earnings News

S&P Lowers Fremont Rating

On May 8, Standard & Poor’s (S&P) lowered its various ratings on Fremont General Corp. and related entities and placed...

Conseco Liquidates Some Assets

Pursuant to this transaction, Lehman Brothers will purchase approximately $1.5 billion in loans from Conseco Finance, with up to $500...

Axa Sees Earnings Increase

Axa Financial, the U.S. banking and investment branch of international insurer Axa SA, saw first-quarter operating earnings rise 61 percent...