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Community banks team up to fight the megabanks

NEW YORK (CNNMoney) — Faced with growing competition from the likes of Chase, Bank of America and Wells Fargo, more than 100 community banks have joined forces to take on the megabanks. Once rivals, these smaller financial institutions have banded together under a common brand called Kasasa. A total of 128 banks and credit unions [...]

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Target Funds End Year Far From Bull’s Eye – SmartMoney.com

Often billed as the fund and brokerage industry’s quick fix for retirement planning, so-called target-date funds took an unexpected turn for the worse in 2011, according to new data. Also See Advisers Weigh Other Retirement Options Earlier: Hidden Risks in Target-Date Funds Former Gold Fans Search for New Havens The funds, which have become an [...]

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Trina Solar Falls in Solar Shakeout

After declining solar product prices left bigwigs First Solar (Nasdaq: FSLR  ) and JinkoSolar (NYSE: JKS  ) at a low ebb, another company’s profits have slid drastically in the third quarter. Trina Solar (NYSE: TSL  ) , which had managed to stay profitable in the midst of weakness in the second quarter, saw itself in the red in [...]