Archive for July, 2010

State Street: Earnings Scorecard

State Street’s second quarter was in line with the Zacks Consensus Estimate, but share price has plummeted and estimate revision has been slightly negative.

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Genworth Misses on Mixed Results

Genworth fell short of second-quarter expectations but earnings are still up exponentially.

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Financial Stocks: Genworth falls 15%, drags financials down

Shares of U.S. financial companies open lower Friday, led by a decline of Genworth Financial Inc. stock on disappointing earnings.

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Bradford & Bingley swings back into profit

Nationalised mortgage lender Bradford & Bingley has announced a return to profit in the first half of the year.

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FICS Recognized as a Top 50 Mortgage Service Provider by Mortgage Technology

DALLAS—-Financial Industry Computer Systems, Inc. was recognized by Mortgage Technology magazine as one of the years Top 50 Mortgage Service Providers.

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Would your finances pass the stress test?

How to balance a budget and make sure you have enough for a rainy day.

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State Street Upgraded to Neutral

Based on strong organic growth fueled by efficient cost control and favorable global asset management trends, we are upgrading our recommendation on State Street to Neutral from Underperform.

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Snack bar swindler going to slammer

MEDIA COURTHOUSE A Delaware County judge has barred a Norwood man from taking any more trips to the casinos for five years as part of his sentence for ripping off more than $57,000 from the Norwood Athletic Club.

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Earnings: Genworth Financial, Brink’s, Exxon Mobil

The Henrico County-based insurance giant reported second-quarter earnings of $42 million, or 8 cents a diluted share, compared with a loss in the year-earlier period of $50 million, or 11 cents a share.

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