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Teck Cominco sees darker coal demand picture - ReutersTORONTO, Dec 2 (Reuters) - Canadian miner Teck Cominco (TCKb.TO: Quote , Profile , Research , Stock Buzz ) acknowledged a gloomier outlook for metallurgical coal demand on Tuesday, further muddying the outlook for its ability to pay back a $5.8 ...
Pub chain on brink as it struggles with €26m debt - IndependentONE of the country's largest pub chains went into examinership last night after failing to refinance debts of €26m. The Thomas Read Group, which employs 420 people, sought the protection of the High Court yesterday as it looked for more time to ...
Bad economy offers cheap stocks, cars - Brownsville HeraldMcALLEN - The daily deluge of glum news is a constant reminder of how things are looking worse than bad, but that also means prices are falling and it could be a buyer's market for some big-ticket items. And it goes beyond gas prices dropping below ...
Redstone feeds fish as his empire implodes - Guardian UnlimitedSumner Redstone , the media mogul who famously coined the phrase "content is king", could well achieve another kind of fame very soon as the first major media casualty of the recession. His vast empire - which includes CBS, Viacom , the MTV networks ...
Ailing economy opens doors for stock market novices, car buyers - McAllen MonitorThe daily deluge of glum news is a constant reminder of how things are looking worse than bad, but the sluggish economy also offers savings opportunities for saavy consumers. And it goes beyond gas prices dropping below $2 a gallon for the first time ...
General Growth hires bankruptcy lawyers - Las Vegas SunGeneral Growth Properties Inc., owner of several Las Vegas malls and developer of the massive Summerlin planned community, today confirmed it has hired bankruptcy attorneys to advise the company as it struggles to refinance debt. The Wall Street ...
Owner of four New Jersey malls could go bankrupt - Newark Star-LedgerDrowning in debt, and citing a weak retail and credit market, the owner of four New Jersey malls has hired bankruptcy lawyers and warned it could file for legal protection as it tries to dig itself out of a financial hole. General Growth Properties ...
General Growth stock closes down 64 percent - Las Vegas SunGeneral Growth Properties Inc. of Chicago, developer of the Summerlin planned community and owner of several Las Vegas shopping malls, said Monday it may seek protection from creditors if it cannot refinance some of its debt. As a result of the ...
The Jersey Squeeze: Families caught between cost and tax hikes - Asbury Park PressBefore 10-year-old Kyle Gamble settles down to his video games in his quiet Matawan home after school, he anxiously turns on CNBC-TV, where, each afternoon, some of the global economic crisis comes to rest on his small shoulders. At his tender age ...
Kill the competition: Woolies bid ... UK doubts ... Rio unwanted - Times OnlineThe Times : Woolworths is pushing its lenders to approve the sale of its music and film business for £100 million ($150 million) and its retail business for £1. Daily Telegraph : Through credit default swaps, investors are betting that there is a ...

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Today's Mortgage Terms starting with O
Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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