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Financial News
Boart Longyear (BLY) 22c - The Australian
LONG after the financial world imploded, the mining services story -- the one about the Chinese laundries making the real money in the gold rush -- was still compelling. The modern version goes that the drillers, explosives makers, mine accommodation ...

Qantas, BA merger no done deal - The Age
JUST a week after the global financial crisis derailed what would have been one of the world's largest mergers, the same economic forces have brought two national airlines to the table for merger talks. Qantas and British Airways have been in ...

Italian Stocks - Factors to watch on Dec 4 - Forbes
MILAN, Dec 4 (Reuters) - The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). Fiat aims at least to maintain next year its ...

Market Report: RBS soars on back of Merrill's rescue plan - The Independent
Royal Bank of Scotland registered a stellar 16.79 per cent rise last night after the house broker Merrill Lynch suggested a radical restructuring strategy to save the bank, already majority-owned by the British taxpayer, from full nationalisation ...

Foreign ownership limits in Qantas Act brings BA down - The Australian
FOR Qantas a merger with British Airways provides the opportunity to become a mega airline or else face the prospect of being forced over time to contract to a niche regional player. Consolidation of major carriers is already under way in response to ...

Is the new Russian airline self-defeating? - International Herald Tribune
MOSCOW : Russia is creating a new state giant, Russian Airlines, to absorb carriers crippled by the financial crisis, but experts warn it will damage Aeroflot and reverse years of progress toward a vibrant airline industry. Aeroflot, the state ...

Earnings roundup: General Growth, Radian - CNBC
CHICAGO (AP) — Shares of troubled mall owner General Growth Properties Inc. plunged Wednesday after the company reported disappointing third-quarter results, cut its year-end forecast and said it needs to refinance $900 million in debt by the start ...

BA shares hit turbulence over pension fund worries - Times Online
Investors in British Airways were fastening their seatbelts yesterday amid fears that the carrier was flying into a pension fund black hole. The shares, already beset by a sudden drop in business-class passengers and rising oil costs, fell another 16 ...

Russia's new state airline will stifle competition - Reuters
MOSCOW (Reuters) - Russia is creating a new state giant, Russian Airlines, to absorb carriers crippled by the financial crisis, but experts warn it will sideline Aeroflot and reverse years of progress toward a vibrant airline industry. Aeroflot (AFLT ...

Stakes raised for Air France and Alitalia - Financial Times
Karl Marx once wrote that history repeats itself first as tragedy, the second time as farce. Arguably a farce is exactly what is being played out as airlines in France and Italy face the latest aviation crisis. No one should forget that on the day ...

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Today's Mortgage Terms starting with H

  • Home Equity Line of Credit: A type of revolving credit in which your home is used as collateral.
  • Home Equity Loan: A revolving line of credit or loan based on the equity in the mortgagor's property. The property is the collateral for the loan, which is usable for any purpose.
  • Housing and Urban Development (HUD): A U.S. government agency created to introduce federal housing and community development programs; manages the Federal Housing Administration.

    View all Terms
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