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Written By: texas on January 31, 2010 No Comment

Private equity funds go to bankroll builders
Take a risk. Place some money on the line. See what happens. It’s a scenario that plays out daily in this gambling mecca. But even by Las Vegas standards, some of the riskiest action last week was happening far from the shimmery din of slot machines and blackjack tables.

Written By: texas on January 30, 2010 No Comment

Nailed by recession, home remodelers look to rehab results in 2010
Home remodelers that have been hammered by the recession can look forward to better times in 2010. Forecasters say the home improvement and fix-up business should pick up this year after a 25 percent slide in activity since 2007.

Written By: texas on January 29, 2010 No Comment

/SECOND AND FINAL ADD — DA41365 — Comerica Incorporated Earnings/
9 Â Â – Â Â – Â Â 9 Â Â – Â Â – Â Â 5 Â Â – Â Â Total loans 42,753Â 425 Â Â 3.95 Â Â 44,782 Â Â 445 Â Â 3.94 Â Â 51,338 Â Â 614 [...]

Written By: texas on January 28, 2010 No Comment

Capital One Reports Fourth Quarter 2009 Net Income of $375.6 million, or $0.83 per share (diluted)
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Written By: texas on January 27, 2010 No Comment

BancorpSouth Announces Earnings of $0.23 per Diluted Share for Fourth Quarter 2009 and $1.25 for Full Year
BancorpSouth, Inc. today announced financial results for the quarter and year finished December 31, 2009.

Written By: texas on January 26, 2010 No Comment

U.S. Bancorp Reports Net Income for the Fourth Quarter of 2009
MINNEAPOLIS—-U.S. Bancorp today reported net income of $602 million for the fourth quarter of 2009, or $.30 per diluted common share. Earnings for the fourth quarter were driven by record total net revenue of $4.4 billion, the result of strong year-over-year growth in both net [...]

Written By: texas on January 25, 2010 No Comment

National 30-Year Fixed Mortgage Rate Falls Back under 5.00%
RISMEDIA, January 18, 2010—The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages decreased six basis points last week to 4.99%, down from 5.05% the week prior, according to the Zillow Mortgage Rate Monitor, compiled…

Written By: texas on January 24, 2010 No Comment

Reviving Down-Payment-Help Program Faces FHA Opposition
Jan. 21 (Bloomberg) — The U.S. Federal Housing Administration , facing as much as $14 billion in losses from a down-payment-help program terminated in 2008, is seeking to block efforts to bring it back.

Written By: texas on January 23, 2010 No Comment

Transportation blog: Is NTTA really broke? And, what about the Trinity, anyway?
Currently, NTTA has enough extra revenue – on top of all of its expenses, considerable payments to its reserves, debt payments and everything else – to borrow $400 million against its existing toll projects’ expected revenues. But $400 million isn’t enough to build even [...]

Written By: texas on January 22, 2010 No Comment

Bids due Friday could help free MGM from debt
Time Warner Inc. and Lions Gate Entertainment Corp. are among the likely bidders to rescue the famed yet perennially troubled Metro-Goldwyn-Mayer Inc., the studio whose lion roars before every movie. The eventual winner would gain the right to make new James… Metro-Goldwyn-Mayer – Time Warner – Lions [...]

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