TOP 100 FINANCIAL SITES
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| Earnings Offer Gauge on Defaults With Fannie Mae and Freddie Mac expected to post big losses next week, shareholders will be nervously surveying the damage from rising defaults on home mortgages owned or guaranteed by the two companies. online.wsj.com |
MBIA CEO: Credit markets are wrong about company NEW YORK (Reuters) - Some credit traders are betting that MBIA Inc will default over the next year, but the company's chief executive said anyone believing the world's largest bond insurer is close to missing a payment on its own debt is wrong. feeds.reuters.com |
J.C. Penney Slashes 1Q Profit Forecast PLANO, Texas (AP) -- J.C. Penney Co., the big middle-market department store chain, warned Friday of disappointing first-quarter profits in another sign that consumers are cutting discretionary spending in the face of higher gasoline prices and falling confidence.... hosted.ap.org |
Emerging Markets Boost Coke Coke's net income rose 19% as sales of noncarbonated drinks and overseas demand helped offset a sluggish domestic economy and soaring commodity costs. (Conference call transcript) online.wsj.com |
Dollar rises amid U.S. rate outlook The dollar rose against most major currencies on Tuesday as the U.S. Federal Reserve is widely expected to cut interest rates moderately this week, then leave them unchanged for the rest of the year to help ward off inflation. The U ... english.people.com.cn |