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Ge Cuts Forecast, Citing Wounded Financing Unit - Associated Press
hartford, conn. (ap) -- general electric co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings forecast for the year on thursday, blaming volatile financial markets that have damaged the profitability ...
hosted.ap.org

Hl:the Canadian Press Business News Budget For Thursday, Oct. 2, 2008@
business editors:@ here are canadian press business budget lines as of 10 p.m. et. plans may change as circumstances warrant. to contact canadian press business by e-mail, send messages to business(at)thecanadianpress.com.
news.ino.com

Walter Industries, Inc. Announces Plan To Separate Financing Business; Increases Share Repurchase Program By $50.0 ...
walter industries, inc. , a leading producer and exporter of u.s. metallurgical coal for the global steel industry, outlined today its plans to separate its financing business from the company's core natural resources businesses.
biz.yahoo.com

Switching Jobs From Developer To Lenders’ Consultant - Philadelphia Inquirer
what's a residential developer to do in these lean times with no banks lending money and few willing new home buyers? well, besides planning on attending phillies playoff games yesterday and today, wayne developer joe duckworth is transitioning his ...
www.philly.com

Eu Clears Germany's Bailout For Hypo Real Estate - Boston Globe
brussels, belgium— germany won european union approval thursday for a 35 billion euro ($51.2 billion) bailout of hypo real estate holding ag, which on monday became the first german blue-chip company to seek a government rescue. the european ...
www.boston.com

The Fed Has Had To Get A Little Creative
the federal reserve has used all its traditional tools and some new ones as it grappled with a spreading credit crisis. among them: deep interest rate cuts. low-cost lending to banks and investment banks. credit swaps with other central banks. and providing financing sources for the shutdown of investment bank bear stearns and the rescue of troubled insurer aig.
www.usatoday.com

Walter Industries To Spin Off Financing Business
walter industries inc.’s financing subsidiary, jwh holding co., is merging with hanover capital mortgage holdings inc. to create a company based in tampa that will employ 225 people. (wlt)
www.bizjournals.com

Scaled-back Plan For West Side Unveiled - Baltimore Sun
a scaled-back revitalization plan for the "superblock," a crucial piece of baltimore's west-side renewal effort, would include small- and medium-size stores, market-rate apartments in a 32-story tower and a 150-room boutique hotel. revised plans by ...
www.baltimoresun.com

Lca-vision Comments On Third Quarter Business Metrics - Forbes
cincinnati, oct. 2 /prnewswire-firstcall/ -- lca-vision inc. (nasdaq: lcav), a leading provider of laser vision correction services under the lasikplus(r) brand, today provided commentary on business metrics during the third quarter of 2008. "the ...
www.forbes.com

Tight Credit Becomes Problem For Small-business Owners
as lawmakers debate the proposed financial bailout bill, small-business owners who are especially vulnerable to financial meltdowns face even tighter credit than usual.
www.usatoday.com

Small Business Owners Look For Other Financing
small business owners have started turning to other source for loans as the credit markets freeze up. some are using second mortgages and credit cards to finance their businesses as banks change the terms of loans and increase interest rates.
cbs4denver.com

Dollar Hits Year High Vs Euro After Ecb Meeting - Boston Globe
new york— the dollar strengthened further against most major currencies thursday, hitting its highest point against the euro in more than a year as the european central bank warned of an economic slowdown, leading traders to bet on future interest ...
www.boston.com

Credit Crunch Creates A Funding Cliffhanger For The Film Industry - Times Online
it is no secret that investing in the film industry is a highly speculative and inherently risky business. apart from the threat of piracy and recent sagas such as the hollywood writers’ strike, there is no assurance of success – particularly as ...
business.timesonline.co.uk

Olam Has `no Financing Risk,' Weighing Takeovers, Verghese Says
oct. 3 (bloomberg) -- olam international ltd. , the singapore- based commodities supplier whose shares have fallen to a two-year low, is able to meet its financial obligations and may consider further takeovers, chief executive officer sunny verghese said.
www.bloomberg.com

Attractive New Financing At The Infinity
buying a home at the infinity is now easier than ever, thanks to a new financing program.* the infinity is offering 90-percent financing for well-qualified buyers on most homes making it more attractive than ever to become part of this stylish community with distinctive design, luxurious
www.mercurynews.com

World Markets Move Lower On Global Economic Fears - San Diego Union-tribune
london – world stock markets fell thursday as broader concerns about a global slowdown dampened relief over the u.s. senate's passage of the $700 billion bank rescue package. the dow jones industrial average fell, pushing europe's stock markets ...
www.signonsandiego.com

Ecb Hints At Rate Cuts As Banks Borrow In Droves - Guardian Unlimited
new york, oct 2 (reuters) - the european central bank on thursday signaled it might cut interest rates for the first time in five years as credit strains paralyzed money markets. interbank lending rates extended their upward march, reflecting ...
www.guardian.co.uk

Tax Increment Financing: A Double Edged Sword For Le Mars?
editor's note: this is the first story in a series looking into how tax increment financing (tif) is working in le mars. taxes on more than 60 percent of le mars commercial properties aren't going into the city's general fund.
www.lemarssentinel.com

Hl:business Staffing Plans For Thursday, Oct. 2, 2008@
business editors:@ here are canadian press business staffing plans as of 5 p.m. et. plans may change as circumstances warrant. queries should be addressed to business editor john valorzi at 416-507-2146 or to dave paddon on the business desk at 416-507-2138 or craig wong at 613-231-8631.
news.ino.com

Us Auto Sales Plunge As Credit Crunch Hits - Guardian Unlimited
washington, oct 1 (reuters) - major automakers reported plunging u.s. sales for september -- led by a 34 percent slide at ford motor co -- as an escalating credit crisis hit the slumping industry and raised new doubts about when the world's largest ...
www.guardian.co.uk