Countrywide Tumbles on Downgrade, Rumors

August 14, 2007

118

Countrywide Financial Corp. shares tumbled Wednesday after being downgraded by a Merrill Lynch analyst and on rumors that the mortgage lender was not able to raise money in the commercial paper market.

*For more on this story,

read the full CNNMoney article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

Unlimited access to OCBJ.com
Daily OCBJ Updates delivered via email each weekday morning
Journal issues in both print and digital format
The annual Book of Lists: industry of Orange County's leading companies
Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Countrywide Foreclosures at Multi-Year High

Existing Home Sales Fall in 41 States

staff-author

Countrywide Tumbles on Downgrade, Rumors

Want more from the best local business newspaper in the country?

Would you like to subscribe to Orange County Business Journal?

Featured Articles

Rivian Automotive Jumps 11% in Q1 Revenue

Alignment Healthcare Shares Fall 10% After-Hours

Erewhon to Open First Orange County Store in 2027

Related Articles

Rivian Automotive Jumps 11% in Q1 Revenue

Alignment Healthcare Shares Fall 10% After-Hours

Erewhon to Open First Orange County Store in 2027

2026 CFO of the Year Awards Gallery

Irvine’s Dzyne Lands Multimillion Dollar Air Force Contract

Advertise With Us

About Us

Subscriber Links

Other Journals