Mortgage and Financial News From 2008-9-4 Page 16
Previous Day: 2008-09-03
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Business news in brief (The Philadelphia Inquirer)
Cephalon Inc. , Frazer, will end its co-promotion agreement with Takeda Pharmaceutical Co. Ltd. in North America for the sleep-disorder drug Provigil because net sales dropped to less than $850 million this year.
2008-09-04 01:08:36 -
Sporting goods chain shops for bargains (London Free Press)
TORONTO -- Forzani Group Ltd.'s "strong balance sheet" has positioned it to snare some acquisitions and grow its revenues in coming quarters, chief executive Bob Sartor said yesterday after the sporting goods retailer reported a decline in second-quarter sales.
2008-09-04 01:12:50 -
Mergers, acquisitions near 5-year low (London Free Press)
TORONTO -- A lack of available credit dropped the number of corporate takeovers and combinations in Canada to the lowest level in almost five years during the April-June quarter, as difficult markets stifled companies' ability to finance large debt-powered deals.
2008-09-04 01:13:10 -
In Brief (London Free Press)
The London Free Press is the major urban daily newspaper for London, Ontario Canada. Each day, the newspaper publishes complete News, Sports, Business, Opinion, Entertainment and Lifestyle stories as well as complete classifieds.
2008-09-04 01:14:58 -
Hovnanian Inc. posts eighth straight loss (Asbury Park Press)
Hovnanian Enterprises Inc., New Jersey's biggest homebuilder, reported its eighth consecutive quarterly loss after nine years of gains as buyers found it more difficult to secure financing.
2008-09-04 01:34:39 -
Rights groups faults Wachovia's mortgage aid - San Francisco Gate
Wednesday, September 3, 2008 ACORN, an advocacy organization representing low-income communities, staged a rally at a Wachovia branch at Mission and First streets in San Francisco on Wednesday, with about 30 people calling on the bank to be more ...
2008-09-02 05:57:00 -
Home buyers weigh up aid measures - BBC News
It is suspending stamp duty for properties worth up to £175,000 - £50,000 more than the current threshold. The suspension will come into force on Wednesday, for a year. Also included is a shared equity scheme, and interest-free loans towards part ...
2008-09-02 03:23:00 -
Mortgage rate retreats to pre-crunch low - Times Online
The price of an average two-year fixed-rate mortgage has fallen to its lowest level since the credit crunch accelerated last year, suggesting conditions in some areas of the market may be easing. The average interest rate on a two-year fixed-rate ...
2008-09-03 07:54:00 -
Going Rural In An Urban Country (BellaOnline)
While the majority of Canadians prefer to live in our urban centres, there is a growing movement of families finding contentment in the small town.
2008-09-03 10:12:40 -
Business Briefs (The Oklahoman)
NATION Macy's singles out Hilfiger sports wearCINCINNATI — Macy's stores across the country are renovating their Tommy Hilfiger shops and expanding how much of the designer's sportswear they carry. But fans of the brand soon won't be seeing those items at other stores. Tommy Hilfiger U.S.A. will have an exclusive alliance with Macy's that leaves it as the only U.S. operator offering the ...
2008-09-03 10:29:21 -
Boston Fed chief warns of slow growth ahead (Concord Monitor)
The head of the Federal Reserve Bank for New England told a business audience in Manchester to expect slow growth for the rest of the year.
2008-09-03 10:30:50 -
Scarcity of student loans fuels concerns (Portland Tribune)
It was daunting enough that Lyssa Story faced $45,000 in college debt after enrolling at the Western Culinary Institute in January. Then this summer, three lenders rejected her loan requests for some of that money, after her credit rating slipped due to unexpected medical bills. “It almost ...
2008-09-04 12:07:47 -
Thrifty & nifty: Strapped shoppers turn to used furniture (Macon Telegraph)
As she priced new bunk beds for her three children, Angela Phillips of Westland, Mich., realized something: The beds cost a whole lot more than she wanted to pay.
2008-09-04 12:16:57 -
Another Voice (Arizona Daily Star)
The following editorial appeared in the Chicago Tribune on Tuesday:
2008-09-04 12:23:19