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Reuters
Tuesday, 20 March 2007
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Reuters - U.S. Senate Banking Committee
Chairman Chris Dodd said on Monday he asked executives at five
big subprime mortgage companies to testify at a Thursday
hearing and explain their lending practices. |
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FT.com
Tuesday, 20 March 2007
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FT.com - Insurance stocks led the way as the FTSE 100 index Monday recouped more of its recent losses. |
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Reuters
Tuesday, 20 March 2007
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 Reuters - U.S. stocks rallied on Monday after
Britain's Barclays Plc and Dutch bank ABN AMRO confirmed they
were in talks to merge, helping the financial sector recover
from its recent hammering in the subprime mortgage market
turmoil.
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FT.com
Tuesday, 20 March 2007
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FT.com - Investors appeared to re-discover their appetite for risk on Monday as recent concerns about US subprime mortgage lending were put on the back-burner. |
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FT.com
Tuesday, 20 March 2007
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FT.com - A flurry of merger and acquisition activity lifted investors' morale on Monday and helped Wall Street recoup almost all its losses of last week. |
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Reuters
Tuesday, 20 March 2007
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 Reuters - U.S. stocks rallied on Monday after
Britain's Barclays Plc and Dutch bank ABN AMRO
confirmed they were in talks to merge, boosting
financial shares in the wake of the subprime mortgage market
turmoil.
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AP
Tuesday, 20 March 2007
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 AP - In a March 16 story about presidential candidate Christopher Dodd discussing subprime lending, The Associated Press misidentified the company that has said it would no longer buy subprime mortgages highly vulnerable to foreclosure. It is Freddie Mac, not Fannie Mae.
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AP
Tuesday, 20 March 2007
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AP - In a March 16 story about presidential candidate Christopher Dodd discussing subprime lending, The Associated Press misidentified the company that has said it would no longer buy subprime mortgages highly vulnerable to foreclosure. It is Freddie Mac, not Fannie Mae. |
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Reuters
Tuesday, 20 March 2007
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 Reuters - Deepening problems in the subprime
mortgage sector, which caters to borrowers with weak credit
histories, chipped away at U.S. homebuilder confidence in
March, the National Association of Home Builders said on
Monday.
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FT.com
Tuesday, 20 March 2007
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FT.com - A flurry of merger and acquisition activity lifted investors' morale yesterday and helped Wall Street recoup almost all of its losses from last week. |
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Read more...
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AFP
Tuesday, 20 March 2007
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 AFP - The leading share index closed in positive territory Monday as rumours that Barclays approached its European peer ABN Amro over a possible merger consolidated the financial and insurance blue-chips.
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