Mortgage and Financial News From 2008-5-19 Page 5
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Thornburg Mortgage to Announce First Quarter Earnings by June 2, 2008 (Business Wire via Yahoo! Finance)
SANTA FE, N.M.----Thornburg Mortgage, Inc. announced today it intends to file its Form 10-Q and issue an earnings press release with a follow-up conference call to discuss the first quarter results by June 2, 2008.
2008-05-19 01:01:00 -
How certain annuities can help in retirement (Austin American-Statesman)
Q: I wonder if single-premium immediate annuities (SPIAs) are for me. I am 75. My wife is 73. We have no debt, $850,000 in IRAs (mostly in the American Fund family) and $150,000 in a Roth, again with American. We also have $150,000 in CDs and money markets in taxable accounts.
2008-05-19 05:20:24 -
Morgan Keegan Equity Research Analysts Ranked Among Nation's Best - Forbes
Seven Morgan Keegan & Company, Inc. equity research analysts were recently named among the nation's best in two annual surveys published by The Financial Times and The Wall Street Journal. Six Morgan Keegan analysts were among the top-ranked stock ...
2008-05-19 03:23:00 -
Amazon, MasTec, Pacific Ethanol, SanDisk: U.S. Equity Movers - Bloomberg
May 19 (Bloomberg) -- The following companies had unusual price changes in U.S. markets today. Stock symbols are in parentheses after company names, and prices are as of 4 p.m. in New York. Amazon.com Inc. (AMZN US) rose 7.6 percent to $82.29 for the ...
2008-05-19 01:57:00 -
Congress making progress on housing reform - Bush - Forbes
WASHINGTON (Reuters) - President Bush said Monday the U.S. economy was working through "tough times," and credited Congress with making some progress on a new law aimed at helping the troubled housing market. "Laws shouldn't bail out lenders, laws ...
2008-05-19 11:13:00 -
MPs' expenses: A million to be published - Daily Telegraph
Receipts submitted by 14 prominent past and present MPs, including Tony Blair, Gordon Brown and David Cameron, will be released this week after the Commons authorities decided not to challenge a High Court ruling that they be made public. The group ...
2008-05-19 04:49:00 -
Most U.S. Stocks Fall as SanDisk Tumble Erases Technology Rally - Bloomberg
May 19 (Bloomberg) -- Most U.S. stocks fell after SanDisk Corp. said record energy prices hurt sales, spoiling a rally in technology shares. The Standard & Poor's 500 Index advanced to the highest level since January, boosted by oil companies ...
2008-05-19 01:29:00 -
US Economic Downturn Seen as Mild, Brief - Digital Chosunilbo
A Washington-based business group says the U.S. economy remains sluggish, but will likely avoid a major recession. VOA's Michael Bowman reports. The last two U.S. recessions, in the early 1990s and in 2001, saw quarters in which America's economy ...
2008-05-19 04:42:00 -
Freddie issuing $8 billion in new securities - MSN MoneyCentral
WASHINGTON (AP) - Freddie Mac, the second-largest U.S. buyer and guarantor of home loans, said Monday it plans to issue $8 billion in new mortgage-backed securities this week. The government-sponsored company will issue $4 billion in new two-year ...
2008-05-19 10:01:00 -
Franklin Bank Corp. Announces Completion of Audit Committee Investigation (PrimeNewswire via Yahoo! Finance)
HOUSTON, May 19, 2008 -- Franklin Bank Corp. announced that the Audit Committee of its Board of Directors has completed its previously announced independent investigation into certain accounting, disclosure and other issues related to single-family residential mortgages and residential real estate owned that had been brought to the Board's attention in mid-February 2008.
2008-05-19 03:26:03 -
JEANNE JAKLE (The San Francisco Examiner)
LOS ANGELES ( Map , News ) - An actors union locked in contract talks with Hollywood producers dampened expectations of a speedy deal, saying Monday that negotiations may not be quick or easy.
2008-05-19 05:35:51 -
Macquarie H2 profit up, shares fall on outlook (Reuters Finance News, Australia via Yahoo!7 Finance)
SYDNEY, May 20 (Reuters) - Macquarie Group Ltd MQG.AX, Australia's top investment bank, posted a 1.4 percent rise in second-half profit and said it would be challenging, though possible, to repeat its record full-year profit this year.
2008-05-19 05:46:05 -
Phoenix Arizona Home Prices are Falling But Mortgage Interest Rates ... - Best Syndication
(Best Syndication News) There have been about 34,000 homes sales in the Phoenix Arizona area over the past year. In the central Phoenix area there have been 7,542 homes sold, and like most the United States, home prices have been falling. Phoenix ...
2008-05-16 05:57:00 -
C&G pulls its entire mortgage range - Guardian Unlimited
There was more bad news for homebuyers today when one of Britain's biggest mortgage lenders, Cheltenham & Gloucester, pulled its entire home loan range with little notice. It warned borrowers that its new deals would be more expensive. C&G said ...
2008-05-19 11:20:00 -
Residential Market Close to Bottoming Out, Assessor Says (San Diego Business Journal)
Seizing upon a sliver of positive news that April home sales outpaced the previous month, county Assessor Gregory Smith told a gathering of real estate professionals recently that he believed the housing slump was coming to an end, and the market should start recovering by the end of 2008.
2008-05-19 11:59:36