Mortgage and Financial News From 2007-10-30 Page 01

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  • Surging crude chokes HPCL as govt offers little support

    Economic Times - Further, the spurt in other income was negated by a rise in depreciation and interest costs. As a result, net profit ... The company has to make these purchases at market rates, which are dollar-denominated. The appreciation in rupee over ...
    2007-10-30 12:20:00

  • US dollar sinks to new low against euro

    Sydney Morning Herald - The US dollar descended to new long-term lows today against several widely traded counterparts, including the euro, the Canadian dollar and the Australian dollar , as investors pondered the likelihood of a reduction in benchmark US interest rates ...
    2007-10-30 05:00:00

  • Inmet announces 2007 third quarter earnings of $2.38 per share

    PR Newswire - All amounts in Canadian dollars unless indicated otherwise TORONTO, Oct. 30 /PRNewswire-FirstCall/ - Highlights - Higher net income per share Net income per share this quarter was $2.38 compared to $2.31 for the same period in 2006. - Strong ...
    2007-10-30 03:19:00

  • Six-day rally halts; Sensex down 200 points

    Economic Times - RBI's move of not cutting interest rates went against market expectations. Auto shares had run up lately on these expectations and thus corrected today," said Mahantesh Sabarad, auto sector analyst, Prabhudas Lilladher. However, he is positive ...
    2007-10-30 05:28:00

  • Dollar slumps as investors await Fed

    Marketwatch - Japan's low interest rates explain why its yen hasn't strengthened against the dollar, even as the dollar has slumped to record lows against many major currencies. The yen remains a popular currency for investors to borrow, to invest in higher ...
    2007-10-30 05:50:00

  • Federal Reserve expected to cut rates

    Houston Chronicle - WASHINGTON — The Federal Reserve is expected to cut an important interest rate this week, a move designed to help the economy get through the stresses of a painful housing slump and credit crunch. Fed Chairman Ben Bernanke and his central bank ...
    2007-10-29 05:58:00

  • SKorean won continues to strengthen against dollar, briefly hits 901.1 ...

    FXStreet.com - SEOUL (Thomson Financial) - South Korea's currency, the won, resumed its rise against the US dollar in morning trading Wednesday as global investors sold the greenback on expectations the Federal Reserve will cut interest rates. Exporters also ...
    2007-10-30 09:03:00

  • Strengthening pound hits 26-year high against dollar

    The Independent - Short term, the markets are very much influenced by the upcoming decisions on interest rates to be made by the US Federal Reserve and the Bank of England. The Fed is widely expected today to announce a cut in its main interest rate, as the American ...
    2007-10-30 10:00:00

  • Hampton Falls briefs (Hampton Union)

    Seacoast Academy, the newly opened independent middle school in Hampton Falls, holds an admissions open house on Thursday from 6:30 to 8 p.m. The independent day school serves Grades 6-8. Faculty members, the head of school, current students and their...
    2007-10-30 03:10:31

  • FTSE extend early losses (Investors Chronicle)

    Leading indices have continued to lose ground this morning, dragged lower by a poor performance in the mining sector where a number of the major names were downgraded by analysts.
    2007-10-30 06:25:35

  • SBT Bancorp, Inc. Reports Third Quarter 2007 Results (Business Wire via Yahoo! Finance)

    SIMSBURY, Conn.----SBT Bancorp, Inc., , holding company for The Simsbury Bank & Trust Company Inc., today announced third quarter 2007 net income increased 20% over second quarter 2007 and 122% over third quarter 2006.
    2007-10-30 03:09:00

  • INDICATORS - Lebanon - Updated Oct 30 (Reuters via Yahoo! Malaysia News)

    BEIRUT, Oct 30 - Below is a table of the latest Lebanese economic statistics.
    2007-10-30 01:20:20

  • BNCCORP, Inc. Reports Third Quarter 2007 Financial Results

    MSN MoneyCentral - The net interest margin for the current period improved to 4.24% from 3.07%. The ... assets and decreases in debt, which were partially offset by higher rates paid ... Declines in the balances of participating interests in mortgage loans and ...
    2007-10-30 05:21:00

  • Sterling hits 26-year high against dollar

    Herald - ... was unlikely to be enough in itself to trigger a swift cut in UK base rates from ... required to address the balance-of-payments situation, given America's current ... American households with poorer credit ratings served by the sub-prime mortgage ...
    2007-10-30 08:56:00

  • Market Insider/Wednesday Look Ahead

    CNBC - Expectations are high for that 0.25 percent cut to the current target 4.75 percent ... The Mortgage Bankers Association releases the Mortgage Market Index for the week ... Swonk says not all Fed members are convinced they need to cut rates but she ...
    2007-10-30 05:57:00

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