Bloomberg
March 11, 2013 | Daily Business Review
Citigroup could jump 33% as unwanted assets declineThe stock may rise as Citigroup reduces the amount of money it holds against distressed assets in the Citi Holdings division while losses from the unit also decline, according to a UBS analyst.
By Bloomberg News
3 minute read
September 04, 2012 | Daily Business Review
Fannie Mae, Freddie Mac guarantee fees increased by regulatorFannie Mae and Freddie Mac will increase by an average of 10 basis points the fees they charge lenders to guarantee mortgages, to help restore the taxpayer- owned companies to fiscal stability and shrink their footprint in the mortgage market.
By Bloomberg News
2 minute read
January 07, 2011 | Daily Business Review
Intel says 'hair isn't on fire' over tablets' impact on PCsIntel Corp., facing criticism that the personal-computer industry hasn't responded quickly enough to Apple's iPad, said concerns that tablets will replace PCs are overblown.
By Bloomberg News
3 minute read
April 16, 2013 | Daily Business Review
Factory production in U.S. unexpectedly decreasesFactory production in the U.S. unexpectedly dropped in March, adding to recent signs that manufacturing is cooling.
By Bloomberg News
4 minute read
December 18, 2012 | Daily Business Review
Stores find e-mail attracts buyers better than FacebookEven as retailers debate the efficacy of social-media marketing on Facebook and Twitter, they have no doubts about the power of a decades-old technology to drive sales — e-mail.
By Bloomberg News
2 minute read
September 06, 2012 | Daily Business Review
FedEx sees first earnings drop since 2009FedEx Corp. projected its first decline in quarterly earnings in almost three years as slowing economic growth hurt demand for the express packages that provide most of its sales.
By Bloomberg News
2 minute read
October 13, 2011 | Daily Business Review
Trump agrees to pay $170 Million for Doral Golf ResortDonald Trump agreed to pay $170 million for Miami's Doral Golf Resort & Spa, a luxury property put into bankruptcy earlier this year.
By Bloomberg News
2 minute read
February 24, 2012 | Daily Business Review
Mortgage rates rise from lowest on recordRates for 30-year U.S. mortgages rose for the first time in four weeks as sales of previously owned homes climbed to the highest level since May 2010.
By Bloomberg News
1 minute read
October 18, 2011 | Daily Business Review
Growth in office demand slows in U.S. central business districtsThe growth in demand for office space in U.S. central business districts slowed in the third quarter after the country's economic recovery began losing steam, Cushman & Wakefield Inc. said today.
By Bloomberg News
3 minute read
January 05, 2011 | Daily Business Review
Free puppy promotion puts Carlos Slim's America Movil in PETA doghouseAmerica Movil SAB, billionaire Carlos Slim's wireless carrier, is drawing criticism from People for the Ethical Treatment of Animals for a promotion to give away 200 puppies in a raffle for Colombian customers.
By Bloomberg News
2 minute read
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