Mortgage and Financial News From 2008-5-14 Page 7
Previous Day: 2008-05-13
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Woeful economic news: we can take it, but it won't be much fun (Belfast Telegraph)
Oh dear. The past couple of days have seen the worst clutch of economic news that I can recall since the early 1990s – on prices, on the housing market and in retail sales.
2008-05-14 04:13:23 -
Freddie Mac loses $151M in 1Q, but beats expectations (AP via Yahoo! News)
Mortgage finance company Freddie Mac said Wednesday its first quarter loss widened to $151 million as the U.S. housing market worsened, though the results were not as poor as expected. Its shares rose more than 8 percent.
2008-05-14 07:01:39 -
Spectre of stagflation: stagnant output and high inflation (Belfast Telegraph)
A combination of stagnant output and high inflation not seen for decades is set to haunt policy makers for months if not years to come.
2008-05-14 04:13:32 -
U.K. Stocks Decline on Inflation Concern; BHP Gains on Bid Talk (Bloomberg.com)
May 14 (Bloomberg) -- U.K. stocks fell as concern that inflation will accelerate overshadowed speculation state-owned Aluminum Corp. of China may be seeking a stake in BHP Billiton Ltd.
2008-05-14 04:20:54 -
Britney Spears: Reformed Spendaholic - MSNBC
The Hollywood haters sometimes get it all wrong, like they did with that whole Miley Cyrus- Vanity Fair photo shoot business. They turned what was clearly a public service campaign for regular melanoma screenings into something much, much more ...
2008-05-11 05:56:00 -
Rubio's(R) Restaurants, Inc. Reports First Quarter 2008 Results - MSN MoneyCentral
-- Revenues rose 2.9% to $42.2 million from $41.0 million for the 13-week quarter in 2007. -- Comparable store sales decreased 3.3%. -- Net loss was $(745,000) as compared to net income of $196,000 for the same quarter last year. -- Earnings per ...
2008-05-13 01:07:00 -
Dexia's FSA swings to Q1 net loss; sees credit spreads, Q2 outlook ... - Forbes
BRUSSELS (Thomson Financial) - FSA, the US monoline insurer, swung to a first quarter loss on the back of steeper than anticipated provisions, though the unit's CEO said mark-to-market adjustments are beginning to turn positive again. The 100 percent ...
2008-05-13 11:51:00 -
Polly Toynbee: Despite the baby boomers ageing, we can afford to care (Guardian Unlimited)
Polly Toynbee: This generation is going to be expensive. But a voluntary, late-in-life or after-death payment scheme ticks every box
2008-05-12 04:20:35 -
Productivity's poisoned legacy (Asia Times)
First-quarter labor productivity growth in the United States, published by the Bureau of Labor Statistics last Wednesday, was unexpectedly positive, with non-farm labor productivity rising 2.2% over the previous quarter.
2008-05-13 03:31:54 -
Britney Spears: Reformed Spendaholic (The Motley Fool)
How the pop star turned her public turmoil into a "teaching moment."
2008-05-13 12:26:10 -
Rubio's(R) Restaurants, Inc. Reports First Quarter 2008 Results (PR Newswire via Yahoo! Finance)
Rubio's® Restaurants, Inc. today announced financial results for the 13-week first quarter ended March 30, 2008.
2008-05-13 01:05:00 -
Inflation leaves families £600 a year poorer (Daily Telegraph)
Rising inflation means Britons are becoming steadily poorer, with the average family almost £600 a year worse off as a result of escalating food, petrol and utility bills, figures have shown.
2008-05-13 03:23:33 -
FSA Holdings First Quarter 2008 Results (Centre Daily Times)
Financial Security Assurance Holdings Ltd. (the Company), a member of the Dexia group and the holding company for bond insurer Financial Security Assurance Inc. (FSA), announced a net loss of $421.6 million for the first quarter of 2008 due primarily to after-tax unrealized negative fair-value adjustments of $317.9 million for credit derivatives in the insured portfolio and after-tax loss ...
2008-05-13 10:28:52 -
Home Loan Tips & Tricks (Moneymanager)
Once you've saved up the deposit for a home, don't forget to take into account all the extra fees that come with buying a house - some or all of these: stamp duty, legal costs, disbursements, mortgage insurance, pest inspection report, survey report, builder's report, strata inspection report, loan application fee, valuation fee, registration fee, sundry fees like refinancing or switching fees.
2008-05-13 11:21:54 -
Dead on loo for one-and-a-half years - Hounslow Guardian
The mummified body of an elderly man was found on the toilet in his council flat - up to a year and a half after he died, an inquest has heard. Wandsworth Council's system was called into question as Westminster coroner Dr Paul Knapman asked why no ...
2008-05-14 12:56:00