Press Release Many of the shareholders who attended Omatek’s Combined Ended December 2010 and Ended December 2011 Annual General Meetings have praised the doggedness and determination of the company to keep it alive despite the challenges it faced in the last three years. According to them, the management of Omatek […]
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Mortgage Rates Hit Fresh Lows: 30-Year at 3.79%
Here we go again. The average fixed rate 30-year mortgage fell to 3.79% this week, yet another record low, according to data from Freddie Mac. That’s down from 3.83% the week prior, and marks the third straight week of fresh lows. The 15-year rate edged just slightly lower to 3.04%, […]
JPMorgan’s Trading Loss Is Said to Rise at Least 50%
The trading losses suffered by JPMorgan Chase have surged in recent days, surpassing the bank’s initial $2 billion estimate by at least $1 billion, according to people with knowledge of the losses. When Jamie Dimon, JPMorgan’s chief executive, announced the losses last Thursday, he indicated they could double within the […]

