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	<title>Stock Blog Hub &#187; JPMorgan Chase &amp; Company</title>
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	<description>Start Your Investing Research Here!</description>
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		<title>(JPM) JPMorgan Chase &amp; Company Halts Share Buyback</title>
		<link>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720</link>
		<comments>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720#comments</comments>
		<pubDate>Tue, 22 May 2012 18:52:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100720</guid>
		<description><![CDATA[In a surprising turn of events, JPMorgan Chase &#38; Co.’s (JPM) CEO announced the suspension of the company’s $15 billion share repurchase program. The announcement was made at the Deutsche Bank Securities Global Financial Services Investor Conference in New York on Monday. The primary reason for the halt was the fact that it does not want any glitches in the plans to meet the Basel III capital requirements. JPMorgan would re-start the program once it is able to rebuild the capital it lost as a result of the $2 billion trading loss, which it incurred in the first six weeks of the current quarter. On May 10, JPMorgan had announced that it incurred substantial losses in an index of credit default swap (a type of derivative), which was supposed to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TD) The Toronto-Dominion Bank to Settle Overdraft Charges</title>
		<link>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264</link>
		<comments>http://www.stockbloghub.com/2012/05/16/td-the-toronto-dominion-bank-to-settle-overdraft-charges/100264#comments</comments>
		<pubDate>Wed, 16 May 2012 17:53:30 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CBSH]]></category>
		<category><![CDATA[Commerce Bancshares Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100162</guid>
		<description><![CDATA[Markets suffered a heavy fall yesterday as political uncertainty in Europe continued and China’s economic health looked gloomier than previously perceived. Financial bellwether JPMorgan’s disclosure that it had suffered a $2 billion trading loss remained an overhang on the markets and dragged down financials once again. As the benchmarks finished in the red, S&#38;P 500 recorded its lowest level since February. The Dow Jones Industrial Average (DJI) inched down 1% to close at 12,695.35. The Standard &#38; Poor 500 (S&#38;P 500) lost 1.1% and finished yesterday’s trading session at 1,338.35. The tech-laden Nasdaq Composite Index slumped 1.1% and ended at 2,902.58. The fear-gauge CBOE Volatility Index (VIX) jumped almost 10% to settle significantly higher at 21.87. Consolidated volumes on the New York Stock Exchange, Nasdaq, and the American Stock Exchange ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/15/xlf-stock-market-news-for-may-15-2012-market-news/100162/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CHSI) SXC Health Solutions to Buy Catalyst Health</title>
		<link>http://www.stockbloghub.com/2012/04/21/chsi-sxc-health-solutions-to-buy-catalyst-health/99404</link>
		<comments>http://www.stockbloghub.com/2012/04/21/chsi-sxc-health-solutions-to-buy-catalyst-health/99404#comments</comments>
		<pubDate>Sat, 21 Apr 2012 20:20:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Insurance Brokers]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Catalyst Health Solutions Inc]]></category>
		<category><![CDATA[CHSI]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[CVS]]></category>
		<category><![CDATA[CVS Caremark Corporation]]></category>
		<category><![CDATA[ESRX]]></category>
		<category><![CDATA[Express Scripts Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Pacific Booker Minerals Inc.]]></category>
		<category><![CDATA[PBM]]></category>
		<category><![CDATA[SXC Health Solutions Corporation]]></category>
		<category><![CDATA[SXCI]]></category>
		<category><![CDATA[UNH]]></category>
		<category><![CDATA[Unitedhealth Group Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99404</guid>
		<description><![CDATA[On Wednesday, Catalyst Health Solutions Inc. (CHSI) announced that it has entered into a $4.4 billion takeover agreement with rival pharmacy benefits management (PBM) company, SXC Health Solutions Corp. (SXCI). As per the agreement, SXC Health will acquire Catalyst Health for $28 per share in cash and 0.6606 shares of SXC Health in exchange of every share of Catalyst Health. Considering the closing share price of the two companies on April 17, 2012, the agreement terms translate into a purchase price of $81.02 per share of Catalyst Health, representing a 28% premium on Catalyst’s closing price of $63.54 on April 17. Following the acquisition, the shareholders of SXC Health and Catalyst Health will own 65% and 35% of the combined company, respectively. The takeover is expected to be completed by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/21/chsi-sxc-health-solutions-to-buy-catalyst-health/99404/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase &amp; Company Returns to Form</title>
		<link>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-company-returns-to-form/98546</link>
		<comments>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-company-returns-to-form/98546#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:24:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DaVita Inc.]]></category>
		<category><![CDATA[DVA]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98546</guid>
