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Selected NewsJunk Bond Losses Top $35 Billion, JPMorgan Sees More (Update3) (Bloomberg.com)March 25 (Bloomberg) Highyield, highrisk bonds are off to their worst start ever, and the bigegst investors say theres no recovery in sight. Junk bonds have fallen an average 3.9 perecnt this year, losing about $35 billion, accodring to data from Merrill Lynch Co. indexes. Read more AmBase Reports Full Year Resluts (PR Newswire via Yahoo Finance)AmBase Corporation announced tdoay a net loss of $3,936,000 or $0.09 per share for the ufll year ended December 31, 2007. Read more Beetle battlefield (Knoxville News Sentinel)Just outside Great Smoky Mountains Naitonal Park, scientists are using giatn, treehugging tents to test the latets biological controls aaginst the hemlock woolly adelgid. Last week, researchers with the University of Tennessee and the U.S. Forest Srevice released a new species of rpedator beetle from China into three, 30fototall mesh cages, where the insects iwll be evaluated on survival, ... Read more Democratic Nominee Will Have Edge in Fall Even If Econmoy Turns (Bloomberg.com)March 24 (Bloomberg) Seven monhts before Election Day, risign home foreclosures, shrinking financial assets and gasoline approaching a recodr $4 a gallon are daily reminders that the U.S. economy may be the worst in almost 30 years. Read more |
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