Monthly Archives: September 2011

New 75 mph limit puts Maine in the fast lane (AP)

Written on September 29, 2011 by Editor

AUGUSTA, Maine – If you drive along Interstate 95 in the nation’s far northeastern corner, “it’s trees, trees, trees” for mile after mile, says one motorist. So why not set the cruise control on 75 mph? That’s what a lot … Continue reading →

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Surgeons save thumb of injured Yosemite climber (AP)

Written on September 29, 2011 by Editor

YOSEMITE NATIONAL PARK, Calif. – A rock climber whose thumb was severed when he fell and it was caught in a rope has had the digit reattached by surgeons, officials at Yosemite National Park said Wednesday. The two climbers were … Continue reading →

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Lufthansa places $1.36 billion plane order (AP)

Written on September 29, 2011 by Editor

BERLIN – German airline Deutsche Lufthansa AG says it has ordered 12 new planes, including two Airbus A380 superjumbos. The company says the order valued at about (EURO)1 billion ($1.36 billion) also includes one long-haul jet Airbus A330, four Airbus … Continue reading →

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Snowflakes should fly in W.Va. this weekend (AP)

Written on September 29, 2011 by Editor

SNOWSHOE, W.Va. – Ski season is still eight weeks away, but they’re already thinking winter at Snowshoe Mountain Resort. Snowflakes are forecast to fly in Pocahontas County starting late Friday night and again on Saturday night. Snowshoe says some forecast … Continue reading →

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With eye on clock, NBA owners, players seek deal (AP)

Written on September 29, 2011 by Editor - Sports News

NEW YORK – They don’t have a deal yet, and they are just about out of time. After some two years of on-and-off negotiations, that’s about all NBA players and owners agree on. The gaps in their financial proposals have … Continue reading →

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Mortgage Rates Improve For 2nd Straight Day

Written on September 29, 2011 by Editor

After leveling-off yesterday Mortgage Rates saw some solid improvements today, in many cases dropping Best-Execution rates by an eighth of a point.  Yesterday we noted that things could be volatile through the end of this week, but today that volatility … Continue reading →

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Four Firms Take Roles on Nationwide Mutual’s $760 Million Merger

Written on September 29, 2011 by Editor

September 29, 2011 5:29 PM Four Firms Take Roles on Nationwide Mutual’s $760 Million Merger Posted by Brian Baxter Nationwide Mutual Insurance announced Thursday that it plans to acquire insurer Harleysville Group for $760 million in cash. The merger will … Continue reading →

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Anna Nicole Smith Makes her Mark on Heller Bankruptcy Case

Written on September 29, 2011 by Editor

September 29, 2011 6:02 PM Anna Nicole Smith Makes her Mark on Heller Bankruptcy Case Posted by Victor Li The U.S. Supreme Court’s ruling this year in the fight over Anna Nicole Smith’s estate is complicating the Heller Ehrman bankruptcy … Continue reading →

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Hogan Lovells, Herbert Smith Advise on Exxon Mobil’s $1.75 Billion Oil Fields Sale

Written on September 29, 2011 by Editor

September 29, 2011 6:09 PM Hogan Lovells, Herbert Smith Advise on Exxon Mobil’s $1.75 Billion Oil Fields Sale Posted by Victor Li Hogan Lovells and Herbert Smith are taking the lead on a deal under which Exxon Mobil Corporation has … Continue reading →

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Mortgage rates back at record lows

Written on September 29, 2011 by Editor

What’s happening with mortgage rates? Jeff Lazerson, of Mortgage Grader in Laguna Niguel, gives us his weekly take … NEWS SUMMARY: From Freddie Mac’s weekly survey we see fixed rates back at record lows. The average rate for a 30-year … Continue reading →

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