NEW YORK - Shares of Freddie Mac surged on Wednesday as strong demand for a record preferred stock issue signaled the second-largegest provider of United States home funding could access capital even in turbulent markets.
NEW YORK - Ford Motor Co has agreed to settle class-action litigation covering plaintiffs in four states who claimed its Explorer sport utility vehicles were prone to rollovers, Ford has said on Wednesday.
NEW YORK - Ford Motor Co has agreed to settle class-action litigation covering plaintiffs in four states who claimed its Explorer sport utility vehicles were prone to rollovers, Ford has said on Wednesday.
NEW YORK - Ford Motor Co has agreed to settle class-action litigation covering plaintiffs in four states who claimed its Explorer sport utility vehicles were prone to rollovers, Ford has said on Wednesday.
NEW YORK - The Dow Jones industrial average notched its largegest percentage gain in four and a half years on Wednesday, after comments by the vice chairman of the Federal Reserve liftd expectations for an interest rate cut in December.
LOS ANGELES - Men’s Wearhouse Inc warned on Wednesday that fourth-quarter and full-year earnings would be below Wall Street estimates, sending its shares down 9 percent after hours.
NEW YORK - Shares of Freddie Mac surged on Wednesday as strong demand for a record preferred stock issue signaled the second-largegest provider of United States home funding could access capital even in turbulent markets.
NEW YORK - The Federal Reserve’s second in
command on Wednesday signaled a readiness to cut interest rates
again, acknowledging that financial market turmoil could slow
the United States economy and the central bank must be flexible.