		<description><![CDATA[After profit declines for two straight quarters, JPMorgan Chase &#38; Company (JPM) reported first quarter earnings per share of $1.31, topping the Zacks Consensus Estimate of $1.17. This also compares favorably with $1.28 earned in the prior-year quarter. That’s more like the JPMorgan we have always known. JPMorgan’s better-than-expected earnings signals good going by the sector as it has exposure in almost all banking businesses. Marked recovery of the bond and equity market and consequent revenue growth, which helped JPMorgan to bounce back, should lift the results of other mega-banks during the quarter. JPMorgan’s earnings per share for the reported quarter included certain significant nonrecurring items, such as after-tax benefit from reduced loan loss reserves of 28 cents per share, after-tax benefit from the Washington Mutual bankruptcy settlement of 17 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-company-returns-to-form/98546/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CMA) Comerica Analyst Stays Neutral on Shares</title>
		<link>http://www.stockbloghub.com/2012/04/20/cma-comerica-analyst-stays-neutral-on-shares/98408</link>
		<comments>http://www.stockbloghub.com/2012/04/20/cma-comerica-analyst-stays-neutral-on-shares/98408#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:18:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[CMA]]></category>
		<category><![CDATA[Comerica Incorporated]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98408</guid>
		<description><![CDATA[We have reaffirmed our Neutral recommendation on Comerica Inc. (CMA) based on its fundamentals, stress test clearance and the subsequent capital deployment efforts as well as the current economic environment. Fourth Quarter Results Comerica Inc. reported fourth-quarter 2011 operating earnings of 60 cents per share. However, the reported earnings included 12 cents per share of merger and restructuring charges related to the acquisition of Sterling Bancshares Inc. After considering this expense, net income attributable to common shares came in at 48 cents per share, beating the Zacks Consensus Estimate of 46 cents. Comerica’s results reflected a growth in net interest income and a decrease in loan loss provisions driven by an improvement in credit quality. However, a fall in non-interest income and a rise in expenses were on the downside. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Chase Earnings Preview</title>
		<link>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-earnings-preview-2/98488</link>
		<comments>http://www.stockbloghub.com/2012/04/20/jpm-jpmorgan-chase-earnings-preview-2/98488#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:15:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DaVita Inc.]]></category>
		<category><![CDATA[DVA]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NIM]]></category>
		<category><![CDATA[Nuveen Select Maturities Municipal Fund]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98488</guid>
		<description><![CDATA[JPMorgan Chase &#38; Co. (JPM) is scheduled to report its first quarter 2012 results before the market opens on Friday, April 13. The Zacks Consensus Estimate for the quarter is $1.17 per share, representing a year-over-year slump of about 9%. After profit declines for two straight quarters, we expect JPMorgan to report impressive numbers this quarter as it is wont to do. Marked recovery of the bond and equity market and consequent revenue growth forms the basis of our assumption. Though there are fundamental pressures like low interest rates and sluggish loan demand growth on the sector, improving macroeconomic elements, such as rising consumer spending and lower unemployment, are expected to bring revenue stability for JPMorgan and the other major U.S. banks. However, JPMorgan has been fighting with poor capital market ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBAN) Huntington Bancshares Maintain Neutral Rating</title>
		<link>http://www.stockbloghub.com/2012/04/19/hban-huntington-bancshares-maintain-neutral-rating/97929</link>
		<comments>http://www.stockbloghub.com/2012/04/19/hban-huntington-bancshares-maintain-neutral-rating/97929#comments</comments>
		<pubDate>Thu, 19 Apr 2012 20:45:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[HBAN]]></category>
		<category><![CDATA[Huntington Bancshares Inc]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97929</guid>
		<description><![CDATA[We have reaffirmed our Neutral recommendation on Huntington Bancshares Incorporated (HBAN) based on its fundamentals, the share buyback authorization and the recent acquisition of the Fidelity Bank. Fourth Quarter Result Huntington reported fourth-quarter 2011 earnings of 14 cents per share, in line with the Zacks Consensus Estimate. Results were slightly down from 16 cents per share earned in the prior quarter but significantly ahead of the prior-year earnings of 5 cents per share. Earnings were positively influenced by higher net-interest revenues and lower non-interest expenses. Yet, a fall in fee income and a modest rise in provision for loan losses offset the positives. Fidelity Bank Acquisition In an effort to expand its footprint in Southeast Michigan, Huntington recently acquired Fidelity Bank in a Federal Deposit Insurance Corporation (FDIC) assisted deal. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Acquires Ariel Reinsurance</title>
		<link>http://www.stockbloghub.com/2012/04/19/gs-goldman-acquires-ariel-reinsurance/98392</link>
		<comments>http://www.stockbloghub.com/2012/04/19/gs-goldman-acquires-ariel-reinsurance/98392#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:53:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98548</guid>
		<description><![CDATA[Wells Fargo &#38; Company’s (WFC) first quarter 2012 earnings of 75 cents per share were 2 cents ahead of the Zacks Consensus Estimate. Results improved from earnings per share of 73 cents in the prior quarter and 67 cents in the year-ago quarter. First quarter net income applicable to common stock came in at $4.0 billion, up 3% sequentially and 13% year over year. Wells Fargo’s results were primarily driven by a higher top line. The company reported a growth in mortgage banking revenue. It also reported $400 million (pre tax), attributable to improved portfolio performance. However, an increase in operating expenses was on the downside. The quarter’s revenue came in at $21.6 billion, which was above the Zacks Consensus Estimate of $20.5 billion. Revenue was also up 5% sequentially ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EPS) Stock Market News for April 19, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/04/19/eps-stock-market-news-for-april-19-2012-market-news/99160</link>
