Mortgage and Financial News From 2008-7-17 Page 5

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  • New 'Batman' is a triumph, packed with action - Detroit Free Press

    Sequels are inherently difficult. A primed audience arrives on a wave of excitement created by the original film that was good enough to command a second bite at the box-office apple. That's the dilemma Christopher Nolan faced as he prepared to make ...
    2008-07-17 05:05:00
  • The real reason why bankers feel so gloomy - Times Online

    According to the overwhelming majority of financial analysts in the City of London and Wall Street, the world is now in the worst economic crisis since the 1930s. Anyone who doubted this cataclysmic consensus - and I must admit that I played down the ...
    2008-07-17 04:15:00
  • Fidelity Southern Corporation Reports Modest Profit and Increased ... - MSN MoneyCentral

    ATLANTA , July 17 /PRNewswire-FirstCall/ -- Fidelity Southern Corporation ("Fidelity" or "the Company") LION , holding Company for Fidelity Bank, reported net income of $5,000 for the second quarter of 2008 compared to $2,070,000 for the same quarter ...
    2008-07-17 12:47:00
  • Gloom leaves Merrill ‘core’ in the shadows - Financial Times

    On one level it’s hard not to feel bad for John Thain. The former Goldman Sachs golden boy took over a once great brokerage house that had faltered badly by getting far too big, far too fast, in the creation of collateralised debt obligations and ...
    2008-07-17 06:02:00
  • Little foreclosure relief seen from housing bill - MSNBC

    After a year of debate, Congress appears close to passing a bill intended to stem the rising tide of home foreclosures and stabilize the shaky housing market. But even if the bill wins final passage — far from a certainty — the most optimistic ...
    2008-07-17 08:51:00
  • All You Need to Know About Financials - Street.Com

    Updated from July 14. How much do you really know about the latest financial sector news? The following are key insights from TheStreet.com . From JPMorgan: Prime Loans Form Dark Cloud : The banking titan [ JP Morgan Chase JPM ] said Thursday [Jul ...
    2008-07-17 03:03:00
  • Obamanomics: Barack addresses pressing economic issues - The Independent

    As Barack Obama begins his tour of Europe and the Middle East this weekend, he is aiming to project back home the image of a world leader-in-waiting, a statesman-like performance to bolster his foreign policy credentials and fuzz his background as a ...
    2008-07-17 05:19:00
  • Stay aboard the milk float as Dairy Crest aims to bag the green ... - Daily Telegraph

    It may not be quite as dramatic as events in St Petersburg in 1917, or those of Paris in 1789, but according to J Sainsbury, it is a revolution none the less. Albeit one in the decidedly less glamorous area of milk packaging rather than global ...
    2008-07-17 03:53:00
  • Frank Backs Linking Rescue Plan to U.S. Debt Limit (Update1) - Bloomberg

    July 17 (Bloomberg) -- U.S. Representative Barney Frank , the Democrat who heads the House panel overseeing housing, aims to tie the Treasury's plan to aid Fannie Mae and Freddie Mac to the federal debt limit, placing a potential constraint on the ...
    2008-07-17 03:53:00
  • A new leaf - Chicago Tribune

    The sound of carpenters at work in subdivisions or the sight of building cranes rising above street corners are the obvious clues that Chicago has participated in the great housing boom of the early 21st Century. A less obvious sign is the surge in ...
    2008-07-17 01:16:00
  • Web sites offer foreclosure victims comic relief - Reuters

    NEW YORK, July 17 (Reuters) - Borrowers who have lost their homes, thousands of dollars and their good credit ratings can at least have a laugh thanks to real estate agent and Web site creator Lisa LaShawn. LaShawn is taking aim at what she considers ...
    2008-07-17 02:20:00
  • UPDATE 2-Rosneft in new export back loan to refinance debt - Reuters UK

    MOSCOW, July 17 (Reuters) - Russia's most indebted oil firm Rosneft (ROSN.MM: Quote , Profile , Research ) is on course to repay and refinance $7 billion of debts ahead of an August-September deadline after putting cash aside and raising a $2.85 ...
    2008-07-17 01:27:00
  • County looks to refinance - Cleveland Daily Banner

    Bradley County commissioners will be asked Monday to approve a resolution to restructure all or part of the county's debt to limit its exposure to bond insurance companies that may have been downgraded as a result of the subprime mortgage crisis ...
    2008-07-17 12:40:00
  • Energy stocks depress TSX;NY surges as oil closes below US$130 - Thunder Bay Chronicle-Journal

    TORONTO - The Toronto stock market closed lower Thursday as oil closed below US$130 a barrel for the first time since June 5 and mining stocks also sold off on worries about slowing economies. However, the news was far from bad on the TSX as ...
    2008-07-17 01:52:00
  • U.S. Stocks Decline, Sending S&P 500 to Lowest Level Since 2005 - Bloomberg

    July 15 (Bloomberg) -- U.S. stocks dropped, sending the Standard & Poor's 500 Index to the lowest since 2005, as a plunge in oil dragged down energy shares and investors lost confidence in the government's plan to rescue Fannie Mae and Freddie Mac ...
    2008-07-15 01:54:00