TOP 100 FINANCIAL SITES
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| Morgan Stanley Cuts 1,000 Mortgage Jobs NEW YORK (Reuters) - Morgan Stanley will slash 1,000jobs, scale back its U.S. home-lending business and shut down aBritish mortgage unit as new management takes a hard look atthe continued deterioration in mortgage markets. feeds.reuters.com |
Eurozone economic confidence sinks to two-year low The economic confidence in the euro zone sank to a two-year low in February, while business climate indicator also dropped, the European Commission said on Friday. The economic sentiment indicator in the euro zone, which has been on ... english.people.com.cn |
Barnes & Noble's Profit Ebbs Barnes & Noble posted a 9.2% drop in net income, but the bookseller boosted its dividend and held to its earnings outlook, including a profit in the current quarter. (Conference call transcript) online.wsj.com |
Pending Home Sales Hit Low in February WASHINGTON (AP) -- An industry group said Tuesday that pending U.S. home sales fell in February to the lowest reading since the index began, signaling the housing market distress is not yet over.... hosted.ap.org |
Write-Downs Thump Credit Suisse Credit Suisse swung to a larger-than-expected first-quarter net loss after taking $5.2 billion in write-downs for big buyout loans and mortgage securities. online.wsj.com |