AFP - Fresh troubles in the subprime segment of the US housing market have reignited fears of contagion that could affect the broad financial sector and possibly the broader economy, analysts say.
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FT.com - US stocks fell sharply on Tuesday, hurt by retail and housing sector earnings warnings. Financials were roiled by more bad news from the subprime mortgage market.
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Central Parking Corp. said Tuesday its partnership with Global Parking Systems LLC has begun managing parking operations at San Francisco International Airport. via The Tennessean
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The U.S. investment bank is buying the 23-story building, located in Seoul, for $1.04 billion, a record price.
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| Real estate giant enters WNY market Bizjournals.com, NC - by James Fink Cushman & Wakefield Inc., one of the largest and most recognizable names in commercial real estate circles, will soon have a Buffalo presence. ... Pyramid to join with real estate firm |
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By Al Karr, The Wall Street JournalRISMEDIA, July 11, 2007??”(MarketWatch)??”More highway construction is being done at night, easing traffic tie-ups and disruptions during the day. But the benefits of night roadwork come with a host of safety concerns for motorists who are on the roads after dark.In many states, up to a third of [...]
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Home builder D.R. Horton Inc. said on Tuesday declining home values would lead to its first quarterly loss since it listed on the New York Stock Exchange in 1995, sending its shares to a three-year low.
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AP - The Home Depot Inc., the world's largest home improvement store chain, on Tuesday cited continued weakness in the housing market and the sale of its wholesale distribution business as it issued a bleaker-than-expected financial outlook for the year.
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AP - The traditional spring home-selling season was a bust for D.R. Horton Inc., one of the biggest nationwide homebuilders. Horton said Tuesday it will post a loss from operations for its latest quarter after net orders fell 40 percent and it wrote down the value of unsold houses.
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Laurie Pike, a style director for Los Angeles Magazine, jets four times a year from Los Angeles to Paris, where she has three pieds-?-terre, in three very different parts of the city.
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