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Latest Middle Atlantic U.S. Banking News

  • Citigroup $2.5bn loss soothes investors 18 Jul 2008 15:16 GMT
    ... president of Princeton Financial Group in Princeton, New Jersey. "There appears to be a bandage on the ... Fund Management in London. Citigroup's securities and banking unit took $7.2 billion of write-downs. This ... real estate, leveraged finance and "Alt-A" mortgages. The bank also increased credit costs by $4.5 billion, ...

  • Erie Insurance Earns Top J.D. Power Customer Satisfaction Award 18 Jul 2008 15:14 GMT
    ... Erie Insurance Earns Top J.D. Power Customer Satisfaction Award Erie ... Best Company, Erie Insurance Group, based inErie, Pennsylvania, is the 16th largest automobile insurer in ... unit of The McGraw-Hill Companies. Tags: Insurance, Banking and Finance, wisconsin, pennsylvania, california Erie Insurance ...

  • Post Office Employees Credit Union Selects SEDONA MRM Technology and Services 18 Jul 2008 14:50 GMT
    ... Post Office Employees Credit Union Selects SEDONA MRM Technology and ... 2008, PRNewswire Copyright © 2008, NewsBlaze, Tags: Banking and Finance, , pennsylvania, louisiana Post Office Employees Credit Union Selects ...

  • BUYINS.NET: CFN, JNEXF, GKNLY Have Also Been Added To Naked Short List Today 18 Jul 2008 14:21 GMT
    ... Jul 18, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced ... National Bank that provides commercial and retail banking services to individual, businesses, and government customers ... to individual, businesses, and government customers in Pennsylvania. It accepts savings accounts, NOW accounts, money ...

  • BUYINS.NET: GOL, RDN, PKT, BPHX, BRLC, CMRG Have Also Been Added To Naked Short List Today 18 Jul 2008 14:21 GMT
    ... Jul 18, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced ... such as mortgage bankers, mortgage brokers, commercial banks, and savings institutions. The Financial Guaranty segment ... 1999. The company is headquartered in Philadelphia, Pennsylvania. With 80.43 million shares outstanding and 13.27 ...

  • Wilmers berated by Harlem residents at first meeting as state's economic development czar 18 Jul 2008 14:19 GMT
    ... NEW YORK— Robert G. Wilmers went to his first ... expect from the job. The millionaire Buffalo banker, tapped by Gov. David A. Paterson to ... the state's souring economy. “The challenges are New York State's challenges,” he said of the state's ...

  • Next Inning Technology Updates Outlooks for National Semiconductor, International Rectifier, Zoran, and ARM Holdings 18 Jul 2008 14:19 GMT
    ... Next Inning Technology Research, +1-888-278-5515 Copyright © 2008, PRNewswire Copyright © 2008, NewsBlaze, Tags: Banking and Finance, , new jersey, pennsylvania Next Inning Technology Updates Outlooks for National Semiconductor, International Rectifier, Zoran, and ARM Holdings ...

  • Higher open seen as Citi results soothe 18 Jul 2008 14:15 GMT
    ... and the dollar to rise.

    the bank numbers that have come out, it appears ... it appears the numbers that people were banking on were those of Citigroup," said Andre ... president of Princeton Financial Group in Princeton, New Jersey.

  • Trina Solar Prices $120 Million of Convertible Senior Notes and Up to 4,073,194 American Depositary Shares 18 Jul 2008 14:13 GMT
    ... by an affiliate (the "ADS Borrower") of Credit Suisse Securities (USA) LLC, one of the ... Attention: Prospectus Department, 100 Plaza One,Jersey City, New Jersey 07311, telephone: (800) 503-4611 or e-mail at . ... Gas and Energy, Utilities, Computers and Electronics, Banking and Finance, Trina Solar Prices $120 Million of ...

  • US STOCKS-Higher open seen as Citi results soothe 18 Jul 2008 14:12 GMT
    ... and the dollar to rise. "Of all the bank numbers that have come out, it appears ... it appears the numbers that people were banking on were those of Citigroup," said Andre ... president of Princeton Financial Group in Princeton, New Jersey. ...

  • Zillow.com(R) Announces Broker Advisory Board; Appoints Influential Real Estate Industry Leaders 18 Jul 2008 13:58 GMT
    ... the premier full-service real estate brokerages in New Jersey and the New York metropolitan area and ... most recently Chief Operating Officer for Coldwell Banker Real Estate LLC. Overall, Sherry has more ... homeowners, buyers, sellers, real estate agents and mortgage professionals find and share vital information about ...

  • Business Briefing - July 18, 2008 18 Jul 2008 13:58 GMT
    ... Community College's Electrotechnology Applications Center has been awarded a ... the Department of Environmental Protection to show Pennsylvania manufacturers how they can reduce volatile organic ... failed during the credit crisis when investment banks stopped buying; the paper was seen as ...

