Weakening foundation for housing

"This is pretty bleak. The home-building market continues to slide away, and it is not over yet," said Mark Zandi, chief economist at
Economy.com. "Demand is now weakening as a result of the financial panic and the hit to the job market."
The declines last month reflect weakness in many parts of the country, led led by a 20.9 percent drop in the Northeast. Construction of single-family units there hit the lowest level on record.
Construction Read the rest of this entry »

February 28, 2007 | , ,
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Oakmark Equity & Income Fund to Re-Open to New Investors

The Oakmark Funds are a $20 billion mutual fund family that utilizes a
long-term value investment approach. Harris Associates L.P., a Chicago-based
investment management firm founded in 1976, serves as the Adviser to The
Oakmark Funds and manages domestic, international and global portfolios for
institutional and high net worth investors worldwide. The Oakmark Funds are
distributed by Harris Associates Securities L.P., member FINRA. For more
information Read the rest of this entry »

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Search Trent Hills businesses online

Oct 21, 2008 - 06:04 PM
TRENT HILLS - Consumers around the corner and around the world can now access detailed information about Trent Hills businesses.
On Oct. 17, the Municipality of Trent Hills and the Trent Hills and District Chamber of Commerce and Tourism Office, in partnership with Northumberland County, launched a new, searchable online directory profiling its local business community.
"Today, consumers are searching online for products Read the rest of this entry »

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Mixed Economic Data Show A Changing Business Cycle

The U.S. economy looks like it is traveling along two tracks.
If you look at output -- the amount of goods and services Americans produce -- the economy has been rising at a decent clip. But people aren't feeling it in their wallets because the factors driving their own incomes -- such as jobs and wages -- are under strain.
The point has been underscored by a slew of economic reports released in the past few weeks. The government's measure of Read the rest of this entry »

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Senior Business Analyst

Major Brisbane CBD based service provider focussing on government based clients, is looking for a Senior Business Analyst for an initial 3 month period. This role is responsible for the requirement analysis of technology and application architectures that are client focused and designed for efficient and effective operational management of services.
The role has a range of core responsibilities, including:
-Develop user requirements, analyse impacts Read the rest of this entry »

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California Hispanic Chambers of Commerce Opposes Proposition 2

The California Hispanic Chambers of Commerce (CHCC) has announced its opposition to Prop. 2 and has joined Californians for SAFE Food in the fight to stop the dangerous and costly Prop. 2 ballot initiative, ‘Standards for Confining Farm Animals. Initiative Statute.’
CHCC joins a growing list of leading Latino organizations opposed to Prop. 2, the UN-SAFE Food Initiative, including the Mexican American Political Association and the Read the rest of this entry »

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Futures Flat; Data Eyed

Stocks ended a shortened trading session on Christmas Eve with a modest bounce, while crude-oil futures prices continued their decline.
The Dow Jones Industrial Average gained 48.99 to 8468.48, while the Nasdaq Composite Index added 3.36 to 1524.90. The Standard & Poor's 500-stock index gained 4.99 to 868.15.
"You could say it's a slow day, but I think everybody is watching," said Jeffrey Frankel, president of floor-brokerage firm Stuart Frankel. Read the rest of this entry »

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GMAC's eased loan rules to buoy GM

GMAC Financial Services' decision Tuesday to ease lending rules should help bring auto loans to a larger group of customers, help General Motors Corp. sell more vehicles and, ultimately, help guard the world's largest automaker against what some had feared was increasingly inevitable: bankruptcy.
A day after the U.S. Treasury announced that it would inject $6 billion into GMAC, GM's minority-owned finance arm, GM and GMAC announced separate programs Read the rest of this entry »

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Infonetics Research: Subscriber data management market up 21% in …

-- SDM software makes up the bulk of SDM sales, while SDM integration
services are growing at a faster pace
-- Despite interoperability challenges posed by federating data from
multiple data stores, many service providers will purchase SDM software
along with off-the-shelf servers and integrate the software themselves
-- Mobile operators are using SDM solutions to extend the life of their
existing HLR and next gen HLR platforms Read the rest of this entry »

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Borders Shares Fall Ahead of Earnings Report

Deepening concerns about holiday book sales and third-quarter earnings pressured Borders Group Inc. Friday as its stock dipped below a dollar during trading before rebounding slightly.
The number of customers walking into bookstores has fallen sharply in the past month and investors are concerned that Borders will show further signs of weakness when it reports quarterly results Tuesday. The book retailer is expected to post a loss of 50 cents a Read the rest of this entry »

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