Debt Consolidation News Feb 2006
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Advertisement text: credit card, device used to obtain consumer credit at the time of purchasing an article or service. Credit cards may be issued by a business, such as a department store or an oil company, to make it easier for consumers to buy their products. (Wed, 01 Feb 2006 06:24:33 GMT)
The 25 Most Influential Executives, 2004
JANUARY 17, 2005 -- Business travel executives faced a new set of decisions last year, while U.S. government officials resolved some long-standing issues. (Wed, 01 Feb 2006 06:50:02 GMT)
Color of Money Live
Washington Post personal finance columnist Michelle Singletary was online for a free-for-all discussion on money matters. (Wed, 01 Feb 2006 18:41:12 GMT)
O-I Reports Fourth Quarter and Full Year Results: Strong Fourth Quarter and Full Year Cash Flow Enable Continued Debt
Owens-Illinois, Inc. today reported its fourth quarter and full year 2005 financial results. (Wed, 01 Feb 2006 22:24:00 GMT)
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YOUR # 1Source FOR GREAT LOANS NJ Licensed Mortgage Banker . Purchase Mortgages . Debt Consolidation . Home Improvements . Refinancing . Home Equity Loans . Construction Loans . (Thu, 02 Feb 2006 05:37:32 GMT)
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YOUR # 1Source FOR GREAT LOANS NJ Licensed Mortgage Banker . Purchase Mortgages . Debt Consolidation . Home Improvements . Refinancing . Home Equity Loans . Construction Loans . (Thu, 02 Feb 2006 08:14:41 GMT)
TXU Reports Substantially Improved Fourth Quarter and Full Year Results
TXU Corp. today reported consolidated results for the fourth quarter and full year ended December 31, 2005. (Thu, 02 Feb 2006 13:01:00 GMT)
H2O Innovation(2000) inc. signs agreements relating to its restructuring plan announced December 21, 2005
H2O Innovation inc. is pleased to announce that it has concluded agreements with some of its creditors for the restructuring of its long term debt totalling as of September 30, 2005 $ 2,802,562, including a $ 398,400 current portion. (Thu, 02 Feb 2006 17:03:00 GMT)
Results for Debt Consolidation
Debt Consolidation with Debt One Debt Consolidation with a twist - cut your bills in half and get out of debt in 36 months or less. No loan or homeownership required. Free instant online evaluation - phone, chat, e-mail. (Thu, 02 Feb 2006 18:57:39 GMT)
Results for Loans
Home Equity and Mortgage Loans - E-LOAN Online lender offers home equity loans , cash out refinancing, mortgages, and auto loans at low rates. Fill out a simple application. Approval in minutes. Search rates now. (Thu, 02 Feb 2006 18:58:00 GMT)
Waukesha Mayoral Primary Online Forum
The seven candidates for mayor of Waukesha gathered in the Journal Sentinel's Waukesha newsroom Thursday night... (Fri, 03 Feb 2006 05:52:46 GMT)
Neil Edwards: Dealing With Debt
It’s important to get professional advice on all legal and financial affairs, particularly if you’re considering ‘tying the knot’ with the new Civil Partnership Act. We asked financial expert Neil Edwards from Clerical Medical , specialists in pensions and investments, to answer some of your questions about all things financial! (Fri, 03 Feb 2006 17:52:19 GMT)
The 25 Most Influential Executives, 2004
JANUARY 17, 2005 -- Business travel executives faced a new set of decisions last year, while U.S. government officials resolved some long-standing issues. (Fri, 03 Feb 2006 20:51:05 GMT)
VIDEO/PHOTO AVAILABLE: Benchmark Mortgage is Sponsoring Robert Richardson Racing's #1 NASCAR Dodge Craftsman Truck
PRESS RELEASE ATTN: Editors And Writers --------------------------------------------------------------- VIDEO/PHOTO AVAILABLE: Benchmark Mortgage is Sponsoring Robert Richardson Racing's #1 NASCAR Dodge Craftsman Truck For Immediate Release DALLAS/EWORLDWIRE/Feb. 1, 2006 --- Benchmark Mortgage is proud to announce its title sponsorship of the Robert Richardson Racing Team’s NASCAR Championship #1 (Fri, 03 Feb 2006 21:04:57 GMT)
