Postmedia Network Reports Second Quarter Results
Postmedia Network Canada Corp. today released financial information for the second quarter ended February 28, 2011.
Read more on Business Wire via Yahoo! Finance
Colleges that profit, students who don’t
Thousands of middle-income students who’ve rushed to for-profit career colleges in recent years have been overwhelmed by aggressive recruitment, loose admission policies, overhyped academic programs, a crippled U.S. economy with few jobs — and, finally, their massive taxpayer-funded student debt, with little hope of repayment.
Read more on Seattle Times
Analysis: Obama claim shutdown to hit housing may be off mark
President Barack Obama’s warning that a government shutdown might prevent many Americans from obtaining a mortgage may be more of a negotiating tactic than reality.
Read more on Reuters via Yahoo! News
Hawaii Hotels May Struggle to Repay Debt as Japanese Travel Dips
A decline in tourists from Japan after the earthquake and tsunami last month may reduce cash flow at Hawaii’s hotels, making it costlier for owners to refinance debt coming due this year and next.
Read more on Bloomberg
Fed Housing Policies Backfire
Blacks and Hispanics have lost much of the housing gains they made during the Clinton and Bush administration campaigns to boost minority homeownership, new census numbers show. As a result, the “mortgage gap” between minorities and whites is almost as wide as it was two decades ago, when Washington
Read more on Investor’s Business Daily, Inc. via Yahoo! Finance
Foreign Banks Used Fed Secret Lifeline Most at Crisis Peak
U.S. Federal Reserve Chairman Ben S. Bernanke’s two-year fight to shield crisis-squeezed banks from the stigma of revealing their public loans protected a lender to local governments in Belgium, a Japanese fishing-cooperative financier and a company part-owned by the Central Bank of Libya.
Read more on BusinessWeek
EU draft law to crack down on “liar” home loans
Tax year ends 5 April. Invest or secure your allowance now before the deadline.
Read more on Interactive Investor
EU to protect home-buyers against risk
EU financial services commissioner Michel Barnier, pictured on March 15. Europe on Thursday moved to protect home-buyers by setting new rules for mortgages aimed at avoiding a replay of the US sub-prime …
Read more on AFP Journal Internet Finance News (EU) via Yahoo! UK & Ireland Finance
01.04.2011 – PRESS RELEASE: KION Group announces launch of senior notes offering
KION GROUP GmbH / KION Group announces launch of senior notes offering . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.
Read more on 4investors
Lloyds Banking Group – Annual Financial Report and Notice of AGM
Lloyds Banking Group – Annual Financial Report and Notice of AGM
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance
The Future of the American Home
After a crazy decade, the housing market will likely become boring again — but that’s a good thing!
Read more on The Atlantic
Genco Shipping & Trading Limited Completes Acquisition of 13 Supramax Vessels
NEW YORK , March 29, 2011 /PRNewswire/ — Genco Shipping & Trading Limited (NYSE: GNK – News ) today announced that it has taken delivery of the Genco Rhone, a Supramax newbuilding. The Genco Rhone is the final vessel to be delivered to the Company under Genco’s agreement previously announced on June 25, 2010 to acquire 13 Supramax vessels from Setaf SAS, a wholly owned subsidiary of Bourbon SA …
Read more on PR Newswire via Yahoo! Finance
Fed rejects Bank of America’s dividend hike plan
Country’s largest bank not allowed to raise dividend; will file new request to raise second-half dividend for 2011
Read more on CBS News
AGY Holding Corp. Announces 2010 Fourth Quarter and Full-Year Consolidated Results and Earnings Conference Call
AGY Holding Corp. reports its consolidated 2010 fourth quarter and year-end results highlights:
Read more on Business Wire via Yahoo! Finance
New homes are becoming a bad deal in some areas as foreclosures make older homes cheaper
WASHINGTON – A new home, the dream of many would-be buyers, makes less and less financial sense in many places. A wave of foreclosures has driven down the cost of previously occupied homes and made them even more of a comparative bargain. By contrast, new homes have become more expensive.
Read more on Minneapolis-St. Paul Star Tribune