Two FDIC community bank closures first in Arizona since 鈥02
Trying to stem potential losses that will further deplete coffers, federal regulators have placed a bull鈥檚-eye on Arizona community banks reeling from bad lending decisions during the real estate boom. feeds.bizjournals.com |
Former Stanford CFO pleads guilty to $7B fraud
Stanford Financial Group鈥檚 former CFO pleaded guilty Thursday to fraud and obstruction charges stemming from a $7 billion scheme to defraud investors. feeds.bizjournals.com |
United Airlines prices $659 million debt offering (AP)
United Airlines said Tuesday it priced $659 million of debt, most of which will be used to pay off old debt from 2001. The Chicago-based carrier is borrowing against 31 airplanes. It said the debt offering will have an interest rate of 10.4 percent and will mature Nov. 1, 2016. us.rd.yahoo.com |
Tupperware shares up on higher profit, outlook (AP)
Shares of Tupperware Brands Corp. jumped on Wednesday, a day after it said that its third-quarter profit rose and it raised its full-year earnings estimate. us.rd.yahoo.com |
Getting Bullish On Builders
The XHB is seeing action to the upside as investors wager on a sustained housing recovery. forbes.com |