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Credit marketplace $LC said Patrick Dunne, most recently Head of $BLK's San Francisco office and Head of iShares Global Markets and Investments, has joined the company as Chief Capital Officer. Dunne will be responsible for managing the company's Investor Group.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.