Posts

Showing posts from March, 2014

Who will succeed Disney CEO Robert Iger in 2016?

Image
Media networks executive Anne Sweeney's departure could set up important moves on a corporate chess board as Disney prepares for bigger changes. Walt Disney Co. Chairman and Chief Executive Robert Iger is scheduled to vacate his two positions when his current deal ends on June 30, 2016. ( Mike Windle / Getty Images / November 20 , 2013 )   By Daniel Miller and Meg James                                                 ...

Markets close out worst week since January

Image
Concern over Chinese and American economies as well as continuing conflict in Ukraine weigh on U.S. stock market. Trader Neil Catania works on the floor of the New York Stock Exchange as the U.S. stock market eked out modest gains but ultimately closed out its worst week since January. ( Richard Drew, Associated Press / March 14 , 2014 ) The stock market closed out its worst week since January, weighed down early by doubts about China's economic growth, uninspiring economic data in the U.S. and finally geopolitical tension in Russia. The Dow Jones industrial average slid 2.4% for the week, saddling it with a 3.1% loss so far this year. The index was off 43.22 points Friday, at 16,065.67, after skidding 231.19 points Thursday. The Standard & Poor's 500 index fell 2% for the week, leaving it down 0.4% for the year. Traders late in the week fretted over the political uncertainty ahead of a Sunday vote in which the Cr...

Homeowners Being Ripped Off by their current mortgage company?

Image
New lending programs are allowing homeowners to lock in a low rate mortgage before the Fed increases interest rates Wednesday, March 12, 2014 When homeowners visit the Amerivalue™ official website , they may be shocked at the low interest rates available to them.  Many are also surprised that in less than 2 minutes they can get a quote on a low-rate fixed mortgage with No Appraisal Necessary . Best of all, homeowners who use this free service will be able to compare rates from at least 4 lenders that match their scenario. Banks are anxious to start lending during the upswing of the current housing market and while rates may never be this low again. The recent spike in mortgage rates has homeowners scrambling to save thousands over the next several years by locking in a rate today. Many homeowners are just now recuperating from seeing their home values plummet in the past, to finally seeing positive equity, and are concerned they won't be eligible to refinance into a lo...