Mortgage and Financial News From 2008-7-22 Page 01
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LendingTree Names New Lender Sales Team - Forbes
CHARLOTTE, N.C., July 22 /PRNewswire/ -- Today, LendingTree introduces a new national lender sales team that includes industry veterans from companies such as National City Mortgage, Morgan Stanley and Goldman Sachs. The new team is divided into five ...
2008-07-22 04:42:00 -
Banks face earnings falls due to slowing economy - News.com.au
Australian banks so far have avoided the worst of the fallout from the collapse of the US housing market, but Citigroup analysts forecast pain is imminent with NAB and ANZ facing a 12 per cent drop in profit next year. "A vicious cycle of tight ...
2008-07-22 04:09:00 -
Cascade Financial Earns Second Quarter Profits of $3.6 Million, or $0 ... - MSN MoneyCentral
EVERETT, Wash., July 22, 2008 (PRIME NEWSWIRE) -- Cascade Financial Corporation (Nasdaq:CASB), parent company of Cascade Bank, today reported it earned $3.6 million, or $0.30 per diluted share, in the second quarter of 2008, compared to record ...
2008-07-22 01:10:00 -
PRESS DIGEST-Financial Times, Wall St Journal Asia editions - Reuters India
SINGAPORE, July 23 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy ...
2008-07-22 06:54:00 -
Little cheer for Washington Mutual as it posts 2nd-quarter loss of ... - Baltimore Sun
NEW YORK (AP) _ Washington Mutual, the Seattle-based bank known for its buoyant advertising slogan, "Whoo hoo!," had little to cheer about as it reported a staggering $3 billion loss — the biggest quarterly loss in its history. The nation's largest ...
2008-07-22 10:28:00 -
Asian Stocks Rise Most in 3 Months as Credit, Oil Concerns Ease - Bloomberg
July 23 (Bloomberg) -- Asian stocks rose the most in three months after Macquarie Group Ltd. said it made a ``solid'' start to the year, boosting speculation bank earnings will withstand tighter credit markets. Macquarie, Australia's biggest ...
2008-07-22 10:28:00 -
Inflation! 11.91 % - Hindustan Times
Tuesday’s trust vote was not merely about who governs the nation for how long, but also about tackling something much larger: a daily cash flow that’s gone awry ever since the inflation rate climbed to 11.91 per cent, double of what it was less ...
2008-07-22 10:07:00 -
Indian Stocks, Rupee, Bonds Soar After Singh Wins Nuclear Vote - Bloomberg
July 23 (Bloomberg) -- Indian stocks, rupee and bonds soared after Prime Minister Manmohan Singh won a parliamentary vote on the survival of his government, fueling speculation he will revive reforms blocked by former communist allies. India's SGX ...
2008-07-22 09:10:00 -
Indiana's credit rating increased - Chicago Tribune
INDIANAPOLIS - State officials say an improved credit rating will save money by reducing interest rates on public debt. Gov. Mitch Daniels announced Monday that Indiana has for the first time received the highest credit rating from Standard & Poors ...
2008-07-22 09:00:00 -
Nalco Names Flitman Executive Vice President - MSN MoneyCentral
NAPERVILLE, Ill., July 22, 2008 (PRIME NEWSWIRE) -- Nalco Company (NYSE:NLC), the leading global provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications ...
2008-07-22 01:32:00 -
GM, Ford `On the Verge of Bankruptcy,' Altman Says (Update2) - Bloomberg
July 22 (Bloomberg) -- General Motors Corp. and Ford Motor Co. , the two biggest U.S. automakers, have about a 46 percent chance of default within five years, according to Edward Altman , a finance professor at New York University's Stern School of ...
2008-07-22 02:43:00 -
Interest rate dynamics in Turkey - Zaman
For many years interest rate policies as implemented in Turkey have been criticized by many experts. In this critical perspective, the Central Bank of Turkey was naturally put at the center. In my view, however, the bank does not have full control ...
2008-07-22 06:54:00 -
Need to know: Tesco... Amec... GKN - Times Online
Banking reform The Treasury was thrown on the defensive as its Special Resolution Regime plans to overhaul banking regulation to prevent future Northern Rock-style crises came under fire from MPs on the Commons Treasury Committee and also from Mervyn ...
2008-07-22 03:33:00 -
Stocks stage late-day rally - CNN Money
NEW YORK (CNNMoney.com) -- U.S. stocks staged a late-day rally Tuesday, with the Dow closing up 135 points, as falling oil prices overshadowed grim quarterly financial reports. "A pullback in energy prices is going to be a beneficial move for ...
2008-07-22 02:00:00 -
Property sales slump in June - Guardian Unlimited
The number of properties sold in the UK last month slumped, official figures showed today, giving further evidence of the slowdown in the housing market. Figures from HM Revenue & Customs (HMRC) covering properties that changed hands for £40,000 or ...
2008-07-22 10:40:00