TOP 100 FINANCIAL SITES
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| Freddie, Fannie lead financials lower after Merrill's sell call NEW YORK (MarketWatch) -- Shares of Fannie Mae and Freddie Mac retreated Friday, falling sharply after Merrill Lynch analysts turned sour on the grounds that they face continuing pressure arising from the meltdown in the U.S. mortgage markets. feeds.marketwatch.com |
FDIC reports second bank failure of 2008 The FDIC and the Commissioner of Missouri's Division of Finance close Hume Bank in Hume, Mo., the federal banking regulator announces. It is the second bank to fail this year. feeds.marketwatch.com |
Cayne unloads entire stake in troubled Bear Stearns Bear Stearns Cos. Chairman James Cayne sold $61.3 million of company stock this week amid a controversial acquisition of the struggling investment firm by J.P. Morgan Chase & Co., according to a regulatory filing. feeds.marketwatch.com |
Michigan's March foreclosures top last year's Foreclosures in Michigan in March were up 10.3 percent from the same month a year ago, but down 13.4 percent from February, according to data released Monday by RealtyTrac, an online marketplace for foreclosure properties. detnews.com |
Cost controls, emerging market growth boosts P&G profit CINCINNATI (AP) -- Consumer products maker Procter & Gamble Co. said Wednesday price increases, cost controls and strong growth in emerging markets helped offset soaring costs of oil and other commodities as its third quarter profit rose 8 percent.... hosted.ap.org |