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wall street
Putting Their Houses in Order
Those questions reverberated through Wall Street and Washington on Friday, when the two companies shares fell yet again in a day of wild swings that left investors fearful of what might happen next. Wall Street analysts disagree over how high the...
Fannie and Freddie: A wild ride
...3% when he concluded his comments. Still, the problems for Freddie and Fannie weighed on broader markets, causing a , especially hitting major banks, Wall Street firms and home builders....
Stocks battered in early trade
The Bush administration is considering having the government take over one or both firms, according to the New York Times. Meanwhile, the Wall Street Journal said other options include the Federal Reserve or the Treasury stepping in.
Profit Falls 6% at General Electric
Its shares dropped 10 percent and the broader market also was sharply lower on worries about the weakening economy. GE blamed disruptions in its financial business late in the first quarter for its inability to advise Wall Street in advance about...
Fannie and Freddie plunge again
The Wall Street Journal reported a number of scenarios it said are being discussed by bankers and analysts to deal with investors' current crisis of confidence in the firms, including possibly having the Federal Reserve purchasing some of their...
Stocks zigzag higher
...companies were insolvent and may need a government bailout. Bush administration discussions of what to do should the companies fail have reportedly been amplified in recent days, The Wall Street Journal reported....
Stocks choppy as techs lean higher
...of what to do should the companies fail have reportedly been amplified in recent days, The Wall Street Journal reported....
Treasury prices flat on mixed news
...finance companies continued to plunge on worries about a potential collapse. Bush administration discussions of what to do should Fannie (FNM, Fortune 500) and Freddie (FRE, Fortune 500) fail have been amplified in recent days, the Wall Street...
Execs Admit Competition to Blame for Flat Corona Sales
There has been 'some impact from new competitive product introductions,' Rob Sands, CEO of Constellation Brands, recently told Wall Street analysts. Constellation Brands owns 50% of Corona importer Crown Imports.
Fannie and Freddie Stocks Plummet
...that Bush administration officials were meeting with regulators to discuss contingency plans should they be unable to raise funds and support the worst housing market since the Great Depression, according to a report in the Wall Street Journal....