Thursday, December 23, 2010

Google Alert - finance

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AIB nationalisation was 'last resort'
Irish Times
Minister for Finance Brian Lenihan admitted markets had no confidence in the Irish banking system, and the move to nationalise Allied Irish Banks represented a "last resort" to keep the troubled lender afloat. Speaking after the Government secured a ...
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Builders Sold Fewer New Homes Than Forecast in November
Bloomberg
By Bob Willis - Thu Dec 23 15:21:18 GMT 2010 A cement mason, works on the foundation of a new home under construction in Cary, North Carolina. Photographer: Jim R. Bounds/Bloomberg Builders sold fewer new homes than forecast in November, signaling the ...
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US Michigan Consumer Sentiment Index Rose to 74.5
Bloomberg
By Shobhana Chandra - Thu Dec 23 15:19:04 GMT 2010 Bookings for goods like computers and communications gear climbed 2.6 percent after a 3.6 percent decline in October that was smaller than previously estimated. Photographer: George Frey/Bloomberg ...
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US STOCKS-Wall St flat in light preholiday trade
Reuters
By Rodrigo Campos NEW YORK, Dec 23 (Reuters) - US stocks were little changed on Thursday despite a preholiday flurry of data that reinforced views of a solid economic growth as Wall Street sought to notch a fourth straight week of gains. ...
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Jo-Ann Stores to Be Bought by Leonard Green for $1.6 Billion, $61 a Share
Bloomberg
By Chris Burritt - Thu Dec 23 13:37:34 GMT 2010 Jo-Ann Stores Inc. agreed to be acquired by an affiliate of Leonard Green & Partners LP for $1.6 billion to accelerate expansion of the largest US fabric retailer. The cash offer of $61 a share was 34 ...
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US HOT STOCKS: Jo-Ann, Bed Bath & Beyond, Sonic Solutions
Wall Street Journal
US stocks traded mixed Thursday as the Dow Jones Industrial Average recently rose 11 points to 11570, while the Standard & Poor's 500 slipped 0.7 points to 1258 and the Nasdaq Composite lost 2.5 points to 2669. Among the companies whose shares are ...
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US Mortgage Rates Drop for First Time in Six Weeks
BusinessWeek
By Prashant Gopal Dec. 23 (Bloomberg) -- US mortgage rates declined for the first time in six weeks, pushing down borrowing costs from a seven-month high. The average rates for a 30-year fixed loan fell to 4.81 percent in the week ended today from 4.83 ...
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Fannie, Freddie Report Mixed Mortgage-Delinquency Data
Wall Street Journal
Fannie Mae (FNMA) said serious delinquencies on single-family mortgages declined further in October from September, while Freddie Mac (FMCC) reported that such delinquencies turned up in November for a second straight month, after seeing declines since ...
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Alabama Town's Failed Pension Is a Warning
New York Times
Prichard, Ala., presents a worst case for public pension funds: It stopped sending checks in 2009. More Photos » By MICHAEL COOPER and MARY WILLIAMS WALSH PRICHARD, Ala. — This struggling small city on the outskirts of Mobile was warned for years that ...
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