Posted on March 31st, 2008 by moneyvsdebt
Citigroup Inc. plans to split its consumer banking unit from its credit-card business as part of a broader reorganization to cut costs and simplify the large financial institution’s structure, the company said Monday.
Citi said named Teresa Dial, 58, global head of consumer strategy and chief executive of consumer banking in North America. That business will [...]
Filed under: Credit Card, Easy Money, Finance, Financial News, Global Economy, Stocks, credit scores | No Comments »
Posted on March 29th, 2008 by moneyvsdebt
Only responsible credit card users should mess with rewards credit cards. These cards typically have higher interest rates than nonrewards cards, so they make sense only if you can pay your balances off each month. Otherwise, those interest payments will negate the rewards. Defaulting will also zap your earnings, so you have to keep your [...]
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Posted on March 17th, 2008 by moneyvsdebt
Leading credit and debit card provider Visa changed the timing of its IPO earlier this afternoon, with the deal now expected to price on March 18th instead of March 19th. The terms of the deal remain the same: 406 million shares at a range of $37 to $42. J.P. Morgan, Goldman Sachs and Banc of [...]
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Posted on March 17th, 2008 by moneyvsdebt
3:47a.m. - Peters & Co
NEW YORK, March 17 (newratings.com) - Analysts at Peters & Co maintain their “sector underperform” rating on Pengrowth Energy Trust (PGF.UN) and (PGH.NYS) NYSE. The 12-month target price has been raised to $17.
In a research note published on March 14, the analysts mention that the company’s [...]
Filed under: Canadian Income Trust, Easy Money, High Dividend Stocks, Income Trust, Income Trusts To Purchase, Investing, Positive Encouragement, Stocks | No Comments »
Posted on March 16th, 2008 by moneyvsdebt
Treasuries rose, driving yields on two-year notes down to 1.30 percent, as investors sought the relative safety of government debt after JPMorgan Chase & Co. agreed to bail out Bear Stearns Cos.
Traders began betting the Federal Reserve will cut its target for overnight loans by 1 percentage point tomorrow to keep losses [...]
Filed under: Ben Bernanke, Easy Money, Finance, Financial News, Global Economy, Investing, Money Saving Ideas, Mortgage Information, Stocks, credit secrets, federal reserve, gold vs dollar, housing crisis, politics | No Comments »
