Freddie Mac: Rates on 30-year mortgages remain below 5 pct, near record

Rates on 30-year mortgages remain below 5 percent

Killings still unsolved as Va. prepares to execute sniper Muhammad; families plead for answers

Killings remain unsolved as sniper execution nears

Winter Trails day will offer free snowshoeing and cross-country Jan. 9

Winter Trails: Free snowshoe, cross-country Jan. 9

Gannett ad sales show another steep drop despite solid 3rd-quarter profit

NEW YORK — Net income at Gannett Co. fell 53 percent in the third quarter as the nation’s largest newspaper publisher endured another big decline in ad revenue.

Freddie Mac: Rates on 30-year fixed mortgages stay below 5 percent for 2nd-straight week

McLEAN, Va. — Average rates for 30-year home loans stayed below 5 percent for the second-straight week, kick-starting refinancing activity, Freddie Mac said Thursday.

Gannett completes $500 million offering of senior notes, to use proceeds to repay debt

MCLEAN, Va. — Gannett Co. said it has completed a $500 million offering of senior notes and expects to use the proceeds to repay outstanding debt.

Rates on 30-year fixed mortgages fall below 5 percent, still above this year’s record low

McLEAN, Va. — Rates on 30-year home loans dropped below 5 percent for the first time in four months, but still remained above this year’s record low, Freddie Mac said Thursday.

Gannett expects 3rd-quarter earnings to top Wall Street estimates; sales miss

NEW YORK — Gannett Co., the largest newspaper publisher in the U.S., said third-quarter earnings should far outpace expectations despite a narrow shortfall in revenue, as layoffs and falling newsprint costs help offset weak advertising sales.

Gannett expects 3rd-quarter earnings to top expectations; sales miss

MCLEAN, Va. — Gannett Co., the largest newspaper publisher in the U.S., says it expects third-quarter earnings to far outpace expectations despite a shortfall in revenue.

Virginia Gov. announces SAIC to move headquarters from San Diego to Virginia

McLEAN, Va. — Defense contractor SAIC Inc. announced Thursday that it will move its corporate headquarters from San Diego to the Virginia suburbs.

Freddie Mac names Fifth Third CFO Ross Kari as new financial chief

McLEAN, Va. — Freddie Mac said Tuesday it has named a new chief financial officer, filling a post that has been occupied on an interim basis for a year.

Rates on 30-year mortgages hit lowest point since late May

McLEAN, Va. — Average rates on 30-year mortgages slid to the lowest levels since May this week, Freddie Mac said.

Jayson Blair, life coach? Disgraced ex-reporter adopts new career after fall from journalism

McLEAN, Va. — Jayson Blair knows his new profession — life coach — smacks some people in the face like a bad punchline.

Campaigning for candidate for Va. governor, Obama says states need pragmatic leaders

McLEAN, Va. — President Barack Obama on Thursday told fellow Democrats that the nation needs governors who focus on long-term implications and avoid petty matters that mar politics, returning to campaign mode and reviving his election-season rhetoric. He then blamed his predecessor — a Republican — for leaving behind an economic crisis.

Obama says nation needs pragmatic leaders during stop for Va. governor candidate

McLEAN, Va. — President Barack Obama says the nation needs governors who focus on long-term implications and avoid petty matters that mar politics.

Average rates on 30-year mortgages dip after rising for 2 straight weeks

McLEAN, Va. — Rates on 30-year mortgages dipped this week after economic reports came in better than expected, Freddie Mac said Thursday.

Gannett posts 2nd-qtr profit above analyst views, reversing year-ago loss despite sales drop

MCLEAN, Va. — Gannett Co. posted a profit in the second quarter, beating analyst expectations and reversing a loss recorded in the year-ago period.

Yes he can: Prison decides Obama’s books are suitable reading for al-Qaida inmate after all

McLEAN, Va. — The Bureau of Prisons says it reversed course months ago to allow some of the country’s most dangerous prisoners to read two books written by President Barack Obama.

Audacity of Nope: Supermax prison tells inmate that Obama’s books harmful to national security

McLEAN, Va. — The federal government’s most secure prison has determined that two books written by President Barack Obama contain material “potentially detrimental to national security” and rejected an inmate’s request to read them.

Report: Gannett to jettison more than 1,000 workers to offset counter newspaper ad slump

MCLEAN, Va. — Gannett Co. is preparing to lay off more than 1,000 employees as the largest newspaper publisher’s work force continues to shrink along with its advertising sales.

Detroit Free Press publisher Hunke named to top post at USA Today, Hillkirk named editor

McLEAN, Va. — Fresh off a Pulitzer Prize win for his newspaper, Detroit Free Press Publisher David Hunke was appointed Tuesday to head the nation’s largest newspaper, USA Today.

Gannett leaves dividend unchanged at 4 cents per share in bid to preserve cash

McLEAN, Va. — Gannett Inc. says it will leave its quarterly dividend unchanged at 4 cents per share.

Hunke becomes USA Today publisher; Hillkirk named as editor

McLEAN, Va. — USA Today, the nation’s largest newspaper, filled two top executive positions Tuesday by naming David Hunke as publisher and John Hillkirk as editor.

Freddie Mac executive faced pressure, oversight and long hours before decision to end his life

McLEAN, Va. — David Kellermann started at Freddie Mac 16 years ago as an accountant, immersing himself in the company and working tirelessly to establish his career.

Freddie Mac executive faced pressure, oversight and long hours before decision to end his life

McLEAN, Va. — By last fall, the heady days for mortgage giant Freddie Mac were over, and what was left for executives like David Kellermann were stressful days and long nights of picking up the pieces under the sharp scrutiny of regulators.

Autopsy incomplete on Freddie Mac official, but early findings are consistent with sucide

McLEAN, Va. — Medical examiners have completed an autopsy on a Freddie Mac executive found dead in an apparent suicide, but say a final determination on his cause of death could be weeks away.

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