TOP 100 FINANCIAL SITES
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| Buffett Offers to Back Municipal Bonds OMAHA, Neb. (AP) -- Billionaire investor Warren Buffett said Tuesday that he has offered to help out troubled bond insurers by offering a second level of insurance on up to $800 billion in municipal bonds.... hosted.ap.org |
Wall Street drops sharply on downbeat data Wall Street extended early losses Thursday after a pair of downbeat reports bolstered investors' concerns about the U.S. economy will suffer from stagflation. The U.S. Commerce Department reported fourth-quarter gross domestic produ ... english.people.com.cn |
L&G sees profit drop as Britons live longer LONDON (Reuters) - UK insurer Legal & General missed forecasts with a 26 percent drop in 2007 profit, hit by a 269 million pound charge to cover extra payouts it expects to make as Britons live longer. feeds.reuters.com |
Don't overlook these high-quality bond bargains LOS ANGELES (MarketWatch) -- The gyrations jarring the capital markets have caused many investors to question just where they can invest their money safely, yet still earn a decent rate of return. Municipal bonds are a good place to look. feeds.marketwatch.com |
UBS to slash investment banking after crisis BASEL (Reuters) - UBS signalled it will cut its investment bank to a rump after lost bets in subprime mortgages landed the Swiss bank with a $37 billion (18.7 billion pound) bill that has made it Europe's biggest casualty of a global credit crisis. feeds.reuters.com |