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- Basis Point
- one hundredth of 1%, used in relation to changes in bond interest rates. Thus a change from 7.5% to 7.4% is 10 basis points.
- Basis Point definition on BNET »
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- RHG to Move Back Some Mortgage Bonds
- Home loan provider RHG Ltd plans to move back the call date on some of its outstanding residential mortgage-backed bonds, in a sign the credit crunch is still affecting financial institutions.RHG, which used to own the Rams brand before it was sold Westpac Banking Corp, will ask bond holders...
- News items 2008-05-20
- Merrill, Other Banks Tap Debt Markets After Losses
- NEW YORK (Reuters) - Investment banks including Merrill Lynch & Co MER, UBS UBSN and Wachovia Corp WB sold more than $13 billion in new debt on Tuesday in a move to shore up their balance sheets. Financial firms "posted losses which eroded...
- News items 2008-04-22
- St George Cuts Commissions to Brokers
- St George Bank Ltd will cut commissions to mortgage brokers that don't sell an agreed percentage of the bank's mortgages.Australia's fifth largest bank said it made the move to offset the cost of higher wholesale borrowing rates caused by the global credit crunch.Brokers that sell St George mortgages will...
- News items 2008-04-30
Additional Resources
- Friendly Energy Oil Field Drilling Update
- Friendly Energy Exploration (PINKSHEETS: FEGR) -- The Company's operator reports today that the drilling has reacheda depth of 1550 feet. The drilling has penetrated the dolomitesub-structures as anticipated, confirming the possible oil bearingstructures the pre-drilling data indicated this prospect represents. "Drilling to total depth will continue on a 24 hr...
- Articles 2008-05-15
- DC Brands Answers Questions About Audit
- Today DC Brands International, Inc. (PINKSHEETS: DCBR) wanted to go on record by answering the single most asked question bythe many shareholders who call in on a regular basis, that being, "What isgoing on with the audit?" The company's CEO Richard Pearce said, "It is waypast the point of embarrassing...
- Articles 2008-05-14
- Phoenix Footwear Group Announces Significantly Improved First Quarter 2008 Financial Results
- * In line with preliminary results, operating income totals $101,000, compared to operating loss of $772,000 in Q107 * EBITDA totals $435,000 * Sales growth from continuing operations of 3% to $22.0 million year-over-year * Gross margin increases 1000 basis points to 36% on...
- Articles 2008-05-13
- Rubio's® Restaurants, Inc. Reports First Quarter 2008 Results
- CARLSBAD, Calif., May 13 /PRNewswire-FirstCall/ -- Rubio'sR Restaurants, Inc. today announced financial results for the 13-week first quarter ended March 30, 2008. First Quarter Results -- Revenues rose 2.9% to $42.2 million from $41.0 million for the 13-week quarter in 2007....
- Articles 2008-05-13
- New Mortgage Service Provider Added to Calyx Software Network
- Interface Update Expands Connections to Mortgage Service Providers SAN JOSE, Calif. -- Calyx Software([R]), the mortgage industry's leading provider of loan marketing, originating and processing software, has expanded the Calyx Network([R]) with a new network interface update. The May Calyx Network Interface update contains a new connection to...
- Articles 2008-05-13
- Hometown Bancorp, Inc. Announces First Quarter Earnings
- WALDEN, N.Y. -- Hometown Bancorp, Inc., (the "Company") (OTCBB: HTWC) the mid-tier holding company for Walden Federal Savings and Loan Association (the "Bank"), announced earnings of $157,000 for the three months ended March 31, 2008 as compared to $180,000 for the same period in 2007. For the three...
- Articles 2008-05-13
- Simon Property Group Sells $1.5 Billion of Senior Notes
- INDIANAPOLIS, May 13 /PRNewswire-FirstCall/ -- Simon Property Group, Inc. announced today that it has agreed to sell $1.5 billion of senior notes of its majority-owned partnership subsidiary, Simon Property Group, L.P., in an underwritten public offering through Banc of America Securities LLC, Citi Markets & Banking, Deutsche Bank...
