Intel reports sharp profit drop

For San Francisco readers keeping up-to-date on celebrity news, ... into its chips - but there are fears that the credit crunch will impede its business plans [more...]

Date: 2009-01-16 03:00:52

Blog posts (71) | Videos (61)
 

Russia’s oligarchs queue for loans

Russian oligarchs are lining up for $78bn of Kremlin loans to survive the credit squeeze, handing Prime Minister Vladimir Putin the opportunity to increase government control of the nation’s biggest companies, reports Bloomberg. More than 100 business leaders are vying for loans [more...]

Date: 2008-12-22 05:32:23

Citigroup Posts Loss, Will Break up into 2 Units

NEW YORK (AP) -- Citigroup said Friday it is splitting into two businesses as it reported a fourth-quarter net loss of $8 ... on the value of credit derivatives. It also lost $2.5 billion [more...]

Date: 2009-01-16 14:57:00

Back In Business @ The Roundup

I’m just getting settled here at home after getting back from a 14 hour flight ... to be. Frugal Dad tells us how to resolve credit bureau reporting errors. Money Smart Life: shares [more...]

Date: 2008-10-26 16:24:35

How Will Print Media's Financial Problems Affect Its Coverage?

The question that is this post's title occurred to me as I read through this report earlier today by Seth Sutel of the Associated Press ... for an industry awash in bad news, the newspaper business went through one of its most severe ... credit analyst for Standard & Poor's) said: "I have doubts banks will be as willing as they were [more...]

Date: 2008-06-30 01:46:06

Intel reports sharp profit drop

Slowing demand for computers has hit chipmakersSlowing spending on computers saw Intel profits fall by 90% from $2.3bn to $234m (£159.6m) ... is building into its chips - but there are fears that the credit crunch will impede its business plans. [more...]

Date: 2009-01-16 13:45:49

Bonita Springs Florida Monday Mortgage Report 04-27-2009

Mortgage Rates Hit 5 Year High This week it is projected that mortgage rates will reach a 5 year record high.  Thanks to declining markets, credit lending guidelines tightening down, banks going out of business or merging to avoid bankruptcy, and many other economic factors, potential homeowners will now be facing an even more difficult time in trying to qualify for a new home due to the sharp an sudden increase in mortgage loan interest rates. [more...]

Date: 2009-04-27 13:42:00

Citigroup Posts $8.3 Billion Loss, Splits Up Company

NEW YORK — Citigroup said Friday it is splitting up into two businesses as it reported a fourth-quarter net loss of $8 ... and banking revenue, and $5.3 billion on the value of credit derivatives. It also lost $2.5 billion [more...]

Date: 2009-01-16 13:14:43

Verizon Was The Most Frequent Target For Identity Theft Scams In 2007 [Graphs]

Identity theft reports to the Federal Trade Commission show that Verizon was the most frequently named company, ... nearly tripled from 2006. Rounding out the top five are AFNI (a collection agency), JP Morgan Chase ... created from pre-approved credit solicitations. Hoofnagle asks for increased transparency by businesses [more...]

Date: 2008-07-24 22:54:12

Fannie teed up. Are you teed off?

Housing headlines of note in today's Los Angeles Times Business section: --"Fannie regrets golf excursion," ... not dispute the report, described the event as a mortgage industry customer meeting held twice ... for the quarter would fall by half to $1.5 billion. -- Lauren Beale Your thoughts? Comments? Photo credit [more...]

Date: 2008-11-05 20:53:11

IIT placements slow down

This report was the first indication that it's not 'business as usual' at the IITs ... companies like Shell, RIL, Credit Suisse, HUL, Transocean, Dell and NetApp had initially said they would [more...]

Date: 2008-12-10 19:09:00

Repossessed Toys Are A Booming Business

The San Diego Union-Tribune is reporting The Economy is forcing many to let go of luxury toys ... of the Association of Independent Consumer Credit Counseling Agencies based in Fairfax, Va. "It's happening [more...]

Date: 2008-08-25 05:10:38

What do you think about deflation?

The economy just might be on the way to “fixing” itself, if it doesn’t destroy itself first ... more businesses could go under. Bad. Of course, in the long term, lower profit points could mean ... their credit, etc. That would be good. The New York Times reports that construction on new houses [more...]

Date: 2008-11-19 15:22:55

Employment Data Dominates Calendar, Earnings Season Starts Again

The economic calendar wastes no time getting off to a busy start in the first full week of 2009.  The Construction Spending report for November this morning leads off the week, and carrying over ... , and the credit markets unfreeze, money simply won’t be spent on new construction. Since neither of those [more...]

Date: 2009-01-05 19:08:03

Sheena Ramsey’s Real Estate Broker’s License

Ryan Underwood reports on the process the Lt. Governor’s daughter is going through to break into the family business: Lt. Gov ... Commission’s Dec. 3 approval of 60-hours of classroom credit from her college transcript. The commission’ [more...]

Date: 2009-01-14 18:12:35

How security compliance became important

Over the past 20 years, we’ve seen some downright amazing changes in business. Looking back to when I was a child growing up in Bishop, California ... credit, and only for orders that had to be shipped from far off locations such as Los Angeles or Salmon ... be called if a theft had occurred, and take a report obtaining any evidence of the crime right [more...]

Date: 2009-01-15 22:54:44

Does jump in applications signal a mortgage boom?

Filed under: Housing, Recession Over the past few years, the mortgage business has been virtually dead -- that is, until recently. Why? ... applications since 2003 (this is according to a report from the Mortgage Bankers Association ... have minimal levels of home equity as well as damaged credit. Now, Fannie Mae is in the process [more...]

Date: 2009-01-17 19:40:00

WELLS FARGO TWICE AS STRONG REPORTS PRESIDENT JOHN STUMPF

John Stumpf “I’m sure you have heard the news. Wachovia is now part of Wells Fargo & Company ... be business as usual for our customers. Please continue using your Wells Fargo bank accounts, credit [more...]

Date: 2009-01-06 19:30:41

Late surge puts O.C. property tax payment up $141 million

Orange County’s Tax Collector reports that a late surge in payments has put the county $141 million ahead of last year’s property tax collections ... more days of heavy mail, too. Credit-card charges don’t clear until Monday. I’m very pleased ... all the economic turmoil? Chriss: Small business had it bad in 2006 and 2007. It was a stealth recession. [more...]

Date: 2008-12-13 06:54:44

Kremlin Declares its Sphere of Influence in Business

It is rational and logical for some governments to declare certain sectors of the economy as sensitive to national security, ... and shareholdings. Today Reuters reports (see below) on the announcement of Russia's list for 2009 ... site www.government.ru. "The main objective...is supporting their stability using not only credit [more...]

Date: 2008-12-26 15:20:56

FreeCreditReport.com Review: Not a Free Credit Report

Have you heard of those commercials on TV that talk about “free” credit reports? These services, such as FreeCreditReport.com are *not* truly free. They offer free trials for a limited time (usually 7 days) but they’re actually paid subscription services after the intro period is over. They’re in the business of credit monitoring and tracking your credit standing. Image by Andre Rolim/Getty Images These services exist to help us keep an eye on our credit reports. [more...]

Date: 2009-09-29 04:01:28

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