Steven Wevodau - Ford posts $3 billion loss, Toyota shares dive (Reuters)

Reuters - Ford Motor Co posted a $2.98 billion quarterly operating loss and shares in world No. 1 automaker Toyota Motor Corp (7203.T) plunged on Friday after it warned this year's profits would hit a 13-year low.

Steven Wevodau

Reuters - Shares of American International Group advanced 9.6 percent to $2.05 in premarket trade after the Wall Street Journal said federal officials were considering a possible change in the terms of an $85 billion loan to the troubled insurer.

Steven Wevodau

AP - Reinsurer Munich Re AG said Friday that it barely eked out a profit in the third quarter as its investments were hurt by falling stock markets, forcing the company to abandon its full-year earnings forecast for the second time this year. Steven Wevodau

Reuters - Stock index futures rose on Friday as a slide of the past two sessions prompted investors to scour the market for beaten-down shares, but trading was cautious before the government's report on October non-farm payrolls.

Steven Wevodau

Reuters - Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can't clinch a merger with General Motors Corp or get government funding needed to ride out the economic crisis, people with knowledge of the situation said.

Steven Wevodau

Reuters - Sprint Nextel Corp , the No. 3 U.S. mobile service, on Friday posted a third-quarter loss and a 12 percent drop in revenue as customers fled to rival services.

Steven Wevodau

Steven Wevodau - Media Advisory - Insurance Bureau of Canada teams up with Operation - CNW Group

HALIFAX, Nov. 7 /CNW/ - Insurance Bureau of Canada (IBC), on behalf of Canada's home, car and business insurers, is joining forces with the Operation Red Nose, to get holiday revelers -- and their vehicles -- home safely in three Nova Scotia Steven Wevodau

London equities moved higher on Friday, with hopes that the Bank of England’s dramatic rate cut could help stave off the worst effects of recession. The FTSE 100 rose 89 points or 2.1 per cent to 4,361.35, helped by rises for financial and Steven Wevodau

NEW YORK (CNNMoney.com) -- State unemployment insurance trust funds are rapidly running out of money amid soaring job losses. This is prompting state officials to consider raising employer taxes or curtailing benefits, while forcing them to borrow Steven Wevodau

Steven Wevodau - Ford posts $3 billion loss, Toyota shares dive (Reuters)

Ford posts $3 billion loss, Toyota shares dive (Reuters)

Reuters - Ford Motor Co posted a $2.98 billion quarterly operating loss and shares in world No. 1 automaker Toyota Motor Corp (7203.T) plunged on Friday after it warned this year's profits would hit a 13-year low.

AIG jumps on report of possible change in loan terms (Reuters)

Reuters - Shares of American International Group advanced 9.6 percent to $2.05 in premarket trade after the Wall Street Journal said federal officials were considering a possible change in the terms of an $85 billion loan to the troubled insurer.

Munich Re 3Q profit plummets, 2008 target dropped (AP)
AP - Reinsurer Munich Re AG said Friday that it barely eked out a profit in the third quarter as its investments were hurt by falling stock markets, forcing the company to abandon its full-year earnings forecast for the second time this year.

Stock futures bounce on bargain search; data eyed (Reuters)

Reuters - Stock index futures rose on Friday as a slide of the past two sessions prompted investors to scour the market for beaten-down shares, but trading was cautious before the government's report on October non-farm payrolls.

Steven Wevodau - Munich Re 3Q profit plummets, 2008 target dropped (AP)

Munich Re 3Q profit plummets, 2008 target dropped (AP)
AP - Reinsurer Munich Re AG said Friday that it barely eked out a profit in the third quarter as its investments were hurt by falling stock markets, forcing the company to abandon its full-year earnings forecast for the second time this year.

AIG jumps on report of possible change in loan terms (Reuters)

Reuters - Shares of American International Group advanced 9.6 percent to $2.05 in premarket trade after the Wall Street Journal said federal officials were considering a possible change in the terms of an $85 billion loan to the troubled insurer.

Ford posts $3 billion loss, Toyota shares dive (Reuters)

Reuters - Ford Motor Co posted a $2.98 billion quarterly operating loss and shares in world No. 1 automaker Toyota Motor Corp (7203.T) plunged on Friday after it warned this year's profits would hit a 13-year low.

Chrysler cash drains away as crisis deepens: sources (Reuters)

Reuters - Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can't clinch a merger with General Motors Corp or get government funding needed to ride out the economic crisis, people with knowledge of the situation said.

Stock futures bounce on bargain search; data eyed (Reuters)

Reuters - Stock index futures rose on Friday as a slide of the past two sessions prompted investors to scour the market for beaten-down shares, but trading was cautious before the government's report on October non-farm payrolls.

Sprint posts quarterly loss, customers flee (Reuters)

Reuters - Sprint Nextel Corp , the No. 3 U.S. mobile service, on Friday posted a third-quarter loss and a 12 percent drop in revenue as customers fled to rival services.

