Bear shares gains as CEO says balance sheet strong

Date: Wed, 12 Mar 2008 16:01:06 (GMT)
Bear shares gains as CEO says balance sheet strong

Shares of Bear Stearns rise after the company's

CEO Alan Schwartz rejected speculation the firm was in dire straits.

Hedge Funds: Citigroup commits $1 bln to prop up internal muni bond
funds

SAN FRANCISCO
Citigroup Inc. is injecting $1 billion into two internal municipal bond
hedge funds that were hit hard by recent disruptions in fixed-income
markets, a spokesman for the giant bank said on Wednesday.

CEO says Freddie Mac sees U.S. home prices falling further

WASHINGTON
U.S. home prices have much further to fall, the chief executive of major
mortgage-buyer Freddie Mac said Wednesday.

Humana warns on profit, shares slide another 27%

Humana Inc. becomes the latest health insurer to issue a profit warning.
and with nearly matching losses from the previous session in which they
lost a quarter of their value.