Many Americans are desperate to relieve their overwhelming debt burdens. Often they turn to unscrupulous settlement firms, which only make matters worse. But there are plenty of better options for whipping your debt into a mana…
Mortgage applications fell 1.4% in the week ending Sept. 17, dragged down by a decline in the number of applications for loans to purchase houses.
Applications for loans to purchase a home dropped 3.3% from a week earlier on a seasonally adjusted basis, The Mortgage Bankers Association said. Applications for loans to refinance a home dropped 0.9%.
The four-week moving average for…
Continue reading Mortgage Applications Drop 1.4%
Mortgage Applications Drop 1.4% originally appeared on DailyFinance on Wed, 22 Sep 2010 08:48:00.
Filed Under: Economy, People, Investing, Real Estate, Credit
CarMax Inc (KMX) reported quarterly earnings of 48 cents per share, up from 46 cents per share a year earlier.
Net sales rose 13% to $2.34 billion, from $2.08 billion a year earlier, the company said in a statement. Comparable store used unit sales rose 4%, with total used unit sales rising 5%.
“We are pleased to report another quarter of solid increases in both used and wholesale…
Continue reading CarMax Earnings Rise to 48 Cents Per Share
CarMax Earnings Rise to 48 Cents Per Share originally appeared on DailyFinance on Wed, 22 Sep 2010 08:15:00.
Filed Under: Company News, Earnings, Autos, Retail
Microsoft (MSFT) announced Tuesday that it was hiking its quarterly dividend to 16 cents a share from 13 cents a share — a 23% increase.
The new dividend represents an annual dividend yield of 2.5%, TheStreet reported. Microsoft had not raised its dividend in two years.
“This higher dividend, combined with our ongoing share repurchase program, reflects our commitment to returning…
Continue reading Microsoft Ups Dividend, Plans to Sell Debt
Microsoft Ups Dividend, Plans to Sell Debt originally appeared on DailyFinance on Wed, 22 Sep 2010 06:50:00.
Filed Under: Company News, Technology, Microsoft, Credit
The U.S. Federal Reserve is keeping its existing, easy monetary policy unchanged. But, it’s prepared to take additional action, if necessary, to stimulate the economy and combat falling prices.
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