Finance

Investment firms borrow at steady pace from Fed - Associated Press
WASHINGTON (AP) — Wall Street companies borrowed from the Federal Reserve’s emergency lending program at a fairly steady pace, while banks scaled back. A Fed report, released Thursday, said the investment firms averaged $8.4 billion in daily …

Today 13:42 - Life Style Extra
“Neither are companies raising money the only target. A visit to the Data Explorers website (dataexplorers.com) gives you some idea of the extent of the nightmare. For example 10 per cent of the shares in housebuilder Barratts have been borrowed to …

Fed to make fresh batch of bank loans - Seattle Post Intelligencer
WASHINGTON — The Federal Reserve announced Thursday that it will make a fresh batch of short-term cash loans available to squeezed banks as part of an ongoing effort to ease stressed credit markets. The Fed said it will conduct three auctions in …

Price: 63.75 - Life Style Extra
Thought I would paste this in for all of you that could not be bothered to type in my link on previous posting. Stricken housebuilder Barratt is likely to give shareholders hope alongside its trading statement on July 10 when chief executive Mark …

Jun 19, 4:32 PM EDT - Associated Press
WASHINGTON (AP) — Wall Street companies and commercial banks borrowed slightly more from the Federal Reserve’s emergency lending program over the past week. A Fed report released Thursday said the investment firms averaged $8.6 billion in daily …