(WASHINGTON)The Treasury Department has picked two financial institutions to manage a program it unveiled last month to provide support for beleaguered mortgage-backed securities.READ MORE
Among the stock activity stories for Monday, Sept. 29, from AP Financial News: NEW YORK (AP)--Shares of Repros Therapeutics Inc. jumped Monday after the biotechnology company said ...READ MORE
(NEW YORK)Continuing upheaval in the banking sector sent shares of investment services company State Street Corp. tumbling Monday. Shares of the Boston-based company fell $13.70, or 22.7 per...READ MORE
(NEW YORK)JPMorgan Chase & Co. is the largest secured creditor in the Lehman Brothers bankruptcy case, with an estimated $23 billion in claims, according to a recent court filing.READ MORE
(BOSTON)Putnam Investments on Thursday suddenly closed a $12 billion money-market fund and announced plans to return investors' money after institutional clients pulled out cash despite th...READ MORE
(BOSTON)Seeking to soothe investor jitters, State Street Corp. said Thursday that it will not have to consolidate conduits and that its money market funds are stable.READ MORE