Today's Internet News Stories
- Exclusive: Greek PM Papademos expects debt swap deal in days (Reuters) Reuters - Greece expects to conclude difficult debt talks with private creditors within days and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime Minister Lucas Papademos told Reuters on Friday.
- In Facebook IPO, bankers seek prestige over fees (Reuters) Reuters - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.
- Fitch cuts Italy, Spain, other euro zone ratings (Reuters) Reuters - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.
- Analysis: Banks expect to spend less on bad mortgages (Reuters) Reuters - Even as President Barack Obama is calling for more assistance for struggling mortgage borrowers, major banks are looking forward to spending less to handle problem home loans.
- Guidewire jumps 38 percent in stock market debut (AP) AP - Guidewire Software quickly found a following in its stock market debut Wednesday.
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