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Why saving is the habit you should never give up on
Why saving is the habit you should never give up on If your nest egg is virtually non-existent, the first thing you need to do is to build up some cash. If you are saving short term for a holiday, or putting money However, the disadvantage with these accounts is that the provider may not be offering

Reverse-Mortgage Rule Changes Draw Professor to the Business
Longbridge, founded two years ago by former executives of New York Life Insurance and Fidelity Investments, is entering the business as reverse-mortgage lending plummets. Industrywide, originations fell to 60,000 in the U.S. government fiscal year 2013

Industry Veteran Clay Cornett to Lead ALAW Sales Efforts
(Photo: Cornett, who most recently served as executive vice president of sales for ServiceLink, a Fidelity National Financial (FNF) Company, has more than 30 years of experience and service

Goldman May Ban Certain Online Chat Services For Traders: WSJ
The company owned by Hank Scorpio at first appears to be one of those "progressive" 1990s workplaces where the boss wears loafers and everyone is on "flexi-time," until it emerges the loafer-wearing boss is a James Bond-style supervillain hell-bent on 

Suze Orman Says to Pay Off Your Mortgage First

Financial Advisor Suze Orman advises that paying off your mortgage is a priority because it reduces financial risk. Suze says to pay off your ...

Fidelity Southern (NASDAQ:LION) Downgraded by Zacks Investment Research

Shares of Fidelity Southern stock traded down $0.03 on Tuesday, reaching $23.98. 91,635 shares of the company were exchanged, compared to its average volume of 110,883. Fidelity Southern has a 1-year low of $20.28 and a 1-year high of $27.05. The company has a market cap of $646.61 million, a PE ratio of 18.31 and a beta of 0.97. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.91 and a current ratio of 1.01.

Fidelity Southern (NASDAQ:LION) last announced its quarterly earnings data on Thursday, July 19th. The financial services provider reported $0.34 EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.10). Fidelity Southern had a return on equity of 9.04% and a net margin of 13.68%. The company had revenue of $73.45 million for the quarter, compared to analyst estimates of $70.50 million. sell-side analysts predict that Fidelity Southern will post 1.51 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 14th. Investors of record on Thursday, August 2nd were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date was Wednesday, August 1st. Fidelity Southern’s dividend payout ratio (DPR) is 36.64%.

Fidelity Southern (LION) Downgraded by Zacks Investment Research to “Strong Sell”

Fidelity Southern Corporation operates as the holding company for Fidelity Bank that provides financial products and services primarily for individuals, and small and medium-sized businesses in the United States. The company accepts noninterest-bearing demand and interest-bearing demand accounts, including money market accounts and savings deposits; and time deposits. It also offers various loans, such as commercial and industrial loans, commercial real estate loans, indirect automobile loans, real estate construction loans, and real estate mortgage loans, as well as consumer loans, including automobile loans, residential mortgage and home equity loans, and secured and unsecured personal loans. In addition, the company offers Internet banking services comprising online bill pay and mobile deposit, and Internet cash management services; and wealth management services, including trust administration,

Do you own Mortgage Backed Securities (MBS)? Is the return of principal taxable? Tax help please!?

I inherited some Mortgage Backed Securities (mortgage pools, pass-thrus) that are now held for me by Fidelity. For years on the typical 15th or 20th of the month I got interest and return of principal.