U.S. September Job Cuts Fall 29% From Year Ago, Challenger Says
Story date: 2007-10-03 05:14:00
Added on: 2007-10-03 07:00:53
Bloomberg - Over August and September, 82 percent of the announced job cuts in the financial industry were from mortgage and subprime lenders, Challenger said. Reductions are spreading to related areas, like insurance and consumer products, Challenger said ...
Read more...
Related Stories:
-
Job Cuts Worst Among Mortgage Companies (AP via Yahoo! Finance)
About 37 percent of September job cuts were connected to the housing industry as that sector continues to languish in a...
2007-10-03 05:01:10 -
Challenger boss to step down - News.com.au
CHALLENGER Financial Services says its chief executive and managing director will step down, after the company reported a bottom-line annual net loss....
2008-08-24 09:13:00 -
Broker downgrades Packer-backed Challenger
News.com.au - The broker also likes the growth prospects for the funds management division and believes Challenger will reap synergies from several...
2007-10-03 10:25:00 -
Banks may announce more job cuts
CNN Money - And even after waves of job cuts among the mortgage lenders and investment firms gambling on high-risk debt, Challenger...
2008-01-03 09:49:00 -
Challenger buys home lender for $163m
The Australian - CHALLENGER Financial Services Group has bought Choice Aggregation Services, owner of mortgage broker Choice Home Loans, for $163 million....
2007-09-02 09:57:00 -
PPR - $.0320 August Dividend (Business Wire via Yahoo! Finance)
SCOTTSDALE, Ariz.----ING Prime Rate Trust , a diversified closed-end management investment company listed on the New York Stock Exchange, declared 3.20...
2008-09-02 10:55:00 -
Employment Rebounded in September As August Decline Was Revised to ...
Wall Street Journal - The Fed's rate moves so far have been spurred by the threat posed to the economy by housing...
2007-10-05 10:27:00 -
Challenger full of challenges
The Australian - Challenger houses four main divisions - funds management, mortgages, asset management (infrastructure, real estate and fixed ... Put simply,...
2008-03-02 05:33:00
