Debt Consolidation News
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Tue, 09 Jun 2009 12:10:30 GMT)
Water Plan Returns to Wales
At their May 12 meeting, members of the Wales Town Board again raised the idea of introducing the first municipal water district to the community. Such a district would be in the western end of town, bordering the Town of Aurora. (Tue, 09 Jun 2009 09:22:04 GMT)
12th FC recommendations implemented in state
By Our Staff Reporter Bhopal, June 8: Madhya Pradesh has been able to successfully implement the recommendations of the 12th Finance Commission by virtue of its prudent fiscal management and austerity measures. (Mon, 08 Jun 2009 17:16:57 GMT)
Water Plan Returns to Wales
At their May 12 meeting, members of the Wales Town Board again raised the idea of introducing the first municipal water district to the community. Such a district would be in the western end of town, bordering the Town of Aurora. (Mon, 08 Jun 2009 13:43:11 GMT)
Nigeria: Challenges Before the New CBN Governor
The CV of the new CBN governor looks bright and his capability to run the affairs of the nation's apex bank is not in doubt. However, he may have to rise early the challenges of rising interest rate, credit flow, inflation growth among others for the economy to move in the right direction. (Mon, 08 Jun 2009 13:10:03 GMT)
Nigeria: AFC, Yar'Adua and the Rule of Law!
It is not unusual for a loyal and productive employee to receive a reward on retirement or withdrawal of service as an expression of gratitude from an employer; such gesture also serves to motivate serving employees to be dedicated and focused on their duties. (Mon, 08 Jun 2009 12:55:03 GMT)
Forest City Reports Fiscal 2009 First-Quarter Results
Forest City Enterprises, Inc. , today announced EBDT, net earnings and revenues for the fiscal first quarter ended April 30, 2009. (Mon, 08 Jun 2009 12:00:00 GMT)
MasTec Announces Closing of Convertible Note and Common Stock Offerings and Full Exercise of Common Stock Offering ...
MasTec, Inc. today announced that it has closed its $100 million convertible note offering and the secondary offering of shares of common stock for certain selling shareholders. In addition, MasTec announced today that the underwriters have fully exercised their over-allotment option in the common stock offering which is scheduled to close on June 10, 2009. (Mon, 08 Jun 2009 10:00:00 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Mon, 08 Jun 2009 09:25:22 GMT)
Globalstar Announces Execution of Coface-Backed Financing
generation satellite constellation and IP-based ground segment (Mon, 08 Jun 2009 04:01:00 GMT)
Water Plan Returns to Wales
At their May 12 meeting, members of the Wales Town Board again raised the idea of introducing the first municipal water district to the community. Such a district would be in the western end of town, bordering the Town of Aurora. (Sun, 07 Jun 2009 07:14:14 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Sun, 07 Jun 2009 06:19:42 GMT)
The burden of education
Congratulations, graduates. Now it's time to pay up those student loans. (Sat, 06 Jun 2009 19:59:26 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Sat, 06 Jun 2009 10:34:04 GMT)
DGAP-News: Globalstar Announces Execution of Coface-Backed Financing
Globalstar, Inc. / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. (Sat, 06 Jun 2009 00:23:18 GMT)
Penn Virginia Markets Debt as High-Yield Borrowing Costs Fall
June 5 (Bloomberg) -- Penn Virginia Corp. , an explorer and producer of oil and natural gas, is offering $250 million of bonds as speculative-grade borrowing costs fall to the lowest in eight months. (Fri, 05 Jun 2009 11:37:23 GMT)
Which Restaurant Stocks Should Whet Investors' Appetites?
A comprehensive look at the restaurant industry. (Fri, 05 Jun 2009 11:00:00 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Fri, 05 Jun 2009 10:34:03 GMT)
Automotive
Eliminate your garage grime: simple summer clean-up solutions (ARA) - Green grass can finally be seen again and people across the country are realizing they can't avoid it anymore. That's right; summer is here and it's time to clean the garage. (Fri, 05 Jun 2009 00:19:16 GMT)
DOKUMENTATION/Einleitende Bemerkungen von ... (zwei)
DJ DOKUMENTATION/Einleitende Bemerkungen von ... (zwei) Risks to these projections are broadly balanced. On the downside, these risks relate in particular ... (Thu, 04 Jun 2009 14:06:25 GMT)
ECB Trichet's Introductory Statement June 4
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to today's press conference. We will now report on the outcome of today's meeting of the Governing Council, which was also attended by Commissioner Almunia. (Thu, 04 Jun 2009 13:41:44 GMT)
DJ DOKUMENTATION/Einleitende Bemerkungen von ... (z.
