Market Mover
Market Mover
American Reporter - ANGEL FIRE, N.M. — Perhaps if Wall Street analysts paid more attention to political news than micro financial news, they would have a better handle on the roller coaster of global markets in recent weeks. When President George W. Bush played tourist
Deutsche Telekom to restructure T-Systems unit - sources
Forbes - FRANKFURT (Thomson Financial) - Deutsche Telekom AG is planning to combine the two separated segments Enterprise Services and Business Services at its T-Systems unit, Thomson Financial News’ partner agency dpa-AFX reported, citing company sources
NABE: Bad credit biggest risk to economy
BusinessWeek - Bad credit has supplanted terrorism as the gravest immediate risk threatening the economy, a key national research group reported Monday. Borrowers’ withering ability to pay their bills and the subsequent fallout in the credit markets this summer
US stocks fall on weaker home sales
Earthtimes - Residential real estate is having a real downturn,” Scott Minerd, of Guggenheim Partners Asset Management in Santa Monica, California, told Bloomberg financial news service. “Until the Fed does something to lower the cost of debt, this drag on the