Saturday, February 16, 2013

What's in the News - June 24, 2010

What's in the News - June 24, 2010 Video Clips. Duration : 1.37 Mins.


Newspapers/Websites: The prices of mortgage securities issued by Fannie Mae (FNM), Freddie Mac (FRE) and Ginnie Mae jumped to 15-year highs amid increased demand for investments that are as safe as Treasurys but offer better returns, the Wall Street Journal reports...Following the collapse of a bid for AIG's (AIG) AIA life insurance unit by Prudential (PUK), the Globe and Mail reports that Manulife (MFC) could be back in the race for the Asian unit...Providence Equity Partners had preliminary discussions with toymaker Hasbro (HAS) to take the company private via a leveraged buyout, the Wall Street Journal reports...Cisco Systems (CSCO) is reportedly planning to invest B in Russia in an effort to help drive sustainable innovation and entrepreneurship there, the San Jose Business Journal reports...Ford (F) is set to invest 0M in a new plant in Thailand, the Detroit News reports.

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