Mortgage and Financial News From 2007-10-18 Page 13

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  • Preferred Bank Reports Third Quarter 2007 Record Earnings of $7.2 Million (PR Newswire via Yahoo! Finance)

    Preferred Bank , an independent commercial bank focusing on the Chinese-American and diversified Southern California mainstream market, today reported net income for the quarter ended September 30, 2007.
    2007-10-18 01:00:00

  • Capital One Reports Third Quarter Earnings (PR Newswire via Yahoo! Finance)

    Capital One Financial Corporation today announced a net loss for the third quarter of 2007 of $81.6 million, or $0.21 per share . Earnings were $2.09 per share excluding the loss from discontinued operations of $898.0 million related to the shutdown of GreenPoint Mortgage announced in August 2007.
    2007-10-18 01:23:00

  • Hero Honda Q2 net down 5% on high input costs (The Hindu)

    New Delhi, Oct 18 Increased pressures on margins mainly due to high input costs has led to Hero Honda Motor Company on Thursday posting a five per cent decline in its net profit for the second quarter ended September 2007 as against the corresponding quarter last year.
    2007-10-18 12:30:07

  • INDICATORS - Lebanon - Updated Oct 18 (Reuters via Yahoo! Malaysia News)

    BEIRUT, Oct 18 - Below is a table of the latest Lebanese economic statistics.
    2007-10-18 02:38:07

  • Capital One Reports Third Quarter Earnings (FinanzNachrichten)

    MCLEAN, Va., Oct. 18 /PRNewswire-FirstCall/ -- Capital One Financial Corporation ( Nachrichten ) today announced a net loss for the third quarter of 2007 of $81.6 million, or $0.21 per share (diluted).
    2007-10-18 01:33:10

  • Forex - Danske Bank Comments BCB Kept Rates At All Time Low []

    RTT News - Forex - Danske Bank Comments BCB Kept Rates At All Time Low [] 10/18/2007 8:39:57 ... policy”." He stated that clearly the central bank has halted its current cycle ... Danish mortgage institutions put the mortgage loans on their books and finance them ...
    2007-10-18 05:32:00

  • McGraw-Hill's Profit Rises 18% on Education Sales (Update3)

    Bloomberg - Searby rates McGraw-Hill shares ``neutral'' and doesn't own any. ... markets and ``softness'' at the education unit will hurt results in the current ... Mortgage-Backed Securities New issues of residential mortgage-backed ...
    2007-10-18 09:21:00

  • Horizon Bancorporation, Inc. Announces Stock Re-Purchase Program

    Forbes - Such statements are based on management's current expectations and are subject to risks and uncertainties, which ... are regional and national economic conditions, competitive and regulatory factors, legislative changes, mortgage- interest rates ...
    2007-10-18 08:38:00

  • Mortgage Mess Takes Toll on WaMu's Results

    Smart Money - The subprime mortgage mess continued to wreak havoc on banks Thursday, when ... WM experienced significant rates of credit deterioration in the quarter, which if ... about the company's ability to grow and continue the dividend at its current level ...
    2007-10-18 12:35:00

  • Bank of Canada sees rates steady through 2009

    Calgary Herald - ... Reuters) - The Bank of Canada signaled on Thursday it expects to hold rates ... We think the current policy rate now is appropriate on the basis of that ... along with the still-unknown effect of fallout from the U.S. subprime mortgage ...
    2007-10-18 11:45:00

  • Healthcare Borrowers Emerge as Winners in Current Credit Crisis ...

    PR.com - ... much of a mood swing even if the central bank chooses to not to slash rates even ... in the economy reflects the central bank’s growing concern that the current ... housing owners, The Navigator Experience™ for senior housing brokers and mortgage ...
    2007-10-18 12:28:00

  • With euro at new high, pressure mounts for action on dollar.

    International Herald Tribune - ... to a new low against the euro Thursday as fresh evidence of losses in the mortgage ... at a time when the European Central Bank is considering when to raise rates again ... The comment alluded to the enormous U.S. current account deficit, whose sheer size ...
    2007-10-18 11:52:00

  • AXA Corporate Solutions Head Calls for Premium Stabilization (Insurance Journal)

    Jean-Paul Rignault, chief executive of AXA Corporate Solutions, called for premium rates to be stabilized if insurers are to achieve adequate pricing and the current soft market cycle, now taking hol
    2007-10-18 05:32:38

  • Bank of Canada sees rates steady through 2009 (Reuters via Yahoo! Canada News)

    The Bank of Canada signaled on Thursday it expects to hold rates steady through all of 2009, as weaker U.S. growth, a stronger Canadian dollar and tougher borrowing terms sap strength from the domestic economy.
    2007-10-18 11:32:00

  • UPDATE 1-US home loan demand climbs as rates hold steady

    Reuters - ... for home purchase loans as interest rates held steady, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage applications , which includes both purchase and refinance loans ...
    2007-10-17 03:53:00

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