Mortgage and Financial News From 2008-1-18 Page 64

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• Somerfield put up for sale after surprisingly good results - Guardian Unlimited

  Somerfield put up for sale after surprisingly good resultsGuardian Unlimited, UK - 3 hours agoThey had hoped to refinance the business to release cash last summer but failed to complete the deal before the credit crunch set in. ...
  2008-01-18 12:03:22

• Texas Home Mortgage Refinance Soars - Emediawire (press release)

  Texas Home Mortgage Refinance SoarsEmediawire (press release), WA - 3 hours agoLonestarfinancing.com, headquartered out of Austin, Texas, has reported a 38 percent spike in online refinance applications for January 2008. ...
  2008-01-18 12:12:21

• Taming the Foreclosure Monster - PR Web (press release)

  Taming the Foreclosure MonsterPR Web (press release), WA - 3 hours agoMany of them were banking on appreciation to help them refinance into lower monthly payments, only to see values decline. The personal toll this is taking ...
  2008-01-18 12:17:11

• DCI could offer Hicks way out - ic Wales

  DCI could offer Hicks way outic Wales, United Kingdom - 3 hours agoHicks and Gillett have to reach an agreement with the Royal Bank of Scotland within six weeks to refinance the loan they took out to buy the club. ...
  2008-01-18 12:23:48

• Liverpool: When Owners Go Bad - Squarefootball

  Liverpool: When Owners Go BadSquarefootball, Ireland - 3 hours agoOn top of all this are the continuous rumours about the two owners’ inability to refinance the loans that they took to buy the club and their intention of ...
  2008-01-18 12:33:14

• Enterprise to help smoke-damaged pub landlords - Guardian Unlimited

  Enterprise to help smoke-damaged pub landlordsGuardian Unlimited, UK - 3 hours agoEnterprise hopes to be able to refinance some of its business later this year and is expected to use money raised to buy back shares and to acquire more ...
  2008-01-18 12:57:09

• Scenes from a meltdown: Inside the collapse of a printing giant - ReportonBusiness.com

  Scenes from a meltdown: Inside the collapse of a printing giantReportonBusiness.com, Canada - 2 hours agoReworking the European deal consumed much of Mr. Lucas's time over during the following the months, since looming deadlines to refinance borrowing and ...
  2008-01-18 01:57:13

• RLPC-Syndication soon for Evraz $3.2 bln loan-source - Reuters

  RLPC-Syndication soon for Evraz $3.2 bln loan-sourceReuters - 1 hour agoPart of the proceeds will be used to refinance a $1.8 billion, one-year bridge facility that Evraz signed in March 2007 to fund its acquisition of Oregon ...
  2008-01-18 02:07:44

• County home sales worst in the state - Portsmouth Herald News

  County home sales worst in the statePortsmouth Herald News, NH - 56 minutes ago"Right now, people are less likely to be able to refinance and invest in new projects. That affects the construction industry, which is declining. ...
  2008-01-18 03:03:18

• Real estate industry takes hit - The Olympian

  Real estate industry takes hitThe Olympian, WA - 54 minutes agoHanson said he expects mortgage interest rates to fall, which could trigger a refinance boom this year, and new mortgage brokers licensing requirements were ...
  2008-01-18 03:05:19

• AMCOL International (NYSE: ACO) Reports Fourth-Quarter and 2007 ... - CNNMoney.com

  AMCOL International (NYSE: ACO) Reports Fourth-Quarter and 2007 ...CNNMoney.com - 21 minutes agoThe 2007 amount includes expenditures to construct new corporate offices that we intend to refinance through a sale-leaseback transaction in the first ...
  2008-01-18 03:38:34

• SAP Seals Business Objects Deal (BusinessWeek)

  On news of the acquisition, Deputy CEO Apotheker says it's an "exciting time" for the tech industry, despite economic fears and sagging share prices
  2008-01-18 12:53:55

• Scenes from a meltdown: Inside the collapse of a printing giant (The Globe and Mail)

  MONTREAL — Pierre Karl Péladeau hit the ceiling back in 2002 when reports surfaced suggesting a group of U.S. managers at Quebecor World Inc. , backed by legendary buyout firm Kohlberg Kravis Roberts & Co., were poised to make a $5-billion offer for the commercial printing giant.
  2008-01-18 01:58:42

• RLPC-Syndication soon for Evraz $3.2 bln loan-source (Reuters via Yahoo! Singapore News)

  LONDON, Jan 18 - Russian steel major Evraz Group will launch syndication on Friday of a $3.214 billion structured multi-tranche loan, which will be used for refinancing and for general corporate purposes, a banking source said.
  2008-01-18 02:05:07

• MFS fall reflects Australian market worries (FT.com via Yahoo! News)

  Shares in MFS, the Australian investment and tourism group, lost more than two thirds of their value on Friday, highlighting serious market concerns about exposure to the property sector and to companies facing imminent refinancing.
  2008-01-18 02:20:24

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