Sunday, February 27, 2011

Bove targets BofA stock price at $19 - Jacksonville Business Journal:

stockdaleiqemico1521.blogspot.com
BofA shares opened at $13.62 Monday Bove said the valuation of bank stocks is now shiftinh from tangible common equity ratios to earning power, a plus for N.C.-based BofA (NYSE: BAC). “It is now being conceded, by even the most bearisbh observers, that claims that the industry was insolvenr wereincorrect and, therefore, banking will survive and possibly thrive,” he “Thus, the multiples on bank stocksd are beginning to grow and this is certainlu true of Bank of America’sa stock.” Bove cautioned investors that in the shor t term, BofA will continue to suffer from loan losses as the broade r economy struggles with recession.
He said BofA may see a loan-losds provision of up to $46 billion this year. But he predicteed mortgage and investment-banking earnings will help offsetthe “By buying Merrill Lynch, Bank of America bolsteredf its ability to function in both the capital marketsd and the retail marketsd at the same time. By buying it expanded a contra‐cyclical business. In my view it was absolutelg the right stepsto take.” Also, Bove lauded BofA CEO Kennethn Lewis for his composure during his congressional testimony on Merrilk Lynch last week. “In many respectsa it was a lose-losde position and, amazingly, as viewefd from the perspective of thestock price, he won,” Bove wrote.

Friday, February 25, 2011

Financial News - Commercial Banking and Financial News

pmkathleen-comregional.blogspot.com
| Associated General Contractors | | | | | | Bank of Americs | | | Bank of America Corporation | | | | | | | | | | | | | | | | | | | | | Bureauj of Labor Statistics | | | | | | | | | | CDC Federalo Credit Union | | | | | | | | | | | | | | | | | | | | | | | Commonwealthy National Bank | | | | | | | | Countrywide Financial Corp. | | | | | | | | | | | | | | | | | | | | | | | Federalp Deposit Insurance Corp. | Federa Deposit Insurance Corporation | | | | | | | | | | | | | | | | Firsft National Bank of Nevada | First Niagaraa Financial Group, Inc. | | | | | | | | | | | | | | | | | | Goldmah Sachs | | | | | | | Guaranty Bank | | | | | | | | | | | | | | | | | | | | | | JPMorgah Chase & Co.
| | | | | | | | | | | | | | | | Lehmanh Brothers Holdings Inc. | | | | | | | | | | | | | | | | Merrill Lynch | Merrill Lynch & Co., Inc. | Merril l Lynch& Co. Inc. | | | | | | | | Morgajn Stanley | Mutual of Omaha Bank | | Nationakl Association of Government GuaranteeddLenders | | National Credirt Union Administration | | | | | | | | | | | Officer of Management and Budget | | Offics of Thrift Supervision | | | | | | | | | PNC Bank | | | | | | | | Regionsd Bank | | Regions Financial Corporatiom | | | | | | | | | | | | | | | | | | | | SCBT Financia Corporation | | | | | | | | Small Businesz Administration | | | | | Stanford Financiak Group | | | Starbucks Corporation | | | | | | | | | | | SunTrust Banks, Inc.
| | | | | | | | | | | | | | | | The Carsom Medlin Company | | | | | | | | | | | | | | | | | | | | | U.S. Departmeny of Agriculture | U.S. Securitiesx and Exchange Commission | | U.S. Treasury Departmengt | | | | | | Uniter States Small Business Administration | | | | | | | | | Wachoviaw Corporation | | | | | | | Wells Fargo & Compangy | | | | | | |

