WASHINGTON, July 8 (UPI) -- Two critical players in U.S. mortgage financing have stumbled badly since the first of the year, a signal that huge write-downs aren't over, analysts said.
NEW YORK, April 21 (UPI) -- Bank of America's first-quarter report for 2008 showed it was not immune to the economic problems that have plagued U.S. financial companies recently.
NEW YORK, April 17 (UPI) -- U.S. finance giant Merrill Lynch lost $1.96 billion in the first quarter, including $9.4 billion in write-downs, the company reported Thursday.
NEW YORK, March 13 (UPI) -- A morning slump turned around in U.S. stock indexes Thursday, after Standard & Poor's announced it spotted light at the end of the write-down tunnel.
NEW YORK, Dec. 20 (UPI) -- Bear Stearns, the New York brokerage giant, recorded the first quarterly loss in its 84-year history after being saddled with mortgage write-downs.
