Archive for August, 2009

Loans could help fill housing gap (The Danville Commercial-News)

Monday, August 31st, 2009

Development leaders hope a low-interest gap-loan program created last year — but still unused — will help change the definition of “bedroom community” in Danville.

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Funds Dump Retail Shares as Cash Flows From Fortune to Goldman (Bloomberg)

Monday, August 31st, 2009

Aug. 31 (Bloomberg) — Mutual funds, pensions and endowments are unloading U.S. consumer stocks at the fastest pace in at least 14 years. Institutions controlling $16.4 trillion sold $1.8 billion more than they bought of department stores, distillers and hoteliers this month, according to data compiled by State Street Corp.

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NBA Sunday: Jackson to Dallas? (HoopsWorld)

Monday, August 31st, 2009

Are the Dallas Mavericks talking trade for Stephen Jackson? … Two teams still working on sign-and-trade for David Lee… More ideas for Boozer trades…

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Small sells: Retail condos in Silicon Valley draw buyers despite financing woes (BizJournals)

Sunday, August 30th, 2009

SAN JOSE — In a slow commercial real estate market, developers are finding the smaller the product and the lower the price, the bigger the pool of customers.

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Man swindles cash out of woman (The Nashua Telegraph)

Sunday, August 30th, 2009

A Salem man talked a Derry woman out of $7,300, claiming he needed money to buy a foreclosed house in Nashua, the Eagle-Tribune reports. …

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Let’s Trade Carlos Boozer (HoopsWorld)

Sunday, August 30th, 2009

Carlos Boozer is ready to move on from the Utah Jazz, so we at HOOPSWORLD have devised a few potential trades that could land him in new digs…

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Why fund investors didn’t get their timing right (The Hindu)

Sunday, August 30th, 2009

“Buy low and sell high” is a lesson mutual fund investors in India continue to ignore, as trends in money flows into mutual funds over the past two years show.

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Getting cash out of clunkers (Press & Sun-Bulletin)

Sunday, August 30th, 2009

People trading in their old gas guzzlers aren’t the only ones receiving the benefits of the government-run ‘Cash for Clunkers’ program.

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3M plant drops more positions (Columbia Daily Tribune)

Sunday, August 30th, 2009

Columbia’s 3M Co. plant absorbed another blow Thursday when it was announced that 17 hourly production workers were being laid off. Most of the employees were to be released Friday.

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Madoff trustee to review swindled victims’ claims (Reuters via Yahoo! News)

Saturday, August 29th, 2009

The bankruptcy trustee overseeing the liquidation of Bernard Madoff’s investment advisory firm will ask a court to decide how much the imprisoned swindler’s victims should recover, including those seeking profits reflected on their faked account statements.

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