Real Estate
  • Citi posts higher income as troubled assets perform better

    Citi posts higher income as troubled assets perform better

    By David Henry and Tanya Agrawal, Reuters

    (Reuters) - Citigroup Inc posted better-than-expected quarterly income as losses on troubled assets narrowed, but revenue declined in many of its major businesses and operating expenses remained...

  • Fannie, Freddie shareholders lobby against U.S. housing reform bill

    Fannie, Freddie shareholders lobby against U.S. housing reform bill

    By Margaret Chadbourn, Reuters

    WASHINGTON (Reuters) - A coalition of investors in Fannie Mae and Freddie Mac on Wednesday launched an effort to stop Congress from moving ahead with a U.S. housing finance reform bill, arguing it...

  • P&G selling pet food brands to Mars for $2.9 billion

    P&G selling pet food brands to Mars for $2.9 billion

    By Phil Wahba, Reuters

    (Reuters) - Procter & Gamble Co is selling the bulk of its pet food business to Mars Inc for $2.9 billion to focus more on its personal care and cleaning brands, the companies said on Wednesday...

  • Credit Suisse faces threat of new U.S. tax probe

    Credit Suisse faces threat of new U.S. tax probe

    By Reuters

    ZURICH (Reuters) - Credit Suisse faces the threat of a new investigation into its role in helping wealthy Americans avoid paying taxes after New York state's top financial regulator requested...

  • Exclusive: IEX eyes stock exchange status

    Exclusive: IEX eyes stock exchange status

    By John McCrank, Reuters

    NEW YORK (Reuters) - The upstart stock trading venue featured in Michael Lewis' book "Flash Boys: A Wall Street Revolt," may apply to become a fully registered stock exchange sooner than planned, IEX...