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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (43225)4/29/2013 10:43:52 AM
From: Wade  Read Replies (1) | Respond to of 48092
 
That will apply to all of the fixed rate loans, including student loans.

"Consider this: The delinquency rate between 2005 and 2007 on loans issued shortly after October 2005 is 12.4%. Student loans that were taken out shortly after October 2010 have a delinquency rate of 15.1%–an increase of nearly 22%.

That’s according to a new study from FICO which analyzed 10 million credit files in search of trends in student lending–a segment of the credit industry that is larger than credit card and auto loan debt. Student loan debt is bigger with total outstanding loans exceeded $1 trillion for the first time in 2011 compared to credit card debt in the U.S. which stands at about $798 billion."

forbes.com



To: Jacob Snyder who wrote (43225)4/29/2013 1:02:34 PM
From: selivanov  Respond to of 48092
 
You have to build a quantum computer or DIE!



To: Jacob Snyder who wrote (43225)4/29/2013 8:35:08 PM
From: Jacob Snyder  Respond to of 48092
 
Low Gold Production Hurts Newmont Profit

Newmont Mining Corp.'s NEM +1.49% first-quarter profit fell 36% as the gold-mining company reported that its gold production declined.

Newmont, the world's second-biggest gold producer after Barrick Gold Corp. ABX.T +3.67% has struggled in recent quarters with lower production and higher costs. A drop in the spot gold price earlier this month added to gold miners' concerns, and led Standard & Poor's Ratings Services to lower its outlook on Newmont.

Newmont reported a first-quarter profit of $315 million, or 63 cents a share, down from $490 million, or 97 cents a share, a year earlier. Excluding write-downs and other adjustments, per-share earnings fell to 71 cents from $1.17. Revenue shrank 19% to $2.18 billion.

Analysts polled by Thomson Reuters recently projected a per-share profit of 77 cents a share on revenue of $2.25 billion.

Attributable gold production fell 11% to 1.17 million ounces, while attributable copper output grew 9% to 38 million pounds.

The company said it is lowering its full-year attributable capital expenditure outlook by $100 million to a range of $2 billion to $2.2 billion, and its consolidated capital expenditure outlook by $100 million to $2.3 billion to $2.5 billion.

Shares fell 2.3% to $33.20 in after-hours trading. Through the close, the stock was down 27% since the start of the year.
online.wsj.com