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  • TEXT-Fitch cuts some RBSCF 2009-RR1 ratings Friday, 12 Oct 2012 | 6:01 PM ET

    Oct 12- Fitch Ratings has downgraded 16 classes and removed from Rating Watch Negative 15 classes of J.P. Morgan Chase Mortgage Securities Trust, series 2008- C2.

  • TEXT-Fitch cuts 9 classes of ML-CFC 2006-1 Friday, 12 Oct 2012 | 4:33 PM ET

    Oct 12- Fitch Ratings downgrades nine classes and affirms five classes of ML-CFC Commercial Mortgage Trust, series 2006-1. A detailed list of rating actions follows at the end of this press release. As of the September 2012 distribution date, the pool's aggregate principal balance has decreased 38.2% to $1.32 billion from $2.14 billion at issuance.

  • AZ Senate hopefuls wage air war for women, Latinos Friday, 12 Oct 2012 | 8:32 AM ET

    WASHINGTON-- An old feud and the race for women voters took center stage in a tight Arizona Senate race Thursday, with Republican Rep. Jeff Flake citing the grudge in a new ad alleging that Democrat Richard Carmona lacks the temperament for the job. Richard Carmona should never, ever be in the U.S. Senate. "

  • *Wal-Mart lines up 6 major health centers for procedures. *Wal-Mart has covered transplants since 1996 By Jessica Wohl.

  • Oct 11- Heartland Financial USA Inc:. *To acquire heritage bank, n.a. in Phoenix, Arizona. *Says to acquire heritage in an all-cash transaction valued at approximately $16 mln.

  • Where have 'Today' show viewers gone? Thursday, 11 Oct 2012 | 11:45 AM ET

    When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.

  • Alice Cooper kicks off South Dakota rock academy Thursday, 11 Oct 2012 | 10:59 AM ET

    SIOUX FALLS, S.D.-- To all the girls and boys, makin' all that noise: Alice Cooper has found you some new toys. The heavy metal icon was in South Dakota on Wednesday to help kick-off a 6,000- square-foot rock `n' roll academy for local Boys& Girls Club members.

  • Utah foreclosure rate holds steady at No. 16 in US Thursday, 11 Oct 2012 | 10:54 AM ET

    SALT LAKE CITY-- Utah's September foreclosure rate remains the 16th highest in the nation for a second month. Data released Thursday by RealtyTrac Inc. shows that one in every 903 Utah housing units saw a foreclosure filing in September. Florida, California, Illinois, Arizona and Nevada had the highest foreclosure rates in the nation in August.

  • Illinois Q3 foreclosures up 31 percent over 2011 Thursday, 11 Oct 2012 | 10:23 AM ET

    A report released Thursday by Irvine, Calif.- based RealtyTrac shows Illinois with 42,176 foreclosure filings from July through September. On a monthly basis, Illinois foreclosures dropped 20 percent in September compared to August. Arizona and California also have foreclosure rates higher than Illinois.

  • Nevada remains 5th in nation for foreclosure rate Thursday, 11 Oct 2012 | 10:10 AM ET

    LAS VEGAS-- Nevada's foreclosure rate remains fifth in the nation after big drops in activity compared with last year. RealtyTrac reports Thursday that Nevada's September foreclosure rate is down 19 percent from August and down more than 75 percent from the same time last year. That rate fell behind Florida, California, Illinois and Arizona.

  • Challenge to use of mortgage settlement rejected Thursday, 11 Oct 2012 | 8:45 AM ET

    PHOENIX-- A lawyer for housing advocates say they'll probably appeal a judge's rejection of a challenge to Arizona's use $50 million from a multistate foreclosure settlement to help balance the state budget.

  • US foreclosure filings hit 5-year low in September Thursday, 11 Oct 2012 | 12:14 AM ET

    It was the second-consecutive monthly decline in filings, although there remains a sharp divergence along state lines, according to a report Thursday by foreclosure listing firm RealtyTrac Inc..

  • Tully's Coffee parent files for Ch. 11 bankruptcy Thursday, 11 Oct 2012 | 12:12 AM ET

    The parent company of Tully's Coffee has filed for Chapter 11 bankruptcy protection and will close nine stores this Sunday. The Seattle- based coffee chain has long struggled under the shadow of Starbucks Corp.. Tully's opened its first store in 1992. It has shops in Arizona, California, Colorado, Idaho, Montana, Oregon and Washington.

  • Highlights from the Fed's US economic survey Wednesday, 10 Oct 2012 | 4:56 PM ET

    WASHINGTON-- A Federal Reserve survey released Wednesday found that the economy grew modestly in the late summer, bolstered by solid gains in housing. The report is based on anecdotal information from the regional districts and covers the period from mid-August to Sept. 28. The region's economy expanded modestly.

  • Players lash out at new bounty discipline Wednesday, 10 Oct 2012 | 9:24 AM ET

    NEW ORLEANS-- Jonathan Vilma, Will Smith and the NFL players union left little doubt they remain determined to challenge Commissioner Roger Goodell's authority to suspend players in connection with the league's bounty investigation of the New Orleans Saints.

  • Avnet 1Q adj. profit to come in well below outlook Wednesday, 10 Oct 2012 | 9:18 AM ET

    PHOENIX-- Electronic parts and computer products distributor Avnet said Wednesday that its fiscal first-quarter adjusted earnings are expected to come in well below its previous forecast and revenue near the lower end of its guidance.

  • Salazar approves massive Wyoming wind farm project Tuesday, 9 Oct 2012 | 4:44 PM ET

    CHEYENNE, Wyo.-- Interior Secretary Ken Salazar on Tuesday authorized what he described as potentially the largest wind energy project in the United States, if not the world: A Wyoming wind farm with up to 1,000 turbines that would provide electricity to some 1 million homes.

  • In Ohio, Mandel's Senate bid faces Dems' scrutiny Tuesday, 9 Oct 2012 | 1:03 PM ET

    CHILLICOTHE, Ohio-- Josh Mandel, the Republican nominee for the U.S. Senate, declines to take a stand on the 2009 bailout of the auto industry and reserves judgment on vice presidential candidate Paul Ryan's plans for Medicare.

  • U of A wins grant to study biodiesel effects Tuesday, 9 Oct 2012 | 11:17 AM ET

    TUCSON, Ariz.-- Researchers at the University of Arizona have won a $1.4 million grant to study the occupational and environmental health effects of underground mining equipment that runs on biodiesel-blend fuels. The university says mining operators are shifting from diesel to biodiesel-blend fuels in a bid to lower exposure to pollutants.

  • Cash America buying 34 new stores in US Tuesday, 9 Oct 2012 | 10:03 AM ET

    FORT WORTH, Texas-- Less than two weeks after announcing plans to slash its operations in Mexico, Cash America is adding new pawn shops in the U.S. The Fort Worth, Texas, company said Tuesday that it has signed two deals for 34 locations, in Tennessee, North Carolina, Kentucky and Arizona, for $68 million to $72 million.