Loews Profit Drops on CNA Settlement, Investment Loss (Update3)
Story date: 2007-10-29 01:55:00
Added on: 2007-10-29 22:50:25
Bloomberg - This year's figure includes the writedown of $122 million in assets, about a quarter of them linked to subprime mortgages, and gains on derivate contracts, Chief Financial Officer Craig Mense said on the call. In the second quarter, CNA reported an ...
Read more...
Related Stories:
-
Bear Stearns to take $1.2 billion credit writedown, post loss in the ...
San Diego Union-Tribune - ... 1.2 billion writedown in the fourth quarter related to weakness in its credit ... hedge funds...
2007-11-14 03:35:00 -
Asian stocks mostly higher as credit worries ease - UPDATE
CNN Money - ... Financial News. Merrill Lynch may be facing a 10-billion dollar subprime-related writedown in the current quarter on...
2007-12-26 01:30:00 -
Postbank sees FY 2007 pretax at more than 1 bln eur
Forbes - The figure already includes writedowns of the bank's portfolio for subprime mortgage loans, he said. He said as was announced...
2008-01-21 10:57:00 -
Mortgage mess is behind $3 billion charge at BofA
MSNBC - Bank of America hit by $3 billion in bad debts Fourth quarter writedown related ... related writedown in the fourth...
2007-11-13 01:49:00 -
We are now in recession - there is no doubt (Guardian Unlimited)
Blimey! Even those of us who have been gloomy on the economy all through this year were shocked...
2008-10-25 05:21:46 -
BofA $3B Writedown Adds to Credit Angst
Forbes - So far, at least six companies have said they expect mortgage-related writedowns in the fourth quarter, totaling nearly $23 billion...
2007-11-13 01:49:00 -
B of A Will Take $3 Billion Writedown
The Ledger - So far, at least six companies have said they expect mortgage-related writedowns in the fourth quarter, totaling nearly $23...
2007-11-14 03:32:00 -
Santander's Profit Declines on Sovereign Writedown (Update3)
Bloomberg - ... quarter profit declined as it booked a 737 million-euro ($1.08 billion) writedown on its investment in the U.S....
2008-02-07 03:02:00
