-
Beware the Far-Reaching Nature of Fin-Reg (XOM, MUR, APC)
Wednesday, August 11, 2010 - 11:35am | 168Read More...The Wall Street Journal is reporting this morning that insiders in the Energy sector are hitting the ceiling this morning as they find out that the recently passed Dodd-Frank Act will have implications that reach much further than the financial sector. Apparently one provision in the bill orders...
-
For Profit Education Names Soar; Time to Sell? (COCO, APOL, ESI)
Monday, July 19, 2010 - 10:24am | 602Read More...Many of the for-profit education names are soaring this morning on no apparent news. There has been some chatter about less harsh regulation for the space, though nothing has been confirmed. To name a few of the greatest movers: • Apollo Group (NASDAQ: APOL) is currently higher by 8.01%, trading at...
-
Wells Fargo Sheds Consumer Finance Unit; Customers, Employees the Ones Hurt (WFC)
Thursday, July 8, 2010 - 9:27am | 219Read More...Wells Fargo (NYSE: WFC) announced that it would be shutting down its consumer finance unit this year, eliminating 3,800 jobs or roughly 1.4% of its work force. The bank is nixing the 100-year-old operation on the heels of the fin-reg bill, which is forcing banks to become smaller and take fewer...
