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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Stocks: Economy data could set tone

Category : Stocks

Investors have a lot to chew on Thursday as new data is released for inflation, housing, jobless claims and consumer sentiment.

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Housebuilder upbeat as sales rise

Category : Business

Housebuilder Springfield suggests confidence is returning to the housing market, after posting strong first-quarter results.

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Will the stock market momentum continue?

Category : Business

After fresh records last week, investors will have slew of data on on the housing market, manufacturing sector and the consumer.

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MBIA soars 45% on reports of BofA settlement

Category : Stocks

MBIA to get $1.6 billion in cash from Bank of America to settle dispute over who is responsible for losses on mortgage securities after housing bubble burst.

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House prices fall for first time in seven months

Category : Business

Nationwide figures reveal 0.1% drop in house prices in April but figures still higher than 12 months before

House prices fell by 0.1% in April, the first fall in seven months, but they remained higher than they were 12 months previously, according to the UK’s biggest building society.

The figures from the Nationwide put the annual price of a UK home at £165,586. This is higher than the £164,630 recorded in March, but the seasonally adjusted figures, designed to smooth out changes driven by seasonal differences in activity in the market, showed a 0.1% fall over the month.

This was the first drop since September, and smallest of four during the last 12 months.

The annual rate of change, which is not seasonally adjusted, showed prices were up by 0.9% on April 2012, while a quarterly comparison showed a 0.5% increase on the previous three months’ averagRobert Gardnere.

April’s fall followed a flat-lining in prices in March, and reports of a slowdown in the mortgage market at the start of the year.

However, the society’s chief economist, Robert Gardner, said there were signs that activity and pricing had gained momentum.

“The three month on three month measure of house prices, which is a smoother measure of the underlying trend, has been in positive territory since October last year,” said Gardner.

“Similarly, the number of mortgage approvals has edged up from the levels prevailing last year, and there are reasons for optimism that activity levels will continue to strengthen in the months ahead.”

The society, which bases its figures on mortgage valuations it has carried out over the month, pointed to the return of first-time buyers to the market in recent months and government schemes to increase the cost and availability of credit as positive signs for the housing market.

It added that there were “tentative signs that wider economic conditions are starting to improve”, but noted that “progress is likely to be gradual”.

The most recent figures from the Land Registry showed a 0.1% rise in prices in England and Wales in March. However the data, based on completed purchases, showed vast differences between different regions, ranging from double-digit price falls in some cities to double-digit growth in some part of London.

Stocks: Starting at record levels

Category : Business, Stocks

Investors will be looking at data on the U.S. housing market and more corporate earnings Tuesday to sustain momentum after Monday’s gains.

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Grand Campus Living Development Wins Innovator Award

Category : Stocks, World News

DALLAS, TX–(Marketwired – Apr 25, 2013) – On April 11th, 2013 the third annual InterFace Student Housing conference took place at the Hilton Austin in Austin, TX. The 2013 Innovator Awards were distributed to companies who demonstrated excellence and innovation in student housing. Grand Campus Living, a division of Lincoln Property Company, won “Best New Development of a Property with Fewer Than 200 Beds.” Grand Campus Living, alongside development partner Fountains Residential Partners, earned this distinction for their development The Vue in Fort Worth, TX. As the recipient of one of only three awards given for new off-campus housing, Grand Campus Living has established itself as a leader in student living and housing development.

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VIDEO: MPs voice mortgage scheme concerns

Category : Business, World News

George Osborne’s flagship scheme to boost the housing market may not help first-time buyers and could cost the Treasury large sums, MPs have warned.

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Osborne warned on mortgage scheme

Category : Business, World News

George Osborne’s plan to boost the housing market may not help first-time buyers and could cost the UK large sums, MPs warn.

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Stocks rebound from year’s worst sell-off

Category : Business

Housing starts and rebounding gold prices drive gains, along with strong earnings from Coca-Cola, J&J and Goldman Sachs.

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