If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Aflac Incorporated reported its second quarter results.
Reflecting a stronger yen to the dollar, total revenues increased 15.2% to $4.3 billion during the second quarter of 2008, compared with $3.8 billion a year ago. Net earnings were $483 million, or [...]
Company closes two apartment sales and one shopping center sale during second quarter 2008.
Real Estates Associates (REA) brokered the sale of more than $16 million in Triangle, NC-based properties during second quarter 2008. The company represented the sellers for three commercial properties, including Lochmere Pavilion in Cary, NC, an upscale retail center.
“The combination of [...]
EverBank Financial Corp. today announced record earnings of $44.7 million for the first half of 2008, an increase of 162% over the $17.1 million recorded in the first half of 2007. 2008 year-to-date earnings benefited from EverBank’s gain from the sale of its share of EverBank Reverse Mortgage LLC to MetLife, Inc. Earnings from continuing [...]
The latest Bloomberg Eurozone Retail Purchasing Managers’ Index (”PMI(R)”), based on a mid-month survey of economic conditions in the euro area retail sector, fell from 53.1 in May to 44.0 in June. The PMI provides data one month ahead of government issued figures and the steep drop to well below the 50.0 no-change level indicated [...]
Data on bank lending in Singapore is due out on Monday 30th. This should confirm that the pace of lending growth has continued to slacken as a result of greater uncertainty regarding the broader economic outlook.
Rising inflationary pressures are forcing the authorities to adopt a stronger Singapore dollar (its main monetary policy tool) at a [...]
Sales of existing-home sales increased in May with buyers responding to lower home prices, according to the National Association of Realtors(R).
Existing-home sales — including single-family, townhomes, condominiums and co-ops — increased 2.0 percent to a seasonally adjusted annual rate(1) of 4.99 million units in May from a level of 4.89 million in April, but are [...]
Several Airlines Likely to Fail; Affordable, Frequent Air Travel and Jobs at Risk
At current oil prices, several large and small U.S. airlines will default on their obligations to creditors beginning at the end of 2008 and early 2009, according to a study issued today by AirlineForecasts, LLC and the Business Travel Coalition. The study shows [...]
Existing-home sales slowed in April, partly because restrictive lending practices hampered home buyers. At the same time, a greater number of areas are showing sales gains from a year ago and a recent reversal in mortgage policy means the market is better positioned for a turnaround, according to [...]
Century Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange) today reported financial results for the three months ended March 31, 2008.
First Quarter 2008
For the first quarter of 2008, net operating revenue was $20,980,000 and consolidated Adjusted EBITDA* was $4,393,000. This represents a slight decrease in net operating revenue over the same quarter of last year ($21,144,000 [...]
A flat pattern in home sales activity should continue for the next couple months before improving over the summer, according to the latest forecast by the National Association of Realtors(R).
Lawrence Yun, NAR chief economist, said the extent of an expected recovery hinges on better access to affordable loans. “Things are beginning to improve, but the [...]