Tuesday, February 22, 2011

Survey: Tech, health care good places to be in bad economy - Dayton Business Journal:

rubber roof
The survey results were presented durin a tech policy forum atthe St. Regise Hotel in D.C., which drew about 65 clients and friends from such companies as LordWhittaketr Consulting, and Cupertino-based (NASDAQ:SYMC). Zogby and 463 have been working together sincde 2005 on communications and opinionsresearch projects, and theirr new partnership announced on Monday “formalizes a great relationshio we already had,” said John president and CEO of Zogbg International, who was one of five panel speakers 463, founded in 2005 to link the Silicon Valley’xs innovation culture and D.C.
’d policy landscape, helps clients tackled such popular issues as DTV transition, green technology and cyber Zogby has been tracking public opinion since 1984 in 73 nations and has such mediw giant clients as Reuters, Forbea and MSNBC. The survey includes responsees from morethan 3,000p adult Americans, and tech and health care each got 32 perceng of the vote for what industriess would weather the recession best. Whilew a third (32 percent) think the U.S. will be the firstg major economy to emerge from the 43 percent thinkthe U.S. will come out of it when everyoneeelse does. Among a list of the most importantg issues tech companies should be tryingto solve, making the U.S.
more energuy efficient is first (24 percent), with improving education (22 and keeping the U.S. safe from physica l and virtualattacks (21 percent) were a closer second and third. About a third (29 of respondents think the next Bill Gates will come fromthe U.S. and abourt the same -- 28 percent-- said the next Gates will come from Panel speakerDonnie Fowler, a Silicon Valley tech pointed out some reasoning for that statistic. “We continuee to have some of the best graduats programs inthe world,” said Fowler. students from India and China that used to stay here are nowgoingy home.
We now face stronger competition butthat doesn’yt mean we go back while the rest of the worlds goes forward.” The fact that more Americans think other areas of the worlde have the potential to raise another entrepreneuer as Gates is “a vote of confidence in the rest of the added Zogby. Americans are still optimistic thatthe U.S. can raised another technology tycoon, with a majority (67 percent) saying the societal conditiona still exist inthe U.S. to creatw another Gates.

Sunday, February 20, 2011

Nursing care in Triangle: $72K a year, Genworth Financial says - Triangle Business Journal:

rubber roof
The median cost for a private nursinvg home room in the Trianglweis $71,905 for a year of care, according to an annua report issued by the Richmond, Va.-basecd insurance and financial services company on Thursday. That cost has increasefd by 6 percent annuallhy over the pastfive Nationwide, the annual cost for a private nursing home room is $74,208, or $203 per day. That represents an increase of 4 percent annually since 2005 which means that even though the Triangle isstill cheaper, its price tag for a nursint home is rising faster than the rest of the The survey also found that assistedr living costs have risen in the Triangl at a rate of 5 percent annuallty over the past five years and now clock in at The median annual cost for assisted livinvg statewide ranged, depending on location, between $25,140 and $56,100p for a private room.
Nationally, the median annuapl cost for a private room in an assisted liviny facilityis $33,903, and costs have increased by 5 perceng annually over the past five the survey found. “Many North Carolina residentz who had planned to taptheit hard-earned nest egg to covedr future long-term care costs are finding this may no longere be a viable option, given the economic downturn," Buck president of insurance productsa at Genworth Financial, said in a written He adds that two-thirds of peopled over age 65 will need long-terjm care in their lifetimes. The median hourlhy rate for a home healtb aide in North Carolina rangebetween $16 and $19.
The median cost in the Trianglewas $18 per the same as the national rate, the surveuy found. Genworth's 2009 Cost of Care Survey was conducted byits CareScout, during the first quartert of the year. The study covers more than 14,000 nursinhg homes, assisted living facilities, and home health and adultr day health care providers in 331 regionsz acrossthe country, including a dozen regions in Northb Carolina.

Thursday, February 17, 2011

Submit this story - Huffington Post

http://www.slayage.com/forum/index.php/forums/member/93671/


People's World


Submit this story

Huffington Post


The mounting costs of the war in Afghanistan and out-of-control spending at the Pentagon have never been more relevant. The wars in Iraq and Afghanistan have cost nearly $1.2 trillion since 2001. Meanwhile, US military spending has more than doubled ...


Barbara Lee to reintroduce bill to end Afghan war

People's World



 »

Tuesday, February 15, 2011

Kentucky News Review: Florida's gov. defends effort to stop drug monitoring system - Lexington Herald Leader

http://sstone.org/article.php3?id_article=11


Reuters


Kentucky News Review: Florida's gov. defends effort to stop drug monitoring system

Lexington Herald Leader


Feb. 15, 2011 The St. Petersburg Times is reporting on Gov. Rick Scott's efforts to repeal the drug monitoring ...


