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The Finance Connection

The Finance Connection

http://www.thefinanceconnection.com

We talk about money, how to make it, how to save it, how to spend it.

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  • Wells Fargo Exit Plan

    Posted on Tuesday September 1st, 2009 at 22:45 in banking

    Wells Fargo  repeated its bailout exit strategy on Tuesday, but appeared weak next to competitors that have already repaid taxpayer funds, or are moving forward with more definite plans to do so. Its position comes at a delicate time, when rumors ab...

  • Colonial BancGroup Inc. – biggest bank failure for 2009

    Posted on Sunday August 16th, 2009 at 01:33 in banking, bank failure, colonial bancgroup

    Colonial BancGroup Inc. has become the largest bank failure this year as the 2009 toll of financial institutions approaches 80. The Federal Deposit Insurance Corporation seized the struggling Alabama-based lender Friday and sold it to BB&T Corp....

  • Fannie Mae posts stock loss

    Posted on Friday August 7th, 2009 at 03:10 in stocks

    Fannie Mae FNM  0.79, +0.05, +6.76%) posted a loss for the second quarter of $14.8 billion, or $2.67 a share, compared with a loss of $2.3 billion, or $2.54 a share in the same period last year. Net revenues were $5.6 billion and fair value gains we...

  • Should I invest in energy stocks?

    Posted on Tuesday July 7th, 2009 at 03:23 in stocks, investing, energy stocks, good stocks to invest, top performing stocks

    New Jersey Resources(NJR) is an energy-services company that provides retail and wholesale energy services to customers in New Jersey and other states from the Gulf Coast to New England and Canada. The numbers: Fiscal second-quarter revenue declined ...

  • Michael Jackson dead at 50

    Posted on Friday June 26th, 2009 at 01:57 in news

    Michael Jackson was pronounced dead at a Los Angeles hospital Thursday after the 50-year-old pop star was found not breathing at his home earlier in the day. His death was caused by cardiac arrest, according to his brother Jermaine. But Jermaine Jack...

  • Performing Stocks 6-26-09

    Posted on Friday June 26th, 2009 at 01:56 in stocks, kb home, shaw communications, stocks to watch, performing stocks

    KB Home (KBH 14.77, +1.13, +8.28%) is expected to report a second-quarter loss of 64 cents a share, according to analysts surveyed by Thomson Reuters. Shaw Communications (SJR 16.97, +0.31, +1.86%) is forecast to post earnings of 26 cents a share i...

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