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TwitterCalifornia, Nevada, Florida, and Arizona top the list of states with the highest foreclosure rates in the third quarter, according to a report by foreclosure listing firm RealtyTrac Inc. Lenders have seized or are preparing to seize some 7 million homes in the United States, and 31 percent of all home sales in September were [...]
Posts Tagged ‘Economy’
Foreclosure Rates Continue Growth in Most Metro Areas
Posted by Moses Olibrice on October 29th, 2010
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U.S. Consumer Confidence Beats Expectations in October
Posted by admin on October 27th, 2010
The Conference Board consumer confidence index rose slightly to 50.2 this month after declining to 48.6 in September, the New York-based research group said in a press release. The index value was set at 100 in 1985. The Present Situation Index also grew slightly to 23.9 in October from 23.3 a month ago. The Expectations [...]
IBM Sets Aside $10 Billion for Stock Repurchases, Approves Dividend Payment
Posted by Moses Olibrice on October 27th, 2010
The Board of Directors of the blue-chip company IBM voted for a regular quarterly cash dividend of $0.65 per common share and set aside an additional $10 billion for repurchasing the company’s stock on the open market or in private transactions. It represents about 6 percent of the company’s outstanding shares. Following the authorization of [...]
British Economy Grows 0.8 Percent in Q3, Expands 2 Percent for 6 Months
Posted by Micheal Barbrick on October 26th, 2010
British gross domestic product added 0.8 percent in the third quarter while economists forecast growth of only 0.4 percent, the Office for National Statistics said. Last week, British Finance Minister George Osborne announced that the government will introduce an austerity package, cutting GBP 81 billion to reduce the country’s deficit, and many experts believed that [...]
Small Business Bankruptcies Decline for 5th Consecutive Quarter
Posted by Bobby West on October 26th, 2010
Small business bankruptcy filings decreased over 11 percent in the third quarter of 2010, year-on-year, a study conducted by Equifax showed. In the past five quarters, small business bankruptcy fillings have declined by nearly 19 percent, the company said in a press release published online. The company monitors data related to small business activity and [...]
