Mortgage and Financial News From 2007-9-5 Page 13

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  • Bank of England offers more money in its monthly market operation ...

    International Herald Tribune - The bank's monthly market operations are designed to help banks maintain reserve targets on the last day of its maintenance period, which is the day before an interest rate decision — the bank is widely tipped to leave official interest rates on ...
    2007-09-05 06:23:00

  • Tyson Cuts Forecast on Higher Cattle, Hog Expenses (Update1)

    Bloomberg - Profit in the year ending Sept. 30 will be 72 cents to 80 cents a share, Springdale, Arkansas-based Tyson Foods said today in a Prime Newswire statement. On July 30, the company had increased its forecast to 82 cents to 92 cents. ``The ...
    2007-09-05 06:45:00

  • Canadian Pacific to Buy Dakota Rail for $1.48 Billion to Expand in ...

    Bloomberg - Sept. 5 (Bloomberg) -- Turkey's state oil company plans to invest $3 billion over 10 years in Iran's South Pars natural-gas field, company head Mehmet Uysal said. Turkiye Petrolleri AO plans to extract 20 billion cubic meters of gas per year at three ...
    2007-09-05 07:21:00

  • Europe Gasoline Rises on Concern About U.S. Refinery Production

    Bloomberg - Sept. 5 (Bloomberg) -- European gasoline rose for a second day on concern planned maintenance by refiners in the U.S. will slow the production of gasoline in coming weeks, boosting demand for exports from Europe. Supplies of gasoline in the U.S. are ...
    2007-09-05 07:21:00

  • Judge Says Everyone in U.K. Should Be Included in DNA Database

    Bloomberg - The idea promises to stir an argument about the tradeoff between security and civil liberties that raged when Tony Blair pushed for a national identity card during his final years as prime minister. Britain's 12-year-old DNA database contains ...
    2007-09-05 08:18:00

  • Treasury official: Subprime upheaval not over

    CNN Money - And further bolstering the argument for an interest-rate cut, Fed directors, in minutes released Tuesday from three discount rate meetings from July 9 to Aug. 6, said a contracting U.S. housing market posed a risk to growth. Also Tuesday, the Fed and ...
    2007-09-05 10:55:00

  • Vienna shares close lower led down by profit-taking in financials, OMV ...

    Forbes - VIENNA (Thomson Financial) - Shares closed sharply lower led down by profit-taking in OMV after recent gains and financials as concern about the US sub-prime fallout intensified and ahead of tomorrows interest rate decision by the European Central ...
    2007-09-05 10:12:00

  • Vinci reassures on interest rate, sub-prime impact

    Forbes - PARIS (Thomson Financial) - Vinci chief financial officer Christian Labeyrie today sought to calm speculation over the group's exposure to the US sub-prime crisis and tightening credit conditions, notably highlighting the group's effective hedging ...
    2007-09-05 04:07:00

  • Stevens' luck should last . . . (Herald Sun)

    RESERVE Bank governor Glenn Stevens got lucky. The US sub-prime meltdown has delivered a virtual reality interest rate increase, writes Terry McCrann .
    2007-09-05 07:00:00

  • Euro slips on eve of European rate calls (Zawya)

    LONDON, Sept 5, 2007 (AFP) - The euro eased lower against the dollar on Wednesday in rangebound trading on the eve of key interest rate decisions in both the eurozone and Britain, dealers said.
    2007-09-05 06:14:02

  • Rate rises on fixed-term savings (Channel 4)

    Interest rates paid on fixed term savings accounts have surged as banks and building societies look for alternative forms of funding. Moneyfacts said the interest rates paid on fixed rate bonds had jumped by as much as 0.55%, with market leading deals of 6.85% now available.
    2007-09-05 09:18:03

  • Central bank holds steady on interest rate (The Globe and Mail)

    Ottawa — The global credit crunch has shoved the Bank of Canada to the sidelines, prompting the central bank to hold its key lending rate at 4.9 per cent instead of hiking.
    2007-09-05 06:16:25

  • Euro slips on eve of European rate calls (AFP via Yahoo! News)

    The euro eased lower against the dollar in rangebound trading on the eve of key interest rate decisions in both the eurozone and Britain, dealers said Wednesday.
    2007-09-05 04:21:16

  • Vinci reassures on interest rate, sub-prime impact (Sharewatch)

    PARIS (Thomson Financial) - Vinci chief financial officer Christian Labeyrie today sought to calm speculation over the group's exposure to the US sub-prime crisis and tightening credit conditions, notably highlighting the group's effective hedging policy and the quality of its investments.
    2007-09-05 03:15:39

  • Today's Top Stories

    WBZ-AM - Bush says new tax relief and the ability to refinance adjustable rate mortgages could help many Americans who are in danger of losing their homes. Democrats renew call to bring troops home An Illinois Democrat is repeating a call for troop withdrawal ...
    2007-09-03 03:23:00

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