Mortgage and Financial News From 2008-7-28 Page 13

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  • SKorean shares end flat ahead of data; technology stocks fall - UPDATE - CNBC

    SEOUL (Thomson Financial) - South Korean shares ended flat on Monday as investors exercised caution ahead of a series of data to be released at home and in the United States, with big technology names such as Samsung Electronics extending their falls ...
    2008-07-28 12:10:00
  • Week ahead in business at a glance - Los Angeles Times

    Treasury bill auction. Quarterly earnings reports due from Amgen, Kraft Foods, Tyson Foods, Verizon Communications and Wm. Wrigley Jr. Conference Board releases the consumer confidence index for July. Standard &Poors/Case Shiller home price index for ...
    2008-07-27 11:56:00
  • German Consumer Confidence Declines to Five-Year Low (Update2) - Bloomberg

    July 28 (Bloomberg) -- Consumer confidence in Germany, Europe's biggest economy, dropped to the lowest in more than five years as soaring energy prices sapped purchasing power and the economic outlook deteriorated. GfK AG's index for August, based on ...
    2008-07-28 12:53:00
  • Dollar suffers fourth slide in row - News.com.au

    THE dollar ended weaker for the fourth successive trading day after a major bank flagged a sharp fall in earnings because of bad debt. At 5pm (AEST), the dollar was trading at 95.56 US cents, down from Friday's close of 95.82 cents. The domestic ...
    2008-07-28 01:00:00
  • BBVA Quarterly Net Falls 19% as Spanish Defaults Rise (Update2) - Bloomberg

    July 28 (Bloomberg) -- Banco Bilbao Vizcaya Argentaria SA , Spain's second-biggest bank, said quarterly profit declined a more-than-estimated 19 percent as loan defaults surged and it set aside money for early retirements. Net income dropped to 1.16 ...
    2008-07-28 01:07:00
  • UPDATE 1-Spanish house sales dive 34 pct in May - Reuters

    MADRID, July 28 (Reuters) - Spanish house sales plunged 34 percent year-on-year in May as households baulked at 8-year-high mortgage borrowing rates and waited for prices to fall after the collapse of a decade-long property boom. The rate of decline ...
    2008-07-28 12:39:00
  • Peninsula holding back on foreclosure actions (The Sarasota Herald-Tribune)

    When it comes to non-performing loans, Englewood-based Peninsula Bank is one of the three most troubled community banks in the region.
    2008-07-27 11:34:47
  • yourCalendar (The Times of Northwest Indiana)

    Find out all the events going on in your community, and plan your week's activities with The Times.
    2008-07-28 12:15:22
  • Shared space (Prince George Citizen Online)

    Louis Paquette thanks God and all the volunteers, including his wife, Eileen Caldwell, who helped construct his new home at the corner of Porter and Norwood.The duplex is a result of the Habitat for Humanity housing program that literally gives a new life to families in need. Paquette's side of the duplex contains a ramp, a blessing for the ordained minister who is confined to a ...
    2008-07-28 12:34:16
  • Australia tries to reassure as banks hit by bad debt jitters (TODAYonline)

    A man walks in front of a branch of ANZ in Sydney. The Australian government insisted Monday that the country's banks were sound, moving to reassure investors after more news of major losses sent bank stocks plunging.
    2008-07-28 12:35:28
  • St George has no exposure to CDOs (The West Australian)

    St George Bank says its credit quality is "excellent" and the firm has no exposure to collateralised debt obligations (CDOs) or US conduits.
    2008-07-28 01:01:48
  • Take this financial quiz -- and no cheating - Detroit Free Press

    If you've done any of the above but answered no, then you aren't being honest about what you need to do to build a financially secure life. No one needs a new car every three years. But you're throwing away thousands of dollars on a depreciating ...
    2008-07-28 12:03:00
  • Mortgage not best idea for retirees - Houston Chronicle

    Q: My parents are looking for a house in the Dallas-Fort Worth area. They are retired. They are trying to decide if they should pay cash for the house. They have close to $620,000 in savings (CDs, 401(k)s, IRA) and are looking for a $200,000 house ...
    2008-07-24 05:54:00
  • Spooked investors flee ANZ - News.com.au

    ANZ's earnings per share could fall 20-25pc The bank has upped its credit provisions by $1.2bn ANZ : Check the latest share price INVESTORS have hammered ANZ (anz.ASX: Quote , News ) after it flagged $1.2 billion in bad debt provisions for the 2008 ...
    2008-07-27 10:37:00
  • Many don't know help is available (El Paso Times)

    EL PASO -- The only time many El Pasoans learn about some of the services provided by the county and city is when they are hunting for solutions to problems.
    2008-07-27 11:19:51