Mortgage and Financial News From 2007-10-19 Page 17

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  • China Communists party as economy booms

    Raleigh News & Observer - ... investors seeking higher returns than the paltry interest paid on bank savings. "The only growth story now is China and the rest of the developing world," says Khiem Do, fund manager of the Asia Pacific Fund Inc. "Given the nominal interest rates ...
    2007-10-18 03:48:00

  • Citizens Republic Bancorp Announces Third Quarter 2007 Results

    PR Newswire - FLINT, Mich., Oct. 18 /PRNewswire-FirstCall/ -- Citizens Republic Bancorp (Nasdaq: CRBC ) announced today net income of $31.8 million for the three months ended September 30, 2007, which includes restructuring and merger- related expenses associated ...
    2007-10-18 09:10:00

  • Stocks End Mostly Lower

    MSN MoneyCentral - ... the jump in initial jobless claims, the market is now anticipating the Fed will be inclined toward further easing of interest rates ... The maker of CD and DVD production and duplication equipment also set a plan to buy back 500,000 of its outstanding ...
    2007-10-19 08:02:00

  • Dollar plunges to fresh euro low

    BBC Business - The data boosted expectations that US interest rates could be cut further before the end of the year. The euro hit a high of $1.4305 on Thursday, before settling at 1.4293 in late US trade. It broke the previous record, set on 1 October, when one ...
    2007-10-17 05:58:00

  • Japanese govt bonds close higher on renewed credit concerns, weak ...

    FXStreet.com - The upside of prices for longer tenors appeared to be limited, however, given market speculation that the Bank of Japan may try to raise interest rates this year or early next year. "Japanese institutional investors will stay clear of bonds at the ...
    2007-10-18 11:55:00

  • Dollar falls on Fed outlook and risk aversion

    Economic Times - TOKYO: The dollar hit a record low versus a basket of major currencies on Friday after soft US data and weak earnings from the No 2 US bank bolstered expectations for the Federal Reserve to cut interest rates. The dollar also slumped to a three-week ...
    2007-10-19 12:59:00

  • Euro hits record high above $1.43

    DAWN Group - Reflecting growing anxiety about the gains in the euro, which are being driven by speculation the US Federal Reserve will cut interest rates again, business leaders on both sides of the Atlantic expressed alarm. The head of the European employers ...
    2007-10-19 03:01:00

  • Finally, good news for textbook prices (BG News)

    This semester is nearing completion. Soon enough, students will notice those annoying signs around campus urging them to sell their books back to the UT Student Bookstore for extra money. These recurring signs offend any students who have previously taken the advertised advice, finding out that their books, no matter the condition, were worth anywhere from a mere fifth to a tenth of their ...
    2007-10-18 10:32:47

  • INDICATORS - Lebanon - Updated Oct 18 (Reuters via Yahoo! Singapore News)

    BEIRUT, Oct 18 - Below is a table of the latest Lebanese economic statistics.
    2007-10-18 02:38:07

  • 10-19-07 EUR ALL ON ONE PAGE (Eurweb)

    MIJAC PLANNING 'THRILLER' 25TH ANNIVERSARY REISSUE: Extras to include remixes by Kanye, Akon, and will.i.am. *For months, Akon and will.i.am have been talking about working on new music with Michael Jackson for an upcoming album. Kanye West's name was just added to the mix last week.
    2007-10-19 12:04:55

  • Here's where to stash three months worth of living expenses for that 'rainy day' (Boston Globe)

    Krista Swetz and her husband are just a few months away from reaching a money milestone.
    2007-10-19 02:43:13

  • Clarkston Financial Corporation Reports Q3 & 9-Month Results (PR Newswire via Yahoo! Finance)

    Clarkston Financial Corporation , the holding company for Clarkston State Bank and Huron Valley State Bank, says its results for the third quarter and nine months ended September 30, 2007 were adversely affected by increased provisions for possible loan losses and lower net interest income.
    2007-10-19 07:15:00

  • Asia can cope with market turmoil: IMF

    West Online - ... regional neighbours should be able to cope with any lingering fallout from the US subprime mortgage ... risk to economic growth, and particularly if China and India are unsuccessful in containing current huge investment through higher interest rates.
    2007-10-19 06:00:00

  • Japan's Stocks Drop on `Uncertain' U.S. Outlook, Stronger Yen

    Bloomberg - ... of Japan Governor Toshihiko Fukui said problems stemming from U.S. subprime mortgage ... boosted speculation Japan's central bank will refrain from raising interest rates ... Dan Co., an electric systems company, lowered its profit forecast for the current ...
    2007-10-18 10:15:00

  • Taxpayers Lose if Super Bowl Exported

    AOL - An overseas Super Bowl, especially at current exchange rates, would close the door completely. A weekend in a two-star British hotel costs more than the average mortgage payment in Wisconsin. A single trip on the Tube costs $8.16, or four times a ...
    2007-10-19 07:26:00

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