[at Bloomberg] – MGIC Investment Corp., the home-loan guarantor that posted losses for six straight years tied to the housing crash, led a rally of mortgage insurers after reporting a second straight quarterly profit.
MGIC Leads Mortgage Insurer Rally After Profit Read More »
[at Wall St. Cheat Sheet] – The former chief operating officer at Bank of America’s Countrywide is currently sweating under the spotlight of a government lawsuit as the lone defendant.
Countrywide’s Ex-Chief Sweats in the Face of Lawsuit Read More »
[at The Wall Street Journal] – Four large U.S. banks have provided the bulk of consumer relief required under a $25 billion settlement reached last year over alleged mortgage abuses, the monitor overseeing the deal said.
[$$] Mortgage-Relief Settlement Monitor Says Banks Have Paid Bulk Read More »
[at TheStreet] – NEW YORK ( TheStreet ) — PepsiCo , Bank of America and BlackRock each reported before market open on Wednesday. PepsiCo reported third-quarter net income of $1.91 billion, or $1.23 a share, compared …
Before-the-Bell Earnings Wrap: PEP, BAC, BLK Read More »
[at Bloomberg] – The largest U.S. mortgage servicers, including Citigroup Inc. and Bank of America Corp., are almost finished paying $25 billion in relief to borrowers under a national legal settlement over botched foreclosures, …
Banks Near End of Homeowner Relief Payments, U.S. Monitor Says Read More »
[at Seeking Alpha] – The report on the third quarter earnings of Bank of America Corp. ( BAC ) in the Wall Street Journal starts off with this positive statement: “Bank of America Corps’ third-quarter profit surged as …
Bank Of America’s Third Quarter: Moving In The Right Direction? Read More »
[at MarketWatch] – Bank of America prepared in case of U.S. default
Bank of America: Prepared for U.S. default, hopeful for resolution Read More »
[at theflyonthewall.com] – BofA says growing credit card business with ‘right customers’
BofA says growing credit card business with ‘right customers’ Read More »
[at TheStreet] – NEW YORK ( TheStreet )– Bank of America , saw a rise in legal expenses in the third quarter that threatens to undercut the bull thesis on the stock. Expenses rose $371 million to $16.389 billion from …
Bank of America Expenses Up On Legal Costs Read More »
National Presto Industries Inc. (NPK): National Presto Industries: Leakage In … Seeking Alpha – 12 hours ago In 2001, National Presto acquired AMTEC Corporation. AMTEC … Even though the first chart does not reflect a stable or thriving housewares segment, it pales in comparison to the troubles reflected in the absorbent products segment.
National Presto Industries Inc. (NPK): National Presto Industries: Leakage In … Read More »