Mortgage and Financial News From 2008-3-6 Page 16

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  • MDS Reports First Quarter 2008 Results (PR Newswire via Yahoo! Finance)

    MDS Inc. , a leading provider of products and services to the global life sciences markets, today reported its first quarter 2008 results. For the quarter, MDS reported net revenues of $296 million, net income of $17 million and earnings per share from continuing operations of $0.14.
    2008-03-06 04:00:00

  • Credit Swaps Thwart Fed's Ease as Debt Costs Surge (Update2) (Bloomberg.com)

    March 6 (Bloomberg) -- Credit trading models used by Wall Street have gone haywire, raising company borrowing costs even as Federal Reserve Chairman Ben S. Bernanke cuts interest rates.
    2008-03-06 04:25:14

  • Rate rise to squeeze home owners

    News.com.au - The latest interest rate news and features More personal finance news in our Money section ... Although the Government cannot interfere in banks' decisions, Prime Minister Kevin Rudd hinted on breakfast television ...
    2008-03-04 06:06:00

  • Australians warned of threat to farming

    Financial Times - ... the prime minister, warned yesterday. His comments came as the Reserve Bank of Australia lifted the benchmark cash rate by 25 basis points to 7.25 per cent, its fourth increase in seven months. The central bank has pushed interest ... interest rate rise ...
    2008-03-04 09:05:00

  • Tower Group, Inc. Reports Strong Operating Results for the Fourth ...

    MSN MoneyCentral - The tax rate used to calculate the net realized gains or losses on investments ... investment portfolio by selling investments to reduce our exposures to sub-prime ... 558 Other operating expenses 21,487 14,957 77,319 53,675 Interest ...
    2008-03-06 03:05:00

  • New wave of risk aversion sweeps credit markets

    The Australian - ... in the credit system marks the latest fallout from the deflation of US housing values and the crisis in the sub-prime ... calm the short-term lending markets since the credit crisis started disrupting them last northern summer, including interest rate ...
    2008-03-06 05:07:00

  • Australia Raises Interest Rates

    Houston Chronicle - SYDNEY, Australia — Australia's central bank on Tuesday raised its key interest rate to the highest level ... Prime Minister Kevin Rudd said the rate hike came as a "double blow" for mortgage holders after last month's rise and renewed his vow to ...
    2008-03-04 12:01:00

  • Eurand Reports Fourth Quarter and Year-end 2007 Key Achievements and ...

    MSN MoneyCentral - AMSTERDAM, The Netherlands, March 6, 2008 (PRIME NEWSWIRE) -- Eurand N.V. (Nasdaq: ... solid growth in the fourth quarter and we are very pleased by the level of interest ... release contains translations of euros into U.S. dollars at a convenience rate of ...
    2008-03-06 05:00:00

  • Joy Global Inc. Announces Fiscal 2008 First Quarter Operating Results

    MSN MoneyCentral - MILWAUKEE, March 6, 2008 (PRIME NEWSWIRE) -- Joy Global Inc. (Nasdaq: ... This quarter's order rate was an all time record in our Joy underground equipment ... Operating income 111,171 93,982 Interest ...
    2008-03-06 04:09:00

  • HK Sun Hung Kai Props H1 net up 24.9 pct; underlying earnings up 17 ...

    Forbes - While it will concentrate on the prime cities of Beijing, Shanghai, Guangzhou and Shenzhen, it will selectively invest in ... housing market might slow in the near-term because of the difficulties that local banks have in matching further interest rate ...
    2008-03-06 03:41:00

  • Europe Runs Economically Hot And Cold

    Forbes - ... domestic products figures should make things doubly difficult for the central bank when it meets on Thursday to decide interest ... Preliminary figures released on Monday showed that eurozone inflation reached 3.2% in January, the highest rate recorded ...
    2008-03-04 11:36:00

  • European Stocks, U.S. Index Futures Decline; Asian Shares Rise

    Bloomberg - Stocks maintained their losses after the Bank of England kept its benchmark interest rate at 5.25 percent. ... Europe's biggest bank by assets ``likely'' sold its 25 billion francs ($24 billion) prime Alt-A portfolio in a ``fire ...
    2008-03-06 04:17:00

  • Canada cuts rate as economy cools

    BBC Business - Canada cuts rate as economy cools ... The Bank of Canada has cut interest rates and suggested more cuts might be needed to ... people unable to pay their mortgages has increased - especially in the sub-prime ...
    2008-03-04 08:44:00

  • Bank of Japan meets, chief to be named

    BusinessWeek - Meanwhile, the bank is largely expected to keep interest rates unchanged amid worries ... bank's governor seat may go vacant has alarmed some people, including Prime ... The preliminary reading for October-December GDP stood at an annual rate of 3.7 ...
    2008-03-06 05:35:00

  • CWB Reports Strong First Quarter Earnings on Record Total Revenues

    CNW Group - Additional factors that contributed to a lower margin included higher debenture interest costs from subordinated debentures issued in March 2007 and consecutive reductions in the prime lending rate. Reductions in short-term interest rates ...
    2008-03-06 05:28:00

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