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Summary Box: 15-year loan rates below 4 pct.
(AP)
AP - RARE OPPORTUNITY: Homeowners can now lock in a 15-year fixed-rate mortgage at a rate of less than 4 percent, the lowest in decades.
Mortgage rates dip below 4 pct. on 15-year loans
(AP)
AP - A plunge in mortgage rates is giving homeowners a rare opportunity to lock in a 15-year fixed-rate loan for less than 4 percent.
Swatch half-year net profit up 54 percent
(AP)
AP - Swatch Group AG, the world%27s largest watchmaker, reported a 54 percent rise in half-year net profit Wednesday as sales recovered from a slump during the global economic downturn.
OfficeMax guides Q3, year down
(Investor's Business Daily)
Investor%27s Business Daily - The office supply retailer swung to a Q2 profit of 12 cents a share, beating views of a break-even quarter, helped by lower costs. Revenue edged down 0.3% to $1.65 bil, missing views of $1.67 bil. Same-store sales fell 0.3%. OfficeMax sees Q3 sales below prior-year sales of $1.83 bil, vs. views of $1.86 bil. The company also sees full-year sales at or below 2009%27s $7.21 bil vs. views of $7.29 bil. Shares dived 12.7%. |
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