Mortgage and Financial News From 2008-7-22 Page 8
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Stocks to Open Lower on Earnings News - BusinessWeek
Major U.S. stock indexes were expected to open lower on Tuesday on the back of a raft of negative earnings reports, led by Wachovia Corp. ( WB ), which posted a staggering second-quarter loss and announced it was cutting its dividend and 6,350 jobs ...
2008-07-22 06:51:00 -
Capital City Energy Group Acquires Interest in Prolific Fayetteville ... - MSN MoneyCentral
Capital City Energy Group, Inc. CETG announced today that it has acquired an interest in the prolific Fayetteville Shale located in Van Buren and Cleburne Counties in Arkansas. The Company is participating in drilling activity on more than 30,000 ...
2008-07-22 06:58:00 -
Inflation may require higher rates -Fed's Plosser - Guardian Unlimited
KING OF PRUSSIA, Penn., July 22 (Reuters)- Rising inflation could force the Federal Reserve to start raising interest rates even before labor and financial markets recover, one of the Fed's staunchest inflation hawks said on Tuesday. Philadelphia Fed ...
2008-07-22 08:38:00 -
Sterling slips vs dlr, erases gains on Fed comments - Reuters UK
LONDON, July 22 (Reuters) - Sterling slipped against the dollar on Tuesday, giving up gains after comments from a Federal Reserve official that interest rate rises may be needed before labour and financial markets recover boosted the U.S. currency ...
2008-07-22 07:34:00 -
Czech Central Bank May Cut Rates on Koruna, Tuma Says (Update3) - Bloomberg
July 22 (Bloomberg) -- The Czech central bank may cut interest rates as soon as next month because the koruna's record strength threatens to ``damage'' the economy, central bank Governor Zdenek Tuma said. The koruna, the world's best-performing ...
2008-07-22 07:48:00 -
'The struggle is far from over' (Pretoria News)
Is the revolution over or is it just beginning? Surely nobody is better placed to answer this than the arch-revolutionary himself, Zwelinzima Vavi, the Cosatu general secretary.
2008-07-22 09:32:10 -
Profit shrinks at Capital Bank (Triangle Business Journal)
A provision for loan losses led to falling profits at Capital Bank in the second quarter, the lender said Tuesday.
2008-07-22 09:41:15 -
Survey Sez: Enterprises Diss Net Performance Kits (CommunicationsDirect)
Fewer than half of the large enterprises in the United States and Europe rate the software used to maintain the high performance of applications on their corporate networks as "good." According to research house Ovum, which surveyed 150 large enterprises, none of the highest satisfaction rates it found for network...
2008-07-22 09:45:53 -
Dependent on Foreign Oil? You Bet! (Fort Worth Star-Telegram)
From Nixon to now, every sitting President has promised to make sure that we wouldn’t have a future energy problem … like we do now.
2008-07-22 09:47:03 -
Amex Outlines Bleak Credit Future (Minyanville via Yahoo! Finance)
Bad loans, strapped consumers take toll.
2008-07-22 09:50:00 -
The brave love bonds (Canadian Business)
Fortunately, dark moments always have a bright side. The silver lining this time is that the recent sell-off in the bond market has resulted in some interesting opportunities for income-seeking investors.
2008-07-22 09:52:02 -
Copper's Bull Market "Relies On Disruptions" (Resource Investor)
Copper's price could fall significantly from its current levels according to GFMS Metals.
2008-07-22 09:54:19 -
Perspectives on the Global Economic Landscape and the Role of the Dollar (IMF)
The global economic and financial landscape is rapidly evolving. Just a year ago, the global economy was in the fifth year of an exceptionally broad-based expansion, led by strong growth in emerging economies and accompanied by low inflation, well-anchored expectations and low interest rates.
2008-07-22 10:15:18 -
Paulson Calls For Confidence - Forbes
Hank Paulson wants to improve the U.S. financial system's PR. In an address at the New York Public Library, Treasury Secretary Paulson said that ending the crisis of confidence for investors around the world is an urgent priority and that ...
2008-07-22 08:38:00 -
Paulson to Congress: Pass rescue plan - CNN Money
NEW YORK (CNNMoney.com) -- Treasury Secretary Henry Paulson urged Congress Tuesday to approve the Bush administration's plan to back up mortgage financiers Fannie Mae and Freddie Mac. Speaking in New York the day before the House is expected to take ...
2008-07-22 08:38:00