TOP 100 FINANCIAL SITES
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| Deere Net Surges Deere posted a 55% rise in quarterly profit and said it is looking forward to increased sales of big tractors and other equipment, buoyed by a world-wide agriculture boom. online.wsj.com |
Wells Fargo Incurs $39 Mln Loss from Money Funds NEW YORK (Reuters) - Wells Fargo & Co , thefifth-largest U.S. bank, said on Friday it has recorded a $39million loss tied to some complex debt that has lost value andwhich is held by its money market mutual funds. feeds.reuters.com |
U.S. mortgage lenders to pump $200 bln into markets WASHINGTON (Reuters) - The two largest U.S. mortgage finance companies on Wednesday won approval to pump up to $200 billion (100 billion pounds) into the distressed U.S. mortgage market, the latest step in government efforts to ward off a credit crunch. feeds.reuters.com |
Samsung Chairman Denies Bribery Charges Samsung Group Chairman Lee Kun-hee has denied that he ordered the creation of a slush fund at the center of a high-profile probe into alleged bribery by South Korea's largest business conglomerate. feeds.feedburner.com |
Capitol Report: Congress works to keep student-loan pipeline flowing The credit crunch rippling through the U.S. economy is threatening to cut off college students from loans they may need to attend school this fall, but Congress is working on a fix it hopes to have in place before the heavy loan-application season hits this summer. feeds.marketwatch.com |