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FINANCIALS

Wednesday, 03 December 2008

UPDATE: Builders Soar On Lower Rates, But Pain Persists

UPDATE: Builders Soar On Lower Rates, But Pain Persists

By Dawn Wotapka and Aparajita Saha-Bubna NEW YORK -(Dow Jones)- Improved mortgage rates sent shares of home builders higher Wednesday, but no one thinks the residential crisis is over.

Source: CNNMoney.com

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Saturday, 10 January 2009

Tremont forced to halt redemptions

Tremont forced to halt redemptions

By Deborah Brewster in New York Tremont Capital Management, one of the main companies which funnelled investor money to Bernard Madoff, has been forced to halt redemptions in...

(Source: Financial Times)    read more...

Saturday, 10 January 2009

MARKET SNAPSHOT: US Stocks Finish Week Sharply Lower After Jobs Report

MARKET SNAPSHOT: US Stocks Finish Week Sharply Lower After Jobs Report

US stocks on Friday fell for a third straight session to finish sharply lower for the week, after the governments much-awaited layoff tally for December confirmed last year as the...

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

Saturday, 10 January 2009

Sheriff jailed for pocketing money meant for inmate meals

Sheriff jailed for pocketing money meant for inmate meals

By Ashley Broughton (CNN) -- A federal judge ordered a north Alabama sheriff jailed this week, saying the lawman intentionally served jail inmates woefully insufficient meals...

(Source: CNN)    read more...

Saturday, 10 January 2009

Panasonic NEO plasmas consume half the power

Panasonic NEO plasmas consume half the power

As weve been reporting for years, plasmas are much less energy efficient than LCDs. Panasonic aims to level the playing field with its new NEO PDP plasma panel, which uses half as...

(Source: CNET News)    read more...

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