  • Citigroup loss is smaller than expected 18 Jul 2008 13:54 GMT
    ... totalled 54 cents per share, and was the bank's third straight quarterly loss. It compared with ... billion of write-downs at its securities and banking unit included $3.5 billion from subprime mortgages, ... president of Princeton Financial Group in Princeton, New Jersey. "There appears to be a bandage on the ...

  • Citigroup $2.5 billion loss soothes investors 18 Jul 2008 13:47 GMT
    ... president of Princeton Financial Group in Princeton, New Jersey. "There appears to be a bandage on the ... rose above 4 percent. Citigroup's securities and banking unit took $7.2 billion of write-downs. This ... real estate, leveraged finance and "Alt-A" mortgages. The bank also increased credit costs by $4.5 billion, ...

  • West Virginia Bank on Private List of Those Troubled Bank Successor to First National Keystone 18 Jul 2008 13:18 GMT
    ... has a closely held list of 90 banks. Those are staying unknown to the masses, ... an old schoolhouse filled with boxes of banking records was emptied when a truck bed. ... site lists branches in Florida, New York, New Jersey, Ohio, Vermont, and Virginia. In fairness to the ...

  • Wilmington Trust Announces 2008 Second Quarter Results 18 Jul 2008 13:17 GMT
    ... second quarter 2008 results -- The Regional Banking business added $483.0 million of loans during ... A luxury home development in Montgomery County, Pennsylvania. In the 2008 second quarter, approximately $4.5 ... average of 5.5%. Unemployment rates in Pennsylvania, New Jersey, and Maryland were also below the U.S. average. -- ...

  • Wilmers' first board meeting no picnic 18 Jul 2008 13:15 GMT
    ... NEW YORK— Robert G. Wilmers went to his first ... expect from the job. The millionaire Buffalo banker, tapped by Gov. David A. Paterson to ... the state's souring economy. “The challenges are New York State's challenges,” he said of the state's ...

  • Honeywell Reports Second Quarter Sales Up 13% to $9.7 Billion and Earnings Up 23% to $0.96 Per Share 18 Jul 2008 13:04 GMT
    ... the impact that this cash flow has on our liquidity. Tags: Computers and Electronics, Banking and Finance, new jersey Honeywell Reports Second Quarter Sales Up 13% to $9.7 Billion and Earnings Up 23% to ...

  • Teva to Acquire Barr 18 Jul 2008 12:55 GMT
    ... become available. Copyright © 2008, PRNewswire Copyright © 2008, NewsBlaze, Tags: Pharmaceuticals, Biotechnology, Healthcare, Banking and Finance, Health, new jersey '> ...

  • Futures cut losses after Citigroup results 18 Jul 2008 12:52 GMT
    ... and the dollar to rise. "Of all the bank numbers that have come out, it appears ... it appears the numbers that people were banking on were those of Citigroup," said Andre ... president of Princeton Financial Group in Princeton, New Jersey. "With Citigroup reporting a smaller-than-expected loss, it appears ...

  • Commercial National Achieves Core Earnings Growth of 34% for Second Quarter and 22% for First Half 18 Jul 2008 11:53 GMT
    ... Commercial National Achieves Core Earnings Growth of 34% for ... stream to shareholders." In addition to Latrobe, Pennsylvania where it is headquartered, the Company operates community-banking facilities in Greensburg, Hempfield Township, Ligonier, North ...

  • BUYINS.NET: AU, SSP, AMIE, CALP, CGRB, FBTX Have Been Removed From Naked Short List Today 18 Jul 2008 10:16 GMT
    ... Jul 18, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, www.buyins.net, announced ... S.S.B., a savings bank that provides community banking products and services, and commercial banking services ... commercial lending offices in Florida, Arizona, Michigan, Pennsylvania, Colorado, California, and Washington D.C.; and 37 ...

  • Region sidesteps banking woes 18 Jul 2008 09:09 GMT
    ... PNC's rising earnings lead the way as city remains largely ... about solvency of mortgage lenders nationwide. Southwestern Pennsylvania, in fact, remains largely immune from the ... where the problem banks are today," said banking analyst Gerard Cassidy of RBC Capital Markets ...

  • First Commonwealth Financial Corp, Q2 2008 Earnings Call Transcript 18 Jul 2008 05:54 GMT
    ... Hello and welcome to the First Commonwealth Financial Corporation Second ... believe Mike and the rest of our banking unit will continue to strengthen this foundation ... to become the best community bank in Pennsylvania. You know, I think our second quarter ...

  • Bank of New York Mellon expects credit crisis to persist 18 Jul 2008 05:54 GMT
    ... Bank of New York Mellon CEO Robert Kelly said Thursday that ... extend into next year and that the banking industry will continue to suffer from problem ... continuation of "strong educational institutions in Southwestern Pennsylvania." ...


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