfc-to-raise-650-million-from-notes/89021/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(JPM) GMAC Exits Mortgage Loans</title>
		<link>http://www.stockbloghub.com/2011/12/21/jpm-gmac-exits-mortgage-loans/88078</link>
		<comments>http://www.stockbloghub.com/2011/12/21/jpm-gmac-exits-mortgage-loans/88078#comments</comments>
		<pubDate>Wed, 21 Dec 2011 17:42:27 +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=88078</guid>
		<description><![CDATA[On Friday, GMAC Mortgage, the mortgage origination and servicing operation of Ally Financial Inc., announced that it would stop purchasing mortgage loans from the third party in Massachusetts. However, the company would honor all its contractual obligations made as of December 5 as well as continue providing services to its existing customers. Additionally, GMAC will go on offering loans to homeowners through its direct lending unit in the state. GMAC stated that the sudden interruption in new mortgage purchases, originated by correspondent lenders and wholesale brokers, is a result of recent developments that made mortgage lending financially not feasible in Massachusetts. Another major reason behind this is, the lawsuit filed for alleged violation of foreclosure practices by the state attorney general (AG) Martha Coakley against the company and four other ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/21/jpm-gmac-exits-mortgage-loans/88078/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Fitch Has Eurozone Rating Misgivings</title>
		<link>http://www.stockbloghub.com/2011/12/20/mco-fitch-has-eurozone-rating-misgivings/88919</link>
		<comments>http://www.stockbloghub.com/2011/12/20/mco-fitch-has-eurozone-rating-misgivings/88919#comments</comments>
		<pubDate>Tue, 20 Dec 2011 18:13:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></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>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88919</guid>
		<description><![CDATA[Ratings agency Fitch has misgivings about Europe’s ability to tackle the sovereign debt crisis. Moody’s, a division of Moody’s Corporation (MCO) and Standard &#38; Poor’s had earlier warned about the failing economic health of the European Union (EU) worsened by the indecision of the political class to address the crisis. At the recent summit, Europe tried to send positive signals to the market and the world about its sincerity to address the issue. Strong fiscal discipline, stronger economic coordination and the 500 billion euro fund to assist countries in crisis were among the significant measures that were announced. Europe has also agreed to lend 150 billion euros to IMF to shore up its resources. But the concern remains: will all this be enough? There are differences among countries. For example; ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/20/mco-fitch-has-eurozone-rating-misgivings/88919/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XHB) Stock Market News for December 20, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/12/20/xhb-stock-market-news-for-december-20-2011-market-news/88963</link>
		<comments>http://www.stockbloghub.com/2011/12/20/xhb-stock-market-news-for-december-20-2011-market-news/88963#comments</comments>
		<pubDate>Tue, 20 Dec 2011 18:11:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></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[DHI]]></category>
		<category><![CDATA[DR Horton Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[SPDR S&P Homebuilders]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XHB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88963</guid>
		<description><![CDATA[Benchmarks moved into the red zone on Monday after European debt crisis escalated following dismal comments by European Central Bank head Mario Draghi. Adding to the gloom was a Wall Street Journal report that suggested the Federal Reserve had accepted new standards that require banking giants to hold extra capital. Banking stocks declined after the report, further dampening investor sentiment. The Dow Jones Industrial Average (DJIA) was down 0.8% to finish the day at 11,766.26. The Standard &#38; Poor 500 (S&#38;P 500) plunged 1.2% and closed the day at 1,205.35. The Nasdaq Composite Index slumped to 2,523.14, after dropping 1.3%. The fear-gauge CBOE Volatility Index rose 2.6% and settled at 24.92.  It was not a busy day on the New York Stock Exchange (NYSE) as total volume was 3.6 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/20/xhb-stock-market-news-for-december-20-2011-market-news/88963/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) Banks Face Foreclosure Charge Again</title>
		<link>http://www.stockbloghub.com/2011/12/19/jpm-banks-face-foreclosure-charge-again-2/88040</link>
		<comments>http://www.stockbloghub.com/2011/12/19/jpm-banks-face-foreclosure-charge-again-2/88040#comments</comments>
		<pubDate>Mon, 19 Dec 2011 19:51:55 +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=88040</guid>
		<description><![CDATA[In yet another major setback for the foreclosure settlement, Massachusetts Attorney General (AG) Martha Coakley filed a lawsuit against – JPMorgan Chase &#38; Co. (JPM), Bank of America Corporation (BAC), Citigroup Inc. (C), Wells Fargo &#38; Company (WFC) and Ally Financial Inc. – for alleged violation of foreclosure practices. Further, Mortgage Electronic Registration System Inc. (MERS) and its parent company have also been named as defendants. Allegations The lawsuit alleges that these five major mortgage servicers used various deceiving foreclosure practices to fast track foreclosures without properly following the rules. Some of the procedures followed by these banks included use of ‘robo-signers,’ misleading homeowners in relation to loan modification processes, utilizing flawed documents and illegally foreclosing a property. Additionally, MERS, which provides database for mortgage servicers, has been accused of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/19/jpm-banks-face-foreclosure-charge-again-2/88040/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
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