Mortgage and Financial News From 2008-6-16 Page 7

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• Been there, done that: Past crisis survivors face similar challenges - ABS-CBN

  Companies in the Philippines are not strangers to the tough and rough times being paved for them by runaway inflation and rising interest rates. Having been through the regional financial crisis that pushed some peers to their knees just over a ...
  2008-06-16 10:54:00

• Dollar May Beat Euro as Inflation Focus Trumps Subprime Rout - Bloomberg

  June 16 (Bloomberg) -- Currency forecasters are betting that the dollar rally is just getting started as the Federal Reserve's shift to fighting inflation makes it likely to raise interest rates more aggressively than the European Central Bank. The ...
  2008-06-15 05:36:00

• Celadon Group to Present at Merrill Lynch Transportation Conference (Centre Daily Times)

  Celadon Group Inc. (NASDAQ:CLDN) will participate in the Merrill Lynch Transportation Conference on Wednesday, June 18 at Merrill Lynch Headquarters, 250 Vesey Street, in New York City.
  2008-06-16 12:32:33

• Fitch Rates Comal ISD, Texas GOs ´AAA´ PSF ´A+´/ Underlying; Outlook Stable (wallstreet:online AG)

  Fitch Ratings assigns an ´AAA´ rating to Comal Independent School District, Texas´
  2008-06-16 12:51:14

• Rising health costs pose economic risk: Bernanke (Reuters)

  WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke warned on Monday that rising U.S. government spending on health care risks triggering runaway budget deficits that could put economic stability in danger.
  2008-06-16 12:52:19

• Team Financial, Inc. Provides Corporate Governance Update (PrimeNewswire via Yahoo! Finance)

  PAOLA, Kan., June 16, 2008 -- Team Financial, Inc. is pleased to announce that its Board of Directors has taken action to create a Strategic Planning Committee comprised exclusively of independent directors which will be chaired by Connie Hart, an independent director who acquired extensive experience in bank holding company matters during her seven of years of service with the Federal Reserve ...
  2008-06-16 12:53:01

• CME Group and NYMEX Receive Unconditional Department of Justice Clearance to Proceed With Acquisition (PR Newswire via Yahoo! Finance)

  CME Group Inc. and NYMEX Holdings, Inc. today announced that they have received clearance from the U.S. Department of Justice to complete their proposed transaction without conditions.
  2008-06-16 12:56:00

• Mayoral candidates outline platforms (Palatka Daily News)

  On Dec. 6, Palatka residents will visit the voting booths in the race for mayor that includes incumbent Karl Flagg and downtown business owner Alex Sharp.
  2008-06-16 12:57:45

• Adobe Reports Strong Second Quarter Results (Business Wire via Yahoo! Finance)

  SAN JOSE, Calif.----Adobe Systems Incorporated today reported financial results for its second quarter ended May 30, 2008.
  2008-06-16 01:05:00

• Who's Hurt by Mortgage-Rate Jump - Street.Com

  Inflation concerns may have made mortgages less affordable in the past week or two. The interest rate for 30-year fixed rate mortgages surged to 6.32% with 0.7 points last week (up from 6.09% and 0.6 points). This represents the highest rate for 30 ...
  2008-06-16 07:05:00

• Builder Confidence Edges Down in June - Forbes

  Builder confidence in the market for newly built single-family homes edged down in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). The index slipped to 18 this month, returning to the record low ...
  2008-06-16 11:08:00

• The Bubble (Washington Post)

  Washington Post staff writers Alec Klein and Zach Goldfarb were online Monday, June 16 at 12:30 p.m. ET with guest John Taylor, Stanford economics professor, to discuss their three-part narrative series about the U.S. housing bust.
  2008-06-16 11:29:56

• Author: Put Money Where It Matters (US News & World Report)

  MP Dunleavey tells readers to invest in happiness.
  2008-06-16 11:29:58

• Mortage specialist available for help (The World)

  Southern Oregon Coast Housing Opportunity Provider is a nonprofit organization that plays a neutral roll in helping Coos and Curry County residents become Mortgage Ready. Housing Program Specialist, Valorie Rose is available for free consultations to discuss any questions or concerns regarding credit and the home buying process.  
  2008-06-16 11:32:49

• (AFX UK Focus) 2008-06-16 19:14 US June homebuilders index falls to 18 vs 20 expected UPDATE (Interactive Investor)

  (Updates with more survey data)
  2008-06-16 11:36:15

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