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US lender posts startling losses

October 1, 2018
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Struggling United States home finance giant Fannie Mae has reporteda second-quarter loss of $US2.3 billion ($2.54 billion), more thanthree times analysts’ estimates. – Brisbane Times (The Brisbane Times — 11 hours ago)
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The mortgage finance company said Friday that it had a second-quarter loss that was more than triple what Wall Street expected. (New York Times — 8 August, 2008)
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Freddie Mac posted its fourth consecutive quarterly loss and set plans to slash its common stock dividend amid the steepest U.S. housing market slump since the Great Depression. (New York Times — 6 August, 2008)
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Troubled mortgage giant reports more bad news, days after the president signed bailout legislation.

(Washington Post — 7 August, 2008)
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Synchronoss Technologies Inc. reported that its second-quarter earnings were cut in half due to a loss of revenue from its deal with AT&T Inc. to help support the Apple Inc. iPhone. – (Sydney Morning Herald — 6 August, 2008)
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Educational software company Blackboard Inc. said Wednesday it expects third-quarter results in the range of a loss of 2 cents per share to a profit of 2 cents per share. – (Sydney Morning Herald — 7 August, 2008)
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