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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=100720</guid>
		<description><![CDATA[In a surprising turn of events, JPMorgan Chase &#38; Co.’s (JPM) CEO announced the suspension of the company’s $15 billion share repurchase program. The announcement was made at the Deutsche Bank Securities Global Financial Services Investor Conference in New York on Monday. The primary reason for the halt was the fact that it does not want any glitches in the plans to meet the Basel III capital requirements. JPMorgan would re-start the program once it is able to rebuild the capital it lost as a result of the $2 billion trading loss, which it incurred in the first six weeks of the current quarter. On May 10, JPMorgan had announced that it incurred substantial losses in an index of credit default swap (a type of derivative), which was supposed to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/05/22/jpm-jpmorgan-chase-company-halts-share-buyback/100720/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(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>(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>(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>(BAC) Bank of America Looks to Sell Assets Again</title>
		<link>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970</link>
		<comments>http://www.stockbloghub.com/2012/04/18/bac-bank-of-america-looks-to-sell-assets-again/98970#comments</comments>
		<pubDate>Thu, 19 Apr 2012 02:12:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[American Community Properties Trust]]></category>
		<category><![CDATA[APO]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98640</guid>
		<description><![CDATA[Fears of a global financial slowdown, sparked off by worrying news from Europe and China, battered the markets down on Friday resulting in the benchmarks’ worst week this year. None of the 10 industry groups of S&#38;P 500 could muster a finish in the green, and the index suffered its first set of consecutive declines since November last year. The Dow Jones Industrial Average (DJI) plunged 1.2% to settle at 12,849.59. The Standard &#38; Poor 500 (S&#38;P 500) slumped 1.3% to finish Friday’s trading session at 1,370.26. The tech-laden Nasdaq Composite Index crashed to 3,011.33, after losing 1.5%. The fear-gauge CBOE Volatility Index (VIX) soared 13.7% to close at 19.55. Consolidated volumes on the New York Stock Exchange, the American Stock Exchange and Nasdaq remained low at roughly 6.07 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/16/gdp-stock-market-news-for-april-16-2012-market-news/98640/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(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>
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		<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>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/10/pnc-pnc-financial-services-group-hikes-dividend-announces-share-buyback/98107/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(C) Citigroup Analyst Lowers Shares to Underperform</title>
		<link>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107</link>
		<comments>http://www.stockbloghub.com/2012/04/09/c-citigroup-analyst-lowers-shares-to-underperform/96107#comments</comments>
		<pubDate>Mon, 09 Apr 2012 18:04:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[STI]]></category>
		<category><![CDATA[SunTrust Banks Inc.]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97940</guid>
		<description><![CDATA[Morgan Stanley (MS) is facing the Federal Reserve’s fury. According to a Reuters report, the Fed plans to fine Morgan Stanley on grounds of misconduct and negligence in handling foreclosures by one of its mortgage servicing units. The mortgage servicing unit in question is Saxon Mortgage Services Inc. While Morgan Stanley agreed to sell this unit to Ocwen Financial Corp in October 2011 and closed the deal recently, the Fed pointed at this unit’s behavior with respect to foreclosures between 2009 and 2010. According to Fed allegations, this particular unit of Morgan Stanley completed foreclosures without properly verifying the documents. Moreover, according to Fed, the company was also in dearth of adequate staff and resources for handling an increased flow of foreclosures during that period. While Fed has not revealed ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/09/ms-morgan-stanley-faces-federal-reserve-fury/97940/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(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>(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>(AIG) Lehman Brothers Exits Bankruptcy: Good Days Ahead?</title>
		<link>http://www.stockbloghub.com/2012/03/23/aig-lehman-brothers-exits-bankruptcy-good-days-ahead/96312</link>
		<comments>http://www.stockbloghub.com/2012/03/23/aig-lehman-brothers-exits-bankruptcy-good-days-ahead/96312#comments</comments>
		<pubDate>Fri, 23 Mar 2012 19:06:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Property & Casualty Insurance]]></category>
		<category><![CDATA[AIG]]></category>
		<category><![CDATA[American International Group Inc]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[NMR]]></category>
		<category><![CDATA[Nomura Holdings Inc]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=96312</guid>
