Wall Street falls on Europe, but late buying trims losses

NEW YORK (Reuters) – Stocks ended lower on Tuesday after political developments in Greece fanned concerns about Europe’s fiscal health, but a late rally helped indexes cut losses to close well above lows. Stocks spent most of the session sharply lower, with selling followi
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London Job Losses Drive Residential Rents Lower

London, UK London’s slowing job market is now impacting the local residential rental market. Liam Bailey, head of Residential Research at London-based Knight Frank tells World Property Channel, “Rental falls in winter are not uncommon, the employment market is quieter and
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Nasdaq cuts losses, briefly turns positive (Reuters)

Reuters – The Dow and the S&P 500 fell on Thursday, but the Nasdaq composite index cut its losses to briefly turn positive in midday trading. Yahoo! News: Business News
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Four More Banks Fail with Losses of $375 Mil. Expected

Regulators closed four more banks in the past week: First Southern National Bank in Georgia, Lydian Private Bank in Florida, First Choice Bank in Illinois and Public Savings Bank in Pennsylvania. In Florida, the Office of the Comptroller of the Currency (OCC) appointed the Federal Dep
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Allstate sues Goldman over mortgage debt losses (Reuters)

Reuters – Allstate Corp on Monday sued Goldman Sachs Group Inc , accusing the Wall Street bank of causing losses by hiding the risks more than $ 123 million of mortgage securities it bought. Yahoo! News: Business News
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