Mortgage and Financial News From 2008-2-21 Page 17

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• Pfleiderer AG: Pfleiderer generates EBITDA of EUR249 million in 2007

  MSN MoneyCentral - Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by ... increased by 19% to EUR79.7 million thanks to a significantly lower tax rate. ... Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in ...
  2008-02-20 11:33:00

• India Sensex Rises; Satyam Surges as Trading Volume Quadruples

  Bloomberg - Bank of India slashed its prime lending rate by 50 basis points to 12.75 percent. ... Indian banks have come under pressure from Finance Minister Palaniappan Chidambaram to reduce interest rates, especially ...
  2008-02-21 04:48:00

• Stock & fund quotes

  ninemsn - The official cash rate target has been raised eleven times since mid-2002, with three of those hikes dished out since the U.S. sub-prime mortgage crisis emerged. "A two percentage-point interest rate increase tomorrow would deal with inflation.
  2008-02-21 05:02:00

• CapitalSource Reports Fourth Quarter and Full Year 2007 Results

  MSN MoneyCentral - ... for the quarter, a decrease of $6.9 million from the prior quarter, primarily due to a decrease of 44 basis points in the average coupon rate of interest charged on loans (consistent with the decrease in LIBOR and prime rates ...
  2008-02-21 03:00:00

• NASDAQ Prices Convertible Notes (PrimeNewswire via Yahoo! Finance)

  NEW YORK, Feb. 21, 2008 -- The Nasdaq Stock Market, Inc. today announced that it has agreed to offer $425 million aggregate principal amount of 2.50% convertible senior notes due 2013.
  2008-02-21 03:00:00

• Should You Buy It? Don't Put Yourself In Coach (TheStreet.com)

  Concerns about consumer spending make the luxury handbag maker less appealing now.
  2008-02-21 03:17:47

• BAE Profit Gains 28% as U.S. Purchases Tap War Budget (Update2) (Bloomberg.com)

  Feb. 21 (Bloomberg) -- BAE Systems Plc, Europe's biggest weapons maker, increased second-half earnings 28 percent after U.S. purchases boosted revenue from Bradley Fighting Vehicles and blast-resistant Humvees used in Iraq and Afghanistan.
  2008-02-21 03:36:15

• ANSYS Reports Record Fourth Quarter and Annual Results Driven by Organic Revenue Growth (PrimeNewswire via Yahoo! Finance)

  SOUTHPOINTE, Pa., Feb. 21, 2008 -- ANSYS, Inc. , a global innovator of simulation software and technologies designed to optimize product development processes, today reported its fiscal fourth quarter and full year 2007 results.
  2008-02-21 04:30:00

• Just how bad is the housing market? (Bankrate.com)

  Foreclosures are up. House prices are down. Mortgages may be toxic. But just how bad is the current housing crisis, really? And should you be worried about your own situation?
  2008-02-21 05:06:02

• SYS Technologies Announces Execution of Merger Agreement with San Diego-Based Defense and Security Solutions Provider ... (Centre Daily Times)

  SYS Technologies, Inc. ("SYS") (AMEX:SYS), a leading provider of information connectivity solutions that enable situational awareness and real-time collaboration, announced today that it has entered into a definitive merger agreement with Kratos Defense & Security Solutions, Inc. ("Kratos") (Nasdaq: KTOS), a leading national defense and security solutions provider, in an all-stock transaction. ...
  2008-02-21 06:01:22

• Dow Jones Indexes Launches Dow Jones Real Return Target Date Index Series (PrimeNewswire via Yahoo! Finance)

  NEW YORK, Feb. 21, 2008 -- Dow Jones Indexes, a leading global index provider, today announced the launch of the Dow Jones Real Return Target Date Indexes. The new indexes are designed to serve as benchmarks for lifecycle portfolios that start out aggressively to grow assets and end with a conservative mix of investments based on the portfolio's "target date."
  2008-02-21 06:15:00

• Cameroon: Bilingualism is a Big Advantage to Our Countries - Canadian Ambassador (AllAfrica.com)

  It has been revealed that bilateral relations between Cameroon and Canada hinge positively on the use of English and French languages, but that unlike Cameroon there is always harmony and that is what makes Canada such a good country.
  2008-02-21 06:27:27

• Why LowVARates.com Told VA Loan Holders to Lock Loans in 2 Months Ago ...

  PR.com - This Press Release will focus on VA Loans and the effect of rising interest rates on those veterans who are in the middle of a refinance with an unlocked loan or for those that were just about to start the process and now may be uncertain what to do.
  2008-02-20 11:54:00

• Obama Discusses Plan to Protect Homeownership, Crack Down on Predatory ...

  Forbes - And on top of that, a blanket freeze like this will drive rates through the roof on people who are trying to get new mortgages to buy or refinance a home.
  2008-02-19 12:28:00

• Tandberg Data Drops; Situation Worse Than Anticipated (Update2)

  Bloomberg - Tandberg Data got a $23.2-million loan in 2006 from Cyrus Capital Partners to refinance, and interest payments to service the loan ate up the company's free cash.
  2008-02-20 08:38:00

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