TOP 100 FINANCIAL SITES
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| GM Posts Biggest Annual US Auto Loss DETROIT (AP) -- For all the good in GM's 2007 results - the near-record worldwide sales, the reduction in labor costs and in retiree health obligations - there is no getting around the $38.7 billion in red ink.... hosted.ap.org |
Crude futures trade above 101 dollars on weak dollar Crude prices traded above 101 U.S. dollars a barrel Thursday on weak dollar and the prospect of lower interest rates. The Commerce Department said gross domestic product grew at only a 0.6 percent rate in the fourth quarter, below e ... 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 |
Wall Street Undergoes Big Mood Change NEW YORK (AP) -- With the start of a new quarter, Wall Street seems to have found something it badly needed: a major shift in sentiment.... hosted.ap.org |
Ambac shares off after posting wider-than-expected loss NEW YORK (Reuters) - Ambac Financial Group Inc , a bond insurer that struggled to raise capital earlier this year, posted a surprisingly wide first-quarter loss on Wednesday after setting aside $1 billion to cover future payouts on mortgage bonds. feeds.reuters.com |