Steven Wevodau - Fidelity National Financial, Inc. and LandAmerica Financial Group, Inc - MSN MoneyCentral

Fidelity National Financial, Inc. and LandAmerica Financial Group, Inc - MSN MoneyCentral
JACKSONVILLE, Fla. and RICHMOND, Va. , Nov. 7 /PRNewswire-FirstCall/ -- Fidelity National Financial, Inc. FNF and LandAmerica Financial Group, Inc. LFG today announced the signing of a definitive merger agreement under which FNF will acquire LFG

Hooper Holmes Announces Third Quarter 2008 Results - CNBC
BASKING RIDGE, N.J., Nov 07, 2008 /PRNewswire-FirstCall via COMTEX/ -- Hooper Holmes (Amex: HH) today announced financial results for the three and nine months ended September 30, 2008. For the three months ended September 30, 2008, total revenues

States face unemployment cash crisis - CNN Money
NEW YORK (CNNMoney.com) -- State unemployment insurance trust funds are rapidly running out of money amid soaring job losses. This is prompting state officials to consider raising employer taxes or curtailing benefits, while forcing them to borrow

Insurance agency opens Fishkill branch - Poughkeepsie Journal
Rose & Kiernan Inc., headquartered in Albany County, recently opened a branch at 60 Merritt Blvd., Fishkill. This office consolidated two offices that have been in Beacon and the Town of Poughkeepsie. Staff relocated to Fishkill and will serve

Media Advisory - Insurance Bureau of Canada teams up with Operation - CNW Group
HALIFAX, Nov. 7 /CNW/ - Insurance Bureau of Canada (IBC), on behalf of Canada's home, car and business insurers, is joining forces with the Operation Red Nose, to get holiday revelers -- and their vehicles -- home safely in three Nova Scotia

Penn Treaty Completes Sale of Agency Subsidiary to LTC Global - MSN MoneyCentral
ALLENTOWN, Pa. , Nov. 7 /PRNewswire-FirstCall/ -- Penn Treaty American Corporation (OTC: PTYA or PTYA.PK) today announced that on November 5 , it sold 100% of the common stock ownership in its subsidiary, United Insurance Group Agency, Inc. of

CNP Third-Quarter Revenue Falls 17% on Stock Markets (Update2) - Bloomberg
Nov. 7 (Bloomberg) -- CNP Assurances SA , France's largest life insurer, said third-quarter revenue fell 17 percent as slumping stock markets cut demand for savings products linked to equities. Sales dropped to 6.01 billion euros ($7.65 billion) from

Steven Wevodau - Ship Comes In for Trade Financiers - Wall Street Journal

As the financial crisis chokes credit and corporate profits, specialist trade-finance firms have it so good that they are turning away potential customers. These financiers include small hedge funds and boutique investment firms, which specialize in Steven Wevodau

COMMONWEALTH Bank today confirmed it had an exposure to Allco Finance Group of about $170 million. Voluntary administrators and receivers were appointed to to Allco Finance on Tuesday. Yesterday, Westpac confirmed it had an exposure to Allco Finance Steven Wevodau

TRUJILLO, Peru, Nov 5 (Reuters) - The International Monetary Fund could be a watchdog for regulatory reforms likely to be introduced around the world to prevent future financial crises, Canadian Finance Minister Jim Flaherty said on Wednesday Steven Wevodau

Germany's biggest privatisation in eight years appears heading to be for the buffers after the government warned it would probably not sell a stake in the train operating unit of Deutsche Bahn until after the general election in September. The Steven Wevodau

WASHINGTON -- Congressional Democrats plan to use their widened majority to push quickly for a broader government role in financial markets, citing Tuesday's election as a repudiation of years of Republican deregulatory policies. House Financial Steven Wevodau

Nov 5 (Reuters) - CompuCredit Corp (nasdaq: CCRT - news - people ) posted a wider-than-expected loss for the third-quarter as the marketer of branded credit cards and related financial services saw a significant decline in total interest income Steven Wevodau

The election of Barack Obama has put the wind back into the sails of the renewable energy sector, where investor confidence had been badly punctured by the credit crisis. Clean technology and green energy stocks have soared as City analysts predict a Steven Wevodau

NEW YORK, Nov 5 (Reuters) - As Apollo Management's options dwindle in its struggle over the acquisition of Huntsman Corp (HUN.N: Quote , Profile , Research , Stock Buzz ), the private equity firm would benefit from a strategy to reduce its Steven Wevodau

Steven Wevodau - AIG investors lost more than $500 million - San Francisco Gate

AIG investors lost more than $500 million - San Francisco Gate
The ruling Friday by Judge Christopher Droney means five former insurance executives convicted of the scheme could face up to life in prison under advisory sentencing guidelines. Four former executives of General Re Corp. and a former executive of

SCENARIOS: Economic challenges facing the next president - Reuters
(Reuters) - Whether Democrat Barack Obama or Republican John McCain wins the White House on Tuesday, the next U.S. president will face a host of acute economic problems on a scale not seen since the 1930s. Below is a handful of some of those

Insurance - Household insurance - This is Money
Thousands of people will be celebrating bonfire night by lighting fireworks in their back gardens. Should you buy more insurance to cover the extra danger? It's not surprising that there was an increase of 240% on claims last year on the 5th of