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<title><![CDATA[ Feedzilla: Top 20 news stories:  Category: 'industry' - Sub-category: 'Banking'  ]]> </title>
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<lastBuildDate>Wed, 9 Jul 2008 5:12:40 AM EST</lastBuildDate>
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<pubDate><![CDATA[ Wed, 9 Jul 2008 5:12:40 AM EST ]]></pubDate>
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<title><![CDATA[Mark Hulbert: Corporate insiders didn't sell into market's decline in June]]></title>
<description><![CDATA[ANNANDALE, Va. (MarketWatch) -- One of the most bearish signals that corporate insiders can send to investors is to sell their companies' shares into a declining market.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
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<pubDate>Wed, 09 Jul 2008 02:56:00 GMT</pubDate>
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<title><![CDATA[In tough times, 401(k)s make tempting targets you must resist]]></title>
<description><![CDATA[When prices are rising and bills are pressing, any available cash may seem like the perfect solution to a short-term crunch. And that means people switching jobs these days may be more tempted than ever to cash out their 401(k).<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
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<pubDate>Wed, 09 Jul 2008 01:19:00 GMT</pubDate>
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<title><![CDATA[VSB Bancorp: VSB Bancorp, Inc. Second Quarter 2008 Results of Operations]]></title>
<description><![CDATA[STATEN ISLAND, NY (MARKET WIRE)  VSB Bancorp, Inc. (NASDAQ: VSBN) reported net income of $426,275 for the second quarter of 2008, a 16.1% decrease from the second quarter of 2007. The following unaudited figures were released today. Pre-tax income was $793,067 in the second quarter of 2008, as compared to $951,258 for the second quarter of 2007, a decrease of $158,191, or 16.6%. Net income for the quarter was $426,275, or basic income of $0.23 per common share, as compared to a net income of $508,021, or $0.28 basic income per common share, for the quarter ended June 30, 2007.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www2.marketwire.com/mw/release_html_b1?release_id=414093&tsource=3]]></link>
<pubDate>Tue, 8 Jul 2008 22:51:00 GMT</pubDate>
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<title><![CDATA[Primary Residential Mortgage, Inc.: Primary Residential Mortgage, Inc. Watches Developments on FHA Down Payment Assistance Program]]></title>
<description><![CDATA[SALT LAKE CITY, UT (MARKET WIRE)  Efforts to ban seller-funded down payments on mortgage loans insured by the Federal Housing Administration (FHA) continue to be debated on Capitol Hill. The FHA argues that these programs inflate home prices and triple the chance that a home will end up in foreclosure. Supporters of these programs say that seller-funded down payments help many first-time homebuyers, including minorities.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www2.marketwire.com/mw/release_html_b1?release_id=414121&tsource=3]]></link>
<pubDate>Tue, 8 Jul 2008 22:10:00 GMT</pubDate>
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<title><![CDATA[Office Depot shares drop as much as 37% on lowered outlook]]></title>
<description><![CDATA[Shares of Office Depot Inc. lose nearly a third of their value after the office supplies retailer warns tough economic times will push second-quarter earnings below its earlier forecast.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
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<pubDate>Tue, 08 Jul 2008 22:17:00 GMT</pubDate>
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<title><![CDATA[Javalon Technology Group, Inc.: Javalon Technology Group, Inc. Completes Merger With FV Technology Investments, Ltd. and Will Become WorldVest Equity, Inc.]]></title>
<description><![CDATA[LOS ANGELES, CA (MARKET WIRE)  Garrett K. Krause, CEO of Javalon Technology Group, Inc. (PINKSHEETS: JAVN), acquires FV Technology Investments, Ltd. leading to a new consolidated entity to be known as WorldVest Equity, Inc. ''WorldVest''.  WorldVest will immediately apply for a name change with the NASD and expects a new trading symbol to be effective on or before July 31, 2008.  Until this effective date the company's common stock will continue to trade as Javalon Technology Group, Inc. under its current symbol, JAVN.  As the company amends its corporate name there will be no splits in the stock as each shareholder holding<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www2.marketwire.com/mw/release_html_b1?release_id=414111&tsource=3]]></link>
<pubDate>Tue, 8 Jul 2008 21:48:00 GMT</pubDate>
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<title><![CDATA[Alcoa profit drops 24 percent in second quarter]]></title>
<description><![CDATA[Alcoa Inc. (NYSE:AA) reported Tuesday that second-quarter profit fell 24 percent from a year ago, but was up from the first quarter.  (AA)<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://feeds.bizjournals.com/~r/vertical_2/~3/330178339/daily20.html]]></link>
<pubDate>Tue, 08 Jul 2008 21:23:33 GMT</pubDate>
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<title><![CDATA[EA filing sets timeline for Take-Two acquisition]]></title>
<description><![CDATA[Electronic Arts Inc. on Tuesday set a deadline of sorts for its proposed acquisition of Take-Two Interactive Software, which has to date resisted the $2 billion offer on the belief that it undervalues the publisher of the mega-popular ''Grand Theft Auto'' video game franchise.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
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<pubDate>Tue, 08 Jul 2008 20:47:00 GMT</pubDate>
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<title><![CDATA[Tech Stocks: Sector scores gains, but VMware falls as CEO is replaced]]></title>
