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Financial Stocks: Bond and mortgage insurers jump on MBIA deal

Date: Thu, 28. August 2008 21:09:00
Shares of mortgage and bond insurers rally Thursday on news that MBIA Inc. is in a deal to reinsure billions of dollars in municipal bonds, showing the embattled bond insurer is able to attract new business despite the credit crunch.

Corrections: Swaps settlement watched for signs of credit-market recovery

Date: Tue, 21. October 2008 23:47:00
An Oct. 21 MarketWatch report inaccurately reported that the settlement of Lehman Brothers' (LEHMQ) credit-default swaps had closed. It is still pending. See corrected story pa href="http://feedads.googleadservices.com/~a/7MSDWKBZNxWrErnvMgyimOKaFeQ/a"img src="http://feedads.googleadservices.com/~a/7MSDWKBZNxWrErnvMgyimOKaFeQ/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=RUdgjbhU"img src="http://feedproxy.google.com/~f/marketwatch/financial?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=xY4miofz"img src="http://feedproxy.google.com/~f/marketwatch/financial?i=xY4miofz" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=dSTmrR41"img src="http://feedproxy.google.com/~f/marketwatch/financial?i=dSTmrR41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=mQ8jxMLE"img src="http://feedproxy.google.com/~f/marketwatch/financial?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/financial/~4/zNaQsDTSuMo" height="1" width="1"/

Visa, Huawei, ARM to Join Symbian Group

Date: Tue, 21. October 2008 20:58:00
British chip designer ARM, Visa, Huawei and nine others say they plan to join the Symbian Foundation for free access to its software. Support for the Symbian OS may give it an edge over Google's Android platform in the mobile phone software market.br/ - HELSINKI (Reuters) British chip designer ARM, card network Visa, Chinese technology group Huawei and nine others said on Tuesday they planned to join the Symbian Foundation to get free access to its software. Since June 2008, 52 companies have said they plan to join the foundation, including ... pa href="http://feedads.googleadservices.com/~a/QSHFtzaenYbASgSRjJK3zfLHirg/a"img src="http://feedads.googleadservices.com/~a/QSHFtzaenYbASgSRjJK3zfLHirg/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=moTjaRSR"img src="http://feedproxy.google.com/~f/RSS/tech?d=41" border="0"/img/a a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=nxh92mHo"img src="http://feedproxy.google.com/~f/RSS/tech?i=nxh92mHo" border="0"/img/a a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=IBetrRF9"img src="http://feedproxy.google.com/~f/RSS/tech?d=50" border="0"/img/a a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=BIHojrkT"img src="http://feedproxy.google.com/~f/RSS/tech?d=43" border="0"/img/a a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=0g58AjgQ"img src="http://feedproxy.google.com/~f/RSS/tech?d=52" border="0"/img/a a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=wPFzA4T8"img src="http://feedproxy.google.com/~f/RSS/tech?d=54" border="0"/img/a a href="http://feeds.ziffdavisenterprise.com/~f/RSS/tech?a=DW3JToTi"img src="http://feedproxy.google.com/~f/RSS/tech?i=DW3JToTi" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/RSS/tech/~4/8R70jaDUoz0" height="1" width="1"/

Citigroup mulls credit-card promise on rates: report

Date: Wed, 25. June 2008 15:29:08
BOSTON (MarketWatch) -- Citigroup Inc. may reconsider its policy of not reserving the right to raise interest rates on its credit cards at any time, for any reason, according to a report in the New York Times on Wednesday. Citi is mulling the move over as it deals with a bevy of financial woes, according to company executives, the newspaper said. A spokesman for Citigroup declined to comment for the story, but a decision could come this week, according to the report. Citigroup shares were up nearly 3% as the banking sector rose early Wednesday.

