Edition:
International

Jochelle Mendonca

Wells Fargo profit beats, but mortgage business slows

Apr 12 2013

Wells Fargo & Co reported a higher-than-expected 23 percent rise in first-quarter profit on Friday, but its mortgage business showed further signs of slowing and net interest margins continued to shrink.

Wells Fargo profit beats, but mortgage business slows

Apr 12 2013

Wells Fargo & Co reported a higher-than-expected 23 percent rise in first-quarter profit on Friday, but its mortgage business showed further signs of slowing and net interest margins continued to shrink.

MBIA Inc shares rise on NY investigation of BofA mortgages

Mar 01 2013

Shares of bond insurer MBIA Inc rose as much as 7 percent on Friday as investors bet that a new investigation into Bank of America Inc's mortgage practices would pressure the bank to settle a $5 billion lawsuit with the company.

MGIC says evaluating options to boost capital; shares rise

Feb 28 2013

Mortgage insurer MGIC Investment Corp said it was considering reinsuring some of its businesses and raising capital after it reported a sharp deterioration in its ability to pay claims at the end of the fourth quarter.

S&P parent McGraw-Hill says government's fraud case flawed

Feb 13 2013

The parent of credit ratings agency Standard & Poor's Corp, which was hit with a $5 billion fraud lawsuit by the U.S. government last week, fired back on Tuesday, saying it doesn't believe the government has a case.

S&P parent McGraw-Hill says government's fraud case flawed

Feb 12 2013

The parent of credit ratings agency Standard & Poor's Corp, which was hit with a $5 billion fraud lawsuit by the U.S. government last week, fired back on Tuesday, saying it doesn't believe the government has a case.

S&P parent McGraw-Hill says government's fraud case flawed

Feb 12 2013

The parent of credit ratings agency Standard & Poor's Corp, which was hit with a $5 billion fraud lawsuit by the U.S. government last week, fired back on Tuesday, saying it doesn't believe the government has a case.

Moody's shares slide on lawsuit worries

Feb 08 2013

Shares in credit rating agency Moody's Corp slid 6 percent on Friday as the prospect of a federal fraud lawsuit over its pre-crisis debt ratings overshadowed a 66 percent rise in quarterly earnings and a strong 2013 outlook.

Western Union needs bulletproof plan to impress investors

Feb 08 2013

Western Union Co will need to come up with a convincing turnaround plan to quell investor unrest after the world's largest money transfer company said it would cut prices to regain ground lost to nimble competitors in emerging markets.

Western Union needs bulletproof plan to impress investors

Feb 08 2013

Feb 8 Western Union Co will need to come up with a convincing turnaround plan to quell investor unrest after the world's largest money transfer company said it would cut prices to regain ground lost to nimble competitors in emerging markets.

World News