TOP 100 FINANCIAL SITES
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| Talbots to Close Struggling Stores Talbots said it will close another 22 struggling stores as its scales back its expansion plans, causing it to post a fourth-quarter loss. online.wsj.com |
Fannie Mae Posts Nearly $3.6B Loss in 4Q WASHINGTON (AP) -- Fannie Mae and Freddie Mac will be allowed to expand their roles in the turbulent mortgage market even as worsening conditions in the housing sector punish the two companies.... hosted.ap.org |
Alitalia Accepts Air France-KLM Bid MILAN, Italy (AP) -- Alitalia's board on Sunday unanimously accepted Air France-KLM's bid valued at $1.1 billion in a move to save the struggling national carrier.... hosted.ap.org |
U.S. regulators and bankers defend Bear Stearns rescue WASHINGTON (Reuters) - Bear Stearns could not be allowed to collapse because it could have shattered confidence in financial markets and caused lasting damage to the economy, top regulators said on Thursday in defending the rescue of what was once the fifth-largest U.S. investment bank. feeds.reuters.com |
Fuels Prices Weigh on UAL, JetBlue UAL's loss ballooned in the recent quarter as jet-fuel costs soared 51% and the United Airlines parent said it would shrink capacity and cut jobs. JetBlue narrowed its loss but is reining in capacity growth. online.wsj.com |