		<comments>http://www.stockbloghub.com/2012/04/19/eps-stock-market-news-for-april-19-2012-market-news/99160#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:27:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[EPS]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[International Business Machines Corporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KEY]]></category>
		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Regions Financial Corporation]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[WisdomTree Earnings 500]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=99160</guid>
		<description><![CDATA[A day after the benchmarks had their best run in nearly a month, insipid results from two tech-bellwethers and European economic concerns dragged the markets lower on Wednesday. Incidentally, benchmarks’ robust performance on Tuesday was largely boosted by the same fronts, except that corporate results came in strong and Europe had positive news to share about. Unfortunately, IBM and Intel’s results failed to lift investors’ sentiment yesterday, and bad loans of Spanish banks reached to the highest level since 1994. The Dow Jones Industrial Average (DJI) slumped 0.6% to close at 13,032.75. The Standard &#38; Poor 500 (S&#38;P 500) was down 0.4% and finished yesterday’s trading session at 1,385.14. The tech-laden Nasdaq Composite Index dropped 0.4% to sign off at 3,031.45. The fear-gauge CBOE Volatility Index (VIX) edged up by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/19/eps-stock-market-news-for-april-19-2012-market-news/99160/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BAC) Bank of America Looks to Sell Assets Again</title>
		<link>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970</link>
		<comments>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970#comments</comments>
		<pubDate>Thu, 19 Apr 2012 02:12:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Community Properties Trust]]></category>
		<category><![CDATA[APO]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98640</guid>
		<description><![CDATA[Fears of a global financial slowdown, sparked off by worrying news from Europe and China, battered the markets down on Friday resulting in the benchmarks’ worst week this year. None of the 10 industry groups of S&#38;P 500 could muster a finish in the green, and the index suffered its first set of consecutive declines since November last year. The Dow Jones Industrial Average (DJI) plunged 1.2% to settle at 12,849.59. The Standard &#38; Poor 500 (S&#38;P 500) slumped 1.3% to finish Friday’s trading session at 1,370.26. The tech-laden Nasdaq Composite Index crashed to 3,011.33, after losing 1.5%. The fear-gauge CBOE Volatility Index (VIX) soared 13.7% to close at 19.55. Consolidated volumes on the New York Stock Exchange, the American Stock Exchange and Nasdaq remained low at roughly 6.07 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/16/gdp-stock-market-news-for-april-16-2012-market-news/98640/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BAC) Bank of America: The New Landlord</title>
		<link>http://www.stockbloghub.com/2012/04/11/bac-bank-of-america-the-new-landlord/96714</link>
		<comments>http://www.stockbloghub.com/2012/04/11/bac-bank-of-america-the-new-landlord/96714#comments</comments>
		<pubDate>Wed, 11 Apr 2012 18:56:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96714</guid>
		<description><![CDATA[Last week, Bank of America Corporation (BAC) announced its ‘Mortgage to Lease’ initiative, allowing the distressed customers (related to foreclosures) to remain in their houses as the ownership of their property would be taken over by the company. At present, the company has launched a pilot project in the states of Nevada, Arizona and New York and only about 1,000 homeowners will become a part of this program. BofA further stated that the customers will be chosen by the company itself. They will not be allowed to apply or volunteer for the program. Once the program is successful, it will be rolled out nationally. Eligibility Criteria BofA has stated that the customers who would be chosen in the pilot project will have to fulfill all the criteria that the company ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/11/bac-bank-of-america-the-new-landlord/96714/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PNC) PNC Financial Services Group Hikes Dividend &#8211; Announces Share Buyback</title>
		<link>http://www.stockbloghub.com/2012/04/10/pnc-pnc-financial-services-group-hikes-dividend-announces-share-buyback/98107</link>
		<comments>http://www.stockbloghub.com/2012/04/10/pnc-pnc-financial-services-group-hikes-dividend-announces-share-buyback/98107#comments</comments>
		<pubDate>Tue, 10 Apr 2012 14:03:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Liberty All Star Equity Fund]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98107</guid>
		<description><![CDATA[There is finally something official for the shareholders of PNC Financial Services Group Inc. (PNC) to cheer for.  The company has announced a 14% hike in its quarterly dividend. Moreover, PNC Financial also intends to buy back up to $250 million of common stock under its existing 25 million share repurchase program during the remainder of 2012. The Details The increased quarterly cash dividend now stands at 40 cents per share, up 5 cents from 35 cents paid earlier. This new dividend payment date is May 5, 2012, payable the next business day, to shareholders of record as of the close of business April 17, 2012. Moreover, the company plans to buy back up to $250 million of common stock under its existing 25 million share repurchase program. The shares ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup Analyst Lowers Shares to Underperform</title>
