Posted by Financial Service News on August 30th, 2008
Fannie Mae and Freddie Mac fell after Bank of China Ltd. , the nation's third-largest bank, said it pared its holdings of the mortgage-finance companies' debt as they faced growing losses and the potential need ...
Posted by Financial Market News on August 30th, 2008
Personal income tumbled unexpectedly in July and inflation-adjusted spending shrank at sharpest rate in four years as the lift from government stimulus checks waned, a government report on Friday showed.
Posted by Financial Service News on August 30th, 2008
The documents--filed at Los Angeles Superior Court under her real name Tara Patrick--accuse Payment Data Systems of breaching a contract with the star after hiring her for a merchandising deal.
Posted by Financial Market News on August 30th, 2008
The four highlighted picks are: TiVo, Inc. , Helmerich & Payne, Inc. , Energy Conversion Devices, Inc.
Posted by Financial Service News on August 30th, 2008
Analysis and Discussion with Scott Wren of Wachovia Securities: Overweight on Consumer Discretionary and Industrials, Not Buying Financials, Neutral on Energy
Posted by Financial Market News on August 30th, 2008
If investors think Canada's stock market will do better with John McCain in the White House, given his ringing endorsement for free trade in Ottawa recently, history shows otherwise.
Posted by Financial Service News on August 30th, 2008
Popular, Inc. has agreed to sell loan and servicing assets of its U.S. mortgage subsidiary Popular Financial Holdings to various Goldman Sachs affiliates.
Posted by Financial Market News on August 30th, 2008
Consumer spending slowed to a crawl and personal incomes plunged in July, reflecting the waning impact of $93 billion in economic stimulus payments.
Posted by Financial Service News on August 30th, 2008
Reid Scofield, chief executive officer of Overland Park-based Sterling Energy, said he might have to lay off 75 percent of his 15 workers because of a cash-flow crunch.
Posted by Financial Market News on August 30th, 2008
Equity markets were weaker Friday, hit largely by a sell-off on the Nasdaq. Dell Computers warned spending on IT may contract in the near future.
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