TOP 100 FINANCIAL SITES
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| MGM Mirage Expects to Beat Estimates MGM Mirage expects fourth-quarter earnings higher than Wall Street predicted before adding a huge gain from its CityCenter real-estate project. online.wsj.com |
Foreclosure aid bill faces veto WASHINGTON -- The White House promised on Tuesday to veto a bill that seeks to follow up the recent economic stimulus package with several proposals to shore up the struggling housing market and reduce foreclosures. detnews.com |
Clear Channel confirms close of TV-group sale (Adds Goldman, UBS declining comment in ninth paragraph.) NEW YORK (MarketWatch) -- Clear Channel Communications Inc. confirmed Friday it closed a sale of its television stations to Providence Equity Partners, ending months of contention over the deal. The agreement cuts the price for the 56 TV stations to about $1.1 billion, Clear Channel said late Friday. The original deal reached last April was for more than $1.2 billion. The separate $19.5 billion sale of Clear Channel to a private-equity group remains on track to close by the end of the first quarter, Clear Channel Chief Executive Mark Mays said in a memo to employees. feeds.marketwatch.com |
Conoco: Refining Margins Squeezed ConocoPhillips said higher energy prices have helped its production business but hurt its refining results, where margins continue to fall. online.wsj.com |
National City raising $7 bln; shares sink on loss NEW YORK (Reuters) - National City Corp , a largeU.S. Midwest bank, said on Monday it is raising $7 billion andslashed its dividend after mortgage and home equity problemsled to its third straight quarterly loss. feeds.reuters.com |