		<description><![CDATA[The Big News: Disgraced investment banking giant Lehman Brothers, which was first in line among the Wall Street’s bellwethers to collapse, announced its emergence from bankruptcy earlier this month. The Immediate Question: Is this an indication of strong economic recovery? The Answer (According to us): The collapse of Lehman was the starting point of the recession. On that count, a hopeful mind might believe that its revival should accelerate the pace of economic recovery. However, the equation is not so simple. We believe the lingering fundamental challenges will not allow the economic growth to return to its pre-recession level anytime soon. Fall of Lehman &#38; the Weary Banks Turning back the pages, Lehman once boasted being the fourth-largest investment bank in the U.S. with operations in more than 40 countries ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/23/aig-lehman-brothers-exits-bankruptcy-good-days-ahead/96312/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(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>(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>(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>(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>(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>(BAC) Bank of America Settlement Case in State Court</title>
		<link>http://www.stockbloghub.com/2012/02/29/bac-bank-of-america-settlement-case-in-state-court/93812</link>
		<comments>http://www.stockbloghub.com/2012/02/29/bac-bank-of-america-settlement-case-in-state-court/93812#comments</comments>
		<pubDate>Wed, 29 Feb 2012 17:44:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[BlackRock Inc.]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93747</guid>
		<description><![CDATA[Domestic housing data, which came in better-than-expected, combined with a drop in crude prices, helped the markets close narrowly higher on Monday. The S&#38;P 500 hit its highest level since pre-recessionary days in May 2008 as it touched an intra-day high of 1,370.89. However, the Dow dropped marginally, prevented investors from seeing it settle above 13, 000. The Dow Jones Industrial Average (DJI) closed merely 0.01% lower at 12,981.51. The Standard &#38; Poor 500 (S&#38;P 500) edged up 0.1% and closed narrowly higher at 1,367.59. The Nasdaq Composite Index gained 0.1% and closed yesterday’s trading session at 2,966.16. The fear-gauge CBOE Volatility Index gained 515 and settled at 18.19. Consolidated volumes on the New York Stock Exchange, NYSE Amex and Nasdaq were 6.3 billion shares, which was lower than the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/28/xlf-stock-market-news-for-february-28-2012-market-news/93747/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(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>(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>(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>(XLF) Stock Market News for February 7, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397</link>
		<comments>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397#comments</comments>
		<pubDate>Tue, 07 Feb 2012 18:39:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[American Express Company]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[AXP]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Materials Select Sector SPDR]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[X]]></category>
		<category><![CDATA[XLB]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=91397</guid>
		<description><![CDATA[After the European leaders urged Greece to adhere to new austerity measures in order to receive the next installment of its bailout package, debt woes returned to the forefront and US markets dropped a few points. Even though markets receded from t multi-year highs, benchmarks recouped most of their losses by the end of the day and settled marginally lower. The Dow Jones Industrial Average (DJI) dropped 0.1% to finish the day at 12,845.13. The Standard &#38; Poor 500 (S&#38;P 500) edged down 0.04% and signed off yesterday’s trading session virtually unchanged at 1,344.33. The tech-laden Nasdaq Compoiste Index was down to 2,901.99, shedding a mere 0.1%. The fear-gauge CBOE Volatility Index (VIX) gained 3.9% to settle at 17.76. Consolidated volumes on the New York Stock Exchange, the American Stock ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/07/xlf-stock-market-news-for-february-7-2012-market-news/91397/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Banking on a Turnaround? &#8211; Investment Ideas</title>
		<link>http://www.stockbloghub.com/2012/01/21/gs-banking-on-a-turnaround-investment-ideas/90584</link>
		<comments>http://www.stockbloghub.com/2012/01/21/gs-banking-on-a-turnaround-investment-ideas/90584#comments</comments>
		<pubDate>Sat, 21 Jan 2012 20:38:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MTB]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90584</guid>