		<link>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107</link>
		<comments>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:04:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96107</guid>
		<description><![CDATA[We are downgrading our recommendation on Citigroup Inc. (C) to Underperform from Neutral based on its failure to pass the Federal Reserve’s most recent stress test. Investors were widely speculating about the amount of money companies like Citigroup will be allowed by the Fed to return to their shareholders this year. Notably, Citi has failed to significantly enhance shareholder value following the financial crisis and this somewhat weakened its competitive position. Besides Citi, the three other companies that have failed the stress test this time are Ally Financial Inc., MetLife Inc. (MET) and SunTrust Banks Inc. (STI). Contrary to Citigroup and the other three failed companies, the other Wall Street bigs such as JPMorgan Chase &#38; Co. (JPM), U.S. Bancorp (USB) and Wells Fargo &#38; Co. (WFC) managed to clear ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(MS) Morgan Stanley Faces Federal Reserve Fury</title>
		<link>http://www.stockbloghub.com/2012/04/09/ms-morgan-stanley-faces-federal-reserve-fury/97940</link>
		<comments>http://www.stockbloghub.com/2012/04/09/ms-morgan-stanley-faces-federal-reserve-fury/97940#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:00:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97940</guid>
		<description><![CDATA[Morgan Stanley (MS) is facing the Federal Reserve’s fury. According to a Reuters report, the Fed plans to fine Morgan Stanley on grounds of misconduct and negligence in handling foreclosures by one of its mortgage servicing units. The mortgage servicing unit in question is Saxon Mortgage Services Inc. While Morgan Stanley agreed to sell this unit to Ocwen Financial Corp in October 2011 and closed the deal recently, the Fed pointed at this unit’s behavior with respect to foreclosures between 2009 and 2010. According to Fed allegations, this particular unit of Morgan Stanley completed foreclosures without properly verifying the documents. Moreover, according to Fed, the company was also in dearth of adequate staff and resources for handling an increased flow of foreclosures during that period. While Fed has not revealed ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Group in Trouble Again</title>
		<link>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264</link>
		<comments>http://www.stockbloghub.com/2012/04/05/gs-goldman-sachs-group-in-trouble-again/96264#comments</comments>
		<pubDate>Thu, 05 Apr 2012 17:49:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MTB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96264</guid>
		<description><![CDATA[According to Reuters, the federal judge in New York rescinded the bid filed by The Goldman Sachs Group Inc. (GS) regarding the dismissal of a lawsuit charged against the bank, accusing it of selling risky debts. The US District Judge, Victor Marrero, has ordered the plaintiff, Dodona I LLC, to pursue the proceedings over its claims against Goldman relating to the $2 billion offering of collateralized debt obligations (CDOs). Established in 2007, hedge fund Dodona filed a lawsuit against Goldman in the federal court in New York over Hudson Mezzanine Funding 2006-1 and 2006-2 CDOs. The securities offered to the investors, were residential mortgage-backed securities. CDOs typically repackage bonds and other assets into new securities. These are not traded on a public exchange, allowing firms like Goldman to generate fees ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NTRS) Northern Trust Corporation Increases Dividend</title>
		<link>http://www.stockbloghub.com/2012/04/04/ntrs-northern-trust-corporation-increases-dividend/95423</link>
		<comments>http://www.stockbloghub.com/2012/04/04/ntrs-northern-trust-corporation-increases-dividend/95423#comments</comments>
		<pubDate>Wed, 04 Apr 2012 16:57:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Northern Trust Corporation]]></category>
		<category><![CDATA[NTRS]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95423</guid>
		<description><![CDATA[On Wednesday, Northern Trust Corporation (NTRS) increased its quarterly common stock dividend by 2 cents to 30 cents per share. The dividend will be paid on July 2, 2012 to shareholders of record as of June 8. The strength of Northern Trust’s business model reflects the company’s commitment towards returning value to the shareholders with its strong cash generation capabilities. Prior to this revision, the company had increased its quarterly dividend to 28 cents per share in December 2007, an increase of 12%. Northern Trust got the approval for its capital plan, which includes a hike in the quarterly dividend and the buyback of shares worth $240 million through March 2013. After receiving the regulatory nod, Northern Trust decided to hike dividend and board of directors approved a new common ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBAN) Michigan Bank Fails &#8211; 2012 Tally Hits 16</title>
		<link>http://www.stockbloghub.com/2012/04/04/hban-michigan-bank-fails-2012-tally-hits-16/97488</link>
		<comments>http://www.stockbloghub.com/2012/04/04/hban-michigan-bank-fails-2012-tally-hits-16/97488#comments</comments>
		<pubDate>Wed, 04 Apr 2012 16:53:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[HBAN]]></category>
		<category><![CDATA[Huntington Bancshares Inc]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97488</guid>
