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  1. Wedbush Reaffirms Neutral Rating for Lowe's Companies, Inc.Wed, 22 Feb 2017 19:29:07 GMT
    's stock had its "neutral" rating reissued by analysts at Wedbush in a research report issued on Wednesday. They presently have a $77.00 price objective on the home improvement retailer's stock. More...
  2. Wall Street Getting Anxious on Bank Rally as Downgrades Pile Up 2 hours agoWed, 22 Feb 2017 14:44:07 GMT
    Among stocks from JPMorgan Chase & Co. to Citigroup Inc., downgrades have outnumbered upgrades by a margin of almost 2-to-1 since the election, according to analyst recommendations compiled by Bloomberg data. More...
  3. RPT-UPDATE 1-UK minister plays down German claim to stock exchange "crown jewels"Wed, 22 Feb 2017 10:11:20 GMT
    FRANKFURT, Feb 21 Britain's government played down suggestions the London Stock Exchange's headquarters could move to Frankfurt after merging with Deutsche Boerse, but cautioned it was watching the deal closely. "We are not complacent about the position of UK financial services companies," Simon Kirby, the minister responsible for the City of London, told lawmakers on Tuesday during a parliamentary debate about the stock exchange's future. More...
  4. ECN Capital looks for acquisition targets after sale to PNCWed, 22 Feb 2017 05:41:03 GMT
    Steve Hudson's specialty lender, ECN Capital Corp., is fuelling up for its next round of acquisitions through the $1.25-billion sale of its U.S. commercial- and vendor-finance business. On Tuesday, ECN said it would unload a business that helps companies lease equipment in the United States - everything from construction diggers to big rigs and even large kitchen appliances for franchises. More...
  5. The Latest: Guilty plea in Japan financial fraud caseWed, 22 Feb 2017 01:08:15 GMT
    HONOLULU, Hawaii - The Latest on a federal case of defrauding Japanese English-language students of more than $200,000 : A man who taught English at a well-known chain of foreign language schools in Japan is pleading guilty to defrauding his students out of more than $200,000. Prosecutors say the Nova teacher told two students he could get them a high rate of return by putting their money into First Hawaiian Bank certificates of deposit. More...
  6. Wells Fargo Fires Four Retail Executives Over Accounts ScandalTue, 21 Feb 2017 20:29:33 GMT
    Wells Fargo has fired its consumer credit solutions head and three other senior managers for actions related to a scandal involving employees creating fraudulent customer accounts. More...
  7. The Next Financial Crisis Might Be in Your DrivewayTue, 21 Feb 2017 20:29:32 GMT
    Lured by low interest rates, low gas prices, and a crop of seductive vehicles that are faster, smarter, and more efficient than ever before, American drivers are increasingly riding in style. Don't be fooled by the curb appeal, though-those swanky machines are heavily leveraged.  The country's auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end car shopping pushed vehicle loans to a dubious peak of $1.16 trillion. More...
  8. Survey: Business executives' optimism surges under TrumpTue, 21 Feb 2017 18:09:48 GMT
    Business executives are feeling more confident with Donald Trump in the White House, according to an annual survey from JPMorgan Chase. The survey found that 76% of the executives believe the new administration will have a positive impact on their businesses. More...
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