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	<title>Stock Blog Hub &#187; CS</title>
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	<link>http://www.stockbloghub.com</link>
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		<title>(BAC) Bank of America Looks to Sell Assets Again</title>
		<link>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970</link>
		<comments>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970#comments</comments>
		<pubDate>Thu, 19 Apr 2012 02:12:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Community Properties Trust]]></category>
		<category><![CDATA[APO]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98970</guid>
		<description><![CDATA[On Tuesday, Reuters reported that Bank of America Corporation (BAC) is again preparing to divest its international units in a bid to further streamline its operations and focus on its core businesses. This time, BofA intends to sell its international wealth management units in anticipation of receiving about $3 billion. The units on sale, which were mostly obtained by BofA from its Merrill Lynch acquisition in 2009, comprise nearly $90 billion worth of assets under management. However, this division of BofA has been procuring mediocre results due to inadequate business scale. The Prospective Buyers The potential bidders have been asked to present their tenders this week for the first round of bidding. However, the sale offer may not seem attractive to many buyers as the wealth management businesses normally do ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Foreign Banks Stock Update &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840</link>
		<comments>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840#comments</comments>
		<pubDate>Thu, 01 Mar 2012 05:53:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Mizuho Financial Group Inc.]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93840</guid>
		<description><![CDATA[Foreign banks have been facing difficulties non-stop since the latest financial crisis, which triggered off as a credit issue in the sub-prime enclave of the U.S. mortgage market in mid-2007, and spilled all over the globe. The latest deterrents –– nagging macroeconomic issues, the European sovereign debt crisis in particular, and regulatory pressure –– also resulted in the sector’s latest under-performance. Moreover, the upcoming quarters look even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change is yet to be felt. The sector entered 2012 with a lot less momentum than anticipated. Rising concerns related to funding and limited access to market ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Major Wall Street Banks Face New Mortgage Securities Lawsuit</title>
		<link>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524</link>
		<comments>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:22:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92524</guid>
		<description><![CDATA[According to Bloomberg, Sealink Funding Ltd., an Ireland-based investment firm, has filed a lawsuit against a number of major banks over residential mortgage-backed securities. The complaint lodged claims that these banks have misrepresented documents as the underwriters in the sale of mortgage-backed securities. The accused banks are Wall Street bigs like Bank of America Corporation (BAC), JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), The Royal Bank of Scotland Group plc (RBS), Credit Suisse Group (CS), Deutsche Bank AG (DB) and Nomura Holdings Inc. (NMR). Sealink alleged that these banks have issued misleading statements and omissions related to the mortgage-backed securities and has concealed risks associated with the securities. The company claims that the documents used in offering the securities contained untrue statements or omissions, about the actual risks involved ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/bac-major-wall-street-banks-face-new-mortgage-securities-lawsuit/92524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings to Close Japanese Retail Unit</title>
		<link>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527</link>
		<comments>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:21:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[First Niagara Financial Group Inc]]></category>
		<category><![CDATA[FNFG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92527</guid>
		<description><![CDATA[As a part of its long-term strategy to revamp its operations to stabilize capital levels and improve efficiency, HSBC Holdings Plc (HBC) has decided to close its retail banking business in Japan. Earlier in May 2011, the CEO of the company had announced plans to reduce the operating expenses by $3.5 million by the end of 2013 through restructuring and contraction of its global business. HSBC will close six retail banking branches in Japan after four years of operations. The company announced that from February 23, 2012, it would stop accepting new deposits under its HSBC Premier Service from those clients who have more than ¥10 million ($124,549) in assets. Further, HSBC will discontinue selling new investment products from March 8 as well as cease its operations in Tokyo, Osaka ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/hbc-hsbc-holdings-to-close-japanese-retail-unit/92527/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AN) Stock Market News for January 5, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/05/an-stock-market-news-for-january-5-2012-market-news/89726</link>
		<comments>http://www.stockbloghub.com/2012/01/05/an-stock-market-news-for-january-5-2012-market-news/89726#comments</comments>
		<pubDate>Thu, 05 Jan 2012 18:21:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Auto Dealerships]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[AN]]></category>
		<category><![CDATA[AutoNation Inc.]]></category>
		<category><![CDATA[BBBY]]></category>
		<category><![CDATA[Bed Bath & Beyond Inc.]]></category>
		<category><![CDATA[Chipotle Mexican Grill Inc.]]></category>
		<category><![CDATA[CMG]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[Gap Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GPS]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[NetApp Inc.]]></category>
		<category><![CDATA[Netflix Inc.]]></category>
		<category><![CDATA[NFLX]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Polo Ralph Lauren Corporation]]></category>
		<category><![CDATA[RL]]></category>
		<category><![CDATA[Ross Stores Inc.]]></category>
		<category><![CDATA[ROST]]></category>
		<category><![CDATA[Urban Outfitters Inc.]]></category>
		<category><![CDATA[URBN]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89726</guid>
		<description><![CDATA[Major indices of the American stock markets closed flat on Wednesday after experiencing a strong rally on the first trading day of the Year. Euro zone worries were not strong enough for markets to move southwards. Retail stocks surged after Christmas sales figures increased 5.3% on a year over year basis. The Dow Jones Industrial average (DJIA) gained a meager 0.17% or 21.04 points to close at 12,418.42. The tech laden Nasdaq Composite Index fell 0.01% to end the day at 2,648.36. The Standard &#38; Poor 500 moved up 0.02% or 0.24 points to finish at 1,277.30, with health care and telecom sector stocks faring the worst and consumer-discretionary items emerging as gainers. The CBOE Volatility Index, widely considered to be the fear gauge of the market, closed near 22. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/05/an-stock-market-news-for-january-5-2012-market-news/89726/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Fitch Ratings Downgrades Giant Wall Street Banks</title>
		<link>http://www.stockbloghub.com/2011/12/24/bac-fitch-ratings-downgrades-giant-wall-street-banks/88830</link>
		<comments>http://www.stockbloghub.com/2011/12/24/bac-fitch-ratings-downgrades-giant-wall-street-banks/88830#comments</comments>
		<pubDate>Sat, 24 Dec 2011 15:17:28 +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[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></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=88830</guid>
		<description><![CDATA[Adding to the ongoing economic concerns, Fitch Ratings lowered its viability ratings on eight major global banks on Thursday. Moreover, long-term issuer-default ratings were also downgraded on six major U.S. and European banks. The banks experiencing fall in their viability ratings includes Wall Street giants – Bank of America Corporation (BAC), The Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS). The ratings were lowered to “bbb+“, “a“, and “a-“ from “a-“, “a+“ and “a“, respectively, for BofA, Goldman and Morgan Stanley. Apart from these U.S. banks, the viability ratings of the five European banks, such as Barclays plc (BCS), Credit Suisse Group (CS), Deutsche Bank AG (DB), Societe Generale and BNP Paribas (BNP), were downgraded. Moreover, the ratings for Barclays, Credit Suisse and Deutsche Bank were revised to “a” ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/24/bac-fitch-ratings-downgrades-giant-wall-street-banks/88830/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PPDI) Pharmaceutical Product Development Shareholders Nod to Merger</title>
		<link>http://www.stockbloghub.com/2011/12/06/ppdi-pharmaceutical-product-development-shareholders-nod-to-merger/87968</link>
		<comments>http://www.stockbloghub.com/2011/12/06/ppdi-pharmaceutical-product-development-shareholders-nod-to-merger/87968#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:34:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Medical Laboratories & Research]]></category>
		<category><![CDATA[Charles River Laboratories International Inc]]></category>
		<category><![CDATA[Claymore-Zacks Country Rotation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CRL]]></category>
		<category><![CDATA[CRO]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Pharmaceutical Product Development Inc]]></category>
		<category><![CDATA[PPDI]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87968</guid>
