TOP 100 FINANCIAL SITES
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| AIG outlook now negative, was stable: agencies NEW YORK (Reuters) - Standard & Poor's and Moody's Investors Service on Tuesday changed their outlooks on American International Group Inc to negative from stable, indicating a credit rating downgrade is more likely over the long term. feeds.reuters.com |
Construction Cuts Berkshire Earns 18 Pct OMAHA, Neb. (AP) -- Berkshire Hathaway Inc. said Friday its fourth-quarter profit fell almost 18 percent as its companies linked to construction were hurt by nationwide housing woes, and the company generated smaller insurance underwriting profits and investment gains.... hosted.ap.org |
Bertelsmann's Net Income Plunges Bertelsmann plans to sell its struggling U.S. book, music and DVD clubs in what could be the first step of a broader overhaul at Europe's largest media company after hefty impairment charges battered its bottom line. online.wsj.com |
Citi sees strong Mexican loan growth ACAPULCO, Mexico (Reuters) - Citigroup's Mexican arm, which accounts for around 10 percent of the group's global operations, sees strong growth in its loan portfolio this year despite the U.S. credit crisis, the bank said on Friday. feeds.feedburner.com |
Euro tops 1.60 dollars for first time The euro surpassed the psychologically important mark of 1.60 U.S. dollars for the first time on Tuesday after a European Central Bank (ECB) official reiterated the bank's hard-line policy to control inflation. In late afternoon tra ... english.people.com.cn |