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| MBIA profit rises (Credit cards) on accounting gain - Washington |
| Friday, August 8, 2008 |
MBIA profit rises on accounting gain - Washington Post Resize NEW YORK (Reuters) - MBIA Inc (MBI.N) posted a $1.7 billion quarterly profit due to an accounting change that turned credit problems into a big gain, but the world's largest bond insurer said on Friday it is having trouble winning new business Source: www.washingtonpost.com Fitch cuts Georgia government credit rating to 'B+' - Forbes Georgia - NEW YORK (Reuters) - Fitch Ratings cut its foreign-currency sovereign credit rating for Georgia by one notch to "B+" from "BB-" Friday as the government moved toward war with its neighbor Russia over the breakaway region of South Ossetia Source: www.forbes.com FACTBOX-Global write-downs and credit cards credit losses - Reuters Aug 8 (Reuters) - Fannie Mae (FNM.N: Quote , Profile , Research , Stock Buzz ) reported $5.3 billion in credit-related expenses for the second quarter, as it added to its loss reserves. Below is a summary of around $404 billion of credit-related Source: www.reuters.com MBIA profit soars on derivatives gain - Reuters NEW YORK (Reuters) - MBIA Inc's (MBI.N: Quote , Profile , Research , Stock Buzz ) quarterly profit jumped sharply on gains from derivatives, but credit rating downgrades have made it much harder to win new business, the bond insurer said on Friday Source: www.reuters.com Harley Davidson A' corporate credit rating off negative watch - S&P - Forbes MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has removed all ratings, including the 'A' long-term corporate credit rating, on motorcycle manufacturer Harley-Davidson Inc. from negative watch, where they were placed on April Source: www.forbes.com
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| posted by @ Friday, August 8, 2008 |
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