Market Digest

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Project to Increase Resource and Manpower Availability, Cut Costs and Enable Development of Enhanced Functionality
Database and Application Technology to be Migrated Include ADABAS/Natural, VSAM/COBOL, JCL, Assembler, CLIST, SuperWylbur, PL/I, CA Easytrieve and SAS to a Java/Oracle Environment
Project Estimated at [...]

New research from PowWowNow finds that businesses waste GBP55m of the GBP210m spent each year on conferences-by-’phone, according to a new study.
There’s no doubt that ‘phone conferencing is an important aspect of mobile working. Workers at all levels need to be able to reliably stay in touch with co-workers and clients. And it’s a powerful [...]

In this soft market, there are still some developers forging ahead and creating new ownership opportunities as others have decided to close up shop and wait for calmer waters. Tennessee Land & Lakes is taking a pro-active approach, announcing the Grand Opening of Grande Harbour, a new community within Grande Vista Bay, on the shores [...]

Ann Ashburn, President of AmeriDream, Inc., today issued the following statement after the U.S. Senate passed a housing stimulus package that eliminates charitable downpayment assistance funded in part by home sellers. Those programs, operated by charitable organizations in accordance with current law and HUD guidelines, have helped more than one million low and moderate income [...]

Voting against false reform will restore 36 percent rate cap and save Arizona citizens $140 million per year
The payday lending industry doesn’t want you to know it, but when it comes to protecting paychecks at the Arizona ballot box this November, “no” will mean “yes” — yes to capping payday loans at 36 percent [...]

Unregulated Market Speculation is Driving Prices, Says Trade Group
Once again, high fuel prices are dampening travel plans this holiday. More Americans will stay home this Fourth of July than last year, just as they did during the Memorial Day weekend.
With fewer people on the road, retailers have seen demand for fuel drop, according to [...]

High inventories, weak economic conditions delay start activity
Housing starts in 2008 are expected to be 36 percent lower than 2007 levels, creating three straight years of declines. According to a recent Portland Cement Association (PCA) Economic Research report, the toxic mix of weak economic conditions, tight credit conditions, and tepid sales are causing huge [...]

Home loan servicers and lenders are not working with borrowers who need loan modifications in order to keep their homes. In a third survey of California mortgage counseling agencies servicing homeowners statewide, the California Reinvestment Coalition (CRC) found that despite lenders’ promises to help borrowers, foreclosure is still the most common outcome for homeowners struggling [...]

More than $1 million in U.S. Small Business Administration Disaster Assistance Loans have been approved for residents and business owners in Maine who were affected by the severe storms and flooding that occurred on April 28 - May 14, 2008.
“Currently, 25 home and business disaster loans have been approved in the amount of $1,247,000 for [...]

Grubb & Ellis Healthcare REIT, Inc. today announced the acquisition of Medical Portfolio 3, a collection of 13 healthcare-related properties comprising 20 buildings, located throughout Indianapolis.
Medical Portfolio 3 consists of approximately 689,000 square feet of gross leaseable area. The portfolio is 91 percent leased, and is primarily anchored by Clarian Health Partners, which has occupancy [...]