H&R Block 2Q Losses Soar "While we incurred a painful loss in exiting these positions, we determined to take our lumps and move forward." KANSAS CITY, Mo. - H&R Block Inc., the nation's largest
Heartwell Mortgage to cease retail, wholesale operations Friday (WZZM 13 Grand Rapids) Heartwell Mortgage, the longtime lender based in Grand Rapids, says it will close its retail and wholesale operations as of this Friday. In a statement issuedread more...
Book Relates Interesting History of The Dakota in N.Y. read more...
Homebuilding Slowing Despite Katrina Boost The boost from rebuilding efforts after Hurricane Katrina won't be enough to stop homebuilding activity from slowing soon, experts say.read more...
Change your insurance as your life changes (Reg Req'd) Life changes, and so do life insurance needs. If you're single and just starting out, you may not need life insurance.read more...
Weak consumer spending behind slump in factory output British factories have suffered their sharpest slump in orders from UK customers for two years, according to a gloomy survey of the manufacturing sector published just days ahead of the
“They have a lot of debt that they need to service and in order to service that debt they need to have some cash coming in the door.”
As economic reports continue to show a struggling housing market, earnings figures from another luxury homebuilder Thursday did nothing to contradict them. Hovnanian Enterprises Inc. reported another loss in the third quarter, citing continuing problems of credit availability and high inventory.
Four consecutive quarterly losses, a 35 percent cancellation rate, fewer sales and contracts.
The company also said it would slash prices on homes across the country beginning late next week to try to sell off excess inventory. Read more
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