		<description><![CDATA[Pharmaceutical drug research company Pharmaceutical Product Development, Inc. (PPDI) recently announced that its shareholders have approved the merger with privately held firms The Carlyle Group and Hellman &#38; Friedman. The merger was announced in October 2011. PPD shareholders have been offered a cash consideration of $33.25 per share. The total purchase consideration comes to $3.9 billion in cash. The merger is now subject to certain closing conditions and is expected to close before the end of 2011, following which PPD will become a private company and will no longer trade on NASDAQ. Four banks have committed to finance the deal. These include Credit Suisse (CS), JP Morgan (JPM), Goldman Sachs (GS) and UBS (UBS). Because of the buyout, PPD did not hold a conference call to discuss the third quarter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/06/ppdi-pharmaceutical-product-development-shareholders-nod-to-merger/87968/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Standard &amp; Poor&#8217;s Downgrades Giant Wall Street Banks</title>
		<link>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818</link>
		<comments>http://www.stockbloghub.com/2011/11/30/bac-standard-poors-downgrades-giant-wall-street-banks/87818#comments</comments>
		<pubDate>Wed, 30 Nov 2011 20:09:48 +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[Barclays plc]]></category>
		<category><![CDATA[BCS]]></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[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ING]]></category>
		<category><![CDATA[ING Groep NV]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87818</guid>
		<description><![CDATA[On Tuesday, Standard &#38; Poor&#8217;s (S&#38;P) lowered its credit ratings for many U.S. and European banks. Out of 37 banks reviewed by S&#38;P, ratings for 15 were downgraded, ratings remained unchanged for 20 and the remaining 2 were awarded upgraded ratings. The banks whose ratings fell, included Wall Street giants – Bank of America Corporation (BAC), JPMorgan Chase &#38; Co. (JPM), Citigroup Inc. (C), Wells Fargo &#38; Company (WFC), The Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS). Apart from these U.S. banks, the credit ratings of few European banks, such as Barclays Plc (BCS), Lloyds Banking Group Plc (LYG), HSBC Holdings Plc (HBC) and The Royal Bank of Scotland Group Plc (RBS) also downgraded. Ratings for these 15 banks were downgraded by one notch. However, S&#38;P did not ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup Plans Layoff to Cut Costs</title>
		<link>http://www.stockbloghub.com/2011/11/22/c-citigroup-plans-layoff-to-cut-costs/87130</link>
		<comments>http://www.stockbloghub.com/2011/11/22/c-citigroup-plans-layoff-to-cut-costs/87130#comments</comments>
		<pubDate>Tue, 22 Nov 2011 17:41:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87130</guid>
		<description><![CDATA[Citigroup Inc. (C) is mulling over retrenching 3,000 workers as part of its cost containment measures, the Wall Street Journal reported following communication with people familiar with the plans. Among total layoffs, Citi plans to slash 900 jobs from its securities and banking division. The move came on the back of turmoil in equity and debt markets. The ongoing economic and market instability has compounded the quandary. Moreover, other cost curtailment measures include shedding of assets at Citi Holdings. In the third quarter of 2011, Citi Holdings revenues decreased 27.0% from the prior-year quarter to $2.8 billion. However, Citi has been relentlessly trying to realign its balance sheet in accordance with the regulatory changes post meltdown to remain afloat. After a careful review of the business, which took into account ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/22/c-citigroup-plans-layoff-to-cut-costs/87130/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280</link>
		<comments>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280#comments</comments>
		<pubDate>Tue, 01 Nov 2011 18:08:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Mizuho Financial Group Inc.]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[Sauer-Danfoss Inc]]></category>
		<category><![CDATA[SHS]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86280</guid>
		<description><![CDATA[The global banking industry is still a sorry sight, and its near term looks even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change has yet to be felt. Potential threats from a deeper European debt crisis and the uncertain outlook for the U.S. economy following the rating downgrades by Standard &#38; Poor’s (S&#38;P) were quite obvious and the sector entered the second half of 2011 with a lot less momentum than was anticipated. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group to Reduce Cost by Layoffs</title>
		<link>http://www.stockbloghub.com/2011/10/03/gs-the-goldman-sachs-group-to-reduce-cost-by-layoffs/84258</link>
		<comments>http://www.stockbloghub.com/2011/10/03/gs-the-goldman-sachs-group-to-reduce-cost-by-layoffs/84258#comments</comments>
		<pubDate>Mon, 03 Oct 2011 19:20:26 +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[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></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=84258</guid>
		<description><![CDATA[According to The New York Times,The Goldman Sachs Group Inc. (GS) is moving ahead with its cost cutting plan. The bank is expected to cut its expenses by $1.45 billion by the end of 2011. The cost containment measures would include significant layoffs and the amount expected exceeds $1.2 billion of costs cutting announced by the company in July. Since June, Goldman has started cost containment measures through layoffs. During the same period, Goldman announced to lay off 230 workers in New York State due to economic reasons. The layoffs will be executed during the fourth quarter of 2011 and the first quarter of 2012. Goldman&#8217;s New York layoffs represent less than 1% of its 35,400 employees as of March 2011. The layoffs would be in addition to the company&#8217;s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/03/gs-the-goldman-sachs-group-to-reduce-cost-by-layoffs/84258/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BK) The Bank of New York Mellon Corporation Calls Off Alcentra Sale</title>
		<link>http://www.stockbloghub.com/2011/09/20/bk-the-bank-of-new-york-mellon-corporation-calls-off-alcentra-sale/83303</link>
		<comments>http://www.stockbloghub.com/2011/09/20/bk-the-bank-of-new-york-mellon-corporation-calls-off-alcentra-sale/83303#comments</comments>
		<pubDate>Tue, 20 Sep 2011 20:16:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></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=83303</guid>
		<description><![CDATA[On Monday, Bloomberg, quoting reliable sources, reported that The Bank of New York Mellon Corporation (BK) has called-off the proposed divestiture of its Alcentra unit, which manages nearly $17 billion worth of assets including loans and high-yield bonds. Alcentra has been a subsidiary of BNY Mellon since January 2006. Earlier in August, Bloomberg had reported that BNY Mellon was planning to sell-off its Alcentra unit. The company had hired Credit Suisse Group (CS) to manage the sale of the majority of Alcentra assets in collateralized loan obligations (CLOs) in the U.S. and Europe. Over the last 10 years, CLOs have been a key source of funding for European loans, with majority of them reaching the end of their reinvestment period by next three years. So, when CLO creation would slow down ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/20/bk-the-bank-of-new-york-mellon-corporation-calls-off-alcentra-sale/83303/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Volcker Rule Extension Risks Jobs?</title>
		<link>http://www.stockbloghub.com/2011/09/20/gs-volcker-rule-extension-risks-jobs/83553</link>
		<comments>http://www.stockbloghub.com/2011/09/20/gs-volcker-rule-extension-risks-jobs/83553#comments</comments>
		<pubDate>Tue, 20 Sep 2011 19:52:28 +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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Employment]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83553</guid>
		<description><![CDATA[The controversial Volcker Rule that restricts proprietary trading of U.S. banks may also be enforced on foreign banks with operations in the country, Bloomberg reported on Friday, following communication with four people familiar with the matter. The legislation is part of the Dodd-Frank Act, which significantly overhauled the U.S. financial system after the near collapse of Wall Street during the 2007–2010 recession. While the proposed rule is still pending its final draft with an October 18 deadline, the plan to stretch it to overseas banks may cause further delay as federal regulators will have to reach a consensus on the impending law. Meanwhile, questions arise on whether this extension will aid economic recovery or a pose threats to the already-feeble job market? The possibilities of both the results made it ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/20/gs-volcker-rule-extension-risks-jobs/83553/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Offers Notes Worth $2 Billion</title>
		<link>http://www.stockbloghub.com/2011/09/11/aig-american-international-group-offers-notes-worth-2-billion/82933</link>
		<comments>http://www.stockbloghub.com/2011/09/11/aig-american-international-group-offers-notes-worth-2-billion/82933#comments</comments>
		<pubDate>Sun, 11 Sep 2011 16:43:58 +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[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82933</guid>
