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UPDATE 1-Fox-Pitt sees Q4 loss at Citi, cuts JP Morgan shr view (Reuters España) Nov 7 (Reuters) - Fox-Pitt Kelton forecast a fourth-quarter loss for Citigroup (C.N: Cotización ), while cutting its earnings estimates for JP Morgan Chase & Co (JPM.N: Cotización ), citing dilution related to the U.S. Treasury's capital purchase program, a volatile equity market and credit concerns. es.reuters.com
Average mortgage increases by €7,000 (RTÉ News) The size of the average mortgage approved in Ireland has increased by almost €7,000 in the past year, despite the fall in house prices. www.rte.ie
Wall Street stocks soar, Dow gains 936 points (CTV British Columbia) Wall Street bounced back Monday from a week of falling stocks, after North American and European leaders agreed on plans to tackle the worldwide credit crisis. The Dow Jones rose a record-breaking 936 points. www.ctvbc.ctv.ca