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Lighting maker Acuity to cut 800 jobs - Atlanta Journal ConstitutionAcuity Brands, the Atlanta lighting products maker, said Tuesday it will shed 800 jobs — or 11 percent of its work force — in response to a weak housing market that also hurt fiscal fourth-quarter results. The company, which reported an 18 ...
Gloomy earnings season likely, analysts say - Atlanta Journal ConstitutionNary a Wall Street investor is surprised that third-quarter earnings reports due in the coming weeks are predicted to be a washout. Those waiting for some good news in a market that lost more than $7 trillion over the past 12 months ought to be ...
In Brief - Las Vegas Review JournalFitch Ratings Service downgraded the outstanding debt owed by MGM Mirage, citing problems the company has faced in financing the $9.2 billion CityCenter as well as slowing condominium sales and reduced gaming revenues in Las Vegas. Shares of MGM ...
Residents, businesses are seeking tax relief - Observer-DispatchProperty taxes take a bite out of Mike Killino’s restaurant business. Killino opened Riverside Diner on River Road in Marcy two years ago. And although he is getting by, he spends about two months a year catching up on his taxes after he pays them ...
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