Tuesday, April 22, 2008
Tuesday, April 22, 2008
In the news:
Royal Bank of Scotland Group, the U.K.'s second-biggest lender, will sell 12 billion pounds ($23.7 billion) of new shares to investors at 200 pence each, 46% below yesterday's close. RBS wrote down assets by 5.9 billion pounds.
"U.S. stocks fell for a second day after earnings reports from UnitedHealth Group Inc., Texas Instruments Inc. and Coach Inc. rekindled concern that the economic slowdown has spread beyond the financial industry." Sphere: Related Content
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