Hard Equity Loans News
- Geneva Sees Opportunity in Bern’s Concessions on Bank Secrecy Thursday, July 2, 2009 @ 3:22AMJuly 2 (Bloomberg) -- On a hot Saturday morning in May at the Rolle yacht club on Lake Geneva, Guy de Picciotto , chief executive officer of Switzerland’s Union Bancaire Privee, smears on sunblock as he rallies a professional, lycra-clad crew of six to race his 35-foot, $600,000 catamaran.
- Obama extends mortgage refinancing program Wednesday, July 1, 2009 @ 9:17PMThe Obama administration is widening its mortgage refinancing program to allow more borrowers hit hard by falling home prices to take part.
- Local retailers struggle with recession Wednesday, July 1, 2009 @ 6:07PMRetail stores big and small in Redondo Beach have struggled mightily in the face of the most daunting recession in decades.
- Dogs of Bruce Berkowitz: Penn West Energy Trust, Calumet Specialty Products Partners, Winthrop ... Wednesday, July 1, 2009 @ 12:49PM(GuruFocus, July 1, 2008) Investment Guru, Bruce Berkowitz follows the cash when coming to investing, the free kind of cash flow (FCF). He would make a few adjustment to the accounting, as he des cribed how he uses FCF analysis in the Introduction to Part IV Go With The Flow[i] in the latest [i]Edition of Benjamin Graham and David Dodd book Securitiy Analysis (Page 339 to347). Bruce and his team ...
- Don’t Expect Write-Ups Monday, June 29, 2009 @ 12:10AMAre banks finally getting to the point where, instead of writing down assets, they can add to profits by writing them back up?
- Real estate investment trusts are recovering Monday, June 29, 2009 @ 12:01AMBy VIVIAN MARINO The New York Times Real estate investment trusts have long been touted as good portfolio diversifiers because they typically do not move in lock-step with other financial markets.
- Long road to recovery Sunday, June 28, 2009 @ 10:25PMThompson Creek splashes quietly over Como Falls these days, threading through the park behind the Hokah Fire Station. But no one who was living in the area in August 2007 can forget what the creek did then, especially not Dean Plantz and Tom Oldenburg.
- Get With the Plan helps its 300th family Sunday, June 28, 2009 @ 5:18AMARISTIDE ECONOMOPOULOS/THE STAR-LEDGER The Star-Ledger has run 300 money makeovers for Get With The Plan. Pictured is a group of families who have participated over the years. Last week marked the 300th family The Star-Ledger has helped with Get With...
- Brass Elephant restaurant on the block Friday, June 26, 2009 @ 7:13PMThe Brass Elephant, one of Baltimore’s most elegant fine dining establishments, is up for sale after a rocky start to 2009 and reduced cash flow.
- Feds Shut Down Villa Rica-based Bank Friday, June 26, 2009 @ 5:23PMVilla Rica-based Community Bank of West Georgia was seized by state regulators late Friday, the 13th Georgia bank failure since August 2008.
- Local Banks Show Improvement in Quarter Monday, June 22, 2009 @ 8:31AMThe fourth quarter of 2008 was brutal for state chartered banks in California. Return on assets, return on equity and net income dropped into the negative digits for many, and some banks accessed the Troubled Asset Relief Program (TARP) in anticipation of things getting worse.
- Interactive Data Broadens Evaluated Services Capabilities Monday, June 22, 2009 @ 8:00AMNEW YORK----SIFMA Technology Management Conference 2009, Booth #1101-Interactive Data Corporation , a leading provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business has broadened its Evaluated Services capabilities for clients.
- Another local mill to close doors Monday, June 22, 2009 @ 7:55AMThe Labranche sawmill in St-Isidore-de-Clifton is closing its doors - the second in the community to do so and fourth in the region during the past two years.
- Dairy farmers struggle locally, nationwide Monday, June 22, 2009 @ 5:17AMMONTROSE — Upper Valley Holstein owner Andy Wick loses sleep riding the market. And these days, most dairy owners are likely experiencing sleepless nights as well.
- Irish Banks Gain as Government Readies Property Plans (Update1) Monday, June 22, 2009 @ 4:28AMJune 22 (Bloomberg) -- Irish bank stocks, the biggest losers in Europe in the first quarter, have been the best performers since March as investors bet the government will rescue the lenders without punishing shareholders.
- Shariaa compliant or complaint? Monday, June 22, 2009 @ 1:32AMShariaa compliant or complaint?
- Lloyds adopts hands-on approach with struggling firms Sunday, June 21, 2009 @ 4:31PMLloyds Banking Group has more than doubled the size of its corporate restructuring operation and launched a major advertising campaign as it adopts a more hands-on approach to working with companies in trouble.