		<description><![CDATA[Yesterday, American International Group Inc. (AIG) vended off senior unsecured floating-rate notes worth $2.0 billion in a two-part offering. Accordingly, one part of senior unsecured notes is valued at $1.2 billion. These notes were issued at a price of $99.448 and dated to mature on September 15, 2014. These callable three-year fixed rate notes are projected to have a spread of 412.5 basis points (bps) over the US Treasuries, bearing a coupon rate of 4.25% and yield rate of 4.448%. Interest on the notes will be payable semi-annually, in equal instalments, commencing on March 15, 2012. Besides, the second tranche of senior unsecured notes is worth $800 million. These notes were issued at a price of $98.943 and dated to mature on September 15, 2016. These callable five-year fixed rate ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/11/aig-american-international-group-offers-notes-worth-2-billion/82933/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Company News for September 7, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/09/07/bac-company-news-for-september-7-2011-corporate-summary/82710</link>
		<comments>http://www.stockbloghub.com/2011/09/07/bac-company-news-for-september-7-2011-corporate-summary/82710#comments</comments>
		<pubDate>Wed, 07 Sep 2011 20:44:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[International Paper Company]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[LUFK]]></category>
		<category><![CDATA[Lufkin Industries Inc.]]></category>
		<category><![CDATA[Manitowoc Company Inc]]></category>
		<category><![CDATA[MTW]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[S]]></category>
		<category><![CDATA[Sprint Nextel Corporation]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Temple-Inland Inc.]]></category>
		<category><![CDATA[TIN]]></category>
		<category><![CDATA[Whirlpool Corporation]]></category>
		<category><![CDATA[WHR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82710</guid>
		<description><![CDATA[•    Lufkin Industries (NASDAQ:LUFK) said it had concluded an Asset Purchase Agreement to purchase virtually all the assets of Quinn&#8217;s Oilfield Supply Ltd for around $303 million •    Shares of exploration company Sunoco Inc. (NYSE:SUN) gained 5.32% after the company announced its decision to sell off its refinery businesses and concentrate on the gasoline retail segment •    Shipping box maker Temple Inland, Inc.’s (NYSE:TIN) share prices advanced 25.25% to close at $30.85 a share after International Paper Co. (NYSE:IP) increased its offer price for the company •    Shares of the banking sector declined and closed in the red after the cost of insuring bank debt rose substantially. Following this development, share prices of Credit Suisse (NYSE:CS), Royal Bank of Scotland (NYSE:RBS) and Bank of America (NYSE:BAC) fell 12.93%, 12.74% and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/07/bac-company-news-for-september-7-2011-corporate-summary/82710/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Stock Market News for September 7, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708</link>
		<comments>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708#comments</comments>
		<pubDate>Wed, 07 Sep 2011 20:43:35 +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[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></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[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82708</guid>
		<description><![CDATA[European debt concerns sent stocks down for the third-straight day after investors returned from a long weekend. The benchmarks suffered their worst three-day start this month since October 2008. This was also the S&#38;P 500’s worst start in September in five decades. However, an encouraging report on the services sector soothed nerves somewhat and partially eroded the losses. As markets extended last week’s losses on Tuesday, the Dow Jones Industrial Average (DJIA) dropped 0.9% to settle at 11,139.30. The Standard &#38; Poor 500 looks to be on course for its worst quarterly loss since the last quarter of 2008, and it shed 0.7% to close at 1,165.24 yesterday. The Nasdaq Composite Index logged a 0.3% loss to finish the day at 2,473.83. The fear-gauge CBOE Volatility Index (VIX) had its ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/07/bac-stock-market-news-for-september-7-2011-market-news/82708/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BK) Bank of New York Mellon to Divest Alcentra Unit</title>
		<link>http://www.stockbloghub.com/2011/09/01/bk-bank-of-new-york-mellon-to-divest-alcentra-unit/82227</link>
		<comments>http://www.stockbloghub.com/2011/09/01/bk-bank-of-new-york-mellon-to-divest-alcentra-unit/82227#comments</comments>
		<pubDate>Thu, 01 Sep 2011 17:28:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></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=82227</guid>
		<description><![CDATA[On Friday, Bloomberg reported that The Bank of New York Mellon Corporation (BK) is planning to sell-off its Alcentra unit, which manages $17 billion worth of assets including loans and high-yield bonds. Alcentra has been a subsidiary of BNY Mellon since January 2006. BNY Mellon has hired Credit Suisse Group (CS) to manage the sale of the majority of Alcentra assets in collateralized loan obligations (CLOs) in the U.S. and Europe. CLOs are a category of collateralized debt obligation that put together high-yield, high-risk loans and slice them into securities of varying risks and returns. Bloomberg also stated that David Forbes-Nixon (Alcentra chairman), Kevin Heine (BNY Mellon spokesperson) and Jack Grone (Credit Suisse spokesperson) refused to comment on the issue. The new regulatory rules proposed in the Dodd- Frank Act ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/01/bk-bank-of-new-york-mellon-to-divest-alcentra-unit/82227/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group Again Entangled in Lawsuit</title>
		<link>http://www.stockbloghub.com/2011/08/22/gs-goldman-sachs-group-again-entangled-in-lawsuit/81460</link>
		<comments>http://www.stockbloghub.com/2011/08/22/gs-goldman-sachs-group-again-entangled-in-lawsuit/81460#comments</comments>
		<pubDate>Mon, 22 Aug 2011 17:06:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[ALL]]></category>
		<category><![CDATA[Allstate Corporation]]></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[FMCC]]></category>
		<category><![CDATA[Freddie Mac]]></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=81460</guid>
		<description><![CDATA[Yesterday, The Goldman Sachs Group Inc. (GS) was sued by The Allstate Corporation (ALL), the largest publicly traded U.S. home and auto insurer. The complaint lodged claims that Goldman misrepresented documents as an underwriter in the sale of over $123 million in mortgage-backed securities from April 2006 to March 2007. Allstate alleged that Goldman issued misleading statements and omissions related to the mortgage-backed securities and has concealed risks associated with the securities. The company claims the documents used in offering the securities contained untrue statements or omissions, as to how risky the investments to be. These misrepresentations of the risks provoked investments, which have virtually no value at current levels. Allstate has filed lawsuit in the New York State Supreme Court in Manhattan. The company demands for damages, which includes ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup Hires in Asia Division</title>
		<link>http://www.stockbloghub.com/2011/08/15/c-citigroup-hires-in-asia-division/81262</link>
		<comments>http://www.stockbloghub.com/2011/08/15/c-citigroup-hires-in-asia-division/81262#comments</comments>
		<pubDate>Mon, 15 Aug 2011 14:00:30 +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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></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=81262</guid>
		<description><![CDATA[Citigroup Inc. (C) is boosting its Asian Prime Finance division by increasing the headcount 20% to 80, according to a Reuters report. The hiring comes as part of the company’s effort to take advantage of the boom in the hedge fund industry in the region. Citi is expanding its capital introduction, OTC, client service as well as futures squads as part of this effort. Citi’s Prime Finance is a comprehensive, integrated business unit comprising prime brokerage, financing solutions and capital introductions, supported by cutting edge technology and advanced reporting. Not only is Citi getting many new sole mandates, it is also witnessing second and third mandates arriving from existing managers in Asia, according to the report. A number of important positions have already been filled up. Citi’s business in the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/15/c-citigroup-hires-in-asia-division/81262/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BK) Bank of New York Mellon Plans 3% Layoff</title>
		<link>http://www.stockbloghub.com/2011/08/14/bk-bank-of-new-york-mellon-plans-3-layoff/81199</link>
		<comments>http://www.stockbloghub.com/2011/08/14/bk-bank-of-new-york-mellon-plans-3-layoff/81199#comments</comments>
		<pubDate>Sun, 14 Aug 2011 17:39:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81199</guid>
		<description><![CDATA[In order to improve profitability amid revenue headwinds due to a weak economy and stricter capital requirements by regulators, Bank of New York Mellon Corp (BK) announced a job cut plan on Wednesday. BNY Mellon is not the first to announce this measure; it has followed in the footsteps of many other large global banks. BNY Mellon said that it will cut about 1,500 jobs, which represents about 3% of its total workforce. The primary intention is to reduce expenses, which have been growing significantly. Though the company is also experiencing revenue growth, the rate of expense growth is higher. The bank has not yet finalized the categories of employees to be retrenched or the areas, but said that it would try to freeze hiring first to minimize job cuts. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/14/bk-bank-of-new-york-mellon-plans-3-layoff/81199/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CMCSA) Company News for August 4, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/08/04/cmcsa-company-news-for-august-4-2011-corporate-summary/80625</link>
		<comments>http://www.stockbloghub.com/2011/08/04/cmcsa-company-news-for-august-4-2011-corporate-summary/80625#comments</comments>
		<pubDate>Thu, 04 Aug 2011 15:42:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[CATV Systems]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[CMCSA]]></category>
