Mortgage and Financial News From 2008-5-5 Page 5

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• Police Say Drive-By Not Random (FOX 6 News Milwaukee)

  A 16-year-old Slinger High School remains in critical condition, after a drive-by shooting in Washington County. So far there are no arrests. FOX 6's Bob Moore brings you this story from Washington County.
  2008-05-05 04:34:38

• Inflation and higher interest rates returning to Canada: CIBC report (MSN Money Canada)

  OTTAWA - Canada's holiday from inflation is nearing an end and the Bank of Canada will be compelled to start pushing interest rates higher, the Canadian Imperial Bank of Commerce says.
  2008-05-05 04:34:39

• Greenspan paints grim picture of US economy (The Economic Times)

  Federal Reserve former chairman Alan Greenspan said the US has slipped into an “awfully pale recession” and may continue to languish for the rest of the year.
  2008-05-05 04:35:12

• Milwaukee's University School Students Win State Fed Challenge (FOX 6 News Milwaukee)

  Officials are proposing a ban on charging interest on old debts, banning retro-active rate increases and changing how late payments are charged. Some students at Milwaukee's University School will be tackling those issues in a big contest. FOX 6's Education Reporter Joanne Williams has the story.
  2008-05-05 04:35:17

• St. George Bank Posts First Profit Drop in Six Years (Update1) (Bloomberg.com)

  May 6 (Bloomberg) -- St. George Bank Ltd. , Australia's fifth-largest, posted its first decline in profit in six years on higher bad debts, funding costs and a tax charge.
  2008-05-05 04:35:46

• Where to Find a Secured Property Loan - Onlypunjab.com

  Buying real estate can be a rewarding experience unfortunately, it can also be a very expensive one as well. While it is possible to purchase real estate outright without having to borrow any of the money for it, for most people it isn't really ...
  2008-05-03 05:58:00

• International Forecaster May 2008 (#1) - Gold, Silver, Economy + More (GoldSeek.com)

  The following are some snippets from the most recent issue of the International Forecaster. For the full 26 page issue, please see subscription information below.
  2008-05-04 08:05:54

• Opportunistic Credit Investing (Investopedia)

  Fixed-income markets are an extremely dynamic and fascinating aspect of our investment universe, not to mention one of the more predictable ways to tactically profit from long-term market trends.
  2008-05-05 01:11:44

• Nick Robinson: Who gets last laugh now Boris is mayor? (BBC News)

  Boris - Mayor of London? What a joke, it was said. I confess that that is what I thought when first told that he was thinking of running. So much so that when I broke the story I didn't take it seriously enough to argue that it should appear on the main news bulletins.
  2008-05-05 03:56:35

• Stock index awaits inflation figures (Philippine Daily Inquirer)

  To do what, and with which, and to whom. I always get poetic this time of year. It must be my raging hormones. Iron Man has been badly affected by the fall in metal prices. Obama’s terrible secret is out. Although he denounced his pastor, he still drinks pastorized milk.
  2008-05-05 12:23:42

• Harrington West Announces Financial Results for the March 2008 Quarter and Declares a Regular Quarterly Dividend of 7 ... (Business Wire via Yahoo! Finance)

  SOLVANG, Calif.----Harrington West Financial Group, Inc. , the holding company for Los Padres Bank, FSB and its division, Harrington Bank, today announced a $3.2 million loss or 58 cents per diluted share for the first quarter of 2008.
  2008-05-05 01:15:00

• Could the European Central Bank Actually Raise Interest Rates? - DailyFx

  It has been a very eventful week in Euroland, with a number of ECB speeches and news that the current strong headwinds are increasingly being felt in the economy.
  2008-05-05 08:45:00

• DivX, Inc. Reports First Quarter 2008 Financial Results - Forbes

  The Company reported revenue for the first quarter of $25.0 million, an increase of 24% compared to revenue of $20.2 million reported in the first quarter of last year. "We continue to deliver profitable results while building what we believe is a ...
  2008-05-05 01:10:00

• Canada's Dollar Gains Most in Two Weeks as Commodities Advance - Bloomberg

  May 5 (Bloomberg) -- The Canadian dollar rose the most in two weeks after crude oil surged to a record, bolstering prospects for the nation's exports. Canada's dollar climbed from close to a three-week low and strengthened against 12 of the 16 most ...
  2008-05-05 12:55:00

• CORRECTING and REPLACING Proliance International Names Michael Barbee ... - MSN MoneyCentral

  Proliance International, Inc. PLI , a leading global manufacturer and distributor of aftermarket heat exchange and temperature control products for automotive and heavy-duty applications, today announced the appointment of Michael Barbee as Vice ...
  2008-05-05 12:41:00

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