Archive for August 8th, 2008
Friday, August 8th, 2008
NEW YORK (Reuters) - Fannie Mae, the largest U.S. home funding company, said on Friday it may opt to grow its mortgage portfolio. "Our actions are going to be opportunistic and I think that modest growth is possible, but I think we are ...
Posted in Bonds | No Comments »
Friday, August 8th, 2008
By John McCrank TORONTO, Aug 8 (Reuters) - Canadian consumers were feelingslightly more confident in July, but concern about the jobmarket deepened, the Conference Board of Canada said onFriday. The board's index of consumer confidence rose 1.4 ...
Posted in Bonds | No Comments »
Friday, August 8th, 2008
(Recasts first paragraph; adds share movement, analyst quotes,byline) By Helen Chernikoff NEW YORK, Aug 8 (Reuters) - Builder Beazer Homes USA Inc(BZH.N: Quote, Profile, Research, Stock Buzz) posted a smaller quarterly loss on higher-than-expectedrevenue on Friday despite ...
Posted in Bonds | No Comments »
Friday, August 8th, 2008
By Tom Doggett WASHINGTON (Reuters) - After 12 years of litigation, a federal judge rejected claims that the government owed American Indians $47 billion for mismanaging their money held in a special trust fund, but ruled they were owed less than 1 percent ...
Posted in Bonds | No Comments »
Friday, August 8th, 2008
ISTANBUL, Aug 8 (Reuters) - Major Turkish lender AkbankAKBNK.IS posted a 34 percent fall in second quarterconsolidated net profit to 494.6 million lira year-on-year, thebank said on Friday. The bank said its assets stood at 85.16 billion lira at theend of ...
Posted in Industries | No Comments »
Friday, August 8th, 2008
ISTANBUL, Aug 8 (Reuters) - Turkish white goods makerArcelik ARCLK.IS first half consolidated net profit rose 25.5percent to 135 million lira ($113.82 million) and its salesreached 3.3 billion lira, the company said in a statement onFriday. The company said its LCD ...
Posted in Industries | No Comments »
Friday, August 8th, 2008
By John Bowker and Jui Chakravorty LONDON, Aug 8 (Reuters) - British Airways (BAY.L: Quote, Profile, Research, Stock Buzz) isconfident it can lodge an application in the United States toseek antitrust immunity for an alliance with American Airlines(AMR.N: Quote, Profile, Research, ...
Posted in Industries | No Comments »
Friday, August 8th, 2008
Aug 8 (Reuters) - Banc of America Securities saidsettlements related to auction-rate securities (ARS) mayprovide an end to one of the credit crunch's chapters, andexpects total potential additional writedowns for settlementsacross all ARS dealers of about $4 billion. The auction-rate market ...
Posted in Market Stats | No Comments »
Friday, August 8th, 2008
LONDON, Aug 8 (Reuters) - AXA Private Equity has tabled a proposal to buy allof Dutch gaming firm JVH Gaming BV's debt for around 70 cents in the euro,banking sources said on Friday. The offer was discussed at a ...
Posted in Real Estate | No Comments »
Friday, August 8th, 2008
By Andrew Tangel, CNNMoney.com contributing writerAugust 8, 2008: 11:28 AM EDT NEW YORK (CNNMoney.com) -- Treasury prices mostly dipped early Friday amid reports of slower productivity growth and a huge loss posted by Fannie Mae.The benchmark 10-year note's price fell 4/32 to 100 15/32, and its yield ...
Posted in Market Stats | No Comments »