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Business briefs
Penske reports large profit in second quarter; Geely wins approval to buy Volvo from Ford; Home mortgage rates drop to historic low; 'Drive' republished due to production error; DTE Energy posts $86M quarterly profit
Read more News Source - Detroit News
Publish date - 07:23:16 07/30/10

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TriCo Bancshares Announces Quarterly Earnings
TriCo Bancshares (NASDAQ:TCBK) (the "Company"), parent company of Tri Counties Bank (the "Bank”), today announced quarterly earnings of $1,320,000 for the quarter ended June 30, 2010. This represents a decrease of $1,192,000 (48%) when compared with earnings of $2,512,000 for the quarter ended June 30, 2009. Diluted earnings per share for the quarter ended June 30, 2010 decreased 50% to $0.08 ...
Read more News Source - Finanzen.net
Publish date - 00:13:55 07/30/10

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TriCo Bancshares Announces Quarterly Earnings
CHICO, Calif.----TriCo Bancshares , parent company of Tri Counties Bank , today announced quarterly earnings of $1,320,000 for the quarter ended June 30, 2010. This represents a decrease of $1,192,000 when compared with earnings of $2,512,000 for the quarter ended June 30, 2009.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 00:09:44 07/30/10

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TriCo Bancshares Announces Quarterly Earnings
CHICO, Calif.--(BUSINESS WIRE)--TriCo Bancshares Announces Earnings
Read more News Source - Business Wire
Publish date - 00:23:44 07/30/10

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Ford Credit Launches Benchmark 7-Year Senior Note Offer at 6.9% Yield
Ford Credit Launches Benchmark 7-Year Senior Note Offer at 6.9% Yield
Read more News Source - FOX Business
Publish date - 00:22:19 07/29/10

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MetLife Announces Strong Second Quarter 2010 Results
NEW YORK----MetLife, Inc. today reported second quarter 2010 net income1 of $1.5 billion, or $1.84 per share. Net income reflects net investment gains of $767 million, after tax, including gains on derivatives.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 20:06:29 07/29/10

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MetLife Announces Strong Second Quarter 2010 Results
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today reported second quarter 2010 net income1 of $1.5 billion, or $1.84 per share. Net income reflects net investment gains of $767 million, after tax, including gains on derivatives. Operating earnings2 for the second quarter of 2010 were $1.0 billion, or $1.23 per share. “MetLife continued to deliver strong results during the second quarter ...
Read more News Source - Business Wire
Publish date - 20:14:09 07/29/10

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Bankrate: Mortgage Rates Reset Record Lows
Mortgage rates were lower this week, with the average conforming 30-year fixed mortgage rate hitting a record low of 4.71 percent, according to Bankrate.com's weekly national survey.
Read more News Source - PR Newswire via Yahoo! Finance
Publish date - 11:32:06 07/29/10

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Junk’s Best Rally Since March Entices Borrowers: Credit Markets
High-yield, high-risk bonds are rallying the most in four months on speculation defaults among the neediest borrowers will diminish as profits exceed forecasts.
Read more News Source - BusinessWeek
Publish date - 11:24:12 07/27/10

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For Members
Millions of Americans face potential financial ruin because they bought homes they couldn't afford. Often, these homeowners were lured by initially low interest rates that provided the illusion of affordability.
Read more News Source - Heritage Foundation
Publish date - 21:50:36 07/27/10

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Why the national debt is a ticking time bomb
Millions of Americans face potential financial ruin because they bought homes they couldn't afford. Often, these homeowners were lured by initially low interest rates that provided the illusion of affordability. After a few years, these "teaser" rates reset upward, creating unaffordably high mortgage payments.
Read more News Source - Juneau Empire
Publish date - 20:05:26 07/25/10

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In brief: Pay czar to identify banks he says overpaid executives - Fri, 23 Jul 2010 PST
WASHINGTON – The Treasury Department’s pay czar is preparing to criticize Wall Street banks that paid their executives lavishly after receiving taxpayer bailouts. Kenneth Feinberg will disclose a list of banks today that made payouts he has determined were inappropriate. Wall Street titans including JPMorgan Chase & Co. used poor judgment in paying executives as the global financial system ...
Read more News Source - The Spokesman-Review
Publish date - 17:05:07 07/23/10

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