BZH +/- Beazer Homes USA Inc. will pay up to $53M to settle mortgage fraud charges related to federally insured mortgage loans the company made to buyers of its homes. The U.S. Dept. of Justice said that BZH will pay $5M to the federal government and...
AUTO MAKERS + The 3 biggest car makers in America called a bottom to the long decline in U.S. auto sales as the industry reported its smallest monthly sales drop this year. New-vehicle sales in June fell 28% from a year earlier to 860,000 cars and light trucks, ac...
THE TREASURY + The Treasury Dept. is expected to name as many as 9 investment managers to operate funds that will buy toxic securities from financial institutions, according to people familiar with the plans. An announcement could come as soon as today but may slip...
HEARD ON THE STREET - The haphazard way that pay practices are being altered may yet yield the worst of all worlds, higher fixed costs and less accountability, without removing the threat of talent walking out the door...
U.S. STOCK FUTURES - U.S. stock futures edged lower heading into the extended weekend with attention turning to the payrolls report for clues on whether the economy can continue to mend. S&P 500 futures fell 3.9pts to 915.30 and Nasdaq 100 futures slipped 5.5pts to 1,47...
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