		<category><![CDATA[Comcast Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Global Traffic Network Inc]]></category>
		<category><![CDATA[GNET]]></category>
		<category><![CDATA[LEAP]]></category>
		<category><![CDATA[Leap Wireless International Inc]]></category>
		<category><![CDATA[MA]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[Marsh & McLennan Companies Inc]]></category>
		<category><![CDATA[Mastercard Incorporated]]></category>
		<category><![CDATA[MetroPCS Communications Inc.]]></category>
		<category><![CDATA[MMC]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[PCS]]></category>
		<category><![CDATA[PWR]]></category>
		<category><![CDATA[Quanta Services Inc.]]></category>
		<category><![CDATA[SE]]></category>
		<category><![CDATA[Spectra Energy Corporation]]></category>
		<category><![CDATA[Time Warner Inc.]]></category>
		<category><![CDATA[TWX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80625</guid>
		<description><![CDATA[•    Spectra Energy (NYSE:SE) posted Q2 EPS of $0.42, above the Zacks Consensus Estimate of $0.40 per share. Revenues for the quarter rose 11.8% year-over-year to $1.19 billion, lower than the Zacks Consensus Estimate of $1.204 billion •    Comcast (NASDAQ:CMCSA) reported Q2 EPS of $0.42, ex-items, marginally higher than the Zacks Consensus Estimate of $0.41 per share. Revenues for the quarter rose 51% year-over-year to $14.3 billion, beating consensus estimates of $13.773 billion •    Time Warner (NYSE:TWX) posted adjusted Q2 EPS of $0.60, exceeding the Zacks Consensus Estimate of $0.56 per share. Revenues for the quarter rose 10.2% year-over-year to $7.03 billion, ahead of the Zacks Consensus Estimate of $6.788 billion •    Marsh &#38; McLennan Cos. (NYSE:MMC) reported Q2 EPS of $0.50, surpassing the Zacks Consensus Estimate of $0.48 per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/04/cmcsa-company-news-for-august-4-2011-corporate-summary/80625/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) New York Federal Reserve Reports Earnings of $4.68 Billion from AIG Investment Portfolio</title>
		<link>http://www.stockbloghub.com/2011/07/31/aig-new-york-federal-reserve-reports-earnings-of-4-68-billion-from-aig-investment-portfolio/79312</link>
		<comments>http://www.stockbloghub.com/2011/07/31/aig-new-york-federal-reserve-reports-earnings-of-4-68-billion-from-aig-investment-portfolio/79312#comments</comments>
		<pubDate>Mon, 01 Aug 2011 04:06:17 +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[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Fifth Street Finance Corporation]]></category>
		<category><![CDATA[FSC]]></category>
		<category><![CDATA[Rambus Inc.]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[RMBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79312</guid>
		<description><![CDATA[The New York Federal Reserve (Fed) has reported that it earned about $4.68 billion from American International Group Inc.’s (]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/31/aig-new-york-federal-reserve-reports-earnings-of-4-68-billion-from-aig-investment-portfolio/79312/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BSX) Company News for July 29, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/07/29/bsx-company-news-for-july-29-2011-corporate-summary/80201</link>
		<comments>http://www.stockbloghub.com/2011/07/29/bsx-company-news-for-july-29-2011-corporate-summary/80201#comments</comments>
		<pubDate>Fri, 29 Jul 2011 19:36:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Boston Scientific Corporation]]></category>
		<category><![CDATA[BSX]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[DD]]></category>
		<category><![CDATA[EI DuPont de Nemours & Company]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HOT]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[ITC]]></category>
		<category><![CDATA[ITC Holdings Corporation]]></category>
		<category><![CDATA[LOGI]]></category>
		<category><![CDATA[Logitech International SA]]></category>
		<category><![CDATA[Starwood Hotels & Resorts Worldwide Inc]]></category>
		<category><![CDATA[TYC]]></category>
		<category><![CDATA[Tyco International Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80201</guid>
		<description><![CDATA[•    Credit Suisse (NYSE:CS) announced that it will cut 2,000 jobs worldwide after the banking giant was hit by a decline in second quarter profits and an appreciating Swiss franc •    A report from Sky News said that banking major HSBC (NYSE:HBC) may soon axe 10,000 of its employees as part of a cost reduction exercise •    Tyco International (NYSE:TYC) posted Q3 EPS of $0.85, surpassing the Zacks Consensus Estimate of $0.72 per share. Revenue for the quarter rose 0.4% year-over-year to $4.29 billion, beating the Zacks Consensus Estimate of $4.222 billion •    Starwood Hotels (NYSE:HOT) posted Q2 EPS of $0.50, ex-items, exceeding the Zacks Consensus Estimate of $0.46 per share. Revenues for the quarter rose 10.6% year-over-year to $1.43 billion, higher than the Zacks Consensus Estimate of $1.406 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/29/bsx-company-news-for-july-29-2011-corporate-summary/80201/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for July 19, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/07/19/xlf-stock-market-news-for-july-19-2011-market-news/79349</link>
		<comments>http://www.stockbloghub.com/2011/07/19/xlf-stock-market-news-for-july-19-2011-market-news/79349#comments</comments>
		<pubDate>Tue, 19 Jul 2011 18:41:43 +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[BA]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[Boeing Company]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></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[International Business Machines]]></category>
		<category><![CDATA[JEF]]></category>
		<category><![CDATA[Jefferies Group Inc.]]></category>
		<category><![CDATA[Merck & Company Inc]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MRK]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79349</guid>
		<description><![CDATA[Lingering euro-zone debt worries and the impasse over debt-ceiling negotiations weighed down investor sentiment on Monday, while bank shares felt the burn of the markets’ downtrend. The Dow Jones Industrial Average (DJIA) shed 0.8% to close at 12,385.16. The Standard &#38; Poor 500 (S&#38;P 500) slipped to 1,305.44, after dropping 0.8%. The Nasdaq Composite Index dropped 0.9% to settle at 2,765.11. The fear-gauge CBOE Volatility Index (VIX) recorded a surge of over 10% to trade slightly lower than 21. On the New York Stock Exchange, NYSE Amex and Nasdaq, consolidated volumes were 6.89 billion shares compared with the daily average of 7.49 billion. On the NYSE, for every five stocks that declined, only one stock moved up. Among the 30 Dow components, only Chevron Corp. (NYSE:CVX) managed to finish in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AHT) Ashford Hospitality Trust Prices Share Offering</title>
		<link>http://www.stockbloghub.com/2011/07/11/aht-ashford-hospitality-trust-prices-share-offering/78597</link>
		<comments>http://www.stockbloghub.com/2011/07/11/aht-ashford-hospitality-trust-prices-share-offering/78597#comments</comments>
		<pubDate>Mon, 11 Jul 2011 15:58:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Hotel-Motel]]></category>
		<category><![CDATA[AHT]]></category>
		<category><![CDATA[Ashford Hospitality Trust Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78597</guid>
		<description><![CDATA[Ashford Hospitality Trust Inc. (AHT), the second largest lodging real estate investment trust (REIT) in the U.S., has recently priced its public offering of 7.0 million common shares at $12.50 each. The equity offer is part of the corporate strategy of the company to raise capital to repay debt. The company will also grant the underwriters an option to purchase an additional 1.05 million shares to cover any over-allotments. Morgan Stanley (MS) – a global financial services firm; KeyBanc Capital Markets – the investment banking division of KeyCorp (KEY); UBS Securities LLC, a subsidiary of UBS AG (UBS); and Credit Suisse Securities (USA) LLC – the investment banking division of Credit Suisse Group (CS) are acting as joint book-running managers for the secondary offering. Ashford intends to utilize the proceeds ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Non-U.S. Banks Stock Update &#8211; July 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469</link>
		<comments>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469#comments</comments>
		<pubDate>Wed, 06 Jul 2011 19:32:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78469</guid>
		<description><![CDATA[Backed by worldwide regulatory reform, the global banking industry is currently going through a transformation phase. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory overhaul, greater transparency in regulation could strengthen the fundamentals of many banks. Moreover, it is expected to create a less risky lane for the overall industry. Since 2010, the banking sector has been recovering at a moderate pace from the latest financial crisis that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled all over the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressure as they ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Wells Fargo and Bank of America Eliminate 60 Workers</title>
		<link>http://www.stockbloghub.com/2011/07/01/bac-wells-fargo-and-bank-of-america-eliminate-60-workers/78205</link>
		<comments>http://www.stockbloghub.com/2011/07/01/bac-wells-fargo-and-bank-of-america-eliminate-60-workers/78205#comments</comments>
		<pubDate>Fri, 01 Jul 2011 20:41:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></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=78205</guid>
