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Diamond Bank post -29.60% loss in Q1 of 2011

  By investadvocate Lagos (INVESTADVOCATE)-Diamond Bank Plc has posted a loss of -29.60 percent (-29.60%) loss in its Unaudited Result for the First Quarter Ended March 31 2011. This was contained in the Result Announcement of the Bank Thursday April 07 2011 to the Nigerian Stock Exchange (NSE) and made […]

Wall Street drops after another Japan earthquake

  By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks fell on Thursday shortly after an earthquake with a magnitude of 7.4 hit Japan and a tsunami warning was issued.   The iShares MSCI Japan Index ETF (EWJ.P) dropped 0.6 percent in midday trading while Nikkei futures slid 1.1 percent. […]

Summary Box: Fixed mortgage rates inch up

  The Associated Press RATES NEARLY UNCHANGED: Freddie Mac said the average rate on a 30-year fixed mortgage rose to 4.87 percent from 4.86 percent the previous week. The average rate on the 15-year fixed mortgage increased to 4.10 percent from 4.09 percent. STILL NEAR RECORD LOWS: Fixed rates are […]