Thursday | TheStreet.com
Consumers Can't Pay; Banks Suffer
It's hardly a surprise that consumer loan delinquencies are on the rise. What do banks and credit card companies expect consumers to pay with when job losses are at an all time high? Still, today's numbers are striking: During the first quarter, the delinquency rate among eight types of closed-end installment loans rose to 3.23%, according to the ...
A $500 million stock offering is weighing excessively on the credit-card company's stock.
Credit card reforms coming next year
Changes in credit cards coming in Feb. Planning on getting a credit card before industry reforms kick in next February? Consider using the guidelines in Bankrate.com's credit card study released Monday.
Whitney hit by Fitch Ratings downgrade
Fitch Ratings has cut its rating on regional banker Whitney Holding Corp. because of the company's increased amount of nonperforming assets, much of that coming from Florida real estate.
As Card Losses Hit Record Levels, Banks Hit Back
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Travel to Canada is getting more expensive for Americans. Why let extra bank fees whittle away those dwindling vacation dollars? A hotel room priced at Cdn.
The rate of uncollectible loans hit 10.6% in May, a record figure for Moody's Credit Card Index.
Points of Light Institute Honors Corporate America's Renewed Call to Service
CSRwire.com - SAN FRANCISCO, CA. - June 24, 2009 - During this momentous time in history when heightened awareness about service and volunteerism is inciting everyday people to take action in their communities, corporations are also encouraging their employees to become catalysts for change.
Teens generally dona TMt concern themselves with the monthly costs of water and power bills, rent or mortgages.
Capital One's $549 Million Man Buys Back Freedom: Jonathan Weil
Whata s in Capital One Financial Corp.a s wallet? About $3.6 billion less than what was in there two weeks ago, now that the credit-card lender has returned its taxpayer bailout cash.
SchaeffersResearch.com Daily Market Blog
Bearish Bettor Opens a Long Put Spread on Capital One Financial Corp.
Elizabeth Harrow Option volume has exploded today on Capital One Financial Corp.
Hilton Hotels Announces New Executive Appointment
Hilton Hotels Corporation today announced the appointment of Matthew W. Schuyler as Executive Vice President and Chief Human Resources Officer.
Capital One Financial Corporation to Webcast Conference Call on Second Quarter 2009 Earnings
On Thursday, July 23, 2009, at approximately 4:05 p.m. Eastern time, Capital One Financial Corporation will release its Second Quarter 2009 earnings results.
One big investor is betting on downside from Capital One Financial a few days after the lender reported worsening consumer-loan losses.
Cramer's Take on Headline Stocks
State Street and Capital One joined the list on Wednesday of banks repaying TARP funds .
Capital One buys back TARP shares
Capital One Financial Corp. has repurchased 3.6 million shares it sold to the Treasury Department in connection with TARP funds it received last fall.
Finance Layoffs: Capital One, Barclays and more
There are more reports and rumors of layoffs in the finance industry this Friday.
BB&T, Chase and others repay TARP
BB&T Corp. has paid $3.1 billion to the U.S. Treasury to buy back the preferred shares it sold to the federal government last fall as part of the Troubled Asset Relief Program, or TARP.
Stocks on the move: Abercrombie, KeyCorp, Star Scientific
Shares of the following companies are having unusual moves in U.S. trading this morning.
What TARP Banks Are Investment Grade?
A total of 10 U.S. banks have now repaid the preference share investments in them made by the U.S. Treasury Department's Troubled Assets Relief Program , thus demonstrating that the government thinks they are sound.