Mortgage and Financial News From 2008-1-3 Page 69

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  • More Chapter 11 filings on tap for 2008 - Barre Montpelier Times Argus

    More Chapter 11 filings on tap for 2008Barre Montpelier Times Argus, VT - 1 hour agoBut in those same industries, weaker companies might find the dual pressures of slowing revenues and high costs the final straw. As mortgage defaults and ...
    2008-01-03 12:19:23
  • Forestar Real Estate Group Spin-Off Completed - PR-USA.net (press release)

    Forestar Real Estate Group Spin-Off CompletedPR-USA.net (press release), Bulgaria - 1 hour agoForestar Real Estate Group Inc. (NYSE:FOR) today announced the completion of its spin-off as an independent company from Temple-Inland Inc. Forestar will ...
    2008-01-03 12:20:55
  • PHH deal done in by tight credit - Baltimore Sun

    PHH deal done in by tight creditBaltimore Sun, United States - 1 hour agoBut the complex deal began to unravel in September as the outlook for mortgage companies sharply worsened. PHH announced Tuesday - New Year's Day - that ...
    2008-01-03 12:21:15
  • Interest payments soar to £93bn - This is Money

    Interest payments soar to £93bnThis is Money, UK - 1 hour agoBut many credit card and mortgage providers have not passed the reduction on to their customers and the situation is being made worse by the global credit ...
    2008-01-03 12:22:01
  • YOUR FUNDS: These mutual funds expired,thankfully - Quad City Times

    YOUR FUNDS: These mutual funds expired,thankfullyQuad City Times, IA - 1 hour agoUltimately, Steadman Oceanographic — which was supposed to profit from companies that were farming and building communities at the bottom of the sea — and ...
    2008-01-03 12:25:47
  • Deal is off: GE's not buying NJ mortgage lender PHH - Trading Markets (press release)

    Deal is off: GE's not buying NJ mortgage lender PHHTrading Markets (press release), CA - 52 minutes ago... PHH's mortgage operations were unusual because they offer private-label mortgages for banks and other financial companies such as Merrill Lynch & Co. ...
    2008-01-03 12:54:30
  • Market values of firms rise radically - Turkish Daily News (subscription)

    Market values of firms rise radicallyTurkish Daily News (subscription), Turkey - 42 minutes ago... of companies listed on the Istanbul Stock Exchange (IMKB) changed drastically in 2007, a year overshadowed by the fluctuations caused by the mortgage ...
    2008-01-03 01:04:50
  • Bad year for US carmakers best yet for Canadians looking to buy - Vancouver Sun

    Bad year for US carmakers best yet for Canadians looking to buyVancouver Sun,  Canada - 32 minutes agoChrysler also cancelled a shift in Brampton, Ont. - The subprime mortgage meltdown in the United States. It cost nearly a half-million families their homes ...
    2008-01-03 01:14:02
  • BPO 2008: The Year Ahead - PR-Inside.com (Pressemitteilung)

    BPO 2008: The Year AheadPR-Inside.com (Pressemitteilung), Austria - 32 minutes agoThe sub-prime mortgage crisis and the weakening of the US Dollar have rendered several rude shocks to the outsourcing industry in 2007. Indian companies ...
    2008-01-03 01:14:46
  • PM's wrong about how to handle a slowdown - Toronto Star

    PM's wrong about how to handle a slowdownToronto Star,  Canada - 14 minutes ago... US mortgage companies were lending money to people who couldn't repay it and then flogging this dodgy debt to banks around the world). ...
    2008-01-03 01:32:14
  • Bush may offer more housing relief - Toronto Star

    Bush may offer more housing reliefToronto Star,  Canada - 14 minutes agoHe said that allowing government-sponsored mortgage companies to buy and package home loans as securities above the $417000 limit is "an issue that's been ...
    2008-01-03 01:32:32
  • Corporate report - Sarasota Herald-Tribune

    Corporate reportSarasota Herald-Tribune, FL - 5 minutes agoAlliance & Leicester PLC -- The company's shares jumped almost 9 percent following reports that the mortgage lender had met with Spain's Banco Santander SA. ...
    2008-01-03 01:41:40
  • Stocks Drop on Weak Manufacturing Report (Greenwich Time)

    NEW YORK -- Wall Street skidded lower Wednesday after a weaker-than-expected reading on the manufacturing sector and a spike in oil prices to $100 a barrel triggered concerns of a further slowdown in the overall economy.
    2008-01-03 12:55:50
  • Outlook: Markets may dive, then thrive (The News Journal)

    NEW YORK -- Investors with short time horizons might want to remind themselves that there are 12 months in a year. The reason: 2008 could be a tale of two markets on Wall Street.
    2008-01-03 12:58:31
  • Arkansas News Bureau (Arkansas News Bureau)

    Chesapeake secures financing for future drilling Arkansas News Bureau LITTLE ROCK - Chesapeake Energy Corp. sold $1.1 billion worth of future natural gas production and plans to sell more to finance its drilling program, including activity in the Fayetteville Shale play, the company announced Wednesday.
    2008-01-03 01:06:07