Home prices fall in some U.S. cities, but not here Home prices in the first quarter fell in several U.S. cities for the first time in at least 15 years, more proof that the Federal Reserve is winning its campaign
Two plead guilty in mortgage-fraud case (CNews) Two of six people charged in what is believed to be the largest mortgage-fraud case ever in Alberta entered guilty pleas Friday.read more...
What some of the stock market terms really mean A: I plead guilty to sometimes using stock market lingo without fully explaining the terms.via
Farmer Mac Announces Global Debt Program The Federal Agricultural Mortgage Corporation , the Congressionally chartered secondary market for agricultural real estate and rural housing mortgage loans, has announced the formation of a global debt program ...via
Dining Guide THE INSURGENCY INSIDE It takes a workforce of one to protect a building. But show L.A.'s security guards DIRTY BUSINESS Lacking health insurance and tired of working for peanuts, janitors
Takeover of CRA May Spur Commercial Growth read more...
“If earnings fall short on an aggregate basis, it may be a concern for the markets. You’re already seeing smoke signals starting to appear that would indicate lackluster performance in certain sectors.”
After nearly four years of stratospheric profit growth for Standard & Poor’s 500 companies, investors are about to see earnings come back down to earth.
Hundreds of other U.S. companies including such big names as Citigroup Inc., Intel Corp. and Caterpillar Inc. are scheduled to issue their quarterly reports in the coming days. This will be the first time in 19 quarters that companies within S&P’s flagship index won’t even come close to reaching double-digit profit growth.
Earnings growth for the first three months of the year is expected to slump to 3.8 percent, and likely grow 6.7 percent for the year, according to Thomson Financial. That’s down from 8.9 percent growth in the fourth quarter, when companies barely missed the double-digit mark. Read more
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