BofA may WIN profit on mortgage buybacks

Source: GulfToday.ae

NEW YORK: Freddie Mac’s decision to force Bank of America Corp. (BAC) to repurchase $330 million of mortgages from its securities may result in a profit for the lender while triggering investor losses, accord ...
Full article at: GulfToday.ae  More like this  54 minutes ago

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Why These Are the 3 Biggest Dow Winners This Week

Source: AOL News

During a rocky week, The Dow (INDEX: ^DJI) actually managed to rise a modest 0.8%. That was largely due to these three enormous winners: Despite a few risks that still need ironing out, the housing sector continues to show signs that i ...
Full article at: AOL News  More like this  4 hours ago

Pepsi Investment Recommendation

Source: OpPapers.com

INVESTMENT RECOMMENDATION PEPSICO INC ------------------------------------------------- Investment Recommendation BUY PEPCICO INC Dec. 10, 2011 INVESTMENT THESIS: * PepsiCo is increasing its investment in Ch ...
Full article at: OpPapers.com  More like this  10 hours ago

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With Amazon in Hot Pursuit…

Source: Barron's Online

As Latin America's underdevelopment fades into memory, one of the businesses leading the region into the 21st century is MercadoLibre, an online retail site that combines elements of eBay, PayPal and Amazon. Twelve years after fou ...
Full article at: Barron's Online  More like this  13 hours ago

Corn Faces a Timing Kernel

Source: Barron's Online

As in most investing, corn futures all come down to timing. A key seasonal turning point for the grain already may have arrived, signaling a likely downturn in prices for weeks to come. Prices for "new crop" corn futures—or those for ...
Full article at: Barron's Online  More like this  13 hours ago

Gun buybacks are poised for another summer

Source: Albany Times-Union

Pastor Charlie Muller of Victory Church, right, DA David Soares, left, Sheriff Craig Apple, center, and other officials, gathered in Albany?s Livingston Park Friday May 25, 2012 to announce a ?Safe Summer Initiative? gun buy-back program with he ...
Full article at: Albany Times-Union  More like this  21 hours ago

Need A Eurozone Alternative? Try These 2 U.S.-Based Energy Stocks Yielding Over 3.5%

Source: Seeking Alpha

As Investors brace for what could be yet another summer filled with eurozone woes, they are in the market for an alternative method to provide some solace in the way of returns. Whether you love energy companies, or nice sized ...
Full article at: Seeking Alpha  More like this  21 hours ago

Don’t Trust Buybacks

Source: CNBC

Cramer used to be a big fan of companies who repurchased their shares on the open market. He thought they were a good way to reward shareholders because the buybacks boosted the stock price. But a lot of these deals haven’t returned the value he th ...
Full article at: CNBC  More like this  22 hours ago, 6:11pm CDT

Phillips66 steers away from gasoline business

Source: MarketWatch

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: NEW YORK (MarketWatch) — Phillips 66, a brand forever linked to gas stations, is turning in a different direction ...
Full article at: MarketWatch  More like this  1 day ago, 4:33pm CDT