Search This Blog


Search Tool

May 13, 2014

MarketWatch First Take May 13, 2014: It's back to the future for Fannie and Freddie.

MarketWatch First Take

MAY 13, 2014

It's back to the future for Fannie and Freddie
5/13/2014 1:00 PM ET
It would be an overstatement to say that nothing has changed at Fannie Mae and Freddie Mac since the financial crisis. Just not that much, writes Steve Goldstein.

Reuters | Daily Investors Update -May 13, 2014-.

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Dow, S&P 500 eke out gains to end at records
NEW YORK (Reuters) - The Dow and the S&P 500 closed at record highs again on Tuesday, while the Nasdaq slipped, weighed down by Cisco and Comcast.
Retail sales slow, but growth outlook still upbeat
WASHINGTON (Reuters) - U.S. retail sales braked sharply in April after strong gains in the prior two months, but that did little to change views the economy was poised for faster growth this quarter.
U.S. regulator opens door wider for Americans on mortgages
WASHINGTON (Reuters) - The regulator of Fannie Mae and Freddie Mac laid out plans for the government-run companies on Tuesdaythat could make it easier for Americans to obtain mortgages, marking a sharp departure from a predecessor who wanted to aggressively shrink their role in the housing finance market.
Next U.S. Senate hearing on GM seen after company probe complete
WASHINGTON (Reuters) - The next round of hearings in the U.S. Senate to probe General Motors' delayed recalls of vehicles plagued by ignition-switch defects will come after the company completes its own internal probe, a Senate aide said on Tuesday.
FCC vote on 'net neutrality' will kick off long battle
WASHINGTON (Reuters) - U.S. efforts to set new Internet traffic rules face a lengthy tug of war between broadband providers and Republicans on one side and some tech companies and consumer advocates on the other as regulators prepare to propose the rules formally on Thursday.
AT&T in talks to buy DirecTV for nearly $50 billion: sources
NEW YORK/LOS ANGELES (Reuters) - AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday.
U.S. judge tosses SEC case over alleged Ponzi scheme
(Reuters) - Five former real estate executives do not have to face a U.S. Securities and Exchange Commission lawsuit accusing them of engaging in a $300 million Ponzi scheme, a U.S. judge has ruled, saying the agency waited too long to sue.
Next step for bankrupt Detroit: Ending abandoned home crisis
WASHINGTON (Reuters) - The federal government is pushing to eradicate a long-standing symbol of Detroit's massive economic deterioration: the abandoned house.
UK lawmakers give Pfizer stick as it waves carrot at AstraZeneca
LONDON (Reuters) - U.S. drugmaker Pfizer hinted it could raise its proposed $106 billion offer if AstraZeneca would only engage in talks, as its boss was grilled by UK lawmakers on his commitment to British research spending and jobs.
Cemex leadership unclear after sudden death of CEO
MEXICO CITY (Reuters) - The leadership of Mexico's Cemex , one of the world's leading cement makers, is uncertain after the death of Chairman and Chief Executive Officer Lorenzo Zambrano, irking some investors who would prefer a smooth transition.