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S&P/Case-Shiller index fuels hope for a comeback
The S&P/Case Shiller Home Price Indeces showed positive annual growth rates in three key metrics for the first time since the summer of 2010.
“Home prices gained in the second quarter,” said David M. Blitzer, chairman of the Indx Committee at S&P Dow Jones Indices. “In this month’s report, all three composites and all 20 cities improved both in June and through the entire second quarter of 2012.”
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Mixed expectations for forest product M&A
An article just released by Standard & Poor's Ratings Services predicted that mergers and acquisitions among forest product companies will continue to increase over the next few quarters due to strong balance sheets and attractive financing terms. But this M&A activity will largely be contained to the paperboard and packing sectors, according to "Top Investor Questions For The U.S.