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5 HOURS AGO - TheStreet

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Three Regional Lenders With Dividends That Top JPM, USB and WFC

NEW YORK (TheStreet) -- Recent history has proved that money center lenders such as Bank of America , Citigroup and PNC Financial can no longer be counted on as reliable income stocks. During the Great Recession, all drastically slashed the dividend payment to shareholders. JPMorgan , U.S. Bancorp and Wells Fargo all reduced dividends, too, but by lesser amounts. Smaller ...

Tags: Three Regional Lenders With Dividends That Top JPM, USB and WFC,  Best Buy Latest News

6 HOURS AGO - Zero Hedge

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Goldman's Special Purpose Tentacle Revealed In Europe's Latest Bank Failure

The day that Banco Espirito Santo finally crashed and was liquidated nationalized under the weight of its countless criminal "inside the family" fund transfers, money losing loans, and off balance sheet activities, we pointed out to something amusing: the Goldman trail. Because not only was it revealed that in mid-July, two weeks before the Portuguese bank conglomerate failed, Goldman had ...

Tags: Goldman's Special Purpose Tentacle Revealed In Europe's Latest Bank Failure,  Best Buy Latest News

9 HOURS AGO - TheStreet

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Alibaba IPO Comes With Unusual Structure

By Joe McDonalda BEIJING -- Foreigners who want to buy Alibaba Group shares in the Chinese e-commerce giant's U.S. public offering will need to get comfortable with an unusual business structure. Alibaba's online and mobile commerce businesses will be controlled by a "variable interest entity,"aan arrangement meant to allow investors to buy into Internet and other businesses in which Beijing ...

Tags: Alibaba IPO Comes With Unusual Structure,  Best Buy Latest News

9 HOURS AGO - Zero Hedge

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The Great Deformation

From the Slope of Hope: This is going to be a review of David Stockman's 768-page tome The Great Deformation, and  although I never thought it was possible, it makes me angry to write this book review. I'm not angry because I don't like the book. On the contrary, this is the best economics book I've ever read. Indeed, it may be the ...

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13 HOURS AGO - TheStreet

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The 3 Best Items to Buy on Labor Day

PORTLAND, Ore. (TheStreet) – If you have to spend your Labor Day out shopping, it's best to know where the deals are before everyone with a circular or a spam email gets to them as well. The retail cycle doesn't care about your vacation spending, kids's summer camps or back-to-school shopping. It wants its seasonal cut or else. Last year, ...

Tags: The 3 Best Items to Buy on Labor Day,  Best Buy Latest News