Equity Loan Information - What Are Equity Loans News

What Are Equity Loans News

Citi board to mull alliances, asset sale Saturday, November 22, 2008 @ 6:13AMCitigroup Inc Chief Executive Officer Vikram Pandit told employees he doesn’t plan to break up the company, aiming to reassure workers as the stock resumed a skid that has erased more than half its value in three days.
Woes at Citigroup Began With Failed Bid for Wachovia Saturday, November 22, 2008 @ 6:07AMIn a stunning turnabout, the banking giant has sunk to its knees and is running short on time and options.
Troubled Orlando-area bank is big prize for Hartford in bailout deal Saturday, November 22, 2008 @ 6:01AMThe Hartford, a longtime giant of the insurance industry, is making a run at some serious government-bailout money, and its gateway to billions of dollars runs through a small, troubled savings and loan in Central Florida.
Pressure on Citigroup builds, stocks below $4 Saturday, November 22, 2008 @ 5:40AMNEW YORK - Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses.
Balikatan, NHMFC to earn P94.8B from overpricing Wednesday, November 19, 2008 @ 7:44AMBALIKATAN Housing Finance Inc. (BHFI) and the National Home Mortgage Finance (NHMFC) will earn a mark-up of P94.88 billion as a result of "corporate maneuvering to overprice and defraud the members/borrowers of their rights of legal redemption."
Advantage of corporate bankruptcy is dwindling in U.S. Tuesday, November 18, 2008 @ 7:41PMMore U.S. companies that file for bankruptcy protection are shutting down because they cannot obtain enough financing to operate while they reorganize.
More Economy Pages Saturday, November 15, 2008 @ 9:09AMThe U.S. auto industry is in dire need of a shakeup. All of the Big Three are beset by plummeting sales and market share, high labor costs, aging fleets, and a surfeit of innovative automobiles in the pipeline.
Treasury Two-Year Yields Touch Five-Year Low as Economy Worsens Saturday, November 15, 2008 @ 9:02AMNov. 15 (Bloomberg) -- Treasuries rose for a second straight week, with two-year note yields touching the lowest in five years, as economic growth worsened and Treasury Secretary Henry Paulson changed the terms of the financial-rescue plan.
The auto industry bailout Saturday, November 15, 2008 @ 7:33AMWASHINGTON ( Reuters ) - The U.S. Senate plans to take up a proposal to bailout distressed automakers, while the White House on Friday warned of partisan gridlock and recommended another route to get billions to Detroit fast.
Reid sets vote for auto bailout package Saturday, November 15, 2008 @ 5:01AMWASHINGTON – Congressional Democrats yesterday abandoned plans to offer a wide-ranging economic stimulus plan next week, putting off any chance that the federal government would provide a major jolt to the economy until after President-elect Barack Obama is sworn in Jan. 20.
Home sales can be as emotional as divorce Saturday, November 15, 2008 @ 4:10AMThe process of buying and selling a house in this market has become so emotional on both sides that psychologists rank it on par with divorce and even death.
Las Vegas Sands Gets $2.14 Billion, Halts Macau Build (Update1) Monday, November 10, 2008 @ 8:50PMNov. 11 (Bloomberg) -- Las Vegas Sands Corp., the casino company run by billionaire Sheldon Adelson , has commitments for $2.14 billion in capital and is suspending all construction in Macau to conserve cash following a loss in the third quarter.
General Motors shares hit 60-year low Monday, November 10, 2008 @ 8:38PMGeneral Motors shares hit their lowest point in 60 years on Monday and some industry analysts predicted the automaker would collapse without a government bailout.
Businesses abandon hope Monday, November 10, 2008 @ 7:26PMConfidence crashes to record low.
Business hopes collapse Monday, November 10, 2008 @ 6:56PMConfidence through the floor as companies brace for stalling demand.
General Motors shares hit 60-year low on worries of collapse Monday, November 10, 2008 @ 6:55PMDETROIT - Bad news kept piling up for General Motors on Monday as its shares plunged to their lowest point in 60 years and some industry analysts predicted the automaker would collapse without a government bailout.
KKR Financial Cuts Payout, Gets $400 Million in Loans (Update1) Monday, November 10, 2008 @ 6:55PMNov. 10 (Bloomberg) -- KKR Financial Holdings LLC , the debt-investment affiliate of private-equity firm KKR & Co., halted its dividend and arranged $400 million in loans from banks and KKR to pay off other debts.
75 Years Later, a Nation Hopes for Another F.D.R. Saturday, November 8, 2008 @ 4:21AMIn the face of an economic abyss, America is in need of a leader like Franklin D. Roosevelt who can both unite and inspire.
MINING FINANCE / INVESTMENT Saturday, November 8, 2008 @ 4:03AMThe current crash in commodity and commodity stock prices is creating all the elements which will lead to a new commodities and commodity stock price boom.
