Mortgage and Financial News From 2008-4-22 Page 2
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Canada Cuts Rate by 50 Basis Points as Economy Slows (Update6) (Bloomberg.com)
April 22 (Bloomberg) -- The Bank of Canada lowered its benchmark rate by half a point to revive an economy that's growing at its slowest pace in 16 years, and signaled more easing may be needed.
2008-04-22 01:47:33 -
Supply side shows (Express India)
RBI had indicated that liquidity management would emerge as the overriding priority for monetary management, and the CRR hike is in line with this
2008-04-22 02:13:11 -
Alliance Financial Announces First Quarter Earnings (PR Newswire via Yahoo! Finance)
Alliance Financial Corporation , the holding company for Alliance Bank, N.A., announced today that its net income for the first quarter of 2008 was $2.1 million, a decrease of 11.8% compared with $2.4 million in the year-ago quarter.
2008-04-22 03:00:00 -
Cambodian Kids Get No Free Breakfast as Rising Prices Cut Aid (Bloomberg.com)
April 23 (Bloomberg) -- Thirteen-year-old Pin Oudam gets a free breakfast of rice, fish and yellow split peas every morning at his school in Kampong Speu, Cambodia's poorest province. Next week he won't.
2008-04-22 06:06:06 -
Advertisement starts (Tiscali)
speaks very poorly to Merrill’s risk management practices." The news, combined with disappointing earnings by Amazon.com , weighed on Wall Street as investors turned away from shares to the safety of government bonds.
2008-04-22 06:20:00 -
BOJ May Drop Call for Higher Rates as Growth Slows (Correct) (Bloomberg.com)
(Corrects economists' core-price estimate in 7th paragraph.) April 23 (Bloomberg) -- The Bank of Japan may next week discard language calling for higher interest rates as the world's second-biggest economy cools.
2008-04-22 07:20:46 -
Offices: Rent incentives increase in an effort to fill the empty space (Orange County Register)
Vacancy rate tops 13 percent for the first quarter, Voit reports. Voit Commercial Brokerage says economic uncertainty hit the Orange County office market in the first quarter, with vacancies rising into double-digit territory while lease rates and construction declined.
2008-04-22 08:46:02 -
iEmergent Introduces Mortgage Market Forecasts and Analytic Tools for Mortgage Lenders (Centre Daily Times)
iEmergent, a Des Moines, Iowa-based market research, forecasting and advisory services firm for the financial services, mortgage and real estate industries, introduced its suite of Market Manager reports that enable lenders to better understand their primary markets, improve efficiency and increase market share.
2008-04-22 06:47:02 -
Homeowners could get government-backed loans (The World)
WASHINGTON — Homeowners staggering under mounting mortgage debt and facing foreclosure could get cheaper, government-backed loans under Democrats’ housing rescue plan.
2008-04-22 12:04:19 -
The South Financial Group Reports First Quarter Earnings (Centre Daily Times)
The South Financial Group, Inc. (NASDAQ: TSFG) today announced first quarter 2008 results. These results reflect the following items:
2008-04-22 02:32:08 -
Assured Guaranty Ltd. Announces Reclassification in Conformance with New Industry Accounting Presentation for Credit ... (wallstreet:online AG)
Assured Guaranty Ltd. (NYSE:AGO)("Assured" or the "Company") today announced that
2008-04-22 02:49:56 -
Will Barclays and HBOS have to tap up investors next? (Guardian Unlimited)
Banks expected to tell the City within days whether they need to bolster their financial position
2008-04-22 04:31:01 -
San Francisco (The San Francisco Examiner)
WASHINGTON ( Map , News ) - In a significant reversal, major meat and dairy industry groups on Tuesday backed a total ban on so-called downer cattle from entering the food supply.
2008-04-22 05:10:44 -
Triple-A Failure (NYTimes.com via Yahoo! Finance)
How Moody’s and other credit-rating agencies licensed the abuses that created the housing bubble — and bust.
2008-04-22 09:39:05 -
Stocks Fall as Investors Analyze Earnings Reports (NYTimes.com via Yahoo! Finance)
Wall Street lost ground in early trading as investors combed companies’ quarterly statements for insights into the health of the economy.
2008-04-22 09:39:06