Mortgage and Financial News From 2008-6-12 Page 13
Previous Day: 2008-06-11
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FTSE Changes -- Resources Are In, Building Is Out (The Motley Fool)
Yesterday's revisions to the FTSE indices reflect the zeitgeist.
2008-06-12 09:05:46 -
London close: Banks lead rally (ShareCast)
LONDON (SHARECAST) - The Footsie made a valiant attempt to break back through the 5,800 barrier but fell just short, despite a strong performance from banks.
2008-06-12 09:32:39 -
U.K. Stocks Advance; Commodity Producers, Banks Lead Gains (Bloomberg.com)
June 12 (Bloomberg) -- U.K. stocks rose the most in more than weeks, led by commodity producers and banks, as Goldman Sachs Group Inc. recommended buying shares in Vedanta Resources Plc and banks rallied from their cheapest in two months.
2008-06-12 09:36:56 -
Man fatally stabbed in Auburn - Sun-Journal
AUBURN -- A man was stabbed and killed tonight on a path behind Florian's Market on Main Stret. Police from both sides of the river are scouring the woods around the Androscoggin River in search of a suspect seen fleeing with a large knife. The ...
2008-06-11 05:19:00 -
Make My Day - American Reporter
DUMMERSTON, Vt. -- My father was a peasant at heart. He was a first-generation American raised on these old-country rural values: trust no one except the family, the worst is always yet to come, don't trust banks, don't go into debt. He got through ...
2008-06-12 07:02:00 -
U.S. stocks fall sharply as crude surge resumes - Marketwatch
NEW YORK (MarketWatch) -- U.S. stocks continued to tumble with surging crude-oil futures reviving concerns both over consumption and about the Federal Reserve possibly hiking interest rates to curb inflation. "In order for this market to stop ...
2008-06-11 09:12:00 -
Price gap still high despite dollar parity - Victoria Times Colonist
OTTAWA -- Last year, when the Canadian dollar was nearing parity with American currency, Canadian retailers said they couldn't create cross-border price parity overnight, that it would take time to adjust. Well, a report from BMO Capital Markets ...
2008-06-12 01:04:00 -
Forex - Dollar higher in afternoon trade on views Fed may keep key ... - FXStreet.com
HONG KONG (Thomson Financial) - The U.S. dollar was trading higher against the euro and the yen in afternoon Asian trade on Thursday on views the Federal Reserve will probably keep its key interest rates steady this month to stave off inflationary ...
2008-06-12 12:36:00 -
Beware of Higher Interest Rates - BusinessWeek
Evidence is mounting that investors should prepare themselves for higher interest rates. Surging oil and commodity prices are sparking inflation, pushing the Federal Reserve to warn that rate hikes could be coming soon. At least that was how markets ...
2008-06-12 07:09:00 -
Financial advisers preying on senior citizens (CNN Money)
Question: I was at a presentation to senior citizens who have most of their funds invested in fixed income products (CD's). The presenter showed how our investments are taxed and we don't keep up with inflation. He scared the hell out of us. Then came the product he sells which was a fixed annuity that guarantees you get all the gains from the stock market and none of the losses. Is this real?
2008-06-11 03:03:54 -
Portsmouth area community calendar (Portsmouth Herald)
Portsmouth
2008-06-11 03:11:31 -
Meet George Klabin: Rising Jazz Stars Foundation (All About Jazz)
About George Klabin: George Klabin has been involved in jazz since the mid 60's, when he was a student at Columbia University, in New York City, and was head of the JAZZ department at WKCR FM Radio.
2008-06-11 09:10:52 -
For Canadian consumers, the price is not right (CTV.ca)
After eight months of the loonie hovering near parity with the U.S. greenback, Canadians can be forgiven for thinking they should pay the same for a Nintendo Wii or a CD as their southern neighbours.
2008-06-11 09:33:36 -
High prices -- only in Canada, eh? (Hamilton Spectator)
Canadian consumers are still waiting for the price cuts the country's soaring loonie was supposed to deliver. A new study by the Bank of Montreal says we're still paying up to 18 per cent more than Americans for the same products, even though our currencies are trading at or near par.
2008-06-12 01:41:27 -
Banker projects upswing (La Cañada Valley Sun)
Learning about the economy’s effect on local and regional issues prompted about 80 guests to gather at the La Cañada Flintridge Country Club Tuesday for a LCF Chamber of Commerce business lunch.
2008-06-12 04:22:33