Tag Archives: quarterly profit


Freddie Mac reports first profit in two years

August 10, 2009 : Permalink

Reuters – Freddie Mac, the second largest provider of U.S. home mortgage funding, on Friday posted its first quarterly profit in two years as gains from hedges and a one-time accounting change offset still-lofty credit losses. For the first quarter […]

Sprott profit sags as equity rise hits hedge funds

August 7, 2009 : Permalink

Reuters – Quarterly profit at asset manager Sprott Inc was down by half as some hedge funds were hurt by rallying stock prices, while the company said opportunities still exist on the long side of the market. Eric Sprott, who […]

Obama plan clears first hurdle, Asian markets cheer

January 29, 2009 : Permalink

Reuters – U.S. President Barack Obama‘s $825 billion stimulus plan cleared its first Congressional hurdle as the Federal Reserve eyed more extreme measures to ease credit market strains, boosting Asian stocks despite deep skepticism that a global slowdown can be […]