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Fifth Third Bancorp (NASDAQ:FITB) Funds Its Fifth “Foundations In Personal Finance” Program In 2014

Boston, MA 09/19/2014 (wallstreetpr) – Fifth Third Bancorp (NASDAQ:FITB) is funding the Dave Ramsey designed “Foundations in Personal Finance” program for the school year 2014-15. Fulfilling Commitments The Bank seeks to fund the program in as many as 1,827 high-schools spread across 12 states. The school group includes 69 new schools from western Michigan. As […]

First Bancorp Inc (NASDAQ:FNLC) Records Slender Three-Year Average Dividend Growth Rate

Boston, MA 09/19/2014 (wallstreetpr) – A holding company, First Bancorp Inc (NASDAQ:FNLC) has maintained its quarterly dividend rate of 21 cents a share after lifting it from 20 cents a share in the previous quarter. For more than 20 quarters, the company has maintained a dividend rate of 19.5 cents a share. As a result, […]

Independent Bank Corp (NASDAQ:INDB) Declares Quarterly Dividend, Records Three-Year Average Growth Pace of 7.5%

Boston, MA 09/19/2014 (wallstreetpr) – A banking holding company, Independent Bank Corp (NASDAQ:INDB) announced that its Board of Directors have recommended a dividend of 24 cents a share for the September quarter. This indicates that the company has increased its dividend by two cents a share on a year-over-year basis, but maintains its quarter-over-quarter dividend. […]

Citigroup Inc (NYSE:C): Profit-Booking Expected Near $54-55

Boston, MA 09/19/2014 (wallstreetpr) – Citigroup Inc (NYSE:C) (Closed: 53.66, Up: 2.42%) started running from the very opening minute and didn’t stop rising till mid-hours and ended the day near the day high. The buzz came from the news of the company offering mortgages with a discounted rate to the distressed borrowers or borrowers with […]

Citigroup Inc (NYSE:C) Moves To The U.S. Appeals Court Against Injunction In Argentine Bond Payment Case

Boston, MA 09/19/2014 (wallstreetpr) – The Argentine bond payment lawsuit of Citigroup Inc (NYSE:C) has reached out to the U.S. appeals court now. Yesterday, the bank put forward its arguments regarding the serious forthcoming hazard that it might face in case the interest payments are not processed. The bank is unable to make these payments […]

Annaly Capital Management, Inc. (NYSE:NLY) Declares 3Q Dividend; Sans No Growth In Last Five Years

Boston, MA 09/19/2014 (wallstreetpr) – Real estate related investments company, Annaly Capital Management, Inc. (NYSE:NLY) said that its board has declared a quarterly dividend of 30 cents a share for the third quarter. This meant a drop growth rate to the negative territory in the last three-year, as well as, five-year period. Dividend Rate The […]

Has Morgan Stanley (NYSE:MS) Become A Successful Bank In Post-Financial Crisis?

Boston, MA 09/19/2014 (wallstreetpr) – Financial services provider, Morgan Stanley (NYSE:MS) was one of the two financial institutions to convert themselves into a bank at the height of the financial imbroglio in 2008. Has it become successful for the company and has it addressed the doubts raised by skeptics about its survival? There was no […]

Goldman Sachs Group Inc (NYSE:GS) Key Takeaways From American Society Of Radiation Oncology Conference

Boston, MA 09/19/2014 (wallstreetpr) – Investment advisor, Goldman Sachs Group Inc (NYSSE:GS), has provided key takeaways from the American Society of Radiation Oncology or ASTRO conference. It sees the environment in the U.S. as stable as far as overall radiation oncology market was concerned since there was no change in the number of treatment vaults […]

Sunoco Logistics Partners L.P. (NYSE:SXL) Prices Its Public Issue Of Units at 6.6% Discount To Its 52-Week High Price

Boston, MA 09/18/2014 (wallstreetpr) – Operator of logistics business, Sunoco Logistics Partners L.P. (NYSE:SXL), disclosed the pricing of its public offering of common units, which was 6.6% lower than the yearly high price. The company intends to use the proceeds to payback part of its outstanding borrowing. Pricing Public Issue The company has priced its […]

Citigroup Inc (NYSE:C) Closes Gap With JPMorgan Chase & Co. (NYSE:JPM) On Derivative Open Contracts

Boston, MA 09/18/2014 (wallstreetpr) – Diversified financial services provider Citigroup (NYSE:C) seems to be closing the gap with the market leader JPMorgan Chase & Co. (NYSE:JPM) on derivative contracts as Citigroup has been swimming deeper into it. Incidentally, the company was one of the beneficiaries of the government’s bail-out package at the height of the […]

Goldman Sachs Group Inc (NYSE:GS) Thinks Luemnis Ltd (NASDAQ:LMNS) Offers Most Compelling risk/Reward In Small And Mid-Cap MedTech Space

Boston, MA 09/18/2014 (wallstreetpr) – Investment advisor Goldman Sachs Group Inc (NYSE:GS) thinks that the clinical solutions provider, Luemnis Ltd (NASDAQ:LMNS), offers the most compelling risk/reward in small and mid-cap or SMID medical technology space. The brokerage believes that the stock can provide a return of approximately 88% from the current level. Cheaper Than Peers […]

Prospect Capital Corporation (NASDAQ:PSEC) Chief Executive Officer Acquires 100,000 Shares To Lift His Holding

Boston, MA 09/18/2014 (wallstreetpr) – Financial services provider, Prospect Capital Corporation (NASDAQ:PSEC) Chairman of the Board and Chief Executive Officer, John Barry III, has improved his holding in the company by acquiring shares from the open market. The CEO has entered the market after a gap of three months, and this is the first insider […]

Citigroup Inc (NYSE:C) Unit And Volkswagen of America Unveils After-Sales Credit Card

Boston, MA 09/17/2014 (wallstreetpr) – Diversified financial services provider, Citigroup Inc (NYSE:C)’s subsidiary, Citi Retail Services disclosed that it has a struck a multi-year deal with Volkswagen America, Inc. for its After-Sales credit card initiative in the U.S. Advantages of Card Citigroup Inc (NYSE:C) Retail Services said that the program’s objective was to offer a […]

Bank of America Corp (NYSE:BAC) To Hire Alex To of Morgan Stanley (NYSE:MS) China Investment Bank

Boston, MA 09/16/2014 (wallstreetpr) – According to reports, Alex To who heads investment banking of Morgan Stanley (NYSE:MS) China has decided to join Bank of America Corp (NYSE:BAC). The information was revealed by two people close to this matter who said that to will be given a similar role at BAC. Insights of the matter: […]

Wells Fargo & Co (NYSE:WFC) To Expand Use of ETFs and Bond Funds SMAs

Boston, MA 09/16/2014 (wallstreetpr) – Wells Fargo & Co (NYSE:WFC) has for the first time decided to expand the use of ETFs and Bond Funds to create some good quality portfolios. As per the information made available by the company, it used to invest into individual securities including bonds in order to generate significant returns […]

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