		<description><![CDATA[Last Friday, the Michigan Office of Financial and Insurance Regulation shuttered Dearborn-based Fidelity Bank, taking the number of failed U.S. banks thus far in 2012 to 16. This follows 92 bank failures in 2011, 157 in 2010, 140 in 2009 and 25 in 2008. While the financials of a few large banks continue to stabilize on the back of an economic recovery, the industry is still on shaky ground. The sector presents a picture similar to that of 2011, with nagging issues like depressed home prices along with still-high loan defaults and unemployment levels troubling such institutions. The lingering economic uncertainty and its effects also weigh on many banks. The need to absorb bad loans offered during the credit explosion has made these banks susceptible to severe problems. Fidelity Bank ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/04/hban-michigan-bank-fails-2012-tally-hits-16/97488/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) U.S. Banks in 2012: Share Buybacks and High Dividends</title>
		<link>http://www.stockbloghub.com/2012/03/23/jpm-u-s-banks-in-2012-share-buybacks-and-high-dividends/96273</link>
		<comments>http://www.stockbloghub.com/2012/03/23/jpm-u-s-banks-in-2012-share-buybacks-and-high-dividends/96273#comments</comments>
		<pubDate>Fri, 23 Mar 2012 21:54:29 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Regions Financial Corporation]]></category>
		<category><![CDATA[RF]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96273</guid>
		<description><![CDATA[These five U.S. banks are not only financially fit&#8230; they&#8217;re on track for share buybacks and high dividends in 2012. In January, bank regulators voted to release a proposal for how banks with more than $10 billion in assets should conduct stress tests annually. The purpose of the tests is to gauge whether or not individual banks can withstand another major economic downturn. The tests are now a required cost of doing business due to the 2010 Dodd-Frank financial oversight law. Stress tests have become a key component of how regulators will assess the health of the banking industry. The Federal Reserve also decided to put banks with more than $50 billion in assets through separate tests to gauge whether they have sufficient capital. The results of these tests came ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XHB) Stock Market News for March 20, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/03/22/xhb-stock-market-news-for-march-20-2012-market-news/95955</link>
		<comments>http://www.stockbloghub.com/2012/03/22/xhb-stock-market-news-for-march-20-2012-market-news/95955#comments</comments>
		<pubDate>Thu, 22 Mar 2012 16:12:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HD]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LEN]]></category>
		<category><![CDATA[Lennar Corporation]]></category>
		<category><![CDATA[MDC]]></category>
		<category><![CDATA[MDC Holdings Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PHM]]></category>
		<category><![CDATA[Pulte Homes Inc.]]></category>
		<category><![CDATA[SPDR S&P Homebuilders]]></category>
		<category><![CDATA[The Home Depot Inc]]></category>
		<category><![CDATA[TOL]]></category>
		<category><![CDATA[Toll Brothers Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XHB]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95955</guid>
		<description><![CDATA[On a day devoid of major economic events, tepid housing data could do little to bolster the markets and benchmarks ended the day just slightly higher. It was yet another choppy trading session for the benchmarks, which started on a low note and recovered after Apple announced a dividend payout and share buyback. By the closing bell, benchmarks had lost some ground and dropped from the day’s highs. The Dow Jones Industrial Average (DJI) edged up 0.05% and closed the day at 13,239.13. The Standard &#38; Poor 500 (S&#38;P 500) closed yesterday’s trading session 0.4% higher at 1,409.75. The tech-laden Nasdaq Composite Index jumped 0.8% and settled at 3,078.32. The fear-gauge CBOE Volatility Index (VIX) gained 3.9% to close at 15.04. Consolidated volumes on the New York Stock Exchange, the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/22/xhb-stock-market-news-for-march-20-2012-market-news/95955/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Federal Reserve to Fine Eight Other Banks for Foreclosure Mess</title>
		<link>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108</link>
		<comments>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108#comments</comments>
		<pubDate>Thu, 22 Mar 2012 16:05:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96108</guid>
		<description><![CDATA[After penalizing the country’s five largest mortgage servicers last month, the Federal Reserve now plans to fine eight other banks for foreclosure abuses. This was stated by Suzanne G. Killian, a senior associate director of the Fed, at a congressional hearing in Brooklyn. The banks that were held responsible for wrongly foreclosing homeowners’ properties include EverBank, The Goldman Sachs Group Inc. (GS), HSBC Holdings Plc (HBC), PNC Financial Services Group (PNC), MetLife Inc. (MET), OneWest Bank, SunTrust Banks (STI) and U.S. Bancorp (USB). However, the amounts of penalties have not been disclosed. The nation’s mortgage servicers were under the radar for the alleged used of ‘robo-signers’ ? employees who sign hundreds of documents a day without verifying decisive information like the previously outstanding amounts of borrowers. This was the main ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/22/gs-federal-reserve-to-fine-eight-other-banks-for-foreclosure-mess/96108/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AIG) American International Group Raises $2 Billion from Note Offerings</title>
		<link>http://www.stockbloghub.com/2012/03/22/aig-american-international-group-raises-2-billion-from-note-offerings/96081</link>
		<comments>http://www.stockbloghub.com/2012/03/22/aig-american-international-group-raises-2-billion-from-note-offerings/96081#comments</comments>
		<pubDate>Thu, 22 Mar 2012 16:03:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIA]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96081</guid>