		<description><![CDATA[Can we really have a rally without the financials? Earnings have been mixed for the financials. Let’s take a deeper look at the players in each segment and see if we can’t come to a consensus as to whether or not a rally can be supported. The Zacks Rank for most of these banks is a #3 Rank (Hold) with only Goldman Sachs (GS) having a Zanks #5 Rank (Strong Sell). Investment Banks The capital markets have been weak, especially with the “IPO window” getting slammed shut around the time that Groupon was looking to make its public offering. Goldman Sachs (GS) beat on the bottom line but missed on the top line and saw revenues decline 30% year over year. The beat was the result of significant cost cutting. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/21/gs-banking-on-a-turnaround-investment-ideas/90584/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BAC) Stock Market News for January 18, 2012 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2012/01/18/bac-stock-market-news-for-january-18-2012-market-news/90417</link>
		<comments>http://www.stockbloghub.com/2012/01/18/bac-stock-market-news-for-january-18-2012-market-news/90417#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:42:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Carnival Corporation]]></category>
		<category><![CDATA[CCL]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
		<category><![CDATA[FITB]]></category>
		<category><![CDATA[ICE]]></category>
		<category><![CDATA[Intercontinental Exchange]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[KFT]]></category>
		<category><![CDATA[Kraft Foods Inc.]]></category>
		<category><![CDATA[MET]]></category>
		<category><![CDATA[MetLife Inc.]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[Sears Holdings Corporation]]></category>
		<category><![CDATA[SHLD]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90417</guid>
		<description><![CDATA[The major US indices registered gains to close in the green after a slew of positive economic reports were released at home and in China. A successful debt auction in Europe added to the cheer. However, the gains were limited, as investors’ sentiments were dampened after the banking sector incurred losses following disappointing earnings figures from Citigroup. The Dow Jones Industrial Average (DJI) gained 0.5% to settle at 12,482.07. The blue chip index’s major decliner was JP Morgan (NYSE:JPM) which fell by 2.81% after the banking giant reported uninspiring quarterly earnings results. The Standard &#38; Poor 500 (S&#38;P 500) posted gains of 0.4% and closed yesterday’s trading session at 1,293.67 before touching the psychological level of 1,300 earlier during the day. Energy sector stocks gained the most. The tech laden ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/18/bac-stock-market-news-for-january-18-2012-market-news/90417/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) Earnings Season Hits Full Throttle</title>
		<link>http://www.stockbloghub.com/2012/01/18/gs-earnings-season-hits-full-throttle/90420</link>
		<comments>http://www.stockbloghub.com/2012/01/18/gs-earnings-season-hits-full-throttle/90420#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:41:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EBAY]]></category>
		<category><![CDATA[eBay Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Northern Trust Corporation]]></category>
		<category><![CDATA[NTRS]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[State Street Corporation]]></category>
		<category><![CDATA[STT]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90420</guid>
		<description><![CDATA[Germany paid the lowest interest rate in its history in a  two-year bond auction this morning, even as the country lowered its economic growth outlook for 2012. The World Bank also came out with a lowered growth outlook for the global economy this year, but there is hardly anything newsy there as the markets have been sizing up these growth questions for awhile now. On the domestic economic front, we have the PPI and Industrial Production reports on deck, but the focus today will be on the busy earnings calendar. The most important earnings report this morning is from Goldman Sachs (GS), which came out with an earnings beat, though its revenue numbers missed expectations. Earnings estimates for the Wall Street titan had come down significantly in recent weeks to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/18/gs-earnings-season-hits-full-throttle/90420/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MS) Morgan Stanley Analyst Maintains Underperform on Shares</title>
		<link>http://www.stockbloghub.com/2012/01/14/ms-morgan-stanley-analyst-maintains-underperform-on-shares/90044</link>
		<comments>http://www.stockbloghub.com/2012/01/14/ms-morgan-stanley-analyst-maintains-underperform-on-shares/90044#comments</comments>
		<pubDate>Sat, 14 Jan 2012 18:32:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90044</guid>
		<description><![CDATA[We are reiterating our long-term Underperform recommendation on Morgan Stanley (MS). Though the company’s third-quarter results were significantly ahead of the Zacks Consensus Estimate, there are concerns regarding its financials being marred by various new regulatory requirements, elevated operating expenses and intense pricing competition. However, the company’s restructuring initiatives along with its organic and inorganic growth strategies continue to be significant growth drivers. Elevated operating expenses remain a major cause of concern for Morgan Stanley. In December 2011, in order to bring down costs and stabilize revenue growth, the company announced its plan to trim down its workforce in the first quarter of 2012. However, we do not expect this initiative to fully control the cost as the company continues to invest in its franchise. As Standard &#38; Poor&#8217;s (S&#38;P) ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/14/ms-morgan-stanley-analyst-maintains-underperform-on-shares/90044/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) JPMorgan Delivers Unlikely Friday the 13th Report</title>