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MOHELA to sell $5 billion in loans
The loan authority won't have to lay off any of its 280 employees. (Sun, 05 Feb 2006 06:00:14 GMT)
New aid rules worry college parents, students
Danielle Wedde and her parents are worried the federal government just made it harder for Danielle to attend college. (Sun, 05 Feb 2006 06:26:39 GMT)
ProspectZone Launches New Loan Websites To Match Consumers With Lenders Nationwide
ProspectZone announces the launch of a new series of loan websites, including www.BestLenderFinder.com and www.RefinanceLane.com, designed to connect loan-shopping consumers with the ProspectZone network of lenders and brokers at mortgage.prospectzone.com. Instead of spending hours or days researching loans, prospective borrowers nationwide are now able to compare up to four competitive loan (Sun, 05 Feb 2006 08:07:37 GMT)
Cutting federal debt kicks up student debt: Congress cuts $12 billion for financial aid programs
Karen Waibel is determined to go to college next year. And she will work to make it happen. Taking out student loans is Waibel’s last resort. But despite working 25 hours a week at Fastenal, the Winona Senior High School student hasn’t been able to save much. (Sun, 05 Feb 2006 11:09:18 GMT)
ProspectZone Launches New Loan Websites To Match Consumers With Lenders Nationwide
CHICAGO, IL (PRWEB) February 5, 2006 -- ProspectZone Inc. today announced the launch of their network of consumer mortgage websites, including www.RefinanceLane.com and www.BestLenderFinder.com . The sites are designed to connect prospective borrowers nationwide with competitive quotes from local lenders participating in the ProspectZone network. (Sun, 05 Feb 2006 12:00:00 GMT)
Rising values mean less risk in equity loans
Some homeowners in Southwest Florida are house rich and loving it. The fast-rising value of homes improved the benefits and decreased the risks of home equity lines of credit and equity loans. (Mon, 06 Feb 2006 06:26:58 GMT)
Budget key to financial solvency
Q . I'm currently at a crossroads in my life. I have a full-time job that I'm not happy at and I feel like I don't have enough time to spend with my family. The problem is that I don't see a way out as I have a lot of debt that needs to be paid off. (Mon, 06 Feb 2006 09:13:48 GMT)
Interest on student loans going up 10:10 PM
A bill passed last week by Congress will continue a trend of making a college education more expensive, students and financial aid experts fear. (Mon, 06 Feb 2006 12:12:13 GMT)
College loans to become costlier
Student loan interest rates will increase to a fixed 6.8 percent in a bill the president says he will sign. (Mon, 06 Feb 2006 14:34:18 GMT)
Interest on student loans going up 10:10 PM
A bill passed last week by Congress will continue a trend of making a college education more expensive, students and financial aid experts fear. (Tue, 07 Feb 2006 01:28:33 GMT)
Debt irks lawmekers
Indonesia's foreign debt has many people seriously worried. Most fear the country may never be able to escape the debt trap it has fallen into, which they say prevents it from using its resources for promoting development and better public welfare. (Tue, 07 Feb 2006 04:08:54 GMT)
College loans to become costlier
Student loan interest rates will increase to a fixed 6.8 percent in a bill the president says he will sign. (Tue, 07 Feb 2006 05:35:08 GMT)
Fortis Achieves Record Earnings of $137.1 Million in 2005
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR-- - Fortis Inc.. "We have delivered record earnings for the sixth consecutive year while enhancing prospects for growth in the future," says Stan Marshall, President and Chief Executive Officer, Fortis Inc. (Tue, 07 Feb 2006 12:00:06 GMT)
James Boyce: Note To Dramatic Democrats. Please. Stop.
