Philip Chua Business Blog

Posts Tagged ‘advantage’

Home sales far exceeded expectations last month, surging to the highest level in two and a half years as first-time buyers rushed to take advantage of an expiring tax credit.

Tax credit – Business – Taxation – Tax – Accounting

BUMPER profit numbers from Apple sent regional stock markets rolling yesterday, although the local bourse lost its enthusiasm half way through the day.
The Straits Times Index was up by 17 points at one stage, but traders took advantage of the higher prices to cash in.
The sell-off sent the STI easing back to close virtually unchanged, 0.61 points lower at 2,711.09, while other regional bourses we… more

Reuters – U.S. mortgage applications surged last week to their highest since late May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.

Reuters – Baker Hughes Inc said it will buy smaller competitor BJ Services Co for $5.5 billion in stock and cash to expand its international business and take advantage of BJ’s pressure pumping expertise.

Reuters – U.S. sales of existing homes likely rose to their highest level in 10 months in July, according to a Reuters poll, as buyers rushed to take advantage of a tax credit for first-time homeowners.

An initial public offering could help the chain take advantage of a favorable turn in the market for hotel stocks.