Mortgage and Financial News From 2008-6-12 Page 5
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RBI raises repo rate by 25 bps to 8.00 pct - Reuters India
MUMBAI (Reuters) - The Reserve Bank of India (RBI) on Wednesday unexpectedly raised its key lending rate by 25 basis points to 8.00 percent to rein in inflation, and analysts said more tightening could be expected if inflation continued to head ...
2008-06-11 06:49:00 -
San Luis Trust Bank Postpones Mid-Year Cash Dividend - MSN MoneyCentral
SAN LUIS OBISPO, Calif., June 12, 2008 (PRIME NEWSWIRE) -- San Luis Trust Bank (OTCBB:SNLS) announced that its Board of Directors voted not to pay a mid-year cash dividend at this time. The year-end cash dividend is the only regularly scheduled ...
2008-06-12 03:52:00 -
How the race to be the biggest has caught up with Barratt - Daily Telegraph
How the great have fallen. In February last year, two months before it bought Wilson Bowden for £2.2bn, Barratt Development's shares were trading above £12. Today the shares closed at 75p. Barratt has come to stand out from its peers because of the ...
2008-06-12 09:50:00 -
The Lowdown on the Lehman Shuffle - BusinessWeek
Heads usually roll on Wall Street when the going gets ugly, and this time is no exception. On June 12, Lehman Brothers Holdings ( LEH ) ousted its highly visible chief financial officer, Erin Callan , along with its president and chief operating ...
2008-06-12 05:04:00 -
Brown calls for global talks to tackle oil and food price crisis - The Independent
Gordon Brown promised yesterday that he would make the high prices of oil and food important areas of discussion in the forthcoming EU Council in Brussels and the G8 Summit scheduled for early July. Mr Brown also said that later this month he will ...
2008-06-12 04:28:00 -
In Melbourne, money alone doesn't talk - International Herald Tribune
MELBOURNE : The seductive strip of white-sand beach and blue water that now holds the title of Victoria's most expensive property started out with poor prospects. When a group of British settlers and convicts first reached the site, in 1803, they ...
2008-06-12 05:54:00 -
Ireland holds key vote on EU treaty - Seattle Post Intelligencer
Watched over by officials, former Taoiseach (Prime Minister) Bertie Ahern casts his ballot in a pollling centre in Dublin city centre Thursday June 12 2008. Ireland's voters were deciding Thursday whether to support the European Union reform treaty ...
2008-06-12 05:54:00 -
G-8 Seeks to Aid Growth as Oil Fans Inflation Threat (Update1) - Bloomberg
June 13 (Bloomberg) -- The world's most powerful governments are looking for ways to boost economic growth to compensate for record oil prices, just as central bankers gird for an inflation fight. French President Nicolas Sarkozy wants to cap value ...
2008-06-12 05:54:00 -
Unemployment rises, eases pressure on interest rates - News.com.au
THE shock loss of 20,000 jobs last month unveiled a new possibility to the economy and the spectre of long jobless queues - that interest rates will stay on hold. The one upside of the gloomy result for the Rudd Government was that there is now ...
2008-06-12 02:19:00 -
Florida Insurer, Dallas Transit, Georgia: Municipal Bond Alert - Bloomberg
June 12 (Bloomberg) -- Florida's Citizens Property Insurance Corp. and Dallas Area Rapid Transit are among U.S. tax-exempt borrowers planning to sell at least $18 billion of bonds and notes in the next 30 days. States, local governments and other ...
2008-06-12 08:50:00 -
Esmark Incorporated Issues Guidance for Second Quarter Earnings ... - MSN MoneyCentral
WHEELING, W.Va., June 12 /PRNewswire-FirstCall/ - Esmark Incorporated ESMK (the "Company") announced today that, based on its current expectations for production and shipments for the balance of the quarter, it expects second quarter net earnings to ...
2008-06-12 01:00:00 -
Babcock & Brown shares plunge despite $7.5bn UK rail deal - News.com.au
INVESTORS continued to dump shares in Babcock & Brown today, despite the embattled investment house announcing it had sealed a multi-billion dollar deal in Britain. B&B said one of its unlisted funds was part of a consortium that had acquired UK ...
2008-06-12 08:31:00 -
Babcock & Brown shares plummet on doubts about corporate debt - International Herald Tribune
SYDNEY : Shares in the Australian investment firm Babcock & Brown plunged by a third on Friday, taking losses to over 50 percent in two days, as concerns mounted about the company's debt and ability to raise funds. The fall followed a tumble on ...
2008-06-12 08:46:00 -
Shareholders respond to Imperial Tobacco and Carlsberg cash calls - Daily Telegraph
UK tobacco manufacturer Imperial Tobacco and Danish brewer Carlsberg have raised a combined £8.1bn from investors in a sign that top tier companies can still rely on shareholders' financial support despite difficulties in the global economy ...
2008-06-12 09:50:00 -
UPDATE 1-US government says troubled loan refinance lagging - Reuters
WASHINGTON, June 12 (Reuters) - Not enough U.S. homeowners facing foreclosure are receiving the full benefit of a federal mortgage refinance plan because investors are wary of the program, a top administrator said on Thursday. That concern is found ...
2008-06-12 02:33:00