For Exxon Mobil Corp. first-quarter results Friday are a shot at redemption. A few months ago, weak fourth-quarter 2017 earnings gutted the shares in a six-day rout that helped push the stock to its lowest level in more than two years. A plan announced a few weeks later to hike capital expenditures to
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Toronto-Dominion Bank has lifted its posted rate for five-year fixed mortgages by 45 basis points to 5.59% as Canadian government bond yields touched their highest levels since 2011 this week. “It's a big move, the biggest move in years,” said Rob McLister, founder of RateSpy.com, a mortgage
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Century 21. Coldwell Banker. Re/Max. The real estate brands of today still feel aimed at some platonic ideal of a wealthy client who will be attracted to a staid, investment banker-style aesthetic that speaks more to financials than inspiration or happiness. But as millennials enter the housing marketâthe
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Adams. 12 Pine St: Jeffrey S. and Brittney L. Vachon of Adams to Jennifer Moreau, $155,000 on 04/09/2018. Becket. 384 Silver Leaf Dr: William K. and Felicia Dorste of Becket to Gregory G. Beskalo and Diane K. Dunn, $216,000 on 04/12/2018. Cheshire. 71 Daniels Ter: Raymond A. Condron of
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BRIEF-Atrium European Real Estate Exits Romania, Sells Atrium Militari. Reuters Staff. 1 Min Read. April 27 (Reuters) – Atrium European Real Estate Ltd: * EXITS ROMANIA WITH EUR95 … AGREEMENT TO SELL ATRIUM MILITARI SHOPPING CENTRE IN BUCHAREST TO MAS REAL ESTATE INC
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BEIJINGâChina's central bank formally adopted far-reaching rules to rein in risky lending in the financial system, though regulators are giving banks and asset managers longer than expected to comply. Friday's release of the asset-management regulations followed five months of delay and pushback
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Apple is officially discontinuing its router models. Apple's existing routersâincluding the AirPort, AirPort Extreme, and Time Capsuleâwill only be available as supplies last, an Apple spokesperson told Engadget. It won't come as a surprise to many, especially as Apple's hardware division tasked with
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In the quarters ahead, Weyerhaeuser anticipates leveraging benefits from strengthening housing-market conditions (as evident from rising housing … For the Real Estate, Energy and Natural Resources segment, the company anticipates sequentially comparable earnings and adjusted EBITDA in the
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Lots of lending, even into a rapidly rising housing market, doesn't mean disaster is inevitable. If loans are used productively they can boost economic growth and be easily repaid, while a strong economy can cope with bad loans. But rising private debt in general and mortgage debt in particular is one of
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The color of your skin can make buying a car more expensive, decades of experiments and data show. As a result, the Consumer Financial Protection Bureau put out a notice in 2013 reaffirming that discriminatory auto lending is illegal. The Senate has voted to undo that guidance. The measure next
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It's been a banner earnings season so far, at least compared to expectations. Whether it's the tax cut or just poor forecasting by analysts, S&P 500 index members have been delivering profits above estimates at the best pace on record — with 82 percent of the 265 index members topping forecasts so far.
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One of the greatest impediments to easing the housing affordability crisis in evermore-expensive both-coast cities like Washington is the dominance of marketplace-hating and regulation-loving attitudes among political and affluent elites. These influential constituencies mistakenly believe that more
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The document provides for Ukreximbank to receive loans from the International Bank for Reconstruction and Development to provide Ukrainian SMEs with medium- and long-term financing of production needs, including investment lending and working capital financing. Implementation of this project will
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Square is stepping into the limelight. Today, the mobile payments company announced it would acquire website creation platform Weebly for $365 million in cash and stock. Square said that the Weebly acquisition would allow the companies to âbuild the future of commerce together.â In other words
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For the biggest U.S. oil explorers, the first quarter was a study in contrasts: Chevron Corp. beat every analyst estimate, while larger rival Exxon Mobil Corp. fell short on both production and profit. The performances underscore the challenges facing the two descendants of John D. Rockefeller's sprawling
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The collapse of U.S. sorghum exports to China hit another red state, Kansas, the largest U.S. producer. âWe knew this was hanging over our heads,â says Kurt Winter, a sorghum farmer in Sedgwick County, just outside Wichita. âWhen we heard the news, it was still just devastating to us. It's really going to
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A LendingTree study has revealed that credit history, including credit score, and debt-to-income ratio are the leading reasons behind mortgage application denials. The two reasons each account for 26% off all mortgage application denials. In its study, LendingTree delved into data from more than 10
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Toronto Dominion Bank has raised its posted rate for five-year fixed mortgages by 0.45 of a percentage point to 5.59 per cent. The posted rate is the rate Canada's big banks advertise publicly. The banks, however, often offer their preferred customers rates that are heavily discounted compared to their
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Mortgage buyer Freddie Mac — the Federal Home Loan Mortgage Corp. — said Thursday that the average rate on 30-year, fixed-rate mortgages jumped to 4.58 percent from 4.47 percent last week. By contrast, the benchmark rate averaged 4.03 percent a year ago. The average rate on 15-year, fixed-rate
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âThe broader economic environment remains favorable for home sales,â said Len Kiefer, Freddie Mac's deputy chief economist. âBut without new-home construction and increased housing supply, home sales in the U.S. will have a hard time growing from current levels. If incomes grow and mortgage rate
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