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National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure

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The primary funding source for this redevelopment program is our significant free cash flow of over $200 million. As outlined in our earnings. see weaker performance in third and fourth quarter.

National City Takes $200 Million Charge, Sees Fourth Quarter Earnings Pressure Nonperforming assets comprised 1.77% of total assets as of Dec., 30, down from 1.98% the previous quarter although, not surprisingly, up from 1.06% at the end of 2008. The company charged-off nonperforming loans totaling $18 million in the fourth quarter for an.

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Last month, the Swiss National Bank set a cap on the franc. but it said it expected to take a restructuring charge of around $300 million in the fourth quarter. The robust franc dented Novartis’.

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Contents Home sales (august Bank card default Houston home purchases Newly released data Takes $200 million charge Matters special:. guilty New Home Sales Drop In August. Sales of new homes fell 4.4 percent in August, held back by the worst drop in the South in three years. Nationally, homes sold at a seasonally adjusted annual

National City Corp. took a $200 million charge in October and November surrounding its mortgage banking operations, saying its mortgage business "continues to be under stress" in a filing Monday.

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