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Paper Or Plastic? More Americans Say They Never Carry Cash
Tuesday, May 27, 2014 - 4:24pm | 416Read More...Most Americans don't like having credit card debt, but a new survey says over half of U.S. citizens never carry cash, instead relying on credit and debit cards for everyday transactions and purchases. A survey of more than 2,300 American adults by UK-based Vouchercloud.net found 57 percent of...
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Carlyle Eyes $800 Million IPO
Wednesday, April 11, 2012 - 8:52am | 448Read More...Carlyle Group LP, the private equity conglomerate with $147 billion in management, will soon take its show on the road as it seeks to offer a tenth of its equity to the public. The company expects to raise between $750 and $800 million, according to Reuters, which would put its valuation at $7.5 to...
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Is Flagstar the Netflix of Banking?
Wednesday, November 9, 2011 - 5:06pm | 741Read More...Flagstar's corporate team may not include Reed Hastings, but that hasn't stopped the company from losing its value. In fact, Flagstar Bancorp (NYSE: FBC), the parent company of the Flagstar Bank chain, might actually be worse off than Netflix (NASDAQ: NFLX). Never mind the share price; right now,...
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Banks Run To Help After Hurricane Irene
Thursday, September 1, 2011 - 2:45pm | 502Read More...Hurricane Irene “plowed” through the Eastern seaboard recently, as of the weekend of Aug. 27, leaving behind a widespread trail of damage that was bad, but not as bad as expected by hyped-up news teams and forecasters. And as a result of the damage that was incurred, from August 29 through...
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Cheaper Kindle, Tarnished Reading Experience? (AMZN)
Tuesday, April 12, 2011 - 3:41pm | 561Read More...Once upon a time, when consumers paid for entertainment, they only paid once. Believe it or not, we could actually go to the movies, hand over the admission fee, and enjoy a couple hours of commercial-free entertainment. Crazy concept, wouldn't you say? Advertisers would. They jump at the chance...
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Bank of America To Put Foreclosures On Hold In All 50 States
Friday, October 8, 2010 - 10:52am | 276Read More...With well over a million homes being repossessed, 2010 is shaping up to be a record year for foreclosures in the U.S. But there are serious questions about the way many have been carried out, and now prosecutors are investigating whether some of the country's largest banks committed fraud,...
