125 2nd Bad Credit Mortgage
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11 Israeli soldiers killed in S Lebanon - TV
CAIRO, Aug. 9 (Xinhua) -- Eleven Israeli soldiers were killed in fierce clashes with Hezbollah guerillas in south Lebanon on Wednesday, the pan-Arab al-Jazeera satellite channel reported.
The Israeli soldiers were killed during confrontations with Hezbollah guerillas in the Lebanon-Israel border area, said al-Jazeera, without revealing further details.
There was no immediate comment from the Israeli army concerning the report.
Violence between Israel and Hezbollah erupted on July 12 when Hezbollah guerillas kidnapped two Israeli soldiers and killed eight during cross-border attacks.
Israeli troops are carrying out ground operations in south Lebanon and have met with fierce confrontations from Hezbollah fighters.
Texas Capital Bancshares Announces Operating Results for Q2 2006
Texas Capital Bancshares, Inc. (Nasdaq:TCBI), the parentcompany of Texas Capital Bank, announced earnings for the secondquarter of 2006.
-- Net income decreased 4%
-- EPS decreased 4%
-- Net income and EPS %'s remained unchanged versus Q2-2005 as adjusted for FAS 123R
-- Loans held for investment grew 34%
-- Total loans grew 34%
-- Demand deposits grew 12%
-- Total deposits grew 48%
"We are pleased by the strong growth in both loans and deposits inthe quarter," said Jody Grant, Chairman and CEO. "We are increasingmarket share with credit quality remaining our highest priority. Theprovision we incurred resulted primarily from exceptional loan growthfrom the beginning of 2006 and two specific credits. We have seen thatcertain newer and developing lines of business are performing underexpectation, and accordingly, we believe lowering our guidance for2006 net income to $29 million to $31 million is appropriate.
Standard Chartered Net Rises 14% as Growth Nears Peak (Update4)
Aug. 8 (Bloomberg) -- Standard Chartered Plc, the British bank that makes two-thirds of its profit in Asia, said first-half profit rose 14 percent and signaled a possible slowdown in the region.
Net income rose to $1.09 billion, or $0.82 a share, from $956 million, or $0.73 a share, in the year-earlier period, the London- based bank said today. Operating income in the consumer unit fell 9.7 percent as provisions for bad credit-card debts rose almost ninefold in Taiwan.
Chief Executive Officer Mervyn Davies, 53, is facing narrowing profit margins and rising costs as growth rates are expected to peak in Asia, Africa and the Middle East. First-half loan-loss provisions rose 80 percent while return on equity and net interest margins declined.
Standard Chartered ``has been growing very strongly in a favorable period,'' said Ian Gordon, a London-based analyst at Dresdner Kleinwort, in an interview today.
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