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Neiman agrees to $5.1 billion buyout (Reg Req'd)  Although Neiman Marcus is being sold, customers should expect the same dedication to selling luxury from the new owners, who include local investors and former Bass family advisers, management said


Government appoints head of mortgage finance working group (Reuters via Yahoo! UK & Ireland News)  The government will appoint former HBOS chief executive Sir James Crosby on Wednesday to head a working group on ways to improve the functioning of the country's mortgage markets.read more...


Modular Homes Attract Residents  Michael Brown's company has been building homes slower lately.It can take up to six months to build a home, roughly twice the time it took before Hurricane Katrina, due largely


American Home Mortgage Investment Corp. Prices an Offering of 9 Million Shares of Common Stock (PR Newswire via Yahoo! Finance)   American Home Mortgage Investment Corp. today announced that it has entered into an agreement with its underwriters to sell 9 million shares of its common stock in a public


Agency decides pay banding is not the answer  At least one federal agency has given up a broad pay banding system similar to ones proposed in recent personnel reform packages in favor of a pay grade structure resembling


Just Continue to Wait It Out  National home builders are suffering from lower stock prices right now and some investors might think it's time to buy buy buy.Forget it.While Centex, KB Homes and Lennar Corp., all

July 12th, 2005

Buying of scraps stopped in Ctg

The Chittagong Scrap Buyers Association on Tuesday stopped buying scrap iron from the ship-breaking yards for an indefinite period triggering rise in iron price in the market.

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