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Category: Housing
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IBM moves to take back shares, pay dividends 25.4.2007 Chicago Tribune: Business
Small-company stocks are still beating large-company stocks this year, but the big guys are fighting back.
CDW stock price rises with profit 25.4.2007 Chicago Tribune: Business
Computer reseller beats predictions by 11 cents a share

CDW Corp.'s shares jumped 6.17 percent Tuesday as the Vernon Hills-based computer reseller blew past Wall Street's profit expectations.
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March housing sales dive 25.4.2007 Chicago Tribune: Business
Existing-home transactions drop 8% nationwide, 22% in Chicago

Lumber dealer Rick Baumgarten knew business wouldn't be good this year. But even after a career spent riding the ups and downs of the housing business, he said he was too optimistic.
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Housing market clouds outlook for U.S. economy 25.4.2007 Star Tribune: Business
Falling home sales and prices, coupled with sagging consumer confidence and higher fuel prices, traps the Fed between tepid growth and concern about inflation.
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Pentair sees small profit increase 25.4.2007 Star Tribune: Business
Plunge in Existing-Home Sales Is Steepest Since ’89 24.4.2007 NYT: Home Page
An 8.4 percent drop, coupled with lower prices, reflected a housing market that is looking unfriendly to sellers.
Existing Home Sales Plunge In March 24.4.2007 WCCO: National
Sales of existing homes plunged in March by the largest amount in nearly two decades, reflecting bad weather and increasing problems in the subprime mortgage market, a real estate trade group reported Tuesday.
 CBS News Interactive: Eye On The Economy
Sales of existing homes drop 24.4.2007 Star Tribune: Business
USG Corp. earnings impacted by soft housing market 24.4.2007 Chicago Tribune: Business
USG Corp. on Tuesday reported first-quarter results that reflect the profit pressure caused by the housing sector's continuing slump, and the Chicago building-products maker warned that "the downturn in new residential construction is likely to continue throughout 2007."
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Chips no longer down, but will rally continue? 24.4.2007 Chicago Tribune: Business
Springtime for big-company stocks appears to be blooming, sending the Dow Jones industrial average toward the milestone 13,000 mark.
Minneapolis owners losing homes at record pace 24.4.2007 Star Tribune: Local
Foreclosure sales in Minneapolis from January to March more than doubled compared to this time a year ago.
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Building walls against fraud 24.4.2007 Star Tribune: Business
From conscientious consumers to predatory-lending activists: How a Stillwater family stood up to mortgage brokers, lenders and Minnesota law.
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Editorial: The Mayor’s Ode to Earth Day 23.4.2007 NY Times: Editorials
Mayor Michael Bloomberg’s plan for what he calls “a greener, greater New York” is a broad, complicated and exciting blueprint.
Illegal-Immigration Protest Today 22.4.2007 Washington Post
Radio talk show hosts to headline rally aimed at rousing activists ahead of Hill lobbying.
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Colombian city attracts cash but can't feed its citizens 22.4.2007 Star Tribune: World
A Cartageneros described the paradox: "We're a historic and cultural heritage site and yet have the uncivilization of the most bitter ... problems of injustice, of decadence, of inequity."
Business week in review 22.4.2007 Star Tribune: Business
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Surging stocks defying forecasts 21.4.2007 Chicago Tribune: Business
Dow nears 13,000 as profits surprise

This was not supposed to be such a good moment for the stock market.
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Nigeria police: Failed truck bomb attack at electoral headquarters on voting day 21.4.2007 Star Tribune: World
A truck bomb aimed at electoral commission headquarters ran into barriers and failed to explode hours before the start of Nigeria's presidential vote, the national police chief said today.
Corus earnings tumble 39% 21.4.2007 Chicago Tribune: Business
Housing slowdown tabbed as reason

Stung by the national slowdown in the residential housing market, Chicago-based Corus Bankshares Inc. said Friday that first-quarter net income dropped 39 percent and warned that the situation could worsen "over the next several quarters, or even years," particularly if problems persist in the subprime lending market.
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'Tough quarter' can't stop Cat 21.4.2007 Chicago Tribune: Business
International strength offsets weakness in U.S.

Shares of Caterpillar Inc. surged Friday after the heavy-equipment giant reported stronger-than-expected first-quarter results that underscore how continued booming sales in China and other overseas markets are helping the Peoria-based company offset the drag of a slowing U.S. economy.
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