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Southwest Q2 profits top forecast
LA Daily News- 7/25/2008 11:01:23 AM
Southwest Airlines on Thursday reported a bigger second-quarter profit than Wall Street expected, thanks to financial deals that again lowered the fuel spending for the low-fare pioneer.
Existing home sales drive stocks down
San Jose Mercury News- 7/25/2008 9:28:45 AM
Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's ...
How to keep your business bank accounts safe
USA Today- 7/25/2008 9:20:44 AM
With the collapse of a major bank, Americans are, rightfully, concerned about the safety of their money.
All Types of Mortgages see Rate Increases
The Daily News- 7/25/2008 7:00:00 AM
Mortgage rates shot up this week with 30-year mortgages climbing to the highest level in nearly a year, reflecting concerns in financial markets about the troubles at corporate giants Fannie Mae and Freddie ...
UBS hit with fraud suit over auction-rate sales
Globe and Mail- 7/25/2008 7:00:00 AM
New York Attorney-General Andrew Cuomo launched a multibillion-dollar fraud suit against UBS AG yesterday, the first legal salvo to result from a wide-ranging probe of how Wall Street marketed a popular ...
Grand jury investigating 3 lenders
Deseret Morning News- 7/25/2008 6:14:54 AM
A federal grand jury is investigating subprime mortgage lenders Countrywide Financial Corp., New Century Financial Corp.
Stocks fall after sales of existing homes decline
San Diego Union-Tribune- 7/25/2008 4:57:21 AM
Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's ...
Wachovia CFO Tom Wurtz leaving
News Observer- 7/25/2008 4:30:00 AM
Wachovia Corp. announced Thursday evening that chief financial officer Tom Wurtz is leaving the company.
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