- Utilities Industry Analyst Says Stimulus Dollars Should Go Towards Developing Technology Thursday, June 18, 2009 @ 10:42AM67 WALL STREET, New York - June 18, 2009 - The Wall Street Transcript has just published its Midwest banks Report report offering a timely review of the sector to serious investors and industry executives. This 11 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) ...
- The Ratings Game: Analyst says to buy auto shares on weakness Thursday, June 18, 2009 @ 10:22AMLower interest rates on auto loans, improving consumer confidence and a scrappage plan likely coming this fall should help revive car sales and boost a group of stocks that has run out of gas in recent sessions, a Goldman Sachs analyst says.
- Collection of U.S. banks repay $68 billion received from bailout Thursday, June 18, 2009 @ 12:46AMA key government effort to ease the credit crisis reached a milestone Wednesday as 10 large banks said they had repaid a total of $68 billion in bailout funds. Treasury said last week that the banks could begin repaying money they received under the $700 billion financial system bailout known as the Troubled Asset Relief Program, or TARP.
- 10 large US banks to repay $68B in TARP funds Thursday, June 18, 2009 @ 12:09AMWASHINGTON - A key government effort to ease the credit crisis reached a milestone Wednesday as 10 large banks said they had repaid a total of $68 billion in bailout funds.
- 10 US banks repay TARP Wednesday, June 17, 2009 @ 11:14PMWASHINGTON – A key government effort to ease the credit crisis reached a milestone Wednesday as 10 large banks said they had repaid a total of $68 billion in bailout funds. ... - By DANIEL WAGNER The Associated Press
- Obama Sought to Enlist Many Sides on Finance Rules Wednesday, June 17, 2009 @ 3:31AMPresident Barack Obama’s plan to reshape financial regulation, which he is to introduce Wednesday, is the product of weeks of meetings among government officials, financial experts, lawmakers, industry executives and lobbyists, many of whom were invited to help the White House draft the proposal, The New York Times’s Stephen Labaton writes.
- 10-Year Retirement Countdown Helps Workers Plan Career Transition Wednesday, June 17, 2009 @ 2:00AMBills.com suggests insurance, planning, getting out of debt before retiring
- Ottawa asked for $200M loan to help Air Canada Tuesday, June 16, 2009 @ 4:08PMFinance Minister Jim Flaherty said Tuesday the federal government is in talks with Air Canada to provide the struggling airline millions of dollars of loans, just weeks after it forked over billions to rescue bankrupt automakers.
- BOE Says 11% of U.K. Homeowners Face Negative Equity (Update1) Friday, June 12, 2009 @ 5:28AMJune 12 (Bloomberg) -- The British housing-market slump has mired as many as one in 10 homeowners in negative equity, where their mortgages exceed the value of their properties, the Bank of England said.
- BlackRock Seeks to Balance Index, Active Funds With BGI Deal Friday, June 12, 2009 @ 5:00AMJune 12 (Bloomberg) -- BlackRock Inc. ’s purchase of Barclays Global Investors for a record $13.5 billion is the first attempt by a top-ranked fund manager to unite two opposing investment philosophies.
- Securitization: The biggest rip-off ever Monday, June 8, 2009 @ 11:59PMIs it possible to make hundreds of billions of dollars in profits on securities that are backed by nothing more than cyber-entries into a loan book? It’s not only possible; it’s been done.
- Fed’s Dollar Lie Called Out by Victorious Merkel: Amity Shlaes Monday, June 8, 2009 @ 11:26PMJune 9 (Bloomberg) -- The capitalist U.S. is nationalizing its biggest automaker, even as it pretends not to do so. Europe, for its part, is moving right.
- Bolshoi Director Dies Monday, June 8, 2009 @ 4:36PMBoris Pokrovsky, the renowned Bolshoi opera director, died Friday at age 97, news reports said. No cause of death ... A two-hour flight east of Moscow, the city of Perm strikes you more as an industrial backwater than it does a future capital of the art world.
- Westport Reports Fourth Quarter & Year End Financial Results Monday, June 8, 2009 @ 3:05PMVANCOUVER, BRITISH COLUMBIA-- - Westport Innovations Inc. , a global leader in alternative fuel, low-emissions transportation technologies, today reported financial results for the fourth quarter and fiscal year ended March 31, 2009 , and provided an update on operations.
- Loan fund helps cafe expand at new site Monday, June 8, 2009 @ 12:46PMOne of Uptown Oxford’s most popular restaurants is set to relocate and expand, thanks in part to a $205,000 loan from the city.
- KKR to Sell Buyout IPOs Through Fidelity Investments (Update1) Monday, June 8, 2009 @ 11:29AMJune 8 (Bloomberg) -- KKR & Co. agreed to sell shares of its private-equity companies through Fidelity Investments as the firms prepare for an increase in initial public offerings.
