TOP 100 FINANCIAL SITES
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| Aetna's Net Edges Higher Aetna's net income rose 3.3% on a large revenue increase that was largely offset by higher claims costs. online.wsj.com |
UBS shareholders back $12 bln cap injection BASEL (Reuters) - Shareholders in UBS backed a 13 billion Swiss franc (6.12 billion pounds) capital injection from Singapore and an unidentified Middle East investor but heaped scorn on the bank's chairman, Marcel Ospel, over subprime losses. feeds.reuters.com |
Avoid Overcorrecting Economy, Bush Warns WASHINGTON (AP) -- President Bush on Saturday said the government must guard against going too far in trying to fix the troubled economy, cautioning that "one of the worst things you can do is overcorrect." Democrats said Bush was relying on inaction to solve the problem.... hosted.ap.org |
Wall Street surges on banks' new recapitalization plans Wall Street rose sharply in early trading Tuesday, as banks seemed to have their bottom after the UBS and Lehman Brothers announced new recapitalization plans. The UBS revealed a 19-billion-U.S.-dollar write-down. But the Swiss bank ... english.people.com.cn |
National City tumbles after loss and new investment Shares of National City Corp., battered by the mortgage crisis, plunge as the company moves to raise $7 billion to bolster its balance sheet -- a deal coming at the cost of current shareholders. feeds.marketwatch.com |