Member 1740


Freddie Mac files with SEC, first step to capital (Reuters)

19-07-2008 04h48
Reuters - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.

Ford to retool U.S. plants for European cars: report (Reuters)

20-07-2008 02h52
Reuters - Car maker Ford Motor Co is drawing up plans to retool American plants to make small, fuel-efficient passenger cars that it mainly makes and sells in Europe, the Wall Street Journal reported on Saturday.

Wal-Mart's fashion show previews back-to-school (Reuters)

20-07-2008 15h03
Reuters - Wal-Mart Stores Inc presented a colorful, casual line of youthful looks for kids and teens on Saturday at a fashion show that previewed the mass-market chain's new low-cost offerings for back to school.

House prices could fall for two years: Citigroup (Reuters)

19-07-2008 17h11
Reuters - Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years.

Government weighs more charges in Bear case (Reuters)

19-07-2008 06h38
Reuters - The government is considering bringing further criminal charges in the case involving two former Bear Stearns executives indicted last month related to the collapse of two hedge funds they oversaw, a federal prosecutor said on Friday.

ECB fight against inflation a tough sell as economy stumbles (AFP)

20-07-2008 13h19
AFP - The European Central Bank is trying to convince people in the eurozone that taking a tough stand on inflation will get them through lean economic times, arguing that long-term gains warrant short-term pain.

Court upholds dismissal of verdict against trader (Reuters)

19-07-2008 01h10
Reuters - A judge was right to throw out a jury's securities fraud conviction of a former New York Stock Exchange floor trader because prosecutors did not prove their case, a federal appeals court ruled on Friday.
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