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- The massive housing rescue package President George W. Bush signed last week creates one group of hidden winners: tax accountants and preparers. The new law contains high profile help for home giants Fannie Mae (nyse: FNM - news - people ) and ...
- Third quarter 2008 revenues increased to $186.9 million, up 19% compared to the third quarter of 2007. Operating income excluding amortization expense for the quarter totaled $33.8 million, up 34% compared to the prior year period. Sirona increases ...
- LONDON -- Evidence that Britain is likely heading for a recession mounted yesterday, with the huge services sector shrinking for the third consecutive month, manufacturing output dropping for the fourth month in a row and house repossessions surging ...
- I thought I would put up a list of some interesting South America stocks for a pair of reasons. First as you can see from the chart above of the ETF for the Latin America 40 ( ILF ) that the region’s stocks have pulled back significantly over the ...
- Net sales of $650 million, up 17% from second quarter of 2007 Total segment income up 36% to $54.8 million, compared with 2007 second quarter Diluted earnings of 21 cents per share, up from 10 cents per share in second quarter of 2007 CLEVELAND ...
- The depths of Freddie Mac's problems are complicated by its long-planned, continuing search for a chief executive to replace Syron, who is expected to remain chairman. Two people who were approached — Kenneth Chenault of American Express and ...
- NEW YORK--( BUSINESS WIRE )--M&A activity in the global investment management sector in the second half of 2008 and beyond will be fueled, in large part, by diversified financial institutions refocusing their strategic direction and replenishing ...
- That chief executive, Richard F. Syron, in 2004 received a memo from Freddie Mac’s chief risk officer warning him that the firm was financing questionable loans that threatened its financial health.
- There might come a time that the urge of purchasing a new home might become unbearable to ignore, especially when your current residence is starting to get dull and boring for you and your family. If you want to settle down in a new home in a new ...
- The chief executive of the mortgage giant Freddie Mac rejected internal warnings that could have protected the company from some of the financial crises now engulfing it, according to more than two dozen current and former high-ranking executives and ...
- LONDON, Aug 4 (Reuters) - Sterling fell to a one-month low against the dollar on Monday as jitters about the health of the financial sector came to the fore and weak data deepened gloom about the health of the economy. British construction activity ...
- HORSHAM, Pa.--( BUSINESS WIRE )--The Penn Mutual Life Insurance Company announces its new Guaranteed Protection Universal Life product, designed to offer clients affordable, permanent guaranteed death benefit protection and increased cash ...
- Aug. 4 (Bloomberg) -- HSBC Holdings Plc , Europe's biggest bank by market value, said first-half profit declined 29 percent as it set aside more money for bad loans in the U.S. Net income for the six months ended June 30 fell to $7.7 billion, or 65 ...
- EpiCept Corporation (Nasdaq and OMX Nordic Exchange: EPCT) announced today the pricing of a public offering of approximately 5.53 million shares of its common stock at $.5425 per share and five-year warrants to purchase up to approximately 2.76 ...
- Aug. 4 (Bloomberg) -- HSBC Holdings Plc will seek to negotiate a lower price for Korea Exchange Bank after financial stocks slumped in the 11 months since the $6 billion purchase was first announced, two people familiar with the matter said. HSBC ...
- 8/2/2008 (KFSN) -- When you're making a big purchase, like a car or even a flat screen TV, you probably expect a pitch to take out a loan or sign up for a credit card. But what about paying for your medical bills? James Wilkerson says he started ...
- A HAIRDRESSER accused of stealing £74,000 worth of hair straighteners bought a Ferrari because he was "going through a midlife crisis." Giving evidence at his own trial, Mark McMorrine admitted he lived to the limit of his means, borrowing £25,000 ...
- According to Shubhankar Laskar, a 39-year-old doctor, the three-bedroom apartment he bought in Dwarka — a burgeoning suburb to the west of New Delhi — was a “good deal”. It came for Rs 45 lakh from a friend, who sold it at a discount because ...
- In the last one month (July), following the Reserve Bank of India’s new policy pronouncements with an aim to curb inflation, interest rates on home loan have gone up by one to 1.5 percentage points from around 10.5% per annum to 12% per annum This ...
- The stock market is suffering from extreme mood swings for seemingly small reasons. A hurricane skirts the Gulf of Mexico and stocks rocket euphorically. Bandits in Nigeria attack a pipeline and the market plunges into a depression. Merrill Lynch ...
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