TOP 100 FINANCIAL SITES
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| Wall Street trades lower on downgrading Wall Street traded lower on Friday as major rating agencies downgraded bond insurer and mortgage-backed bonds. Fitch Ratings, a major rating agency, put a series of mortgage-backed securities insured by MBIA Inc. on negative watch O ... english.people.com.cn |
Lower Taxes Help Boost RBS's Net RBS posted a 22% increase in full-year net profit, excluding ABN Amro. The bank said full-year net write-downs of $3.17 billion and other costs weighed on the bottom line. online.wsj.com |
Crude retreats from record high on growth concerns Crude-oil futures fell more than 4 dollars Monday after hitting a record high of 111.80 dollars a barrel, falling back on fresh concerns about the credit crisis and the U.S. economy. Crude oil for April delivery dropped 4.22 dollars ... english.people.com.cn |
Samsung Chief Questioned for 11 Hours SEOUL, South Korea (AP) -- Special prosecutors probing claims of corruption at Samsung Group took their investigation to the very top, quizzing its chairman in a lengthy interrogation over allegations the conglomerate paid bribes and engaged in other illegalities.... hosted.ap.org |
Genzyme's Revenue Surges Genzyme's quarterly net fell 8.2% on an investment-related charge, but the biotechnology company's revenue jumped on strong demand for its treatments for Gaucher and renal diseases. online.wsj.com |