		<description><![CDATA[According to Bloomberg, Bank of America Corp. (BAC) will retrench 60 employees in its equity sales and trading unit. The decision was taken to boost revenue in the unit by lowering expenses. The division, comprising approximately 2,500 people, plans to fire least-productive employees globally. BofA also announced jobs cut of approximately 100 employees in its consumer and small business banking unit as of March 2011. The layoffs are part of BofA&#8217;s ongoing efforts to overhaul its consumer banking unit. Further, another mega bank, Wells Fargo &#38; Company (WFC) has cut 49 jobs in its financial card collections department in Sioux Falls. In January 2011, Wells Fargo also announced to reduce 120 workers in its student loan operations, including many in Sioux Falls, though the company planned to transfer most of ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group to Lay Off 230 Workers</title>
		<link>http://www.stockbloghub.com/2011/07/01/gs-the-goldman-sachs-group-to-lay-off-230-workers/78132</link>
		<comments>http://www.stockbloghub.com/2011/07/01/gs-the-goldman-sachs-group-to-lay-off-230-workers/78132#comments</comments>
		<pubDate>Fri, 01 Jul 2011 17:00:27 +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[BK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></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=78132</guid>
		<description><![CDATA[According to a state filing on Wednesday, The Goldman Sachs Group Inc. (GS) intends to lay off 230 workers in New York State due to economic reasons. The layoffs will be executed during the fourth quarter of 2011 and the first quarter of 2012. The State Department of Labor made The New York State Workers Adjustment and Retraining Notification Act, 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 the local workforce. Further, the law requires prior notices for plant closing, large layoff, relocation, or reduction in working hours. The law was enacted with the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/01/gs-the-goldman-sachs-group-to-lay-off-230-workers/78132/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ACI) Company News for June 30, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/30/aci-company-news-for-june-30-2011-corporate-summary/78016</link>
		<comments>http://www.stockbloghub.com/2011/06/30/aci-company-news-for-june-30-2011-corporate-summary/78016#comments</comments>
		<pubDate>Thu, 30 Jun 2011 20:39:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Industrial Metals & Minerals]]></category>
		<category><![CDATA[ACI]]></category>
		<category><![CDATA[ANN]]></category>
		<category><![CDATA[AnnTaylor Stores Corporation]]></category>
		<category><![CDATA[Arch Coal Inc]]></category>
		<category><![CDATA[Campbell Soup Company]]></category>
		<category><![CDATA[CPB]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DX]]></category>
		<category><![CDATA[Dynex Capital Inc]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[KB Home]]></category>
		<category><![CDATA[KBH]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[VeriSign Inc.]]></category>
		<category><![CDATA[VRSN]]></category>
		<category><![CDATA[WAL]]></category>
		<category><![CDATA[Western Alliance Bancorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78016</guid>
		<description><![CDATA[•    Share prices of Campbell Soup Co. (NYSE:CPB) gained 2.79% after the company’s decision to axe 770 employees of the company globally was given the green signal by its investors. Campbell Soup also announced it was shutting down a plant in Russia •    VeriSign, Inc&#8217;s (NASDAQ:VRSN) share prices climbed 2.52% to $33.57 after the company extended its agreement to continue to operate the .NET application for another six years •    Share prices of software giant Microsoft (NASDAQ:MSFT) fell marginally, by 0.70% to close at $25.62, a day after the company announced plans to launch an online version of its office program •    Share prices of homebuilder KB Home (NYSE:KBH) slid 15.44% after the company posted a wider-than-expected quarterly loss •    Hewlett-Packard (NYSE:HPQ) said it plans to increase its presence in ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AHT) Ashford Hospitality Trust Mulls Secondary Offering</title>
		<link>http://www.stockbloghub.com/2011/06/29/aht-ashford-hospitality-trust-mulls-secondary-offering/77926</link>
		<comments>http://www.stockbloghub.com/2011/06/29/aht-ashford-hospitality-trust-mulls-secondary-offering/77926#comments</comments>
		<pubDate>Wed, 29 Jun 2011 20:39:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Hotel-Motel]]></category>
		<category><![CDATA[AHT]]></category>
		<category><![CDATA[Ashford Hospitality Trust Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77926</guid>
		<description><![CDATA[Ashford Hospitality Trust Inc. (AHT), the second largest lodging real estate investment trust (REIT) in the U.S., has recently announced its decision to issue 6.0 million common shares to raise cash and repay its debt. The company will also grant the underwriters an option to purchase an additional 0.9 million shares to cover any over-allotments. Morgan Stanley (MS) – a global financial services firm; KeyBanc Capital Markets – the investment banking division of KeyCorp (KEY); UBS Securities LLC, a subsidiary of UBS AG (UBS); and Credit Suisse Securities (USA) LLC – the investment banking division of Credit Suisse Group (CS) are acting as joint book-running managers for the public offering. Ashford intends to utilize the proceeds from the secondary offering to repay debt under its senior credit facility and for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/aht-ashford-hospitality-trust-mulls-secondary-offering/77926/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group Increases Brazil Workforce</title>
		<link>http://www.stockbloghub.com/2011/06/29/gs-goldman-sachs-group-increases-brazil-workforce/77770</link>
		<comments>http://www.stockbloghub.com/2011/06/29/gs-goldman-sachs-group-increases-brazil-workforce/77770#comments</comments>
		<pubDate>Wed, 29 Jun 2011 16:44:17 +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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></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=77770</guid>
		<description><![CDATA[Goldman Sachs Group Inc. (GS) plans to augment its workforce in Brazil by approximately 20% in 2011. The company aims to increase its hiring following growth in the Brazilian economy compared to its home market. Goldman’s Brazilian unit has headcount of about 300 so far this year compared to 200 in 2010. Further, the unit intends to invest in asset management, research, private banking, sales, investment banking and trading. Goldman has experienced a considerable amount of growth in Brazil over the past couple of years, and targets to explore more significant opportunities. The company is working hard to implement strong growth plans for its each product and division in the coming months. However, Goldman did not disclose Brazil’s revenue and profits separately, but focused on strategizing on more multifarious products ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/gs-goldman-sachs-group-increases-brazil-workforce/77770/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Basel Wants Big Banks to Store More</title>
		<link>http://www.stockbloghub.com/2011/06/27/ubs-basel-wants-big-banks-to-store-more/77594</link>
		<comments>http://www.stockbloghub.com/2011/06/27/ubs-basel-wants-big-banks-to-store-more/77594#comments</comments>
		<pubDate>Mon, 27 Jun 2011 18:53:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77594</guid>
		<description><![CDATA[On Saturday, the oversight body of the Basel Committee on Banking Supervision proposed new rules that would force the world&#8217;s biggest banks to hold extra capital on their balance sheets as protection and prevention against global financial crisis, the Associated Press reported. The targeted banks are those that could threaten global economy if they collapse. This extra capital requirement is an addition to the set of minimum capital standards, known as Basel III, proposed by the regulatory officials of more than two dozen countries in 2010. As most of the major large-cap banks seem to comfortably maintain the minimum capital norms mandated by the Basel Committee, they might not hesitate to take more extravagant risks in their efforts to grow further. As a result, it was required to force these ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/27/ubs-basel-wants-big-banks-to-store-more/77594/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Company Starts Brokerage Business in Europe</title>
		<link>http://www.stockbloghub.com/2011/06/23/jpm-jpmorgan-chase-company-starts-brokerage-business-in-europe/77273</link>
		<comments>http://www.stockbloghub.com/2011/06/23/jpm-jpmorgan-chase-company-starts-brokerage-business-in-europe/77273#comments</comments>
		<pubDate>Thu, 23 Jun 2011 20:09:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77273</guid>
		<description><![CDATA[JPMorgan Chase &#38; Co.(JPM) announced the launch of its prime brokerage service in Europe that will cater to the needs of various hedge funds based in Europe, Africa and the Middle East. The launch of the brokerage platform reflects the company’s strategy to provide a wide range of products and services to hedge funds worldwide. JPM now has a complete set of local infrastructure in place to offer a full suite of products to both the international and regional customers. With the launch of this service, the international clients will be able to utilize JPM’s broad range of services including securities lending, equity financing, settlement and clearing. One of the priorities of JPM is to develop and expand its business of clearing trades and lending money to big hedge funds. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/jpm-jpmorgan-chase-company-starts-brokerage-business-in-europe/77273/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(APOG) Company News for June 23, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/23/apog-company-news-for-june-23-2011-corporate-summary/77238</link>
		<comments>http://www.stockbloghub.com/2011/06/23/apog-company-news-for-june-23-2011-corporate-summary/77238#comments</comments>
		<pubDate>Thu, 23 Jun 2011 16:06:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[General Building Materials]]></category>
		<category><![CDATA[Industrial Goods]]></category>
