Thursday, March 17, 2011

Real Estate, Mortgage, Airline, Financial and Other News

The dow jones closed with 11,774.59 points and Nasdaq close at 2636.05

Korean Air will start receiving the 787-900 from boeing starting 2016

The supply of popular hybrid and fuel efficient cars is fallin as demard for imports is increasing as well as the prices.

The us labor Labor Deparment reported that wholesale food prices jumped 3.9% in February over January, the highest monthly increase in 37 years.

Nordstrom Store is moving out of the Glendale Galleria to The Americana also in Glendale California.

Six more banks repay U.S. Bailouts. The Treasury Deparment said it had received proceeds of $ 475 million wen the banks repurchased prefered shares and other investments that the department got in exchange for its cash injection.

Apple shares fall afted been downgraded by JMP Securities, Apple shares dropped $ 15.42 or 4.5% to $ 330.01

Guess profit up but sales down. Revenue rose 18% to $ 756.9 million. Its current quarter profil forecast of 41 to 44 cents a share was below the 61 cents expected by analist.

Ex Freddie Mac chairman and chief executive has been notified by U.S. regulators that he may face civil claims for failing to fully disclose the company exposure to risky mortgages.

The Obama administration wednesday asked Congress to pass legislation to protect online consumers privacy.

U.S. businesses sold more industrial suplies,chemichals and farM products abroad in the final three months of last year, pushing the deficit in the broadest measure of foreign trade down for the first time since spring 2009.

Alberto Pacheco
Realtor Calbre Lic 01200694
818 481 9211
Keller Williams Porter Ranch
Real Estate Consultant
http://www.granadahills.kwrealty.com  Real Estate News, Mortgages, Trends


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