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Archive for April 12th, 2006
Wednesday, April 12, 2006 It takes someone special to turn down $50 million By Len Butcher Hats off to comedian Dave Chappelle. How many people, poor, rich or otherwise, would walk away from a $50-million television contract? But last year he did, leaving his fans and just about everyone else who ever watched “Chappelle’s Show” in shock. Everybody thought he was nuts — literally. And of course the tabloids and TV [...]
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Wednesday, April 12, 2006 Mortgate rates up and loans go down By Ian Mylchreest The latest numbers from the Mortgage Bankers Association are not that encouraging. Rates are now at a near four-year high and loan activity is off 5.5 percent, reports Reuters. And even without all those fees, mortgage rates are at 6.5 percent.
The bankers index is behind where it was a year ago, which is about what people expected [...]
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Wednesday, April 12, 2006 Hyatt set to go public By Ian Mylchreest With the hotel sector red hot, the Global Hyatt Corp. is looking at an initial public offering, reports the Chicago Tribune. Occupancies and room rates continue to rise, and forecasters say demand will grow faster than the industry's historical average through 2007.
And that means hotel companies are being hunted and seduced by private equity ompanies or ripe [...]
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