BMW, Mercedes October Sales Drop as Credit Crunch Saps Demand - Bloomberg

Date: Fri, 7. November 2008 16:23:29
table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/19i-0fd=Rurl=http://news.bbc.co.uk/1/hi/business/7715604.stmcid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNGzLA5buTFyuZlfQjMOX63zx-9XFAimg src=http://news.google.com/news?imgefp=npqo4FfoOioJimgurl=newsimg.bbc.co.uk/media/images/45183000/jpg/_45183922_-16.jpg width=80 height=60 alt= border=1brfont size=-2BBC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/19-0fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601100%26sid%3DaFcHXKrfKfg8%26refer%3Dgermanycid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNHur97JdXDPzX03MHBwJRs851taKwbBMW, Mercedes October Sales Drop as Credit Crunch Saps Demand/b/abrfont size=-1bfont color=#6f6f6fBloombergnbsp;-/font nobr10 hours ago/nobr/b/fontbrfont size=-1By Chris Reiter Nov. 7 (Bloomberg) -- Bayerische Motoren Werke AG and Daimler AG#39;s Mercedes-Benz Cars unit, the world#39;s top two makers of luxury cars, sold a combined 31000 fewer vehicles last month as the credit crunch discouraged large purchases by b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/19-1fd=Rurl=http://ap.google.com/article/ALeqM5gU1nWs83h0KiTcBsAvMwzccUp8HQD94A7H400cid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNF1OhUg4-If-8tFm_DdYrNSeHXhyADaimler: Oct. global sales slide 18 percent/a font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/19-2fd=Rurl=http://news.bbc.co.uk/1/hi/business/7715604.stmcid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNGzLA5buTFyuZlfQjMOX63zx-9XFAGerman production sees sharp fall/a font size=-1 color=#6f6f6fnobrBBC News/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/19-3fd=Rurl=http://www.dailytimes.com.pk/default.asp%3Fpage%3D2008%255C11%255C08%255Cstory_8-11-2008_pg5_52cid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNHJm3Vo7cpQHVd0gHOKgkXUkPoqRAnobrDaily Times/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/19-4fd=Rurl=http://www.mercurynews.com/weekenddrive/ci_10926481cid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNFia_13_cYh_9vWfmtdfqoS3geArgnobrSan Jose Mercury News/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/19-5fd=Rurl=http://www.reuters.com/article/newsOne/idUSTRE4A52V020081107cid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNHBEx46JfuNzuP2i4Dp5pvgBW81cQnobrReuters/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/19-6fd=Rurl=http://in.reuters.com/article/businessNews/idINIndia-36382520081107cid=1267906306ei=7AIVSfniE5jI9AT3idCTAwusg=AFQjCNFLVgruzq2BcEvyxGco8hFA732T5AnobrReuters India/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?ned=usncl=1267906306hl=ennobrball 319 news articles/b/nobr/a/font/div/font/td/tr/table

Retailers post mixed June sales results (AP)

Date: Thu, 10. July 2008 14:39:48
AP - Shoppers, enticed by heavy discounts and armed with rebate checks, spent more freely in June, helping to lift many retailers' sales. The outlook for the back-to-school season remains tough, though, as consumers confront high gas and food prices, a slumping housing and tighter credit.

Surprise cuts in equity lines chop homeowners from needed cash

Date: Tue, 1. July 2008 21:27:00
When Denise Lopez bought two new tables, a floor lamp and a chair recently, her intent was to finance it with her home equity line of credit. But it wasn?t long before she discovered that wasn?t an option -- her HELOC had been frozen.

Five tips for borrowers whose home equity credit line is frozen

Date: Sun, 29. June 2008 19:30:00
When Denise Lopez bought two new tables, a floor lamp and a chair recently, her intent was to finance it with her home equity line of credit. But it wasn?t long before she discovered that wasn?t an option -- her HELOC had been frozen.

Credit crunch pushes LandAmerica into arms of rival

Date: Fri, 7. November 2008 17:51:00
LandAmerica Financial Group agrees to be acquired by Fidelity National Financial as the housing slump and credit crunch force the struggling title insurer into the arms of its rival. pa href="http://feedads.googleadservices.com/~a/eRRZFNmKE7Q367kLMnxITUrzVcE/a"img src="http://feedads.googleadservices.com/~a/eRRZFNmKE7Q367kLMnxITUrzVcE/i" border="0" ismap="true"/img/a/pdiv class="feedflare" a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=PN5GRfal"img src="http://feedproxy.google.com/~f/marketwatch/financial?d=41" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=pLu7ugxR"img src="http://feedproxy.google.com/~f/marketwatch/financial?i=pLu7ugxR" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=DYFEEVts"img src="http://feedproxy.google.com/~f/marketwatch/financial?i=DYFEEVts" border="0"/img/a a href="http://feeds.marketwatch.com/~f/marketwatch/financial?a=eLIGANbQ"img src="http://feedproxy.google.com/~f/marketwatch/financial?d=52" border="0"/img/a /divimg src="http://feedproxy.google.com/~r/marketwatch/financial/~4/3nlC9zj2SJA" height="1" width="1"/

TVA Security Lapses Could Endanger US Health, Economy

Date: Fri, 23. May 2008 15:04:04
coondoggie links to a Network World story about myriad security flaws (described in a report from the Governmental Accountability Office) at all levels of the Tennessee Valley Authority, the country's largest public power utility, excerpting: "The Tennessee Valley Authority (TVA) is a federal corporation that generates power using 52 fossil, hydro and nuclear facilities in an area of about 80,000 square miles and has not fully implemented appropriate security practices to protect the control systems used to operate its critical infrastructures, the GAO concluded. TVA's corporate network infrastructure and its control systems networks and devices at individual facilities and plants reviewed were vulnerable to disruptions that could endanger a good portion of the country's economic security and public health and safety, the GAO said." The TVA is hardly alone, though, when it comes to governmental computer security. Reader bc90021 points out the Federal Government's newly released Computer Security Report Card (prepared for Congressman Tom Davis), which "breaks down the agencies and assigns them all a grade. There are plenty of Fs, not the least of which is for the newly reconnected Department of the Interior."Read more of this story at Slashdot.
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Page: 308 of 439 pages.