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FINANCIALS

Thursday, 21 February 2008

Oil Rises Above $101 to Record on Demand for Inflation Hedge

Oil Rises Above $101 to Record on Demand for Inflation Hedge

By Mark Shenk Feb. 20 (Bloomberg) -- Crude oil rose to a record $101.32 barrel in New York as investors look to commodities as a hedge against inflation.

Source: Bloomberg

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Friday, 09 January 2009

Bank industry slams lawmaker-Citi mortgage deal

Bank industry slams lawmaker-Citi mortgage deal

By Karey Wutkowski and Dan Wilchins WASHINGTON/NEW YORK (Reuters) - A top bank industry group said on Friday that it opposes an agreement between Citigroup Inc and Democratic...

(Source: Reuters)    read more...

Friday, 09 January 2009

Circuit City in talks with possible buyers

Circuit City in talks with possible buyers

Circuit City Stores is talking with two parties about possibly acquiring the consumer electronics chain, which filed a Chapter 11 bankruptcy reorganization plan last year.

(Source: Bizjournals.com)    read more...

Friday, 09 January 2009

KB Home reports worse-than-expected quarterly loss

KB Home reports worse-than-expected quarterly loss

NEW YORK, Jan 9 (Reuters) - KB Home (KBH.N: Quote, Profile, Research) posted a worse-than-expected quarterly loss, sending its shares lower, but an upward revision to its cash...

(Source: Reuters)    read more...

Friday, 09 January 2009

Frank Says Obama Backs $729750 Fannie, Freddie Limit

Frank Says Obama Backs $729750 Fannie, Freddie Limit

By Dawn Kopecki and Alison Vekshin Jan. 9 (Bloomberg) -- President-elect Barack Obama agreed with House Democrats to increase the limit on loans Fannie Mae and Freddie Mac can...

(Source: Bloomberg)    read more...

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