Mortgage and Financial News From 2008-5-28 Page 13
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April durable goods orders slip 0.5 percent (Reuters via Yahoo! News)
New orders for long-lasting manufactured goods slipped 0.5 percent in April as demand for civilian aircraft plunged, but a key barometer of business investment spending posted a surprisingly sharp gain, a government report showed on Wednesday.
2008-05-28 06:07:09 -
T5 and tighter security damage BAA - Guardian Unlimited
Airports operator BAA today counted the cost of tighter security measures and money spent on the troubled launch of Heathrow's Terminal 5 as it reported a £51m operating loss for the first three months of the year. BAA - majority owned by Spanish ...
2008-05-28 01:51:00 -
KC Southern to refinance debt - Kansas City Star
Kansas City Southern today said the company will sell $250 million of seven-year notes to pay off debt due this year and reduce its short-term debt. The company said it has $200 million of 9.5 percent notes due this year. The $250 million raised by ...
2008-05-27 06:38:00 -
BAA plunges into red on airport security costs - Times Online
BAA, the owner of Heathrow, Gatwick and Stansted airports, revealed that rising costs for hiring security staff and maintenance had pushed it into a loss in the first quarter of the year, despite booming passenger numbers. The grim figures are bad ...
2008-05-28 04:14:00 -
New York City Water, Florida Insurer: U.S. Municipal Bond Alert - Bloomberg
May 28 (Bloomberg) -- Florida's Citizens Property Insurance Corp. and the North Texas Tollway Authority are among U.S. tax- exempt borrowers planning to sell about $16 billion of bonds in the next 30 days, including about $6 billion this week. States ...
2008-05-28 04:50:00 -
Many Forsyth homeowners feel flood plain pain (Forsyth County News Front Page)
Bill Leonard is one of many Forsyth County homeowners who have taken steps to prove their property is not in a flood plain.
2008-05-28 04:10:41 -
Russian telecom NWT calls tender for $200 mln loan (Reuters via Yahoo! Malaysia News)
ST PETERSBURG, Russia, May 28 - Russian regional telecom operator North-West Telecom has announced a tender to lend up to $200 million via a three-year syndicated loan, the firm said on Wednesday.
2008-05-28 04:19:55 -
Taro Terminates Merger Agreement with Sun Pharmaceutical Industries Ltd. (Centre Daily Times)
Taro Pharmaceutical Industries Ltd. ("Taro," the "Company," Pink Sheets: TAROF) today announced that its Board of Directors unanimously voted to terminate the May 18, 2007 merger agreement (the "Merger Agreement") between the Company and Aditya Acquisition Company Ltd., a subsidiary of Sun Pharmaceutical Industries Ltd. ("Sun," Reuters: SUN.BO, Bloomberg: SUNP IN, NSE: SUNPHARMA, BSE: 524715). ...
2008-05-28 04:28:42 -
T5 debacle hits BAA where it hurts (Channel 4)
Airports operator BAA is counting the cost of money spent on the troubled launch of Heathrow's Terminal 5.
2008-05-28 04:42:38 -
Mortgage applications fall as rates rise (CNN Money)
According to the Mortgage Bankers Association's weekly application survey, volume fell 4.6% during the week ended May 23.
2008-05-28 04:45:42 -
Holze Music to close permanently (The Bryan-College Station Eagle)
Holze Music Co. will permanently close the doors of its 10 locations throughout Texas after almost 70 years in business, company officials announced l ...
2008-05-28 04:50:37 -
Phoenix Health Systems See Cost Increases for Expansion Projects (PR Newswire via Yahoo! Finance)
HealthLeaders-InterStudy, a leading provider of healthcare market intelligence, reports that the collapse of the auction-rate securities market is triggering major cost increases for health systems that have borrowed money to undertake facility expansions.
2008-05-28 06:00:00 -
Illinois Housing Development Authority to host outreach event (The Pantagraph)
BLOOMINGTON -- The Illinois Housing Development Authority wants to help residents fight foreclosures. The group will host a homeowner outreach day from 9 a.m. to 1 p.m. Saturday at Mid Central Community Action, 1301 W. Washington St., Bloomington.
2008-05-28 06:14:05 -
BAA Annual Profit Jumps After Sale of Duty-Free Shops (Update1) (Bloomberg.com)
May 28 (Bloomberg) -- BAA Ltd., the world's biggest airport operator, said first-quarter profit jumped after the owner of London Heathrow sold its European chain of duty-free shops.
2008-05-28 06:21:22 -
US mortgage applications slipped in latest week-MBA - Forbes
United States - NEW YORK (Reuters) - Applications for U.S. home mortgages slipped for a second consecutive week as borrowing rates crept higher, according to data published by an industry group Wednesday. The Mortgage Bankers Association said its ...
2008-05-28 04:00:00