		<description><![CDATA[On Monday, American International Group Inc. (AIG) issued long-term notes worth $2 billion in a two-part offering, according to Thomson Reuters. Accordingly, one fraction of senior unsecured notes is valued at $1.25 billion. These notes were issued at a price of $99.797 and dated to mature on March 20, 2017.  These callable five-year fixed rate notes are projected to have a spread of 265 basis points (bps) over the US Treasuries, while bearing a coupon rate of 3.8% and yield rate of 3.845%. Besides, the second tranche of senior unsecured notes is worth $750 million. These notes were issued at a price of $99.844 and dated to mature on March 20, 2015.  These three-year fixed rate notes are projected to have a spread of 245 bps over the US Treasuries, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/22/aig-american-international-group-raises-2-billion-from-note-offerings/96081/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SPG) Simon Property Group to Issue Shares</title>
		<link>http://www.stockbloghub.com/2012/03/19/spg-simon-property-group-to-issue-shares/94750</link>
		<comments>http://www.stockbloghub.com/2012/03/19/spg-simon-property-group-to-issue-shares/94750#comments</comments>
		<pubDate>Tue, 20 Mar 2012 03:25:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[REIT - Retail]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Simon Property Group Inc.]]></category>
		<category><![CDATA[SPG]]></category>

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

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95231</guid>
		<description><![CDATA[Basking after an impressive quarter, American Express Co. (AXP) (AmEx) announced its intention of buying back shares worth $5 billion within two years, besides initiating about an 11% hike in its regular dividend to 20 cents from the prior 18 cents. The resolution of a hefty buyback and dividend hike comes after the US Federal Reserve (Fed) passed most of the banks in the annual capital stress-test yesterday, with flying colours. Accordingly, the Fed appeared satisfied about the capital requirement and holding of most of the top banks in the US such as AmEx, JP Morgan Chase &#38;Co. (JPM), Morgan Stanley (MS), Bank of America Corp. (BAC), Goldman Sachs Group Inc. (GS), Bank of New York Mellon Corp. (BK), State Street Corp. (STT), BB&#38;T Corp. (BBT), U.S.Bancorp. (USB) and Wells ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/14/axp-american-express-announces-5-billion-share-buyback/95231/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for March 12, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/03/13/xlf-stock-market-news-for-march-12-2012-market-news/94788</link>
		<comments>http://www.stockbloghub.com/2012/03/13/xlf-stock-market-news-for-march-12-2012-market-news/94788#comments</comments>
		<pubDate>Tue, 13 Mar 2012 18:35:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Consumer Discret Select Sector SPDR]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LOW]]></category>
		<category><![CDATA[Lowe's Companies Inc.]]></category>
		<category><![CDATA[M]]></category>
		<category><![CDATA[Macy's Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Target Corporation]]></category>
		<category><![CDATA[TGT]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wal-Mart Stores Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WMT]]></category>
		<category><![CDATA[XLF]]></category>
		<category><![CDATA[XLY]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94788</guid>
		<description><![CDATA[Markets ended modestly higher on Friday buoyed by positive data on the jobs market. On the third anniversary of the stocks’ lowest point during the Great recession, investors drew optimism from reports of an improving economy. However, benchmarks came down from morning highs as a concerns over “credit event” in Greece somewhat weighed on sentiments. Alongside, the week saw the benchmarks’ worst fall of 2012, but that did not stop the majority of benchmarks from closing in the green. The Dow Jones Industrial Average (DJI) ended 0.1% higher at 12,922.02. The Standard &#38; Poor 500 (S&#38;P 500) moved up to 1,370.87, registering gains of 0.4%. The tech-laden Nasdaq Composite Index jumped 0.6% and finished Friday’s trading session at 2,988.34. The fear-gauge CBOE Volatility Index (VIX) lost 4.7% and settled at ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/13/xlf-stock-market-news-for-march-12-2012-market-news/94788/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ETFC) E*TRADE Financial Doubles CEO&#8217;s Pay Package</title>
		<link>http://www.stockbloghub.com/2012/03/13/etfc-etrade-financial-doubles-ceos-pay-package/94878</link>
		<comments>http://www.stockbloghub.com/2012/03/13/etfc-etrade-financial-doubles-ceos-pay-package/94878#comments</comments>
		<pubDate>Tue, 13 Mar 2012 18:34:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Investment Brokerage - National]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[E*TRADE Financial Corporation]]></category>
		<category><![CDATA[ETFC]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>

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

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94251</guid>
		<description><![CDATA[It has been over a year since Bank of America Corporation (BAC) has been testing its new fee structure in the states of Arizona, Massachusetts and Georgia. In this context, on Thursday, The Wall Street Journal reported that BofA is planning to impose these fees on its customers. According to the company, there has been no decision as to how or when these fees would be introduced on new accounts. According to the source, BofA is considering raising monthly fees on checking accounts. The company is planning to charge $6-$9 per month on basic checking accounts. Apart from this, the company is also mulling monthly fee in the range of $9-$25 on other checking accounts. However, customers need not worry as there are certain ways to avoid these fees. BofA ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/07/bac-bank-of-america-considering-new-fees-again/94251/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(FITB) Fifth Third Bancorp Offers Senior Notes</title>
