Mortgage and Financial News From 2008-8-17 Page 01

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  • Stock & fund quotes - ninemsn

    Babcock & Brown Power Limited (BBP) said it would book writedowns in fiscal 2008 worth $452 million, sending its securities plunging 31%. The debt-laden specialist fund also confirmed its 2007/08 EBITDA guidance of between $330 million and $340 ...
    2008-08-17 08:53:00
  • Cramer Continues to Dig a Sirius Hole for Himself - Seekingalpha.com

    Sirius XM ( SIRI ) stock has been up several days in a row. Personally, I thought we’d see another Goldman Sachs downgrade following positive reports from Citigroup and Merrill Lynch last week. Instead Jim Cramer has made yet another appearance ...
    2008-08-17 09:07:00
  • KNM falls for 3rd day - Business Times Malaysia

    KNM Group Bhd, a Malaysian oil and gas services provider, fell for a third day in Kuala Lumpur trading on speculation the company will incur higher costs to fund the takeover of German components maker Borsig GmbH. The stock dropped 9 sen, or 5.5 per ...
    2008-08-17 10:19:00
  • On Mailing a Brick to McBama - Lewrockwell.com

    This is one of the funniest things I've seen in ages. This site shows you how to Use "Postage Paid" Envelopes to mail a brick to junk mailers! . You know those obnoxious "refinance your home" or credit card ... offers that you get in the mail? This ...
    2008-08-17 11:02:00
  • Walker's Woolworths bid spurned - Daily Telegraph

    Struggling retailer Woolworths yesterday issued a firm snub to Malcolm Walker's offer to buy the company's retail chain, branding it "unacceptable". The Sunday Telegraph reported yesterday that the founder of the Iceland frozen food chain had ...
    2008-08-17 05:04:00
  • PRESS DIGEST-Financial Times, Wall St Journal Asia editions - Reuters India

    SINGAPORE, Aug 18 (Reuters) - The Financial Times and the Wall Street Journal carried the following stories in their Asia print and/or Web site editions on Monday. Reuters has not verified these stories and does not vouch for their accuracy ...
    2008-08-17 05:54:00
  • Man Injured In Falmouth Bicycle Crash (WMTW Auburn)

    Falmouth Police are investigating a bicycle crash.
    2008-08-17 08:38:18
  • B&B Power shares plunge on outlook (The Mercury)

    BABCOCK & Brown Power (BBP) has declined to say whether expressions of interest in its business include a possible full takeover offer after it unveiled today $451 million in writedowns.
    2008-08-17 08:40:00
  • Belen Schools Closed Due To Weather Damage (KOAT Albuquerque)

    A severe hailstorm hit Belen Sunday, forcing cancellaltion of classes and causing damage to buses, homes, buildings and at least one school.
    2008-08-17 08:49:23
  • Patriots Blasted In Tampa Bay 27-10 Sunday Night (WMTW Auburn)

    The Patriots return to NEWS 8 on Friday night.
    2008-08-17 09:15:52
  • Water Main Break Shuts Down Highway (WYFF 4 Greenville)

    A water main break shut down part of Highway 9 in Boiling Springs.
    2008-08-17 09:29:40
  • Woolworths rejects Baugur break-up plan (Financial Times)

    Woolworths on Sunday rejected an attempt by Baugur, the Icelandic investment group that is its second-biggest shareholder, to break up the group and buy its stores.
    2008-08-17 10:42:10
  • Australia Market Report of August 18: Resource Sector Under Pressure - ABN Newswire

    Sydney, Aug 18, 2008 (ABN Newswire) - Wall Street ended a volatile week with a mixed showing on Friday as worries about credit markets and declines in most commodities, including oil and gold. The Australian share market closed flat on Friday with ...
    2008-08-17 07:06:00
  • Louisville's housing market - Courier-Journal

    The pop of housing bubbles in large coastal and other booming markets, combined with an associated financial crisis, have led to a daily blitz of negative reports in the national media. The rise in local mortgage foreclosures over the past few years ...
    2008-08-17 01:19:00
  • Forget one big rate cut; expect two or three smaller ones - The Age

    EVEN the dogs are barking that the Reserve Bank board is almost certain to cut the official interest rate in two weeks. But those expecting a cut of 50 basis points are barking up the wrong tree. You have to ask if Reserve governor Glenn Stevens ...
    2008-08-17 08:32:00