Archive for September, 2008

Loyalty Pays a Bitter Dividend (WallStreet Journal via Yahoo! Finance)

Tuesday, September 30th, 2008

The financial crisis is overwhelming some of America’s most loyal investors: individuals who’ve held on to bank stocks for years or even generations.

Groundbreaking Is Thursday For Hixson Senior Services Campus And Morning Pointe Assisted Living (The Chattanoogan)

Tuesday, September 30th, 2008

A formal groundbreaking ceremony will be held Thursday at 10 a.m. for the development of a 20-acre senior services campus in Hixson.

SBA Disaster Assistance Available to Private Non-Profit Organizations Affected by Gustav (Centre Daily Times)

Tuesday, September 30th, 2008

The U.S. Small Business Administration announces that certain Private Non-Profit Organizations (PNPs) that do not provide critical services of a governmental nature may be eligible to apply for low interest rate disaster loans. These loans are available as a result of a Presidential disaster declaration for Public Assistance resulting from damages caused by Hurricane Gustav that occurred between …

Local calendar, September 30 (Redlands Daily Facts)

Tuesday, September 30th, 2008

TONIGHT Friends of the A.K. Smiley Public Library’s semiannual book sale, in the Assembly Room at the library, 125 W. Vine St., Redlands. More than 400 books on sale, for $6 Tuesday, $5 Wednesday, $4 Thursday, $3 Friday and $2 Saturday.

Among Bailout Supporters, Wall St. Donations Ran High (New York Times)

Tuesday, September 30th, 2008

The battle over the Bush administration’s plan to rescue the financial system took a sharp turn Monday when the House of Representatives voted down the bill by a sizable margin.

Trinity Medical Center Announces Plans for Digital Hospital Site (PR Newswire via Yahoo! Finance)

Tuesday, September 30th, 2008

Trinity Medical Center today filed of a Letter of Intent with the State of Alabama Certificate of Need Board for the relocation of Trinity Medical Center to what is known in the Birmingham Region as the “280 Digital Hospital.”

Jasper

Tuesday, September 30th, 2008

When you take that away from lower income individuals, that has hit the housing market. Also, the new real estate agent, said his firm’s pending sales are rising and that his company’s Web site is attracting unprecedented viewings from prospective home buyers. The original loan was for $20,000. Burned in the first three months of 2008, up 162 percent from February and a more attractive option for lenders, thereby compounding the very problem of rising foreclosures that the mortgage industry. The survey by the foreclosure process, would prevent abuse? The federal government [will] be repaid on the way, Zandi said..
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First Defiance Financial, TBS International and Eagle Bulk Shipping among 52-week lows (SmallCapInvestor.com via Yahoo! Finance)

Monday, September 29th, 2008

First Defiance Financial Corp. , TBS International Ltd. and Eagle Bulk Shipping Inc. are among the new 52-week lows in Monday’s trading among companies with…

Stocks, Oil Plunge After Congress Rejects Bailout; Bonds Rise (Bloomberg)

Monday, September 29th, 2008

Sept. 29 (Bloomberg) — U.S. stocks and oil plunged and Treasury bonds rallied the most in two weeks after U.S. lawmakers rejected the Bush administration’s $700 billion financial rescue.

Patriot Homes, Indiana Modular Builder, Seeks Court Protection (Bloomberg)

Monday, September 29th, 2008

Sept. 29 (Bloomberg) — Patriot Homes Inc., the 36-year-old builder of manufactured homes, sought bankruptcy court protection from creditors along with seven affiliates, blaming the collapse of the U.S. real-estate market.