Know What Is Going On!

January, 2015

Financial Stocks in Peril As Consumer Weakens

While financial stocks of all types have been lagging the broader market this year, the plight of the specialty finance subgroup is particularly disturbing. This is the home of credit cards, student loans and a variety of companies making small loans and cashing checks. If the economy is consumer driven and consumer credit is hurting […]

Email loses favor as Sony embarrassment changes worker habits

Companies such as Frontier, the Stamford, Connecticut-based provider of phone and data services, are tightening security policies as the damage mounts from the hacking attack on Sonys computers in November. The reckoning is pushing more US workers to go old-school, reverting to phone calls and face-to- face-meetings. Its also stoking a sense of self-discipline. I […]

Schwab-Pomerantz: Visionary wants financial security for all

If Carrie Schwab-Pomerantz had her way, there would be a US Department of Financial Security. Headed by a Cabinet-level appointee, the job would help Americans take better care of themselves in matters involving money. In making the appointment, she would want the president to say “financial literacy is a national cause.” It is a cause […]

5 Reasons Your Credit Card Application Got Rejected

Let’s face it: Finding a credit card that meets your needs can be challenging. If your application gets rejected, its natural to feel a little miffed – especially when youre not sure why you were denied. Here are five common reasons credit card applications get turned down, and what you can do about it. 1. […]

BBB: Secured credit cards can help rebuild credit

The Better Business Bureau of Acadiana is offering up some suggestions for those trying to rebuild bad credit as a result of financial difficulty or no credit for consumers such as recent college graduates.According to BBB Accredited Business nerdwallet.com of San Francisco, a good secured credit card can be a lifeline for those with bad […]

Magnolia conference will target small business development

The 2015 Southwest Arkansas Rural Business Enterprise and Development Forum will be held Saturday, January 31 in Magnolia. The Arkansas Human Development Corporation will host the forum, which is funded by the United States Department of Agriculture, Rural Development. Support and growth of small businesses in the southwest region of the state is the focus […]

Citizens Financial Earnings Rise on Loan Strength

Citizens Financial Group Inc. reported a 30% increase in fourth-quarter profit as strength in retail and commercial loans pushed up net interest income for the regional lender. The Providence, RI, firm that sold shares to the public in an initial offering late last year earned $197 million in the December quarter, up from $152 million […]

Bad bet: Caesars unit set to file for bankruptcy

Caesars Entertainment Corps operating unit will file for bankruptcy on Thursday in Chicago to carry out a $10 billion debt-cutting plan, according to a court filing by the largest US casino company. Some creditors of the operating unit, which runs 44 casinos, have filed an involuntary bankruptcy petition in Delaware this week. They asked the […]

How to Pay Off $10K in Debt Without Breaking a Sweat

Are you tired of paying credit card bills for things you no longer own? Do you wish you had an extra $200 in spending cash rather than a car payment? Does it depress you to think you might be among the┬ápeople who end up dying in debt? It doesn’t have to be that way. 2015 […]

Post-bankruptcy, new Specialty Hospital of Washington owners replace …

Specialty Hospital of America Washington-Hadley and Specialty Hospital of Washington-Capitol Hill, shown here. In addition to nursing homes, the facilities house the city’s only two long-term acute-care hospitals. Post-bankruptcy and sale of the hospitals, the top management team at the hospitals is being replaced by a new team of executives set to take over later […]

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