Mortgage and Financial News From 2008-1-15

Previous Day: 2008-01-14

Return to the mortgage news archive home.

Page:  1 - 20 21 - 40 41 42 43 44 45
 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
 61 - 80 81 - 100

• Drastic steps from Citigroup and Merrill Lynch

  International Herald Tribune - ... mightiest banks, Citigroup's capital levels have been severely depleted in the fallout from the continuing credit ... Meanwhile, Merrill Lynch has been raising capital after losing billions of dollars on bad bets in the mortgage market. Other members of ...
  2008-01-15 11:37:00

• TSX sustains triple-digit loss

  Edmonton Sun - The Nasdaq composite index dropped 42.07 points to 2,436.23 and the S&P 500 index lost 24.83 points to 1,391.42 as Citigroup announced a US$18.1-billion writedown for bad mortgage assets and slashed its dividend. The news of Citigroup's drastic ...
  2008-01-15 08:52:00

• Business Minute: Stocks spiral lower...Oil prices plunge...Apple now ...

  Idaho8.com - The Latest in House and Home House & Home Main Today's Mortgage Rates Money This Week in Money Money Home For Small Businesses Credit and Debt Insurance Center Real Estate ... Associated Press - January 15, 2008 2:23 PM ET NEW YORK (AP) - Stocks are lower today ...
  2008-01-15 08:23:00

• Stocks plunge on credit fears

  Globe and Mail - Stocks plunge on credit fears ... from U.S. brokerage Citigroup Inc. sparked fears of further subprime mortgage market ... finds being raised — the banks are telling people that there is still more bad ...
  2008-01-15 11:01:00

• Black boxes full of bad debt

  Globe and Mail - ... how badly the financial sector has been stung by the collapse of the U.S. mortgage ... earnings on Thursday, raised another $6.6-billion to deal with its own credit woes. ... said. “All of the market really needs is the news, whether it is the good, bad ...
  2008-01-15 11:29:00

• Sector Snap: Banks Decline

  Forbes - Citigroup reported a loss of nearly $10 billion for the fourth quarter, hampered by an $18.1 billion dent in its mortgage investment portfolio. The New York-based bank also set aside $4.1 billion to cover bad loans. Last week credit card lenders ...
  2008-01-15 11:01:00

• Citigroup loses almost $10B in 4Q credit rating cut

  Arizona Daily Star - ... deficit in the bank's 196-year history, and slashed its dividend as it recorded a mammoth write-down for bad bets on the mortgage ... the value of its portfolio by $18.1 billion and said it was setting aside $4 billion to cover U.S. consumer credit ...
  2008-01-15 10:11:00

• Stocks fall on growing economic worries

  Seattle Post Intelligencer - Citigroup, the nation's biggest bank, announced on Tuesday a hefty $18.1 billion write-down for bad mortgage assets and slashed its dividend. "When consumers are beaten over the head about how bad things are, pretty soon they believe it and that ...
  2008-01-15 11:22:00

• US Bancorp fourth-quarter earnings drop 21 percent, but credit woes ...

  CNBC - It blamed the rise in bad loans on mortgage-related stress, including construction lending. U.S. Bancorp's provision for credit losses was $225 million in the fourth quarter, up $26 million from the third quarter and $56 million from a year earlier ...
  2008-01-15 09:49:00

• US Bancorp 4Q Profit Slides 21 Percent - Houston Chronicle

  US Bancorp 4Q Profit Slides 21 PercentHouston Chronicle, United States - 2 hours agoIt blamed the rise in bad loans on mortgage-related stress, including construction lending. US Bancorp's provision for credit losses was $225 million in the ...
  2008-01-15 09:49:09

• Stocks Fall Amid Weak Econmic News - The Associated Press

  Stocks Fall Amid Weak Econmic NewsThe Associated Press - 1 hour agoCitigroup, the nation's biggest bank, announced on Tuesday a hefty $18.1 billion write-down for bad mortgage assets and slashed its dividend. ...
  2008-01-15 10:30:45

• 10 Stocks Shrinking Shares - Motley Fool

  10 Stocks Shrinking SharesMotley Fool - 1 hour agoBlackstone also had trouble raising the financing necessary to complete its planned $1.8 billion buyout of PHH (NYSE: PHH) and had to pay the mortgage ...
  2008-01-15 10:49:56

• Avoiding Income Tax Errors - WSLS.com

  Avoiding Income Tax ErrorsWSLS.com, VA - 1 hour ago-Claiming the wrong filing status: Your filing status determines a number of tax benefits, like the child tax credit, earned income tax credit and dependent ...
  2008-01-15 10:50:02

• Stocks plunge as credit fears grow - ReportonBusiness.com

  Stocks plunge as credit fears growReportonBusiness.com, Canada - 1 hour ago“More cash, more finds being raised — the banks are telling people that there is still more bad news to come. I think they are right.”
  2008-01-15 10:54:21

• Recession fears send markets sharply lower - Guardian Unlimited

  Recession fears send markets sharply lowerGuardian Unlimited, UK - 57 minutes agoStandard & Poor's cut Citigroup's credit rating from "AA" to "AA minus". Its analyst, Tanya Azarchs, said: "Citigroup's performance could be rocky in 2008 ...
  2008-01-15 11:02:23

Page:  1 - 20 21 - 40 41 42 43 44 45
 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60
 61 - 80 81 - 100