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Pimco Says Foreclosure Deal Cheap for Banks, Costly for Pensions
The government’s deal with banks over their foreclosure practices after 16 months of investigations is cheap for the loan servicers while costly for bond investors including pension funds, according to Pacific Investment Management Co.’s Scott Simon.
www.businessweek.com
Pimco Says Foreclosure Deal Cheaper for Banks Than Pensions
The government’s deal with banks over their foreclosure practices after 16 months of investigations is cheap for the loan servicers while costly for bond investors including pension funds, according to Pacific Investment Management Co.’s Scott Simon.
www.businessweek.com
Timberland Bancorp Earns $1.28 Million in Fiscal First Quarter 2012
Timberland Bancorp, Inc. today reported fiscal 2012 first quarter net income of $1.28 million. Net income available to common shareholders, after adjusting for the preferred stock dividend and the preferred stock discount accretion, was $1.02 million, or $0.15 per diluted common share.
finance.yahoo.com
JPMorgan Chase Reports Fourth-Quarter 2011 Net Income of $3.7 Billion, or $0.90 Per Share, on Revenue1 of $22.2 Billion
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co. , commented: “Every day, we put the Firm’s resources to work to help our customers, corporate clients and the communities where we do business.
finance.yahoo.com
Mass Refi Plan Would Hit Pensions While Easing Mortgage Payments
Like many homeowners, Vicky Kovari and her husband want to refinance their mortgage. A lower interest rate would save them hundreds of dollars a month -- and it would cost them, too.
www.bloomberg.com
BB&T's 4th Quarter EPS totals $0.55, up 83%; Earnings up 88% to $391 million
WINSTON-SALEM, N.C., Jan. 19, 2012 /PRNewswire/ -- BB&T Corporation (NYSE: BBT - News) today reported fourth quarter net income available to common shareholders of $391 million, an increase of 88% compared to ...
finance.yahoo.com
http://www.nhbr.com Granite State's leading source for business news, analysis and commentary en-us dkiesow ...
The insurance subdivision of the House Commerce Committee appeared split Wednesday over whether to prohibit state employees from even considering setting up a state health exchange under the federal Affordable Care Act, even after a national expert from the Cato Institute urged them to do so.
www.nhbr.com
BB&T Reports 4th Quarter Net Income of $391M
2011 earnings total $1.3 billion, up 58%WINSTON-SALEM, N.C. -- BB&T Corporation (NYSE: BBT) toda...
charlotteraleigh.citybizlist.com
BH Credit Catalysts$ - Monthly Shareholder Report - December 2011
BH CREDIT CATALYSTS LIMITEDBH CREDIT CATALYST LIMITEDMONTHLY SHAREHOLDER REPORT December 2011ADV03087 CONFIDENTIAL DO NOT COPY OR DISTRIBUTEYour attention is drawn to the disclaimer at the beginning ...
uk.finance.yahoo.com
Fighting U.S. on Housing Hazardous in Gundlach View: Mortgages
DoubleLine Capital LP’s Jeffrey Gundlach, manager of the top performing mortgage fund last year, is shunning “overpriced” Ginnie Mae securities, because investors underestimate the risk that the Federal Reserve and President Barack Obama will spur a homeowner refinancing wave.
www.businessweek.com
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