Mortgage and Financial News From 2008-7-30 Page 11
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Moody's profit falls 48 percent, beats estimates (INO News)
(AP:NEW YORK) Moody's Corp., a provider of credit ratings and financial analytics, said Wednesday second-quarter earnings fell 48 percent as demand for ratings services slowed amid souring credit markets.
2008-07-30 05:27:03 -
(AFX UK Focus) 2008-07-30 13:04 ROUNDUP Next hits H1 guidance but 'very cautious' on outlook (Interactive Investor)
LONDON (Thomson Financial) - Next Plc, the high street and catalogue fashion retailer, reported Wednesday a fall in first half underlying sales at its Next Retail division slightly above previous guidance but said it is still "very cautious" on the outlook.
2008-07-30 05:31:20 -
Tanger Reports Second Quarter 2008 Results Adjusted Funds From ... - CNBC
GREENSBORO, N.C., July 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Tanger Factory Outlet Centers, Inc. (NYSE: SKT) today reported funds from operations available to common shareholders ("FFO"), a widely accepted measure of REIT performance, for the ...
2008-07-29 01:30:00 -
U.K. Pound Slides, Gilts Advance as Retail-Sales Index Plunges - Bloomberg
July 29 (Bloomberg) -- The pound slid to its weakest level in more than two weeks against the dollar after an index of U.K. retail sales sank to a 25-year low and mortgage approvals fell, fueling speculation the economy is headed toward a recession ...
2008-07-29 10:24:00 -
Jam makes playfor Uptown Theatre - Chicago Sun-Times
A long-running mystery in Chicago real estate has been solved. It’s the case of who owns the Uptown Theatre, 4816 N. Broadway. The landmark theater, vacant for most of the last 25 years, is owned by a partnership run by Jam Productions Inc. That ...
2008-07-29 03:32:00 -
Soldier on or gain from surrender - 7 Days UAE
Dear Graham, we have an endowment policy that has another seven years to run and we do not have a mortgage at present. Should we let it run to maturity or cash it in and reinvest?There are a number of types of endowment policy and they were popular a ...
2008-07-29 12:12:00 -
"How Safe is Your Bank?" (GodmodeTrader)
In 1790, Edmund Burke, the founder of Anglo-American conservatism, waxed eloquently about the power and responsibilities of a government’s agencies in a democracy. He said: “To execute laws is a royal office; to execute orders is not to be king.
2008-07-30 03:12:05 -
County retirement board seeks pension boost (The Salem News)
BOSTON and mdash; A plan to boost the pensions of Essex County retirees could cost cash-strapped cities and towns tens of thousands of dollars a year. The bill, pushed by the Essex Regional Retirement Board, would raise the annual cost-of-living increase to the pensions of 1,623 retirees. If approved by the governor, it would be the first cost-of-living adjustment for Essex County retirees since ...
2008-07-30 03:32:36 -
City Plans Tax Increase To Pay For Landfill Legal Fees (Polk County Democrat)
Bartow city commissioners plan to increase city property taxes by 28 percent, primarily to raise money to pay lawyers to represent the city's efforts to block creation of a garbage landfill on E.F. Griffin Road.
2008-07-30 03:45:17 -
Bush signs housing rescue law (CNN Money)
President Bush on Wednesday signed into law a sweeping housing bill that aims to boost the struggling housing market and bolster mortgage finance giants Fannie Mae and Freddie Mac.
2008-07-30 04:26:11 -
IAC Reports Q2 Results (PR Newswire via Yahoo! Finance)
IAC released second quarter 2008 results today.
2008-07-30 04:30:00 -
QUICK POLL (GlobeSt.com)
SAN DIEGO, CA—Imperial Capital Bancorp Inc. reported net income for the quarter ended June 30, primarily from wholly-owned subsidiary La Jolla-based Imperial Capital Bank of $2.4 million, or 43 cents per diluted share, compared with $6 million, or $1.08 per diluted share, for the same period last year.
2008-07-30 04:48:56 -
Merrill Debt Grows Less Risky - Wall Street Journal
The cost of protection on the senior debt of Merrill Lynch & Co. fell sharply after the broker-dealer agreed to sell more than $30 billion in toxic mortgage-related assets at a steep loss, raising hopes of an end to its balance-sheet troubles. The ...
2008-07-29 05:34:00 -
U.K. Mortgage Rescue Would Create `Risks,' Crosby Tells Darling - Bloomberg
July 29 (Bloomberg) -- The British government may take on a financial burden and encourage banks to resume risky lending if it guarantees mortgage-backed securities, a report for Chancellor of the Exchequer Alistair Darling showed. Former HBOS Plc ...
2008-07-29 07:54:00 -
Feds leave prints on loan oversight - Chicago Tribune
WASHINGTON—Should your mortgage loan officer have fingerprints on file in a national electronic database? Should you be able to go to a Web site to check your lender or mortgage broker's professional file, including employment history and ...
2008-07-29 10:06:00