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Ford, GM car prices rising on buyer enthusiasm, low interest rates

2013-07-23 09:29:39| Automakers - Topix.net

Ford and General Motors will report this week that essentially all their global profits are again coming from North America, where low interest rates, affluent baby boomers and Americans' rekindled passion for pickup trucks have pushed the average price of a new vehicle above $31,000.

Tags: low interest car prices

 

UPDATE 2-Celgene to stop blood cancer trial due to high death rates

2013-07-18 23:40:32| Biotech - Topix.net

Celgene Corp said it will stop a late-stage trial of its blood cancer drug, Revlimid, after it observed a higher number of deaths in elderly leukemia patients taking the drug compared with those on another treatment.

Tags: high due rates update

 
 

Higher rates lift Union Pacific 2Q profit 10 pct.

2013-07-18 15:27:06| Railroads - Topix.net

The Omaha, Neb.-based railroad said Thursday that it generated $1.11 billion in net income, or $2.37 per share, in the quarter that ended June 30. That's up from $1 billion, or $2.10 per share, in the same months last year.

Tags: rates higher union profit

 

Are Rising Interest Rates Good Or Bad For mREITs? Duration Is The Key

2013-07-14 23:49:18| Jewelry - Topix.net

If you ask the question: are falling gold prices good or bad for jewelry companies like Tiffany & Co.

Tags: the good key interest

 

Rising mortgage rates hit home affordability

2013-07-14 02:46:31| Real Estate - Topix.net

The much talked-about recovery of the housing market, which has buoyed home sales up from recession lows, has come about through intervention from the Federal Reserve, record low interest rates, and higher home prices that have helped borrowers across the nation improve their financial standing.

Tags: home rates hit mortgage

 

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