Bill would expand Calif. new home tax credit funds (Reuters via Yahoo! News)
Thursday, May 14th, 2009More info…
The California Building Industry Association, a trade group, said on Wednesday legislation has been introduced that would triple the amount of funding for the state’s $10,000 tax credit on new home purchases.
Credit Agricole First-Quarter Net Falls 77% on Loan Provisions (Bloomberg)
May 14 (Bloomberg) — Credit Agricole SA, Frances second- largest bank, said first-quarter profit declined 77 percent as risky-loan provisions rose and its Greek unit posted losses.
MGM Mirage amends credit facility, plans offering (Reuters via Yahoo! News)
MGM Mirage said on Wednesday that it had amended its senior credit facility, allowing the casino operator to offer up to $2.5 billion in stock and debt, and its shares fell 15 percent.
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