TOP 100 FINANCIAL SITES
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| Allianz eyeing chances to buy ABS, leveraged loans FRANKFURT (Reuters) - Allianz is actively looking to buy leveraged loans and asset backed securities (ABS) whose prices have been driven down by the turmoil in the global credit markets, Allianz board member Paul Achleitner said on Friday. feeds.reuters.com |
The Role Of Race In The Mortgage Mess A Federal Reserve study found that 55 percent of blacks and 17 percent of whites were steered to sub prime mortgages, even when they qualified for lower interest rates. Randall Pinkston reports. feeds.cbsnews.com |
Commerzbank reiterates 2008 outlook, shares rise FRANKFURT (Reuters) - Commerzbank reiterated its2008 outlook on Friday, boosting its shares on relief thatGermany's second-biggest listed bank did not join other financehouses who now see their profit goals at risk. feeds.reuters.com |
It may be time to swap out of some sector funds Jim Lowell, editor of the Fidelity Investor newsletter, says that the beating suffered by the financial-services industry has not turned the sector into a buying opportunity yet and he noted that investors should âerr on the side of safety and have that money [that might have gone to financials] in cash, most likely earmarked for technology.â feeds.marketwatch.com |
CVS Caremark's Net Rises 83% CVS Caremark posted an 83% surge in net income, as the merger of CVS and Caremark last year boosted results. online.wsj.com |