		<link>http://www.stockbloghub.com/2012/03/07/fitb-fifth-third-bancorp-offers-senior-notes/94390</link>
		<comments>http://www.stockbloghub.com/2012/03/07/fitb-fifth-third-bancorp-offers-senior-notes/94390#comments</comments>
		<pubDate>Wed, 07 Mar 2012 17:15:36 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Regional - Midwest Banks]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></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[USA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94390</guid>
		<description><![CDATA[Last Friday, Fifth Third Bancorp (FITB) announced the public offering of its senior notes worth $500 million. The 10-year senior notes bear a coupon rate of 3.5% and were sold at 99.306% of the principal amount. Fifth Third expects the offering to complete on March 7, 2012, subject to customary closing conditions. The joint book-running managers for the offering are Deutsche Bank Securities Inc., a unit of Deutsche Bank AG (DB), J.P. Morgan Securities LLC a division of JPMorgan Chase &#38; Co. (JPM), and Morgan Stanley &#38; Co. LLC, a part of Morgan Stanley (MS). Senior co-managers for the offering are Fifth Third Securities, Inc. and Credit Suisse Securities (USA) LLC. The notes for the offering are senior unsecured obligations of Fifth Third and are assigned an &#8216;A-&#8217; by Fitch ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/07/fitb-fifth-third-bancorp-offers-senior-notes/94390/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(JPM) Steady Drop in Problem Bank List</title>
		<link>http://www.stockbloghub.com/2012/03/06/jpm-steady-drop-in-problem-bank-list/94371</link>
		<comments>http://www.stockbloghub.com/2012/03/06/jpm-steady-drop-in-problem-bank-list/94371#comments</comments>
		<pubDate>Tue, 06 Mar 2012 21:59:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94371</guid>
		<description><![CDATA[Is the banking industry gradually coming out of the woods? Would it be right to say that there has been no improvement? The steady decline in Federal Deposit Insurance Corporation’s (FDIC) list of problem banks is a strong positive signal for the industry and the country as a whole. The number of banks on FDIC’s list of problem institutions saw a sharp decline for the third straight quarter to 813 in the October-December period from 844 in the preceding sequential period, federal regulators reported last week. As of the end of 2010, there were 884 banks in the problem list. Things looked a lot brighter in the fourth quarter given the drop in the problem list and strong growth in profit earned by FDIC insured banks for the 10th quarter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/06/jpm-steady-drop-in-problem-bank-list/94371/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) The Goldman Sachs Group to Buy Ariel Reinsurance</title>
		<link>http://www.stockbloghub.com/2012/03/06/gs-the-goldman-sachs-group-to-buy-ariel-reinsurance/94376</link>
		<comments>http://www.stockbloghub.com/2012/03/06/gs-the-goldman-sachs-group-to-buy-ariel-reinsurance/94376#comments</comments>
		<pubDate>Tue, 06 Mar 2012 21:38:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

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

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

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

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

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93747</guid>
		<description><![CDATA[Domestic housing data, which came in better-than-expected, combined with a drop in crude prices, helped the markets close narrowly higher on Monday. The S&#38;P 500 hit its highest level since pre-recessionary days in May 2008 as it touched an intra-day high of 1,370.89. However, the Dow dropped marginally, prevented investors from seeing it settle above 13, 000. The Dow Jones Industrial Average (DJI) closed merely 0.01% lower at 12,981.51. The Standard &#38; Poor 500 (S&#38;P 500) edged up 0.1% and closed narrowly higher at 1,367.59. The Nasdaq Composite Index gained 0.1% and closed yesterday’s trading session at 2,966.16. The fear-gauge CBOE Volatility Index gained 515 and settled at 18.19. Consolidated volumes on the New York Stock Exchange, NYSE Amex and Nasdaq were 6.3 billion shares, which was lower than the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/28/xlf-stock-market-news-for-february-28-2012-market-news/93747/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<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>(XLF) Stock Market News for February 21, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/02/22/xlf-stock-market-news-for-february-21-2012-market-news/92011</link>
		<comments>http://www.stockbloghub.com/2012/02/22/xlf-stock-market-news-for-february-21-2012-market-news/92011#comments</comments>
		<pubDate>Wed, 22 Feb 2012 18:45:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92011</guid>
		<description><![CDATA[Markets struggled for direction on Friday with few inputs from the news desk, but the prospect of a Greek deal next week enabled benchmarks to extend their gains to the highest levels this year. Cross-Atlantic developments had guided the markets on most of the days the week, while robust economic data single-handedly boosted the markets on Thursday. Thus, it was another week of strong gains for the benchmarks, and the Dow was just marginally short of the 13, 000 mark. On Friday, the Dow Jones Industrial Average (DJI) gained 0.4% to close the day at 12,949.87. The Standard &#38; Poor 500 (S&#38;P 500) edged up 0.2% to close marginally higher at 1,361.23. The tech-laden Nasdaq Composite Index was the only one to miss out; dropping 0.4% to close Friday’s trading ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/22/xlf-stock-market-news-for-february-21-2012-market-news/92011/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Goldman Sachs Analyst Upgrades Shares to Neutral</title>
		<link>http://www.stockbloghub.com/2012/02/18/gs-goldman-sachs-analyst-upgrades-shares-to-neutral-2/91775</link>