Primaris Retail REIT Announces Third Quarter Financial Results Thursday, November 6, 2008 @ 3:05PM TORONTO, ONTARIO-- - Primaris Retail REIT is pleased to report a 3.2% increase in net operating income for the third quarter of 2008, as compared to the third quarter of 2007.
Hercules Technology Growth Capital Announces Record Third Quarter 2008 Financial Results and Declares a $0.34 Q4 2008 ... Thursday, November 6, 2008 @ 3:05PM PALO ALTO, Calif.----Hercules Technology Growth Capital, Inc. , the leading specialty finance company providing venture debt and equity to venture capital and private equity backed technology and life science companies at all stages of development, today announced its financial results for the third quarter ended September 30, 2008.
Genworth Financial Reports Third Quarter Net Operating Income Of $0.51 Per Diluted Share-Loss From Continuing ... Thursday, November 6, 2008 @ 3:05PM Genworth Financial, Inc. today reported a loss from continuing operations for the third quarter of 2008 of $258 million, or $0.60 per diluted share, compared with income of $339 million, or $0.76 per diluted share, in the third quarter of 2007.
Priceline.com Reports Financial Results For 3rd Quarter 2008 Thursday, November 6, 2008 @ 3:01PM NORWALK, Conn.----Priceline.com Incorporated® today reported its financial results for the 3rd quarter 2008. Gross travel bookings for the 3rd quarter, which refers to the total dollar value, inclusive of all taxes and fees, of all travel services purchased by consumers, rose 47.4% year-over-year to $2 billion.
Qualcomm Announces Fourth Quarter and Fiscal 2008 Results Thursday, November 6, 2008 @ 3:00PM Qualcomm Incorporated , a leading developer and innovator of advanced wireless technologies and data solutions, today announced results for the fourth fiscal quarter and year ended September 28, 2008.
After Shocks from the October Meltdown Thursday, November 6, 2008 @ 2:02PMOctober is famous for stock markets crashes, - the Crash of 1929, “Black Monday” 1987, the Asian Contagion crash in October 1997, and the Sub-Prime crash of October 2008. US Treasury chief Henry Paulson’s ill-fated decision on Sept 14th, to pull the plug on the 158-year old brokerage firm of Lehman Brothers, set in motion a horrific chain of events that unleashed a torrent of panic selling on ...
Mounting job losses fueling foreclosures Thursday, November 6, 2008 @ 1:07PMFor years, bad loans and their aftershocks have been sending homeowners into foreclosure. Now its lost jobs that are putting troubled borrowers over the edge.
Greenspan Slept as Off-Balance-Sheet Toxic Debt Evaded Scrutiny Thursday, October 30, 2008 @ 6:41AMOct. 30 (Bloomberg) -- As George Miller welcomed 60 bankers to the chandeliered Charlotte City Club one evening in September, the focus was on more than the recent bankruptcy of Lehman Brothers Holdings Inc. From their 31st-floor perch, members of the American Securitization Forum , which Miller leads, fretted about the future of their $10.7 trillion industry.
Triple-S Management Corporation Reports Third Quarter 2008 Results; Board Approves Share Repurchase Authorization of ... Thursday, October 30, 2008 @ 6:30AM Triple-S Management Corporation , the largest managed care company in Puerto Rico, today announced record consolidated revenues for the three months ended September 30, 2008. Net income of $9.5 million, or $0.29 per diluted share, includes an after tax net loss of $5.4 million, or $0.17 per diluted share, in net realized and unrealized losses on investments and derivatives.
Central St. developers seek more time Thursday, October 30, 2008 @ 6:13AM Citing sharp reversals in the housing market, a developer hoping to build The Eastwood condominium project on the former Central Street theater property persuaded city officials Monday to extend his deadline for completion until 2012.
Temecula Valley Bancorp Strengthened Reserves with $7.6 Million Provision in 3Q08 Thursday, October 30, 2008 @ 5:30AM TEMECULA, Calif.----Temecula Valley Bancorp Inc. today reported solid capital ratios, excellent growth in SBA lending, strong liquidity and lower operating expenses. Booking a $7.6 million provision for loan losses resulted in a net loss of $3.6 million, or $0.36 a share, for the third quarter of 2008, compared to a net loss of $2.0 million, or $0.20 per share, with a provision of $5.3 million ...
The Other Part Of The Bailout: Pricing And Evaluating The U.S. And U.K. Loan Guarantees Wednesday, October 29, 2008 @ 10:46AMThe recapitalisation aspects of the October rescue packages have been widely analysed by the world’s most effective think-tank in this crisis – the blogosphere. Here finance professors from LBS and NYU evaluate the rescue packages’ loan guarantees. The U.K. scheme has the flavour of a small tax, and is partly market-reliant; The U.S. plan has the flavour of a $50 billion subsidy, and is almost ...
Consumer confidence takes big tumble Wednesday, October 29, 2008 @ 10:36AMDeclining home equity, a floundering stock market and the possibility that their jobs may be in jeopardy have more Americans worried about their money than at any time in the past four decades.
