More Banking Bad news
· Citigroup, the biggest bank in the US, reported a 57% drop in third-quarter earnings from a year earlier, due in no small part to bad mortgages; · Bank of America, the second-largest US bank, just reported a 32% drop in earnings, led by a loss of $527 million in revenues at its structured products
- Published in Real Estate
Google Post Earning after the bell
Google rose modestly in postclose trading after the Net search engine posted solid third-quarter results. The company made $3.91 a share for the quarter, exceeding Wall Street’s $3.78-a-share estimate. Net revenue, excluding the fees Google pays search-ad partners, was $3.01 billion, surpast the $2.94 billion Thomson Financial target. Google Stock shares rose 38 cents to
- Published in Financial Market, Google
Think Ca. foreclosure laws are tough?
Disasters in the News These are just a few examples of the alarming epidemic of anti-investor legislation which has recently been enacted in other states. MARYLAND Pre-Foreclosures * Restricts fees and services investors can offer homeowners. * Seller gets 10-day right to cancel contract. *** Investor must reimburse 82% of proceeds to seller if reselling
- Published in Real Estate
Land banking – SCLC Continues to Fuel Economic Growth
Victorville News Release  News Release Contact For Immediate Release: October 9, 2007 Jennifer Little, Amies Communications 949.863.1910 ext. 27 Southern California Logistics Centre in Victorville Continues to Fuel Economic Growth in the High Desert Stirling Capital Investments Begins Development on Two Multi-Tenant Industrial Facilities Totaling 233,773 Square Feet and Creating Up To 200
- Published in Real Estate
3 Stocks I Saw on TV, Oct. 8
According to streets.com Google, Apple, and Valueclick are the next short term swing trade canadiate. For the complete video, click here.
- Published in Financial Market
Growth Continues for Palmdale and Lancaster
Article #1 Antelope Valley Press September 20, 2007 Mayor touts growth in State of the City address By BOB WILSON Valley Press Staff Writer PALMDALE – Growth, growth and more growth were the topics of a State of the City address given Wednesday by Mayor Jim Ledford. More shopping centers, restaurants, businesses, homes, recreation amenities,
- Published in Real Estate
Foreclosures are up again
California foreclosures are at the highest since 1997- up 800% since last year. The state reported 5,705 foreclosure filings during the month of June, a foreclosure rate of one foreclosure filing for every 317 households — still more than twice the national average. LA County Records show over 200 foreclosures A DAY! Because of loose
- Published in Financial Market, Real Estate