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AIG Mulls IPO of its Aircraft Leasing Unit Tuesday, July 19, 2011 @ 5:55PMAmerican International Group Inc. is pondering an IPO of its aircraft leasing unit, International Lease Finance Corp., in the recent future.
Taubman Centers Announces Second Quarter Results Tuesday, July 19, 2011 @ 4:00PM-
Comerica Reports In Line Tuesday, July 19, 2011 @ 3:45PMComerica Inc. reported second quarter 2011 earnings of 53 cents per share, in line with the Zacks Consensus Estimate.
EnerCom, Inc. to Host the Oil & Gas Conference® 16 August 14-18, 2011 Tuesday, July 19, 2011 @ 12:00PMEnerCom, Inc. will host The Oil & Gas ConferenceÂ® 16 at the Westin Denver Downtown on August 14-18, 2011 in Denver. Â The Conference is the oldest and largest energy investment conference hosted in Denver, showcasing more than 100 presenting companies over four days with a combined enterprise value of approximately $1.5 trillion.
BH Macro Limited - Monthly Shareholder Report Tuesday, July 19, 2011 @ 10:19AMBH Macro Limited - Monthly Shareholder Report
BH Global Limited - Monthly Shareholder Report Tuesday, July 19, 2011 @ 10:13AMBH Global Limited - Monthly Shareholder Report
Tuesday's Biz roundup: McCormick & Schmick's new investor, Borders poised for liquidation Tuesday, July 19, 2011 @ 9:05AMA recap of the morning's top business stories.
North's property market may be set for a shake-up as Nama prepares to move in Monday, July 18, 2011 @ 6:48PMBELFAST BRIEFING:It looks like Nama is not the only one keeping a close eye on the property market
You thought housing was in the tank? Monday, July 18, 2011 @ 5:04PMCommercial real estate broker Cathy Jones chuckles when she says the Las Vegas market is bouncing along the bottom. How many times have we heard that?
LCNB Corp. Reports Financial Results for the Three and Six Months Ended June 30, 2011 Monday, July 18, 2011 @ 1:26PMLCNB Corp. today announced net income available to common shareholders of $1,992,000 and $4,294,000 for the three and six months ended June 30, 2011, respectively. This compares to $2,752,000 and $4,964,000 for the same three and six-month periods in 2010.
Facade improvement plan progressing Monday, July 18, 2011 @ 12:06PMMASON CITY - The City Council will be asked Tuesday night to approve Main Street Mason City as the project manager to oversee a $150,000 revolving loan fund for facade improvements downtown.
First South Bancorp, Inc. Reports June 30, 2011 Quarterly and Six Months Operating Results Monday, July 18, 2011 @ 11:21AMFirst South Bancorp, Inc. , the parent holding company of First South Bank , reports its unaudited operating results for the quarter ended June 30, 2011, and for the six months ended June 30, 2011.
Brokerages: forced to adapt Monday, July 18, 2011 @ 11:19AMFor a quick insight into fundamental changes roiling the brokerage industry, consider Edelweiss, a stalwart of the broking arena, with 70% of its business originating in bread-and-butter equities.
Ditching the Euro Not an Option for the Greeks Monday, July 18, 2011 @ 10:31AMAs Athenians tally the cost of last month's riots, most Greeks acknowledge that the price of keeping the euro is more sacrifice for a country with a history of hardship
Landlords urged to protect themselves from fraud Monday, July 18, 2011 @ 9:41AMLandlord Assist is urging landlords to check that their properties are correctly registered with the Land Registry to help protect them from registration fraud and identity theft.
Ithaca Fraternity is First in New York to use Home Performance with ENERGY STAR Financial Incentives for Energy ... Monday, July 18, 2011 @ 9:11AMWork by ASI Energy of Ithaca will reduce heating/cooling loss by more than 20 percent, for a savings of $1,100 per year. (PRWeb July 18, 2011) Read the full story at http://www.prweb.com/releases/asienergy/nyserda/prweb8644365.htm
The Zacks Analyst Blog Highlights: Nexen, Suncor Energy, The Goldman Sachs Group, Ocwen Financial and Morgan Stanley Monday, July 18, 2011 @ 8:30AMZacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
Zacks Bull and Bear of the Day Highlights: Huntington Bancshares, Genworth Financial, Public Service Enterprise Group ... Monday, July 18, 2011 @ 8:30AMZacks Equity Research highlights Huntington Bancshares Inc. as the Bull of the Day and Genworth Financial as the Bear of the Day. In addition, Zacks Equity Research provides analysis Public Service Enterprise Group Inc.
