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Investor Tips



BofA Boosts Mortgage Modifications. Comments Off

Posted on March 12, 2010 by Investortips News Feed
Bank of America added nearly 8,000 customers to the ranks of borrowers modifying mortgages under a government program in the latest month.

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AnnTaylor Swings to Profit. Comments Off

Posted on March 12, 2010 by Investortips News Feed
AnnTaylor Stores eked out a surprise profit in its latest quarter as a sales decline stabilized and it cut back on discounting. The women's clothing retailer forecast a return to sales gains this year.

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Crude Carriers, Aveo IPOs Fall. Comments Off

Posted on March 12, 2010 by Investortips News Feed
Two U.S. initial public offerings fell on their debuts, underscoring the uncertainty surrounding the new-issues market.

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MGM Mirage to Sell Borgata Stake. Comments Off

Posted on March 12, 2010 by Investortips News Feed
Casino operator MGM Mirage agreed to sell its 50% stake in the Borgata Hotel Casino in Atlantic City in a settlement with New Jersey gambling regulators.

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Ex-Lloyds CEO Pitman Dies at 78. Comments Off

Posted on March 12, 2010 by Investortips News Feed
Sir Brian Pitman, the veteran banker who helped transform Lloyds TSB into one of Europe's largest banks, has died at age 78.

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Freddie Mac’s Tide of Red Ink Ebbs. Comments Off

Posted on February 25, 2010 by Investortips News Feed
Freddie Mac posted a smaller loss for 2009 and said for the third consecutive quarter that it didn't need to ask the government for more bailout cash.

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Fannie, Freddie Plan to Come Next Year. Comments Off

Posted on February 24, 2010 by Investortips News Feed
Geithner said the Obama administration's plan for the future of Fannie Mae and Freddie Mac won't be unveiled until 2011.

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Hummer’s China Deal Fails. Comments Off

Posted on February 24, 2010 by Investortips News Feed
General Motors said it will begin an orderly wind down of Hummer operations after a Chinese bidder's $150 million offer was not accepted by Chinese regulators.

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General Growth to Unveil Split-Up Plan. Comments Off

Posted on February 24, 2010 by Investortips News Feed
General Growth, with help from Brookfield, is expected to propose a plan to split into two mall companies, exiting bankruptcy and thwarting Simon's takeover bid.

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SEC Votes for Short-Sale Rule. Comments Off

Posted on February 24, 2010 by Investortips News Feed
The SEC voted 3-2 to approve a long-anticipated short-selling rule to place curbs on the practice for individual securities experiencing declines of 10% or more in a single day.

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