Morgan Stanley posted a worse than expected loss of $177 million or 57 cents a share, as a dramatic improvement in the spreads on its own debt impacted its earnings by a negative $1.5 billion.

There is rich amount of financial data that will be released this week, which may have positive or negative effect on mortgage rates. Two reports last week moved them down and slightly up last week. What can happen to mortgage rates after three types of important data is released this week?

Syncora Holdings Ltd. (NYSE: SCA) announced results for the three- and nine-month periods ended September 30, 2008. The net loss available to common shareholders in the third quarter of 2008 was $1.339 billion, or $29.28 per common share, as compared to a net loss of $89.9 million, or $1.40 per common share, reported in the third quarter of 2007.

Sirit Inc. (TSX: SI), a leading provider of radio frequency identification technology, reports its financial results for the third quarter ended September 30, 2008. All amounts are stated in Canadian Dollars unless otherwise noted.

Polaris Minerals Corporation (TSX:PLS) today reported financial results for the third quarter ended September 30, 2008. All financial results are in US Dollars unless otherwise noted.

Resin Systems Inc. ("RS"), (RS - TSX / RSSYF - OTCBB), a technology innovator that develops advanced composite material products for infrastructure markets today announced its financial and operating results for the quarter ended September 30, 2008. RS reports in Canadian dollars and all financial references in this news release are in Canadian dollars unless otherwise noted.

Kangaroo Media Inc. (TSX: KTV) announced today results for its 3rd quarter 2008.

First Uranium Corporation (TSX:FIU, JSE:FUM) (ISIN:CA33744R1029) today announced its financial and operating results for the three and six months ended September 30, 2008 and provided technical updates for both the underground Ezulwini Mine and the Mine Waste Solutions tailings recovery operation.

PENN WEST ENERGY TRUST (TSX - PWT.UN; NYSE - PWE) is pleased to announce record net income and strong funds flow for the third quarter ended September 30, 2008.

CVTech Group Inc. (TSX: CVT) announces its results for the 3rd quarter ended September, 2008. Unless otherwise indicated, all amounts are expressed in Canadian dollars.

WGI Heavy Minerals, Incorporated (TSX: WG) today announced results for the third quarter and first nine months ended Sept. 30, 2008. All dollar amounts are in United States dollars unless otherwise indicated.

Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) is pleased to announce details of the San Jose mine performance to September 30, 2008. The San Jose project is operated by Minera Santa Cruz S.A. and is owned 49% by Minera Andes and 51% by Hochschild Mining plc (HOCM.L: Reuters and HOC LN: Bloomberg - London Stock Exchange). Hochschild is the operator of the project. Gross proceeds from metal sales during the third quarter of 2008 were $18.5 million.