Apple Inc. (AAPL) to split stocks following trading tomorrow

Apple Inc. (NASDAQ: AAPL) is preparing to go ahead with its 7 for 1 stock split tomorrow after trading has closed for the day. When the stock markets open again on Monday, June 9th, 2014, the new price will be in effect and trading will take place on that basis. The new price will likely […]

LIBOR Restructuring Plan Proposed

Rather than throwing the baby out with the bathwater, a recent 10 step plan was unveiled designed to repair the LIBOR process rather than replace the interest rate system utilized globally. LIBOR is the “gold standard” for providing interest rates for trillions of dollars worth of contracts ranging anywhere from mortgages in the United States […]

Campbell’s Soup Company Announces Plant Closures

Campbell Soup Company announced today that they will be closing down two production plants located in the United States. This action is being taken in an effort to be more profitable in the soup producing industry.

American Greetings Corp. Considers Buyout

In a recent announcement, American Greetings Corp. (AM.N) announced that an offer has been made to purchase the company.

U.S Trade Deficit

Copy & Paste to Share Presented by: What is Trade Deficit? Trade Deficit means that a country imports (consumes) a higher value of good and services than it exports (produces). This is comparable to spending more money than you’ve earned. “We must always take heed that we buy no more from strangers than we […]

Staples Inc. Cuts Costs to Streamline Their Business

In an effort to streamline its business and become more profitable, Staples Inc. is expediting the closing of stores in various markets. Staples is an office supply retailer with multiple sites in various geographical areas. This recent move is designed to stay competitive by not conducting business as usual. Consequently, Staples will be concentrating on […]

Bank Fees Continue to Rise With No End In Sight is reporting that banks are increasing their fees associated with the use of ATM’s. In addition, banks are charging more checking fees associated with accounts and offering less free checking accounts for their customers.

Fannie Mae Pays $1.5 Billion In Fees

Recent disclosures show that Fannie Mae, the government run mortgage company, has paid $1.5 billion to a variety of banks as part of their mortgage management strategy. This recent report, released by a government watchdog group, indicated that this fee to other banks is part of the business as usual process conducted by Fannie Mae […]

Despite Challenges Oracle Corporation Edges Higher

In spite of the recent challenges facing Oracle Corporation, Oracle stock moved slightly higher in recent trading. At the end of trading on Friday, Oracle’s (US: ORCL) share value rose by roughly 1%. This allowed Oracle to close at a value per share of $32.47. This value fell from current trading that showed earlier gains […]

Housing Industry Continues To Show Signs of Life

Through recent reports, the new home industry continues to show life. One of those new home-building companies is KB Home. In a recently released report they indicated a growth in profit for their third quarter. This rise in income for KB Homes coming after two quarters of reported losses. In this report they further state […]