Mortgage and Financial News From 2008-6-4 Page 12
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Terremark Launches the Enterprise Cloud (Business Wire via Yahoo! Finance)
MIAMI----Terremark Worldwide, Inc. , a leading provider of managed IT infrastructure services, today brings cloud computing to the enterprise with a revolutionary new managed platform for mission-critical applications and infrastructure.
2008-06-04 05:00:00 -
UPDATE 1-RESEARCH ALERT-Credit Suisse slashes B&B target price - Reuters
June 4 (Reuters) - Credit Suisse slashed its price target for Bradford & Bingley (BB.L: Quote , Profile , Research ) by more than half, and said it was surprised by TPG Capital's move to invest in the British bank, the reduction in the rights price ...
2008-06-04 03:30:00 -
GDP data shows Australian economy growing at robust pace - News.com.au
AUSTRALIA'S economy has surprised analysts, growing 3.6 per cent in the year to March 31, with households adding to the expansion despite higher interest rates. Gross domestic product rose by a seasonally adjusted 0.6 per cent in the March quarter ...
2008-06-04 12:17:00 -
Confidence hits construction as more struggle with their debts - Guardian Unlimited
The average mortgage rate has increased by 12% since last year. Photo: Sarah Lee The credit crunch is weakening consumer confidence and leaving more than a quarter of young working households unable to get on the property ladder. The property ...
2008-06-04 03:23:00 -
Pressured homeowners seek mortgage holiday - Times Online
Increasing numbers of homeowners are taking a holiday from mortgage payments as the pressure on their finances intensifies. Several major lenders have reported a rise in borrowers taking or planning to take a mortgage holiday, which allows them to ...
2008-06-04 02:11:00 -
Old industrial economies face triple trouble: OECD (The Globe and Mail)
PARIS — U.S. economic growth will slow to a crawl this year, inflicting collateral damage on Europe and Japan, but the likes of China will escape the worst, the OECD said on Wednesday.
2008-06-04 03:38:32 -
OECD slashes world growth forecast (RTÉ News)
The OECD slashed its growth forecast for the world's industrialised powers today, warning of several lacklustre quarters ahead despite signs that financial market upheavals may have 'passed their peak'.
2008-06-04 03:52:10 -
(AFX UK Focus) 2008-06-04 11:26 Ahead of the Bell: Mortgage Applications (Interactive Investor)
WASHINGTON (AP) - Industry data to be released Wednesday will show whether home loan applications fell for the third straight week as a bump in interest rates deterred borrowers.
2008-06-04 03:53:55 -
Harry Winston Diamond Corporation Announces First Quarter Fiscal 2009 Results (PR Newswire via Yahoo! Finance)
Harry Winston Diamond Corporation today reported first quarter results for the period ending April 30, 2008. The Company recorded an increase in consolidated sales for the quarter of 10%, generating an 18% increase in gross margin and a 10% increase in consolidated earnings from operations compared to the results of the first quarter of the prior year.
2008-06-04 04:00:00 -
ResCap Announces Extension of Expiration Date (PR Newswire via Yahoo! Finance)
Residential Capital, LLC today announced that, in connection with its pending private exchange offers and cash tender offers for any and all of the U.S. dollar equivalent $14.0 billion in aggregate principal amount of its outstanding notes, it has extended the expiration date from 11:59 p.m., New York City time, on Tuesday, June 3, 2008, to 9:00 a.m., New York City time, on Wednesday, June 4, ...
2008-06-04 04:00:00 -
OECD slashes growth forecast, warns of slowdown (TODAYonline)
European Central Bank President Jean-Claude Trichet answers questions after addressing a keynote speech about the "Reflections on the financial markets correction" at the OECD Forum 2008 in Paris.
2008-06-04 04:00:34 -
Currencies: Dollar mostly lower after Bernanke-inspired rally (Market Watch)
The dollar sustains slight losses, a day after Federal Reserve Chairman Ben Bernanke sparked an across-the board rally by signaling discomfort over the weakness of the U.S. currency.
2008-06-04 04:00:40 -
US futures point to lower Wall St on rate worries (Khaleej Times)
LONDON - US stock futures fell on Wednesday, indicating a lower start on Wall Street as the prospect for equities-supportive rate cuts dimmed and the outlook for financial stocks became increasingly murky.
2008-06-04 04:01:54 -
Grab a mortgage deal – before it goes sour - EDP 24
Your daily pinta is likely to last longer than the average mortgage deal at the moment. Photo: Bill Smith. If you see a mortgage deal that interests you, snap it up now or you run the risk of losing it forever. Research out this week suggests that ...
2008-05-30 05:55:00 -
Action on corporate collapses - The Australian
LAWS governing property spruikers, the $2 billion reverse mortgage industry and the kind of debenture products that triggered the multimillion-dollar collapses of Westpoint and Fincorp will be tightened under sweeping reforms to the financial ...
2008-06-03 11:12:00