Italian banks slumped in Milan trading amid concern the European debt crisis may spread just as lenders face scrutiny from regulators over capital levels.
BusinessWeek.com — Finance
UniCredit SpA and Intesa Sanpaolo SpA shares slumped in Milan after a review of lenders’ credit ratings sparked concern the European debt crisis may spread.
BusinessWeek.com — Finance
European stocks fell after the benchmark Stoxx Europe 600 Index posted the biggest gain in two months as Royal Philips Electronics NV tumbled. U.S. index futures declined, while Asian shares climbed.
BusinessWeek.com — Finance
Foreclosure filings in the U.S. tumbled last month to the lowest in almost four years as banks weighed down by an increasing inventory of seized homes delayed processing defaults, according to RealtyTrac Inc.
BusinessWeek.com — Finance
Sino-Forest Corp., the Chinese tree- plantation owner that’s plunged 82 percent since being targeted by short-seller Carson Block, said its largest holder Paulson & Co. has advised it on how to deal with Block’s allegations.
BusinessWeek.com — Finance
LinkedIn Corp., the hottest initial public offering in the U.S. since at least 2006, may not be growing fast enough to justify its valuation.
BusinessWeek.com — Finance
Bay area property prices may tumble after reclaimed land is damaged
BusinessWeek.com — Finance
Japanese equities tumbled on renewed concern that a worsening nuclear crisis may cripple the world’s third-largest economy and as the yen rose to a record, threatening exports.
BusinessWeek.com — Finance
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