If there's one thing that people in the real world hate, it's the tit-for-tat, back and forth bullshit that inside-the-beltway geniuses place on the pedestal of "political dialogue." The rest of the world has a much simpler phrase for the practice: pure crap. The exchange on Anderson Cooper's show following the State of the Union last week between J.C. Watts and Rahm Emmanuel made the all-time (Tue, 07 Feb 2006 13:00:56 GMT)
GE Consumer Finance to Acquire Financial Services Business of Canada's Hudson's Bay Company
STAMFORD, Conn.----Feb. 7, 2006--GE Consumer Finance today announced that GE Money, the Canadian consumer lending unit of General Electric Company and Hudson's Bay Company , Canada's oldest company and largest department store retailer, have entered an acquisition agreement and 10-year alliance in which GE Money will purchase the private label credit card and related financial services assets of (Tue, 07 Feb 2006 14:21:00 GMT)
IMF Executive Board Concludes 2005 Article IV Consultation with Italy
On February 6, 2006, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Italy. 1 A consolidation of the cyclical recovery that began in mid-2005 is expected this year, with growth rising from close to zero last year to about 1½ percent in 2006. Net exports and investment should benefit from sustained demand in partner countries, while (Tue, 07 Feb 2006 19:39:43 GMT)
Japan’s ‘killer condo’ scandal widens
Japan’s “killer condo” scandal escalated on Wednesday when it emerged a second architect had falsified earthquake safety data on at least three apartment buildings in a southern city. (Wed, 08 Feb 2006 11:18:13 GMT)
The DIRECTV Group Announces 2005 Results
EL SEGUNDO, Calif.----Feb. 8, 2006--The DIRECTV Group, Inc. : DIRECTV U.S. Reports Strong Financial Results: Generated Over $3.4 Billion in Revenues in the Fourth Quarter, Bringing Full Year Revenues to $12.2 Billion, or 25% Greater than the Prior Year Operating Profit before Depreciation and Amortization Increased to $442 Million, Leading to Full Year Results of over $1.5 Billion, or Nearly 3 (Wed, 08 Feb 2006 13:00:00 GMT)
Budget Reconciliation Act to impact student loans
(KAAL) -- A bill that cuts $40-billion out of the federal budget during the next five years is expected to be signed by the President soon. The cuts would hit many areas, but the largest is a more than 12 billion dollar reduction to federal student loan programs. (Wed, 08 Feb 2006 16:58:37 GMT)
Parents With PLUS Loans to be Hit Hard With Pending Student Loan Rate Increases
TAMPA, Fla.----Feb. 8, 2006--Following up on the huge increase in Student Loan Interest rates that went into effect in July, 2005, Congress has approved a similar double-digit rate increase that is coming down the pike on July 1, 2006. (Wed, 08 Feb 2006 18:03:00 GMT)
Ferrovial Mulls BAA Offer In Expansion Bid
MADRID (Dow Jones)--Spain's Grupo Ferrovial SA (FER.MC) said Wednesday that it is considering making an offer for U.K.-based airport operator BAA PLC (BAA.LN), as the construction and services giant expands abroad in an effort to diversify its business mix. (Thu, 09 Feb 2006 06:45:00 GMT)
Ferrovial Mulls BAA Offer In Expansion Bid
Ferrovial Mulls BAA Offer In Expansion Bid (This story was originally published Wednesday) By Santiago Perez and Rod Stone Of DOW JONES NEWSWIRES MADRID (Dow Jones)--Spain's Grupo Ferrovial SA (FER.MC) said Wednesday that it is considering making an offer for U.K.-based airport operator BAA PLC (BAA.LN), as the construction and services giant expands abroad in an effort to diversify its business (Thu, 09 Feb 2006 06:45:00 GMT)
Mortgage rates rise, cash-out refis gain appeal
The 30-year fixed mortgage rate rose to 6.32 percent this week, spooking holders of adjustable loans, who want to lock down a fixed rate and get some cash to boot. (Thu, 09 Feb 2006 11:00:00 GMT)
Consolidate Student Loans Now
Although still historically low, interest rates on these loans rise on July 1. (Thu, 09 Feb 2006 11:50:05 GMT)
RATES CLIMB:
