Tag Archives: defaults

At the bell market report (FITB, DELL, LRCX)

In the report: Fifth Third Bancorp. (NASDAQ:FITB), Dell (NASDAQ:DELL) and Lam Research Corp. (NASDAQ:LRCX).

Fifth Third Bancorp. (NASDAQ:FITB) gained more than 8.4 percent today after reported better than expected earnings in the third quarter as loan defaults dropped and interest …

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Oil soars on hope of Europe containing debt crisis

Oil is trading more than 4.5 percent higher today as investors speculate that European leaders are nearing a plan that will see the regions debt crisis contained.

The hopes are that Greece will receive the next round of bailout funds …

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Fannie Mae reports wider loss in 2Q, will ask taxpayers for additional $2.8B

Fannie Mae reported friday that continued challenges in the housing and mortgage market and the restructure of loans to reduce the number of defaults pushed the company into a second quarter loss.

The government-controlled company said that for the three …

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Euro remains flat after stress test

The dollar stayed mainly flat against the euro during trading on friday after the European Banking Authority released its results on a recent stress test i which fewer banks failed than expected.

Only eight out of 90 banks failed the …

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