All Posts Tagged With: "USB"
(JPM) 2012 U.S. Bank Failures Number Three
After a month’s pause, U.S. regulators were back in action, shuttering three small banks in Georgia, Florida and Pennsylvania last Friday. These 3 represent the first bank failures of 2012 following 92 in 2011, 157 in 2010, 140 in 2009 and 25 in 2008. While the financials of...
24Jan2012 | vitalstocks | 0 comments | Continued(GS) Earnings Season Hits Full Throttle
Germany paid the lowest interest rate in its history in a two-year bond auction this morning, even as the country lowered its economic growth outlook for 2012. The World Bank also came out with a lowered growth outlook for the global economy this year, but there is hardly anything...
18Jan2012 | vitalstocks | 0 comments | Continued(MCBI) U.S. Banking Industry Stock Outlook – January 2012 – Industry Outlook
The recurrence of the intimidating 2008 meltdown is not expected for the U.S. banking industry in 2012 as the financial institutions are actively responding to every legal and regulatory pressure. In fact, this promptness has positioned the banks well to encounter impending challenges. However,...
14Jan2012 | vitalstocks | 0 comments | Continued(MCBI) U.S. Banks Stock Outlook – January 2011 – Zacks Analyst Interviews
The recurrence of the intimidating 2008 meltdown is not expected for the U.S. banking industry in 2012 as the financial institutions are actively responding to every legal and regulatory pressure. In fact, this promptness has positioned the banks well to encounter impending challenges. However,...
13Jan2012 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for January 9, 2012 – Market News
The fact that the US unemployment rate has dropped to its lowest level since February 2009 failed to spark a rally on Friday. European concerns weighed on sentiment to drag the benchmarks marginally lower. However, the first week of 2012 ended on a positive note amidst a slew...
9Jan2012 | vitalstocks | 0 comments | Continued(BBT) Standard & Poor’s Revises Regional Bank Ratings
In yet another round of credit ratings revision, Standard & Poor’s (S&P) announced changes in credit ratings for 31 regional banks. The list includes 28 publicly traded parent company banks, a non-public entity Bank of North Dakota and a couple of North American...
7Dec2011 | vitalstocks | 0 comments | Continued(JPM) FDIC Problem Bank List Shrinks – Earnings Soar
The number of banks on the Federal Deposit Insurance Corporation’s (FDIC) list of problem institutions saw a sharp decline for the second straight quarter to 844 in the July-September period from 865 in the preceding sequential period, federal regulators reported Tuesday. This...
28Nov2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Bank Failures in 2011 Reach 90
U.S. regulators continue to shutter banks. Last Friday saw the closing down of one bank in Iowa and another in Louisiana. The twin closure takes the total number of U.S. bank failures to 90 so far in 2011, following 157 in 2010, 140 in 2009 and 25 in 2008. While the financials...
22Nov2011 | vitalstocks | 0 comments | Continued(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very...
17Oct2011 | vitalstocks | 0 comments | Continued(XLF) Stock Market News for October 10, 2011 – Market News
Markets slipped modestly lower on Friday after the downgrade of Italy and Spain’s debt ratings overshadowed encouraging nonfarm payroll data. The Dow snapped its three-day winning streak, but the benchmarks ended with gains for the week spurred on by hopes of a resolution to...
10Oct2011 | vitalstocks | 0 comments | Continued(JPM) U.S. FDIC Announces Two Bank Failures – Takes Count to 73 in 2011
After a week’s pause, U.S. regulators were back in action. The sector saw a couple of banks topple in Virginia and California last week. This brings the total number of U.S. bank failures to 73 so far in 2011, following 157 in 2010, 140 in 2009 and 25 in 2008. While the financials...
27Sep2011 | vitalstocks | 0 comments | Continued(JPM) U.S. 2011 Bank Failures Hits 71 – Florida Bank Fails
Last Friday, U.S. regulators shuttered The First National Bank of Florida, taking the number of failed banks thus far in 2011 to 71. This follows 157 bank failures in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing on the back of an...
15Sep2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Bank Failures Reach 70 So Far in 2011
After a week’s pause, U.S. regulators were back in action, shuttering two more banks in Georgia. This brings the total number of U.S. bank failures to 70 so far in 2011, following 157 in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing...
12Sep2011 | vitalstocks | 0 comments | Continued(AIG) American International Group Offers Notes Worth $2 Billion
Yesterday, American International Group Inc. (AIG) vended off senior unsecured floating-rate notes worth $2.0 billion in a two-part offering. Accordingly, one part of senior unsecured notes is valued at $1.2 billion. These notes were issued at a price of $99.448 and dated to...
11Sep2011 | vitalstocks | 0 comments | Continued(BAC) Stock Market News for September 8, 2011 – Market News
Markets snapped a three-day losing streak on Wednesday, as investors were boosted by Germany’s support for the euro-zone bailout and eagerly await President Barack Obama’s new job plans. Additionally, the Federal Reserve’s Beige Book reported an improvement in economic...
