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Monday, December 31, 2007

Review of the yearGuardian Unlimited - (Stearns and foster mattress) Another Wall

Review of the year
Guardian Unlimited - Another Wall Street bank, Bear Stearns, suffered the first loss in its 84-year history. The numbers just kept getting bigger. This month the Swiss bank UBS wrote off a further $10bn of sub-prime loans, on top of $3.4bn already announced. Two days
Source: www.guardian.co.uk
WH Ireland Says Corporate Finance, Broking Ops. Performed Well In
RTT News - British Financier Ups Stake In Bear Stearns [BSC] 12/27/2007 4:35:46 AM British financier Joseph Lewis has lifted his stake in U.S. investment bank Bear Stearns Cos., Inc. (BSC) to 9.57%, according to a Wednesday regulatory filing. Last month, Lewis
Source: www.rttnews.com
U.S. November New-Home Sales Probably Fell to Near 11-Year Low
Bloomberg - 51.0 720 -1.1% Bank of Tokyo- Mitsubishi 55.4 724 -0.5% Bantleon Bank AG 51.5 710 -2.5% Barclays Capital 52.0 720 -1.1% BBVA --- 725 -0.4% Bear, Stearns
Source: www.bloomberg.com
Bear Stearns posts 4Q losss amid bigger-than-expected mortgage
Charleston Gazette - NEW YORK (AP) -- Bear Stearns Cos. said Thursday a bigger-than-expected writedown in its mortgage portfolio caused the nation's fifth-largest U.S. investment bank to post the first loss in its 84-year history. It took a $1.9 billion writedown in the
Source: wvgazette.com
House Members Spent $20.3M On Mailings
CBS News - Cliff Stearns, R-Fla., who mailed 906,788 pieces last year and stearns and foster mattress won re-election with 60 percent of the vote, sees the mailings as helping him do his job. "Ours is a representative government, requiring an active dialogue between elected officials and stearns and foster mattress
Source: www.cbsnews.com
Dividends, Buybacks Feel the Squeeze
Wall Street Journal - A big reason for the declines: huge write-downs of subprime mortgage securities at financial giants such as Citigroup, Merrill Lynch, Morgan Stanley and stearns and foster mattress Bear Stearns. Analysts currently expect profits by companies in the S&P 500 to rebound and stearns and foster mattress rise
Source: online.wsj.com
2nd split indicates Cummins confident
Louisville Courier-Journal - Bear Stearns and stearns and foster mattress Co. analyst Peter Nesvold said the announcement of another split surprised him. He hasn't seen two stock splits in one year from any other companies that he covers in the automotive and stearns and foster mattress trucking industries. "These stocks are
Source: www.courier-journal.com