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Wall Street Comes Back From Session Lows - Fox Business


Wall Street Comes Back From Session Lows
Fox Business
The Institute of International Finance, which represents the bondholders, wrote in an e-mail on Saturday it expects talks on the voluntary debt exchange to conclude this week, although it did not provide a more specific timeline.

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KAR Auction Services Inc (KAR) Shares Upgraded by Goldman Sachs (GS) to "Buy" - LocalizedUSA


KAR Auction Services Inc (KAR) Shares Upgraded by Goldman Sachs (GS) to "Buy"
LocalizedUSA
The Company operates in three business segments: ADESA Auctions (ADESA), Insurance Auto Auctions, Inc. (IAAI) and Automotive Finance Corporation. Shares of KAR Auction Services opened at 13.49 on Monday. KAR Auction Services has a 52 week low of $10.92 ...

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Mercedes Financial adds price quotes to app - Automotive News


Mercedes Financial adds price quotes to app
Automotive News
Toyota Financial Services launched account-management apps for Toyota, Lexus and Scion owners in November 2011. Most big banks in auto lending, including Chase Automotive, Wells Fargo Dealer Services and Bank of America, also have mobile apps for ...

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Auto ABS Sales To Top $2B This Week After Yield Spread Drop - Wall Street Journal


Auto ABS Sales To Top $2B This Week After Yield Spread Drop
Wall Street Journal
By Al Yoon Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Ally Financial and Banco Santander are among issuers bringing more than $2 billion in automobile asset-backed securities to market this week as persistent investor demand has pushed some risk ...

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Lending Helps JPMorgan, but 4th Quarter Was Soft - New York Times


New York Times

Lending Helps JPMorgan, but 4th Quarter Was Soft
New York Times
By BEN PROTESS and PETER EAVIS Scott Eells/Bloomberg News“I believe that you are seeing real loan growth,” said Jamie Dimon, chief executive of JPMorgan Chase. Wall Street, more than three years after the financial crisis, has loosened its lending tap.

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