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  1. S&P cuts GMAC, ResCap ratings deeper into junk - Reuters
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    NEW YORK (Reuters) - Standard & Poor's on Friday cut its ratings on GMAC LLC and its residential mortgage unit Residential Capital LLC deeper into junk territory, citing "intense financial stress" at the companies. GMAC said on Wednesday that it lost ...
  2. (AFX UK Focus) 2008-11-10 23:14 IAG reaffirms outlook, in talks over UK asset sale (Interactive Investor)
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    SYDNEY, Nov 11 (Reuters) - Insurance Australia Group Ltd (IAG) reaffirmed its full-year profit outlook on Tuesday and said it is continuing discussions on a sale of some of its UK businesses. The nation's top car and home insurer expects to deliver gross written premium growth within its 0-2 percent guidance range, and an improved insurance margin in excess of 10 percent, Chief Executive Michael ...
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