S&P, Experian announce consumer credit data strategic alliance
Standard & Poor's Fixed Income Risk Management Services, or FIRMS, and Experian announced a strategic alliance to improve transparency in the securitized loan market. S&P and Experian Capital Markets will collaborate on integrating Experian's extensive credit data and analytics with FIRMS securitized loan data and models, with a particular focus on the individual loans that are packaged in mortgage-backed securities. The alliance will provide investors worldwide with more detailed information on the underlying loans in U.S. mortgage-backed securities. Standard & Poor's is a subsidiary of The McGraw-Hill Companies (MHP). :theflyonthewall.com
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Apple vs Amazon intensifies as new tablet device to be unveiled, WSJ reports
As Apple (AAPL) is about to unveil its new 10-inch touch screen tablet device today, it continued to negotiate with book publishers up until the last minute in a move that could rewrite the industry's revenue model, reports the Wall Street Journal. The book industry is faced off against a battle between Apple and Amazon.com (AMZN) over how e-books will be priced and distributed. Reference Link :theflyonthewall.com