Archive for November 2008

American Equity Investment Life Holding Co. yesterday announced that Wendy Carlson, chief financial officer and general counsel, and John Matovina, vice chairman, will present at the Friedman, Billings, Ramsey 2008 Fall Investor Conference in New …

The federal government announced two new programs totaling $800 billion as part of its efforts to revive the U.S. financial system and avoid a prolonged recession, the Associated Press reported.

The Federal Reserve and the …

The economy shrunk more in the third quarter than first reported, as consumer spending took a sharper downturn and export sales growth slowed more than expected, the Associated Press reported.

The Commerce Department released updated …

The U.S. Small Business Administration has approved more than $250 million in low-interest disaster loans to Iowa businesses and residents due to damage caused by floods, tornadoes and storms this year. In comparison, the SBA …

The U.S. government has agreed to bolster New York-based Citigroup Inc.’s financial situation by providing $20 billion in fresh capital and guaranteeing $306 billion of high-risk assets, Reuters reported.

The government’s $20 billion in new …

Sales of existing homes fell more than expected in October, CNNMoney reported.

The National Association of Realtors (NAR) said today that sales of existing homes declined to an annual adjusted rate of 4.98 million units …

As of Friday, Wells Fargo & Co. is the nation’s most valuable bank, with a market cap of $75.9 billion, the San Francisco Business Times reported. In New York Stock Exchange trading, Wells moved slightly …