Archive for July, 2008

EDGAR Online Reports Second Quarter 2008 Revenues Increase 13 percent

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!XBRL Filings Revenue Increases by 177%
EDGAR(R) Online(R), Inc. (NASDAQ:EDGR) today announced that revenues increased 13% to $4.9 million for the quarter ended June 30, 2008, compared to $4.4 million for the same quarter last year. Total revenue [...]

The Conference Board Consumer Confidence Index Holds Steady

The Conference Board Consumer Confidence Index, which had declined in June, held steady in July. The Index now stands at 51.9 (1985=100), up slightly from 51.0 in June. The Present Situation Index was virtually unchanged at 65.3 versus 65.4 last month. The Expectations Index increased moderately to 43.0 from 41.4 in June.
The Consumer Confidence Survey [...]

Associated Estates Realty Corporation Reports Second Quarter Results

Company Raises Full-Year Guidance
Associated Estates Realty Corporation (NYSE:AEC) (NASDAQ:AEC) today reported a net loss available to common shareholders of $1.4 million or $0.09 per common share (basic and diluted), for the second quarter ended June 30, 2008, compared with net income available to common shareholders of [...]

Consumers are Confident in the Financial Strength of Their Own Bank

Based on a nationally representative sample, a full 87 percent of consumers are confident in the financial strength of their primary personal bank. A very large percentage of small business owners (79 percent) also report that they are confident in the financial strength of their personal bank, which is usually the same as their business [...]

Next Investments Going Strong with Suite of Currency-Based ETFs

Firm behind eight CurrencyShares ETFs offered by Rydex Investments, with $4 billion in investor assets since end of 2005 - best pure play for international investing, from euro, pound and yen to peso, krona and franc, plus Australian and Canadian dollars
Investors looking for the best pure play into international markets — without the uncertainty [...]

First Financial Bank Sweetwater to Open New Bank Office in Merkel, Texas

First Financial Bank, N.A., Sweetwater, today announced plans to open a new branch bank in Merkel, Texas. First Financial Bank Sweetwater is a subsidiary of First Financial Bankshares, Inc. (NASDAQ:FFIN) .
The new Merkel branch will be First Financial Bank’s fourth location. It operates banks in Sweetwater, Roby [...]

Banking Department to Require Licenses for Internet Payday Lenders

Companies Have Until Feb. 1 to Comply or Face Penalties
Secretary of Banking Steve Kaplan announced today that Internet payday lenders and other out-of-state companies that make consumer loans to Pennsylvania residents will need to be licensed by the Department of Banking and comply with state laws.
“Pennsylvania consumers should be protected by Pennsylvania laws regardless [...]

Banc of America Securities Announces Support of Covered Bond Market

Banc of America Securities LLC, the broker-dealer and wholly owned subsidiary of Bank of America Corporation, today announced its support for the development of a covered bond market in the United States.
The support follows the framework outlined in the Federal Deposit Insurance Corporation’s (FDIC) July 15 covered bond policy statement * and the Best Practices [...]

Make Your Newly Purchased Home a Breath of Fresh Air

DUCTZ recommends all new homeowners have duct system inspected
The National Association of Realtors states that summer is the most popular time of year to buy a home, and even in a deflated housing market, lower prices afford many the opportunity to become a homeowner. With this in mind, DUCTZ Indoor Air Professionals is letting [...]

Real Estate Roundtable Urges Swift Senate Approval of Housing Relief-GSE Backstop Plan

Real Estate Roundtable President and CEO Jeffrey D. DeBoer issued the following statement regarding the House-passed housing relief bill now awaiting final action in the Senate:
“This week’s House vote on housing relief legislation — including a reinforced financial backstop and enhanced oversight for GSEs Fannie Mae and Freddie Mac —- was a welcome step that [...]