TOP 100 FINANCIAL SITES
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| Latest credit landmine could hit closed-end funds; munis suffer Auction-rate securities, the latest minefield in the credit market, may soon claim a new victim: closed-end funds. feeds.marketwatch.com |
Countrywide May Face More Credit Woes NEW YORK (Reuters) - Countrywide Financial Corp ,the largest U.S. mortgage lender, said it may see more creditlosses as downward trends in the economy and in the real estatemarket conspire to boost delinquency rates. feeds.reuters.com |
Last Hope in a Weak Economy? Mom and Dad MILWAUKEE (AP) -- After being laid off from her job as an events planner at an upscale resort, Jo Ann Bauer struggled financially. She worked at several lower-paying jobs, relocated to a new city and even declared bankruptcy.... hosted.ap.org |
Motorola Names Ex-AT&T Boss As Chairman CHICAGO (AP) -- Former AT&T chief executive David Dorman will become Motorola Inc.'s chairman next month as the struggling cell phone maker tries to fix its slumping fortunes and split itself into two companies.... hosted.ap.org |
Nuclear Business Fuels Entergy Net Entergy reported a 46% rise in first-quarter net income, driven by strong growth from the energy company's nuclear segment that more than offset a widening loss in its non-nuclear wholesale-assets unit. online.wsj.com |