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CN reports Q2-2008 net income of C$459 million, or C$0.95 per diluted share, including deferred income tax recovery of ... (Marketwire via Yahoo! Finance)
CN today reported its financial and operating results for the second quarter and first half ended June 30, 2008.

Fitch Rates Florida HFC's $66MM Mortgage Revenue Bonds 'AA+' (Business Wire via Yahoo! Finance)
NEW YORK----Fitch Ratings has assigned an 'AA+' rating to Florida Housing finance Corporation's $66 million homeowner mortgage revenue bonds, 2008 series 2. The bonds are expected to be sold through negotiation this week and are expected to close on or about July 29, 2008.

Authorities tried to lock up, deport shooter who killed Fort Myers police officer (Naples Daily News)
How? That question is on the minds of police, residents and government officials in the case of Abel Arango, the Cuban refugee who shot and killed a Fort Myers police officer last week.

Defendants in federal drug case allowed to post bonds (Oakland Tribune)
Federal Magistrate Maria-Elena James allowed at least three of the alleged drug traffickers to post $200,000 bonds, with their family members offering the equity they own in their homes as surety.

Fitch Rates Florida's $200MM 2008B Lottery Revs 'A' (Business Wire via Yahoo! Finance)
NEW YORK----Fitch assigns an 'A' rating to the State of Florida's $200 million lottery revenue bonds, series 2008B, to be issued on behalf of the State Board of Education upon 18 hours' notice, expected the week of July 28th.

Cash owed to builders piles up as work lags (The Myrtle Beach Sun News)
Construction-related debts recorded in mechanics liens filed in Horry County have more than doubled over the past year to $17.7 million, providing further evidence of a slump in this area's economy and growing financial pressures on builders and their suppliers.

Debt capitalism self-destructs (Asia Times)
In a period of less than a year, what had been described by US authorities as a temporary financial problem related to the bursting the housing bubble has turned into a fully fledged crisis at the very core of free-market capitalism.

Indictments: Man accused in chase indicted (Bowling Green Daily News)
A Louisville man who is accused of leading three law enforcement agencies on a high speed chase in June was indicted Wednesday by a Warren County grand jury.

Fitch Rates Florida�s $200MM 2008B Lottery Revs �A� (wallstreet:online AG)
Fitch assigns an �A� rating to the State of Florida�s (the state) $200 million lottery

More News (Gazette.Net)
County Executive Jack B. Johnson (D) has approved numerous changes to the county?s bonding regulations. These rules have historically been a problem for smaller contractors because they require large bonds within 10 days of the bid award.

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