Financial Sector

Source: www.washingtonpost.com --- 11 days ago
David Ellison says the one thing investors have to assume about the credit crunch is that "we're going to come out the other side." Ellison plans for his two Financial-Sector funds to come out the other side, too, so he is focusing on finding the battered Sector's survivors. ...

Source: www.reuters.com --- 10 days ago
NEW YORK (Reuters) - Stock index futures fell on Tuesday as fears that the U.S. housing slump will spawn more losses for the Financial Sector caused investors to pare back risk. ...

Source: www.washingtonpost.com --- 11 days ago
NEW YORK -- Treasury prices rose Monday as ongoing political tension overseas and uncertainty about the Financial Sector sent investors in search of safe assets. ...

Source: www.washingtonpost.com --- 8 days ago
NEW YORK -- Wall Street appeared headed for a lower open Thursday amid growing anxiety over the Financial Sector, particularly the embattled investment bank Lehman Brothers Holdings Inc. ...

Source: www.marketwatch.com --- 9 days ago
Lehman Brothers shares fall for a second day, hit by intensifying speculation it will sell its investment management arm, while the broader Financial Sector is dragged lower as Goldman Sachs cut third-quarter estimates for most Wall Street brokers. ...

Source: online.wsj.com --- 4 days ago
The Wall Street Journal's What's News ...

Source: www.marketwatch.com --- 4 days ago
Canadian stocks finish with losses, as the Financial Sector leads a broad-based slump. ...

Source: www.jsonline.com --- 4 days ago
Worries about more potential trouble for the Financial services industry helped send the Dow Jones industrial... ...

Source: www.prnewswire.com --- 4 days ago
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Source: business-times.asiaone.com --- 2 days ago
SINGAPORE should beef up its Financial Sector by reviewing standards and practices to weather the current credit crisis, Prime Minister Lee Hsien Loong said at insurer Great Eastern Life's centennial celebrations yesterday. ...

Source: www.kansascity.com --- 8 days ago
Stocks fell in early trading Thursday as oil prices rose again and investors grew more anxious about the Financial Sector, particularly mortgage financiers Fannie Mae and Freddie Mac and investment bank Lehman Brothers Holdings Inc. ...

Source: seekingalpha.com --- 2 days ago
The LFB submits: Dollar Index: The Fed's plan seems to be fairly clear. Mr. Bernanke is expecting to see the economy slow in the second half of the year (and possibly into next year as well), so he wants to let the projected decrease in demand depress prices. It already looks as if Q3 GDP will be slower than what was seen in the first half of 2008. After the report on Durable Goods Orders showed that shipments of non defense capital goods increased 0.6%, economists put that together with inventories and made an early estimate of 1.5% for the third quarter. Whether a 1.5% GDP is sufficient enough to slow inflation is another story, but if this year's hurricane season does significant damage to production in the Gulf of Mexico, Mr. Bernanke may be faced with no choice but to indeed raise rates "sooner rather than later." In the meantime, the dollar's inverse correlation to oil was well in evidence again on Wednesday, as traders bid up oil on speculation that Hurricane Gustav could potentially disrupt supplies from the Gulf of Mexico. Complete Story » ...

Source: cbs2chicago.com --- 4 days ago
Stocks sank in thin trading Monday as worries about the credit ratings of American International Group Inc. weighed on the Financial Sector. The major indexes fell more than 1 1/2 percent, including the Dow Jones industrial average, which was off about 250 points. ...

Source: wcbstv.com --- 4 days ago
Stocks sank in thin trading Monday as worries about American International Group Inc. touched off broader concerns that Financial companies will face more trouble to come. The Dow Jones industrial average fell by nearly 250 points. ...

Source: kdka.com --- 4 days ago
Stocks sank in thin trading Monday as worries about the credit ratings of American International Group Inc. weighed on the Financial Sector. The major indexes each fell about 2 percent, including the Dow Jones industrial average, which was off about 250 points. ...

Source: www.iht.com --- 3 days ago
Worries about world growth were also fueled after the International Monetary Fund trimmed global growth forecasts. ...

Source: www.bignewsnetwork.com --- 4 days ago
BOSTON (MarketWatch) -- Exchange-traded funds tracking small-capitalization stocks were among the largest decliners on Monday as a result of their relatively higher weighting to the troubled Financial... ...

Source: freeinternetpress.com --- 4 days ago
Stocks sank in thin trading Monday as worries about the credit ratings of American International Group Inc. weighed on the Financial Sector. The major indexes at times fell more than 1 1/2 percent, including the Dow Jones industrial average, which was off about 225 points. Bond prices jumped as investors fled to the safety of government debt. AIG was the steepest decliner among the 30 stocks that make up the Dow industrials after a Credit Suisse analyst cut his price target on the world's largest insurer and after Fitch Ratings warned late Friday that it might cut its ratings on the company, which has been buffeted by investors' distaste for some of the types of complex debt instruments on AIG's books. The Financial Sector has struggled in part because of a spike in the number of homeowners who have fallen behind on their mortgage payments. A report Monday by a trade group for real estate agents showed that the number of unsold properties reached an all-time high in July. The National Association of Realtors' report that sales of existing homes increased 3.1 percent was better than Wall Street expected but investors appeared generally unimpressed by the overall findings. The news arrived as volume remains light, with many traders on vacation for the last week of August. Sean Simko, head of fixed income management SEI Investments, said that the stock and bond markets are likely showing outsize reactions because of the thin stream ...

Source: www.etruth.com --- 10 days ago
Wall Street retreated Monday after Fannie Mae and Freddie Mac fell to their lowest levels in nearly... ...

Source: www.lloyds.com --- 9 days ago
DOW JONES NEWSWIRES International companies trading in New York ended lower, hurt by continued woes in the Financial Sector and a tough day for stocks in Europe. Th... ...