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Pint-Sized Profits For Greene King - Forbes
The British pub chain kept its dividend payment but posted a 72.0% drop in net income compared to a year earlier. Come here often? Not really. Britain's pub chains are struggling to lure customers into their warm havens in the midst of the consumer ...

Divi cheer at Greene King amid pubs woe - Evening Standard
Greene King today emerged as one of the winners from the carnage in the pub sector, becoming the only mainstream player that is still paying a dividend to shareholders. The IPA and Speckled Hen brewer, which also runs 1400 pubs, held sales steady at ...

Ford CEO offers to work for $1 a year - KING-5
WASHINGTON, D.C. - Ford Motor Co. is asking Congress for a $9 billion loan as a "backstop" to keep it from running short of cash in 2009, but says it doesn't expect to need the money. Unless one of Detroit's other Big Three auto companies goes bust ...

Redstone feeds fish as his empire implodes - Guardian Unlimited
Sumner 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 ...

Florida leads nation in fraudulent mortgage applications - Miami Herald
Despite more stringent underwriting of mortgages in the wake of record foreclosures, lenders continued to battle the problem of home loan fraud during the second quarter of theyear, with Florida borrowers again submitting more questionable loan ...

With commercial financing scarce, real estate buyers with cash expect ... - Dallas Morning News
In a commercial real estate market where buyers are hard to find and credit is even scarcer, cash has become king. Broker Jerry Yoder of Henry S. Miller Commercial recently worked on a deal to sell a Carrollton shopping center on Belt Line Road ...

Sumner Redstone offers to sell cinema chain to head off banking ... - The Independent
Sumner Redstone, the octogenarian media mogul, has offered to sell the cinema chain that first made him a billionaire, in a desperate bid to hang on to the rest of his television and film empire. With a 19 December deadline looming to refinance $800m ...

Jeremy Warner: Bankers adopt can't lend, won't lend approach - The Independent
Outlook Mervyn King, the Governor of the Bank of England, suggests that the banks may have to raise even more capital if they are to be persuaded to start lending again, and that if they still prove reluctant then the Government may have to resort to ...

Treasury Yields Drop to Record Lows as Bernanke Cites Buybacks - Bloomberg
Dec. 1 (Bloomberg) -- Treasuries rose, pushing yields to record lows, as Federal Reserve Chairman Ben S. Bernanke said the central bank may purchase Treasuries and target long-term interest rates to combat the deepening recession. Bonds rallied for a ...

Janesville native gives best effort in war on foreclosures - Milwaukee Journal Sentinel
Washington - When Steve Preston took over as secretary of the Department of Housing and Urban Development this summer, he inherited an agency tainted with scandal at a time of intense turmoil in the housing market. The Janesville native had no ...

Today's Mortgage Terms starting with G

Good Faith Estimate: A written estimate of the closing costs the borrower will most likely have to pay based on common local practices. Under the Real Estate Settlement Procedures Act (RESPA), the lender is must provide this disclosure to the borrower within three days of receiving a loan application.

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