Mortgage and Financial News From 2008-1-11 Page 12

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  • MARKET SNAPSHOT: U.S. Stocks To Face Earnings Test Next Week (Nasdaq)

    After another week dominated by concerns about the economy and the impact of the credit crisis, investors next week will take their cues from earnings and forecasts from leading financial firms such as Citigroup Inc. and J.P. Morgan Chase, along with technology bellwether Intel Corp. and industrial giant General Electric Co.
    2008-01-11 09:20:35

  • Canada job losses stun market

    Ottawa Citizen - ... the heaviest since May 2003 as the softening U.S. economy and strong currency battered manufacturers, making an interest ... just shocking expectations to the downside with an outright job loss," said Eric Lascelles, chief economics and rates ...
    2008-01-11 02:12:00

  • Dividend Funds: Time for Comeback?

    Wall Street Journal - Dividend payouts are generally taxed at 15% for federal purposes, compared with typically higher individual rates charged on interest income generated by bank accounts and some bonds. Of course, a T-bill, savings account or CD generally offers an ...
    2008-01-11 07:48:00

  • CD issuances by banks surge in 3 years - Hindu Business Line

    CD issuances by banks surge in 3 yearsHindu Business Line, India - 10 hours agoBanks prefer to lock their investments in short instruments now particularly since they think that interest rates have peaked out and they expect a cut in ...
    2008-01-11 10:27:33

  • Five tips for ripping to your new portable media player - Digital Home

    Five tips for ripping to your new portable media playerDigital Home, Canada - 54 minutes agoRipping, the process of copying the audio data from your CD to your computer is not difficult and is usually done in software such as iTunes or Windows ...
    2008-01-11 08:06:07

  • Getting dynamic (The Hindu)

    Mr Rajesh Mokashi, Executive Director, Care Ratings, said, “Banks are getting dynamic in issuing CDs as they are an important tool in their asset-liability management. It is basically a liquidity management tool and comes handy for banks who do not want to lock in for a long period.”
    2008-01-11 10:42:15

  • Unfair rates for water supply (Daily News)

    I fully agreed with the views expressed by the writer Dr. Leo A. Fernando on the above subject in the Daily News of 4th instant. Calculating the rates by NWS&DB for over 20 unites is very unfair. In this regard, I wrote a letter to the NWS&DB Galle Office on May 15, 2007.
    2008-01-11 10:43:52

  • Dividend Funds: Time for Comeback? (WallStreet Journal via Yahoo! Finance)

    Low rates on Treasury bills, savings accounts and certificates of deposit could bring dividend-growth and equity-income mutual funds back into vogue.
    2008-01-11 07:59:58

  • Korea: Govt To Set Up Inflation Task Force (Sin Chew Jit Poh)

    SEOUL, KOREA: The government plans to set up a task force to monitor gains in consumer prices, which economists fear could hurt growth in the new year, top policymakers said Friday (11 Jan).
    2008-01-11 08:53:26

  • Bovis is latest housebuilder to report slowdown

    The Independent - ... executive, Malcolm Harris, blamed the credit crunch, noting its affect on mortgage ... Basically the current position regarding the availability of credit is keeping the ... You must remember that the UK has some of the highest interest rates in the world ...
    2008-01-11 04:28:00

  • Many new mortgages dubbed subprime

    Financial Times - The Intermediary Mortgages Lenders Association – mortgage brokers that sell almost ... We think current funding tensions and the untested performance of the buy-to-let ... However, because interest rates are now much lower, higher loan-to-income ratios ...
    2008-01-11 05:18:00

  • Bank of America to buy Countrywide for $4.1 billion in stock

    San Diego Union-Tribune - The prize for Lewis' gamble, however, is a “state of the art” mortgage ... While Countrywide might not have been able to survive the current crisis, that's ... advise analysts last month that while he didn't expect higher charge-off rates in ...
    2008-01-11 03:45:00

  • Interest rate decision takes its toll on FTSE

    Guardian Unlimited - The Bank of England's decision to keep interest rates on hold on Thursday was not ... Elsewhere, Paragon , the mortgage lender, was down following news that it plans to ... 5p after it announced that it expected to post pre-tax profit in excess of current ...
    2008-01-11 03:02:00

  • Stock rout, rate-cut bets lift bonds - Guardian Unlimited

    Stock rout, rate-cut bets lift bondsGuardian Unlimited, UK - 6 hours agoIts yield, which serves as benchmarks for US bonds and most mortgage interest rates, ended lower than the 3.89 percent seen late Thursday and 3.88 percent a ...
    2008-01-11 01:39:45

  • Clinton lays out economic stimulus plan - CNN Political Ticker

    Clinton lays out economic stimulus planCNN Political Ticker - 4 hours agoWith Nevada’s foreclosure rates among the highest in the nation, Clinton hopes her economic focus will play well among the state’s working and middle class. ...
    2008-01-11 03:32:46

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