Risks to these projections are broadly balanced. On the downside, these risks relate in particular to the outlook for economic activity, while on the upside they relate to higher than expected commodity prices. (Thu, 04 Jun 2009 13:33:31 GMT)
Teekay Corporation Reports Fourth Quarter and Annual Results
Highlights - Fourth quarter 2008 cash flow from vessel operations of $199.2 million, up from $141.7 million in the same quarter of the prior year - Fourth quarter 2008 adjusted net income of $53.2 million, or $0.73 per share (excluding specific items which decreased net income by $714.1 million, or $9.85 per share), up from $0.31 per share in the same quarter of the prior year - 2008 cash flow ... (Thu, 04 Jun 2009 11:20:33 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Thu, 04 Jun 2009 06:42:44 GMT)
Clock ticks for GPT chief
HAVING entrusted Michael Cameron with $1.7 billion of new equity, GPT's hard-hit investors expect the new chief executive to turn the ship around. (Wed, 03 Jun 2009 14:02:00 GMT)
KeyCorp Commences Separate Exchange Offers for $503,530,000 of Its Series A Preferred Stock and for $797,647,000 Trust ...
U.S. Government Stress Tests required KeyCorp to generate $1.8 billion in Tier 1 common equity. (Wed, 03 Jun 2009 13:22:00 GMT)
Tips to Get Out of Debt and Avoid Bankruptcy
(ARA) - Facing the most difficult economic conditions in decades, many Americans are sobering up to the fact that they're deeply in debt. (Wed, 03 Jun 2009 12:23:26 GMT)
Sistema Announces Unaudited Financial Results for the First Quarter Ended March 31, 2009
MOSCOW----Sistema , the largest diversified public financial corporation in Russia and the CIS, which manages large companies operating in different industries, today announced its unaudited consolidated US GAAP financial results for the first quarter ended March 31, 2009. (Wed, 03 Jun 2009 10:00:00 GMT)
3 Ways Consumers Can Get Help With Debt Trouble After Credit Card Reform
Expert at Bills.com suggests tools to help with credit card debt (http://www.bills.com/credit-card (PRWeb Jun 3, 2009) Read the full story at http://www.prweb.com/releases/de (Wed, 03 Jun 2009 07:03:53 GMT)
3 Ways Consumers Can Get Help With Debt Trouble After Credit Card Reform
Expert at Bills.com suggests tools to help with credit card debt. (Wed, 03 Jun 2009 07:00:00 GMT)
Tips for New Grads With Student Loans
Find Out How Much You Owe -- As soon as they can, new grads should assess their financial situation and determine how much they actually owe, financial planner Rebecca Schreiber advised. (Wed, 03 Jun 2009 03:58:20 GMT)
Tips for New Grads With Student Loans
Find Out How Much You Owe -- As soon as they can, new grads should assess their financial situation and determine how much they actually owe, financial planner Rebecca Schreiber advised. (Wed, 03 Jun 2009 03:55:19 GMT)
Tips for New Grads With Student Loans
Tips for New Grads With Student Loans As college graduates head out into the workforce this year, many face the prospect of limited job opportunities and big student-loan debts. (Wed, 03 Jun 2009 03:37:38 GMT)
Apple Faithful: Arrogance Is Not a Virtue, and Why I Will Never Buy a Mac
I've often asked why I don't own a Mac. The answer is simple, and yet complex, and requires a trip down memory lane (artwork by Spidermonkey) David Morgenstern’s column last week about Psystar’s imminent demise and his accompanying “Good Riddance” commentary struck a particular sour chord with me that reeked of the typical dismissive Mac fanboyism and “Not invented here” mentality which has ... (Tue, 02 Jun 2009 22:37:49 GMT)
M&A activity not out of the woods yet, say experts at ACG conference
Dont expect merger and acquisition activity to return to normal levels any time soon, was the message Tuesday morning at an annual conference put on by the Detroit chapter of the Association for Corporate Growth. (Tue, 02 Jun 2009 18:43:27 GMT)
(AFX UK Focus) 2009-06-02 17:59 NEWSMAKER-Oleg Deripaska, passenger on Russia's Opel journey
By Melissa Akin (Tue, 02 Jun 2009 17:32:37 GMT)
NEWSMAKER-Oleg Deripaska, passenger on Russia's Opel journey
* Deripaska's GAZ to be Opel's industrial partner (Tue, 02 Jun 2009 16:44:07 GMT)
(AFX UK Focus) 2009-06-02 08:55 Croatia - Factors To Watch on June 2
ZAGREB, June 2 (Reuters) - Following are the main news stories, press reports and events to watch which may affect Croatia's financial markets on Tuesday. ZAGREB - Finance ministry auctions treasury bills worth 150 million kuna and 30 million euros. (Tue, 02 Jun 2009 08:18:12 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Tue, 02 Jun 2009 08:16:52 GMT)
Is equity a release … or a burden?
