TOP 100 FINANCIAL SITES
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| Paper-Thin Securities You might think commercial paper backed by securities carries less risk than unsecured paper. Not always. forbes.com |
MBIA Asks Fitch to Withdraw Insurer Ratings NEW YORK (Reuters) - MBIA Inc , the world's largestbond insurer, on Friday said it asked Fitch Ratings to withdrawits insurer financial strength ratings for six units, includingits main bond insurance unit, MBIA Insurance Corp. feeds.reuters.com |
BHP Billiton to phase out Standard Bank business JOHANNESBURG (Reuters) - Mining group BHP Billiton will phase out annual business with Standard Bank in the first corporate spat brought on by South Africa's power crisis. feeds.reuters.com |
Stranded: When airlines go under, what happens to your banked miles? The short answer is that when airlines halt operations rather than just reorganize, the miles would likely disappear as quickly as a jet's vapor trail. But that doesn't necessarily mean starting over for all travelers. detnews.com |
Kraft profit falls 13 percent amid higher ingredient costs CHICAGO (AP) -- Kraft Foods Inc. reported a 13 percent drop in first-quarter profits Wednesday, but the results were better than expected and sales improved despite economic pressures and rising outlays for commodities and other manufacturing costs.... hosted.ap.org |