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ID: 27659
Title: Yahoo! News: Business Yahoo! News New Century stock falls (Reuters)
Description: Business

A house in North Carolina in a file photo. New Century Financial Corp. shares plunged further on Friday after analysts said they expect the subprime lender to seek bankruptcy protection soon. (Handout/Reuters)Reuters - New Century Financial Corp. shares fell 17.1 percent to an eight-year low on Friday after analysts said the largest independent U.S. subprime mortgage lender, which faces a criminal probe and has stopped making new loans, may soon seek bankruptcy protection.


Category: Business/
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Date Added: March 10, 2007 01:59:16 AM
Number Hits: 0