In an earlier article I wrote about the success of the TARP program. This $700 billion bailout government program is officially ending on Monday. According to a Wall Street Journal piece, more than 600 banks are still holding $65 billion of the bailout funds.Many of these banks are too weak to repay the government funds. …
Continue reading ‘600 Banks Have Not Yet Repaid TARP Funds’ »
SNL Financial recently published its ranking of publicly-listed companies which have strong insurance units. Banking giants Bank of America(BAC), Wells Fargo(WFC) and Triton Insurance, a subsidiary of Citigroup(C)Â appear in the top 10 list. These companies were selected based on the first quarter financial performance of their insurance divisions. The Top 10 Companies with Strong …
Continue reading ‘10 U.S. Public Companies With Strong Insurance Subsidiaries’ »
The official unemployment rate in August stood at 9.6% with the total number of unemployed persons at 14.9 million. The real unemployment rate U6 is much higher. With so many millions of people unemployed one would think that American firms would not have a problem recruiting workers for any open position. However that does not …
Continue reading ‘Are American Companies Facing A Labor Shortage?’ »
In addition to the dividend yields, the dividend growth rate is also one important factor when selecting stocks with the potential for strong growth in both dividends and price appreciation over the long-term. The table below lists 11 U.S. large caps that have grown their dividends at high rates over the past 10 years together …
Continue reading ‘11 Stocks With High 10-Year Dividend Growth Rates’ »
Financial crises can occur in anywhere. Some in the developed world have long had the view that financial crises only in less economically developed countries. The US-made credit crisis, Euro currency crisis, Greek debt crisis and others in the past few years have painfully shown that they are wrong. History shows that the developed world …
Continue reading ‘European Banking Crises and Associated Effects Since 1800’ »