Fannie Mae tax credit decision could cost $5.2 bln - The Sun News
WASHINGTON — Fannie Mae said Monday it might have to ask the government for more financial assistance because the company can’t sell $5.2 billion in tax credits. The Treasury Department last week blocked the mortgage giant from selling about $2.6

Stocks climb as dollar drops, G-20 pledges to aid economies - USA This day
The Dow Jones industrial average rose 203.52, or 2.0%, to 10,226.94, topping its previous 12-month trading high of 10,119.46 set Oct. 21. The broader Standard & Poor’s 500 index rose 23.78, or 2.2%, to 1,093.08, and the Nasdaq composite index rose 41

Wall Street’s shell game will ruin us - MENAFN
ARROYO GRANDE, Calif. (MarketWatch) — Could our headline just as easily read: “Financial innovation: Wall Street’s biggest con game?” How about: Rip-off? Joke? Oxymoron? Maybe “Wall Street’s big lie?” Or something darker: “Financial innovation: Wall

Investors look to consumer for clues to recovery - Associated Press
CHARLOTTE, N.C. (AP) — Investors will get some guidance about the economy this week from data issued not by the government, but by massive retailers in the form of third-quarter earnings reports. The financial markets are still trying to get a sense of

Wall Street firms skittish about RUSAL IPO: report - Yahoo Finance
CHICAGO (Reuters) - Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of allegations that he’s

Dish beats on subscribers, sets special dividend - Daily Journal
The Dish Network logo on the side of installers truck is seen in Denver March 2, 2009. REUTERS/Rick Wilking NEW YORK (Reuters) - Dish Network Corp, the No. 2 U.S. satellite TV provider, beat Wall Street forecasts by posting a gain of 241,000

Sprint Pumping $1 Billion More Into Clearwire - NewsMax.com
NEW YORK — Sprint Nextel Corp is preparing to pump at least $1 billion more into Clearwire Corp., the Wall Street Journal reported on Sunday, citing two people familiar with the matter. Sprint’s joint venture partners on Clearwire, a group which

Dow Hits 13-Month High - ABC News
NEW YORK (Reuters) - A broad rally for U.S. stocks sent the Dow industrials to a 13-month high on Monday after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors’ desire for risk. The Dow Jones industrial

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