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Business briefs Bank suitsRegulators plan to warn several major banks they intend to sue them over mortgage-related actions linked to the financial crisis, according to a WSJ.com report, citing sources. The targets weren’t named.Greek drama Greek Prime Minister Lucas Papademos summoned the country’s international lenders for further discussions...
US 25 business owners scared of five-lane plan Voices of Berea business owners upset about upcoming construction on US 25 will be taken to the state level, according to city administrator Randy Stone. Several people operating businesses along a section of US 25 gave comments Tuesday to the Berea City Council, asking them reconsider plans to widen the road to five lanes. The design is a five-lane highway with a center turn lane and a 10-foot ...
NASA Announces Awards for 2012 Space Frontier Business Plan Competition NASA's Ames Research Center, in conjunction with NASAs Office of the Chief Technologists Emerging Space Office, is continuing its support for the Space Frontier Foundations annual Business Plan Competition by funding this years awards totaling $110,000.
PennyMac Mortgage Investment Trust Reports Fourth Quarter and Full-Year 2011 Results MOORPARK, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE:PMT) today reported net income for the fourth quarter of 2011 of $19.6 million, or $0.70 per diluted share, on total net investment income of $39.1 million. This brings the full-year net income earned by PMT to $64.4 million, or $2.41 per diluted share, on total net investment income for the year of $128.6 million. In ...