Archive for January, 2010

Jim Lowell: Free-market fetters

As we wend our way into February, Jim Lowell predicts six weeks of increased volatility with the probability of a stall shadowing the sunny momentum that has propelled this market.

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Australia and New Zealand – Weekly Prospects

Tomorrow’s RBA decision is the clear highlight in Australia this week; we look for a 25bp rate hike and for upgrades to the RBA’s growth and inflation forecasts in the quarterly statement on Friday. The steady stream of firm domestic data since …

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US bailouts failed to tackle reckless banks, says watchdog

Bailout of Wall Street banks has come under fire from Neil Barofsky, the Special Inspector for the Troubled Asset Relief Program. Photograph: EPA

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Don’t bury yourself in debt to pay for college

Dear Liz: My daughter is a sophomore at a very expensive college, and federal loans cover only $6,500 of her costs. She has taken out two private student loans with me as a cosigner, one at 6.5% interest and the second at 9.9%. I need $15,000 more for this semester’s tuition.

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U.A.E. Mortgage Lender Tamweel Cuts Base Rate by 50 Basis Points

Jan. 31 — Tamweel PJSC, a United Arab Emirates-based mortgage lender, will cut its base rate 50 basis points to 7.9 percent as of March 1.

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Structural change: Builders respond to a shifting market with innovative products

LAS VEGAS — Innovation in homebuilding hasn’t stopped just because the bad economy has pounded the construction industry. That was evident at the annual International Builders Show this month, as industry suppliers displayed an array of new products and technologies to an audience of more than 55,000 building-industry professionals.

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Internet facilitates vacationing in a home away from home

The builder who completed the work on Marvelyn Gadowski’s Breckenridge home back in 2002 suggested she occasionally rent it out to vacationers.

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Expect lots of breaks for taxpayers this year

Energy credits, breaks for first-time homebuyers and something new with the odd name “Making Work Pay Credit” could lower tax bills this year for some taxpayers, local accountants said.

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Dinsdale donates car for Habitat fundraising raffle, auction

When Grand Island Area Habitat for Humanity volunteers set out to secure auction items and sponsorships for their Build a Dream Dinner and Auction, their goals were modest. However, they quickly found out that the enthusiasm from last year’s event was greater than they anticipated.

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SGB reports positive earnings

Southwest Georgia Financial Corporation, a full service community bank holding company, this week reported net income of $706,000, or $0.28 per diluted share, for the fourth quarter of 2009, up from a net loss of $116,000, or $0.04 per diluted share, for the fourth quarter of 2008.

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