Mortgage and Financial News From 2008-7-7 Page 7

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• MMC Energy, Inc. Announces Turbine Financing From GE to Help Meet California's Power Needs (PrimeNewswire via Yahoo! Finance)

  NEW YORK, July 7, 2008 -- MMC Energy, Inc. announced today that its wholly owned subsidiaries, MMC Chula Vista II and MMC Escondido II, have agreed to a $25.5 million loan facility with GE Energy Financial Services in connection with the purchase of three GE LM-6000 PC Sprint natural gas-fired turbines from GE Energy.
  2008-07-07 09:21:08

• G8 turns to emerging economies (Khaleej Times)

  WASHINGTON - As leaders of the world's rich nations gather in Japan this week, they find themselves in the awkward position of needing help from emerging economies to tackle soaring energy prices.
  2008-07-07 09:47:25

• New dictionary words (CNews)

  Is it acceptable to serve edamame to a dinner guest who's a pescatarian? Should you pour prosecco or soju for the winner of the Texas Hold 'em game you're planning near the infinity pool? And what's that wing nut in the corner saying about dirty bombs and nasty Noroviruses?
  2008-07-07 10:02:52

• Oil drops on profit-taking, eyeing Iran (EARTHtimes.org)

  NEW YORK (Reuters) - Oil dropped around $3 a barrel on Monday on profit-taking and signals that Iran will be more flexible in negotiations over its nuclear program.
  2008-07-07 11:10:32

• Housing, the Subprime Mortgage Crisis and the Enduring Resilience of the U.S. Economy (US News & World Report)

  Government should stand clear where markets will do a job more efficiently or wisely.
  2008-07-07 11:12:57

• GPT says market turmoil cuts profit, shares slump - Guardian Unlimited

  SYDNEY, July 7 (Reuters) - Australia-based property investor GPT Group slashed its 2008 earnings and dividend forecasts by more than a quarter and said global market turmoil would keep conditions difficult until year end, sending its shares down as ...
  2008-07-06 11:02:00

• UPDATE 1-GPT sees lower earnings on global markets turmoil - Forbes

  SYDNEY, July 7 (Reuters) - Australian property investor GPT Group on Monday cut its earnings per share forecast for 2008 to 21.2 cents and its full-year distribution forecast to 20 cents per share, citing turmoil in financial markets. That compares ...
  2008-07-06 05:47:00

• Private Equity Wins Again: BCE Buyout Proves the Customer is Always ... - Wall Street Journal

  Private-equity investors are known in some quarters as the “smart money.” Their success in winning difficult negotiations against banks on embattled leveraged buyouts also makes them the tough money. After all–in a nice tie-in with Independence ...
  2008-07-07 08:27:00

• New fire chief, bond refinance on Council agenda - The Shreveport Times

  The Shreveport City Council this week is slated to vote on the mayor's choice for fire chief and a resolution to support refinancing $30 million in bonds for Independence Stadium upgrades. Mayor Cedric Glover last week announced Brian Crawford ...
  2008-07-06 11:52:00

• Economists' Statement on John McCain's Jobs for America Economic Plan (Christian News Wire)

  ARLINGTON , Va. , July 7 / Standard Newswire / -- U.S. Senator John McCain's presidential campaign today released a statement signed by over 300 professional economists in support of John McCain's Jobs for America economic plan.
  2008-07-07 06:10:43

• The Business of New York Real Estate: Timely Information, Trusted Analysis and Valuable Resources Online (GlobeSt.com)

  NEW YORK CITY-Meridian Capital Group has arranged $25 million for the refinance of the St. James Building located at 1133 Broadway in New York City. The office building here consists of 16 stories and 154,660 sf of rentable space comprised of over 200 office tenants.
  2008-07-07 07:56:36

• MUS stopping bond-related loss: Ballooning interest delays payoff of interest on FiberNET bonds (Morristown Citizen Tribune)

  The bond-related bleed at Morristown Utility Systems’ FiberNET operation will end with the refinancing of $20 million in bonds.
  2008-07-07 08:58:44

• Will Talk of $200 a Barrel Dampen Growth? - DailyFx

  Fundamental Headlines • GBPUSD – U.K. factory production contracted to its lowest level in eight months, falling by 0.5 percent in May.
  2008-07-07 03:55:00

• Household debt rising steadily - The Province

  EDMONTON -- Recent columns on Canadians' unprecedented household debt plus new trends of young people and those entering retirement taking on huge mortgages drew inordinate reaction. Many readers questioned the relatively low percentage given for ...
  2008-07-07 01:25:00

• Looking for mortgage newsletter ? Search LocalPages.com. - Colleyville Courier

  Mortgage Professional Fed Stops Cutting Rates! Act Now. Lock in Today's Low Fixed Rates. http://www.eloan.com/ Find It at Local Pages Looking for mortgage newsletter
  2008-07-07 05:21:00

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