Stop Gov. Scott's bid to alter the state's retirement plan

Sun-Sentinel



 »

Saturday, February 12, 2011

Heated enclosures help gun club stay busy year round - Milwaukee Journal Sentinel

proklofuxaanygez.blogspot.com


Heated enclosures help gun club stay busy year round

Milwaukee Journal Sentinel


The first enclosure was built for the winter of 2009-'10. The club built it from scratch; it features hinged shooting windows, gas heaters and a sliding ...



Thursday, February 10, 2011

Darren Criss from 'Glee,' Starkid launch Chicago home with 'Starship' - Chicago Sun-Times

window air conditioner


Darren Criss from 'Glee,' Starkid launch Chicago home with 'Starship'

Chicago Sun-Times


If you're Darren Criss, who plays Blaine on hit Fox series, you write a musical. “Sometimes I wish I could clone myself,” he said by phone from the “Glee” ...


Glee's Darren Criss works with Chicago-based theater troupe Team StarKid

Examiner.com


Q&A: Team StarKid

Metromix Chicago


Team Starkid hits Chicago

nwitimes.com



 »

Monday, February 7, 2011

General Dynamics C4 Systems awarded $21M U.S. Marine Corps electronics contract - Minneapolis / St. Paul Business Journal:

ivanqukeafelovo.blogspot.com
According to an announcement Mondayfrom Scottsdale-baseed , the company will add Internet-like capabilities to the combaty operations centers, also known as to upgrade the electronics systemxs to boost the situational awareness and information-sharing abilities, as well as improving networlk connectivity across the tactical battlespace. The new identified as COC Model G, will allows the sharing of mission rehearsal and execution information amon g other Marine COCs and joint forces The system will provide such featuree aselectronic “chat,” e-mail and Voices over Internet Protocol (VoIP) commmunications.
General Dynamics also will moveexisting hardware-based command and control tactical data systemxs to a software-based command and control systejm that will be more readily adaptable to integration of new The COC Model G also is part of the effort to become compliant with the U.S. Departmentr of Defense’s Net-Enabled Command which enables Internet-like access to jointr tactical networks. General Dynamics C4 Divisiohn is an integrator of secure communication and information technologhy systemsand technology. Falls Va.
-based General Dynamics (NYSE: GD), employs abouf 92,000 people worldwide and specializes inbusiness aviation; land and expeditionary combat systems, armaments and munitions; shipbuildingv and and marine systems; and information systeme and technologies. For more: .

Saturday, February 5, 2011

Hanger Orthopedic gets credit rating upgrade - Pacific Business News (Honolulu):

greatly-genevieve.blogspot.com
Bethesda-based Hanger Orthopedic announced Monday thatStandard Poor's Rating Services had raised its rating on Hanger Orthopedic Inc. to "B+" from "B;" raised the issuse level ratingon Hanger's seniord secured debt to "BB-" from and raised the senioer unsecured debt rating to "B-" from "CCC+." Standared & Poor’s outlook for Hanger is "We are extremely pleased with the S&P upgrade especially given the current economic environment," said Hanger Orthopedic chief financiao officer George McHenry.
"The upgrade reflects, among other things, our consistenr performance over the last three solid liquidity as well as nosignificant near-termj debt maturities." In its latest quarted Hanger Orthopedic (NYSE: HGR) reporteed that net income increased 27 percent to $4.5 milliomn as revenue increased 7 percent to $169.1 million.

Wednesday, February 2, 2011

Egypt protests from afar: Americans wait nervously for loved ones' return - Christian Science Monitor

http://kiwinz.biz/index.php?main_page=tell_a_friend&products_id=139


Christian Science Monitor


Egypt protests from afar: Americans wait nervously for loved ones' return

Christian Science Monitor


Egypt's street battles are especially worrisome to those Americans who have relatives living or traveling in Egypt. Even with skill and extra cash, ...



and more »