Industry News

Earnings tell all when it comes to management

News Analysis: Cendant, Wells Fargo, and Fannie Mae up; WaMu down
Published on Jul 23, 2004

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by CareyBot

Thanks to the Enron scandal, transparency is at an all-time high. And that clarity enables observers of public companies to see which ones are going strong and which ones are shaking in their boots.

In the past week, real estate giant Cendant's real estate earnings were up a whopping 31 percent, while home loan finance heavyweight Washington Mutual's earnings dipped 49 percent.

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