TOP 100 FINANCIAL SITES
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| Citigroup shares slip; Freddie, Fannie and WaMu cut to sell NEW YORK (MarketWatch) -- Oppenheimer & Co. analysts on Monday slashed Citigroup Inc's. 2008 earnings estimate by 70%, to 75 cents a share from $2.70 previously, and said the financial-services giant may have to sell $100 billion of assets to put its balance sheet right. feeds.marketwatch.com |
Bear Stearns source says no truth to liquidity talk NEW YORK (Reuters) - A Bear Stearns Cos insider said on Tuesday there was no truth to recurring market speculation that the fifth-largest U.S. investment bank faces a cash crunch, rumors that sent Bear's stock reeling for the second straight day. feeds.reuters.com |
U.S. consumer spending posts smallest gain in 17 months U.S. consumer spending nudged up 0.1 percent in February, the smallest gain since September 2006, the Commerce Department reported Friday. The gain in consumer spending, which accounts for two thirds of overall economic activity, wa ... english.people.com.cn |
Philippines to limit sale of low-priced rice to poor households The Philippine government said it will set up a new distribution system within two weeks to ensure that only the poor households can buy the subsidized rice at the lowest price, local media reported Wednesday. The subsidized rice, p ... english.people.com.cn |
Great-West Lifeco profit helped by U.S. gains TORONTO (Reuters) - Great-West Lifeco said onThursday that earnings rose 27 percent in the first quarter,helped by one-time items in its U.S. business. feeds.reuters.com |