As pensions plummet, is it wise to cash in on your home, asks Hilary Osborne Falling interest rates and diving stockmarkets have been a double-whammy for older people who have seen their income from savings and annuity rates plummet. Is the answer an equity release plan? Many older people still have a substantial amount of equity in their homes, despite falling house prices. Figures from ... (Tue, 02 Jun 2009 05:59:07 GMT)
Chapter 11 filing is 'sobering' day for GM
JUNE 1, 2009 -- A truck carrying four General Motors cargo vans drives down Edinger Road in Wentzville on Monday to be taken to a dealership. (Emily Raskinski/P-D) (Tue, 02 Jun 2009 05:55:36 GMT)
Columbia-area GM dealers ready to roll into new future
For months, the General Motors bankruptcy has appeared inevitable. Now, area dealers are ready for the embattled automaker to move ahead. (Tue, 02 Jun 2009 04:01:59 GMT)
New firm touts loan services to at-risk homeowners
Santoya Financial opened in north Phoenix touting its services in part to homeowners about to lose their properties. (Tue, 02 Jun 2009 02:06:21 GMT)
Commendation for Mr. Consolidation
He came, he saw, he consolidated. No tears were shed and no sobs were heard, but it was nonetheless an emotional farewell yesterday for the outgoing governor of Central Bank of Nigeria (CBN), Professor Charles Chukwuma Soludo, whose five-year tenure has come to an end. (Tue, 02 Jun 2009 00:29:39 GMT)
Yen Trades Near Two-Month Low Versus Euro on Signs of Recovery
June 2 (Bloomberg) -- The yen traded near a two-month-low versus the euro after reports in the U.S. and China showed global growth may be recovering, spurring investors to buy higher-yielding assets funded by low-cost loans made in Japan. (Mon, 01 Jun 2009 23:39:08 GMT)
Temecula Valley Bancorp Enters Into Non-Binding LOI with Private Equity Funds for up to $210 Million Cash Infusion
TEMECULA, Calif.----Temecula Valley Bancorp Inc. , along with its wholly owned subsidiary Temecula Valley Bank, announced today that it has entered into a non-binding letter of intent with Bancroft Capital and certain institutional investors, including Orient Property Group LLC. (Mon, 01 Jun 2009 23:33:00 GMT)
Yen Trades Near Two-Month Low Versus Euro on Signs of Recovery
June 2 (Bloomberg) -- The yen traded near a two-month-low versus the euro after reports in the U.S. and China showed global growth may be recovering, spurring investors to buy higher-yielding assets funded by low-cost loans made in Japan. (Mon, 01 Jun 2009 21:51:00 GMT)
IMF Executive Board Concludes 2009 Article IV Consultation with St. Kitts and Nevis
On May 15, 2009, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with St. Kitts and Nevis. 1 Near-term growth prospects have deteriorated markedly in the wake of the global recession, the collapse of Trinidad-based CL Financial Group, and damage from Hurricane Omar, further complicating an already difficult situation. (Mon, 01 Jun 2009 20:14:03 GMT)
Tefron Reports First Quarter 2009 Results
Tefron Ltd. , a leading producer of seamless intimate apparel and engineered-for-performance active wear, today announced financial results for the first quarter of 2009. (Mon, 01 Jun 2009 10:18:00 GMT)
KNM’s valuations compelling, says HLG
HLG Research has maintained its buy call on KNM Group Bhd at 80.5 sen with a target price of RM1, noting that the stock’s valuations remained compelling at 9.7 times FY10 price earnings (PE) and 35%-40% discount to global peers. (Mon, 01 Jun 2009 04:26:01 GMT)
Know your loan options
GRADUATING INTO A BARREN job market is stressful enough. When massive student loans await, the rite of passage can be downright terrifying. (Sun, 31 May 2009 12:03:05 GMT)
How college graduates can keep debt in check
NEW YORK -- Graduating into a barren job market is stressful enough. When massive student loans await, the rite of passage can be downright terrifying. (Sun, 31 May 2009 07:08:51 GMT)
Station fire victims get tips on handling financial windfall
WARWICK -- The victims of the Station nightclub fire are mostly working-class people. For many of them, life has been a struggle to make ends meet, even before the catastrophic blaze that burned and disfigured them and took the lives of their loved ones. (Sun, 31 May 2009 02:01:45 GMT)
No increase in sales tax in next budget: Tarin
LAHORE (May 31 2009): Advisor to Prime Minister on Finance Shaukat Tarin has stated that in the forthcoming Federal Budget no new taxes would be imposed on industry, and the rate of general sales tax (GST) would remain the same. (Sat, 30 May 2009 22:35:15 GMT)
Tata Motors: Hold
Though the company is slowly picking up the threads once again, fresh buying can be put off till the commercial vehicle demand begins to show firm growth signs. (Sat, 30 May 2009 18:55:22 GMT)
Fitch Affirms 6 Classes of NELF, Inc. 1993-A
