TOP 100 FINANCIAL SITES
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| N. Rock Could Take Years to Repay Loans - Sandler NEWCASTLE, England (Reuters) - Embattled mortgage bankNorthern Rock could take "some years" to repay 25billion pounds ($48.7 billion) of government loans, its newexecutive chairman, Ron Sandler, told reporters on Monday. feeds.reuters.com |
UPDATE 1-Citigroup cuts U.S. specialty finance REIT sector March 5 (Reuters) - Citigroup downgraded the U.S. specialtyfinance REIT sector, saying the credit market dislocationappears to be intensifying and the credit overhang may be toobig for the Federal Reserve to solve in the short term. feeds.reuters.com |
GPS Chip Maker to Cut 7% of Staff SiRF Technology said it will cut 7% of its work force as the maker of chips for GPS devices warned of continued weak demand. online.wsj.com |
Genentech Reports Jump in 1Q Earnings SAN FRANCISCO (AP) -- Biotechnology giant Genentech Inc. is reporting a jump in its first-quarter profit of 12 percent compared to last year, but sales of its top-selling cancer drug disappointed Wall Street analysts.... hosted.ap.org |
Shortage goes against grain A group of shoppers came into Farmer Joe's Marketplace in Oakland, California, one morning last week and bought all the 50-pound (22.68-kilogram) bags of rice. A few kilometers away at Berkeley Bowl Marketplace, long-grain rice is sold out. ... english.people.com.cn |