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Business Digest (Reg Req'd) Wall Street offered a rousing welcome Thursday to Stockton-based Diamond Foods, driving its stock price on the first day of public trading to $21.05 a share, a hefty 23.8 percent
Liberty Reverse Mortgage sells for $50M (BizJournals) Genworth Financial Inc. is buying local reverse mortgage company Liberty Reverse Mortgage Inc. for $50 million.read more...
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Mortgage Losses Cripple Cleveland-Based Bank (NPR) National City, a major regional bank with headquarters in Cleveland, has been struggling with subprime mortgage losses. On Monday, the bank announced a huge capital infusion and watched its already
GMP Capital stock up sharply on plans to convert into an income trust GMP Capital Corp. is making a move - unprecedented among Canadian financial services firms - to convert itself into an income trust, a corporate structure that has spread like wildfire
Unveiling the Past: Couple carefully restore a neglected 1901 house... "It was the worst house in the community" The living room of the Harrises' home features a historically accurate fireplace mantel. via Detroit Free Press read more...