Homeowners have become connoisseurs of the cash-out refi. Devotees of debt consolidation. Experts at equity management. (Thu, 09 Feb 2006 12:30:29 GMT)
First home buyers keen to get on ladder
First home buyers are keener than ever to get onto the housing ladder, spurred on by stable house prices and a steady interest rate environment. (Fri, 10 Feb 2006 06:57:55 GMT)
First Financial Bancorp Reports Fourth-Quarter 2005 Earnings and Updates Strategic Plan
First Financial Bancorp president and chief executive officer, Claude E. Davis, today announced fourth-quarter 2005 earnings of $2,834,000 or 7 cents in diluted earnings per share, compared to $10,009,000 or 23 cents in diluted earnings per share for the same period in 2004. (Fri, 10 Feb 2006 14:17:00 GMT)
Peso rises to 40-month high on S&P rating upgrade
The peso closed at a 40-month high against the US dollar yesterday on improved market sentiment spurred by Standard & Poor’s revising its negative outlook on the country’s credit rating, traders said. (Fri, 10 Feb 2006 16:37:42 GMT)
BP p.l.c. Group Results 4th Quarter and Full Year 2005
Innovene operations have been treated as discontinued operations and presented accordingly within this document. (Sat, 11 Feb 2006 02:49:41 GMT)
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BURRELL,Jonathan February 10, 1992 We do not forget him, we love him too dearly For his memory to fade From our lives like a dream; Our lips need not speak when our Hearts mourn sincerely, For grief often dwells where it Seldom is seen. (Sat, 11 Feb 2006 05:14:32 GMT)
Drowning in debt
A New Year’s hangover is how one national consumer columnist describes America’s addiction to credit card debt. This hangover isn’t caused by too much partying. It comes when consumers realize they are drowning in a sea of credit card debt. (Sun, 12 Feb 2006 06:36:03 GMT)
Drowning in debt
A New Year’s hangover is how one national consumer columnist describes America’s addiction to credit card debt. This hangover isn’t caused by too much partying. It comes when consumers realize they are drowning in a sea of credit card debt. (Sun, 12 Feb 2006 06:39:51 GMT)
Money for college set to become more expensive starting July 1
Starting July 1, the interest rate on government-guaranteed college loans is going up for both students and parents. But some parents could pay more than others, depending on where their child attends college, unless Congress fixes an apparent drafting error... (Sun, 12 Feb 2006 11:35:49 GMT)
The bottom line on student loans
Feb. 12 (UNION-TRIBUNE): Student loans have been a pretty good deal for college students and their parents in recent years – and an especially good business over the past decade for a group of upstart private lenders that specialize in higher education. (Sun, 12 Feb 2006 15:40:39 GMT)
Kerzner Announces Fourth Quarter Results
PARADISE ISLAND, Bahamas----Feb. 13, 2006--Kerzner International Limited : 2005 FOURTH QUARTER DILUTED EPS OF $0.19 COMPARED TO $0.23 ACHIEVED LAST YEAR 2005 FULL YEAR DILUTED EPS OF $1.34 COMPARED TO $2.01 ACHIEVED LAST YEAR 2005 FOURTH QUARTER ADJUSTED EPS OF $0.35 COMPARED TO $0.26 ACHIEVED LAST YEAR 2005 FULL YEAR ADJUSTED EPS OF $2.92 COMPARED TO $2.47 ACHIEVED LAST YEAR KERZNER REPORTS (Mon, 13 Feb 2006 11:00:00 GMT)
Gilat Announces Fourth Quarter and Year-end 2005 Results
PETAH TIKVA, Israel----Feb. 13, 2006--Gilat Satellite Networks Ltd. , a worldwide leader in satellite networking technology, solutions and services today reported its results for the fourth quarter and full year ending December 31, 2005. (Mon, 13 Feb 2006 12:53:00 GMT)
Kerzner Announces Fourth Quarter Results
Kerzner International Limited (NYSE: KZL) (the "Company"), through its subsidiaries a leading international developer and operator of destination resorts, casinos and luxury hotels, today reported results for the fourth quarter of 2005. The Company reported net income in the quarter of $7.1 million, compared to net income of $8.4 million in the same period last year, resulting in diluted net (Mon, 13 Feb 2006 13:19:34 GMT)
Post-Consolidation Banking: Can CBN Enforce the Rules?
