Friday, January 14, 2011

Google Alert - finance

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JPMorgan Credit Swaps Climb After Bank Reports Results Rest on Reserves
Bloomberg
By Mary Childs - Fri Jan 14 19:05:33 GMT 2011 The cost to protect debt issued by JPMorgan Chase & Co. climbed, pulling credit-default swaps on its peers higher, after the bank reported a fourth-quarter profit based heavily on changes to loss reserves. ...
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Groupon IPO being pushed by Wall Street
MarketWatch
By MarketWatch The hot daily deal Internet company just announced an enormous $950 million round of private financing to fuel global expansion, invest in technology, and provide liquidity for employees and early investors. ...
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AIG Repays Fed, Swaps Treasury Investment for Stock
Bloomberg
By Andrew Frye and Hugh Son - Fri Jan 14 17:25:09 GMT 2011 A man exits the American International Group Inc.'s (AIG) building located at 72 Wall Street in New York. Photographer: JB Reed/Bloomberg Jan. 14 (Bloomberg) -- American International Group ...
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BofA Suffers Online Banking Glitches
Fox Business
By Matt Egan Bank of America (BAC) confirmed Friday morning its online banking operations have hit a snag, leaving some customers without access to their accounts. Some BofA account holders have reported slowness and when logging into the largest US ...
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Average tax refund in 2010: $3003
CNNMoney
By Blake Ellis, staff reporterJanuary 14, 2011: 11:16 AM ET NEW YORK (CNNMoney) -- Taxpayers received an average refund of about $3000 last year -- a 5% boost from the previous year. The Internal Revenue Service doled out refunds totaling $328 billion ...
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Rising gasoline prices sour consumer mood
Reuters
NEW YORK (Reuters) - Rising gasoline prices beat down US consumer sentiment in early January, overshadowing an improved job outlook and passage of temporary federal tax breaks, a survey released on Friday showed. A year-end surge in gasoline prices ...
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Hasbro Is No Bright Light In This Market
Forbes
Toy maker warns that full-year and fourth quarter revenue will be lower than last year. Shares sell off. Toy maker Hasbro did not get what it wanted from Santa Claus.The company said today that performance was not as strong as it expected in the ...
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US Economy: Sales, Production Gains Point to Pickup in Growth
Bloomberg
By Timothy R. Homan and Bob Willis - Fri Jan 14 17:37:14 GMT 2011 Sales at US retailers rose in December for a sixth consecutive month, capping the biggest one- year gain in more than a decade. Photographer: Jin Lee/Bloomberg Retail sales and ...
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Fitch Reviews Marathon Oil For Downgrade On Spinoff Plans
Wall Street Journal
Fitch Ratings put Marathon Oil Corp. (MRO) on watch for downgrade, the second such action by a rating agency since the company's Thursday announcement it plans to spin off its downstream assets. Marathon's board plans to renew a long-dormant plan to ...
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