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Report: Some IPOs may surprise in 2009 - Birmingham Business Journal
The pickings may be slim for initial public offerings in 2009, but new issues could produce healthy returns, according to an industry report. The study by Greenwich, Conn.-based Renaissance Capital predicts that despite the likelihood that the IPO ...

Debt trouble at publisher of the The Times-News triggers auditor's ... - Idaho Statesman
NEW YORK — Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also ...

Debt trouble at Lee triggers auditor's warning - Seattle Times
Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also disclosed ...

Q&A: Small business and retail - San Jose Business Journal
Fehrenbach took his current position with the 650-member chamber in July. He is a loan officer at Palo Alto’s Stern Mortgage Co. A: It will be a pretty tough year. I think you will see a return to the old-school methodology where things that have ...

Debt trouble at Lee triggers auditor’s warning - World Link
NEW YORK — Lee Enterprises Inc., parent company of The World and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue. The company also disclosed ...

2008 The Year in Review, - Manhasset Press
Nighttime closures on the Roslyn Viaduct construction begin Jan. 21 for the protection of motorists and workers. The Tower Foundation of Manhasset holds presentations on Interactive Whiteboards (IAW). Tower's goal is to place an IWB in every ...

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Today's Mortgage Terms starting with A

  • Accrued Interest: Interest earned but has not been paid
  • Additional Principal Payment: A payment made by the borrower of more than the scheduled principal amount due with the purpose of reducing the remaining balance on the loan.
  • Adjustable Rate Mortgage: Loans with interest rates that are adjusted periodically based on changes of a pre-determined index. The index is based on market rates such as Treasury bills and prime rates. The ARM has an interest rate cap that limits the amount the interest rate can change.
  • Adjustment Period: Applicable to an ARM, the time between changes in the interest rate.
  • Amortization: Repayment of a debt with periodic payments, usually monthly, of principal and interest calculated to pay down the loan within a predetermined time.
  • Amortization Schedule: A timetable for payment of a mortgage detailing the amount of each payment applied to interest and principal and the balance left outstanding.
  • Annual Percentage Rate (APR): The cost of credit shown as a yearly rate. The annual percentage rate is usually not the same as the interest rate. The APR will be higher than the interest rate stated in the note due to the fact that it includes the interest rate, loan discount points, fees and mortgage insurance.
  • Appraisal Fee: A fee charged by a licensed, certified appraiser for a written estimate of a property's current market value at a specific time.
  • Assumable Mortgage: A mortgage that can be taken over by the buyer when a home is sold by the previous owner.

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