		<link>http://www.stockbloghub.com/2012/01/13/jpm-jpmorgan-delivers-unlikely-friday-the-13th-report/90155</link>
		<comments>http://www.stockbloghub.com/2012/01/13/jpm-jpmorgan-delivers-unlikely-friday-the-13th-report/90155#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:08:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[DAL]]></category>
		<category><![CDATA[Delta Air Lines Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LCC]]></category>
		<category><![CDATA[US Airways Group Inc.]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90155</guid>
		<description><![CDATA[Stocks will find it difficult to sustain their upward drift of recent days in the face of lackluster results from banking bellwether JP Morgan (JPM) and the absence of anything meaningful on the economic calendar. This morning’s bigger-than-expected November Trade Deficit number, though not a market-moving release, adds to the negative headlines. An outsized gain in the University of Michigan Consumer Sentiment Index, on deck for release a little later, could potentially help lift sentiment. But the overall tone of today’s trading action will likely remain subdued given investors’ evaluation of the fourth quarter reporting season in light of the JP Morgan news. The headlines from across the pond remain non-threatening for another day, though overnight deposits at the European Central Bank (ECB) have hit another new all-time high. Banks have been ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/jpm-jpmorgan-delivers-unlikely-friday-the-13th-report/90155/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MS) Morgan Stanley to Delete Jobs in New York</title>
		<link>http://www.stockbloghub.com/2011/12/31/ms-morgan-stanley-to-delete-jobs-in-new-york/89442</link>
		<comments>http://www.stockbloghub.com/2011/12/31/ms-morgan-stanley-to-delete-jobs-in-new-york/89442#comments</comments>
		<pubDate>Sat, 31 Dec 2011 23:06:45 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Investments]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89442</guid>
		<description><![CDATA[According to a state filing, Morgan Stanley (MS) intends to lay off 580 workers in New York State due to economic reasons. The company started trimming its workforce since the middle of December on a rolling basis, abide by the Worker Adjustment and Retraining Notification (WARN). The State Department of Labor made The New York State Workers Adjustment and Retraining Notification Act, also known as the WARN Act, effective on February 1, 2009. Under the provisions of the law, New York-based companies having 50 or more workers in New York State are required to give 90 days notice to the State if they are planning to reduce local workforce. Further, the law requires prior notices for plant closing, large layoff, relocation, or reduction in working hours. Morgan Stanley&#8217;s New York ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/31/ms-morgan-stanley-to-delete-jobs-in-new-york/89442/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PMI) European Central Bank Tries Quenching Thirsty Banks</title>
		<link>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159</link>
		<comments>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159#comments</comments>
		<pubDate>Sat, 24 Dec 2011 16:27:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Surety & Title Insurance]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[PMI]]></category>
		<category><![CDATA[PMI Group Inc.]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89159</guid>
		<description><![CDATA[The European Central Bank (ECB) has been overwhelmed by the rush for cheap three-year loans. The demand for these loans has far exceeded expectations &#8212; a fact that underscores the difficult times the banking system is going through. A system whose raw material is money has been facing severe liquidity constraints in the wake of the crisis in Europe. Given the scale of the crisis and debts maturing in 2012, the system could well do with a few more liquidity shots of this nature. According to the BBC, ECB advanced around 490 billion euro as opposed to 450 billion euro it had hoped would go off the counters. In its December Bulletin, the ECB had proposed a non-standard monetary measure of extending a 36-month refinancing line to euro-area banks in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/24/pmi-european-central-bank-tries-quenching-thirsty-banks/89159/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XLF) Stock Market News for December 23, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/12/23/xlf-stock-market-news-for-december-23-2011-market-news/89195</link>
		<comments>http://www.stockbloghub.com/2011/12/23/xlf-stock-market-news-for-december-23-2011-market-news/89195#comments</comments>
		<pubDate>Fri, 23 Dec 2011 18:56:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></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[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89195</guid>
