Mortgage Refinance Application Down
Washington, D.C., October 12, 2005--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 7.
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NAR: Home Sales Forecast Looking Stronger
Washington, D.C., October 12, 2005--The forecast for home sales has trended up as the year progressed, fueled lately by added demand resulting from the impact of recent hurricanes, according to the National Association of Realtors.
FOMC Minutes Show Fed Leaning Toward More Hikes
Washington, D.C., October 12, 2005--Federal Reserve policy makers grew more concerned about inflation after Hurricane Katrina and said that interest rates would probably have to move higher to restrain prices, according to minutes of the central bank'
Homebuilder D.R. Horton’s 4Q Sales Up 33%
Fort Worth, TX, October 11,2005--D.R. Horton Inc., the largest U.S. home builder, said on Tuesday its quarterly organic net sales orders rose 33% to $3.8 billion.
Milliken Donation Offsets 100% of Greenbuild CO2 E
LaGrange, GA, October 11, 2005--Milliken & Company’s donation of more than 9 million carbon dioxide (CO2) credits is enough to offset 100 percent of the CO2 emissions associated with the U.S. Green Building Council (USGBC) 2005 Greenbuild International Co
Forbo Names Jörg Riboni CFO
Eglisau, Switzerland, October 11, 2005--As announced on August 23, 2005, Forbo has appointed a new chief financial officer and member of the group executive board.
Fed Probe of Former Kmart Execs Dropped
Detroit, MI, October 11, 2005--Federal prosecutors will not charge former executives of Kmart Corp., including former chairman and chief executive Charles Conway for their roles in events leading up to the discount retailer's 2002 bankruptcy.
Chain Store Sales Up Last Week
New York, NY, October 11, 2005--Chain store retail sales rose for the third consecutive week, with stronger sales in the Northeast and the Midwest, a retail report said on Tuesday.
Search Keyword Prices Rose 19% in One Year
San Francisco, CA, October 10, 2005--Since September 2004, when Fathom Online first published its Online Keyword Price Index, keyword prices have increased on average from $1.37 to $1.44.
Economists Cut 3Q Growth Estimates
Washington, DC, October 10, 2005---Top forecasters cut their outlook for U.S. growth and ramped up inflation expectations for the second half of 2005, but said the impact of hurricanes Katrina and Rita should prove short-lived, a survey released on Monday