Business

Bush: Saudi Oil Production Hike Not Enough

admin_huliq — Sat, 17 May 2008 10:26:00 -0500

U.S. President George Bush says a modest increase in oil production by Saudi Arabia will not solve the problem of soaring gasoline prices in the United States.

Fannie Mae Prices Offering $2 Billion Of Preferred Stock

ruzik_tuzik — Sat, 17 May 2008 06:39:43 -0500

Fannie Mae (NYSE: FNM) today priced $2 billion, or 80 million shares, of non-cumulative, non-convertible, perpetual fixed-rate preferred stock, designated as Series T. The Series T preferred stock (CUSIP 313586737) has a stated value of $25 per share and a dividend rate of 8.25 percent per annum. Fannie Mae will have the option to redeem all or part of the preferred stock on or after May 20, 2013. It is expected to be issued on May 19, 2008.

S&T Bancorp Announces Merger Approval By IBT Bancorp

ruzik_tuzik — Sat, 17 May 2008 06:37:13 -0500

S&T Bancorp, Inc. (Nasdaq: STBA) today announced shareholder approval of the previously announced merger transaction in which S&T Bancorp, Inc. will acquire IBT Bancorp, Inc. (Amex: IRW). The special meeting of shareholders of IBT Bancorp, Inc. was held on May 13, 2008 at 2:00 p.m. EDT.

Tradeshow Products Clarifies Issued Shares

ruzik_tuzik — Sat, 17 May 2008 06:35:39 -0500

Tradeshow Products Inc. (OTC Bulletin Board: TSPD) today announced that Mr. David Goldberg, TSPD's CEO has returned a portion of his shares to treasury.

Asia Tour Brings Gold Investment Opportunities To China

ruzik_tuzik — Sat, 17 May 2008 06:33:44 -0500

Capital Gold Group, Inc. is initiating opportunities in China to co-venture with existing gold producers and distributors to bring gold investments to the average investor.

TRISUL Reports Net Revenue Growth Of 95%

ruzik_tuzik — Sat, 17 May 2008 06:31:38 -0500

TRISUL S.A. (Sao Paulo Stock Exchange: TRIS3), announces its financial results for 1Q08.

Meruelo Maddux Announces 2008 First Quarter Results

ruzik_tuzik — Sat, 17 May 2008 06:29:29 -0500

Meruelo Maddux Properties, Inc. (Nasdaq: MMPI), a self-managed, full-service real estate company that develops, redevelops and owns commercial and residential properties, today announced results for the three months ended March 31, 2008.

Franchising And How to Do it

newswire — Sat, 17 May 2008 00:19:53 -0500

Franchising and how to franchise a business for a low investment of $200 or £100

Mortgage rates down as inflation fears ease

admin_huliq — Fri, 16 May 2008 15:09:09 -0500

Mortgage interest rates dropped as fears of inflation eased. Adjustable rate mortgages were helped the most. The Fed’s aggressive posture and track record for action (i.e. Bear Stearns, liquidity injections, rate cuts), and led by stability of the dollar and tamer-than-expected inflation data all helped the cause.

Housing Starts Jump in April

admin_huliq — Fri, 16 May 2008 15:05:23 -0500

Builders picked up the building pace in April as the industry streaked past analyst estimates for new housing starts. Led mainly by the development of multi-family projects builders showed that they exist to do one thing - build. It's a good news as the housing starts rise unexpectedly. Could this be the bottom of the real estate crisis in the United State?

AT&T Announces New Contract with West Suburban Bank

harminka — Fri, 16 May 2008 14:44:38 -0500

AT&T Inc. (NYSE:T) today announced a new three-year network service contract with West Suburban Bank. Based in Lombard, West Suburban Bank is a community banking company with 34 locations throughout Illinois.

UC Irvine Extension Offers New Spa Management Courses

Taylor — Fri, 16 May 2008 13:53:11 -0500

University of California, Irvine Extension announces the newest online elective courses added to its renowned Spa and Hospitality Management certificate program. Uniquely developed to meet the demands of the burgeoning spa market, “Integrating the Business of Wellness in Your Spa” and “Quality Management for Spas,” address the multitude of details involved in day-to-day spa operations.