Freddie Mac posts 5 billion Q2 profit and set to pay Treasury
Freddie Mac earned 85 billion in the April to June quarter, its seventh straight profitable period, aided by gains from rate hedges and offsetting mortgage losses. The McLean Virginia firm will pay a 4.4 billion dividend to the U.S. Treasury next month and seeks no further aid.
MENTIONED IN THIS ARTICLE
Washington
Freddie Mac
Freddie
McLean
U.S. Treasury
Fannie Mae
Barack Obama
Fannie
U.S
Treasury
Donald Layton
BoE sets forward guidance on rates as Carney hints wait
Bank of England Governor Mark Carney outlined forward guidance tying rate rises to unemployment dipping below 7 percent. With 7.8 percent unemployment and 0.5 percent base rate, the bank forecasts no increase until about 2016, joining Fed and ECB in providing policy guidance.
MENTIONED IN THIS ARTICLE
London
Bank of England
Mark Carney
Britain
Carney
U.K
Monetary Authority
Bank of Canada
Wal-Mart to fix safety hazards at 2857 stores
Wal-Mart will improve safety training and conditions for workers at 2857 Wal-Mart and Sam's Club stores in 28 states after an OSHA inspection found hazards with trash compactors and cleaning chemicals. The company will also pay a $190,000 fine for a Rochester New York store issue.
MENTIONED IN THIS ARTICLE
Washington
Wal-Mart
Labor Department
Occupational Safety and Health Administration
Rochester
N.Y
Sam's Club
OSHA
Randy Hargrove
Chicago Board of Trade futures report brief
Futures trading on the Chicago Board of Trade opened with highs and lows shown. Trading data included open high low settle figures in U S dollars and cents per unit.
MENTIONED IN THIS ARTICLE
Chicago(ap
Chicago Board of Trade
New York
Chicago
TyeSeas
N.Y
Erte
BkofAm
Facebook
immunoCil
Microsoft
Ishemkts
CheniereEn
Cisco
Baripvix
NwGoldg
AveNat
Univensor
OpexaThrs
TetraTech
Consep
ChiVidars
Strpathc
Pixelwrks
CompSel
ArcosDor
BirksMyr
DigitalGen
Weblcare
Sced
SunEdison
Alidnevg
Nanosphere
Pulsee
Aeroentry
BOS Lid Rs
Cyann
Dow Jones Industrials
Dow Jones Transportation
Dow Jones Utilities
NYSE
S&p
Wilshire
Russell
Benefit of mobile apps for toddlers questioned
An advocacy group challenges infants apps claiming to teach babies. Fisher-Price and Open Solutions face allegations of false advertising regarding apps like Laugh & Learn and Baby First Puzzle. The group urges scrutiny as evidence of benefits for babies remains unproven and screen use is questioned.
MENTIONED IN THIS ARTICLE
Washington
Fisher-Price Inc
Open Solutions
Lagee
Free Childhood
Fisher-Price
Laugh
Susan Linn
Linn
East Aurora
N.Y
Bratislava
Slovakia
Associated Press
Pew Internet
American Life Project
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U.k’s
U.S. Federal Reserve
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Canada
Ea Ee
Fork Mercantile
Ught Sweet Crude
Dun
NY Harbor
Pete
N.Y. Sane N.q
N.a
Gig Wane
Og Atat Inc
Merck
Aetna
EkotAm
OneokPtrs
Boeing
EQG Res
SwstAir
EngyTstr
Texinst
ExxonMbt
TimeWarma
Hewilette
VerizonOm
HollyFront
WalMart
Intel
WashFed
Wells Fargo
XoelEngy
Tkiuwccoee Oun
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