| ForeclosureS.com: 364000 Homeowners Face Foreclosure So Far This Year
SACRAMENTO, Calif.--(BUSINESS WIRE)--The worst of the U.S. housing slump may be over but not the foreclosure nightmare that haunts many of the nation's homeowners. More than a quarter-million (253,803) pre-foreclosures and notices of pending foreclosure auctions were filed nationwide in the first quarter of the year. That means 2.4 out of every 1,000 homeowners faced losing their property to foreclosure in the first three months of 2007, according to new and expanded foreclosure filing numbers now available from ForeclosureS.com, a California-based real estate investment advisory firm and publisher of foreclosure and property information. Those numbers are up 22.5 percent from the 207,128 filings in the fourth quarter 2006. They also don't include tens of thousands more now-vacant properties that actually were lost to foreclosure during that same period.
Japan 30-year govt bond auction lowest accepted bid 100
TOKYO (XFN-ASIA) - The lowest accepted bid at today's auction of 600 bln yen-worth of 30-year Japanese government bonds was 100.80 yen, giving a yield of 2.354 pct, the Ministry of Finance said.
Of the bids accepted, 67.9719 pct were made at the lowest price, the ministry said. The average bid was 100.86 yen, making the average yield 2.351 pct.
Designated as the No 26 issue, the bonds will be issued on Friday and will mature on March 20, 2036.
The ministry received 2.3425 trln yen in competitive bids and accepted 549.6 bln yen-worth, giving a bid-to-cover ratio of 4.26 to one. This means the amount of competitive bids received was 4.26 times the amount of bonds offered for sale.
At the previous auction of 30-year debt, on Jan 18, the lowest accepted price was 98.29 yen, giving a yield of 2.380 pct, with a bid-to-cover ratio of 3.3 to one.
Bidding War Brews for Tribune
Tribune Co. (TRB) shares rose on Mar. 30 amid reports that the Los Angeles-based billionaires Eli Broad and Ron Burkle are battling the Chicago real estate magnate Sam Zell's offer for the Chicago media giant. Two days before the board expects to decide on a deal, Broad and Burkle offered $34 per share for Tribune, according to news reports. This potentially values the media company at more than $8 billion. Zell had offered $33 per share, according to earlier media reports. Investors bid up the stock 1.7% to $32.05 in early afternoon trading on the New York Stock Exchange Mar. 30. The headlines hit as Tribune grapples with the question of how to best revamp its ailing business. After the struggling media company said it would take on $2 billion of debt to buy back up to a quarter of its stock, its major shareholder the Chandler family objected, saying in June that Tribune should separate its newspaper and TV businesses and explore other options [see BusinessWeek.com, 6/20/06, "The Trouble at Tribune"].
EXCITING EBAY AUCTIONS FOR DETROIT SUPERCROSS!
Scottsdale , AZ- The Road 2 Recovery Foundation announces exciting Ebay auctions for the 13th Round of Amp'd Mobile AMA Supercross Series. The first auction includes four VIP Credentials which allow the winners all day pit access before and after the race, Press Box Access and seating for the race. The Press Box is some of the greatest seats in the house, and there is closed circuit T.V. so if you missed something chances are you'll be able to see it again. Also included is a tour of a team race rig (team and time to be determined by promoter). The other auction includes 4 tickets to Detroit SX with all day pit access, tour of a team race rig (team and time to be determined by promoter), Set of SUNLINE Flex Levers (Brake and Clutch) personally autographed by James Stewart, Oakley sunglasses, Thor Backpack, SixSixOne Defender 2.5 Flat White Chest Protector with Neck Roll installed and other cool swag from One Industries and Rockford Fosgate.
|
