business - "market"

The troubled housing market has already weakened major financial institutions, and additional vulnerabilities can be found in the fine print and between the lines of their financial reports.

HIGH earners plan to take advantage of the credit crunch by putting more money into the stock market, a new report has suggested.

HBOS was last night drawing up plans for a rights issue raising up to £4 billion pounds of fresh capital after taking the view that it wants a big cushion of capital as Britain enters a housing downturn.Directors at the banking group are thought to have warmed to the option of a significant capital-raising over the past few days and are likely to announce it before the annual meeting in Glasgow tomorrow.Although the bank’s capital position is stronger than that of Royal Bank of Scotland, which last week announced plans to raise £12 billion and is understood to be on the verge of cutting as many as 7,000 jobs, HBOS believes that it is prudent to bolster its balance sheet in what is likely to be a stormy year for the housing market. HBOS has been gloomier about the economic outlook than its peers for some time.HBOS’s core Tier 1 capital ratio - a key measure of capital scrutinised by regulators and investors - is 5.7 per cent, well ahead of

Since the market slump began six months ago, U.S. companies have bled away trillions of dollars in value. Here's a damage report

Dubai's real-estate market is booming. But a series of legal tussles and property-related scandals could dent foreign-investor confidence and tarnish the business-friendly reputation the government has tried so hard to burnish.

SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Tuesday's session are MasterCard, Countrywide Financial Corp. and Valero.

The British pound has strengthened against both the US dollar and the Euro on news that HBOS could raise up to GBP4 billion in a rights issue.

PORT CHESTER, NY (MARKET WIRE) USA Bank (OTCBB: USBK) ( http://www.usa-bankers.com/) reported a net loss of $746 thousand ($0.13 per share) for the quarter ended March 31, 2008, which is a marked improvement compared to the net loss of $1.5 million ($0.26 per share) for the quarter ended March 31, 2007.

The US dollar consolidated last week?s gains ahead of the rate decision on Wednesday, with market participants turning slightly bearish as they began to...

NORWICH, NY (MARKET WIRE) NBT Bancorp Inc. (NBT) (NASDAQ: NBTB) reported today that net income per diluted share for the three months ended March 31, 2008 was $0.43 per share, compared with $0.28 per share and $0.41 per share for the three months ended December 31, 2007 and March 31, 2007, respectively. Return on average assets and return on average equity were 1.07% and 13.68%, respectively, for the three months ended March 31, 2008, compared with 0.69% and 9.06%, respectively, for the three months ended December 31, 2007 and 1.13% and 14.06%, respectively, for the three months ended March 31, 2007. Net income for