H&R Block Posts Loss As Share Price Jumps Nearly 7.5 Percent
H&R Block Building
Digital News Report – H&R Block, Inc. (NYSE:HRB) posted a huge loss on Thursday leaving investors wondering how the company will turn things around. The share price dropped $0.37 (-2.86%) to $12.57 during trading day on Thursday.
The Q1 2011 earnings data was released after the market closed and in after [...]
Mariner Energy Stock Price Tumbles After Oil Rig Catches Fire
Several Types of Platforms
Digital News Report – Mariner Energy, Inc. (Public, NYSE:ME) stocks fell Thursday after their Vermilion Block 380 oil platform caught fire. Initial reports suggested that there was an explosion on the rig, but the company only says “fire”.
The share price was down $0.60 (-2.57%) to $22.75. In a second statement the [...]
Santa Cruz Home Sales Decline in July
Digital News Report – The National Association of Realtors reported that existing home sales declined in July while home prices increased.
There were 5,260,000 homes sold in June but only 3,830,000 sold in July (seasonally adjusted). On a non-seasonally adjusted basis, the price increased from $230,000 to $232,000.
In Santa Cruz County [...]
Credit Cards for Bad Credit Customers
Digital News Report
Digital News Report – The downturn in the economy has made it difficult for Americans to handle their debts. Bankruptcies and the unemployment rate are high while credit has become tight.
Credit cards have become an integral part of our society and are needed to rent a car, a hotel room and in [...]
Debt Consolidation Loans for People with Bad Credit – New CitiBank Help
Digital News Report
Digital News Report – Debt consolidation loans are intended to help people combine multiple high-interest loans into one easy payment. The debt could be the result of credit cards, student loans and other personal loans.
Citigroup now offers debt consolidation loans from $300 to $15,000 or more. There are several [...]
Government Home Loan Modification Program
Digital News Report
Digital News Report – Over the past several years declining home prices and high unemployment have caused more homeowners to file for bankruptcy or enter foreclosure. The Obama loan modification program was designed to stem the tide of foreclosures.
A survey last week by the American Association of Realtors found [...]
Home Loan Refinance Rates – Adjustable Rate Mortgages Higher Today
Digital News Report
Digital News Report – The average 30-year fixed mortgage (FRM) refinance rate increased two basis points to 4.574% today. Over the past 30-days the rate has increased one basis point.
Refinance rates may be different than new purchase mortgage rates. Both Chase and Bank of America charge different rates depending on type [...]
Home Loan Modification Application Process – Steps to make it Permanent
Digital News Report
Digital News Report – The government home loan modification program helps struggling homeowners remortgage their existing loans to lower monthly payments by adjusting interest rates, extending repayment terms, and through principal forgiveness options. The goal of the Home Affordable Modification Program (HAMP) is to help lower the monthly mortgage payment to less [...]
Bad Credit Personal Loans – New Bank Offering
Digital News Report
Digital News Report – There are some advantages to a personal loan over a credit card or payday loan. Many Americans are looking for a low cost solution to their debt problems.
Unexpected emergencies or the loss of a job can put consumers in a financial bind. An unsecured personal loan could [...]
Obama Loan Modification Program Improvements
Digital News Report – The government loan modification program is helping save homeowners from foreclosure while helping stabilize the housing market, according to a recent HUD report.
After the collapse of the housing market, many Americans found themselves owing more money on their homes than they were worth. These underwater homeowners either walked [...]