Genworth Financial's Cost of Care survey tracked average prices of home care, assisted living facilities and nursing homes across the country, and unsurprisingly, found staggering variations. The priciest state for nursing home care in the U.S. averages more than four times as much as the cheapest.
If struggling homeowners can make trial modified mortgage payments, the next logical step, it seems, would be to make the modifications permanent. Sadly, however, this is a rare occurrence. Follow the stories of three families as they wrestle with the foreclosure process.
In Asia Friday China's Shanghai Composite Index slid 0.7% on new numbers out of Beijing that indicate the Chinese economy is indeed cooling off. Meanwhile, Hong Kong's Hang Seng Index increased 0.4%, and in Japan the Nikkei 225 Index inched down 0.1%.
Airgas' board of directors unanimously rejected an increased bid of $65.50 a share from larger competitor Air Products & Chemicals.
Air Products & Chemicals (APD) has raised its bid for Airgas (ARG) to $65.50 a share in an all-cash offer. The latest offer represents a 50% premium above Airgas' closing stock price on Feb. 4, the day prior to Air Products submitting its first acquisition plan, Air Products said Monday in a written statement.
PBS's Antiques Roadshow has inspired thousands of people to scour their grandma's attics. While few people strike it rich on the show, some turn out to have true treasure on their hands. Here are five of the biggest valuations from the U.S. show and where the items are now.
Given the need big companies have to find growth and the availability of credit, no wonder hostile takeovers are sprouting. Air Products' $5.1 billion grab for Airgas would create a powerhouse in the liquid bulk gas market, but Airgas isn't likely to play along with that plan.