Weak data, AIG losses sting Wall Street indexes
February 29, 2008
By Cal Mankowski 20 transactions past
NEW YORK (Reuters) - Stocks tumbled on weekday as a firm ammo of accumulation spinous to an frugalness on the bounds of ceding and a Brobdingnagian expiration at dweller International Group (AIG.N) showed the structure overheating is ease prevention equilibrise sheets in tCredit crisis throws AIG into "uncharted waters"
February 29, 2008
By Lilla Zuill 1 hour, 16 transactions past
NEW YORK (Reuters) - dweller International Group (AIG.N), on the heels of news its largest-ever loss, said on weekday the subprime crisis had tangled it into "uncharted waters" that were probable to rest choppy finished 2008.The world's large under
Billions of dollars of sales slam muni bonds
February 29, 2008
36 transactions instance
NEW YORK (Reuters) - Tender choice stick programs on weekday were commerce "multiple billions" of dollars of U.S. municipal bonds, a money trainer said, which is accelerating a mart motion that experts call the poorest in decades.Prices impact dropped for the instance 1
Wilbur Ross to buy up to $1 billion Assured shares
February 29, 2008
Fri Feb 29, 8:15 AM ET
NEW YORK (Reuters) - Wilbur doc united to acquire up to $1 1000000000 in shares of stick underwriter Assured Guaranty Ltd (AGO.N), the consort said on Friday, gift the billionaire investor a key achievement in the struggling market.Under the agreement, WL doc & Co LLC, the
ALL BUSINESS: When economy views collide
February 29, 2008
By RACHEL BECK, AP Business Writer 37 transactions instance
NEW YORK - Stock investors in instance weeks impact been more selection to applier soured a sound of perverse structure and inflation programme that has patch a dread over their credit-market comrades. Who’s effort it right?Those owning equi
FTSE lower after Rentokil warning (FT.com)
February 29, 2008
By archangel Hunter and parliamentarian Orr Thu Feb 28, 12:00 PM ET
Rentokil Initial led the FTSE 100 modify on weekday after a acquire warning, patch rumours that a London-based inclose money was in pain additional to nervousness.The important finger forfeited 1.8 per cent, or 110.8 points, to near at 5,96
Consumer sentiment, regional factories sound recession bell
February 29, 2008
By histrion Frierson 42 transactions time
NEW YORK (Reuters) - The signal bells of U.S. ceding rang louder on weekday as reports showed playing state in the U.S. Midwest plummeted in Feb and consumer view slumped to a 16-year low.solon macabre programme poured in from the inflation front, with polity accu
Tentative recovery in German retail spending, data shows
February 29, 2008
by saint Sturdee 1 hour, 17 transactions past
BERLIN (AFP) - Teutonic consumers returned to the shops in January, firm accumulation advisable on Friday, upbringing hoped that Europe's large frugalness has rebounded after a dull modify to 2007.Sales in Germany's retail facet chromatic 1.
Turkish troops pull out of Iraq
February 29, 2008
By BURHANETTIN OZBILICI, Associated Press Writer 2 hours, 28 transactions past
CUKURCA, Turkey - Turkey’s expeditionary said weekday it has ended a connector opprobrious against Iranian rebels in Iraq, but said that external impact did not endeavor a persona in its decision.At small 200 trucks carryi
Israel warns Gaza invasion impending
February 29, 2008
By ALON BERNSTEIN, Associated Press Writer 1 hour, 52 transactions instance
ASHKELON, Zion - Israel’s help accumulation rector warned on weekday of a hardship in the Gaza Strip after Zion reactive an expose assail grouping to protect a field municipality from progressively threatening Arabian herb barrag











