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- MONTGOMERY, Ala. - The Colonial BancGroup Inc. on Wednesday said it swung to a third-quarter loss as it wrote off millions in residential construction and mortgage loans, most tied to the hard-hit markets in Florida. For the three months ended Sept ...
- MADRID, Oct 23 (Reuters) - Israel Barragan and his wife Isabel Navarro are hoping for a good Christmas at their home and kitchenware store Piu e Piu in Madrid, but say even buoyant sales are unlikely to save the three-year-old business. They rely on ...
- Picture the scenario. Milan win a free-kick in a central position near the edge of the penalty area and, while panicked opponents fret over the construction of a defensive wall, the collision of egos begins. Ronaldinho senses the chance to chip into ...
- McDonald's Grows Fat on Lean Times, Both Stateside and in Europe Stocks Tumble on Worries About Earnings Credit Crunch Takes its Toll on Seattle Construction Circuit City May Close 150 Stores Kerkorian Sells Part of Ford Motor Stake KANSAS CITY, Mo ...
- LOS ANGELES--( BUSINESS WIRE )--Nara Bancorp, Inc. (the “ Company ” ) (NASDAQ: NARA), the holding company of Nara Bank (the “ Bank ” ), reported net income of $5.0 million, or $0.19 per diluted share, for third quarter 2008, compared to net ...
- I t's easy to complain right now. We are wondering which bank is going to fail next or whether gas prices will shoot up again. We're questioning how our businesses and jobs will survive. Workers are anxious and paranoid as the layoff process drags on ...
- Nara Bancorp, Inc. (the “ Company ” ) NARA , the holding company of Nara Bank (the “ Bank ” ), reported net income of $5.0 million, or $0.19 per diluted share, for third quarter 2008, compared to net income of $8.8 million, or $0.33 per ...
- Several major U.S. banks are leaning toward spending a portion of their federal rescue money on acquiring other financial firms rather than for issuing new loans, the primary purpose of the government's $250 billion initiative to invest in banks. J.P ...
- LONG BEACH, Calif.— The federal government should move swiftly to enact a second economic stimulus package to help teetering homeowners or face another possible crisis -- banks stuck with a massive stock of vacant homes, Gov. Arnold Schwarzenegger ...
- Company Announces Charges Related To First Private Loan Portfolio Sale, Non-Cash Charges Associated with Capital Plan and Goodwill Impairments BOSTON--( BUSINESS WIRE )--Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) today reported a third ...
- -- Strategic Management of Balance Sheet and Cost Control Efforts Contribute to another Quarter of Enhanced Core Operating Performance, Excluding Two Expenses -- LOS ANGELES--( BUSINESS WIRE )--Center Financial Corporation (NASDAQ:CLFC), the holding ...
- Ryland Group Inc.'s (RYL) third-quarter net loss widened as the company's operations continued to suffer from a weak housing market. The home builder and mortgage-finance company reported a net loss of $65.7 million , or $1.54 a share, compared with ...
- As work winds down on the pool project in Meeteetse, construction has started on the new pool in Powell. Changes in the design of the Meeteetse Pool have delayed the opening of that renovated facility until mid-November. The pool, being remodeled ...
- California's employment picture grew bleaker Tuesday, when AIG and Yahoo announced widespread layoffs as they struggle to cope with the worsening economy. American International Group Inc. issued a statement saying it was terminating nearly 7 percent ...
- Amid a worldwide collapse of real estate and credit markets, it may seem like an odd time to amend the state constitution to help developers finance luxury gated communities. A well-heeled coalition of developers and construction firms argues that ...
- SAN ANTONIO — A grandson of Mexican immigrants and a former mayor of this town, Henry G. Cisneros has spent years trying to make the dream of homeownership come true for low-income families. Erich Schlegel for The New York Times Henry G. Cisneros ...
- WASHINGTON -- Construction of new homes plunged by a bigger-than-expected amount in September as builders slashed production yet again, putting the country on track to build the fewest homes this year in more than six decades. A barometer of future ...
- WASHINGTON - Construction of new homes plunged by a bigger-than-expected amount in September as builders slashed production yet again, putting the country on track to build the fewest homes this year in more than six decades. A barometer of future ...
- Citizens of Taiwan could only be disappointed when Ma Ying-jeou delivered his first National Day address as Taiwan president last week. They elected him in March on promises of faster economic growth, more wealth and a brighter future. But Mr Ma’s ...
- TRENTON -- Gov. Jon S. Corzine laid out a sweeping financial rescue plan for New Jersey on Thursday that includes immediate assistance for homeowners facing foreclosure, tax breaks for businesses, and plans to create jobs by jump-starting highway and ...
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