		<category><![CDATA[APOG]]></category>
		<category><![CDATA[Apogee Enterprises Inc.]]></category>
		<category><![CDATA[AstraZeneca plc]]></category>
		<category><![CDATA[AZN]]></category>
		<category><![CDATA[BIIB]]></category>
		<category><![CDATA[Biogen Idec Inc]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[DENTSPLY International Inc]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[F5 Networks Inc.]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[FFIV]]></category>
		<category><![CDATA[Jabil Circuit Inc.]]></category>
		<category><![CDATA[JBL]]></category>
		<category><![CDATA[RBN]]></category>
		<category><![CDATA[Robbins & Myers Inc]]></category>
		<category><![CDATA[SCBT]]></category>
		<category><![CDATA[SCBT Financial Corporation]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>
		<category><![CDATA[XRAY]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
		<category><![CDATA[YHOO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77238</guid>
		<description><![CDATA[•    Shares of Robbins &#38; Myers, Inc. (NYSE:RBN) jumped 8.77% on strong fiscal third-quarter profits. The energy equipment supplier said strong customer demand and the recent acquisition of oilfield services has helped the company&#8217;s increase its profits •    Shares of Jabil Circuit (NYSE:JBL) gained 3.18% to close at $19.45 after the company posted earnings that doubled from the previous year. The company also initiated buyback of $200 million of stock •    Apogee Enterprises (NASDAQ:APOG) reported a Q1 loss of $0.08 per share. Revenues increased 7.2% year-over-year to $153.3 million, surpassing the Zacks Consensus Estimate of $147.0 million •    Share prices of shipping service giant FedEx (NYSE:FDX) rose 2.59% after the company posted earnings that came in above analysts’ expectations. The company also projected robust earnings growth for 2012 •    DENTSPLY ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IVR) Invesco Mortgage Capital Announced Stock Offering</title>
		<link>http://www.stockbloghub.com/2011/06/22/ivr-invesco-mortgage-capital-announced-stock-offering/76963</link>
		<comments>http://www.stockbloghub.com/2011/06/22/ivr-invesco-mortgage-capital-announced-stock-offering/76963#comments</comments>
		<pubDate>Wed, 22 Jun 2011 15:00:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Mortgage Investment]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Invesco Limited]]></category>
		<category><![CDATA[Invesco Mortgage Capital]]></category>
		<category><![CDATA[IVR]]></category>
		<category><![CDATA[IVZ]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76963</guid>
		<description><![CDATA[Yesterday, Invesco Mortgage Capital Inc. (IVR) announced its plan to offer 15 million shares of its common stock. Underwriters will be permitted a 30-day option to purchase up to an added 2.25 million shares to cover over-allotments. Credit Suisse Securities (USA) LLC, a subsidiary of Credit Suisse (CS) and Morgan Stanley &#38; Co. LLC, a division of Morgan Stanley (MS) are acting as joint book-running managers for the offering. Earlier in March 2011, Invesco completed the public offering of 19 million shares of common stock coupled with the issuance of an additional 2.85 million shares of common stock as the underwriters&#8217; fully exercise their option to purchase extra shares. Therefore, the total offering of 21.85 million shares was priced at around $460.2 million, excluding the probable offering expenses. Invesco also ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CS) Company News for June 14, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary-2/76314</link>
		<comments>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary-2/76314#comments</comments>
		<pubDate>Wed, 15 Jun 2011 03:24:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[ELMG]]></category>
		<category><![CDATA[EMS Technologies Inc]]></category>
		<category><![CDATA[Fairchild Semiconductor International Inc]]></category>
		<category><![CDATA[FCS]]></category>
		<category><![CDATA[Gerber Scientific Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GRB]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Harvest Natural Resources Inc]]></category>
		<category><![CDATA[HNR]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Ness Technologies Inc.]]></category>
		<category><![CDATA[NSTC]]></category>
		<category><![CDATA[Pinnacle West Capital Corporation]]></category>
		<category><![CDATA[PNW]]></category>
		<category><![CDATA[TBL]]></category>
		<category><![CDATA[Timberland Company]]></category>
		<category><![CDATA[Transatlantic Holdings Inc.]]></category>
		<category><![CDATA[TRH]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>
		<category><![CDATA[WEN]]></category>
		<category><![CDATA[Wendy's-Arby's Group Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76314</guid>
		<description><![CDATA[•    Share prices of Transatlantic Holdings (NYSE:TRH) climbed 9.50% after the reinsurer announced it was merging with Switzerland based reinsurer World Assurance Company Holdings AG AWH in a deal worth $3.2 billion •    On Monday, Wendy&#8217;s/Arby&#8217;s Group (NYSE:WEN) announced it was selling its Arby&#8217;s restaurant business to a buyer formed by Roark Capital. Atlanta-based Arby&#8217;s is the second largest quick service sandwich chain in the U.S. •    Honeywell International Inc. (NYSE:HON) announced plans to buy maker of wireless-communications products EMS Technologies, Inc. (NASDAQ:ELMG) for $33 a share •    Share prices of supplier of automated manufacturing systems Gerber Scientific, Inc. (NYSE:GRB) climbed 35.34% to close at $10.99 after it said private equity firm Vector Capital was acquiring it for $11 a share or for $281.8 million •    Oil and natural-gas developer ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary-2/76314/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(LIFE) Life Technologies Deals with Luminex</title>
		<link>http://www.stockbloghub.com/2011/06/14/life-life-technologies-deals-with-luminex/75397</link>
		<comments>http://www.stockbloghub.com/2011/06/14/life-life-technologies-deals-with-luminex/75397#comments</comments>
		<pubDate>Tue, 14 Jun 2011 18:56:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Biotechnology]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Illumina Inc]]></category>
		<category><![CDATA[ILMN]]></category>
		<category><![CDATA[LIFE]]></category>
		<category><![CDATA[Life Technologies Corporation]]></category>
		<category><![CDATA[LMNX]]></category>
		<category><![CDATA[Luminex Corporation]]></category>
		<category><![CDATA[QGEN]]></category>
		<category><![CDATA[Qiagen NV]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75397</guid>
		<description><![CDATA[Life Technologies Corporation (LIFE) recently entered into a global sales and distribution agreement with Luminex Corporation (LMNX) to access the latter’s award-winning multiplexing instrument MAGPIX to analyze proteins for research. This partnership is expected to be beneficial for MAGPIX as Life caters to scientists and researchers worldwide. On the other hand, Life expects MAGPIX to expand its cutting-edge antibody content across a broad range of protein quantitation needed in basic and clinical research. MAGPIX (launched in July 2010) is a compact, multiplex analyzer that helps efficient detection of 50 different analytes on a single sample, including proteins and nucleic acids. This product received the Medical Design Excellence Award in 2011 for its innovative design and contribution and recently received CE IVD mark in Europe. Life earns revenues from three divisions ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CS) Company News for June 14, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary/76246</link>
		<comments>http://www.stockbloghub.com/2011/06/14/cs-company-news-for-june-14-2011-corporate-summary/76246#comments</comments>
		<pubDate>Tue, 14 Jun 2011 15:03:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[ELMG]]></category>
		<category><![CDATA[EMS Technologies Inc]]></category>
		<category><![CDATA[Fairchild Semiconductor International Inc]]></category>
		<category><![CDATA[FCS]]></category>
		<category><![CDATA[Gerber Scientific Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GRB]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Harvest Natural Resources Inc]]></category>
		<category><![CDATA[HNR]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Ness Technologies Inc.]]></category>
		<category><![CDATA[NSTC]]></category>
		<category><![CDATA[Pinnacle West Capital Corporation]]></category>
		<category><![CDATA[PNW]]></category>
		<category><![CDATA[TBL]]></category>
		<category><![CDATA[Timberland Company]]></category>
		<category><![CDATA[Transatlantic Holdings Inc.]]></category>
		<category><![CDATA[TRH]]></category>
		<category><![CDATA[VF Corporation]]></category>
		<category><![CDATA[VFC]]></category>
		<category><![CDATA[WEN]]></category>
		<category><![CDATA[Wendy's-Arby's Group Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76246</guid>
		<description><![CDATA[•    Share prices of Transatlantic Holdings (NYSE:TRH) climbed 9.50% after the reinsurer announced it was merging with Switzerland based reinsurer World Assurance Company Holdings AG AWH in a deal worth $3.2 billion •    On Monday, Wendy&#8217;s/Arby&#8217;s Group (NYSE:WEN) announced it was selling its Arby&#8217;s restaurant business to a buyer formed by Roark Capital. Atlanta-based Arby&#8217;s is the second largest quick service sandwich chain in the U.S. •    Honeywell International Inc. (NYSE:HON) announced plans to buy maker of wireless-communications products EMS Technologies, Inc. (NASDAQ:ELMG) for $33 a share •    Share prices of supplier of automated manufacturing systems Gerber Scientific, Inc. (NYSE:GRB) climbed 35.34% to close at $10.99 after it said private equity firm Vector Capital was acquiring it for $11 a share or for $281.8 million •    Oil and natural-gas developer ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(BKH) Company News for June 13, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/13/bkh-company-news-for-june-13-2011-corporate-summary/76158</link>