		<comments>http://www.stockbloghub.com/2012/02/18/gs-goldman-sachs-analyst-upgrades-shares-to-neutral-2/91775#comments</comments>
		<pubDate>Sun, 19 Feb 2012 03:43:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91775</guid>
		<description><![CDATA[We have upgraded our recommendation on The Goldman Sachs Group Inc. (GS) to Neutral from Underperform. The upgraded recommendation is based on the company’s recent expansions to generate revenue growth, coupled with targeted cost reduction initiatives. Goldman is on a buying spree. The company has agreed to purchase a 4.8% stake in Mongolia’s Trade and Development Bank. The terms of the deal were not disclosed. Goldman’s stake purchase in the Mongolian bank indicates its plan to gain exposure in the Mongolian economy, whose growth is stimulated by the developing resources of the country. Furthermore, the company announced its plan to purchase Vermont-based Dwight Asset Management Company. The deal, whose terms are still undisclosed, is expected to close in the second quarter of 2012. The completion of the acquisition would help ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) China Approves Citigroup&#8217;s Credit Card Business</title>
		<link>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485</link>
		<comments>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485#comments</comments>
		<pubDate>Thu, 16 Feb 2012 20:03:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91485</guid>
		<description><![CDATA[Citigroup Inc. (C) will launch its own credit card business in China. Its Chinese subsidiary Citibank (China) Co. Ltd. has received approval from the China Banking Regulatory Commission. The company will launch both retail and commercial cards before the end of this year. This marks a landmark for Citigroup &#8211; the first U.S.-based bank to introduce its own credit card in China. Prior to 2008, foreign companies were only allowed to issue credit cards in collaboration with local companies. Regulators have been slow in approving foreign companies’ direct participation in this business and currently only Hong Kong-based Bank of East Asia is permitted to issue credit cards in mainland China. Citi currently has a co-branded credit card business in China with Shanghai Pudong Development Bank. This credit card venture started ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/16/c-china-oks-citigroup-credit-card-business/91485/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(JPM) Twin Bank Failures &#8211; U.S. 2012 Tally Hits Nine</title>
		<link>http://www.stockbloghub.com/2012/02/15/jpm-twin-bank-failures-u-s-2012-tally-hits-nine/91632</link>
		<comments>http://www.stockbloghub.com/2012/02/15/jpm-twin-bank-failures-u-s-2012-tally-hits-nine/91632#comments</comments>
		<pubDate>Wed, 15 Feb 2012 17:37:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91632</guid>
		<description><![CDATA[After a week’s let-up, U.S. regulators were back in action last Friday, shuttering two more banks in Illinois and Indiana. This brings the total number of bank failures to 9 so far in 2012, following 92 in 2011, 157 in 2010, 140 in 2009 and 25 in 2008. While the financials of a few large banks continue to stabilize on the back of an economic recovery, the industry is still on shaky ground. The sector presents a picture similar to that of 2011, with nagging issues like depressed home prices along with still-high loan defaults and unemployment levels troubling such institutions. Lingering economic uncertainly and its effects also weigh on many banks. The need to absorb bad loans offered during the credit explosion has made these banks susceptible to severe ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/15/jpm-twin-bank-failures-u-s-2012-tally-hits-nine/91632/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(BAC) Bank of America Subpoenaed for Collateralized Loan Obligations Inquiry</title>
		<link>http://www.stockbloghub.com/2012/02/14/bac-bank-of-america-subpoenaed-for-collateralized-loan-obligations-inquiry/91641</link>
		<comments>http://www.stockbloghub.com/2012/02/14/bac-bank-of-america-subpoenaed-for-collateralized-loan-obligations-inquiry/91641#comments</comments>
		<pubDate>Tue, 14 Feb 2012 16:43:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

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

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

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

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91448</guid>
		<description><![CDATA[Yesterday, the federal judge in Manhattan ordered Bank of America Corporation (BAC) to deal with a shareholders’ class-action lawsuit. The lawsuit accused BofA along with some of its senior managers and directors of misleading investors about the takeover of Merrill Lynch &#38; Co. as well as the amount of Merrill&#8217;s losses and bonus payouts in 2008. The shareholders of BofA filed a lawsuit against the company in federal court in Manhattan in 2009. They claimed that it has concealed information about bonuses to Merrill employees and also kept secret the financial losses suffered in the fourth quarter of 2008. The complaint lodged claims that BofA deceptively misrepresented the facts by providing materially misleading statements. Moreover, BofA was forced in January 2009 to take a second bailout from the federal Troubled ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/08/bac-class-action-suit-against-bank-of-america/91448/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for February 7, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397</link>
		<comments>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397#comments</comments>
		<pubDate>Tue, 07 Feb 2012 18:39:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Materials Select Sector SPDR]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[X]]></category>
		<category><![CDATA[XLB]]></category>
		<category><![CDATA[XLF]]></category>

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