Accredited Home Soars 36 before Bushs Speech

Established 1999

Global Markets update | Global News | Earnings News | IPO News

Earnings News | Sector Earnings | Earnings Call summaries | Earnings Calendar

IPO Calendar | IPO Profiles | IPO Performance

US Mutual Fund Q&A | US Mutual Fund performance Tables | ETF | Canadian Mutual Fund Q&A

U.S. Government Releases | Economic Release Calendar | Economy charts

Site News Archive Search | Mutual Funds Tables | Annual Reports | 10-K Reports | Same Store sales

123jump.com - U.S. Financial Information Archive: 90,000 Annual and 10-K reports – 20,000 Global news stories - 3,500 IPO reports - 1,700 - Earnings Calls – 320 Fund Interviews – 10-year Annual earnings on 4,500 stocks – 20 Quarterly earnings on 3,600 stocks – 1,800 IPO prospectuses – 1,200 Economic data releases

Market Update :

Accredited Home Soars 36% before Bush's Speech

Author: Elena Todorova
123jump.com
Last Update: 10:14 AM EDT August 31 2007

Email article | Print article

Wall Street rallied at opening, lifted by news that President Bush will announce a plan to support subprime mortgage borrowers and loosen credit conditions. Market sentiment was further boosted by optimism that Federal Reserve Chairman Ben Bernanke might hint an interest-rate cut in his speech. Accredited Home Lenders soared 36% after Lone Star Funds said it will offer $214 million for the firm, which is 44% less than it first offered for the troubled lender.

More: Market Update Archive

© 1999-2008 123jump.com. All rights reserved	Contact Us \| About Us\| Jobs \| Site Time Line \| Reprints \| Sitemap \| Privacy Policy \| Disclaimer