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Latest Finance News

Family net worth drops to level of early 90s, fed says
WASHINGTON — The recent financial crisis left the median US family in 2010 with no more wealth than it had in the early 1990s, erasing almost two decades of accumulated prosperity, the Federal Reserve said Monday. The median family, richer than half of
Updated: 06/11/2012 04:17P

Believing in Europes financial tooth fairy
Unfortunately, this has turned the German central bank into a financial tinder box. An uncontrolled breakup of the eurozone now has the potential to wreck Germanys public finances and its banking sector. The system which caused the Bundesbanks
Updated: 06/11/2012 04:17P

Who will be Indias president? This time‚ it does matter
A politically driven president — and the leading contender for the job, current Finance Minister Pranab Mukherjee, is certainly that - could also take advantage of Indias vaguely worded constitution to influence legislation in a parliament splintered
Updated: 06/11/2012 04:16P

Colony Financial Announces Second Quarter 2012 Dividends On Shares Of Common
Colony Financial, Inc. is a real estate finance and investment company that is focused primarily on acquiring and originating commercial real estate loans and real estate-related debt at attractive risk-adjusted returns. Secondary debt purchases may
Updated: 06/11/2012 04:14P

Alvarez Marsal Adds Seasoned Executives to Global Private Equity Services
As we continue to enhance our private equity service offerings, we are bringing in new professionals whose deep operational, functional and industry expertise will help in driving value for our clients at all stages of the investment lifecycle, said
Updated: 06/11/2012 03:59P

How High Can Seattle Genetics Fly?
At this point, we would usually compare the financial metrics of each company -- but Im not going to do that, as Seattle Genetics and ImmunoGen are largely still clinical-stage companies. Instead, Im going to focus on the partnerships theyve built
Updated: 06/11/2012 03:43P

Spain euphoria wanes as fresh fears prevail
Financial market euphoria over a European bailout for Spains debt- stricken banks faded quickly yesterday as investors sounded the alarm over its impact on public debt and bondholders, and eyed the next risks in the euro zones debt crisis.
Updated: 06/11/2012 03:41P

Consumers wont be able to access Green Deal loans until 2013
Consumers looking to make energy efficiency improvements to their properties through the multi-billion pound Green Deal financing scheme will have to wait until the end of January 2013, when the necessary legislation is in place.
Updated: 06/11/2012 03:40P

Europe crisis rages on despite Spain banks rescue
Financial markets temporarily showed signs of relief that Spains banks, which have been dragged down by bad real estate loans, would receive an infusion of money. The countrys main stock market index initially jumped nearly 6 percent and the
Updated: 06/11/2012 03:40P

Pranab rejects SandP report
New Delhi: Finance Minister Pranab Mukherjee on Monday rejected Standard and Poors report that India could be the first BRIC country to falter and said there will be a turnaround in growth prospects in the coming months. Hours after S P threatened to
Updated: 06/11/2012 03:40P

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