NEW YORK----Fitch Ratings affirms six classes from the following Federal Family Education Loan Program student loan asset-backed notes issued by NELF, Inc. - 1993 Indenture of Trust, series 1993-A: (Fri, 29 May 2009 19:06:00 GMT)
Fields: Beach and Coral Tower 'consolidation'
It's likely to be deja vu all over again for Atlantis employees, with the resort telling Guardian Business it will "consolidate" operations at its Beach and Coral towers as the need arises over a three month period this fall. (Fri, 29 May 2009 19:02:25 GMT)
Foreclosures Mount as Homeowners Fight to Save Their Homes
Loan Modification Program From Think Debt Relief Offers Help to Homeowners Unaided by Government Rescue Program (Fri, 29 May 2009 16:49:13 GMT)
Foreclosures Mount as Homeowners Fight to Save Their Homes
Almost three months after the Obama administration launched its Making Home Affordable initiative, the sweepingly ambitious federal homeowner rescue program, most homeowners have yet to see any significant mortgage debt relief as foreclosures in April rose to a record high, up a gloomy 32 percent from this time last year. (Fri, 29 May 2009 16:42:00 GMT)
Bankruptcy judge nears Chrysler ruling
UPDATED AT 4:36 P.M.: Lawyers for Chrysler, dealers it is trying to terminate, the UAW and three Indiana pension funds presented closing arguments this afternoon as a U.S. bankruptcy judge prepared to rule on whether Chrysler's partnership with Fiat will move forward. (Fri, 29 May 2009 15:23:32 GMT)
Dewan Housing to raise Rs 1,000 crore in July
Dewan Housing Finance Corporation (DHFL) is planning to issue non-convertible debentures (NCDs) worth up to Rs 1,000 crore in July to meet its credit disbursal targets for the current financial year. (Thu, 28 May 2009 23:42:08 GMT)
Seenews: news report of 27.05.2009
Updated news from Balkans powered by www.seenews.com Thursday 28 May 2009, by Emanuele G. - 0 letture (Thu, 28 May 2009 12:48:52 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Thu, 28 May 2009 10:34:06 GMT)
UK's Outstanding Debt Overtakes Annual Salary Earning
Research from Confused.com finds residents in Kingston-Upon-Thames, Manchester and Surrey are the biggest spenders. (Thu, 28 May 2009 07:01:00 GMT)
Tips to Get Out of Debt and Avoid Bankruptcy
(ARA) - Facing the most difficult economic conditions in decades, many Americans are sobering up to the fact that they're deeply in debt. (Thu, 28 May 2009 06:41:32 GMT)
TSX tumbles as banks, materials retreat
Toronto's main stock index snapped a three-session winning streak on Wednesday, tumbling more than 1 percent as rising yields on U.S. government debt fanned fears of higher borrowing costs, which delay an economic recovery. (Wed, 27 May 2009 21:44:00 GMT)
Pound Exceeds $1.60 for First Time Since November on Stock Gain
May 27 (Bloomberg) -- The pound rose above $1.60 for the first time in almost seven months as speculation the worst of the financial crisis is over stoked demand for assets denominated in the British currency. (Wed, 27 May 2009 16:51:02 GMT)
Nationwide braces for rise in bad debts
LONDON (Reuters) - Nationwide , Britain's largest building society, reported a 69 percent drop in its pretax profit on Wednesday, blaming the fall on the costs of a government consumer protection scheme, and also said it was braced for a rise in bad debt provisions. (Wed, 27 May 2009 16:21:40 GMT)
Nationwide braces for rise in bad debts
Wed 27 May, 2009 12:43 (Wed, 27 May 2009 13:15:44 GMT)
RBC Bearings Incorporated Announces Fiscal 2009 Fourth Quarter Results
OXFORD, Conn.----RBC Bearings Incorporated , a leading international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, today reported results for the fourth quarter ended March 28, 2009. (Wed, 27 May 2009 12:00:00 GMT)
Africa: New Projects Keep African Mining Lively
Johannesburg — AFRICA's mining sector continues to be active with new projects in the pipeline and investment interest from China, India and Brazil, despite the economic slowdown and collapse in commodities prices since last October. (Wed, 27 May 2009 08:31:44 GMT)
7 Ways to Use Graduation Gifts To Get Out of Debt, Start Saving
Gifts of money can give grads a leg up on financial life with tips from Bills.com (http://www.bills.com). (PRWeb May 27, 2009) Read the full story at http://www.prweb.com/releases/gr (Wed, 27 May 2009 07:04:04 GMT)
7 Ways to Use Graduation Gifts To Get Out of Debt, Start Saving
Gifts of money can give grads a leg up on financial life with tips from Bills.com. (Wed, 27 May 2009 07:00:00 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Wed, 27 May 2009 06:21:05 GMT)
Consumer Finance, Debt Relief Expert Source Available to Discuss Credit Card Reform
Brad Stroh of Bills.com Comments on Bill's Implications and Likely Outcomes of Regulations. (Tue, 26 May 2009 12:27:00 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Tue, 26 May 2009 08:24:50 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Tue, 26 May 2009 07:32:50 GMT)
