Mortgage and Financial News From 2008-9-10 Page 6

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• Yahoo 12-month price target cut - CNET News

  A Wall Street analyst cut Yahoo's 12-month price target to $24 a share on Wednesday, citing a worsening economic climate and storm clouds on the horizon for future earnings growth. Previously, Yahoo's 12-month price target was set at $26 a share by ...
  2008-09-10 09:40:00

• New Survey: Americans Lack Basic Knowledge of Their Auto Loan Interest ... - MSN MoneyCentral

  According to a new survey from Capital One Financial Corporation COF , a surprising number (61%) of Americans who currently have auto loans do not know the interest rate they are paying on their loan. In a challenging economy, when saving money is ...
  2008-09-10 04:54:00

• Group steps up campaign favoring corn syrup (INO News)

  (AP:ST. LOUIS) A mother pours a child a flavored drink, a younger woman offers her boyfriend a Popsicle _ then both are confronted about the health effects of high-fructose corn syrup.
  2008-09-10 02:55:37

• Reserve Bank Of NZ Cuts Interest Rate 50 Basis Points (Nasdaq)

  (RTTNews) - In a move to stimulate a struggling economy, the Reserve Bank of New Zealand reduced its key interest rate by a greater-than-expected 50 basis points on Thursday.
  2008-09-10 02:59:18

• N.J. Blue Cross threatens to cut Phila hospitals from coverage (Philly.com)

  In the midst of its campaign to convert to a for-profit company, Horizon Blue Cross Blue Shield of New Jersey is threatening to cut two Pennsylvania hospital powerhouses out of its treatment networks.
  2008-09-10 03:09:30

• Brazil's GDP Data Show Growth Is Sustainable - Meirelles (INO News)

  SAO PAULO (Dow Jones)--Brazil's latest growth figures reinforce the idea that South America's largest economy is in the middle of "a sustainable cycle of growth" built on the decision to hold prices in check, Brazil's Central Bank President Henrique Meirelles said in a statement Wednesday.
  2008-09-10 03:17:25

• Lenny the Loanshark ad pans payday loan proposition (The Business Journal of Phoenix)

  An organization trying cap interest payments levied by payday loan providers in Arizona will debut an ad on YouTube Thursday, mocking the industry's hidden fees.
  2008-09-10 03:23:19

• New Zealand rates cut deeper than expected (TODAYonline)

  Cars and buses make their way up and down Victoria Street in central Auckland. Faced with a rapidly slowing economy, New Zealand's central bank cut the official interest rate by half a percentage point on Thursday, double the reduction forecast by analysts.
  2008-09-10 03:38:28

• (AFX UK Focus) 2008-09-10 23:24 UPDATE 1-NZ c.bank cuts rates by half a point, kiwi tumbles (Interactive Investor)

  WELLINGTON, Sept 11 (Reuters) - New Zealand's central bank slashed interest rates by a more-than-expected half a percentage point on Thursday and said it expected to lower them further to help an economy widely seen in recession.
  2008-09-10 03:43:40

• Are Forex Markets Ready to Retrace US Dollar Strength? (Daily FX)

  With sentiment indicators pointing to deeply overbought conditions, the Dollar looks like it may have finally reached a near-term turning point against the major currencies.
  2008-09-10 03:44:07

• Race for deposits: Banks step up marketing, debut products - East Bay Business Times

  Banks and credit unions say they have seen a definite increase in the numbers of customers asking about the safety of their deposits. The shift in consumer behavior to put more money in perceived “safe” – read insured – banking institutions ...
  2008-09-09 04:34:00

• The day the music died - Age

  In a world where music is consumed in so many technologically savvy ways - from mobile phones to MP3 players, iTunes to internet radio - the process of aiming a laser beam on a shiny disc seems archaic. But the CD is still the overwhelming music ...
  2008-09-10 10:31:00

• How to determine your bank's financial health (Newsday)

  A little digging will tell you whether it's a safe place for your cash How can you tell whether your bank is in hot water?
  2008-09-08 03:41:36

• Why American Savers Have Drawn the Short Straw (BusinessWeek)

  
  2008-09-09 06:11:23

• Market's Changes Lifting Bank Fixed Annuity Sales (Financial Planning.com)

  Bank sales of fixed annuities are soaring, as a result of a favorable interest rate environment, the stormy equity markets, and new product features, according to insurance and banking executives.
  2008-09-09 08:38:30

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