Mortgage and Financial News From 2008-2-21 Page 01

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  • Bank voted 8-1 for cut to 5.25%

    BBC Business - The Bank of England's rate-setting Monetary Policy Committee (MPC) voted by 8-1 to cut interest rates to 5 ... the reductions have been less dramatic than in the US where the Federal Reserve has lowered rates from 5.25% in summer last year to the current ...
    2008-02-20 01:50:00

  • UPDATE 1-BOJ Jan minutes: Global econ outlook uncertain

    Forbes - The BOJ has said it will need to raise interest rates from current very low levels in tandem with improvements in the economy, to prevent the economy overheating.
    2008-02-18 03:57:00

  • Get ready for a recession...in 2009

    CNN Money - ... slashing interest rates ... case, the current economic woes are nothing compared to what lies ahead. "Our forecast is that the economy will be strong enough in the U.S. later in 2008 to cause inflation. That will lead to the Fed raising interest rates ...
    2008-02-20 08:31:00

  • Altoona sewer rates stable — at least for now

    Altoona Mirror - Initial upgrades won’t raise rates, which average $20 a month, but subsequent ... The authority will try for a low-interest Pennvest loan but doesn’t expect to get ... The current price is $9 a pound. If the authority does nothing to Westerly, it would ...
    2008-02-21 09:08:00

  • Meteoric Zwirn falls down to earth

    Financial Times - ... 2001, when investors were first answering the siren call of hedge funds promising high yields at a time of low interest rates. ... The note adds, “We are beginning to explore with new and current investors opportunities to use our proven strategies ...
    2008-02-21 04:51:00

  • Yen bounces back as KKR report spooks stocks

    Forbes - The data did little to change the market's view that the Reserve Bank of Australia will likely raise interest rates next month from the current 11-year high of 7 percent.
    2008-02-19 11:05:00

  • Mariner Energy Reports 25% Increase in 2007 Production and 222 ...

    Forbes - The proved reserve estimates represent Mariner's net revenue interest in its ... The current gross production rate of approximately 60 million cubic feet of gas ... Mariner's reserve replacement rates reported above were calculated by dividing ...
    2008-02-21 09:08:00

  • Chicago condos stronger sellers

    Arlington Heights Daily Herald - Overall, the current housing market offers an outstanding opportunity for buyers to take advantage of falling interest rates for mortgages and an extensive inventory of homes for sale in almost every price category.
    2008-02-21 10:13:00

  • Penn West announces fourth quarter and year end results

    CNW Group - ... the Trust's distribution level at $0.34 per unit, per month, for the next three months based on current ... 176 (10) Net acres (000s) 3,225 3,715 (13) Average working interest ...
    2008-02-21 10:13:00

  • McGuinty's clash with Flaherty turns nasty

    Globe and Mail - It was the complete change in the UI rates & the qualifying criteria that did that. ... is that it is digging the family inheritance up out of the back yard, selling it, and spending virtually all of it on current ...
    2008-02-21 09:51:00

  • European govt bonds weaken as data suggests ECB still unlikely to cut ...

    Forbes - ... after more inflation data from Germany this morning suggested the European Central Bank is still unlikely to cut interest rates ... We do not see the current sell-off gaining momentum,' said an analyst at BNP Paribas (other-otc: BNPQY.PK - news ...
    2008-02-20 03:01:00

  • Atlas Energy Resources, LLC Reports Financial Results for the Fourth ...

    MSN MoneyCentral - Adjusted earnings before interest, income taxes, depreciation and amortization ... completion and production techniques, Atlas Energy's initial daily rates (24 ... Atlas Energy entered into additional hedging contracts in the current period for ...
    2008-02-21 10:41:00

  • Czech rates do not need to rise if inflation expectations held ...

    Forbes - ... Financial) - A future rise in wage demands from Czech unions would prompt the central bank to raise interest rates ... euro as most analysts expect, will still be strong enough to keep inflation under control and borrowing rates stable at the current ...
    2008-02-20 02:26:00

  • UK business lobby urges quick BoE rate cut

    Forbes - Given the current balance of risks in the economy, we urge the MPC to cut interest rates to 5 pct at the March meeting,' said BCC economic adviser David Kern.
    2008-02-20 03:59:00

  • Dollar flat vs euro after hit from recession fears

    Forbes - ... Australian dollar remains one of the best performing of major currencies this year, helped by expectations that interest rates ... said Japanese institutional investors were selling foreign assets and repatriating funds before the end of the current ...
    2008-02-21 09:44:00

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