How GE Went From American Icon to Astonishing Mess

The risks became clear only under Immelt, who took over the company in the wake of the dot-com bubble and right before the attacks of Sept. 11 (a particularly acute shock to a company that did billions of dollars in business with airlines). As the years went on and GE's stock price fell to a third of its
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India is raising custom duties on imported mobile phones to 20 percent from 15 percent, a bid to promote domestic manufacturing that may hurt Apple Inc.'s ability to compete in the world's fastest-growing smartphone market. The iPhone maker has been seeking to expand its presence in India and has
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CHARLOTTE, N.C.–(Business Wire)–Incenter LLC (“Incenter”), a leading provider of trading, advisory and fulfillment services for lenders and specialty finance companies, has completed its previously announced acquisition of Agents National Title Insurance Company (“ANTIC”). Terms of the transaction
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Mortgage rates continued their ascent, rising for the fourth week in a row. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average climbed to its highest level since last March, rising to 4.22 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1
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SANTA ANA, Calif., Feb. 1, 2018 – First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced the completion of its acquisition of Bank of America's lien release business. Bank of
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To succeed in today's financial landscape, banks must look at how they can best meet the demands of consumers, while at the same time ensuring they are keeping up with digital transformation. Today's customers want a banking experience that is easy and seamless across services and products.
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Capstead Mortgage (CMO) Earns Daily News Impact Rating of 0.19 … Capstead Mortgage earned a news impact score of 0.19 on Accern's scale. … mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises, either Federal National Mortgage Association (Fannie Mae) or
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Subject matter of an ETA: shareholder's equity vs. company's assets. A shareholder transfers the title to his certain property to the company in order to fulfil the obligation of capital contribution. Before the shareholder fulfilling the obligation of capital contribution, the title remains with the shareholder.
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AgentEDU and VHT Studios are rolling out the course, “How to Take Real Estate Photography,” to provide agents of all levels with direct online … and other real estate professionals rely on Agent Publishing for a cutting-edge mix of fresh local reporting, detailed analysis of major national trends and
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Despite the market telling me that I am wrong, I continue to believe that class B mall REITs are more opportunistic than ever before. The latest dividend cut of CBL led to another round of market panic – causing share prices to plunge and dividend yields to shoot up as high as 14.5%. The CBL mall
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Heilan Home Co Ltd, a China-based clothing company, will raise 10 billion yuan ($1.59 billion) from Tencent, JD.com, and Vipshop Holdings. The proposed deal represents a recent push by Tencent, China's biggest social network and gaming company, into brick-and-mortar retail to further compete with
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Servicers that handle loans in the government's Making Home Affordable program could face more enforcement at the urging of the Special Investigator General for the Troubled Asset Relief Program. Alleged mismanagement of MHA loans has become the biggest risk to the program, according to the
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The company made a similar announcement in 2016 that it was buying new 14 747-8F aircraft. So far, the company has received the first four planes from that order. One of these planes was put into service at Louisville International Airport on Wednesday afternoon. We had a chance to look at the
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When a lawyer is standing in front of a judge clutching an emergency motion, the case rarely concerns a real estate deal gone wrong. But Toronto-based lawyer Albert Frank recently raced to the courthouse to untangle a real estate twist he'd never before encountered in 30 years of practice. Mr. Frank
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The European Association of CCP Clearing Houses (EACH) has welcomed the progress made by the European Parliament's Committee on Economic and Monetary Affairs (ECON) to strengthen the legislative proposal from the European Commission on central counterparty (CCP) recovery and
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The Agency for Housing Mortgage Lending («AHML») and Tinkoff Bank have signed an agreement to set up a joint venture to offer mortgage lending on a special electronic platform. The agreement was signed by Alexander Plutnik, CEO of AHML, and Oleg Tinkov, Chairman of the Board of Directors of
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“Scotiabank has made significant investments in digital banking and digital technology. In TT we have made a big investment in launching our first, TT's first digital branch – our Price Plaza, Chaguanas branch…Our customers are consistently looking for more and more flexibility, more and more ease of
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I have been trying to access the online banking page for around a month with absolutely no success. It keeps saying that it is unavailable due to an external service problem. I have tried using different browsers and get the same response.
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On April 27, 2017, the House unanimously passed H.R. 1694, the Fannie and Freddie Open Records Act of 2017. H.R. 1694 would make the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) subject to FOIA. Fannie Mae and Freddie
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From 5th to 9th of February 2018 (inclusive), BRFkredit will sell bonds to refinance adjustable rate mortgage loans. Refinancing will be carried out in both BRFkredits RTL F bonds and in traditional non-callable bullet bonds. The bonds are offered for sale with 3rd of April 2018 as settlement date.
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