The average college education costs between $5,000 and $40,000 per year. Students with a high grade point average can apply for different scholarships to assist with the cost. Commercial federal banks offer this type of scholarship for graduating high school seniors. ...read more
When the economy tanked in the early 2000s most people began to worry about the state of their bank's health. At the present time, however, banks are beginning to stabilize and hire more workers as they iron out the remaining wrinkles in their business. Those interested in banking should have a wide range of options to choose from regarding which position they end up accepting. ...read more
Banks and credit unions have been in the news a lot lately for many reasons. This has led many people to wonder if there are any difference between a bank and a credit union and have started to compare banks with credit unions. The two has similarities, but then they also have many differences as well. ...read more
Banking has evolved with the rise in Internet usage because it is more convenient to manage bank accounts online. Bank customers have the option to set up an account with an online only bank or a local bank that offers online services. ...read more
Because many people residing in the United states have family, friends and businesses in other countries, sending money by international bank transfer has become commonplace. Known as an international wire transfer, it is a fairly simple process and is the safest way of sending money out of the country. The transaction entails sending funds from a U.S. bank account to a foreign bank account, and all that is needed is the recipient’s banking information. ...read more
Saving for a rainy day is a wise financial move, but things happen and sometimes money has to be withdrawn from savings. There are several ways to withdraw money from a savings account, depending on how the account is set up and the type of financial institution in which the savings account is held. ...read more
Interest rates on personal loans are affected by three components. They are personal FICO scores, Federal Discount Interest Rate, and the bank where you choose to do business. By understanding how these three components work with each other, you can save time and effort by applying for personal loans. ...read more
You might be wondering why you would choose a banking career over other fields. Working for banks offers several positions all in the same field with opportunities to learn new jobs and grow. You can work as part of the support staff or do clerical jobs, computer related work or start with an entry-level job as a teller. With extra education, you can reach for managerial positions in accounting, loans and public relations. ...read more
A credit union is an exclusive financial institution that provides services to groups of people with some sort of common interest. Credit unions generally offer lower fees than the regular banks. If you have the privilege of being able to join a credit union, choose one that best suits you. ...read more
Tracking finances can become complicated once a business grows to the point where there are multiple payments coming in and out. Each time a payment flows in, it must be recorded correctly in the bank ledger as a bank memo credit. It is inevitable that there will be a mistake in the ledger someday, and it will have to be corrected as quickly as possible. ...read more
If you have been looking for a career that offers you several job choices, you might consider a career in the banking industry. Most people automatically think of teller jobs when discussing banking careers never realizing all the other opportunities. Running a bank requires cashiers, branch managers, sales associates, financial advisers, assistant managers, office personnel and an entire support system. Learn about the types of business banking careers and potential options for jobs. ...read more
