Plunging Home Prices
Airtime: Wed. Sept. 15 2010 | 2:27 PM ET
Discussing multiple signs that there’s a significant deterioration in the fragile housing market, with CNBC’s Diana Olick.
Airtime: Wed. Sept. 15 2010 | 2:27 PM ET
Discussing multiple signs that there’s a significant deterioration in the fragile housing market, with CNBC’s Diana Olick.
Is it time to roll the dice on casino stocks? David Katz, of Jefferies, and Robert LaFleur, of Hudson Securities, share their insight.
Portuguese Central Bank Governor Vitor Constancio was formally approved by EU finance ministers as the next vice president of the ECB Tuesday. Constancio could be considered “dovish,” Nick Matthews from RBS told CNBC.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Euro zone finance ministers approved a $40 billion emergency aid mechanism for debt-plagued Greece. The CNBC news team has the full story.
The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC.
TUI Travel reported widening first-half losses Tuesday. “What we’ve seen is a significant improvement in our second-quarter results,” CEO Peter Long said. “We’ve seen a strong recovery in consumer demand.”