Fed's Warsh Quashes Bailout Talk

Fed governor Warsh cautioned against assuming that the Fed will prop up asset prices or protect individual financial institutions. (Remarks)

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/159565242/SB119039313742135405.html

E*Trade Hit by Mortgage Turmoil

E*Trade expects profit to come in 31% below its most recent forecast, saying it was hit hard by fallout in the mortgage fallout.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/157760626/SB119006126061630102.html

Federal Reserve expected to cut key rate (AP)

AP - The Federal Reserve is widely expected to cut its target for the federal funds rate, the interest that banks charge each other, for the first time in four years at its meeting today.

http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20070918/ap_on_bi_ge/fed_interest_rates

Countrywide Loan Fundings Drop

Countrywide Financial said its August mortgage loan fundings fell 17% from a year earlier amid the ongoing credit crunch. The lender has arranged for $12 billion in additional borrowing capacity through new or existing credit lines.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/155934481/SB118968612623526308.html

Countrywide Beefs Up Financing

Countrywide said it obtained $12 billion in additional financing. WaMu said it would cut 1,000 jobs over the next two months.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/155934481/SB118968612623526308.html

Feeds on my BlackBerry

So this doesn't have anything to do with investment but I have a blackberry pearl and I use Blogglines Mobile and Viigo v2.2.55. So, here are my comments. Overall I think Viigo isn't really finished. I think they need to fix the following problems:
1) You can't use the blackberry standard pg up and down with numbers (ie 3, 9)
2) You can't mark a channel as 'all read' - In a channel I would like to hit menu > mark all read so I know what's really new and not what is just 'not read'
3) When a channel refreshes (intermittent) it will forget what you have read (ie. everything would be new)
4) When I upgraded my BlackBerry it lost all the channels I added

Viigo is overall faster on EDGE do to load times of web sites. Viigo is better because it loads an overview and only loads the full article when you drill into it. Blogglines will time out loading images and will build pages to big for the mobile browser. Then you can reload easily because it has marked it as read. I like Blogglines directory much better because you can see how many users use the same feed and you can manage it on the website. For each feed you can make it as available on mobile so not everything shows up on you blackberry. So, the funny thing is that I end up using both. Blogglines for friends and comics: Viigo for basic news and some tech stuff.

8.6 percent drop in home sales predicted

Sales of existing homes in 2007 are forecast to drop 8.6 percent from the previous year, a trade group for real estate agents said Tuesday.

http://us.rd.yahoo.com/dailynews/rss/topstories/*http://news.yahoo.com/s/ap/20070911/ap_on_bi_ge/housing_forecast_realtors

Fed Chorus Out of Tune on Rates

Fed officials appear divided in assessing risks from the recent credit crunch and employment report, suggesting there may be some disagreement about whether or how much to cut rates.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/154625737/SB118943650388322613.html

Crombie REIT set to expand: analyst

Crombie Real Estate Investment Trust ( CRRu/TSX ) could grow by as much 70% over the next few years, according to one east coast analyst. Michael Mills, a Halifax-based analyst with Beacon Securities, believes that Crombie's relationship with Empire Co....(read more)

http://communities.canada.com/nationalpost/blogs/tradingdesk/archive/2007/09/11/crombie-reit-set-to-expand-analyst.aspx

Weak Jobs Data Boost Likelihood of Rate Cut

U.S. payrolls fell by 4,000 in August, the first employment drop in four years. The data suggest damage from the severe housing slump is beginning to ripple through the economy and makes it likely the Fed will cut rates. (Text of jobs report)

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/153422914/SB118916737881920585.html

Countrywide to Cut up to 12,000 Jobs

Countrywide plans to reduce its work force by as many as 12,000 jobs, or 20%. The largest U.S. home-mortgage lender sees its loan originations in 2008 dropping 25%.

http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7014/~3/153610942/SB118919813950820850.html