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Morgan Stanley in loss

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22 July 2009 Featured

Huge losses were reported by Morgan Stanley for the period between April and June. It reported a loss of 159 million dollars while during the same time period last year it had made a profit of 698 million dollars.

This is shocking as even the analysts hadn’t expected such big …

CIT avoids bankruptcy

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21 July 2009 Business, Featured

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Home price index falls as consumer confidence rises

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28 May 2009 Featured

There has been improvement in Consumer Confidence Index but the Home Price Index continues to disappoint. Experts are delighted with the high increase in consumer confidence which jumped 14.1 points in the period of last one month. This is quite a good jump and is much higher than predicted by …

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