PacWest Bancorp Announces Results for the Second Quarter of 2011 Monday, July 18, 2011 @ 8:00AM--Net Earnings of $12.8 Million-- --Net Interest Margin Increases to 5.57%-- --Credit Loss Reserve at 3.52% of Net Non-Covered Loans and 157% of Non-Covered Nonaccrual Loans-- --Noninterest-Bearing Deposits at 36% of Total Deposits and Core at 76%-- --Tangible Common Equity Increases 7.2% or $30.5 million--
Schwab Reports Second Quarter Net Income Up 16% Year-Over-Year Monday, July 18, 2011 @ 7:45AMThe Charles Schwab Corporation announced today that its net income was $238 million for the second quarter of 2011, up from $205 million for the second quarter of 2010. For the six months ended June 30, 2011, the company’s net income was $481 million, which was 43% higher than the $337 million earned in the year-earlier period excluding certain charges relating to the Schwab YieldPlus Fund® and ...
Four More CRE Lenders Fail Monday, July 18, 2011 @ 7:19AM55 banks have now failed across the country with the addition of four more at the close of business last Friday. CRE loans accounted for 79% of the total lending made by the four institutions and most of that was for nonresidential properties. Combined, the four banks held $158 million in distressed or delinquent CRE assets - about 23% of their total assets. In Georgia, Ameris Bank in Moultrie ...
MGIC Swings to $151.7 Million Loss as Mortgage Insurer’s Claims Costs Jump Monday, July 18, 2011 @ 6:28AMMGIC Investment Corp. (MTG) , the largest U.S. mortgage insurer, swung to a loss as claims costs climbed. The second-quarter net loss of $151.7 million, or 75 cents a share, compares with profit of $24.6 million, or 13 cents, a year earlier, the Milwaukee-based company said today in a statement.
Grant to aid new Pottstown businesses in the works Monday, July 18, 2011 @ 12:49AMPOTTSTOWN — From lemons, lemonade? It may be too soon to say, but a borough council at odds with its mayor and some county commissioners over requests for county revitalization funding may have endorsed last week a suggestion upon which everyone can agree.
Analysis - China's big banks cushioned from local govt debt Monday, July 18, 2011 @ 12:13AMBy Kelvin Soh and Terril Yue Jones
Local ties: Former Fla. Sticky Fingers to be Poe's Sunday, July 17, 2011 @ 11:28PMTwo restaurant concepts launched in the Charleston region have crossed paths a few hundred miles down the coast.
Six reasons why your home loan can be REJECTED Sunday, July 17, 2011 @ 11:19PMIf you are planning to buy a house in the near future, make sure you start exploring pre-conditions you will need to satisfy to apply for home loan and be prepared about the same.
Real estate body must build sector Sunday, July 17, 2011 @ 10:53PMThe Viet Nam Real Estate Association (VNREA) should expand its role in developing the domestic real estate market, said Deputy Prime Minister Hoang Trung Hai.
Record S&P 500 Return on Equity Over Bond Yields Spurs M&A Bulls Sunday, July 17, 2011 @ 6:48PMStandard & Poor’s 500 Index companies are returning more than ever in earnings compared with their borrowing costs, a signal that takeovers and capital spending will help investors overcome a slowing U.S. economy.
PowerGrid plans investment of R17,000 crore, mulls ECBs Sunday, July 17, 2011 @ 6:37PMAs a part of its transmission network expansion plan, PowerGrid Corporation of India has proposed an investment outlay of R17,000 crore for implementation of various projects during the current financial year.
The rule of “build less – prices are higher” in Moscow no longer works: experts Sunday, July 17, 2011 @ 3:58PMBy midsummer 2011 the real estate market of Moscow and Russia was again at a crossroads, as, indeed, the entire macro-economic situation in general. The first half of 2011, it would seem, finally convinced everyone that the crisis is over, reminded the correspondent BakuToday in the analytic center IRN.ru.
‘Moment of destiny’ for euro? Sunday, July 17, 2011 @ 2:58PMEurozone leaders will meet in Brussels on Thursday for an emergency summit whose main aim will be to agree on a second bailout package for debt-burdened Greece as it becomes increasingly obvious that the current system of providing interest-bearing loans to Athens in return for austerity measures and structural reforms is not viable for much longer.
Libraries torn as public need soars, public funding tightens Sunday, July 17, 2011 @ 5:08AMLoading Photo Galleries ... Rick Johnson of Yonkers works at a quiet study area at the Yonkers Public Library's Riverfront branch at 1 Larkin Plaza. / Joe Larese/The Journal News
Q&A: I Unnikrishnan, MD, Manappuram Finance Sunday, July 17, 2011 @ 4:49AMIn the last four-five years, the gold loan market has been transformed. In an interview with Dilip Kumar Jha , I Unnikrishnan , Managing Director, Manappuram Finance, says from customers pledging jewellery as a last resort for funds, there is now extensive interest in the sector.
Price and Um: From college to company ownership Sunday, July 17, 2011 @ 2:30AMBefore they became two of Western Washington’s most prolific real estate developers, Tom Price and Hyun Um were college roommates at Central Washington University in Ellensburg.