		<description><![CDATA[Investors received a pre-Christmas gift in the form of encouraging economic data, which led the benchmarks higher on Thursday. The Dow and S&#38;P 500 registered their third-straight finish in the green, but trading volumes continued to be on the low side. The Dow Jones Industrial Average (DJIA) was up 0.5% and ended the day at 12,169.65. The Standard &#38; Poor 500 (S&#38;P 500) gained 0.8% and closed yesterday’s trading session at 1,254. The tech-laden Nasdaq Composite Index finished trading at 2,599.45, after edging up 0.8%. The fear-gauge CBOE Volatility Index (VIX) dropped 1.3% and settled at 21.16. Fortunately, the fear-gauge index has dropped to its lowest levels in many months, in an economic scenario that is highly uncertain and weighed down by lingering European debt woes. So far this week, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/23/xlf-stock-market-news-for-december-23-2011-market-news/89195/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) GMAC Exits Mortgage Loans</title>
		<link>http://www.stockbloghub.com/2011/12/21/jpm-gmac-exits-mortgage-loans/88078</link>
		<comments>http://www.stockbloghub.com/2011/12/21/jpm-gmac-exits-mortgage-loans/88078#comments</comments>
		<pubDate>Wed, 21 Dec 2011 17:42:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88078</guid>
		<description><![CDATA[On Friday, GMAC Mortgage, the mortgage origination and servicing operation of Ally Financial Inc., announced that it would stop purchasing mortgage loans from the third party in Massachusetts. However, the company would honor all its contractual obligations made as of December 5 as well as continue providing services to its existing customers. Additionally, GMAC will go on offering loans to homeowners through its direct lending unit in the state. GMAC stated that the sudden interruption in new mortgage purchases, originated by correspondent lenders and wholesale brokers, is a result of recent developments that made mortgage lending financially not feasible in Massachusetts. Another major reason behind this is, the lawsuit filed for alleged violation of foreclosure practices by the state attorney general (AG) Martha Coakley against the company and four other ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/21/jpm-gmac-exits-mortgage-loans/88078/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Fitch Has Eurozone Rating Misgivings</title>
		<link>http://www.stockbloghub.com/2011/12/20/mco-fitch-has-eurozone-rating-misgivings/88919</link>
		<comments>http://www.stockbloghub.com/2011/12/20/mco-fitch-has-eurozone-rating-misgivings/88919#comments</comments>
		<pubDate>Tue, 20 Dec 2011 18:13:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

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

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88963</guid>
		<description><![CDATA[Benchmarks moved into the red zone on Monday after European debt crisis escalated following dismal comments by European Central Bank head Mario Draghi. Adding to the gloom was a Wall Street Journal report that suggested the Federal Reserve had accepted new standards that require banking giants to hold extra capital. Banking stocks declined after the report, further dampening investor sentiment. The Dow Jones Industrial Average (DJIA) was down 0.8% to finish the day at 11,766.26. The Standard &#38; Poor 500 (S&#38;P 500) plunged 1.2% and closed the day at 1,205.35. The Nasdaq Composite Index slumped to 2,523.14, after dropping 1.3%. The fear-gauge CBOE Volatility Index rose 2.6% and settled at 24.92.  It was not a busy day on the New York Stock Exchange (NYSE) as total volume was 3.6 billion ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/20/xhb-stock-market-news-for-december-20-2011-market-news/88963/feed</wfw:commentRss>
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		<title>(JPM) Banks Face Foreclosure Charge Again</title>
		<link>http://www.stockbloghub.com/2011/12/19/jpm-banks-face-foreclosure-charge-again-2/88040</link>
		<comments>http://www.stockbloghub.com/2011/12/19/jpm-banks-face-foreclosure-charge-again-2/88040#comments</comments>
		<pubDate>Mon, 19 Dec 2011 19:51:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88040</guid>
		<description><![CDATA[In yet another major setback for the foreclosure settlement, Massachusetts Attorney General (AG) Martha Coakley filed a lawsuit against – JPMorgan Chase &#38; Co. (JPM), Bank of America Corporation (BAC), Citigroup Inc. (C), Wells Fargo &#38; Company (WFC) and Ally Financial Inc. – for alleged violation of foreclosure practices. Further, Mortgage Electronic Registration System Inc. (MERS) and its parent company have also been named as defendants. Allegations The lawsuit alleges that these five major mortgage servicers used various deceiving foreclosure practices to fast track foreclosures without properly following the rules. Some of the procedures followed by these banks included use of ‘robo-signers,’ misleading homeowners in relation to loan modification processes, utilizing flawed documents and illegally foreclosing a property. Additionally, MERS, which provides database for mortgage servicers, has been accused of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/19/jpm-banks-face-foreclosure-charge-again-2/88040/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(IMF) International Monetary Fund Sees Risks Intensifying</title>
