European Stocks, US Futures Gain; Marks & Spencer Advances Bloomberg National Australia Bank declined 3.3 percent after the country’s central bank said the economy is likely to enter a recession. Europe’s Dow Jones Stoxx 600 Index added 2.3 percent to 174.43 at 1:33 pm in London, erasing its March decline. ... |
Treasuries Head for Worst First Quarter Since 1996 on Supply Bloomberg Average 30-year fixed mortgage rates fell to 4.85 percent last week, according to Freddie Mac, the lowest since the McLean, Virginia-based mortgage finance company began keeping records 37 years ago. Rates are about 2.13 percentage points higher than ... |
European Stocks, US Futures Gain; Marks & Spencer Advances Bloomberg National Australia Bank declined 3.3 percent after the country’s central bank said the economy is likely to enter a recession. Europe’s Dow Jones Stoxx 600 Index added 2.1 percent to 174.03 at 11:46 am in London, erasing its March decline. ... |
Deals of the day -- mergers and acquisitions Reuters BU, raising its stake in the mortgage bank beyond 40 percent and helping it compete better with foreign rivals in its home market.[ID:nLV221892] ** Australian miner OZ Minerals Ltd OZL.AX said it received an alternative rescue bid from Minmetals, ... |
Looking for a Few Good Banks Seeking Alpha, NY Earnings growth came, not from banking, but from acquisitions, proprietary trading, and buying/selling mortgage backed securities. Combine good interest earnings with a balance sheet of unknown quality, though, it is unclear how much ends up dropping ... |