All Posts Tagged With: "Rio Tinto (RTP)"

Market Update: Bank of America (BAC), AT&T (T), Verizon Communications (VZ), Rio Tinto (RTP)

World Bank President to G8: Economy Still Dangerous; Service Sector Improves for Third Straight Month; Rio Sells Packaging Business to Bemis for $1.2 Billion; Crude Prices Drop Again; Report: Bank of America Writeoffs to Rise; Brazil’s Credit Rating Could Increase; DOJ Investigating Telecoms; Father of Web Browser Starts New Tech Venture Capital Firm

  • World Bank President Robert Zoellick warned in a letter to the Group of Eight nations that the global economy is not out of the woods yet and they should be cautious about pulling back on stimulus programs.  Dated July 1, the letter was addressed to G8 host Italian…
7Jul2009 | Money Morning | 0 comments | Continued

Market Update: Bank of America (BAC), Freddie Mac (FRE), Intel (INTC), Sony (SNE), Boeing (BA), Rio Tinto (RTP), Goldman Sachs Group (GS)

Countrywide’s Mozilo Charged with Fraud; Mortgage Rates Hit 6-Month High; Intel Gets Foothold in Wireless; UAL Looking to Jettison 747; Rio May Sell $15 Billion in Stock After Chincalco Deal Fails; Oil Prices Jump 5%; Allison: Banks Need $100 Billion Cushion; Retail Sales Plunge

  • The Securities and Exchange Commission yesterday (Thursday) filed fraud charges against former Countrywide Chief Executive Officer Angelo Mozilo. The charges may involve Mozilo’s sale of shares of giant mortgage lender Countrywide, which last year was sold to Bank of America Corp. (NYSE: BAC) CNNMoney reported. "We do not believe there is any fair basis for allegations to be…
5Jun2009 | Money Morning | 0 comments | Continued
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