TOP 100 FINANCIAL SITES
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| Market still facing headwinds from credit, economy Investors will look for U.S. stock gains to continue for a second consecutive week, but the market faces high hurdles from the credit crisis and recession fears that continue to dog the market. feeds.marketwatch.com |
SEC eyes bond insurers in subprime probes -official NEW YORK (Reuters) - U.S. securities regulators are looking at bond insurers along with other financial companies in some three dozen investigations related to the subprime meltdown, a top enforcer said on Wednesday. feeds.reuters.com |
A Better Deal For Bear Stearns JPMorgan Chase & Co. increased its offer Monday for Bear Stearns Cos. to $10 per share from a bargain-basement price of $2 per share, hoping to assuage shareholders of the ailing investment bank. feeds.cbsnews.com |
Ethan Allen Points to Weak Demand Ethan Allen issued a downbeat outlook, citing restructuring costs and weak sales of its home furnishings. online.wsj.com |
HBOS to consider rights issue, unveil writedown: reports LONDON (MarketWatch) -- The Board of HBOS PLC (HBOS.LN) will meet Monday to decide whether to approve a multibillion pound rights issue, Sunday Times and the Sunday Telegraph reported, without naming sources. The bank is due to hold its annual shareholder meeting Tuesday. The HBOS board is being asked to consider raising between GBP2 billion and GBP4 billion, although it is still possible that HBOS could attempt to ride out the credit crisis without raising funds, the Sunday Times said. The Sunday Telegraph said HBOS, which is also scheduled to issue a trading update on Tuesday, is expected to announce a writedown of up to GBP3 billion at its AGM. feeds.marketwatch.com |