Wednesday, 8 Feb 2012 | Source: Reuters
Visa reported quarterly earnings and revenue that beat Wall Street's expectations as credit-card use increased.
Thursday, 2 Feb 2012 | Source: Reuters
MasterCard reported earnings that beat analysts’ expectations for the seventh consecutive quarter, sending shares higher in pre-market trading.
Monday, 30 Jan 2012 | Source: Reuters
Italy's 10-year borrowing costs fell to 6.08 percent at auction on Monday, from a near 7 percent level a month ago, as Rome sold 7.48 billion euros of bonds in a key test of demand for its longer-dated issues.
Friday, 27 Jan 2012 | Source: Reuters
Italy and Spain were among the Euro zone countries downgraded by Fitch Ratings on Friday, indicating there is a 1-in-2 chance of further downgrades in the next two years.
Friday, 27 Jan 2012 | Posted By:
| Source: CNBC.com
As bonus season in the City of London gets underway in earnest next week the first of the UK’s major banks, Royal Bank of Scotland (RBS), announced the bonus package for its chief executive Stephen Hester on Thursday evening and immediately came in for criticism.
Tuesday, 24 Jan 2012 | Source: Reuters
Hedge funds are combing through the small print of Greece's planned rescue deal with private creditors, readying a wave of potential litigation to squeeze a better payout from the country.
Tuesday, 24 Jan 2012 | Source: Reuters
Swiss-based oil refiner Petroplus is to file for insolvency after lenders put the company on notice to pay off its debts triggering a default on $1.75 billion of senior notes and convertible bonds.
Monday, 23 Jan 2012 | Source: Reuters
Bank of England proposals to overhaul its governing body as it prepares to receive broad new powers are inadequate and would hide officials from proper public scrutiny, an influential parliamentary panel said on Monday.
Monday, 23 Jan 2012 | Source: Reuters
Profit warnings from companies jumped more than 70 percent in the final three months of 2011, the biggest quarterly rise for a decade, as markets were rocked by economic uncertainty, Ernst & Young said on Sunday.
Friday, 20 Jan 2012 | Source: Financial Times
A couple of years ago, the words “American consumer” cast a shadow over global markets. No wonder. Back in the days of the credit bubble, American consumer borrowing helped to create a crazy debt binge, the Financial Times reports.
Thursday, 19 Jan 2012 | Source: CNBC.com
The company reported quarterly earnings that fell short of Wall Street's expectations on Thursday, sendings its shares lower in after-hours trading.
Thursday, 19 Jan 2012 | Source: Reuters
The credit-card provider beat Wall Street's expectations on profit, but not revenue, posting a $7.7 billion gain. Shares fell in after-hours trading.
Thursday, 19 Jan 2012 | Source: Reuters
Spain passed its biggest test of market sentiment so far this year on Thursday, selling far more longer-term debt than expected as the government pressed ahead with efforts to tackle its problems with the help of a European Central Bank backstop.
Wednesday, 18 Jan 2012 | Source: CNBC.com
Whether you are twenty-something and in your first job or sixty-plus and and retired, there are steps you should be taking.
Wednesday, 18 Jan 2012 | Source: CNBC.com
Applications for U.S. home mortgages surged more than 20 percent last week, fueled by a wave of refinancing demand as interest rates dropped, an industry group said on Wednesday.
Posts |
TOPIC : Business/Finance/Credit
7 Feb 2012
Consumer borrowing in the U.S... Read More
16 Dec 2011
With the holidays looming, it’s easy to fall prey to retail tactics that coax you to spend more as you frantically gather gifts for those on your list... Read More
30 Nov 2011
The coordinated actions by the Federal Reserve and other central banks is aimed at the funding strains faced by European banks in what was becoming a modern day run on the banks... Read More
14 Sep 2011
Geithner's performance arguably far and away was his best in quite some time, with him sounding more substantive than political and because he spoke as if he was intent on inspiring confidence in the financial markets, something the markets need in a Treasury Secretary... Read More
10 Aug 2011
The debt ceiling debate, a slowing economic recovery, and the more recent slide in stocks has given consumers plenty of reasons to be cautious, and it's starting to show up in the numbers... Read More
VIDEO | TOPIC : Business/Finance/Credit
Deborah Weinswig, Citi analyst, defends her downgrade of WAG, on the heels of its big fight with Express Scripts, with t...
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