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DETROIT–Bad news kept piling up for General Motors Corp. today as its shares plunged to their lowest point in 60 years and the company said in a government filing that the mortgage unit of its finance arm may not survive. GM (NYSE: GM ) also said ... - www.timesonline.co.uk
Lloyds TSB and Abbey were last night alone in promising to pass on the one and a half percentage-point cut in base rates to homeowners. The majority of high street banks and building societies responded to the cut with a scramble to prevent new ... - www.nbc13.com
The developer of the 144-unit Holiday Isle has filed for bankruptcy because 50 buyers backed out of purchases in the seven-story Dauphin Island condominium project. Holiday Isle LLC, a subsidiary of Mobile-based The Mitchell Company Inc., filed its bankruptcy petition on Oct. 23. It cited assets between $10 million and $50 million compared with liabilities between $1 million and $10 million, ... - www.lvrj.com
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