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UBS Reports a Quarterly Loss
Brooke Corporation Announces Schedule for Third Quarter Financial Results Release and Conference Call
Interstate Batteries Selects MicroStrategy Dashboards to Analyze Financial and Sales Performance
Cash flow manipulation is real
Gartner reports financial results for third quarter 2007
Leverage Land Mines
CFA Institute appoints Cronin to EMEA role
Making Sense of Financial Credentials
The week's top news and analysis
The recent pattern in the star-crossed financial-services sector had been this: Come clean by putting a dollar figure on the fiscal damage done to your firm by the subprime meltdown and credit crisis. Listen for the collective sigh from Wall Street, where plenty of people invariably had foreseen worse. Watch your stock climb.
Behind the Headlines: Countrywide Financial Reports Loss, Stock Stages Rally
Appearing in part 1 of today's "Behind the Headlines" is Countrywide Financial (CFC). "Behind the Headlines" is a daily feature available on SchaeffersResearch.com. Every day, we'll focus on the day's action of newsworthy stocks that are generating a lot of attention. By digging into the stock's sentiment and technical backdrop, we hope to shed some light on the securities.
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Yahoo News
Yellen at Fed would likely favor low-rate policy (AP)   ( Fri, 12 Mar 2010 22:17:43 GMT )

FILE - In this April 16, 2008 file photo, Janet Yellen, the president of the Federal Reserve Bank of San Francisco speaks in Alameda, Calif. President Barack Obama intends to nominate Yellen to take over as vice chair of the Federal Reserve, a person familiar with the selection said Friday, March 12, 2010.  (AP Photo/Paul Sakuma, File)AP - President Barack Obama's likely choice of Janet Yellen to become vice chairman of the Federal Reserve would favor a policy that stresses low interest rates to ease unemployment over higher rates to curb inflation.


Examiner unveils Lehman accounting tricks (AP)   ( Sat, 13 Mar 2010 00:20:32 GMT )

FILE - In this Oct. 6, 2008 file photo, Lehman Brothers Holdings Inc. Chief Executive Richard S. Fuld Jr., front center, is heckled by protesters as he leaves Capitol Hill in Washington after testify before the House Oversight and Government Reform Committee on the collapse of Lehman Brothers. A report by U.S. bankruptcy-court examiner faults Lehman Brothers  executives and auditor Ernst & Young for serious lapses that led to the largest bankruptcy in U.S. history. Will former CEO Richard Fuld be held accountable?(AP Photo/Susan Walsh, file)AP - An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.


Retail sales show surprising gain in February (AP)   ( Fri, 12 Mar 2010 21:30:48 GMT )

In this Feb. 24, 2010 photo, a Gap store is seen in Paramus, NJ. Retail sales post surprising 0.3 pct February increase raising hopes economy gaining momentum. (AP Photo/Seth Wenig)AP - Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope that the recovery from the Great Recession is gaining momentum.


Stocks end mixed after mixed economic reports (AP)   ( Fri, 12 Mar 2010 23:07:03 GMT )

A trader works on the floor of the New York Stock Exchange, March 12, 2010.    REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS)AP - Mixed economic reports held the stock market to only modest moves Friday but gains for the week were strong.


UBS says IRS has 20 Swiss banks in its sights (AP)   ( Fri, 12 Mar 2010 18:56:49 GMT )

FILE - In this March 12, 2008 file photo, dark clouds hang above the Logo of the UBS (Union Bank of Switzerland) in Zurich, Switzerland. Embattled UBS AG has warned that Switzerland's financial industry is at risk unless lawmakers approve a tax treaty with the United States, and that other Swiss banks may be next to face pressure from U.S. regulators. (AP Photo/Keystone, Alessandro Della Bella, file)AP - Embattled UBS AG has warned that Switzerland's financial industry is at risk unless lawmakers approve a tax treaty with the U.S., and that other Swiss banks may be next to face pressure from American regulators.


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