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U.S. mortgage lenders say they have plenty of capital
July 11, 2008 on 10:10 pm | In Business News | No CommentsWASHINGTON (Reuters) - U.S. companies Fannie Mae and Freddie Mac said on Friday that their finances were sufficiently sound to withstand the housing crisis as government officials scrambled to restore confidence in the country’s two largest mortgage finance companies.
Regulator to run IndyMac while buyer sought
July 11, 2008 on 7:55 pm | In Business News | No CommentsWASHINGTON (Reuters) - Mortgage lender IndyMac Bancorp Inc was taken over by the Federal Deposit Insurance Corp on Friday, which will run the bank while it looks for a buyer.
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Regulator to run IndyMac while buyer sought
Fannie and Freddie say they have plenty of capital
July 11, 2008 on 6:31 pm | In Business News | No CommentsWASHINGTON (Reuters) - Fannie Mae and Freddie Mac said on Friday that their finances were sufficiently sound to withstand the housing crisis as government officials scrambled to restore confidence in the country’s two largest mortgage finance companies.
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Fannie and Freddie say they have plenty of capital
Oil pulls back from record above $147
July 11, 2008 on 2:55 pm | In Business News | No CommentsNEW YORK (Reuters) - Oil prices jumped $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week.
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Oil pulls back from record above $147
FTSE falls to lowest close in three years
July 11, 2008 on 2:10 pm | In Business News | No CommentsLONDON (Reuters) - The top share index slid 2.7 percent on Friday to hit its lowest closing level in nearly three years, as banks fell on fears of more capital raising and worries about a bigger tax bill weighed on Vodafone.
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FTSE falls to lowest close in three years
InBev and Anheuser seen holding deal talks
July 11, 2008 on 1:44 pm | In Business News | No CommentsNEW YORK/PHILADELPHIA (Reuters) - Anheuser-Busch has finally begun negotiations for a friendly merger with InBev , a source familiar with the situation said on Friday, sending shares of both brewers up more than 7 percent.
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InBev and Anheuser seen holding deal talks
Oil briefly hits record above $147
July 11, 2008 on 1:11 pm | In Business News | No CommentsLONDON (Reuters) - Oil leapt $5 to a record high above $147 a barrel on Friday amid growing worries of threats to supplies from Iran and Nigeria and a strike by Brazilian oil workers next week.
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Oil briefly hits record above $147
FTSE falls 2.7% to lowest close since Oct 2005
July 11, 2008 on 12:04 pm | In Business News | No CommentsLONDON (Reuters) - The top share index slid 2.7 percent on Friday to hit its lowest closing level in nearly three years, as banks fell on fears of more capital raising and worries about a bigger tax bill weighed on Vodafone.
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FTSE falls 2.7% to lowest close since Oct 2005
Worries over U.S. mortgage firms grow
July 11, 2008 on 11:57 am | In Business News | No CommentsWASHINGTON (Reuters) - Fear spread on Friday that the U.S. housing crisis would drag down the nation’s major mortgage finance agencies and the …
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Worries over U.S. mortgage firms grow
Oil hits record above $147 as supply fears intensify
July 11, 2008 on 11:22 am | In Business News | No CommentsLONDON (Reuters) - Oil leapt $5 to a new record high above $147 a barrel on Friday, spurred by growing worries of threats to supplies from Iran and Nigeria and the possibility of a strike by Brazilian oil workers next week.
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Oil hits record above $147 as supply fears intensify
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