Foreclosures rise 14%, with many loans ‘upside down’
Wednesday, January 19th, 2011Summary Box: Wells Fargo 4th-qtr profit rises
PROFIT LEAPS: Wells Fargo & Co. posted net income attributable to common shareholders of $3.2 billion, or 61 cents per share, matching analyst expectations. Last year, profit of $394 million, or 8 cents per share, was sharply reduced by preferred dividends paid under the government bailout.
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India Discusses $1.9 Billion Freight Railway Venture With Reliance, Tata
India’s government discussed a possible venture with Reliance Infrastructure Ltd. , Tata Group and Larsen & Toubro Ltd. to build an 85 billion rupee ($1.9 billion) stretch of national freight railway.
Read more on Bloomberg
Foreclosures rise 14%, with many loans ‘upside down’
Foreclosures rise 14%, with many loans ‘upside down’
Read more on Austin American-Statesman
