Posts Tagged ‘lower’

Banks Set To Make Lower Profits

Thursday, July 29th, 2010

Banks Set To Make Lower Profits
Here’s why big banks will make lower returns during the next upturn…
Read more on The Motley Fool

Stocks fall slightly on consumer confidence report
News that consumers are more pessimistic put the stock market’s rally on hold. Stocks fell modestly Tuesday after three days of big gains. The Dow Jones industrial average rose 12 points for its fourth straight advance, but the gain was largely to due a jump in DuPont Co. after the chemical maker reported strong earnings.
Read more on AP via Yahoo! Finance

With payday loans, poor get the loans, firms get the payday
NATHAN HUNSINGER/DMNPayday lenders say they’re taking a risk on those scorned by other financial companies, but critics say the loans trap customers in a downward debt spiral.
Read more on Dallas Morning News

U.S. stocks rise, with help from DuPont, banks
U.S. stocks climb Tuesday following a rise in U.S. home prices for May along with another round of strong earnings.
Read more on MarketWatch via Yahoo! Finance

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Home sales down despite lower rates, due to memories of crisis

Monday, July 19th, 2010

Home sales down despite lower rates, due to memories of crisis
The dip in June home sales didn’t come as a total surprise to Lubbock Association of Realtors president Ann Kearney.
Read more on Lubbock Avalanche-Journal

US banks profit on loans recovery
Bank of America and Citigroup report profits boosted by better loan repayments, but sapped by poor revenues.
Read more on BBC News

SEVERE WEATHER: Pike County in State of Emergency, Several Deaths Reported
Thousands of Pike County residents are without power and water after Saturday night’s flood. Gov. Steve Beshear has declared Pike County a state of emergency. Photo slideshow included.
Read more on WSAZ NewsChannel 3 West Virginia

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Town refinances loans at lower interest rates

Friday, July 16th, 2010

Town refinances loans at lower interest rates
The town has refinanced two of its short-term loans, reducing interest rates from an average of 1.12% to 0.9% and saving the town about ,000, Town Supervisor Charles Duffy announced last week.
Read more on Lewisboro Ledger

Bank warns of home loan rise
Mortgage interest rates might rise even without the Reserve Bank pushing up official rates, one of the nation’s biggest banks has warned.
Read more on thewest.com.au

July CCC lending rates announced
Commodity Credit Corp. interest rates for July have been announced, according to a news release. The borrowing rate-based charge is 0.375 of a percent, unchanged from June.
Read more on Iowa Farmer

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