TOP 100 FINANCIAL SITES
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| IndyMac Posts $509 Million Loss on Mortgage Woes NEW YORK (Reuters) - IndyMac Bancorp Inc , posted a$509.1 million fourth-quarter loss and suspended its dividendindefinitely on Tuesday, but expects to be profitable soonerthan expected as it recovers from soaring mortgage lossescaused by the U.S. housing slump. feeds.reuters.com |
Consumer Spending Stalls WASHINGTON (AP) -- Consumer spending is threatening to stall out while consumer confidence, battered by soaring energy costs and falling home prices, has taken a steep nosedive.... hosted.ap.org |
Stocks Retreat After Tuesday's Rally NEW YORK (AP) -- Stocks pulled back Wednesday as investors paused a day after the market's huge rally and digested better-than-expected results at Morgan Stanley that eased concerns about the investment banking sector. The Dow Jones industrials fell more than 100 points.... hosted.ap.org |
MBIA's bond insurer unit loses top rating from Fitch NEW YORK (Reuters) - MBIA Inc's insurance arm onFriday lost its top rating from Fitch Ratings, which also cutthe parent company's ratings due to capital adequacy concerns. feeds.feedburner.com |
Yahoo Takeover Talk Veering Toward Impasse Yahoo Inc.'s first-quarter performance was a little like Goldilocks' favorite soup - not too hot and not too cold, and that has set the table for a bitter battle over Microsoft Corp.'s bid to take over the Internet pioneer. feeds.cbsnews.com |