COMSTAR - United Telesystems OJSC Financial Results for the First Quarter of 2009
MOSCOW----"COMSTAR - United TeleSystems" OJSC , the largest integrated telecommunications provider in Moscow and 69 Russian cities, today announced its unaudited consolidated US GAAP1 financial results for the three months ended March 31, 2009. (Tue, 26 May 2009 06:30:00 GMT)
New Wave of Defaults Looms
26 May 2009 Reuters Evaporating profits at highly leveraged Russian companies could soon present foreign bondholders with a painful choice: debt restructuring or default. (Mon, 25 May 2009 21:58:31 GMT)
Greece: 2009 Article IV Consultation Concluding Statement of the Mission
After years of strong growth, the Greek economy is entering a downturn. During the upswing, per-capita incomes approached the euro-area average. This occurred in an unusually benign global environment with ample liquidity and low interest rates. (Mon, 25 May 2009 13:58:59 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Mon, 25 May 2009 10:34:25 GMT)
Tips to Get Out of Debt and Avoid Bankruptcy
(ARA) - Facing the most difficult economic conditions in decades, many Americans are sobering up to the fact that they're deeply in debt. (Mon, 25 May 2009 06:46:25 GMT)
Debt load led mall owner to bankruptcy
But shopping centers should stay open (Sun, 24 May 2009 12:03:26 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Sun, 24 May 2009 06:19:52 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Sat, 23 May 2009 14:32:14 GMT)
Most loans 'for debt consolidation'
More than half of borrowers who take out a personal loan do so to consolidate existing debts, research has shown. (Sat, 23 May 2009 02:41:54 GMT)
Temecula Valley Bancorp Reports First Quarter 2009 Results
TEMECULA, Calif.----Temecula Valley Bancorp Inc. , today reported a net loss of $36.2 million, or $3.61 per share, for the three months ended March 31, 2009, compared to net earnings of $1.5 million, or $0.14 per share for the same period of 2008. (Sat, 23 May 2009 00:44:00 GMT)
More Economy Pages
The Obama Administration is abusing bankruptcy law to benefit a favored constituency, the United Auto Workers union. This threatens serious consequences. (Fri, 22 May 2009 15:05:23 GMT)
Computer Modelling Group Announces Record Year End Results
CALGARY, ALBERTA--(Marketwire - May 22, 2009) - Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX:CMG) is pleased to report record financial results for the fiscal year ended March 31, 2009 which surpass all previous records. /T/ ---------------------------------------------------------------------------- $thousands, unless otherwise noted For the years ended March 31, 2008 2009 Change ... (Fri, 22 May 2009 12:04:16 GMT)
Africa: New Projects Keep Mining Lively
Johannesburg — AFRICA's mining sector continues to be active with new projects in the pipeline and investment interest from China, India and Brazil, despite the economic slowdown and collapse in commodities prices since last October. (Fri, 22 May 2009 08:03:10 GMT)
Fraud schemes tend to follow economic trends
With fraud making news seemingly every day, it's important to avoid get-rich-quick schemes, refuse desperation deals, protect personal financial information and research financial decisions. (Fri, 22 May 2009 06:04:54 GMT)
Wells Fargo CEO on the hot seat
John Stumpf may not have realized that he was taking on one of the toughest jobs in corporate America when he agreed to become Wells Fargo's new chief executive officer in June 2007. (Fri, 22 May 2009 02:29:00 GMT)
Andreas Whittam Smith: A reality check bursts the bubble of optimism
Very early in the day, financial markets are playing a role in the general election due to take place within a year. They have sent a warning. If the winning party fails to reduce the level of government debt more sharply than is currently planned, then the cost of borrowing would rise. That means that either taxes would have to go up or government spending would have to be cut to pay the ... (Fri, 22 May 2009 00:09:04 GMT)
Green Plains buys former VeraSun ethanol plants
Green Plains Renewable Energy purchases two ethanol plants in Nebraska, formerly run by now-bankrupt VeraSun, in what is expected to be a wave of consolidation in the U.S. ethanol business. (Thu, 21 May 2009 20:22:33 GMT)
Universal Corporation Announces 17% Increase in Per Share Results
- (Thu, 21 May 2009 20:00:00 GMT)
(AFX UK Focus) 2009-05-21 18:30 RLPC-Ferrovial to unite loans in 3.3 bln euro refinancing
LONDON, May 21 (Reuters) - Spanish building and services group Grupo Ferrovial is talking to banks about a 3.3 billion euro loan refinancing that will consolidate existing loans into one facility, banking sources said on Thursday. Grupo Ferrovial is refinancing several loans, including a 1.85 billion pounds ($2.84 billion) loan that financed Ferrovial Infraestructuras' equity contribution in its ... (Thu, 21 May 2009 18:01:52 GMT)
