Posted on March 31st, 2008 by moneyvsdebt
Federal regulators have eased the lenders’ capital surplus requirements, to inject some much-needed money into the mortgage market
Another stone fell into place in the federal government’s plan to build a path to credit market recovery. On Mar. 19, the Office of Federal Housing Enterprise Oversight, or OFHEO, said it was reducing the amount of capital [...]
Filed under: Ben Bernanke, Finance, Financial News, Investing, Mortgage Information, Real Estate, Real Estate Investing, Stocks, credit scores, federal reserve, housing crisis | No Comments »
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 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 [...]
Filed under: Credit Card, Easy Money, Exciting Adventures, Finance, Financial News, Internet Success Stories, Investing, Stocks, Will Make you Smile | No Comments »
Posted on March 17th, 2008 by moneyvsdebt
Citi downgrades Permian Basin Royalty Trust (NYSE: PBT) from Buy to Hold. Price target increased from $17 to $20.
Citi analyst says, “The decision to lower our rating is based on the trust’s current valuation. The units have appreciated by nearly 39.5% since mid December through March 11, 2008 (e.g. which compares favorably [...]
Filed under: Canadian Income Trust, High Dividend Stocks, Income Trust, Income Trusts To Purchase, Investing, Stocks | No Comments »
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 »