		<comments>http://www.stockbloghub.com/2011/06/13/bkh-company-news-for-june-13-2011-corporate-summary/76158#comments</comments>
		<pubDate>Mon, 13 Jun 2011 16:17:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Electric Utilities]]></category>
		<category><![CDATA[Utilities]]></category>
		<category><![CDATA[BKH]]></category>
		<category><![CDATA[Black Hills Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[FIO]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>
		<category><![CDATA[Goodyear Tire & Rubber Company]]></category>
		<category><![CDATA[GT]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[iShares FTSE NAREIT Industrl-Offc Cp Idx]]></category>
		<category><![CDATA[LULU]]></category>
		<category><![CDATA[Lululemon Athletica Inc]]></category>
		<category><![CDATA[Micron Technology Inc.]]></category>
		<category><![CDATA[MU]]></category>
		<category><![CDATA[Rockwell Automation Inc.]]></category>
		<category><![CDATA[ROK]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[The Travelers Companies Inc.]]></category>
		<category><![CDATA[TRV]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76158</guid>
		<description><![CDATA[•    The Travelers Companies, Inc. (NYSE:TRV) announced it was slowing down its share-repurchase program as natural disasters caused a $1 billion loss to the company in April and May. •    Goodyear Tire &#38; Rubber Co. (NYSE:GT) has decided to sell its Asian wire business to Hyosung Corp., a South Korean company for $50 million •    Lululemon Athletica Inc. (NASDAQ:LULU) posted Earnings Per Share (EPS) of $0.46 for the first quarter ending May 2011 that surpassed the Zacks Consensus Estimate of $0.38 per share •    According to reports, Ally Financial, which was earlier the financial services arm of General Motors Company (NYSE:GM), will delay its $5 billion initial public offering •    Fusion-io Inc. (NYSE:FIO) raised $233.7 million through an initial public offering on its debut in public trading •    Wells Fargo ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(AKRX) Company News for June 07, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/06/07/akrx-company-news-for-june-07-2011-corporate-summary/75683</link>
		<comments>http://www.stockbloghub.com/2011/06/07/akrx-company-news-for-june-07-2011-corporate-summary/75683#comments</comments>
		<pubDate>Tue, 07 Jun 2011 16:57:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diagnostic Substances]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Akorn Inc]]></category>
		<category><![CDATA[AKRX]]></category>
		<category><![CDATA[AMED]]></category>
		<category><![CDATA[Amedisys Inc.]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Coventry Health Care Inc.]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[CVH]]></category>
		<category><![CDATA[EXEL]]></category>
		<category><![CDATA[Exelixis Inc]]></category>
		<category><![CDATA[Gen-Probe Inc.]]></category>
		<category><![CDATA[GPRO]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LOW]]></category>
		<category><![CDATA[Lowe's Companies Inc.]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[Merge Healthcare Incorporated.]]></category>
		<category><![CDATA[MRGE]]></category>
		<category><![CDATA[Novartis AG]]></category>
		<category><![CDATA[NVS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75683</guid>
		<description><![CDATA[•    Share prices of home nursing provider Amedisys, Inc.(NASDAQ:AMED) fell 7.41% after CRT Capital reduced its earnings estimates for fiscal 2011 •    According to Canaccord Genuity, data from a trial of Exelixis, Inc&#8217;s (NASDAQ:EXEL) cancer-drug candidate could possibly worsen its regulatory strategy •    According to the Wall Street Journal, Novartis AG (NYSE:NVS) could possibly opt out from the buying race for medical test manufacturer Gen-Probe Inc (NASDAQ:GPRO) •    Merge Healthcare Inc (NASDAQ:MRGE) announced plans to buy Ophthalmic Imaging Systems (OTC:OISI) for a deal worth $30.3 million in stock •    U.S.-listed shares of Peruvian metal producer Southern Copper Corp. (NYSE:SCCO) declined 11.35%, after a former army rebel won Peru&#8217;s presidential elections •    Raymond James Financial Inc. downgraded Credicorp Ltd (NYSE:BAP) , the Peruvian financial-services firm from &#8220;Outperform&#8221; to &#8220;Underperform&#8221; rating •    ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) U.S. Treasury Makes Some Gains on AIG Stock Offering</title>
		<link>http://www.stockbloghub.com/2011/05/25/aig-u-s-treasury-makes-some-gains-on-aig-stock-offering/74935</link>
		<comments>http://www.stockbloghub.com/2011/05/25/aig-u-s-treasury-makes-some-gains-on-aig-stock-offering/74935#comments</comments>
		<pubDate>Thu, 26 May 2011 02:06:32 +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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></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[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74935</guid>
		<description><![CDATA[Yesterday, American International Group Inc. (AIG) announced that it has priced its first secondary stock offering of 300 million shares since 2008, initiated with the US Treasury about a fortnight ago, at $29 per share, raising about $8.7 billion. The par value of these shares stood at $2.50. The share price came in close to the Treasury’s break-even of $28.72 per share, which was set to recover the government’s $47.5 billion cash investment in AIG. Moreover, according to previously laid out terms, Treasury will retain the booty raised from the sale of 200 million of stock, while AIG will raise about $2.9 billion from the sale of 100 million shares. The Treasury has offered the underwriters an opportunity to make an optional purchase of 45 million additional shares in order ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) AIG and U.S. Treasury Announce $300 Million Stock Offering</title>
		<link>http://www.stockbloghub.com/2011/05/16/aig-aig-and-u-s-treasury-announce-300-million-stock-offering/73965</link>
		<comments>http://www.stockbloghub.com/2011/05/16/aig-aig-and-u-s-treasury-announce-300-million-stock-offering/73965#comments</comments>
		<pubDate>Mon, 16 May 2011 15:01:38 +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[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></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[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=73965</guid>
		<description><![CDATA[Yesterday, American International Group Inc. (AIG) and the US Treasury announced their decision to go ahead with the public offering of AIG’s common shares. While 100 million shares will be sold by AIG, 200 million will be sold by the Treasury. The total stock sale is estimated to be worth $9 billion at a price close to the Treasury’s break-even of $28.72 per share. Besides, the Treasury has offered the underwriters to make an optional purchase of 45 million additional shares in order to cover over-allotments. Although the pricing of this stock sale is yet to be disclosed, the total offering is expected to account for about 20% of AIG&#8217;s market value. Additionally, according to previously laid out terms, AIG will not receive anything from the Treasury stock sale. However, ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(BOBE) Company News for May 11, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/05/11/bobe-company-news-for-may-11-2011-corporate-summary/73828</link>
		<comments>http://www.stockbloghub.com/2011/05/11/bobe-company-news-for-may-11-2011-corporate-summary/73828#comments</comments>
		<pubDate>Wed, 11 May 2011 16:16:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Restaurants]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Bob Evans Farms Inc.]]></category>
		<category><![CDATA[BOBE]]></category>
		<category><![CDATA[Boston Scientific Corporation]]></category>
		<category><![CDATA[BSX]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[CEPH]]></category>
		<category><![CDATA[Cephalon Inc.]]></category>
		<category><![CDATA[Chesapeake Utilities Corporation]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Cosan Limited]]></category>
		<category><![CDATA[CPK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[CZZ]]></category>
		<category><![CDATA[Dean Foods Company]]></category>
		<category><![CDATA[DF]]></category>
		<category><![CDATA[DHX]]></category>
		<category><![CDATA[Dice Holdings Inc]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GPK]]></category>
		<category><![CDATA[Graphic Packaging Holding Company]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MannKind Corporation]]></category>
		<category><![CDATA[MDVN]]></category>
		<category><![CDATA[Medivation Inc]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MNKD]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[NGLS]]></category>
		<category><![CDATA[PANL]]></category>
		<category><![CDATA[Targa Resources Partners LP]]></category>
		<category><![CDATA[Universal Display Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73828</guid>
		<description><![CDATA[•    Microsoft Corp. (NASDAQ:MSFT) will purchase internet communications leader Skype from the investor consortium led by Silver Lake. The deal which is worth $8.5 billion in cash has been approved by the boards of directors of both companies •    Dean Foods (NYSE:DF) reported Q1 EPS of $0.14, surpassing the Zacks Consensus Estimate of $0.06 per share •    Medical-device maker Boston Scientific Corporation (NYSE:BSX) announced that Ray Elliott would retire as president and CEO at the end of the year •    Shares of online technology-jobs sites operator DICE HOLDINGS, INC. (NYSE:DHX) dropped 5.5% a day after the company revealed that “certain stockholders” would sell 8 million shares. •    Share prices of MannKind Corp.(NASDAQ:MNKD) plunged 12.3% a day after the biotechnology firm  reported a first-quarter loss exceeding expectations •    Late on Monday, ]]></description>
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		<item>
		<title>(DVA) DaVita Beats Earnings Estimates on Revenues</title>
		<link>http://www.stockbloghub.com/2011/05/04/dva-davita-beats-earnings-estimates-on-revenues/73182</link>
