Category: Banking

The Next Financial Crisis Might Be in Your Driveway

Lured by low interest rates, low gas prices, and a crop of seductive vehicles that are faster, smarter, and more efficient than ever before, American drivers are increasingly riding in style. Don’t be fooled by the curb appeal, though-those swanky machines are heavily leveraged.  The country’s auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end car shopping pushed vehicle loans to a dubious peak of $1.16 trillion.

Auto Draft

‘s stock had its “hold” rating restated by SunTrust Banks, Inc. in a research report issued to clients and investors on Wednesday. A number of other equities analysts have also recently commented on the stock.

Press release distribution, EDGAR filing, XBRL, regulatory filings

The repor… )–Outrigger Energy LLC and certain of its partners and affiliates, today announced the signing of definitive agreements with a subsidiary of Targa Resources Cor… )–Universal Display Corporation announced that Sidney Rosenblatt, EVP & CFO, will present at the Goldman Sachs Technology and Internet Conference on Wednesday, February … )–Alcoa Corporation : 4Q 2016 Results1 Net loss of $125 million, or $ per share, as a result of costs to streamline portfolio Excluding special items, adjust… )–Wells Fargo & Company today announced a quarterly common stock dividend of $0.38 per share.

Press release distribution, EDGAR filing, XBRL, regulatory filings

First Defiance Financial Corp. Reports Record Full Year Earnings of $3.19 Per Share for 2016, Up 13.1% from Full Year 2015 )–First Defiance Financial Corp. Reports Record Full Year Earnings of $3.19 Per Share for 2016, Up 13.1% from Full Year 2015 )–Hilton a annoncA aujourd’hui le lancement d’une nouvelle marque dynamique proposant un choix inA dit de sA jours en hA tel indA pendant: Tapestry Collecti… )–Moody’s Analytics issuance and reporting tools have been selected by Pepper Group, one of Australia’s leading issuers of securitised transactions.

Press release distribution, EDGAR filing, XBRL, regulatory filings

First Defiance Financial Corp. Reports Record Full Year Earnings of $3.19 Per Share for 2016, Up 13.1% from Full Year 2015 )–First Defiance Financial Corp. Reports Record Full Year Earnings of $3.19 Per Share for 2016, Up 13.1% from Full Year 2015 )–Hilton a annoncA aujourd’hui le lancement d’une nouvelle marque dynamique proposant un choix inA dit de sA jours en hA tel indA pendant: Tapestry Collecti… )–Moody’s Analytics issuance and reporting tools have been selected by Pepper Group, one of Australia’s leading issuers of securitised transactions.

Trump Set for – Antagonistic’ China Relations, Citigroup Says

Donald Trump’s administration may be on course for a fraught relationship with China amid disputes over trade policy, according to Citigroup Inc., which warned the new U.S. government could introduce more protectionist measures against manufactured goods from Asia’s top economy. “There are growing signs that the Trump administration is heading for antagonistic relations with China,” the bank said in a report that examined how commodities including metals and farm goods may fare in the upcoming lunar year.

CBM Review Standard

Whether a patent qualifies for a CBM review has been a moving target. Early decisions held that the claims do not need to be directed to a “financial product or service,” since a reference in the specification to a financial use may be sufficient.

USAID Project supports seed sector

The Feed the Future-Ghana Agriculture Technology Transfer Project is partnering reputable financial institutions in northern Ghana with a loan programme of $ 9 million to stimulate improved seed production, processing, and marketing. The programme is to fuel the nascent private sector seed business that serves farmers in Upper East, Upper West, and Northern Regions.

Rio Gives Up on Olympic Pledge as Bay Clean-Up Workers Fired

Rio de Janeiro is abandoning its promise to treat the raw sewage polluting the Guanabara Bay as workers building a pipeline network and treatment plant are being fired and the state sinks into fiscal crisis. A $450 million loan agreement with the Inter-American Development Bank to build the infrastructure needed to collect and treat sewage will expire in March and the Brazilian Treasury won’t allow its extension, according to Rio’s environment secretariat.