		<link>http://www.stockbloghub.com/2011/12/19/imf-international-monetary-fund-sees-risks-intensifying/88826</link>
		<comments>http://www.stockbloghub.com/2011/12/19/imf-international-monetary-fund-sees-risks-intensifying/88826#comments</comments>
		<pubDate>Mon, 19 Dec 2011 15:51:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[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=88826</guid>
		<description><![CDATA[The International Monetary Fund (IMF) has sounded another caveat about the deepening global crisis. According to Christine Lagarde, IMF’s Managing Director, the crisis is unfolding, escalating and spreading across the world. She has even suggested that the world could see a re-run of the depression of the 1930s. The warning follows IMF’s indication earlier in the month that world growth forecast could be lowered, when the estimate is re-visited in January. The view is somewhat endorsed by the recent downward revision in the growth forecast of the Asian Development Bank (ADB) for Asia from 7.5% to 7.2% for 2012. IMF has pegged its estimate for global growth at 4% for 2012. The underlying sentiment across the world is downright bearish. Countries in Europe have been threatened with downgrades by Standard ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/19/imf-international-monetary-fund-sees-risks-intensifying/88826/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(JPM) Banks Face Foreclosure Charge Again</title>
		<link>http://www.stockbloghub.com/2011/12/15/jpm-banks-face-foreclosure-charge-again/87995</link>
		<comments>http://www.stockbloghub.com/2011/12/15/jpm-banks-face-foreclosure-charge-again/87995#comments</comments>
		<pubDate>Thu, 15 Dec 2011 17:56:52 +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[Economic Crises]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[FDIC]]></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=87995</guid>
		<description><![CDATA[In yet another major setback for the foreclosure settlement, Massachusetts Attorney General (AG) Martha Coakley filed a lawsuit against – JPMorgan Chase &#38; Co. (JPM), Bank of America Corporation (BAC), Citigroup Inc. (C), Wells Fargo &#38; Company (WFC) and Ally Financial Inc. – for alleged violation of foreclosure practices. Further, Mortgage Electronic Registration System Inc. (MERS) and its parent company have also been named as defendants. Allegations The lawsuit alleges that these five major mortgage servicers used various deceiving foreclosure practices to fast track foreclosures without properly following the rules. Some of the procedures followed by these banks included use of ‘robo-signers,’ misleading homeowners in relation to loan modification processes, utilizing flawed documents and illegally foreclosing a property. Additionally, MERS, which provides database for mortgage servicers, has been accused of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/15/jpm-banks-face-foreclosure-charge-again/87995/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MCO) Moody&#8217;s Follows with Eurozone Warning</title>
		<link>http://www.stockbloghub.com/2011/12/14/mco-moodys-follows-with-eurozone-warning/88546</link>
		<comments>http://www.stockbloghub.com/2011/12/14/mco-moodys-follows-with-eurozone-warning/88546#comments</comments>
		<pubDate>Wed, 14 Dec 2011 20:00:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Credit Services]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BK]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[The Bank of New York Mellon Corporation]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88546</guid>
		<description><![CDATA[Moody’s, a division of Moody’s Corporation (MCO), becomes the second ratings agency to sound a warning after Standard &#38; Poor’s on the failing economic health of the European Union (EU) partly fueled by the indecision of the political class to address the crisis. Although the markets were rattled by the announcement as most indices fell and Italian bond yields soared, the political leadership appears to have taken the downbeat mood in its stride. French President Nicolas Sarkozy said, it would be &#8220;one more difficulty, but not insurmountable&#8221; if France were to lose its AAA rating. At the recent summit, European leaders agreed on tougher fiscal discipline, such as balanced budgets on the part of individual countries and stronger economic coordination. However, the EU appears to be powerless without individual countries ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/14/mco-moodys-follows-with-eurozone-warning/88546/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Stock Market News for December 12, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/12/12/eu-stock-market-news-for-december-12-2011-market-news/88415</link>
		<comments>http://www.stockbloghub.com/2011/12/12/eu-stock-market-news-for-december-12-2011-market-news/88415#comments</comments>
		<pubDate>Mon, 12 Dec 2011 22:14:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[Financial Select Sector SPDR]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>
		<category><![CDATA[XLF]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88415</guid>