THE Central Bank of Nigeria, CBN, early in the year rolled out what it termed the new corporate governance for banks operating in the country. (Mon, 13 Feb 2006 19:25:07 GMT)
Personal borrowing picks up
Australia's personal borrowing is continuing to pick up while the business sector seems to be putting on the brakes, new finance figures show. - (Tue, 14 Feb 2006 05:43:05 GMT)
Aussies tackle debt levels
Australians are continuing to wind back their debt levels as business conditions show signs of deterioration which is likely to guarantee interest rates stay on hold for the months ahead. (Tue, 14 Feb 2006 06:53:36 GMT)
Sallie Mae services about 9 million borrowers
Sallie Mae is one of the nation's largest student loan companies, servicing about 9 million borrowers. Sallie Mae is headquartered in Reston, Va., and has 25 offices in 18 states, focusing on loans, consumer credit and debt management. (Tue, 14 Feb 2006 08:37:56 GMT)
Sallie Mae chooses Muncie for new center
Student loan provider Sallie Mae plans to open a center in Muncie that would create an estimated 700 jobs over three years, officials said yesterday. "Today's job announcement is the largest here in 20 years and means that our high school and college graduates can choose a career with a Fortune 500 company right here in Muncie," Mayor Dan Canan said. (Tue, 14 Feb 2006 10:54:26 GMT)
Consumer debt crusade to keep rates down
AUSTRALIANS are continuing to wind back their debt levels as business conditions show signs of deterioration, which is likely to guarantee interest rates stay on hold for the months ahead. (Tue, 14 Feb 2006 13:16:26 GMT)
Debt University Recognizes America's Ongoing Debt Struggle and Aids in Debt Help and Financial Assistance
In an effort to help the growing debt distressed population in the United States of America, Debt University has just launched a powerful new website, http://www.DebtU.com/ built to provide resources and tips on debt consolidation, debt management and reviews of financial services. (Tue, 14 Feb 2006 14:00:00 GMT)
P66-B debt swapped with 3-yr bonds
The Bureau of Treasury yesterday swapped P66.1-billion worth of debt with three-year benchmark bonds, the largest in the history of Philippine bonds, officials said. (Tue, 14 Feb 2006 16:37:25 GMT)
Consumer debt crusade to keep rates down
AUSTRALIANS are continuing to wind back their debt levels as business conditions show signs of deterioration, which is likely to guarantee interest rates stay on hold for the months ahead. (Tue, 14 Feb 2006 19:15:36 GMT)
Mittal Steel Company N.V. Reports Fourth Quarter and Full Year 2005 Results
ROTTERDAM, Netherlands, February 15 /PRNewswire-FirstCall/ -- Mittal Steel Company N.V. ( Nachrichten ) ("Mittal Steel" or "the Company"), the world's largest and most global steel company, today announced results for the three months and year ended December 31, 2005. (Wed, 15 Feb 2006 07:39:06 GMT)
Swedish Match: Report on Operations Full Year 2005 - Prepared in Accordance With IFRS
STOCKHOLM, Sweden----Feb. 15, 2006--Swedish Match : Fourth quarter net sales were 3,500 MSEK , and full year sales were 13,311 MSEK Fourth quarter operating income was 678 MSEK and full year operating income was 2,825 MSEK Operating income for the full year, excluding major one-time items, was 2,618 MSEK Net profit for the fourth quarter was 456 MSEK , and for the full year was 1,777 MSEK Fourth (Wed, 15 Feb 2006 10:34:00 GMT)
Sallie Mae Announces Officer Promotions
Keith D'Ambra is being promoted to senior vice president, loan consolidation. D'Ambra's areas of responsibility include loan consolidation marketing and the loan consolidation call center. (Wed, 15 Feb 2006 16:09:36 GMT)
Student loans 101
When Dustin Newcombe graduated from Pennsylvania State University at the end of 2002, he got in his car and drove cross country to Hollywood with little in his trunk but a suitcase and a draft of what he still hopes will be his first hit screenplay. (Wed, 15 Feb 2006 18:58:19 GMT)
