Mortgage and Financial News From 2008-5-5 Page 6
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Mercer International Inc. Reports Improved 2008 First Quarter Results ... - Forbes
NEW YORK, May 5 /PRNewswire-FirstCall/ -- Mercer International Inc. (Nasdaq: MERC, TSX: MRI.U) today reported improved 2008 first quarter results. Revenues and Operating EBITDA in the first quarter of 2008 increased to euro 179.1 million (U.S.$268.8 ...
2008-05-05 02:07:00 -
Fitch Rates ConocoPhillips' $1.5B Unsecured Notes 'A' - CNBC
CHICAGO, May 05, 2008 (BUSINESS WIRE) -- Fitch Ratings has assigned an 'A' to ConocoPhillips Corporation's (COP) proposed issuance of up to $1.5 billion in senior unsecured five-, 10-, and 30-year notes. Net proceeds from the offering will be used to ...
2008-05-05 12:55:00 -
ResCap facing liquidity crunch, trying to raise new cash - BusinessWeek
Residential Capital LLC, the real estate lending unit of GMAC LLC, said Monday it is taking steps -- including redeeming outstanding debt at less than face value, tapping new credit lines and selling assets -- to alleviate a near-term liquidity ...
2008-05-05 12:48:00 -
Dismay as Halifax cuts current account interest - Times Online
HALIFAX has slashed the rates on some popular high-interest current accounts by more than a percentage point while increasing overdraft rates, writes Elizabeth Colman. The decision to raise overdraft rates comes despite the fact that the Bank of ...
2008-05-03 12:58:00 -
Post Properties Announces First Quarter 2008 Earnings (Business Wire via Yahoo! Finance)
ATLANTA----Post Properties, Inc. announced today net income available to common shareholders of $0.8 million for the first quarter of 2008, compared to $22.6 million for the first quarter of 2007.
2008-05-05 02:00:00 -
United Surgical Partners International Announces First Quarter 2008 Results (Business Wire via Yahoo! Finance)
DALLAS----United Surgical Partners International, Inc. :
2008-05-05 02:00:00 -
The Canadian Press Business News Budget, Monday, May 5, 2008@ (INO News)
BUSINESS EDITORS:@ Here are The Canadian Press Business budget lines as of 6 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or to Dave Paddon on the business desk at 416-507-2138 or Craig Wong at 613-231-8631.
2008-05-05 02:02:50 -
Tech firms face new fear: currency fluctuations (Electronic Engineering Times Asia)
The fluctuating currency market is affecting more than fiscal results of top tech companies; it is also skewing competitiveness and preoccupying corporate boards as top management confronts one more issue over which it has limited control.
2008-05-05 02:03:13 -
Tredegar Reports First-Quarter Results (PR Newswire via Yahoo! Finance)
Tredegar Corporation reported first-quarter net income from continuing operations of $3.8 million compared to $11.1 million in the first quarter of 2007.
2008-05-05 02:05:00 -
Larry Beinhart: Bush, Bushit, Boom, and Bust (HuffingtonPost)
Did you know there is an official arbiter of when recessions begin? The reality for ordinary people is that the economy has actually been in recession since 2001.
2008-05-05 02:06:13 -
Asia calls for funding to fight food shock (Philippine Daily Inquirer)
MADRID—Over a billion Asians may sink back into extreme poverty without extra aid to counter soaring food prices, the region's development bank warned on Monday as a battle brewed over who would fund its spending.
2008-05-05 02:14:01 -
The Nineties nightmare (Express India)
Just as it had in the middle of the last decade, is policy again nudging India into recession?
2008-05-05 02:20:57 -
UK-World Summary (Reuters via Yahoo! Singapore News)
Cyclone kills at least 10,000 in Myanmar
2008-05-05 01:00:48 -
Banks tightening mortgage standards (CNN Money)
Fed: Standards on consumer and business loans near historic highs in response to the credit crisis.
2008-05-05 01:01:39 -
Independent Bank Corp. Reports 1st Quarter 2008 Earnings (PrimeNewswire via Yahoo! Finance)
ROCKLAND, Mass., May 5, 2008 -- Independent Bank Corp., , parent of Rockland Trust Company, today announced net income of $6.3 million and diluted earnings per share of $0.44 for the quarter ending March 31, 2008.
2008-05-05 01:02:48