Archive for July, 2008

JPMorgan Chase Announces Completion of Internal Restructuring Transactions Related to Bear Stearns Acquisition

New York, July 31, 2008 - JPMorgan Chase & Co. (NYSE: JPM) announced today that it completed its previously announced internal restructuring transactions related to the acquisition of The Bear Stearns Companies LLC (formerly known as The Bear Stearns Companies Inc.). On July 31, 2008, in connection with the transfer to JPMorgan Chase [...]


How Can Credit Card Consolidation Be Of A Beneficial Advantage To You?

If you are one of the several people in this world struggling with bad credit and financial difficulties you are not alone. Approximately sixty-five percent of Americans are in debt and could use a safe and reliable solution to get their credit back on track. This is why many credit card owners in debt [...]


Bank of America Announces Investment in Green Technology

Innovative heating and cooling service technologies expected to reduce bank’s energy costs and carbon footprint by 50% more than traditional service methods
CHARLOTTE, N.C., July 30 /PRNewswire/ — Bank of America today announced a strategic investment in Philadelphia-based technology and services company Field Diagnostic Services, Inc. (FDSI), and plans to deploy the firm’s energy management system [...]


American Express Travel Survey Finds Pursuing Personal Interests Drives Travel Despite Current Economic Conditions

From Food to Music to Sporting Events, 87% of Respondents Indicate that Travel Involving Personal Interests Will Remain the Same or Increase Over the Next Two Years
NEW YORK, July 29, 2008 — From jetting overseas for a culinary experience to a desire to learn life-enriching skills while on vacation, travelers are intent on continuing to [...]


Many Wealthy Americans More Satisfied with Their Alternative Investments Than Traditional Investments During Last 12 Months

Bank of America Survey of High Net Worth Indicates Investors Understand Risk and Rewards, But Want Oversight and Assurance
BOSTON, July 29 /PRNewswire/ — Many wealthy individuals who held alternative investments expressed greater satisfaction over the last 12 months with every category of alternatives, including hedge funds, venture capital, real estate and private equity, than their [...]


American Express and Concur Enter Into Exclusive Alliance to Offer Corporate Clients T&E Expense Management Services

American Express Takes a 13% Equity Stake in Concur
NEW YORK, July 29, 2008 — American Express Company and Concur Technologies, Inc., a leading provider of on-demand T&E expense management services, today announced that they have entered into an alliance involving both an exclusive marketing partnership and a strategic investment by American Express in Concur.
Through the [...]


Credit Card Choices Can Be So Confusing!

My goodness have you looked into the various credit card choices that are available today? This one may have a low interest rate, but a ridiculous annual fee, and that one may have no black out dates for air travel, but can only be used every third Wednesday of the month. Or what [...]


American Express Business Travel to Launch BusinessTravelConnexion.com, a B2B Online Community

Online Network to Create the Business Travel Industry’s Premiere Destination for Relationship Building and Sharing Best Practices, Research and Industry News
LOS ANGELES, CA, July 28, 2008 — During a press conference today at the National Business Travel Association (NBTA) International Convention & Exposition, American Express Business Travel announced plans to launch a business-to-business online networking [...]


Bank of America, Citi, JPMorgan Chase and Wells Fargo & Company Announce Support for Covered Bond Statements from FDIC and U.S. Treasury Department

Large U.S. banks join together to support development of a U.S. covered bond market to supply stable mortgage funding
WASHINGTON, July 28 /PRNewswire/ — In a joint statement today, Bank of America, Citi, JPMorgan Chase and Wells Fargo announced their support for two recent regulatory efforts taken to promote the development of a U.S. covered bond [...]


Real Estate – Is This the Time To Buy?

Today’s volatile real estate market is making some individuals weary about investing in real estate. With the market in what some are calling a freefall – is this really the time to purchase real estate for your investment portfolio?
Foreclosures are up, interest rates are down, and renters are innumerable due to so many adjustable [...]


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