AP – GOLD PLAY: Gold prices settled up just 20 cents at $1,237.90 Friday after hitting $1,244.20 an ounce earlier in the day due to developing economic news. Many traders are trying to determine if the economic environment is favoring risk or if safe-havens such as gold are a better bet. Read More Summary Box [...]
Posted in Blog | Tagged ap, box, commodities, higher, mostly, summary
Reuters – Top U.S. automakers General Motors Co and Ford Motor Co reported an increase of 5 percent in July sales from a year earlier, results they said pointed to a slow but steady turnaround for the battered sector in the third quarter. Read More Higher GM and Ford sales point to steady [...]
Posted in Blog | Tagged and, ford, gm, higher, point, recovery, reuters, sales, steady, to
Reuters – New York has sued Bank of America Corp and its Merrill Lynch & Co unit over the companies’ merger and Merrill’s subprime mortgage exposure, hoping to recover more by suing on its own than by joining existing class-action litigation. Read More NY sues BofA, Merrill to pursue higher award
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Posted in Blog | Tagged award, bofa, higher, merrill, ny, pursue, reuters, sues, to
AP – The Emirates’ market watchdog is calling on Aabar Investments’ top shareholder to boost its offer to buy out minority shareholders by more than a third. Read More UAE regulator urges higher buyout offer for Aabar
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Posted in Blog | Tagged aabar, ap, buyout, for, higher, offer, regulator, uae, urges
AP – Higher monthly fees may be in the works for consumers who take out home loans guaranteed by the Federal Housing Administration, the primary source of mortgages for first-time homebuyers. Read More House OKs plan for higher govt mortgage fees
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Posted in Blog | Tagged ap, fees, for, govt, higher, house, Mortgage, oks, plan
AP – FEES MAY RISE: Consumers who take out home loans guaranteed by the Federal Housing Administration could soon pay higher fees after House lawmakers approved a bill giving the agency power to hike monthly premiums. Read More Summary Box House OKs higher govt mortgage fees
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Posted in Blog | Tagged ap, box, fees, govt, higher, house, Mortgage, oks, summary
AP – RATES : Rates on 30-year fixed mortgages ticked up from the lowest level of the year this week, rising to 4.79 percent from 4.78 percent last week. Read More Summary Box Mortgage rates inch higher this week
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AP – Asian stock markets were mostly higher Monday as investors shrugged off more sobering news about Europe’s shaky finances amid new signs Asia’s economies are continuing to recover.
Read More Asian shares mostly higher despite Spain downgrade
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AP – Data storage company 3Par Inc. posted a smaller net loss for its fiscal fourth quarter Tuesday as revenue rose amid the improving economy. Read More 3Par posts smaller 4Q loss, higher revenue
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Posted in Blog | Tagged 3par, 4q, ap, higher, loss, posts, revenue, Smaller
