Fitch: Bear's Ratings Outlook Unchanged Fitch Ratings said Friday that its credit ratings outlook for Bear Stearns Cos. remains "Negative" after the U.S. investment bank recorded its first loss in its 84-year history. 21 Dec 2007
372.
Writedown Leads to Bear Stearns' Loss Bear Stearns Cos. said Thursday a bigger-than-expected writedown in its mortgage portfolio caused the nation's fifth-largest U.S. investment bank to post the first loss in its 84-year history. 21 Dec 2007
373.
Bear Stearns Posts Huge Loss, Cuts Bonuses Bear Stearns Cos Inc posted a much bigger-than-expected quarterly loss on Thursday, capping a fiscal year when the fifth-largest U.S. investment bank took a beating on bad bets on risky subprime mortgages. It was the first loss in the company's history, and the bank decided top executives would not receive bonuses. 20 Dec 2007
374.
Bear Stearns Posts 4Q Loss Bear Stearns Cos., the No. 5 U.S. investment bank, said Thursday a bigger-than-expected writedown of its mortgage portfolio caused a substantial quarterly loss. 20 Dec 2007
375.
Stock Futures Up Ahead of Bear Earns Wall Street was poised to open modestly higher Thursday, with investors encouraged about technology after strong earnings at Oracle but still nervous about the financial sector ahead of an anticipated loss at Bear Stearns. 20 Dec 2007
376.
EUR/USD: The bears still hold the market The Euro is still in a bearish trend against the Dollar and, according to Steven Wesiak, technical analyst at ABN AMRO prices could head lower: "The bears still hold the market in their grips and could drive levels down to the 1.4128 low before backing off." Resistance and support levels, according to Wesiak, stand as follows: "New resistance has taken shape at 1.4456 and only breaking above it starts unwinding the current downswing. Clearing that will open the way to at least 1.4535 and potentially as high as the downward sloping resistance line, now at 1.4665." 20 Dec 2007
John Ryding, chief US economist at Bear Stearns MarketWatch - "Ugghh. This is a horrible inflation report of the kind that hasn't been seen in 21/2 decades. Our reading is that both import prices and producer prices point to significant inflation problems ahead." 13 Dec 2007
380.
Steve Barrow, currency strategist at Bear Stearns Thomson Financial News - "If the market is convinced that central banks are finally doing enough to ease the liquidity situation we are likely to see the funding currencies (the yen and the Swiss franc) fall back, and higher-risk currencies like the Aussie and Kiwi currencies, rally." 12 Dec 2007
0.44%SPY 123.80 
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