Bank Watch (May 17-23): Feds Come Down on Chicago Area CRE Lender
First Mutual Bancorp of Illinois Inc., a Harvey, IL-based bank holding company that owns and controls Mutual Bank also in Harvey, entered into a written agreement with the Federal Reserve Bank of Chicago to maintain financial soundness. Among other... (Thu, 21 May 2009 12:06:31 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Thu, 21 May 2009 10:19:21 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Thu, 21 May 2009 07:25:04 GMT)
Gov’t local, foreign borrowings up 23.4%
The government has reported a 23.4-percent increase in its borrowings in the first four months of the year, as expenditures rose due to economic pump-priming efforts. (Wed, 20 May 2009 21:38:09 GMT)
BofA CEO Lewis: Industry consolidating, but not us
CHARLOTTE, N.C. (AP) - Bank of America Corp.'s chief executive Ken Lewis expects consolidation in the banking industry to pick up as the economy stabilizes, but says his bank won't be participating. (Wed, 20 May 2009 16:35:16 GMT)
Columbus McKinnon Reports Fiscal 2009 Year-end and Fourth Quarter Results and Announces Facility Consolidation Plans
Net loss of $102.5 million for the quarter and $78.4 million for the year results from share price related goodwill impairment charge of $107.0 million (Wed, 20 May 2009 11:30:00 GMT)
THE MALL OFFERS FINANCIAL FLEXIBILITY TO ITS RETAIL CUSTOMERS IN PARTNERSHIP WITH CITI ADVANCE
Citi and The Mall Group have further cemented their partnership with the launch of Citi M Personal Loan and through Citi Advance, a recently launched Consumer Finance brand of Citi in Thailand The fin (Wed, 20 May 2009 08:07:03 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Wed, 20 May 2009 07:32:13 GMT)
Baosteel gears up for 20b yuan bond float
Baosteel, China's leading steelmaker, has obtained approval to raise up to 20 billion yuan ($2.93 billion) in new capital in a bond issue to help trim its debt servicing costs. (Wed, 20 May 2009 02:30:50 GMT)
(AFX UK Focus) 2009-05-19 19:17 S&P sees Russia banks with massive credit losses
MOSCOW, May 19 (Reuters) - Problem loans could soar to 35-50 percent of total lending in Russia, Ukraine and Kazakhstan, though actual loan losses will be no more than half that level in Russia, Standard & Poor's said on Tuesday. Russian banks are suffering from a rapidly deteriorating economy and declining asset quality which threaten to consume profits and capital. State-run Sberbank and VTB ... (Tue, 19 May 2009 18:47:06 GMT)
S&P sees Russia banks with massive credit losses
MOSCOW, May 19 (Reuters) - Problem loans could soar to 35-50 percent of total lending in Russia, Ukraine and Kazakhstan, though actual loan losses will be no more than half that level in Russia, Standard & Poor's said on Tuesday. (Tue, 19 May 2009 18:02:06 GMT)
S&P sees Russia banks with massive credit losses
MOSCOW, May 19 (Reuters) - Problem loans could soar to 35-50 percent of total lending in Russia, Ukraine and Kazakhstan, though actual loan losses will be no more than half that level in Russia, Standard & Poor's said on Tuesday. (Tue, 19 May 2009 18:02:06 GMT)
European Stocks Climb to Four-Month High; Deutsche Bank Gains
May 19 (Bloomberg) -- Europe’s Dow Jones Stoxx 600 Index climbed to a four-month high as falling bank lending rates and a bigger-than-forecast increase in German investor confidence added to speculation the worst of the recession may be over. (Tue, 19 May 2009 16:52:14 GMT)
European Stocks Gain for Fourth Day; Deutsche Bank, BHP Climb
May 19 (Bloomberg) -- European stocks rose for a fourth day as falling bank lending rates and a bigger-than-forecast increase in German investor confidence added to speculation the worst of the economic slump may be over. (Tue, 19 May 2009 15:52:59 GMT)
Programs seek to forgive student loans
While graduation might provide relief from papers and exams, it comes with financial stress all its own. With jobs largely unavailable, graduates may face continued financial dependence, as well as the ever-present threat of student loan repayment. (Tue, 19 May 2009 15:25:04 GMT)
European Stocks Gain for Fourth Day; Deutsche Bank, BHP Climb
May 19 (Bloomberg) -- European stocks rose for a fourth day as falling bank lending rates and a bigger-than-forecast increase in German investor confidence added to speculation the worst of the economic slump may be over. (Tue, 19 May 2009 13:37:08 GMT)
European, Asian Stocks, U.S. Index Futures Gain; Banks Climb
May 19 (Bloomberg) -- European and Asian stocks and U.S. futures rose as falling bank lending rates and a bigger-than- forecast increase in German investor confidence added to speculation the worst of the economic slump may be over. (Tue, 19 May 2009 13:07:02 GMT)
