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New Century files for Chapter 11 bankruptcy (Reuters)  

New Century files for Chapter 11 bankruptcy (Reuters)

NEW YORK (Reuters) - New Century Financial Corp. filed for bankruptcy protection on Monday amid a surge in homeowner defaults, the biggest mortgage lender to collapse in the slumping U.S. housing market.

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Bear Stearns bails out hedge fund (Interactive Investor)

Bear Stearns bails out hedge fund (Interactive Investor)

Business Finance and city news online from Interactive Investor (www.iii.co.uk). P...

Cracks show but Wolseley is solid enough to be a long-term bet (Daily Telegraph)

Cracks show but Wolseley is solid enough to be a long-term bet (Daily Telegraph)

Questor looks at Wolseley and Workspace.

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