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Global Stocks Rise on Fannie, Freddie Takeover; Treasuries Drop - Bloomberg


ABC News

Global Stocks Rise on Fannie, Freddie Takeover; Treasuries Drop
Bloomberg - 50 minutes ago
By Michael Patterson Sept. 8 (Bloomberg) -- Stocks rose in Europe and Asia, sending the MSCI World Index to its biggest gain since April, on speculation the US government's takeover of Fannie Mae and Freddie Mac will shore up the mortgage market.
Video: Paulson:'We Had No Choice' CBS
Treasurys Drop on GSE Action Wall Street Journal
CNNMoney.com - Bizjournals.com - BloggingStocks - MSN Money
all 5,251 news articles


FUTURES MOVERS Oil futures rise on storm concerns, GSE bailout - MarketWatch


BBC News

FUTURES MOVERS Oil futures rise on storm concerns, GSE bailout
MarketWatch - 29 minutes ago
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) -- Crude-oil futures rose early Monday, getting a boost from concerns that Hurricane Ike will disrupt oil production in the Gulf of Mexico as well as the US government's takeover of mortgage giants ...
Oil, Copper Lead Commodity Gains on Hurricane, Takeover Plan Bloomberg
NYMEX-Oil up on storm threat, tempered by dollar boost Reuters
guardian.co.uk - BBC News - The Associated Press - CNN
all 866 news articles


Washington Mutual Forces Out CEO - Wall Street Journal


Wall Street Journal

Washington Mutual Forces Out CEO
Wall Street Journal - 1 hour ago
By DAN FITZPATRICK and PETER LATTMAN Kerry Killinger, who helped build Washington Mutual Inc. into the nation's largest thrift and then presided over its rapid decline, was ousted as chief executive, making him the latest casualty of the mortgage ...
WaMu Ousts Killinger After Losses; Fishman Named CEO (Update1) Bloomberg
WaMu Placed On Probation As It Ousts CEO Killinger CNNMoney.com
Bizjournals.com - Reuters - MarketWatch - The Associated Press
all 313 news articles


UPDATE 1-Fannie, Freddie default swaps triggered by bailout - Reuters


Boston Globe

UPDATE 1-Fannie, Freddie default swaps triggered by bailout
Reuters - 32 minutes ago
NEW YORK, Sept 8 (Reuters) - The US government's takeover of mortgage finance companies Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.
Stocks Set to Soar on Fannie, Freddie Bailout BusinessWeek
Emerging Markets-Stocks rally nearly 4 pct on Fannie, Freddie Forbes
Seeking Alpha - BloggingStocks - Reuters - Reuters
all 442 news articles



CIT To Retain Rail Unit, Cites Improved Balance Sheet - CNNMoney.com


CIT To Retain Rail Unit, Cites Improved Balance Sheet
CNNMoney.com - 27 minutes ago
CIT Group Inc. (CIT), a beleaguered commercial finance company trying to rebound from the credit crunch, said it won't have to sell its rail leasing business, citing progress in managing its balance sheet and strengthening its liquidity.
CIT Group to retain rail car leasing unit BusinessWeek
UPDATE 1-CIT says will retain railcar leasing unit Reuters
Business Wire (press release)
all 12 news articles


Lehman's Fuld Shuffles Top Management for Third Time (Update2) - Bloomberg


Times Online

Lehman's Fuld Shuffles Top Management for Third Time (Update2)
Bloomberg - 2 hours ago
By Yalman Onaran Sept. 8 (Bloomberg) -- Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld shuffled the top ranks of his firm for the third time in four months as he negotiates with outside investors to shore up capital and sell ...
Lehman Brothers shakes up management BusinessWeek
Lehman reshuffles top management BBC News
Reuters - CNNMoney.com - TheStreet.com - Housing Wire
all 52 news articles


Ad trade group opposes Google/Yahoo collaboration - Bizjournals.com


Wall Street Journal

Ad trade group opposes Google/Yahoo collaboration
Bizjournals.com - 44 minutes ago
The Association of National Advertisers (ANA) said Monday its board has registered with the US Department of Justice its opposition to a planned search advertising partnership between Google Inc. and Yahoo Inc. New York-based ANA said it sent a letter ...
US ad body opposes Google-Yahoo deal guardian.co.uk
Big Marketers Challenge Google-Yahoo Deal Wall Street Journal
Washington Post - Reuters - The Tech Herald - MediaPost Publications
all 222 news articles


Boeing machinists strike with no new talks scheduled - MarketWatch


Washington Post

Boeing machinists strike with no new talks scheduled
MarketWatch - 41 minutes ago
By Christopher Hinton, MarketWatch NEW YORK (MarketWatch) -- Boeing Co. machinists on Monday hit the pavement for a third day to protest the manufacturer's labor-contract offer which they said fell short on healthcare benefits and job security.
Spirit Responds To Labor Strike at Boeing FOXBusiness
Boeing strike impact to be felt globally guardian.co.uk
Bloomberg - Wall Street Journal - Reuters - BBC News
all 2,864 news articles


OPEC in Vienna _ a call for production cuts - Houston Chronicle


CTV.ca

OPEC in Vienna _ a call for production cuts
Houston Chronicle - 20 minutes ago
By PABLO GORONDI AP Writer © 2008 The Associated Press VIENNA, Austria - There is too much crude on global oil markets, senior oil officials from Iran and Libya said Monday, and added that OPEC was reviewing supply levels.
OPEC ministers gather, set for no change Forbes
OPEC to Pump at Near Record as Prices Stunt Growth (Update2) Bloomberg
guardian.co.uk - Monsters and Critics.com - CattleNetwork.com - AFP
all 893 news articles


LSE Hit by Computer Failure, Biggest in Eight Years (Update2) - Bloomberg


AFP

LSE Hit by Computer Failure, Biggest in Eight Years (Update2)
Bloomberg - 49 minutes ago
By Sarah Thompson and Ambereen Choudhury Sept. 8 (Bloomberg) -- London Stock Exchange Group Plc, Europe's oldest independent exchange, said a computer failure caused the longest halt of trading in more than eight years.
UPDATE 1-London Stock Exchange struggles with system problems Reuters
Glitch halts trade on LSE AFP
MarketWatch - ZDNet - Monsters and Critics.com - Reuters South Africa
all 134 news articles


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