Mortgage and Financial News From 2008-8-19 Page 9
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Lehman shares slide on fears over results - Financial Times
Shares in Lehman Brothers continued their steep decline on Tuesday, falling more than 10 per cent amid fresh predictions of significant third-quarter writedowns. The decline also came after reports that the troubled investment bank may sell all or ...
2008-08-19 10:35:00 -
First Financial Holdings, Inc. to Participate in the Howe Barnes ... - MSN MoneyCentral
CHARLESTON, S.C. , Aug. 19 /PRNewswire-FirstCall/ -- First Financial Holdings, Inc. FFCH ("First Financial" or "Company") today announced that through an arrangement with Howe Barnes Hoefer & Arnett, Inc., it will make individual presentations to ...
2008-08-19 11:04:00 -
China allocates $512 mln to support small enterprises - Xinhua News Agency
BEIJING, Aug. 19 (Xinhua) -- China's Ministry of Finance (MOF) on Tuesday announced the country would earmark 3.51 billion yuan (511.6 million U.S. dollars) this year to support the development of domestic small- and medium-sized enterprises ...
2008-08-19 09:09:00 -
NH regulators, mortgage company reach settlement - Forbes
A mortgage company that does business in New Hampshire, Maine and Massachusetts has agreed to pay $425,000 as part of a settlement with New Hampshire banking regulators. The Mortgage Specialists, its president Michael Gill and compliance officer Lisa ...
2008-08-19 09:45:00 -
Asia stocks at 2-year low as credit fears bite - Reuters
HONG KONG (Reuters) - Asian stocks fell to a two-year low on Tuesday, led by exporter shares, on fears the U.S. government will have to bail out the top mortgage finance companies, further destabilizing the financial sector. Wall Street tumbled and ...
2008-08-18 10:04:00 -
European Stocks Fall, Led by Banks on Loss Concerns; Ciba Drops (Bloomberg.com)
Aug. 19 (Bloomberg) -- European stocks declined for a second day as concern deepened that financial firms will post more losses and reports signaled faster-than-forecast inflation.
2008-08-19 10:51:21 -
Shopping Slowdown Stalls Staples (Forbes)
Lagging consumer spending hurt the office supply company, as its shares fell 5% on disappointing Q2 results.
2008-08-19 10:51:40 -
Stocks fall on inflation data, financial worries (INO News)
(AP:NEW YORK) Wall Street fell sharply for a second straight session Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reason to believe an economic recovery is far off. The Dow Jones industrial average dropped by about 100 points.
2008-08-19 11:02:47 -
SEC to propose new short selling rule in weeks (EARTHtimes.org)
WASHINGTON (Reuters) - The top securities regulator plans to propose new short selling rules in the next few weeks.
2008-08-19 11:07:16 -
Investors step up pressure on Fannie and Freddie (Financial Times)
Investors in securities backed by Fannie Mae and Freddie Mac are locked in a test of wills with the US Treasury. The interim rescue plan for the two US government-sponsored mortgage financiers has come under severe market strain in recent weeks.
2008-08-19 11:08:29 -
Ky.’s Jobless Rate On The Rise (The Kentucky Post)
Kentucky’s seasonally adjusted preliminary unemployment rate for July 2008 rose to 6.7 percent from June 2008’s revised 6.3 percent, according to the Office of Employment and Training (OET), an agency of the Kentucky Education and Workforce Development Cabinet.
2008-08-19 11:12:47 -
Paulson previews agenda for next China talks (AP via Yahoo! Finance)
Treasury Secretary Henry Paulson said Tuesday the next round of high-level talks with China will focus on energy and environmental issues, and efforts to agree on an investment treaty.
2008-08-19 11:17:43 -
Dollar Falls From Six-Month High as Stocks Drop, Oil Increases (Bloomberg.com)
Aug. 19 (Bloomberg) -- The dollar dropped from a six-month high against the euro as stocks fell and crude oil prices rose, raising concern the U.S. economic slowdown will be prolonged.
2008-08-19 11:19:06 -
Top things to know - CNN Money
Paste this link into your favorite RSS desktop reader Though it's never too late to start, the sooner you begin saving, the more time your money has to grow. Gains each year build on the prior year's - that's the power of compounding, and the best ...
2008-08-12 05:17:00 -
The Mortgage Calculator - KVBC
This calculator is designed to do three things: 1) Calculate a simple monthly payment 2) Figure the effects of prepaying your mortgage and 3) Analyze the composition of your monthly payments in the future. The latter is particularly helpful in ...
2008-08-13 07:18:00