Mortgage and Financial News From 2008-7-4 Page 12
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In Brief (St. Charles Journal)
Voter registration deadline is July 9 The St. Charles County Election Authority is reminding residents that July 9 is the last day they can register to vote and be eligible to vote in the Aug. 5 primary.
2008-07-03 11:22:04 -
(AFX UK Focus) 2008-07-04 10:19 London shares lower midmorning; Bradford & Bingley falls as raises rights issue (Interactive Investor)
LONDON (Thomson Financial) - UK blue chips remained lower midmorning with banks weak again following news Bradford & Bingley will increase its rights issue after U.S. private equity firm TPG Capital pulled out of plans to buy a 23 percent stake in the group.
2008-07-04 02:47:01 -
GM's China growth slows - Detroit Free Press
General Motors Corp., the biggest overseas automaker in China, said sales growth in the country slowed in the first half as competition intensified with Toyota Motor Corp. and Volkswagen AG. The carmaker boosted sales by about 14% from a year earlier ...
2008-07-03 12:11:00 -
Auto briefs - Detroit News
Chrysler LLC said head labor negotiator John Franciosi will retire at the end of September and his position will be eliminated. Franciosi, senior vice president of employee relations, led contract talks with the United Auto Workers union last year ...
2008-07-02 10:02:00 -
More bad news on the UK economy - FXStreet.com
FX markets traded with understandable caution overnight ahead of the ECB announcement and US jobs data. These produced sharp net gains for USD, mostly against EUR and CHF, as while the ECB hiked 25bp as expected to 4.25%, ECB president Trichet said ...
2008-07-03 11:20:00 -
Lear may extend credit - Zanesville Times Recorder
Lear Corp., the second-largest maker of automotive seats, proposed extending an untapped $1.7-billion revolving credit line by almost two years in an effort to lock up loan commitments until the credit crisis abates. Lenders agreeing to the extension ...
2008-07-03 03:38:00 -
Banks deny change in lending criteria - ninemsn
Australian banks say they haven't tightened their lending criteria, as a mortgage broker claimed that more people were finding it harder to get a home loan. The global credit crunch has had a more severe impact on non-bank lenders, which rely heavily ...
2008-07-04 01:43:00 -
‘Foreclosure bug’ affects many lives (Denton Record-Chronicle)
Residential foreclosures since January reached 2,784, more than a third higher than the first six months last year and nearly double since that period in 2004.
2008-07-03 09:50:09 -
Bad Credit Loans Offer Last Line of Credit (PRWeb via Yahoo! News)
As money becomes increasingly scarce, bad credit loans offer the last line of available credit explains Andy Hygate from www.loansbadcredit.org.uk.
2008-07-04 12:01:00 -
Small-cap stocks may signal upturn (Seattle Times)
Even as Wall Street skids lower almost by the day, and the major indexes have touched the levels of a bear market, some analysts are actually finding some signs in the performance of small-company stocks that might be pointing to the early stages of a much broader recovery.
2008-07-04 12:10:32 -
Home Front: Seesaw mortgage rates make it tough to decide when to lock in your loan (The Sacramento Bee)
If you think it's a stomach-turner to watch a volatile stock market and economy, try picking the right week to lock in your home loan.
2008-07-04 12:10:32 -
Money problems stall mall project (Corvallis Gazette-Times)
Gazette-Times Reporter The credit crunch has stalled work on a new shopping center in north Corvallis, but the project’s developer says he hopes to be back on track soon.
2008-07-04 12:24:28 -
(AFX UK Focus) 2008-07-04 09:48 London shares weak in opening deals; New York, Asia mixed; banks drop UPDATE (Interactive Investor)
(Updates with full details)
2008-07-04 02:00:50 -
Hedge pair indicted - Baltimore Sun
NEW YORK - The former managers of two Bear Stearns hedge funds that have been centerpieces of the subprime mortgage crisis were indicted yesterday, marking the first criminal charges against Wall Street figures stemming from the historic subprime ...
2008-07-03 10:29:00 -
Mizuho plans to raise $2.8 bln with preferred stock - Reuters
TOKYO, July 4 (Reuters) - Japan's Mizuho Financial Group (8411.T: Quote , Profile , Research , Stock Buzz ) plans to raise $2.8 billionby issuing preferred shares, as the subprime-hit bank looks to shore up its capital base. Mizuho, Japan's second ...
2008-07-03 09:47:00