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Radian cuts portfolio value by $459M

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16.02.2008 06:00:15 - Latest financial news - CNNMoney.com

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SEC change helps small-caps raise cash

A tidal wave of small-cap stock liquidity hits today as changes take effect to the Securities and Exchange Commission's Rule 144, shortening the holding period for investors with restricted securities from one year to six months.

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16.02.2008 06:00:15 - Latest financial news - CNNMoney.com

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Exxon's reserves top last year's production

Exxon Mobil, the world's largest publicly traded oil company, said Friday that it replaced more than 100% of its production in 2007.

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16.02.2008 06:00:14 - Latest financial news - CNNMoney.com

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FGIC's bold bet

Problems in the bond market mounted Friday when Financial Guaranty Insurance Company, the nation's third-largest bond insurer, stunned investors with a proposal to split up in a last ditch bid to salvage its municipal bond ratings. The move came one day after Moody's sharply cut the company's insurance unit ratings and lowered its corporate debt to below investment grade.

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16.02.2008 06:00:14 - Latest financial news - CNNMoney.com

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Stocks slide for second session

Stocks slipped Friday, but managed to trim losses by the close, after surprisingly weak surveys on manufacturing and consumer sentiment revived worries about the threat of a recession.