... . Australia was a week earlier, but by then the ASX-200 Financial index stood lower by one-fifth from just after the Lehman' ... the 34% drop to March '09. The financial authorities in Vietnam, meantime, have been facing a different kind of ... to defend themselves, then just like US funds short-selling the lamest financial stocks, they must in fact be part of the problem. Right? Doubling import ...

NEW YORK (MarketWatch) – Financial stocks rose Thursday morning as investors bid up companies that reported better-than-expected third quarter earnings. Moody’s Investor Services , Cincinnati Financial , CME Group and Lincoln National all rose in early trade. The Financial Select Sector SPDR , which tracks the S&P 500 financial stocks, rose

Just to emphasize and add some color to today’s bloodbath, it shouldn’t be all that surprising that on a day when new home sales came in WAY less than estimated, it would be the financials taking it on the chin. This heatmap from FinViz is a sea of red, although hilariously AIG (AIG) somehow grained ground. Outside of finance, a big loser today was Apple (AAPL) down to 192. Just earlier this ...

It is of little surprise that CIT Group, Inc. (NYSE: CIT) is seeing its common stock getting clobbered today.  The company has finally filed its pre-packaged Chapter 11 bankruptcy package and that has CIT shares down a sharp 63% at $0.26 on triple its average volume.  By now, the game is probably known by everyone

(EMAILWIRE.COM, November 07, 2009 ) Dallas, TX - Fannie Mae (NYSE:FNM) decreased 7.14% to $1.04 on a volume of 50.97 million shares after the company announced Thursday a policy under which thousands of borrowers on the verge of foreclosure will soon have the option of renting their homes from Fannie...

In today’s trading, the financial ETF, the Financial SEL SPDR, fell through the critical 50 day moving average. The XLF is presently at $14.27. From early March to the middle of October, the ETF surged from under $6 to under $16. A 50% correction during this incredible run suggests the XLF can correct back to