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- ROCKLIN, Calif., Aug. 6 /PRNewswire/ -- Senior Financial Corp., a privately held reverse mortgage company, announced today that Kevin Kaltenbach has been appointed Executive Vice President and Director of Corporate Development for their organization ...
- Aug. 6 (Bloomberg) -- U.S. stock-index futures declined as Freddie Mac's dividend cut and disappointing forecasts from Whole Foods Market Inc. and Priceline.com Inc. overshadowed better-than-estimated earnings at Cisco Systems Inc. Freddie Mac ...
- Freddie misses, slashes dividend. Mortgage financer Freddie Mac ( FRE ) loses $821M, more than estimates, and cuts its dividend to $0.05 to $0.25 (see below). Subprime and low-quality mortgage writedowns were $1B. "We remain committed to raising $5 ...
- LONDON : Insurer Standard Life posted a 51 percent rise in interim operating profit on Wednesday, boosted by gains from a deal to protect itself against the impact of people living longer. Standard Life's operating profit on an embedded value basis ...
- Aug. 6 (Bloomberg) -- Morgan Stanley , the second-biggest U.S. securities firm, told thousands of clients this week that they won't be allowed to withdraw money on their home-equity credit lines, said a person familiar with the situation. Most of the ...
- CHICAGO--( BUSINESS WIRE )--Zacks Equity Research highlights Allianz Aktiengesell (NYSE: AZ) as the Bull of the Day and General Motors (NYSE: GM) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Atmel Corporation ...
- CHICAGO--( BUSINESS WIRE )--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in ...
- Aug. 6 (Bloomberg) -- Stocks rose in Europe and Asia after BNP Paribas SA's earnings beat analysts' estimates, Xstrata Plc made a hostile bid for Lonmin Plc and the Federal Reserve indicated interest rates are on hold. U.S. index futures were little ...
- WASHINGTON -- Confronted by problems at every turn -- rising unemployment, shaky growth, credit troubles and creeping inflation -- the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move ...
- WASHINGTON -- The Federal Reserve left a key interest rate unchanged Tuesday at 2 percent for a second straight meeting. Rising unemployment, spiking foreclosures and gyrating energy prices likely weighed on the Federal Reserve as it considered ...
- Aug. 5 (Bloomberg) -- Partners at top-grossing U.S. law firms, once able to draw advances against expected annual profit, have found the credit crunch is limiting the amount they take home. Most firms don't know how much income there will be to ...
- OLDWICK, N.J.--( BUSINESS WIRE )-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of “ a+ ” of AXIS Specialty Limited (AXIS) and its operating affiliates. Concurrently, A.M ...
- WASHINGTON -- Rising unemployment, spiking foreclosures and gyrating energy prices are likely to weigh on the Federal Reserve as it considers monetary policy Tuesday. But the central bank policy makers are faced with the dueling problems of weak ...
- WASHINGTON — When Federal Reserve Chairman Ben Bernanke meets with colleagues Tuesday, the group is widely expected to leave a key interest rate alone. Driving their decision are dueling problems: weak economic growth and advancing inflation. ”It ...
- Net investment income was $0.37 per share, or $63.9 million Net realized losses were $0.10 per share, or $17.9 million The total of net investment income and net realized losses was $0.27 per share, or $46.0 million Net unrealized depreciation was $0 ...
- WASHINGTON - An ugly brew of rising unemployment, spiking foreclosures and gyrating energy prices is plaguing the country and making life difficult for Federal Reserve Chairman Ben Bernanke as he tries to right the economy. Bernanke and his central ...
- WASHINGTON (AP) - Rising unemployment, spiking foreclosures and gyrating energy prices are likely to weigh on the Federal Reserve as it considers monetary policy Tuesday. But the central bank policy makers are faced with the dueling problems of weak ...
- (August 5, 2008)—With a rising unemployment rate, an ever increasing number of home foreclosures and gyrating energy prices the Federal Reserve has a number of factors to consider as evaluates its monetary policy Tuesday. The central bank policy ...
- DUBLIN, Ireland--( BUSINESS WIRE )--Research and Markets ( http://www.researchandmarkets.com/research/bc5dc1/metro_energy_detai ) has announced the addition of the "Metro Energy Detailed Analysis and Forecasts of Oil & Gas Exploration and Production ...
- Is another round of fundraising in the works for Lehman Brothers ? Could be--if Chief Richard Fuld does a Merrill Lynch -like purge of mortgage holdings. While that would be good news for Lehman--allowing the company to avoid a fate like that of Bear ...
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