ARIZONA

Five banks closed by U.S. regulators

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Bank regulators closed four Midwestern banks and one in Arizona on Friday, bringing to 89 the number of U.S. banks to fail this year as deteriorating loans continue to take their toll on financial institutions.
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Court to rule on Balsillie's bid for Phoenix Coyotes

Research in Motion Ltd Co-Chief Executive James Balsillie will find out on Wednesday whether his bid for the National Hockey League's Phoenix Coyotes will be included in an auction set for next week in federal bankruptcy court in Arizona.
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6 Realities of Doing Business on the Social Web

Perhaps the most remarkable thing about online networking is the wide range of reactions it stirs up. Some real estate professionals swear by it. Others say it's a diversion at best-and an utter waste of time at worst.
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BBVA expected to win Guaranty auction: sources

Banco Bilbao Vizcaya Argentaria , Spain's second-largest bank, is expected to win a government-run auction of troubled Texas lender Guaranty Financial Group Inc , sources familiar with the situation said on Wednesday.
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Michelle Obama's shorts cause a stir (Photo)

First lady, Michelle Obama, is on the spotlight again for her fashion, this time however not many people not many people are in favor of the mid-thigh shorts she chose to wear on a family holiday to the Grand Canyon.
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Great Deals Out There on Vacation Homes

Despite weakening second home purchases in 2008, the long-term demand looks favorable for the second-home market because there are large numbers of people in the prime years for buying a second home.
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The Red Rocks of Sedona, Arizona - USA

Driving south through the Navajo reservation on Highway U.S. 89, our anticipation heightens as the San Francisco Peaks come into view. While my wife and I have made this journey many times, we still marvel at the magnetic pull that draws us to northern Arizona each year.
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Unemployment spreads distress in U.S. home loans

Cities in the U.S. Sun Belt states of California, Florida, Nevada and Arizona dominated the record foreclosure spree in the first half of the year, but distress in other regions emerged as joblessness spread, RealtyTrac said on Thursday.
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Final bids due for NHL's bankrupt Phoenix Coyotes

Final bids are due by the end of Friday for the National Hockey League's Phoenix Coyotes in federal bankruptcy court in Arizona, even as the team disclosed it continued to lose money last season.
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Quadra says Q2 production lags; cuts FY output view

Canadian copper miner Quadra Mining Ltd said quarterly production at its Nevada-based Robinson mine and Arizona-based Carlota mine was below expectations, and cut its full-year production outlook for both mines.
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Summertime....Will the Home Buying be Easy?

It was a good kick-off for the summer season. The pending home sales index figure that was released earlier this month marked a third straight month of rising pending sales. That is certainly welcome and encouraging news.

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