Truvo, Tronox, Bear Island, Lehman, SCO, Spheris, Fairpoint: Bankruptcy

The Chapter 11 cases for units of Truvo Luxemburg Sarl, a Belgium-based publisher of directories, may test whether a U.S. bankruptcy court can or should eliminate debt on European companies that aren’t in bankruptcy in the U.S. or abroad.

Maine sales of existing homes fall 30%, but median price rises

WASHINGTON — Home prices in many parts of the country scream bargain, and mortgage rates haven't been this low for decades. No matter.

I Told You Housing Was Going to Take a Downturn for the Worse. I’ll Tell You Something Else, We Are in a Housing ...

I know, I shouldn’t say I told you so but those perma-bullish, green shoots smoking pundits who have been saying for three years that we are nearing the bottom in real estate either have an agenda or really don’t know much about real estate cycles.  It really gets under brother’s skin… From CNBC: Existing Home Sales At 15-Year Low, As Housing Weakens   Sales of previously owned U.S. homes ...

Madison National Bancorp, Inc. Reports Second Quarter 2010 Results Highlighted by Solid Earnings

HAUPPAUGE, N.Y.----Madison National Bancorp, Inc. , the parent company of Madison National Bank, today reported its financial results for the quarter ended June 30, 2010, highlighted by the Company’s solid earnings, strong net interest margin and continued capital strength.