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MICROSOFT EYES FIRST BOND OFFERING - New York PostMicrosoft Corp., the world's largest software maker, may sell bonds for the first time, seeking to use its pristine credit rating to extract funds from a market roiled by default concerns. The company is considering senior unsecured debt securities ...
Warren Buffett: Unemployment Heading "To New Heights" - US News and World Report“There are going to be more people unemployed…but I'm not worried about how we come out in the end. I mean, I'm not worried about five years from now. Five months from now, can be very painful…it will be considerably higher…It will happen ...
Is Warren Buffett losing his touch? - The AgeInvestors are wondering if Warren Buffett has lost his touch. They are bailing out of Berkshire Hathaway stock and have lost some confidence that the insurance and investment company, run by one of the world's most admired investors since 1965, can ...
6 steps to fix the housing market - Boston GlobeThe housing market is beginning to resemble one of those super bugs that are resistant to modern medicine: Despite injections of help from the government and lenders, it's still sick. Foreclosures continue at an alarming pace, sales are few, and ...
JPMorgan Shares Fall on Job Cuts Report - Street.ComNEW YORK -- Shares of JPMorgan Chase ( JPM Quote - Cramer on JPM - Stock Picks ) reached their lowest point in five years Thursday as media reports indicated the New York-based bank will cut about 10% of its investment bank staff in an effort to ...
Bradford County Property Transactions - Daily Review & Sunday ReviewThe following property transactions were recorded recently at the Bradford County Courthouse. Alfred Finnerty, Alfred A. Finnerty (AKA) and Beverly Finnerty, Beverly J. Finnerty (AKA) to Commonwealth of Pennsylvania Department of Transportation of ...
Assured, FSA Stripped of Aaa Ratings by Moody’s (Update1) - BloombergNov. 21 (Bloomberg) -- Assured Guaranty Ltd. and Dexia SA’s Financial Security Assurance Inc. lost their top Aaa credit ratings at Moody’s Investors Service, leaving none of the bond insurers with top grades a year ago with the rankings. Assured ...
Buffett's Gamble: $40 Billion Bet on Volatility - Seekingalpha.comWarren Buffett’s track record is unmatched. His recent bullishness on stocks has been unmatched as well. Over the past few weeks, the market has made him pay for being bullish in a bear market. Whether it’s justified or not, Berkshire Hathaway ...
Neglectful landowners to be fined? City aims to crack down on ... - Salem NewsSALEM — Police say the home on Palmer Street shows all the signs of neglect: graffiti, broken windows, overgrown grass and debris in the yard. The homeless have been using it for shelter, and with winter on the way, police are concerned more will ...
Fund manager talks of federal bailout's impact - ForbesThe prospect of buying stocks may unnerve even the most seasoned investor these days, given the continued uncertainty over how the nation's banking landscape will emerge from a historic bailout by the federal government. Since the market reached its ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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