Archive for August, 2012:

Europe on the edge of recession, despite growth in Germany

Date: Aug 14 2012
The economies of both the eurozone and the EU shrank at a quarterly rate of 0.2% in the second quarter. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/zuogAeRPxjQ/1 Read More »

Sears: Unlocking Value or Self-Destructing? (SHLD)

Date: Aug 14 2012
Filed under: RetailAccording to a report in today's New York Post, Sears Holdings Corp. (NASDAQ: SHLD) "has met with investors about selling the Lands' End brand, which accounts for as much as half the company's profits." The company, and its ...Read More »

Wells Fargo Pays $6.5M To Settle SEC Charge Over Complex Mortgage Investment Sales

Date: Aug 14 2012
Filed under: Banking, GovernmentWells Fargo & Co. (NYSE: WFC) may have taken the title for the safest of the big money center banks away from J.P. Morgan Chase & Co. (NYSE: JPM), but the bank is not immune from charges ...Read More »

Homes Less Affordable in Second Quarter

Date: Aug 14 2012
Filed under: Economy, Real EstateRising home prices in U.S. metropolitan areas pushed down the second-quarter affordability index, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo housing opportunity index. Some 73.8% of new and existing ...Read More »

Fernanda Romero stars in SOLD, The Most Striking Story That Will Touch Your Heart

Date: Aug 14 2012
1888PressRelease - Fernanda Romero, the youth icon in popular Hollywood movies like The Eye, RPM Miami, and Drag Me to Hell, stars in the movie SOLD. The film is a contestant in the Ridley Scott Competition, hoping to win the ...Read More »

Some universities require students to use e-textbooks

Date: Aug 14 2012
While several colleges across the country are pushing electronic textbooks, some students are reluctant. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/cEeR_3L5L8o/1 Read More »

Study: 78 money market funds were at risk of breaking buck

Date: Aug 14 2012
A study by the Boston Federal Reserve Bank says that 78 money market mutual funds had to seek help to keep share prices above a dollar. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/xSSMkFLZJvM/1 Read More »

U.S. to buy $170M in meat, fish to help farms hit by drought

Date: Aug 14 2012
President Obama turned up the pressure on Congress to pass a new farm bill during a campaign stop in Iowa. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/jMhxCEgRUxA/1 Read More »

7 Reasons Why JC Penney’s Q2 Earnings Were Another Huge Disaster

Date: Aug 14 2012
Filed under: Company News, JC Penney By Ira Kalb, Marshall School of Business, USC JC Penney (JCP) has just reported even worse results for their second quarter than they had during their first quarter under new CEO Ron Johnson. The first quarter results ...Read More »

End Addiction Recovery Center Says No to Methadone

Date: Aug 14 2012
1888PressRelease - Methadone is one form of recovery but End Addiction Recovery Center asks is it really recovery, or is using methadone just a substitute addiction? If you are one of those individuals addicted to heroin or other opioid, such as ...Read More »