| Indonesia targets oil production at 1.05 mln barrels per day Indonesia has renewed oil production target at 1.05 million barrels per day (bpd), slightly above the initial target of 1.03 bpd, an official said Monday. "We have made an assessment and found that the target was realistic," said Oi ... english.people.com.cn |
Ofheo Lifts Freddie, Fannie Caps Regulator Ofheo plans to remove the portfolio growth caps for Fannie Mae and Freddie Mac on March 1, news that sent their shares sharply higher. Earlier, Fannie swung to a quarterly loss amid a sharp rise in delinquencies. The mortgage giant expects home prices to continue to fall this year. online.wsj.com |
Ambac says has $15 billion to pay claims NEW YORK (Reuters) - Ambac Financial Group Inc , moving to quell market concerns about its liquidity and ratings, said on Friday that recent efforts to raise capital have given it over $15 billion in "claims paying resources." feeds.reuters.com |
Nat'l City taking a long time to sell itself-analysts NEW YORK (Reuters) - National City Corp isreportedly in talks to sell itself to Cleveland neighborKeyCorp , among other banks, but the bank is taking along time to find buyers, triggering investor fears that itwill not be able to sell much above its current share price. feeds.reuters.com |
Bank of America's Net Drops 77% Bank of America said its first-quarter earnings sank 77% as turmoil in the capital markets weighed on the firm's results. online.wsj.com |