WASHINGTON, March 4- Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants, their regulator said on Monday.
WASHINGTON, March 4- Fannie Mae and Freddie Mac will build a new joint company for securitizing home loans as a stepping stone toward shrinking the government's role in the mortgage market, the regulator of the U.S. government-controlled firms said on Monday.
--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, March 4- Iron ore prices may fall as much as 40 percent in the next six months, given the current shape of the future curve of swaps traded in Singapore.
*Groupon rallies in premarket as chief executive leaves. NEW YORK, March 1- U.S. stock index futures were lower on Friday, indicating a weak start to the month of March as investors looked ahead to U.S. government budget cuts that were widely expected to take effect at the end of the day.
*J.C. Penney, Groupon both sink on weak revenue. NEW YORK, Feb 28- U.S. stock index futures pointed to a flat open on Thursday as investors found few reasons to keep pushing markets higher following a sharp two-day rally and a read on economic growth that was weaker than expected.
NEW YORK, Feb 28- The S&P 500 index futures briefly turned negative on Thursday following mixed data reports that showed that the U.S. economy barely grew in the fourth quarter, though the latest weekly jobless claims data pointed to an improving labor market.
*J.C. Penney, Groupon both sink on weak revenue. NEW YORK, Feb 28- U.S. stock index futures edged higher on Thursday as investors were reluctant to make big bets following a sharp two-day rally and ahead of a rash of data.
*J.C. Penney, Groupon both sink on weak revenue. NEW YORK, Feb 28- U.S. stock index futures edged modestly higher on Thursday as investors were reluctant to make big bets following a sharp two-day rally and ahead of a rash of data.
Feb 28- Mortgage insurer MGIC Investment Corp said it was considering reinsuring some of its businesses and raising capital after it reported a sharp deterioration in its ability to pay claims at the end of the fourth quarter.
*Italy bonds, European stocks up after Italy bond auction. NEW YORK, Feb 27- U.S. stock index futures were little changed on Wednesday as investors awaited a second round of testimony in Congress by Federal Reserve Chairman Ben Bernanke for signs of whether the Fed will continue its economic stimulus program.
LONDON, Feb 27- European option investors have sought protection against a further 5 percent stock market slide in the coming weeks after an Italian election that threatened political stalemate and more market uncertainty.
Feb 27- Target Corp on Wednesday offered a cautious outlook for consumer spending in 2013 following a weak holiday quarter and said it was on track with its massive Canadian store opening plans this year. "We have a tempered view of the near-term sales environment," he said, adding that shoppers, or "guests" as Target calls them, are "quite resilient."
MUMBAI, Feb 27- After long failing to act on foreign investor complaints, Indian policy makers find themselves in an ironic bind: As global interest in Indian derivatives surges, it is Singapore, not Mumbai, that is reaping the benefits.
WASHINGTON, Feb 26- Global regulators will ask the public for more comments before publishing a report on how to fix financial benchmarks after the Libor interest-rate rigging scandal, U.S. derivatives regulators said on Tuesday.
*Home Depot profit and sales both top expectations. NEW YORK, Feb 26- U.S. stock index futures edged higher on Tuesday, indicating equities would partially rebound from the previous session's steep drop, though concerns persisted over the state of Italy's economy and government makeup.
*S&P 500 coming off first weekly decline in eight. *Barnes& Noble rallies in premarket after WSJ report. NEW YORK, Feb 25- U.S. stock index futures rose on Monday, suggesting the recent rally for equities remains intact in spite of concerns that the U.S.
LONDON, Feb 25- European index futures pointed to share gains on Monday on signs the United States will continue with ultra easy monetary policy, but uncertainty surrounding the Italian elections was likely to keep a lid on any upbeat sentiment.
LONDON, Feb 22- Britain said on Friday it hopes to set up a currency swap line with China soon to help finance trade, a move that will enhance London's drive to become a leading offshore centre for yuan trade.