- Articles 2008-05-13
- A.C. Moore Reports First Quarter 2008 Results
- * Gross margin improves 190 basis points versus last year * Ending cash position of $53.2 million BERLIN, N.J. -- A.C. Moore Arts & Crafts, Inc. (Nasdaq: ACMR) today announced results for the first quarter ended March 31, 2008. Sales for the first quarter...
- Articles 2008-05-12
- UTC Appoints Ari Bousbib President, Commercial Companies, and Corporate Executive Vice President; Michaud Becomes Otis President
- HARTFORD, Conn., May 12 /PRNewswire-FirstCall/ -- United Technologies Corp. has appointed Ari Bousbib president of its commercial companies, and UTC executive vice president. He will report to UTC President and Chief Executive Officer Louis R. Chenevert. Succeeding Bousbib as Otis president is Didier Michaud. Both appointments are effective...
- Articles 2008-05-12
- Warnaco Reports First Quarter 2008 Results
- Company Raises Adjusted Fiscal 2008 Guidance NEW YORK -- The Warnaco Group, Inc. (NASDAQ: WRNC) today reported results for the first quarter ended April 5, 2008. For the first quarter: * Net revenues rose 18% compared to the prior year quarter *...
- Articles 2008-05-12
- Football: Stop this man
- THE Premier League trophy will be handed out today after Manchester United and Chelsea both win their final games. But it should not be winging it's way to Old Trafford tonight. The League table will say both teams have 87 points after...
- Articles 2008-05-11
- Appreciating music for music's sake
- The other day, someone told me that my taste in music was "out there." And by that, they meant that the music I listened to on a regular basis was all bad. Well, as I have written and confessed in the past, not all my favorite bands...
- Articles 2008-05-09
- Saga Communications, Inc. Reports 1st Quarter 2008 Results
- GROSSE POINTE FARMS, Mich., May 8 /PRNewswire-FirstCall/ -- Saga Communications, Inc. today reported net income increased 23.0% to $910 thousand ($.05 per fully diluted share) for the quarter ended March 31, 2008 compared to $740 thousand ($.04 per fully diluted share) for the same period in 2007. ...
- Articles 2008-05-08
- Diodes Incorporated Reports First Quarter 2008 Financial Results
- Revenue and Gross Margin Improve Year-over-Year DALLAS -- Diodes Incorporated (NASDAQ:DIOD), a leading global manufacturer and supplier of high-quality application specific standard products within the broad discrete and analog semiconductor markets, today reported financial results for the first quarter ended March 31, 2008. Financial and Business...
- Articles 2008-05-08
- Radio One, Inc. Reports First Quarter Results
- WASHINGTON -- Radio One, Inc. (NASDAQ:ROIAK and ROIA) today reported its results for the quarter ended March 31, 2008. Net revenue was approximately $72.5 million, a decrease of 2% from the same period in 2007. Station operating income1 was approximately $28.9 million, a decrease of 15% from the same period...
- Articles 2008-05-08
- Design Within Reach, Inc. Reports First Quarter 2008 Results
- * First Quarter Net Sales Increase 7% to $47M * Gross Profit Margin Expands 550 Basis Points to 47.3% SAN FRANCISCO -- Design Within Reach, Inc. (NASDAQ:DWRI) today announced financial results for the first quarter ended March 29, 2008. First Quarter Results: ...
- Articles 2008-05-08
- The Ensign Group, Inc. Reports First Quarter 2008 Earnings
- Conference Call and Webcast Scheduled for May 8, 2008 at 2:00 pm ET MISSION VIEJO, Calif., May 7 /PRNewswire-FirstCall/ -- The Ensign Group, Inc. , the parent company of the EnsignTM group of skilled nursing, rehabilitative care services and assisted living companies, today reported results for the...
- Articles 2008-05-07
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