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loans

Shaw Group Deviates Third-Quarter Loss

Published on Wed, 06/29/2011 - 07:49
By FNNO Staff

The Shaw Group is currently below its 50-day moving average (MA) of $35.97 and below its 200-day MA of $35.29.

banks, business, finance, investing, loans, market, news, price, share, shaw group, stock

Shaw Group Inc. (NYSE:SHAW) deviated to a fiscal third-quarter loss as the company reported a $48.1 million undermine to account for loans created for a project in South Texas and build up costs on an energy and chemicals project

By FNNO Staff
fnnonline@gmail.com

Paylenders Down on Texas Bill That Would Limit Short-term Lending Ability

Published on Fri, 04/08/2011 - 14:37
By FNNO Staff
cash, cash america, ezcorp, financial, first cash, loans, news, paycheck, paylenders, texas

Payday lenders like Cash America International (CSH), Ezcorp (EZPW) and First Cash Financial Services (FCFS) are down after a Texas state bill that would limit the companies' short-term lending ability passed through committee, th

By FNNO Staff
fnnonline@gmail.com

Delta Seeking $2.6 Bln In Loans To Refinance Debt (DAL)

Published on Tue, 03/29/2011 - 15:06
By FNNO Staff

J.P.

air, airline, bankruptcy, carrier, credit, dal, deal, debt, delta, finance, flight, fly, jpm, jpmorgan chase, lender, liquidation, loans, nyse, plane, refinance

Delta Air Lines (NYSE:DAL) the world's second largest air carrier, is seeking $2.6 billion in loans to refinance debt, according to a Bloomberg report.

By FNNO Staff
fnnonline@gmail.com

Federal Reserve Returns $79 Billion In Profits To Federal Government

Published on Tue, 03/22/2011 - 12:58
By Stephanie Shyu

The bank returned $79 billion to the U.S. Treasury, a 68% increase over 2009.

assets, balance sheet, bank, central bank, deposits, earnings, expense, fed, federal reserve, funds, government, institution, interest, lenders, loans, mortgage, profit, repay, securities, tarp, treasury

The Federal Reserve profited $81.7 billion in 2010, a record high, up from $53.4 billion in 2009.

By Stephanie Shyu
sshyu@fnno.com

CreXus Investment to Acquire Commercial Real Estate Mortgage Loan Portfolio from Barclays Capital

Published on Mon, 03/21/2011 - 11:57
By Stephanie Shyu

The closing of the transaction is subject to the completion of certain conditions, including the successful completion of a common stock offering by CXS and obtaining certain consents. The acquisition, which is valued at approxima

acquire, acquisition, assets, bank, barclays, bcs, buy, capital, common stock, condo, crexus, cxs, hotel, loans, m&a, merger, mortgage, office, portfolio, property, purchase, real estate, retail, shares

CreXus Investment (CXS) today announced that it has signed a definitive asset purchase agreement with Barclays Bank's (BCS) affiliate, Barclays Capital Real Estate, to purchase a portfolio of commercial real estate assets.

By Stephanie Shyu
sshyu@fnno.com

FNB Corp Topped Q4 Profit Estimates, Reflects Continued Accomplishments

Published on Mon, 01/24/2011 - 17:31
By Stephanie Shyu

Stephen J. Gurgovits, Chief Executive Officer of F.N.B. Corporation said, "We are very pleased to deliver solid fourth quarter results to end a successful year, The fourth quarter reflects our continued accomplishments in growing

acquisition, balances, bank, comm bancorp, deposits, earnings, eps, fnb corp, interest, loans, margin, nyse, pennsylvania, portfolio, quarter, regency, shares, stephen gurgovits, stock, treasury

F.N.B. Corp. (NYSE:FNB) reported Q4 EPS of $0.15, ahead of consensus estimates of $0.13 per share.

By Stephanie Shyu
sshyu@fnno.com

American Express Meets Street's Q4 Earnings, Revenue View

Published on Mon, 01/24/2011 - 17:25
By Stephanie Shyu

CEO Kenneth I. Chenault said, "Credit indicators strengthened and the amount we needed to set aside for problem loans declined significantly from a year ago. Unemployment levels and housing remain a concern, but other aspects of t

american express, axp, banking, company, credit, credit card, earnings, eps, financial, housing, kenneth chenault, loans, revenue, unemployment

Shares of American Express (AXP) are down as the company reports Q4 adjusted EPS of 94 cents on revenue of $7.322 billion. The Street view is EPS of 94 cents on revenue of $7.29 billion.

By Stephanie Shyu
sshyu@fnno.com

Hudson City Bancorp Topped Q4 EPS Estimates

Published on Wed, 01/19/2011 - 11:07
By Stephanie Shyu

Ronald E. Hermance, Jr., Chairman and Chief Executive Officer commented, "We are very proud of reporting another record year of earnings, our 11th in a row. However, our fourth quarter earnings are more reflective of the trend we

assets, bank, ceo, chairman, consensus, earnings, enterprises, eps, gse, hcbk, headwinds, hudson city bancorp, loans, market, mortgage rate, nasdaq, quarter, ronald hermance

Hudson City Bancorp (NASDAQ:HCBK) reported Q4 EPS of $0.25, ahead of consensus estimates of $0.23 per share.

By Stephanie Shyu
sshyu@fnno.com

U.S. Foreclosures May Increase 20% in 2011 to Reach Peak

Published on Thu, 01/13/2011 - 14:57
By Stephanie Shyu

Rick Sharga, RealtyTrac’s senior vice president, told Bloomberg, “We will peak in foreclosures and probably bottom out in pricing, and that’s what we need to do in order to begin the recovery. But it’s probably not going t

In 2010, a record 2.87 million properties received notices of default, auction or reposession, up 2% from a year earlier.

fannie mae, finance, financial news, homes, investing, loans, market analysis, realtytrac, rick sharga, stock, trading

U.S. homes that will go into foreclosure will climb around 20% to reach a peak number in 2011, according to RealtyTrac Inc.

By Stephanie Shyu
sshyu@fnno.com

Citigroup Boosts PT & '10-'11 Estimates for KKR (KKR)

Published on Fri, 12/17/2010 - 10:16
By FNN Staff
analyst, asset, bonds, capital, citigroup, credit, debt, equity, financing, investment, kkr, liquidity, loans, markets, nyse, portfolio, price, stock, target

Citigroup Inc. lifted its price target for KKR Co. (NYSE:KKR) on Friday, from $18.00 to $21.00, with a Buy rating maintained. Citigroup raised its 2010 EPS estimate for the firm from $2.42 to $2.59, and hiked its 2011 EPS estimat

By FNN Staff
root@fnn-online.com

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