Dig This Coal Miner MINING IS DANGEROUS BUSINESS, but investors won't have to dig deeply to find the beauty in Walter Industries , a small coal and natural-gas producer based in Tampa, Fla.Commentread more...
First home buyers keen despite rate hike May's interest rate rise is unlikely to stop first home buyers from flooding the housing market, with finance-boosting tax cuts helping to cushion the blow.read more...
Builders prepared for boom to go bust The nationwide credit crunch has started to hammer the home-building industry in the Triangle.read more...
Thornburg Mortgage Swings To $3.31 Billion 1Q Loss (CBS News) Embattled mortgage lender Thornburg Mortgage is reporting a $3.31 billion loss for the first quarter, and says loan delinquencies are likely to continue to increase "modestly" for the rest of
Merrill Lynch to Take $15 Billion Mortgage Writedown, NYT Says (Bloomberg.com) Jan. 11 (Bloomberg) -- Merrill Lynch & Co., the third- largest U.S. securities firm, may write down $15 billion related to U.S. mortgage losses, almost twice its original estimate, the
Building biz is booming Morden Times , Home construction got off to a booming start in Morden this spring.read more...
“Recent fears that the consumer may be in trouble are starting to filter their way back into the market, and yesterday’s comments by Countrywide CEO Mozilo puts that theme in the spotlight”
US stocks were poised to open little changed today as investors nervously awaited fresh data, including new home sales for July, for clues on the health of the economy. via AdelaideNow…
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