Calgary Small Business Wins $20,000 National Grand Prize in Scotiabank’s ‘Get Growing Challenge’ (CNW Group)
Outlook for Investment Banking Discussed in Wall Street Transcript Financial Services Report (Wall Street Transcript)
Early Glance: Finance companies (AP)
Fannie, Freddie Jump on Grenade (Minyanville)
Taxpayers now proud owners of most toxic debt on the market.
WaMu swap sellers sidestep massive loss (at CNNMoney.com)
Investors who sold default protection on failed Seattle-based thrift appear set to face a much smaller loss than those who bet on Lehman Brothers.
[audio] Dwyer: Government efforts will help "avoid armageddon" but won’t bring buyers back [4.9 min] (at MarketWatch)
Tony Dwyer an equity market strategist at FTN Midwest Securities tells Nancy Lyons that the markets need buyers. He says government efforts are “helping avoid the armageddon” but they’re not creating an environment that attracts buyers.
Wells Fargo Beats Consensus (Zacks.com)
WFC currently trades at 16.2 times the consensus forward estimate, a 29% premium to the peer group median.
MetLife and "The Office" Star Join Forces to Discuss Employee Benefits (Business Wire)
CHICAGO—-Each day, thousands of commuters stream through Chicago’s Union Station on their way to work. Today, they were greeted by Lucy Davis, most famous for her role as receptionist Dawn Tinsley on the BBC’s international sensation “The Office,” who was on hand as MetLife called attention to the importance of making informed decisions during this fall’s open enrollment season.
Media Alert – Manulife Financial to release third quarter financial results (CNW Group)
Manulife Financial Corporation will release its third quarter financial results on the morning of Thursday, November 6, 2008 followed by a live webcast of the quarterly conference call with analysts beginning at 2:00 p.m. .