Preparation for banking careers means getting your high school diploma for entry-level jobs or obtaining a degree for higher paying managerial or executive positions. The majority of banking jobs are those of support and administrative jobs not requiring as much education. Most jobs in commercial banks provide on the job training and may offer tuition aid programs. Learn what steps you can take in preparation for a new career in the banking industry. ...read more
Bank fees for checking accounts can add up every month and become very expensive. To avoid these fees make sure that your checking account is right for your needs. Also, consider using electronic banking to eliminate charges associated with paper check processing. ...read more
If you have a bank job you should make sure that you dress yourself well to make a good impression and to ensure that you are following the bank's dress code. Make sure to choose clothing that is professional and conservative. Also, choose clothing items that are clean and free of wrinkles for the best business look. ...read more
Most every checking account at a bank has a bank card that allows you to pull cash from ATMs, make purchases online and purchase items in the store at the checkout line without using cash. There are several pros and cons to using your bank card, some of which people don't think of at the time. ...read more
China Becomes Worlds Large Oil Importer.According to the most recent EIA data China has become the world̢۪s largest oil importer, surpassing the U.S. China's incoming shipments rose to 6.12 million bpd in December, while U.S. imports fell to 5.98 million bpd. This was the lowest level since February 1992. Upgrades Charles Schwab (SCHW):Bernstein raised their rating from Market Perform toOutperformand placed a target price of $23.00 on the company.Pre-market: 16.51 +0.11 (0.67%) Dean Foods (DF):Key Bank raised their rating from Hold toBuyand placed a target price of $21.00 on the company. Downgrades Duke Energy (DUK): ISI Group lowered their rating from Buy to Neutral. Neutral Foster Wheeler (FWLT):Stifel Nicolaus lowered their rating from Buy toHold. McDermott International (MDR):Global Hunter lowered their rating from Buy toNeutraland lowered their target price from $14.00 to $11.00. McDermott International (MDR):Key Bank their rating from Buy toHold. Southern Co. (SO):Citigroup lowered their rating from Buy toNeutraland lowered their target price from $48.00 to $46.00.Pre-market: 44.52 -0.31 (-0.69%) Coverage Initiated Coach (COH):Sterne Agee initiated coverage with aBuyrating and target price of $58.00. Gap (GPS):Sterne Agee initiated coverage with anUnderperformrating and target price of $29.00. Ross Stores (ROST):Sterne Agee initiated coverage with aNeutralrating and target price of $61.00. Tiffany&Co. (TIF):Sterne Agee initiated coverage with aNeutralrating and target price of $68.00. TJX Cos. (TJX):Sterne Agee initiated coverage with aBuyrating and target price of $50.00. Coverage Reiterated/Price Target Changed Celgene (CELG):Cantor Fitzgeraldreiterated theirBuyrating and raised their target price from $115.00 to $121.00. Pre-market: 103.90 -1.72 (-1.63%) Earning Reports Boyd Gaming (BYD):Reported EPS of -$0.31 missing estimates by -$0.18. Transocean (RIG):Reported EPS of $0.91 beating estimates by +$0.11.Pre-market: 53.50 +1.35 (2.59%) Markets: Futures at 7:00: Dow -0.39%. S&P; -0.33%. Nasdaq -0.46%. Crude -0.11%to $90.58. Gold +0.22% to $1575.80. Europe:London -0.42%. Paris +0.19%. Frankfurt -0.32%. Asia:Japan +0.40% to 11652. Hong Kong -1.50% to 22538. China-3.62% to 2273. India -0.21% to 18878. ...read more
By RL Paler Investment Advisors, LLC March 04, 2013
Android Phones Dominate iPhone.Google’s (GOOG) Android based phones are widening their dominance over Apple’s (AAPL) iPhone. Technology research company Gartner reports that in Q4 Android smartphones market share rose to 69.7% from 51.3% in 2011, while Apple's iOS declined to 20.9% from 23.6%.AAPLPre-market: 468.90 +1.00 (0.21%)GOOGPre-market: 781.58 +0.88 (0.11%) Upgrades Avon Products (AVP):B. Riley Caris raised their rating from Neutral toBuy.Pre-market: 20.85 +0.06 (0.29%) Comcast (CMCSA):Credit Suisse raised their rating from Neutral toOutperform and raised their target price from $40.00 to $48.00.Pre-market: 42.10 +3.13 (8.03%) Western Union (WU):Compass Point raised their rating from Sell toNeutral.Pre-market: 14.00 -0.34 (-2.37%) Western Union (WU):CLSA raised their rating from Sell toUnderperform.Pre-market: 14.00 -0.34 (-2.37%) Zimmer Holdings(ZMH):Argusraised their rating from Hold toBuyand placed a target price of $90.00 on the company. Downgrades Dell (DELL):Maxim lowered their rating from Buy toHoldand placed a target price of $13.65 on the company.Pre-market: 13.78 -0.01 (-0.07%) Dell (DELL):Bernstein lowered their rating from Outperform toMarket Performand placed a target price of $13.65 on the company.Pre-market: 13.78 -0.01 (-0.07%) Fossil(FOSL):FBR Capitallowered their rating from Market Perform toUnderperformand placed a target price of $95.00 on the company. Pre-market: 107.99 -2.66 (-2.40%) HJ Heinz (HNZ):UBS lowered their rating from Buy toNeutraland maintained their target price of $62.00.Pre-market: 60.15 -0.73 (-1.20%) WellPoint (WLP):Monness Crespi lowered their rating from Buy toNeutral.Pre-market: 64.50 -1.51 (-2.29%) Earning Reports Calpine (CPN):Reported EPS of $0.22 beating estimates by +$0.26. Dean Foods (DF):Reported EPS of $0.20 missing estimates by -$0.10.Pre-market: 17.49 -0.90 (-4.89%) Deere(DE):Reported EPS of $1.65 beating estimates by +$0.25.Pre-market: 93.70 -0.27 (-0.29%) Dr Pepper Snapple (DPS):Reported EPS of $0.82 missing estimates by -$0.03. Henry Schein (HSIC):Reported EPS of $1.26 beating estimates by +$0.06. Thomson Reuters(TRI):Reported EPS of $0.60 beating estimates by +$0.04. Vonage (VG):Reported EPS of $0.10 beating estimates by +$0.04.Pre-market: 2.60 +0.18 (7.44%) Markets: Futures at 8:00: Dow +0.14%. S&P; +0.20%. Nasdaq +0.28%. Crude+0.42% to $97.91. Gold -0.16% to $1647.10. Europe:London +0.18%. Paris+0.25%. Frankfurt +0.25%. Asia:Japan -1.04% to 11251. Hong Kong, China closed. India +0.24% to 19608. ...read more
By RL Paler Investment Advisors, LLC February 13, 2013
Facebook to be added to NASDAQ 100.The social media site Facebook (FB) will be added to the NASDAQ 100 index next Wednesday. The company will replace Infosys (INFY), which is moving to the NYSE. FB Pre-market: 27.88 +0.42 (1.53%)INFYPre-market: 43.71 -0.32 (-0.73%) Upgrades Tupperware(TUP):Argus raised their rating from Hold toBuyand placed a target price of $72.00 on the company. American International (AIG):Argus raised their rating from Hold toBuyand placed a target price of $40.00 on the company. Pre-market: 33.63 +0.31 (0.93%) Bob Evens Farms (BOBE):KeyBancraised their rating from Hold toBuyand placed a target price of $45.00 on the company. Waste Management (WM):Goldman Sachs raised their rating from Neutral toBuyand raised their target price from $33.00 to $42.00.Pre-market: 33.23 +0.60 (1.84%) PNC Financial (PNC):Compass Point raised their rating from Neutral toBuy.Pre-market: 55.40 +0.32 (0.58%) Downgrades NVIDIA(NVDA):Oppenheimerlowered their rating from Outperform toPerform. Pre-market: 11.90 -0.20 (-1.61%) Liberty Media (LMCA):Wunderlichlowered their rating from Buy toHoldand lowered their target price from $117.00 to $110.00. Intel (INTC):Raymond James lowered their rating from Market Perform toUnderperform. Pre-market: 19.91 -0.06 (-0.30%) Coverage Initiated Honeywell(HON):Stifel Nicolausinitiated coverage with aBuyrating and target price of $72.00. Pre-market: 60.65 +0.13 (0.21%) Cummins(CMI):Robert W. Bairdinitiated coverage with anOutperformrating and target price of $119.00. Pre-market: 98.73 +1.42 (1.46%) United Technologies (UTX):Goldman Sachs initiated coverage with aNeutralrating and target price of $84.00. Earning Reports Pandora Media (P):Reported EPS of $0.05 beating estimates by +$0.04. Pre-market: 7.97 -1.48 (-15.66%) Brown-Forman(BF.B):Reported EPS of $0.80 beating estimates by +$0.02. Toro (TTC):Reported EPS of $0.00 beating estimates by +$0.01. Markets: Futures at 7:45: Dow +0.43%. S&P; +0.21%. Nasdaq +0.04%. Crude +0.11%to $88.60. Gold +0.37% to $1702. Europe:London +0.18%. Paris +0.26%. Frankfurt +0.20%. Asia:Japan +0.39%. Hong Kong +2.16%. China +2.87%. India +0.23%. ...read more
By RL Paler Investment Advisors, LLC December 05, 2012