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Entries Tagged as 'Investing'
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March 10th, 2008 · Comments Off
Tags: Industry News · Inman Real Estate · Investing
Move Inc. investors seek dismissal of CEO, CFO
March 7th, 2008 · Comments Off
A Move Inc. shareholder seeks the ouster of company CEO Mike Long and Chief Financial Officer Lewis R. Belote III over a $129.9 million securities investment that is currently illiquid.
David Nierenberg, representing The D3 Family Funds of Camas, Wash., charges in a U.S. Securities and Exchange Commission filing today that Realtor.com operator Move Inc.’s large investment in auction-rate securities was a "blunder," as investor interest in that market has dropped off sharply. more…
Tags: Industry News · Inman Real Estate · Investing · Move Inc. · bono · illiquid · investment · mike long · nierenberg · shareholder
Real estate rates climb overnight
March 5th, 2008 · Comments Off
Long-term mortgage interest rates continued higher Tuesday, and the benchmark 10-year Treasury bond yield was up at 3.62 percent.
The 30-year fixed-rate average rose to 5.9 percent, and the 15-year fixed rate gained to 5.27 percent. The 1-year adjustable rate jumped to 4.56 percent. more…
Tags: Industry News · Inman Real Estate · Investing · Markets & Economy · Mortgages · interest rates · nasdaq · treasury