<description><![CDATA[Technology stocks close with broad gains, many bellwether issues advanced, but virtualization technology company VMware Inc. lost ground after replacing its chief executive.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
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<pubDate>Tue, 08 Jul 2008 20:27:00 GMT</pubDate>
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<title><![CDATA[EMC moves to assert control of VMware worries Wall Street]]></title>
<description><![CDATA[Wall Street takes a dim view of a move by EMC Corp. to reassert its authority over its VMware Inc. subsidiary by abruptly replacing that company's chief executive officer on Tuesday, and shares of both companies slide.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://feeds.marketwatch.com/~r/marketwatch/software/~3/330113480/rss.asp]]></link>
<pubDate>Tue, 08 Jul 2008 20:09:00 GMT</pubDate>
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<title><![CDATA[Wells Fargo buys Indiana insurance firm]]></title>
<description><![CDATA[Wells Fargo Insurance Services Inc., a subsidiary of Wells Fargo &amp; Co., said Tuesday that it has acquired American Med-Scan Inc. of Carmel, Ind.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://feeds.bizjournals.com/~r/vertical_2/~3/330153185/daily26.html]]></link>
<pubDate>Tue, 08 Jul 2008 20:43:10 GMT</pubDate>
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<title><![CDATA[Financial literacy top priority for Maryland Bankers Association]]></title>
<description><![CDATA[Susquehanna Bank CEO James Piern&eacute; has been elected chairman of the Maryland Bankers Association. (PBKS) (SUSQ) (PNC) (BAC) (BBT)<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://feeds.bizjournals.com/~r/vertical_2/~3/329993864/daily22.html]]></link>
<pubDate>Tue, 08 Jul 2008 17:13:06 GMT</pubDate>
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<title><![CDATA[Wachovia Securities appoints head of food and beverage investment banking]]></title>
<description><![CDATA[Wachovia Securities has appointed Chris Morris as managing director and head of food and beverage investment banking.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www.banking-business-review.com/article_news.asp?guid=44FCB853-226D-42E4-A761-915B181221CF]]></link>
<pubDate>Tue, 8 Jul 2008 12:52:00 GMT</pubDate>
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<title><![CDATA[Belvedere SoCal announces merger of subsidiary banks]]></title>
<description><![CDATA[Belvedere SoCal has completed the merger of its two subsidiary banks, Professional Business Bank and Spectrum Bank, into a single bank subsidiary.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www.banking-business-review.com/article_news.asp?guid=72CCDE5D-D92B-420E-B651-DAA0EB6C35EE]]></link>
<pubDate>Tue, 8 Jul 2008 12:32:00 GMT</pubDate>
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<title><![CDATA[Cole Taylor Bank appoints EVP of asset based lending group]]></title>
<description><![CDATA[Cole Taylor Bank, a commercial bank, has appointed Michael Sharkey as an executive vice president, responsible for the bank's asset based lending group.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www.banking-business-review.com/article_news.asp?guid=B7516922-8020-4983-99CD-CEEF69881F85]]></link>
<pubDate>Tue, 8 Jul 2008 12:29:00 GMT</pubDate>
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<title><![CDATA[Brown Advisory and ABIM to combine into one firm]]></title>
<description><![CDATA[Brown Advisory and Alex Brown Investment Management, or ABIM, have announced that ABIM will join the Brown Advisory team.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www.banking-business-review.com/article_news.asp?guid=B5A58E9A-70BC-431F-8299-F10A87A53205]]></link>
<pubDate>Tue, 8 Jul 2008 12:10:00 GMT</pubDate>
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<title><![CDATA[IndyMac halts new loans, to lay off 3,800]]></title>
<description><![CDATA[Facing increasing losses and regulatory pressure, IndyMac Bancorp Inc. on Monday said it would close its forward mortgage business, and cut more than half of its 7,200-person work force. (IMB)<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://feeds.bizjournals.com/~r/vertical_2/~3/329231110/daily16.html]]></link>
<pubDate>Mon, 07 Jul 2008 21:50:25 GMT</pubDate>
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<title><![CDATA[Wachovia in play? Analysts think a sale faces hurdles]]></title>
<description><![CDATA[Wachovia Corp.'s recent hiring of Goldman Sachs &amp; Co., well-known for advising large companies on headline-making mergers and acquisitions, has set off alarm bells for some industry watchers.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://feeds.bizjournals.com/~r/vertical_3/~3/328542631/focus5.html]]></link>
<pubDate>Mon, 07 Jul 2008 04:00:00 GMT</pubDate>
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<title><![CDATA[IIROC: Resumption; MGM Energy Corp.]]></title>
<description><![CDATA[IIROC: Resumption; MGM Energy Corp.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www.ccnmatthews.com/news/releases/show.jsp?action=showRelease&actionFor=873413&searchText=false&showText=all]]></link>
<pubDate>Thu, 26 Jun 2008 10:31:00 EDT</pubDate>
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<title><![CDATA[Market Regulation Services Inc.: Halt, Route1 Inc.]]></title>
<description><![CDATA[Market Regulation Services Inc.: Halt, Route1 Inc.<script language="javascript">document.write("<img width=1 height=1 src='http://www.feedzilla.com/tools/tracking_pixel.asp?tool=feed_free&prov=&cat=industry&cat2=Banking&kw=&ip=38.103.63.16&ref='>");</script><BR>Brought to you by <a href='http://www.feedzilla.com' title='Add free content to your site and blog.'>Feedzilla.com</a>]]></description>
<link><![CDATA[ http://www.ccnmatthews.com/news/releases/show.jsp?action=showRelease&actionFor=873409&searchText=false&showText=all]]></link>
<pubDate>Thu, 26 Jun 2008 10:30:00 EDT</pubDate>
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