Mortgage and Financial News From 2008-7-7 Page 12
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Froth comes off latte economy (Asia Times)
The announcement that Starbucks plans to close 600 stores and fire 12,000 employees is emblematic of the major restructuring that lies ahead for the deeply maladjusted US bubble economy.
2008-07-07 03:53:18 -
Week ahead in the US financial markets (Asia Times)
The July 7-11 period, a light week for data, will feature a speech by US Federal Reserve chairman Ben Bernanke on Tuesday, who will give the keynote address at a Federal Deposit Insurance Corporation forum on mortgage lending to low- and moderate-income households.
2008-07-07 03:53:28 -
Three Value Managers Talk Stocks (Kiplinger.com)
Diane Jaffee, John Osterweis and Ralph Shive share their insights on the market.
2008-07-07 03:55:59 -
Bankrate Releases Preliminary Second Quarter 2008 Financial Results (PR Newswire via Yahoo! Finance)
Bankrate, Inc. , announced today preliminary results for its second quarter 2008, ended June 30, 2008.
2008-07-07 04:30:00 -
Countrywide workers worried about severance- NY POST - Reuters UK
July 7 (Reuters) - Workers at Countrywide Financial Corp are worried that new owners Bank of America Corp (BAC.N: Quote , Profile , Research ) will force them into a position that will cause them to lose their severance benefits, the New York Post ...
2008-07-07 03:27:00 -
Bradford & Bingley, FBD Holdings: U.K., Irish Equity Preview - Bloomberg
July 7 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in U.K. markets today. Stock symbols are in parentheses and prices are from the last market close. The benchmark FTSE 100 Index fell 63.8, or 1.2 ...
2008-07-06 11:59:00 -
European, Asian Stocks, U.S. Futures Rise; Sainsbury Advances - Bloomberg
July 7 (Bloomberg) -- Stocks advanced in Europe and Asia following a rout that left global equities at their cheapest relative to earnings in at least 13 years. U.S. index futures increased. J Sainsbury Plc gained after JPMorgan Chase & Co. upgraded ...
2008-07-07 03:34:00 -
UK's B&B hits new record low as concerns persist - Guardian Unlimited
LONDON, July 7 (Reuters) - Shares in Britain's troubled Bradford & Bingley fell 17 percent on Monday to hit a record low of 41.5 pence, below its rights issue price of 55p, as concerns over the mortgage bank's future persist. B&B was forced to ...
2008-07-07 03:34:00 -
TransUnion.com: National Auto Loan Delinquency Rates Decline Nearly 18 Percent in First Quarter of 2008 (PR Newswire via Yahoo! Finance)
TransUnion.com released today the results of its analysis of trends in the auto lending industry for the first quarter of 2008.
2008-07-07 03:09:00 -
Building for Poor Has Stopped with Lack of Mortgages (The Lakeland Ledger)
The din of construction has all but ceased at Lakeland's two showcase communities for the poor. Lot after lot stands ready for the cement buckets, masons and framing crews.
2008-07-07 03:11:05 -
Phillips faces sentencing for fraud Aug. 15 (McComb Enterprise-Journal)
A former McComb real estate developer faces sentencing Aug. 15 after pleading guilty last month to federal charges of conspiracy to commit bank fraud.
2008-07-07 03:12:46 -
Americas Watchdog Warns All, U.S. Homeowners, U.S. Pension Funds and Shareholders of Mutual Funds to Get Ready for ... (PRWeb)
Americas Watchdog is warning all U.S. homeowners, U.S. pension funds & shareholders of U.S. mutual funds to prepare for economic conditions that are about to get as bad as they get. For years, the group has been warning that the U.S. real estate market was going to turn into a biblical type disaster. Now the group is saying, "If you combine what is about to become the worst U.S. real estate ...
2008-07-07 03:30:51 -
For area homebuyers, 'sweat equity' pays off (Orlando Sentinel)
The unfinished, concrete-block home with tile floors is cool inside on this hot summer day, even with the front door open and no electricity for air conditioning. The solid construction and insulation are doing their job to block the heat.
2008-07-07 03:33:44 -
Home Crisis May Haunt Candidates (The Tampa Tribune)
Home foreclosures will keep rising next year no matter who is elected president in November.
2008-07-07 03:33:50 -
Use Auto Refinancing to Ease the Family Budget (Richfield Reaper)
(ARA) - With gas prices at an all-time high and no relief in site, families are finding it necessary to cut back their spending on other items in order to fill up the car's tank. It's reported that gas prices could exceed $4 per gallon this summer.
2008-07-07 03:54:51