		<description><![CDATA[Signs of a resolution to the lingering European debt crisis in the offing and a positive consumer data on the domestic front boosted the benchmarks on Friday. Thus, the markets elongated its weekly gains to the second-straight week and the S&#38;P 500 recorded its longest stretch of weekly gains since October. The Dow Jones Industrial Average (DJIA) gained 186 points or 1.6% to settle at 12,184.26. The Standard &#38; Poor 500 (S&#38;P 500) surged 1.7% and finished the day at 1,255.19. The Nasdaq Composite Index closed substantively higher at 2,646.85, after jumping 1.9%. While investors felt largely comfortable over the European developments, the fear-gauge CBOE Volatility Index (VIX) plunged almost 14% to close the day 26. 83. Thus, reflecting subdued fears in the markets, the fear-gauge index was comfortably below ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/12/eu-stock-market-news-for-december-12-2011-market-news/88415/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WFC) Wells Fargo Clears Bid-Rig Case</title>
		<link>http://www.stockbloghub.com/2011/12/12/wfc-wells-fargo-clears-bid-rig-case/88345</link>
		<comments>http://www.stockbloghub.com/2011/12/12/wfc-wells-fargo-clears-bid-rig-case/88345#comments</comments>
		<pubDate>Mon, 12 Dec 2011 13:56:25 +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[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=88345</guid>
		<description><![CDATA[Wells Fargo &#38; Co. (WFC) is in the headlines and this time for a penalty. The company has agreed to pay $148 million to settle charges brought by federal and state authorities that its acquired unit – Wachovia Bank N.A. participated in fraudulent activities. Wachovia was allegedly involved in bid-rigging for winning business from municipalities. According to the Securities and Exchange Commission (SEC), Wachovia rigged at least 58 municipal bond reinvestment transactions in 25 states and Puerto Rico during an eight-year period from at least 1997 to 2005 and prior to its acquisition by Wells Fargo in 2008. Former employees of Wachovia were involved in the bid-rigging process. Wachovia won some bids with information from the bidding agents about competing bids, a practice known as “last looks”. In some other ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/12/wfc-wells-fargo-clears-bid-rig-case/88345/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GS) JPMorgan Chase May Repurchase More Shares</title>
		<link>http://www.stockbloghub.com/2011/12/09/gs-jpmorgan-chase-may-repurchase-more-shares/88334</link>
		<comments>http://www.stockbloghub.com/2011/12/09/gs-jpmorgan-chase-may-repurchase-more-shares/88334#comments</comments>
		<pubDate>Fri, 09 Dec 2011 20:37:57 +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[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=88334</guid>
		<description><![CDATA[While addressing The Goldman Sachs Group Inc. (GS) investor conference on Wednesday, JPMorgan Chase &#38; Co. (JPM) CEO Jamie Dimon stated that the company has the authority to buyback more of its shares. The company made this possible by utilizing less money on dividend payments than what was approved by the Federal Reserve. Now as a part of the earlier approved capital plan, JPMorgan can spend $950 million on share repurchases. Earlier this year, the company along with 18 other banks, including Bank of America Corp. (BAC), Wells Fargo &#38; Company (WFC) and Goldman, had gone through the Fed’s third round of stress tests to secure approval for dividend increases and share buybacks. Following the stress test clearance, JPMorgan was allowed to increase dividend and buyback shares. In March, the ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(IMF) IMF Eyes Lower Growth Forecast</title>
		<link>http://www.stockbloghub.com/2011/12/06/imf-imf-eyes-lower-growth-forecast/87972</link>
		<comments>http://www.stockbloghub.com/2011/12/06/imf-imf-eyes-lower-growth-forecast/87972#comments</comments>
		<pubDate>Tue, 06 Dec 2011 19:38:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Closed-End Fund - Debt]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BlackRock New York Municipal Income Trust]]></category>
		<category><![CDATA[BNY]]></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[IMF]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[MS]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[Wells Fargo & Company]]></category>
		<category><![CDATA[WFC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87972</guid>
		<description><![CDATA[Come January 2012, the International Monetary Fund (IMF) will have to pare its growth forecast for the world. IMF’s September 2011 projections indicated a global growth of 4% for 2012 as opposed to over 5% in 2010. This announcement by the IMF does not come as a surprise. The financial turmoil and the deepening Eurozone crisis, largely responsible for sluggish global growth and weak investor confidence prompted the IMF to contemplate a recast. “The storm in the Euro area casts a long shadow over the entire global economy,” the IMF chief, Christine Lagarde said in one of her recent statements. In Eurozone, factory activity contracted the fastest in two years and so did British manufacturing. In China too, manufacturing activity was lower in November for the first time in three ]]></description>
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		<slash:comments>0</slash:comments>
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