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| Countrywide Financial admits loan officers made errors |
6 May 08, 18:06 ET |
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| AP - Mortgage lender Countrywide Financial Corp., which is under investigation for inflating certain borrowers' fees, acknowledged Tuesday that it has made errors and pledged to take steps to improve its operations. |
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| Apple's Technical Support Is the Best, Survey Finds |
6 May 08, 16:45 ET |
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| NewsFactor - Calling computer tech support is generally not a happy way to spend an afternoon. Except, apparently, when calling Apple. |
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| D.R. Horton swings to 2Q loss on impairment charges |
6 May 08, 16:25 ET |
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| AP - D.R. Horton said Tuesday it swung to a loss in the second quarter, as a sustained housing slump forced the nation's largest homebuilder to take hefty charges and write down the value of property. |
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| Fannie Mae posts loss, to cut payout |
6 May 08, 14:35 ET |
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| Reuters - Fannie Mae on Tuesday posted a
massive quarterly loss, its third straight, on the protracted
U.S. housing market slump, prompting it to slash its dividend
and set plans to raise $6 billion of fresh funds. |
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| UBS reports 1Q net loss $11 billion |
6 May 08, 13:18 ET |
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| AP - Swiss bank UBS, hard hit by the U.S. subprime crisis, reported a first-quarter loss of $10.97 billion and said Tuesday it will slash almost 7 percent of its work force. |
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