Consumers Feel the Next Crisis: Credit Cards Wednesday, October 29, 2008 @ 9:32AMAfter years of flooding Americans with offers and high limits for credit cards, lenders are cutting back sharply on both.
Revenue Growth Provides Solid Earnings Wednesday, October 29, 2008 @ 9:05AM TULSA, Okla.----BOK Financial Corporation reported earnings of $56.7 million or $0.84 per diluted share for the third quarter of 2008. The Company reported a net loss of $1.2 million or $.02 per diluted share for the second quarter of 2008 and net income of $59.8 million or $0.89 per diluted share for the third quarter of 2007.
Stocks Open Lower Amid Rate Cut Hopes Wednesday, October 29, 2008 @ 8:59AMWall Street opened lower Wednesday, a day after its enormous surge and as investors awaited an afternoon decision on interest rates from the Federal Reserve.
Bailout Merger No. 1: PNC and National City Saturday, October 25, 2008 @ 6:12PMTreasury cash will help Pittsburgh bank gobble up weaker competitor.
US Devising Home Refinance Aid Plan Friday, October 24, 2008 @ 12:03AMWASHINGTON (AP) – U.S. government regulators told Congress Thursday they are working on a plan that could help many distressed homeowners escape forec....
The Pain Continues Thursday, October 23, 2008 @ 11:59PMBy: David N. Vaughn, Gold Letter, Inc. Looks like the markets are giving us a little more pain as the weeks pass. A good time now to look at personal portfolios and see how much they have crashed. So much for retiring any time soon. I keep hearing how the savings rate is too low or non existent.
Pennsylvania Women Stop Closing Wage Gap with Men Thursday, October 23, 2008 @ 11:01PM adjusted wages fall
U.S. working on plan to help homeowners refinance Thursday, October 23, 2008 @ 10:22PMWASHINGTON (AP) - Federal regulators told Congress Thursday they’re working on a plan that could help many distressed homeowners escape foreclosure in a global financial crisis that Federal Reserve Chairman Alan Greenspan warned will get worse before it gets better.
The Keystone Cops meet the dismal science Thursday, October 23, 2008 @ 10:21PMIf this is the Information Age, then it’s also the Year of Information Overload for those of us trying to understand this global financial upheaval. All of the news media seem to feature littIe else than economic bad news, accusations of whoever is to blame, and arguments about what should be done.
CoBiz Financial Reports Third Quarter 2008 Results Thursday, October 23, 2008 @ 7:17PM CoBiz Financial Inc. , a financial services company with $2.6 billion in assets, reported third quarter 2008 diluted earnings per share of $0.18, consistent with the second quarter of 2008 and $0.25 diluted EPS a year ago.
North State Bancorp Reports Earnings for Third Quarter 2008 Wednesday, October 22, 2008 @ 8:55AM For the quarter ended September 30, 2008, North State Bancorp , the holding company for North State Bank , reported net income of $586,000 and for the nine month period ended as of the same date, net income was $1,858,000.
Barney Frank Wields Clout to Curb Private Equity, Hedge Funds Wednesday, October 22, 2008 @ 8:47AMOct. 22 (Bloomberg) -- U.S. Representative Barney Frank is walking through Statuary Hall in the Capitol, a portrait of rumples and wrinkles. His left shirttail hangs out over his belt. Reporters and photographers are hounding him. Cameras are whirring. Questions are being shouted.
Audit Roundup: Reeling ‘Em In Wednesday, October 22, 2008 @ 8:43AMNYT good on credit chicanery; Journal looks at housing’s ground zero; etc. The New York Times has an excellent story on how banks are luring struggling Americans into ever-more debt by assembling their private information to create detailed and amazingly timed pitches.
PremierWest Bancorp Announces Third Quarter Earnings of $1.3 Million Wednesday, October 22, 2008 @ 8:30AM MEDFORD, Ore., Oct. 22, 2008 -- PremierWest Bancorp announced net income of $1.3 million for the quarter ended September 30, 2008. Earnings per share on a fully diluted basis were $0.05.
Treasuries Rise as Stock Drop Prompts Flight to Safer Assets Wednesday, October 22, 2008 @ 8:17AMOct. 22 (Bloomberg) -- Treasuries rose as a plunge in emerging-market assets and expectations of a worsening global slowdown boosted demand for the safety of government debt.
Home repossession must be last resort, Treasury warns banks, as Docklands development has 82 of 84 flats repossessed Monday, October 20, 2008 @ 2:55AM Up to two million households will enter negative equity by 2010 with the number of repossessions soaring, according to the latest figures. More than 330,000 homeowners already owe more than their homes are worth, four times the level just four months ago.
Energy projects moving ahead despite downturn Monday, October 20, 2008 @ 2:21AMBILLINGS - Financing prospects for large-scale energy projects in Montana have dimmed with the crisis on Wall Street, but some that already are under way should proceed as planned, state officials and developers said.
Tight credit putting buyer expectations into perspective Monday, October 20, 2008 @ 2:15AMAnna Cohen, 25, squinted and frowned at the 2001 Honda Civic before settling.