Money and Financial Lifestyle





BofA and other U.S. banks scramble for capital (Reuters)

Wednesday 13 May 2009 @ 12:15 am

Several large U.S. banks undertook big capital-raising efforts on Tuesday, hoping to satisfy regulators who want to see bigger cushions against a deep recession, or proof they have enough of a buffer already.

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BofA and other U.S. banks scramble for capital (Reuters)




11 ETFs You Should Not Own (ETFguide.com)

Tuesday 12 May 2009 @ 10:39 pm

For the first time in years, investors are actually feeling good about owning stocks and optimistic about the future prospects. The stress test results were viewed as downright bullish and the stock market is close to its recovery highs.

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11 ETFs You Should Not Own (ETFguide.com)




Citi Announces New $5 Billion Municipal Lending Program Backed by TARP Capital (Business Wire)

Tuesday 12 May 2009 @ 7:01 pm

NEW YORK—-Citi announced today that it will lend up to $5 billion to state and local governments, municipal agencies, universities and non-profit hospitals to fund projects that will help create jobs and spur economic growth.

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Citi Announces New $5 Billion Municipal Lending Program Backed by TARP Capital (Business Wire)




Ford offering 300M shares in public offering (AP)

Tuesday 12 May 2009 @ 6:03 pm

Ford Motor Co.

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Ford offering 300M shares in public offering (AP)




MBIA shares soar after posting profit (Reuters)

Tuesday 12 May 2009 @ 8:29 am

MBIA Inc , once the largest U.S. bond insurer, reported Monday it had swung to a first-quarter profit after a huge year-earlier loss, sending its shares up 18 percent in after-hours trade.

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MBIA shares soar after posting profit (Reuters)




Cell Therapeutics, Inc. Announces Single Institutional Investor Purchases $20 Million of Common Stock and Warrants (PR Newswire)

Tuesday 12 May 2009 @ 4:57 am

Cell Therapeutics, Inc.

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Cell Therapeutics, Inc. Announces Single Institutional Investor Purchases $20 Million of Common Stock and Warrants (PR Newswire)