- U.S. Stock Futures Drop as Energy, Raw-Material Producers Fall Monday, June 8, 2009 @ 8:44AMJune 8 (Bloomberg) -- U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may drop for a second day, as commodity producers declined with lower energy prices and concern grew that the Federal Reserve will start raising interest rates. Shares in Europe and Asia retreated.
- U.S. Stock Futures Drop on Valuations; Oil Falls, Dollar Gains Monday, June 8, 2009 @ 8:29AMJune 8 (Bloomberg) -- U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may drop for a second day, amid speculation the three-month rally has outpaced the prospects for earnings growth as borrowing costs rise. Shares in Europe and Asia retreated.
- Myth Busting - Gold, Deflation and Hyperinflation Monday, June 8, 2009 @ 8:21AMThere are a lot of myths and “old wives’ tales” out there about Gold and the frequently accompanying topics of inflation and deflation. In no particular order, I’d like to debunk three big ones with facts rather than universally accepted catch-phrases that prey on lazy investors and speculators.
- U.S. Stock Futures Drop on Valuations; Oil Falls, Dollar Gains Monday, June 8, 2009 @ 7:14AMJune 8 (Bloomberg) -- U.S. stock futures fell, indicating the Standard & Poor’s 500 Index may drop for a second day, amid speculation the three-month rally has outpaced the prospects for earnings growth as interest rates rise. Shares in Europe and Asia retreated.
- Families in Affordable Housing Development Welcome State-of-the-art Playground Monday, June 8, 2009 @ 7:00AMAt a time of great need, Related Affordable Companies Brings Together Tiki Recreation and KOMPAN Playgrounds to Dedicate Manhattan Plaza Playground, the First Digital Outdoor Playground on the East Coast
- Aid more important than ever in picking college Sunday, June 7, 2009 @ 11:18PMOakcrest High School valedictorian Gary Carlson will attend Harvard University.
- Rising U.S. Business Bankruptcies Seen Causing Pain For Banks Friday, June 5, 2009 @ 2:52PMNEW YORK -(Dow Jones)- Danger is lurking for banks despite an economy that is inching towards improvement as U.S. business bankruptcies are expected to rise sharply well into next year.
- Amid Troubled Hotel Sector, Companies Look to Boost Management Portfolios Friday, June 5, 2009 @ 7:33AMMany hotel owners are looking at a troubling two years or so, as a large portion of their loans are coming due for refinancing in an environment of declining RevPar.
- Rio Tinto Issues Unaudited Financial Information for the Three Months Ended 31 March 2009 and 2008 Thursday, June 4, 2009 @ 11:30PMLONDON----
- (AFX UK Focus) 2009-06-04 18:27 UPDATE 1-Corus hires BofA to help find capital, buyer-Bloomberg Thursday, June 4, 2009 @ 1:02PMBANGALORE, June 4 (Reuters) - Struggling real-estate lender Corus Bankshares Inc has hired Bank of America Corp to help it find capital or sell the company to avoid shutting down operations, Bloomberg said, citing people familiar with the matter.
- Corus hires BofA to help find capital, buyer-Bloomberg Thursday, June 4, 2009 @ 12:12PM(Adds BofA, Colony Capital, Related Cos response, background, stock activity)
- Kazakh bank BTA expects $8 billion 2008 net loss Thursday, June 4, 2009 @ 9:41AM* Sees 2008 net loss at $7.9 bln due to bad loans
- Worse-than-expected economic data thwarts stock rally Wednesday, June 3, 2009 @ 4:49PMInvestors sent stocks lower Wednesday after factory orders and services data came in below expectations, signaling that economic conditions remain tough.
- Worse-than-expected economic data thwarts rally Wednesday, June 3, 2009 @ 3:40PMThe problem with rising expectations is that it gets tougher to beat them.
- House prices NOT tipped to slide Tuesday, June 2, 2009 @ 10:50PMWhat a dangerous thing an economist with a model can be, capable of scaring the horses, wrecking the financial system, generating internet traffic.
- Government motors? Tuesday, June 2, 2009 @ 10:41PMTORONTO — The G in GM now stands for government. “It’s not a normal call,” Prime Minister Stephen Harper said yesterday as he announced Canada and Ontario would take an 11.7 per cent ownership stake in bankrupt General Motors, pumping $10.[...]
- Briefing by White House Press Secretary Robert Gibbs, 6-2-09 Tuesday, June 2, 2009 @ 5:07PMWhiteHouse.gov is the official web site for the White House and President Barack Obama, the 44th President of the United States. This site is a source for information about the President, White House news and policies, White House history, and the federal government.
