Business HighlightsTuesday, July 19, 2011 @ 5:32PM___
Yahoo! Reports Second Quarter 2011 ResultsTuesday, July 19, 2011 @ 3:05PMYahoo! Inc. today reported results for the quarter ended June 30, 2011.
Home construction jumps in June after dismal springTuesday, July 19, 2011 @ 10:00AMWASHINGTON (AP) — Builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 629,000 homes last month, a 14.6 percent increase from May. ...
BofA Posts Record Quarterly Loss on Costs of Bad Home LoansTuesday, July 19, 2011 @ 7:12AMBank of America Corp. posted the biggest quarterly loss in the lender’s history after Chief Executive Officer Brian T. Moynihan booked more costs tied to defective mortgages and revenue continued to slide.
Bank of America Has Record Loss on Bad LoansTuesday, July 19, 2011 @ 6:39AMBank of America Corp. (BAC) posted the biggest quarterly loss in the lender’s history after Chief Executive Officer Brian T. Moynihan booked more charges tied to defective mortgages and improper loan servicing.
Is it a good time to be a buyer or seller of agricultural land?Monday, July 18, 2011 @ 1:50PMA number of factors have come together to provide unique circumstances that can be beneficial for both buyers and sellers of agricultural land. Strong demand for land, interest rates at almost all time lows and long term federal capital gains tax rates not seen since 1933 are all involved.
Mid-Day Update: Stocks Broadly Lower as Sovereign Debt Concerns Flood Street; Gold GainsMonday, July 18, 2011 @ 11:46AMHere's where markets stand at mid-day: -NYSE down 139.15 (-1.69%) to 8,087.89 -DJIA down 174.49 (-1.4%) to 12,305.24 -S&P 500 down 19.45 (-1.48%) to 1,296.69 -Nasdaq down
Steve Forbes Interview: Restructuring Expert Harry WilsonMonday, July 18, 2011 @ 11:18AMWilson's Background[forbesvid id="fvn/inidaily/ini-fullvideo-harry-wilson-greece-debt-ceiling-moodys-credit-rating" showid="80"]Steve Forbes: Harry, very nice of you to join us. Harry Wilson: Thanks for having me. Forbes: Before we get into specifics of debt crises and the like, can you describe your background of being a work out specialist and therefore have a lot of grounding in terms of how ...
PacWest Bancorp Announces Results for the Second Quarter of 2011Monday, July 18, 2011 @ 8:00AM--Net Earnings of $12.8 Million-- --Net Interest Margin Increases to 5.57%-- --Credit Loss Reserve at 3.52% of Net Non-Covered Loans and 157% of Non-Covered Nonaccrual Loans-- --Noninterest-Bearing Deposits at 36% of Total Deposits and Core at 76%-- --Tangible Common Equity Increases 7.2% or $30.5 million--