Fitch Ratings-London-21 July 2008: This announcement corrects the version published on 18 July 2008. In the second paragraph, the loans are secured by real estate in Switzerland and Germany, and not in Switzerland and France as previously stated. Continue…
Sydney, Australia-based Rubicon America Trust has agreed to sell a 14-property U.S. portfolio totaling nearly 3.1 million square feet to real estate investment firm UrbanAmerica for US$515 million. Under the purchase agreement, New York City-based… Continue…
(ARA) - If you’re like most Americans, then your greatest asset is your home. But with recent declines in home values, it may be time to consider options for preserving your home’s value. Continue…
WESTBURY, N.Y.—-New York Community Bancorp, Inc. today reported second quarter 2008 operating earnings of $75.1 million, representing a linked-quarter increase of $4.9 million and a $3.3 million increase year-over-year. Continue…
San Joaquin Bancorp (175097;OTCBB:SJQU), a bank holding company with $878 million in assets, today announced Continue…
OAK Financial Corporation (OTCBB:OKFC), a West Michigan-based bank holding company, reported second quarter net income of $1,199,000, down 32% from the $1,752,000 reported in the second quarter of 2007. Basic and diluted earnings per share in the second quarter of 2008 were $0.44, a decrease of 32% from the $0.65 reported for the second quarter of 2007. On a year-to-date basis, net income and … Continue…
Concerns over Japanese real estate developers are mounting after the widening credit crunch last week claimed its latest victim. Continue…
BYRON CENTER, Mich.—-OAK Financial Corporation , a West Michigan-based bank holding company, reported second quarter net income of $1,199,000, down 32% from the $1,752,000 reported in the second quarter of 2007. Continue…
Kevin Wessell, a renowned and highly respected expert in the field of asset protection and estate planning, and who heads Los Angeles - based Offshore Company , said today that The Cook Islands (South of Hawaii) provides what he believes to be the best offshore asset protection trusts available today. If you want to protect your assets from being taken away by a lawsuit, this is your best … Continue…
GM, utilities team on electric car San Jose, Calif. General Motors Corp. has joined with more than 30 utility companies across the U.S. to help work out electricity issues that will crop up when it rolls out new electric vehicles in a little more than two years. Continue…