International Business News - TMA http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Mortgage lender Thornburg Mortgage Inc. said Wednesday that its stock would be delisted from trading on the New York Stock Exchange. The suspension will begin prior to the market opening on Friday. http://www.ibtimes.com/articles/20081203/nyse-to-delist-thornburg-mortgage-stock.htm Wed, 03 Dec 2008 08:51:07 EST Thornburg Mortgage Inc. said Wednesday it will delay paying interest on certain senior notes because it does not currently have the funds to make the payments. http://www.ibtimes.com/articles/20081119/thornburg-delays-interest-payment-on-senior-notes.htm Wed, 19 Nov 2008 07:47:25 EST Among the earnings stories for Tuesday, Nov. 11, from AP Financial News: FRAMINGHAM, Mass. (AP)--TJX, which operates the T.J. Maxx and Marshalls stores, says third-quarter profit slipped 5 percent as unfavorable exchange rates and a tough economy crimped results for the discount fashion retailer. http://www.ibtimes.com/articles/20081111/earnings-roundup-tjx-sirius-xm-radio.htm Tue, 11 Nov 2008 10:13:41 EST Thornburg Mortgage Inc. said late Monday it swung to third-quarter profit from a year-earlier loss, boosted by a decrease in the value of some liabilities. http://www.ibtimes.com/articles/20081111/thornburg-mortgage-swings-to-3q-profit.htm Tue, 11 Nov 2008 09:06:57 EST Shares of Thornburg Mortgage Inc. surged Wednesday after the mortgage lender said it is amending its exchange offer for four classes of its preferred stock, and extending the expiration. http://www.ibtimes.com/articles/20081001/thornburg-mortgage-amends-exchange-offer.htm Wed, 01 Oct 2008 14:31:40 EDT Mortgage lender Thornburg Mortgage Inc. said Tuesday it cut 29 jobs in its lending division amid turmoil in the financial services sector. The company cut sales and support positions in the division. About half were located in Santa Fe and the other half were located throughout the country. Thornburg Mortgage now has 156 staffers in its Santa Fe office. http://www.ibtimes.com/articles/20080930/thornburg-mortgage-cuts-29-staffers.htm Tue, 30 Sep 2008 14:22:15 EDT Among the earnings stories for Tuesday, Aug. 26, from AP Financial News: NEW YORK (AP)--Smithfield Foods swung to a loss in its fiscal first-quarter due in part to a $20.1 million write-down in the value of commodity contracts. http://www.ibtimes.com/articles/20080826/earnings-roundup-smithfield-foods-thornburg-mtg.htm Tue, 26 Aug 2008 10:12:06 EDT Troubled mortgage lender Thornburg Mortgage Inc. said late Monday that its profit increased by more than five times in the second quarter, due to big one-time gains from the sale of assets and decreases in the fair value of certain items. http://www.ibtimes.com/articles/20080826/thornburg-mortgage-2nd-quarter-profit-jumps.htm Tue, 26 Aug 2008 09:26:00 EDT Mortgage lender Thornburg Mortgage Inc. on Wednesday extended its exchange offer for four classes of its preferred stock, as part of its efforts to remain in business. http://www.ibtimes.com/articles/20080820/thornburg-mortgage-extends-stock-exchange-offer.htm Wed, 20 Aug 2008 11:11:40 EDT Mortgage lender Thornburg Mortgage Inc. on Wednesday began an exchange offer for four classes of its preferred stock, as part of its efforts to remain in business. http://www.ibtimes.com/articles/20080723/thornburg-mortgage-begins-stock-exchange-offer.htm Wed, 23 Jul 2008 10:38:01 EDT Industry data to be released Wednesday will show whether home loan applications fell as mortgage rates ticked up slightly. The Mortgage Bankers Association is scheduled to report its index of mortgage application volume for the week ended July 11 at 7 a.m. EDT. http://www.ibtimes.com/articles/20080716/ahead-of-the-bell-mortgage-applications.htm Wed, 16 Jul 2008 05:58:16 EDT Industry data to be released Wednesday will show whether home loan applications continued to inch upward from nearly seven-year lows as mortgage rates dipped slightly last week. http://www.ibtimes.com/articles/20080709/ahead-of-the-bell-mortgage-applications.htm Wed, 09 Jul 2008 06:11:16 EDT Signs are emerging that the U.S. housing market's long slump is likely to fester through the summer, and the real estate market may not recover for at least another year. http://www.ibtimes.com/articles/20080708/housing-market-slump-seen-stretching-further.htm Tue, 08 Jul 2008 16:37:09 EDT A measurement of pending home sales fell to the third-lowest reading on record in May as the housing market's recovery continued to prove elusive. The National Association of Realtors' seasonally adjusted index of pending sales for existing homes fell 4.7 percent to 84.7 from an upwardly revised April reading of 88.9. The index was 14 percent below year-ago levels. http://www.ibtimes.com/articles/20080708/pending-home-sales-fall-4-7-percent.htm Tue, 08 Jul 2008 11:05:16 EDT The May reading of an index that tracks pending U.S. home sales is forecast to dip after posting an unexpected increase a month earlier. The National Association of Realtors' report on pending home sales is scheduled to be released Tuesday at 10 a.m. EDT. http://www.ibtimes.com/articles/20080708/ahead-of-the-bell-pending-home-sales.htm Tue, 08 Jul 2008 06:09:59 EDT The pace of the mortgage industry's efforts to assist troubled borrowers declined in May, as critics questioned lenders' progress in aiding U.S. homeowners facing foreclosure. http://www.ibtimes.com/articles/20080702/pace-of-mortgage-aid-by-industry-dropped-in-may.htm Wed, 02 Jul 2008 16:05:16 EDT Mortgage application volume rose 3.6 percent during the week ended June 27, according to the trade group Mortgage Bankers Association's weekly application survey. http://www.ibtimes.com/articles/20080702/mortgage-application-volume-rises-off-2008-low.htm Wed, 02 Jul 2008 07:19:13 EDT Industry data to be released Wednesday will show whether home loan applications fell for the third straight week as mortgage rates continued to rise. The Mortgage Bankers Association is scheduled to report its index of mortgage application volume for the week ended June 27 at 7 a.m. EDT. Application volume has fallen to lowest level since late 2001 as interest rates have surged over the past month. http://www.ibtimes.com/articles/20080702/ahead-of-the-bell-mortgage-applications.htm Wed, 02 Jul 2008 06:11:28 EDT Six companies in the financial-services sector are being added to the Russell 1000 in this year's reconstitution of the large stock index, while 12 in the sector are being removed. http://www.ibtimes.com/articles/20080630/russell-1000-adds-6-financial-services-stocks.htm Mon, 30 Jun 2008 09:13:20 EDT Five companies in the financial-services sector are being added to the Russell 1000 in this year's reconstitution of the large stock index, while 12 in the sector are being removed. http://www.ibtimes.com/articles/20080630/russell-1000-adds-5-financial-services-stocks.htm Mon, 30 Jun 2008 08:15:48 EDT