Around the Nation U.S. prosecutors said Thursday they have agreed not to pursue criminal charges against MCI , the successor of telecommunications company WorldCom.read more...
Glued to the economy Fill out one simple form and receive up to 4 refinance offers within minutes from top-rated lenders.via
Bear Stearns, JPMorgan Hire for Japan Mortgage Bonds (Update1) (Bloomberg.com) U.S. Sept. 14 (Bloomberg) -- Bear Stearns Cos. the top underwriter of mortgage-backed debt in the U.S., and JPMorgan Chase & Co. are hiring in Japan, as a government lender
Wine Bar Coming to Cypress Station in Haven read more...
Sedona Realtor Gerrie Jakobs Presents Realistic Pricing in a Changing Marketplace Sedona, Arizona: Convincing sellers to price their home realistically is probably a real estate agent's greatest challenge in a changing market.Commentread more...
B E a U T y The gardens and villas of Tuscany, as pictured by Massimo Listri Photography is a means of capturing reality on film. via Bangkok Post read more...
“While our outlook for 2008 remains cautious, and we continue to expect slower earnings growth in the year ahead, we are not changing our fundamental approach to managing the business.”
American Express Co. said Monday its profit slumped nearly 10 percent in the fourth quarter as it set aside more money to prepare for cardholder defaults.
American Express’ customers tend to spend more and have stronger credit histories than the average cardholder, so the company looks better shielded against a tough 2008 than many other lenders. Still, investors appeared concerned that AmEx is girding for deteriorating credit conditions and slower U.S. spending.
American Express shares fell 2.7 percent in after-market trading, having risen $1.96, or 4.3 percent, to close at $47.40 Monday. Last week, its shares hit a four-year low. Read more
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