European, Asian Stocks, U.S. Index Futures Gain; Banks Climb
May 19 (Bloomberg) -- European and Asian stocks and U.S. futures rose as oil climbed and speculation three American banks will repay a combined $45 billion of government funds fueled optimism the worst of the financial crisis is over. (Tue, 19 May 2009 11:23:08 GMT)
State Street to Raise Capital After $3.7 Billion Loss (Update2)
May 18 (Bloomberg) -- State Street Corp. , the world’s third-largest custody bank, sold $2 billion in stock after taking a $3.7 billion loss on fixed-income investments. (Tue, 19 May 2009 05:56:14 GMT)
FASB Rule Will Force Banks to Move Assets Onto Books (Update1)
May 18 (Bloomberg) -- Citigroup Inc. and JPMorgan Chase & Co. will be required starting next year to add billions of dollars of assets and liabilities to their balance sheets under rules approved by the Financial Accounting Standards Board. (Mon, 18 May 2009 19:37:01 GMT)
China Biologic Products Announces Strong First Quarter 2009 Results
China Biologic Products, Inc. , one of the leading plasma-based pharmaceutical companies in the People's Republic of China , reported strong financial results for the first quarter of 2009. (Mon, 18 May 2009 14:05:00 GMT)
Treasuries Gain on Speculation Economic Recovery Petering Out
May 18 (Bloomberg) -- Treasuries rose, extending last week’s gains, as investors sought the relative safety of U.S. debt amid speculation the economic recovery is faltering. (Mon, 18 May 2009 13:37:28 GMT)
WHX Corporation Reports Financial Results for the First Quarter of 2009, and Analyst Call on 5/19 at 8:30 am ET
WHX Corporation ; today reported financial results for the first quarter ended March 31, 2009. The Company also announced that it will hold an earnings call on Tuesday, May 19, 2009 at 8:30 am Eastern Time. (Mon, 18 May 2009 13:00:00 GMT)
State Street takes $3.7B loss on conduits
State Street Corp., one of the world’s largest custodians of assets for financial institutions, said it will take a one-time, after-tax loss of $3.7 billion when it brings assets from its troubled commercial paper program onto the Boston company’s balance sheet. (STT) (Mon, 18 May 2009 12:58:17 GMT)
Treasuries Gain on Speculation Economic Recovery Petering Out
May 18 (Bloomberg) -- Treasuries rose, extending last week’s gains, as investors sought the relative safety of U.S. debt amid speculation the economic recovery is faltering. (Mon, 18 May 2009 12:38:36 GMT)
United Fuel & Energy Reports First Quarter 2009 Results
United Fuel & Energy Corporation , a leading distributor of gasoline, diesel and lubricant products to customers in the southwestern and south central U.S. today announced its financial and operational results for the three months ended March 31, 2009. (Mon, 18 May 2009 11:00:00 GMT)
Dealers stay mum on GM message
No Livingston County auto dealerships contacted last week wanted to comment on whether they received word from General Motors Corp. that they would be among 1,100 dealers set to be cut from its network. (Mon, 18 May 2009 09:05:42 GMT)
Going public fueled Wall Street bonuses
SAN FRANCISCO -- Just after Labor Day, investment-bank executives huddle with their compensation advisers for the all-important bonus discussion. Bonuses are the lifeblood of Wall Street, helping bankers and traders buy expensive homes, art and cars. (Sun, 17 May 2009 10:20:58 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Sun, 17 May 2009 07:56:41 GMT)
It may be time to consolidate student loans
With new repayment plans and lower interest rates on the horizon, now is a good time to consider consolidating student loans. (Sun, 17 May 2009 07:16:08 GMT)
Questions and answers with Chuck Barber of Barber Brothers
Chuck Barber, 60, partner and co-founder of Barber Brothers in Orem, has survived the tumultuous days of gas rationing and skyrocketing gas prices in the wake of the 1973 oil crisis to a dramatic slowdown in sales in the aftermath of the Sept. 11, 2001 terrorist attacks. So far, his dealership, along with many others in Utah, has survived the unprecedented slowdown in sales since the recession ... (Sun, 17 May 2009 07:07:52 GMT)
Fiat's new prospects dazzle Italy
Once-struggling automaker has transformed itself from bit player into global titan in auto industry. (Sun, 17 May 2009 06:54:13 GMT)
Tips to Get Out of Debt and Avoid Bankruptcy
(ARA) - Facing the most difficult economic conditions in decades, many Americans are sobering up to the fact that they're deeply in debt. (Sun, 17 May 2009 06:21:10 GMT)
US-BUSINESS Summary
Stocks may brake for housing, Home Depot (Sat, 16 May 2009 16:24:49 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Sat, 16 May 2009 14:46:29 GMT)
GM to drop one in six dealers in the U.S.
