Mortgage and Financial News From 2008-1-10 Page 10

RSS Feed

Previous Day: 2008-01-09

Return to the mortgage news archive home.

  • Centro trading halt has investors fearing the worst - Crikey (subscription)

    Centro trading halt has investors fearing the worstCrikey (subscription), Australia - 2 hours agoBank of America, which on Wednesday night was almost $1 billion underwater on its earlier $US2 billion bail out of teetering US mortgage giant Countrywide, ...
    2008-01-10 06:19:59
  • Philippine shares firmer in early trade on Wall St's gains ... - CNNMoney.com

    Philippine shares firmer in early trade on Wall St's gains ...CNNMoney.com - 2 hours ago'We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks,' he said. ...
    2008-01-10 06:36:36
  • Malaysian shares higher on election speculation, index hits record ... - Forbes

    Malaysian shares higher on election speculation, index hits record ...Forbes, NY - 2 hours ago... gains overnight on a report that Bank of America (nyse: BAC - news - people ) is close to buying struggling mortgage lender Countrywide Financial Corp. ...
    2008-01-10 06:49:38
  • Burned by Investing in Troubled Times - New York Times

    Burned by Investing in Troubled TimesNew York Times, United States - 1 hour agoThe bank, based in Charlotte, NC, is now poised to acquire what is left of the nation’s largest mortgage lender, with an announcement expected as soon as ...
    2008-01-10 07:02:52
  • Hong Kong gold opens at a record high - UPDATE - Forbes

    Hong Kong gold opens at a record high - UPDATEForbes, NY - 1 hour agoInvestors are wary of the market turmoil in recent months sparked by concerns over the extent of the subprime mortgage crisis in the US. ...
    2008-01-10 07:15:27
  • Equities seen higher amid positive global cues; Infosys Q3 results ... - Economic Times

    Equities seen higher amid positive global cues; Infosys Q3 results ...Economic Times, India - 1 hour ago``We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks,'' Bernanke said ...
    2008-01-10 07:43:00
  • Bank of America Close to Buying Countrywide Financial - NewsLI

    Bank of America Close to Buying Countrywide FinancialNewsLI, NY - 1 hour agoCredit reasons were one of the primary reasons that the market wavered beginning late last year with the Mortgage Meltdown, but a sudden confidence has ...
    2008-01-10 07:52:24
  • Indian ADRs end mixed - Myiris.com

    Indian ADRs end mixedMyiris.com, India - 32 minutes ago``We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks,`` Bernanke said ...
    2008-01-10 08:27:56
  • Japanese Stocks Decline on Concern Subprime Losses Will Spread - Bloomberg

    Japanese Stocks Decline on Concern Subprime Losses Will SpreadBloomberg - 21 minutes agoMerrill Lynch, the world's biggest brokerage firm, may unveil losses of $15 billion from mortgage-related assets when it reports its earnings next week, ...
    2008-01-10 08:38:44
  • Asian stocks mixed as US recession fears hurt Japan, Australia ... - CNNMoney.com

    Asian stocks mixed as US recession fears hurt Japan, Australia ...CNNMoney.com - 17 minutes agoThe Fed chief said central bankers 'stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against ...
    2008-01-10 08:42:57
  • US Federal Reserve chief hints at further rate cuts - Myiris.com

    US Federal Reserve chief hints at further rate cutsMyiris.com, India - 10 minutes agoHe highlighted the impact of slowing housing market and specifically the sub-prime mortgage crisis, was having on the wider economy. ...
    2008-01-10 08:49:22
  • Bernanke assured investors that the central bank will remain "exceptionally alert and flexible" [EPA] (Aljazeera)

    The US Federal Reserve chief has given a negative outlook for the country's economy, but assured investors that the central bank was prepared to place bold countermeasures if the situation becomes any worse.
    2008-01-10 07:45:00
  • Clinton Turns Campaign to Nevada (The San Francisco Examiner)

    LAS VEGAS ( Map , News ) - Hillary Rodham Clinton focused her attention Thursday on Nevada and its housing woes, hoping for a caucus victory Jan. 19 over chief Democratic rival Barack Obama before the multistate contests early next month.
    2008-01-10 07:45:50
  • Japanese Stocks Decline on Concern Subprime Losses Will Spread (Bloomberg.com)

    Jan. 11 (Bloomberg) -- Japanese stocks fell after the New York Times said Merrill Lynch & Co. will increase its writedowns to $15 billion, adding to speculation that further U.S. interest-rate cuts won't stem credit-market losses.
    2008-01-10 08:40:42
  • Stocks rise on potential Countrywide buy (Muzi)

    A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is close to buying struggling mortgage lender Countrywide Financial Corp.
    2008-01-10 08:52:51