Wednesday, May 17, 2006

Lex: Merrill Lynch (FT.com)


Merrill Lynch is running hard. A 28 per cent revenue increase in the first quarter put it ahead of most Wall Street peers. Revenues from equity and debt markets and investment banking all grew strongly.


Monday, May 15, 2006

[$$] NACF and Hana in talks to bid for LG Card (at FT.com)


South Korea's National Agricultural Cooperative Federation and Hana Financial Group said on Monday they would bid for LG Card, the country's largest credit card issuer.


Saturday, May 13, 2006

Northeast Indiana Bancorp, Inc. Announces First Quarter Earnings (PR Newswire)


Northeast Indiana Bancorp, Inc. , the parent company of First Federal Savings Bank, has announced net income of $448,000 for the first quarter ended March 31, 2006 compared to $399,000 for the first quarter ended March 31, 2005.


Friday, May 12, 2006

"Day in the Work Life": Art Appraiser


On this week's "A Day In the Work Life" -- our look at how folks trade their time for money -- we color outside the lines with an art appraiser.


Freddie Mac to pay $3.8 million over election law violations (at MarketWatch)


Mortgage finance giant Freddie Mac will pay the government $3.8 million to settle charges it broke federal election laws by hosting political fundraisers.


Thursday, May 11, 2006

Savings plan 'not for beer and pizza' but quenching education expense


Although the future tax status of Section 529 educational savings plans is uncertain, more parents and investors are using them.


Severn Bancorp, Inc. Announces Record First Quarter Earnings (PR Newswire)


Severn Bancorp, Inc., the parent company of Severn Savings Bank, FSB and Hyatt Commercial, today announced record earnings for the first quarter ended March 31, 2006.


MedAssist buys Nashville financial consulting firm


MedAssist Inc. has purchased Capstone Solutions LLC, a Nashville company that offers financial consulting services.


Fire closes Pinnacle's Green Hills branch


Pinnacle Financial Partners' branch on Crestmoor Road in the Green Hills has been closed temporarily due to a fire April 12.


Wednesday, May 10, 2006

E-Trade 1Q Profit Up 55 Pct. to $142.5M (AP)


E-Trade Financial Corp. said Wednesday its first-quarter profit jumped 55 percent, and the online brokerage boosted its full-year outlook, citing solid growth in customer cash, credit and assets.


Collector plays 'Pin debt on daughter'


A daughter is right to resist a collector who insists she pay her late mother's credit card bill, says the Debt Adviser.


China Bank Denies Bear Stearns Deal (AP)


SHANGHAI, China -- China Construction Bank on Tuesday denied a report that the state-controlled lender might invest up to $4 billion in a minority stake in Wall Street investment firm Bear Stearns Cos.


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