Mortgage and Financial News From 2008-1-31 Page 38

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  • Sensex opens high at 17810 pts; up by 52 pts - Deepika

    Sensex opens high at 17810 pts; up by 52 ptsDeepika, India - 6 minutes agoSelect stocks opened with an upward gap and firmed up further in early trade after the US Federal Reserve slashed the key interest rate by 50 basis points ...
    2008-01-31 12:18:26

  • Subprime Crisis Devastating Minorities The Most (WCBS-TV New York)

    The FBI this week announced it is looking into the subprime mortgage industry for criminal acts such as fraud and insider trading. The mortgage crisis continues to send families into panic, but it's devastating minority families the most by costing them their homes and even their life savings.
    2008-01-31 12:08:23

  • 1 of U.S. most-wanted al Qaeda leaders killed (Detroit Free Press)

    CAIRO, Egypt — Abu Laith al-Libi, a top al Qaeda commander in Afghanistan who was blamed for bombing a base while Vice President Dick Cheney was visiting last year, has been killed, according to a militant Web site.
    2008-01-31 12:10:38

  • A piece of Eden (CNews)

    EDEN, N.C. — There’s a piece of heaven for sale in Eden. With ducks out back, it sits here on rolling North Carolina hills, nestled near the banks of the Dan River.
    2008-01-31 12:23:08

  • Nova Chemicals swings to profit (The Globe and Mail)

    CALGARY, Alberta (Reuters) - Nova Chemicals Corp returned to a fourth-quarter profit as the petrochemical maker reported bigger sales, several one-time gains and a smaller restructuring charge than the year-prior period, it said on Thursday.
    2008-01-31 12:16:53

  • Loonie Drops Versus Majors (Nasdaq)

    (RTTNews) - The loonie fell against its major counterparts on Thursday.
    2008-01-31 12:17:03

  • iTunes surpasses RealPlayer, more unique users (MacNN)

    Apple's iTunes software surpassed RealPlayer in unique users for the first time in April of 2007, according to WebSiteOptimization.com, and was the only contender among the four major streaming media players to show a positive growth rate over the past year. iTunes grew 26.8 percent from December 2006 to December 2007, while QuickTime and RealPlaye...
    2008-01-31 12:18:08

  • Funds sought for Urbana Park District (The Champaign News-Gazette)

    URBANA – Normally, Roberta Gumport, who lives in south Urbana on Anderson Street, could be counted on to support the Urbana Park District when it asked for a property tax increase. But this time, in an uncertain economy, she's undecided about whether to support the district's request for a 25-cent increase in the district's property tax rate – a 35 percent increase in the district's overall ...
    2008-01-31 12:18:32

  • Fed Rates Keep Falling on My Head: What the Fed Rate Cuts Means for Your Savings and Mortgage from Informa Research ... (wallstreet:online AG)

    Today, the Fed slashed the Fed funds rate by 50 basis points (http://learn.equifax.com/banking-loans/loan-rates).
    2008-01-31 12:19:50

  • Bristol-Myers Posts Quarterly Loss on Subprime Investments (Bloomberg.com)

    Jan. 31 (Bloomberg) -- Bristol-Myers Squibb Co. reported a fourth-quarter loss from investments in subprime securities that led to a $275 million charge.
    2008-01-31 12:21:16

  • Related Articles (Prince George Citizen Online)

    The new Bank of Canada governor, Mark Carney, takes over Friday, replacing the retiring David Dodge. Carney, 42, is the financial regulator's second-youngest head and possibly its least experienced, with only about a year and a half at the central bank.
    2008-01-31 12:21:19

  • Township ballot questions look at national issues (The Champaign News-Gazette)

    Voters in the townships that include most of Champaign and all of Urbana will get an opportunity to weigh on some national issues in the Feb. 5 primary. Additionally, Champaign voters also will be able to vote on whether they agree with the decision last year to cut funding to general assistance recipients in City of Champaign Township, and whether they think the town board should actively ...
    2008-01-31 12:22:30

  • Ample cash brings down rates (The Times of India)

    Industry estimates peg HDFC's market share in the home loan market at about 35-37%.
    2008-01-31 12:22:37

  • Stocks erase early losses, turning higher following easing of concerns about bond insurers (KATC 3 Lafayette)

    NEW YORK -- Stocks turned higher Thursday after concerns eased about hefty losses at bond insurer MBIA Inc. and the prospect of downgrades in the bond insurance industry.
    2008-01-31 12:23:39

  • Fed interest-rate cut no quick fix

    Louisville Courier-Journal - There probably will be more losses for financial companies. And, even though mortgage rates are declining, the credit crunch has ... The proposed eligibility ceilings in a new bill from Senate Finance Committee chairman Max Baucus compare with income ...
    2008-01-31 08:11:00

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