		<comments>http://www.stockbloghub.com/2011/05/04/dva-davita-beats-earnings-estimates-on-revenues/73182#comments</comments>
		<pubDate>Wed, 04 May 2011 16:48:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Specialized Health Services]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DaVita Inc.]]></category>
		<category><![CDATA[DVA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73182</guid>
		<description><![CDATA[DaVita Inc. (DVA) reported first-quarter net operating income of $94.5 million, or 96 cents per share, exceeding the Zacks Consensus Estimate by a penny. However, DaVita lagged the earnings of $109.4 million or $1.04 per share in the comparable quarter of 2010. This was attributable to better-than-expected revenues and strong cash flows of the company. However, higher operating expenses resulted in the decline. Net operating revenues for the reported quarter climbed 3.0% year-over-year to $1.61 billion, beating the Zacks Consensus Estimate of $1.60 billion. Total operating expenses and charges for the quarter climbed 4.3% year-over-year to $1.37 billion. DaVita’s quarterly consolidated operating income, including stock based compensation and equity investment income plummeted approximately 2.9% year-over-year to $236 million. Operating income margin for the reported quarter stood at 14.7% as opposed ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group International Lease Finance Swaps Notes</title>
		<link>http://www.stockbloghub.com/2011/04/13/aig-american-international-group-international-lease-finance-swaps-notes/70955</link>
		<comments>http://www.stockbloghub.com/2011/04/13/aig-american-international-group-international-lease-finance-swaps-notes/70955#comments</comments>
		<pubDate>Wed, 13 Apr 2011 16:29:19 +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[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70955</guid>
		<description><![CDATA[American International Group Inc.&#8217;s (AIG) jet leasing unit International Lease Finance Corporation (“ILFC”) has planned to swap new debt for old notes. AIG’s subsidiary ILFC has stated that it will exchange up to $2.75 billion in new publicly registered debt for old private notes. According to ILFC, the newly registered notes of $2.75 billion will involve an exchange of up to $1.25 billion in 8.625% registered senior notes due 2015 for any and all of its outstanding privately placed 8.625% senior notes due 2015. In addition, it will involve swapping up to $1.5 billion in 8.75% registered senior notes due 2017 for any and all of its outstanding privately placed 8.75% senior notes due 2017. Further, these notes are registered under the Securities Act of 1933, as amended. Additionally, the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DLLR) Dollar Financial Corporation Prices Share Offering</title>
		<link>http://www.stockbloghub.com/2011/04/12/dllr-dollar-financial-corporation-prices-share-offering/71266</link>
		<comments>http://www.stockbloghub.com/2011/04/12/dllr-dollar-financial-corporation-prices-share-offering/71266#comments</comments>
		<pubDate>Tue, 12 Apr 2011 17:57:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DLLR]]></category>
		<category><![CDATA[Dollar Financial Corporation]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71266</guid>
		<description><![CDATA[Dollar Financial Corporation (DLLR) has priced its previously announced public offering of 6 million shares at $20.75 per share, to use the proceeds to help fund its acquisition of Purpose U.K. Holdings Limited in the U.K. However, Dollar Financial earlier planned to underwrite a public offering of 5 million shares of its common stock, subject to market conditions. Further, according to the Securities and Exchange Commission, Dollar Financial allowed underwriters a 30-day option to cover allotments up to an additional 9 million shares of common stock. The offering is expected to close on April 13, while Credit Suisse Securities (USA) LLC, a unit of Credit Suisse Group (CS) and Nomura Securities International, Inc., an arm of Nomura Holdings Inc. (NMR) will act as the joint book-running managers for the offering. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Basel III Capital Standards Defined</title>
		<link>http://www.stockbloghub.com/2011/04/09/gs-basel-iii-capital-standards-defined/70954</link>
		<comments>http://www.stockbloghub.com/2011/04/09/gs-basel-iii-capital-standards-defined/70954#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:17:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70954</guid>
		<description><![CDATA[Regulatory officials from more than two dozen countries are trying to exercise more flexibility in taking care of world’s biggest banks with its new set of capital standards, known as Basel III, Reuters reported on Wednesday. In 2010, global regulators had decided to adopt tougher measures for a fixed number of critical institutions to prevent the recurrence of a global financial crisis and restore public confidence. The flexibility will allow regulators to add or remove banks, which are conventionally very important, from the list of risky banks. What’s the Aim? Basically, the concerned regulators are trying to adopt a practical approach to make matters more smooth and measures more effective. Some banks from the Basel list may attain capital levels that are above the risk meter, but there might be ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DLLR) Dollar Financial Commences Stock Offering</title>
		<link>http://www.stockbloghub.com/2011/04/07/dllr-dollar-financial-commences-stock-offering/70870</link>
		<comments>http://www.stockbloghub.com/2011/04/07/dllr-dollar-financial-commences-stock-offering/70870#comments</comments>
		<pubDate>Thu, 07 Apr 2011 14:40:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DLLR]]></category>
		<category><![CDATA[Dollar Financial Corporation]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70870</guid>
		<description><![CDATA[In order to help fund its acquisition of Purpose U.K. Holdings Limited in the U.K., Dollar Financial Corporation (DLLR) plans to underwrite a public offering of 5 million shares of its common stock, subject to market conditions. According to the Securities and Exchange Commission, Dollar Financial allowed underwriters a 30-day option to cover allotments up to an additional 7.5 million shares of common stock, if any. Credit Suisse Securities (USA) LLC, a unit of Credit Suisse Group (CS) and Nomura Securities International, Inc., an arm of Nomura Holdings Inc (NMR) will act as the joint book-running managers for the offering. Further, Dollar Financial expects to loan the net proceeds of this offering to Dollar Financial U.K. Limited, one of the company’s wholly-owned subsidiaries, to enable it to repay a portion of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/07/dllr-dollar-financial-commences-stock-offering/70870/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(AIG) American International Group&#8217;s International Lease Finance Refinances Debt</title>
		<link>http://www.stockbloghub.com/2011/04/03/aig-american-international-groups-international-lease-finance-refinances-debt/70544</link>
		<comments>http://www.stockbloghub.com/2011/04/03/aig-american-international-groups-international-lease-finance-refinances-debt/70544#comments</comments>
		<pubDate>Sun, 03 Apr 2011 15:49:49 +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[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70544</guid>
		<description><![CDATA[In order to refinance debt, American International Group Inc. (AIG)’s jet leasing unit International Lease Finance Corporation (ILFC) has secured a $1.3 billion term loan with a group of 15 banks from Europe, Asia and North America. Accordingly, ILFC’s term loan will be funded over the next 12 months and is set to mature in 2018. In addition, its proceeds will be used to prepay ILFC’s existing unsecured and secured bank facilities due in October 2011 and 2012. Besides, ILFC has also secured the right to increase its term loan commitment by $200 million from additional lenders. Citigroup Inc. (C) and Credit Suisse Group (CS) will act as the joint structuring and placement agents for ILFC’s term loan, while BNP Paribas will act as an additional joint placement agent for ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/03/aig-american-international-groups-international-lease-finance-refinances-debt/70544/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Denied RMBS Purchase by Federal Reserve Bank of New York</title>
		<link>http://www.stockbloghub.com/2011/04/01/aig-american-international-group-denied-rmbs-purchase-by-federal-reserve-bank-of-new-york/70483</link>
		<comments>http://www.stockbloghub.com/2011/04/01/aig-american-international-group-denied-rmbs-purchase-by-federal-reserve-bank-of-new-york/70483#comments</comments>
		<pubDate>Fri, 01 Apr 2011 16:18:53 +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[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Rambus Inc.]]></category>
		<category><![CDATA[RMBS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70483</guid>
		<description><![CDATA[Finally, the Federal Reserve Bank of New York (FRBNY) turned down American International Group Inc.’s (AIG) offer to repurchase its $15.7 billion residential mortgage-backed securities (RMBS) on Maiden II. This is a special-purpose investment vehicle that the company had handed over to FRBNY as collateral mortgage bonds during the peak of its financial crisis. The FRBNY has however decided to hold competitive bidding on the RMBS rather than handing them back to AIG. The bidding procedure is expected to help boost FRBNY’s earnings. Moreover, given the improvement in the yield of the RMBS driven by the ongoing economic revival, many bidders are showing interest in this investment. For similar reasons, the buyback by AIG at this point would have proved to be a lucrative investment. Hence, the company’s management is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/01/aig-american-international-group-denied-rmbs-purchase-by-federal-reserve-bank-of-new-york/70483/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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