Where Market Surprises Lurk in 2008
Story date: 2008-01-13 02:24:00
Added on: 2008-01-13 19:33:08
Wall Street Journal - We remain concerned that the amount of losses generated due to writing of insurance on mortgage-backed securities in the form of credit default swaps is relatively unknown, which could test the solvency of a major bank," says Charles Gradante ...
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GATX rides higher on tax benefits
Chicago Tribune - Old Republic International Corp. said fourth-quarter earnings tumbled 81 percent, as the turmoil in the housing sector generated losses...
2008-01-24 11:50:00 -
Countrywide posts loss, stock soars on outlook
CNBC - Pretax losses totaled $1.31 billion in mortgage banking, $407 million in banking and $344 million in capital markets. Insurance operations...
2007-10-26 01:44:00 -
U.S. Stocks Decline on Economic Concern; AIG, Sprint Retreat
Bloomberg - The company is writing ``very little'' new bond insurance business as borrowers balk at buying a guarantee from a money-losing...
2008-02-29 11:33:00 -
Two-Year Yields Fall Most Since October on Bernanke Assessment
Bloomberg - Losses on mortgage-backed securities will probably increase this year and expand beyond subprime mortgages, insurer MBIA Inc. said yesterday. The...
2008-03-01 09:45:00 -
Resona's First-Half Profit Beats Forecast on Fees (Update2)
Bloomberg - ... said it earned more fees than expected in the period, while operating and credit ... Resona said it...
2007-10-30 04:45:00 -
UPDATE 1-Triad and Lightyear agree to form new company - Reuters
NEW YORK, May 2 (Reuters) - Triad Guaranty Inc (TGIC.O: Quote , Profile , Research ), a mortgage insurer that has suffered...
2008-05-02 02:53:00 -
UPDATE 4-Banks join to rescue bond insurer Ambac -- source
Forbes - Bond insurers are writing down their exposure, but so are banks -- Standard & Poor's Wednesday estimated total banking industry...
2008-02-01 02:08:00 -
Gramercy Capital Corp. Reports Second Quarter 2008 Results (Finanzen.net)
Second Quarter Highlights For the quarter, generated funds from operations ("FFO”) of $32.9 million, an increase of $10.4 million, or 46.2%, from...
2008-07-23 08:08:01