The move could spark a political backlash as thousands of sales staff are laid off in communities across the country. More than 13,000 jobs at Canadian dealers are also at risk (Sat, 16 May 2009 12:17:42 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Sat, 16 May 2009 10:44:06 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Sat, 16 May 2009 10:21:28 GMT)
GM to cut 1,100 dealers
In moving to eliminate 1,100 underperforming dealerships by late next year, General Motors Corp. on Friday sent a message to bondholders and the United Auto Workers that all stakeholders are being asked to make sacrifices, industry experts said. (Sat, 16 May 2009 05:23:02 GMT)
Tree Island Announces First Quarter 2009 Results
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2009) - Tree Island Wire Income Fund (TSX:TIL.UN) will hold a conference call and webcast to discuss its first quarter 2009 financial results on Tuesday, May 19, 2009 at 8:00 am Pacific Time (11:00 am Eastern). The call can be accessed by dialing: 1-800-766-6630 or 416-641-6117. A replay will be available through June 3, 2009 at: 1-800-408-3053 ... (Sat, 16 May 2009 01:50:22 GMT)
Don't Refinance More Than You Can Handle
Q: With mortgage rates at record lows, I'm thinking of refinancing my 30-year, fixed-rate loan. The lender is recommending that I roll into the refi amount the balances I owe on my car and two credit cards. The advantages would be that they would be paid off, the interest rate would be lower than I'm paying on them and the interest would be tax-deductible. (Sat, 16 May 2009 01:22:27 GMT)
GM to drop one in six dealers in the U.S.
The move could spark a political backlash as thousands of sales staff are laid off in communities across the country. More than 13,000 jobs at Canadian dealers are also at risk (Sat, 16 May 2009 00:48:00 GMT)
GM Starts Notifying 1,100 U.S. Dealers to Be Closed (Update4)
May 15 (Bloomberg) -- General Motors Corp. , facing a probable bankruptcy filing by June 1, is telling 1,100 “underperforming” U.S. dealers they will be terminated as the automaker starts shrinking its retail network. (Fri, 15 May 2009 22:21:46 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Fri, 15 May 2009 06:19:54 GMT)
Lawyer Sees First Amendment Problem In Financial Woes
Wrote FCC warning of what he says is a 'First Amendment Perfect... (Fri, 15 May 2009 00:06:23 GMT)
U.S. Stocks Advance as Libor, CA Earnings Temper Jobless Claims
May 14 (Bloomberg) -- U.S. stocks advanced, snapping a three-day losing streak for the Standard & Poor’s 500 Index, as a decrease in bank borrowing costs and better-than-estimated earnings at CA Inc. overshadowed jump in jobless claims. (Thu, 14 May 2009 21:21:55 GMT)
Chrysler to terminate U.S. dealers, Ford on track
Chrysler LLC notified all U.S. dealers on Thursday about its plans to eliminate 25 percent of its retail showrooms while rival Ford Motor Co assured investors it is on track to at least break even in 2011 without seeking any U.S. government aid. (Thu, 14 May 2009 19:52:18 GMT)
Organize Debt Consolidation Quickly and Easily
(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt. (Thu, 14 May 2009 19:16:40 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Thu, 14 May 2009 18:46:35 GMT)
Card companies help those buried in debt
GENESEE COUNTY, Michigan -- Maybe you've lost your job or have taken a big pay cut. And those credit card bills that were once manageable have become a big headache. Or you're late on payments or missing them altogether... (Thu, 14 May 2009 14:34:26 GMT)
Retire student loan before retiring
Dear Debt Adviser, I am 56 years old and have about $80,000 in student loans from my master's degree, which I completed about eight years ago. The monthly payments are a huge pain now but will be impossible when I stop working. Is there any way to get the balance forgiven by being a senior citizen? (Thu, 14 May 2009 11:43:26 GMT)
Retire student loan before you retire
School debt is forgiven in only some instances, so it's best to plan on repaying it instead. (Thu, 14 May 2009 10:00:00 GMT)
District considers debt prepayment
With lawsuit payouts lower than anticipated, the San Mateo Union High School District will consider prepaying $7.5 million toward an $80 million consolidation loan it took out in 2007. (Thu, 14 May 2009 07:34:46 GMT)
Simple Steps to Achieve a Better Credit Score
(ARA) - You have plans for your family and future . . . maybe a new house, or a new car to replace the worn-out model you've been driving since your college days. Perhaps you're looking way into the future to when your children are heading off to college, creating a need for loans and financing? (Thu, 14 May 2009 06:41:55 GMT)
