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PRESS DIGEST-Canada-May 16
ReutersMay 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * The revelation that Canadian Prime Minister Stephen Harper's...Tags: Canada, National Government, Government, Haqqani Network, Toronto (Canada)
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RPT-ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
Reuters(Repeats story from early in the day) By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could...Tags: International Energy, Government, Economic Indicator, Fannie Mae, Religion and Belief
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Mortgage rates climb, 30-year loans now above 3.5 percent
Sun SentinelAverage interest rates on both 15- and 30-year fixed-rate mortgages increased for the second week in a row, with the 30-year jumping above 3.5 percent for first time in weeks, Freddie Mac said Thursday. Average 30-year, fixed-rate loans rose to 3.51...Tags: Freddie Mac
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Mortgage rates climb on strong economic reports
Tribune reporterMortgage rates passed the 3.5 percent mark this week, largely due to a strong report on consumer spending. Freddie Mac reported Thursday that the average interest rate on a 30-year fixed-rate mortgage was 3.51 percent this week, compared with 3.42...Tags: Money and Monetary Policy, Finance, Financial and Business Services, Economy, Business and Finance, Freddie Mac
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Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%
Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...Tags: Credit Ratings, Loans, Financial and Business Services, Freddie Mac
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ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
ReutersBy Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could trump all that - and provide another leg...Tags: International Energy, Government, Economic Indicator, Fannie Mae, Religion and Belief
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Two EM trades make for blockbuster day in US high-grade market
ReutersBy Shankar Ramakrishnan NEW YORK, May 13 (IFR) - Two emerging market trades transformed what looked like a relatively sedate day into a blockbuster Monday as they collectively raised USD14.25bn, or the bulk of the total USD16.325bn of high-grade paper...Tags: Fifth Third Bancorp, Deutsche Bank AG, Credit Ratings, Prices, JPMorgan Chase & Co.
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More than quarter of Orlando home resales top asking price
Demand for resale homes in the Orlando area outstripped the supply so much in April that more than a quarter of the properties sold for more than their asking price, according to the Orlando Regional Realtor Association. The median price of last month'...
Tags: Property, Realty, Services and Shopping, Real Estate, Orlando Real Estate
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Paulson raised bet on mortgage insurers in 1st quarter -filing
ReutersBy Svea Herbst-Bayliss BOSTON, May 15 (Reuters) - Billionaire investor John Paulson bet more heavily on mortgage insurers during the first quarter, which suggests that his hedge fund expects the housing recovery to grow stronger in the months ahead....Tags: Delphi Corp, Mutual Funds, Insurance, Hartford Financial Services Group Incorporated, Securities
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Lacker says Fed should get out of U.S. mortgage market
ReutersBALTIMORE, May 15 (Reuters) - An improving U.S. housing market suggests it is time for the Federal Reserve to stop aiming its stimulus at the real estate sector, Richmond Fed President Jeffrey Lacker said on Wednesday. "When you look at housing market...Tags: Securities, Federal Reserve, Derivative Securities
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Orlando still most 'financially distressed' in U.S., despite slight 1st-quarter improvement
Fighting economic crosscurrents, Orlando-area residents managed to improve their financial situation in recent months, though not enough to change the region's first-place ranking among the country's most financially troubled metropolitan areas, according...
Tags: Palm Beach (Palm Beach, Florida), Orlando, Financial and Business Services, Saint Petersberg (Russia), Miami (Miami-Dade, Florida)
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Avalanche of news deals hits US high-yield market
ReutersBy Rachelle Kakouris NEW YORK, May 15 (IFR) - Another avalanche of new deals hit the screens this morning with almost USD5bn added to a burgeoning high-yield pipeline. Several of these are sizeable drive-by offerings for pricing today, and come on top of...Tags: Dynegy Incorporated, Morgan Stanley Dean Witter & Company, Books and Magazines, Neenah Paper Incorporated, First Data Corporation
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| South Florida Sun-Sentinel
May 16, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| Los Angeles Times
May 15, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 15, 2013
|Story| Orlando Sentinel
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Orlando Sentinel
May 15, 2013
|Story| Reuters
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