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Pound for pound, a fair resolution Dear Greg: In May 2008, I opened a home-equity loan account with SunTrust. I was approved for a credit line of only $25,000 due to the short time I had owned my home. I never accessed the credit line and within four to five months received notice from SunTrust that the dramatic decline in housing values had caused them to revoke my credit line. I was invited to reapply in the future if I felt my ... www.orlandosentinel.com
Las Vegas analyst predicts new-home prices will drop another 5% this year July 30--New-home prices will drop another 5 percent this year and stay essentially flat in 2011 as builders compete with more foreclosures and short sales, a Las Vegas housing analyst said Thursday at his quarterly presentation. www.builderonline.com
The Hindu Business Line : Inflation of various kinds The Reserve Bank of India has declared a 3 per cent inflation goal. Why 3 per cent? Because it's near enough to the target of the European Central Bank and Bank of England? (Their's is 2 per cent). www.thehindubusinessline.com
Slowing economy faces major hurdles As the engine of U.S. economic growth slows, two of its main cylinders - job growth and consumer spending - still aren't firing. Until they kick in, the weak recovery is in jeopardy. United States - Economic growth - Consumer spending - U.S. Economic Cycles - Economic www.msnbc.msn.com
Miramax sale could still leave Disney on board The group led by construction executive Ronald Tutor and investment group Colony Capital is closing in on the acquisition of Miramax Films for more than $650 million, but final deal points and financing specifics were still being worked out Thursday. news.yahoo.com
Free Stimulus via Refinancing, Debate Grows Some argue that refinancing is a slam-dunk economic stimulus. blogs.wsj.com
WRAPUP 2-Nomura, Macquarie hit by fewer deals, frail markets WRAPUP 2-Nomura, Macquarie hit by fewer deals, frail markets www.foxbusiness.com
State Street Upgraded to Neutral Based on strong organic growth fueled by efficient cost control and favorable global asset management trends, we are upgrading our recommendation on State Street to Neutral from Underperform. biz.yahoo.com
With Credit Tight, Microlending Blossoms After banks refused loan requests, some small businesses in the United States turned to microloans like those offered in the third world. www.nytimes.com
Visa Beats on Strong Top Line Visa's fiscal third-quarter earnings of 97 cents per share were substantially ahead of the Zacks Consensus Estimate of 93 cents. biz.yahoo.com
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