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Ambac shares hit record low after new disclosure
Bond insurer reports CDO write-downs, claim payments from April
By Alistair Barr, MarketWatch
Last Update: 2:56 PM ET May 28, 2008
SAN FRANCISCO (MarketWatch) — Ambac Financial shares fell to a record low on
Wednesday after the bond insurer disclosed new information about its operations
in April.
Ambac reported $228 million of write-downs during [...]

Banks, brokers fall on gloomy consumer data
By Alistair Barr, MarketWatch
Last Update: 11:43 AM ET May 16, 2008
SAN FRANCISCO (MarketWatch) — Bank and brokerage shares fell in early trading
Friday, coming under pressure amid unexpectedly gloomy consumer-sentiment data.
In addition, Standard & Poor’s spelled out the degree to which financial-services
companies have acted as an earnings drag on the [...]

SAN FRANCISCO (MarketWatch) — E-Trade Financial Corp. said it decided in April
to exit the retail mortgage origination business, its last remaining loan
origination channel, according to a Securities and Exchange Commission filing
late Friday. The company said it will partner with a third party company to
provide customers access to real estate loans after it exits the business.
E-Trade [...]

Stock Rating Reiterations Closing Update: CLF HS MAR
Last Update: 4/11/2008 4:22:55 PM
Rating reiterations for April 11 from Briefing.com:
Company Symbol Brokerage Firm Reiterations
Cleveland-Cliffs [...]