8Sep2011 | vitalstocks | 0 comments | Continued(JPM) Federal Deposit Insurance Corporation Announces Fewer Banks on Problem List
The number of banks on the Federal Deposit Insurance Corporation’s (FDIC) list of problem institutions saw a sharp decline to 865 in the second quarter from 888 in the sequentially preceding period, the agency said in its quarterly report on the health of the nation’s...
26Aug2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for August 25, 2011 – Market News
The wild swing of the markets finally came to a halt after a strong rally in the final session pushed the benchmarks higher. Investor sentiment was boosted by positive durable-goods orders and investors rushed in to buy beaten-down financial stocks. Markets posted their third-straight...
25Aug2011 | vitalstocks | 0 comments | Continued(FMCC) U.S. Banks Stock Outlook – Aug. 2011 – Industry Outlook
Whatever be the impending economic state, U.S. banks — the lifeblood of the economy — are actively responding to every legal and regulatory pressure. In fact, this prompt responsiveness has positioned the banks well to encounter upcoming challenges. Along with improving...
11Aug2011 | vitalstocks | 0 comments | Continued(BAC) Investigating The Decline of U.S. Retail Banks
by Justin Dove, Investment U Research Tuesday, August 9, 2011 There was a time when a trip to the bank would take quite awhile. Friday payday lines were sometimes unbearable. Banks even stocked lollipops to keep restless children quiet during the long waits. Skip to 2011 and...
10Aug2011 | InvestmentU | 0 comments | Continued(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall...
18Jul2011 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for June 30, 2011 – Market News
On Wednesday, markets enjoyed their best three-day winning streak in three months as investor sentiment was boosted by news that the Greek austerity plan had been approved by the nation’s lawmakers. This would not only enable Greece avoid a debt default but would also help...
30Jun2011 | vitalstocks | 0 comments | Continued(FITB) Fifth Third Bancorp Analyst Stays Neutral
We have reiterated our Neutral recommendation on Fifth Third Bancorp (FITB) following a detailed analysis of the company’s fundamentals, strengths and weaknesses in the context of the current economic environment. Fifth Third’s first quarter 2011 earnings of 10 cents per...
29Jun2011 | vitalstocks | 0 comments | Continued(AAPL) Stock Market News for June 28, 2011 – Market News
On Monday, markets ended their three-day losing streak and were on course for a finish in the green, driven by financial and technology shares as well as optimism over the Greek austerity plan. Global banking regulators raised capital requirements for banks by a lesser than expected...
28Jun2011 | vitalstocks | 0 comments | Continued(JPM) U.S Reports Another Bank Failure – 2011 Tally Hits 48
Last Friday, U.S. regulators shuttered Clayton, Georgia-based Mountain Heritage Bank, taking the number of failed banks thus far in 2011 to 48. This follows 157 bank failures in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing on the...
27Jun2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Bank Failures Tally Hits 47 in 2011
After a week’s pause, U.S. regulators were back in action, shuttering two more banks in Georgia and Florida. These pushed the number of failed U.S. banks to 47 so far in 2011. Looking back, there were 157 bank failures in 2010, 140 in 2009 and 25 in 2008. While the financials...
20Jun2011 | vitalstocks | 0 comments | Continued(XLF) Stock Market News for June 17, 2011 – Market News
Except the Nasdaq, all the benchmarks closed higher on Thursday as investor sentiment was somewhat lifted by economic reports. However, concerns about Greece’s debt situation kept gains in check. The gains made during a volatile trading session were also attributable to the...
17Jun2011 | vitalstocks | 0 comments | Continued(BAC) Federal Reserve Requires More Stress Tests
The Federal Reserve requires more banks to submit their capital plans annually to prove their financial ability to confront another recession. The Federal Reserve will also hold the right to ban capital deployment activities of unsuccessful banks. This is part of Federal Reserve’s...
15Jun2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Bank Failures in 2011 Move to 45
Last Friday, U.S. regulators shuttered Charleston, South Carolina-based Atlantic Bank and Trust, taking the number of failed banks thus far in 2011 to 45. This follows 157 bank failures in 2010, 140 in 2009 and 25 in 2008. While the financials of bigger banks have been stabilizing...
7Jun2011 | vitalstocks | 0 comments | Continued(PCE) Stock Market News for May 31, 2011 – Market News
Investor sentiment was bolstered on Friday, as gas prices eased off and economic data struck a positive note. However, the modest gains ahead of the Memorial Day holiday were not strong enough to prevent a fourth consecutive week of losses for the indices. The Dow Jones Industrial...
31May2011 | vitalstocks | 0 comments | Continued(JPM) Federal Deposit Insurance Corporation’s Problem Institutions List Increases to 888
The number of banks on the Federal Deposit Insurance Corporation’s (FDIC) list of problem institutions saw a marginal increase to 888 in the first quarter from 884 in the previous, the agency said on Tuesday. This is the highest number since March 31, 1993, when there were...
29May2011 | vitalstocks | 0 comments | Continued