Mortgage and Financial News From 2007-11-7 Page 14

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  • Inter Parfums, Inc. Reports Record Third Quarter Results

    Forbes - ... from $89.7 million; at comparable foreign currency exchange rates, net ... The current third quarter sales increase reflects the staged rollout of new ... Interest expense 945 311 2,160 830 (Gain) loss on ...
    2007-11-07 01:06:00

  • Europe, U.K. Expected To Hold Key Rates Steady

    Wall Street Journal - ECB watchers say they don't expect the central bank to increase its target for the refinance rate from the current 4% tomorrow, but they do expect it to signal a future increase in interest rates. "We would expect the ECB council to retain a ...
    2007-11-07 04:52:00

  • Editorial Comment: Still squeezed

    Financial Times - ... in the credit markets, through their failure to come clean on losses due to the current turmoil, are taking the latter option and risk making the squeeze more painful than it need be. Despite a cumulative 75 basis point cut in US interest rates ...
    2007-11-07 01:27:00

  • China Diversification Talk Deals Sharp Blow to Dollar

    Wall Street Journal - ... out of the greenback, but remained sharply down, under pressure from pricey oil, slumping stocks and expectations that U.S. interest rates are headed lower than those in Europe. "The single most important factor that differentiates the current dollar ...
    2007-11-07 12:15:00

  • McGuinty calls for lower interest rates to curb soaring loonie

    Globe and Mail - TORONTO — Ontario Premier Dalton McGuinty called for lower interest rates to clip the loonie's wings Wednesday, saying ... The current federal interest rate policy caters to the “super-heated” economies of western, oil-rich provinces rather than an ...
    2007-11-07 12:58:00

  • Fitch Rates Banco de Reservas de la Republica Dominicana Long-Term IDR ...

    Forbes - Fitch rates Banco de Reservas de la Republica Dominicana, Banco de Servicios ... would require even tighter cost-control policies in order to preserve the current ... Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall ...
    2007-11-07 12:44:00

  • Bosses in call on interest rate (Coventry Evening Telegraph)

    BUSINESS bosses are urging the Bank of England's Monetary Policy Committee (MPC) to see beyond the "fog of the current credit crisis" when it decides on interest rates tomorrow.
    2007-11-07 05:46:19

  • RBA ups interest rates, tips more rises (Hastings Gazette)

    The Reserve Bank of Australia (RBA) has lifted interest rates for first time during an election campaign and left the door open for a further increase in the months ahead.
    2007-11-06 09:38:23

  • McGuinty calls for lower interest rates to curb soaring loonie (MSN Money Canada)

    TORONTO - The meteoric rise in the Canadian dollar is hurting Ontario more than other provinces and the federal government should lower interest rates to clip the loonie's wings, Premier Dalton McGuinty said Wednesday as the dollar continued to break records.
    2007-11-07 09:56:55

  • McGuinty wants interest rates cut to slow loonie (CTV.ca)

    The federal government should lower interest rates to curb the surging loonie, which is hurting Ontario more than any other province, Premier Dalton McGuinty said on Wednesday.
    2007-11-07 09:47:17

  • Stewart Title of California Names Gardea as District Manager

    Business Wire - ... information services required for settlement by the real estate and mortgage ... Stewart also provides post-closing lender services, automated county clerk ... Vegas Spas/Salon Travel Weddings Wine Old Town Baja Catering Casino Home Imp. Golf SD North ...
    2007-11-07 07:43:00

  • WaMu expects billions in credit losses for 2007

    Marketwatch - More staff cuts at lender are possible, as mortgage volume may keep sinking ... During presentations, the savings and loan cited Fannie Mae data that suggest U.S. mortgage origination in ...
    2007-11-07 11:25:00

  • Royal Bank, Barclays May Post $4.4 Billion Writedown (Update1)

    Bloomberg - A jump in borrowing costs, spurred by the collapse of the U.S. subprime mortgage market, has led banks including UBS AG ... A decline in shares of Barclays, the U.K.'s third-largest bank, and Royal Bank, the country's second-biggest lender, has ...
    2007-11-07 04:16:00

  • NY state investigation of mortgage conflicts hits Fannie Mae, Freddie ...

    Seattle Post Intelligencer - ... in his investigation into what he claims are conflicts of interest in the mortgage ... pressured appraisers to provide inflated values that best served the lender's ... Fannie Mae and Freddie Mac were created by Congress to make home ownership ...
    2007-11-07 10:57:00

  • Citigroup SIVs Risk Cut in $33 Billion Moody's Review (Update1)

    Bloomberg - SIVs borrow in the short-term commercial paper markets to invest in longer-dated securities ranging from mortgage bonds to bank debt. WestLB AG, the German state-owned lender, may have the top Prime-1 short-term credit ratings downgraded ...
    2007-11-07 12:23:00

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