Nearly every American would be affected if nation defaults Sunday, July 17, 2011 @ 12:21AMWASHINGTON - Horror stories are flying about the damage that might be wreaked should Congress and President Barack Obama fail to cut a deal by the Aug. 2 deadline to increase America's borrowing limit. Talk about this topic
New Jacksonville mayor seeks quickened pace to compete for jobs Saturday, July 16, 2011 @ 11:03PMThe economy was riding high in 2006 when Jacksonville City Hall approved an incentive policy for attracting businesses and their jobs.
Struggling goat farm owner evicted Saturday, July 16, 2011 @ 10:00PMYears of debt problems culminate in farmer's forced removal from fledgling dairy. At first glance, it looked like a scene plucked from a Michael Moore movie about corporate America sticking it to the little guy.
Debt Ceiling Crisis Looms: Economic Outlook Grim If No Deficit Deal Reached Saturday, July 16, 2011 @ 10:42AMWASHINGTON Horror stories are flying about the damage that might be wreaked should Congress and President Barack Obama fail to cut a deal by the Aug. 2 deadline to increase America's borrowing limit. Nearly every American is in harm's way, either directly or indirectly.
Forum focuses on aging Friday, July 15, 2011 @ 10:53PMThe baby boomers continue to leave their mark on the world -- now as the older generation.
Auction house sells debt on Tucson's Plaza Palomino Friday, July 15, 2011 @ 8:55PMRecent online auctions tied to commercial properties in Tucson clearly illustrate just how eager banks are to dump bad debt.
HOUSING: Foreclosure auctions getting pricey Friday, July 15, 2011 @ 8:28PMCompetition at foreclosure auctions has become fierce in 2011 as more bidders battle over fewer properties, according to analysts and pricing data.
State facing €7m bill as McKillen wins costs Friday, July 15, 2011 @ 7:01PMTHE STATE is facing a legal costs bill estimated at up to €7 million following property investor Paddy McKillen’s successful legal challenge to the proposed acquisition by the National Assets Management Agency of about €1.4 billion in loans of his companies.
Muthoot Fin unveils loan for gold ETFs Friday, July 15, 2011 @ 3:35PMMuthoot Finance on Friday launched loan against gold exchange-traded funds.
New Hampshire Thrift Bancshares, Inc. Announces Earnings for Second Quarter Friday, July 15, 2011 @ 2:33PMNEWPORT, NH--(Marketwire - 07/15/11) - New Hampshire Thrift Bancshares, Inc. (the Company) (NASDAQ: NHTB - News ), the holding company for Lake Sunapee Bank, fsb (the Bank), today reported consolidated net income for the six months ended June 30, 2011 of $4,025,140, or $0.65 per common share (assuming dilution), compared to $3,723,971, or $0.60 per common share (assuming dilution), for same ...
Loans on 30+ S.I. acres sell for $13.5M Friday, July 15, 2011 @ 1:00PMSenior loans for two major development sites in Staten Island were recently snapped up at a deep discount in an all-cash, $13.5 million deal. Sources say the buyer was Melohn Properties Inc. In December, brokerage Massey Knakal Realty Services began marketing the non-performing notes on a 1.8-acre site in St. George and a 30-acre piece of waterfront property on the South Shore on behalf of ...
Nordea Shares Show Benefit of Capital Rules Friday, July 15, 2011 @ 12:32PMJamie Dimon says rules for systemically important global banks that would increase JPMorgan Chase & Co.’s capital requirements by about one-third will hurt profits, investment returns and the U.S. lender’s future growth.
Citi Profit Jumps 24 percent, Beats Forecasts Friday, July 15, 2011 @ 10:37AMRevenue from Citi's securities unit fell 8 percent from last year, but overall the bank's second-quarter profit jumped 24 percent as it lost less money than expected on bad U.S. loans.
One Reverse Mortgage Receives Ginnie Mae HECM Reverse Mortgage-backed Securities Certification Friday, July 15, 2011 @ 9:00AMOne Reverse Mortgage LLC, the nation's largest reverse-only mortgage lender and second largest retail reverse mortgage lender, today announced it has received approval from the Government National Mortgage Association to participate in the agency's Mortgage-Backed Securities program.
Sweltering in China's housing heat Friday, July 15, 2011 @ 8:29AMData collected from dozens of major cities shows a Chinese housing bubble clearly does exist, and is especially pronounced in the boom towns. 15 Jul 2011 11:08 PM
Arrow Reports Solid Second Quarter Operating Results and Strong Asset Quality Ratios Friday, July 15, 2011 @ 7:43AMArrow Financial Corporation announced operating results for the three and six-month periods ended June 30, 2011. Â Net income for the second quarter of 2011 was $5.8 million, representing diluted earnings per share of $.51, as compared to net income of $5.7 million and $.50 diluted EPS for the second quarter of 2010, an increase of $.01 per share or 2.0%. Â The cash dividend paid to shareholders ...