Archive for June, 2010

NewsWatch: U.S. stock futures pare gains after ADP report

U.S. stock futures wavered Wednesday after disappointing private payrolls data offset a European Central Bank auction that signalled credit is loosening.

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Investcorp Sells $100 million Mortgage for Coast Guard Headquarters

Investcorp Real Estate, the U.S.-based real estate arm of alternative investment manager Investcorp, today announced that the Investcorp Real Estate Credit Fund has sold a $100 million first mortgage loan backed by the building that has been the longstanding Washington, D.C.

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Palin Warns About Health Overhaul At Fundraiser

At a Duluth fundraiser, former Republican vice presidential candidate Sarah Palin warned that President Barack Obama’s health care overhaul would “directly impact the special needs community” by raising insurance costs.

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Canada Economy Unexpectedly Stalls in April on `Payback’ for March Growth

Canadas gross domestic product unexpectedly stalled in April after seven previous gains, as retailing and manufacturing declined while mining and wholesaling advanced.

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In U.S. Bailout of A.I.G., Forgiveness for Big Banks

Documents indicate that federal regulators ignored recommendations to force banks that did business with A.I.G. to accept losses on the deals.

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Home-hunting safari

You’ve always wanted a home but aren’t sure you’re ready to stop renting and be tied to property with painting and other chores. Bankrate.com offers guidance to the house …

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Jersey Mortgage Company honored for dedication to affordable housing

CRANFORD, NJ Jersey Mortgage Company was recently recognized by the New Jersey Housing and Mortgage Finance Agency for dedication to affordable housing throughout the state.

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Investors worry about market down the road

Despite robust earnings projected in near future, many experts fear deflation and double-dip recession Shaken by sharp declines around the world on Tuesday, investors are heading into the second half of the year afraid they will again face the wrath of the stock market.

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