February 10, 2012 | Daily Business Review
Mortgage rates for 30-year loans match record low of 3.87 percentFewer Americans sought loans for home purchases as the average rate for a 30-year fixed loan was unchanged for the week ending Thursday at 3.87 percent, the lowest in records dating to 1971.
By Bloomberg News
1 minute read
February 02, 2012 | Daily Business Review
Mortgage applications fall for second straight weekMortgage applications in the U.S. were dragged down by fewer purchases and refinancing.
By Bloomberg News
1 minute read
February 06, 2013 | Daily Business Review
Duke Energy to shut Florida reactor and seek $1.65 billionDuke Energy will permanently shut its Crystal River nuclear power plant in Florida after deciding the risks and costs associated with repairing it outweighed the benefits.
By Bloomberg News
3 minute read
January 09, 2013 | Daily Business Review
Goldman Sachs said to be part of Fed-led foreclosure settlementGoldman Sachs, Morgan Stanley and two other banks may agree to settle claims over botched foreclosures in an accord similar to one reached with 10 other loan servicers, two people briefed on the discussions said.
By Bloomberg News
3 minute read
March 28, 2013 | Daily Business Review
Fiat said to seek $2.5 billion loan before Chrysler purchaseFiat is approaching banks to refinance a $2.5 billion credit line as the Italian carmaker weighs options to buy the Chrysler Group stake it doesn't own.
By Bloomberg News
3 minute read
July 02, 2012 | Daily Business Review
Coty seeks $700 Million in IPO after dropping Avon bidCoty Inc. is seeking as much as $700 million in an initial public offering after the maker of perfumes by Beyonce Knowles and Heidi Klum pulled a takeover offer for Avon Products Inc.
By Bloomberg News
3 minute read
February 22, 2013 | Daily Business Review
Goldman has no 'direct access' to information on Heinz accountGoldman Sachs Group Inc. says it doesn't have "direct access" to information about the beneficial owner behind transactions in an account in which the SEC said suspicious trading of H.J. Heinz Co. occurred.
By Bloomberg News
2 minute read
May 01, 2012 | Daily Business Review
Energy Transfer to buy Sunoco to add oil, gas logisticsWhen Dallas-based Energy Transfer Partners buys Sunoco Inc., for $5.3 billion, Sunoco holders will receive about $50.13 a share, consisting of $25 in cash and 0.5245 common units of Energy Transfer.
By Bloomberg News
3 minute read
January 30, 2013 | Daily Business Review
Beatles' former London HQ planned as Abercrombie storeThe Beatles' former London headquarters, where the band performed for the last time on the rooftop, may become an Abercrombie & Fitch Co. store after planning authorities recommended the proposal, following objections from retailers in the area.
By Bloomberg News
2 minute read
May 30, 2013 | Daily Business Review
Mortgage Rates in the U.S. Climb to the Highest Levels in a YearU.S. mortgage rates rose to their highest levels in a year as reports showed the housing market and economy strengthening, signaling to bond investors that the Federal Reserve may reduce efforts to push down borrowing costs.
By Bloomberg News
2 minute read