The average monthly service fee on checking accounts that don't pay interest is now a record $5.48, a 25 percent increase over last year, according to Bankrate, a financial data publisher. The fee for using an ATM outside a bank's network rose to $2.50, a 4 percent increase.
Among the stock activity stories for Tuesday, Oct. 16, from AP Business News:. _ State Street Corp. shares rose on after the custody bank's third-quarter earnings topped Wall Street expectations due to expense cutting and growth in investment management revenue.
NEW YORK-- Shares of Bankrate Inc. lost about a quarter of their value and fell to an all-time low Tuesday, after the online publisher of financial data predicted third-quarter results that fell far short of Wall Street forecasts.
NEW YORK-- Shares of Bankrate Inc. tumbled in after-hours trading Monday after the company said it expects third-quarter net income declined as it continued to absorb charges related to its initial public offering and other costs.
While the window for tech initial public offerings remained closed during the third quarter with just four venture-backed companies pursuing IPOs, the trend appears to have reversed in recent weeks.
Cramer makes the call on viewers' favorite stocks.
Stocks finished mixed for the week amid thin, choppy trading, but the Dow and S&P snapped a six-week losing streak, boosted by news a bailout for Greece may be near. However, gains were limited as investors were worried over the continuing economic weakness.
Stocks struggled to hold their gains ahead of the close as energy and techs weakened and after excitement over France and Germany's potential rescue aid for Greece waned.
Bankrate shares fell in their market debut Friday but Chief Executive Tom Evans said he is not concerned.
Stocks were higher Friday amid choppy trading after French President Nicholas Sarkozy hinted at a deal to resolve the Greek debt crisis and after investors were encouraged by a positive reading on the leading indicators index.
Here's why you should keep a close eye on these six stocks.
Insight on the company's growth prior to its IPO and why it's not too concerned about the stock, with Tom Evans, Bankrate CEO.
Waiting for Bankrate to price tonight. The Internet personal finance company (advice on mortgages, deposits, insurance, credit cards, and other categories, such as retirement, automobile loans, and taxes) is seeking to raise 20 million shares at $14-$16.
One reason for the market's late day weakness: Apple just crossed below its 200 day moving average ... $327 and change ... for the first time since April 2009 , when it was $116.
Don't let volatility scare you out of this market. There are opportunities to be had.
At a recent Bankrate conference, Lee Rainie, Director of the Pew Internet & American Life Project, gave an excellent keynote address on the constant evolution of the the digital world we live in. Here are some of the growth stats, Lee shared.
Investors are weighing a weak jobs report and the threat of bond-insurer downgrades with enthusiasm over Microsoft’s bid for Yahoo. CNBC asked the experts where investors should place their bets to make it through this volatility.
Microsoft's bid for Yahoo gives dramatic evidence of the continuing strength of new-media stocks. Jefferies analyst Youssef Squali questions the viability of the terms of the Microsoft bid -- but he needs no convincing when it comes to the strength of online firms. He offered favorite names.