TOP 100 FINANCIAL SITES
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| Masco's Quarterly Loss Shrinks Masco posted a narrower loss on fewer write-downs and a higher profit margin as the home-improvement and building-products company continues to suffer from a weak housing market. Its shares fell. online.wsj.com |
US Banks Should Seek More Capital -Bernanke WASHINGTON (Reuters) - Federal Reserve Chairman BenBernanke said on Thursday that some small U.S. banks might gounder during the current stress prompted by housing marketproblems, but the U.S. bank system overall remained solid. feeds.reuters.com |
FTSE 100 closes up 3.5% as financials rally before Fed move London shares rebound, with financials in the lead, as investors temporarily shrug off asset write-down worries ahead of an expected rate cut from the U.S. Federal Reserve. feeds.marketwatch.com |
Microsoft 'Evaluating' Its Yahoo Offer SEATTLE (AP) -- A person familiar with Microsoft's bid for Yahoo said Friday the software company is evaluating its offer in light of the economic climate and the Internet pioneer's deteriorating business.... hosted.ap.org |
Schering 1Q profit drops 48 pct mostly from takeover costs TRENTON, N.J. (AP) -- Schering-Plough Corp. on Wednesday reported a 48 percent plunge in first-quarter profit, primarily from costs related to its biggest acquisition ever, and the drugmaker trounced Wall Street expectations.... hosted.ap.org |