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 The largest online brokerage in the world in number of online equity trades placed per day, TD Ameritrade Holding Corporation, reported that its internal database containing customer data was breached. However, the brokerage firm alleges no unauthorized access was gained to Social Security numbers, passwords or personal identification...
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 Bank of America, which operates the largest network of cash machines in the United States, has raised ATM fees to $3 for noncustomers to reap (rip?) off even more profits, joining many other smaller banks. The previous fee was $2 for each withdrawal, and the raise is thus 50 percent. However, Bank of America maintained the $2 fee in...
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 Countrywide announced on Thursday it has lined up $12 billion of financing through new or existing credit facilities, after it had drawn down $11.5 billion from credit lines because it was unable to sell short-term debt to fund regular operations in mid-August. Its shares jumped almost 10% upon the announcement."We are confident...
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 The United States' largest savings and loan association, Washington Mutual, said through its Chief Executive Kerry Killinger on Monday that a "near perfect storm" has caught the U.S. housing market. Killinger said the company anticipates a continued rise in bad loans, which will take a toll on WaMu's earnings and force the...
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 Countrywide Financial Corp., which is the largest mortgage lender in the United States, announced substantial job cuts of up to 12,000, which is around 20 percent of its 60,000 strong workforce. The financial company must wind down its activity following the sharp drop in home sales and, as such, most of those laid off will be mortgage...
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 Royal Bank of Canada's RBC Centura Bank has announced it agreed to buy Alabama National BanCorporation, together with its First American Bank subsidiary, for $1.6 billion. RBC offered shareholders a substantial 51% premium over the closing price Wednesday of $53.12, or 80$ per share. RBC Centura is the name of Royal Bank of Canada's...
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 Thanks to an appreciating ruble and the rising housing costs Moscow is estimated as world’s most expensive city, a “title” that the Russian capital won for the second straight time after this year’s survey.The city of New York served as the base city for the survey which estimated that Moscow is approximately 35 per cent more expensive,...
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 Japan
is slowly gaining speed on the job market and beginning to increase its
employment situation, the government reporting a 0.2 per cent dropping in the
unemployment sector since March.
That is the lowest jobless rate in the last nine years,
surpassing the expectations of analysts. With one of the largest economies in
the...
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 Gasoline prices are expected to rise on Memorial Day holiday, but as fuel inventories build, they should fall by mid-June, AAA Oregon reports.In the past week, the average price per gallon of regular gasoline rose by more than 12 cents to $3.21. In the same period, Oregon's average price held steady at $3.41, and in three of the four...
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 Online banking pioneer NetBank will sell all accounts including their Personal Finance and Small Business Checking, Certificates of Deposit, Money Market and IRA accounts to EverBank Financial Corp. The Atlanta-based company also announced it will shutdown its third-party mortgage origination business, NetBank Funding, and incur costs of...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.787 |
0.670 |
93.525 |
| EUR |
1.271 |
------ |
0.852 |
118.837 |
| GBP |
1.492 |
1.174 |
------ |
139.549 |
| YEN |
0.011 |
0.008 |
0.007 |
------ |
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| Symbol | Last | Change | | Dow | 14,047.31 |  40.24 (0.29%) | | Nasdaq | 2,747.11 |  6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
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 New BMW-6 Series Coupe and convertible
BMW has launched a convertible and new coupe of the 6-Series
featuring several advanced drive technologies and driver assistance
safety systems.
Both the coupe...
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