Local Company Provides Cash Solutions for Commercial Property Owners
fast! By using a simplified 3-step applicationprocess similar to a residential mortgage, loans generally close withinfour to six weeks of the initial loan application. They lend up to $1million and finance most commercial property types. 'We have solved theself-employed borrower dilemma with stated income/stated asset underwritingfor commercial loans,' said Shane Martin, partner of Martin & (Wed, 15 Feb 2006 22:54:13 GMT)
DEBT SUICIDES
BRITAIN is a nation in debt, and it's killing us. Last week Ian Beech, a father of two, apparently committed suicide after the Halifax won a court order to evict his family and repossess their home. (Thu, 16 Feb 2006 08:42:47 GMT)
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YOUR # 1Source FOR GREAT LOANS NJ Licensed Mortgage Banker . Purchase Mortgages . Debt Consolidation . Home Improvements . Refinancing . Home Equity Loans . Construction Loans . (Thu, 16 Feb 2006 23:37:12 GMT)
How major issues fared in Louisiana's special legislative session
Gov. Kathleen Blanco's proposal to merge southeastern Louisiana's levee boards into one oversight authority was altered to address concerns raised by suburban New Orleans lawmakers, who argued the east and west banks of the Mississippi River required separate boards because they were in separate flood plains. (Sat, 18 Feb 2006 00:26:31 GMT)
Rising rates force banks to be creative
With interest rates up, home prices slowing and dropping sales for single-family homes, Rhode Island banks and mortgage companies are being forced to get creative as they attempt to keep the home-loan marketplace going. (Sat, 18 Feb 2006 05:14:28 GMT)
TheLocalBBB warns: Never pay for a grant
Nobody "wins" a grant. Hundreds -- and in some cases, thousands -- of dollars are being bilked from regional consumers and businesses thinking they have won a government grant or small-business loan. (Sat, 18 Feb 2006 07:32:37 GMT)
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VELICHKOVICH, Patricia Peacefully after a long courageous fight, at Sunnybrook Palliative Care Centre, Toronto on Saturday, Febru-ary 4, 2006, holding the hand of her beloved husband Ronald Moulds, Patricia Diane Velichkovich, Caledon East. Remembered with affection by her many friends. (Sat, 18 Feb 2006 22:59:22 GMT)
SES Delivers Growth, Creating Shareholder Value
BETZDORF, Luxembourg----Feb. 20, 2006--SES GLOBAL: (Mon, 20 Feb 2006 06:15:00 GMT)
SES Delivers Growth, Creating Shareholder Value; Consolidated Financial Results for the Year to 31 December 2005
SES GLOBAL: HIGHLIGHTS (Mon, 20 Feb 2006 10:31:03 GMT)
GE Money's JV SBI Card Makes Historic Tracks With Indian Railways Through its Subsidiary IRCTC
BANGKOK, Thailand----Feb. 20, 2006--GE Money announced today that it has formed a strategic alliance with IRCTC through SBI Card, its joint venture with State Bank of India . (Mon, 20 Feb 2006 10:32:00 GMT)
REG-Schroders PLC Final Results
RNS Number:6908Y Schroders PLC 21 February 2006 Schroders plc Preliminary Results to 31 December 2005 (unaudited) Schroders plc today announces its preliminary results to 31 December 2005 prepared under International Financial Reporting Standards (IFRS). Results for comparative periods have been restated from UK GAAP to IFRS. Further growth in profits Asset Management profit increased 60 per (Tue, 21 Feb 2006 07:45:44 GMT)
The Four Flavors of Healthy Debt
Give Your Spending Habits a Checkup to Achieve Financial Fitness. [PRWEB Feb 21, 2006] (Tue, 21 Feb 2006 08:26:12 GMT)
LowerMyBills.com President and Founder Named Finalist for Entrepreneur of the Year Award
LowerMyBills.com®, an Experian company, today announced that Matt Coffin, president and founder of LowerMyBills.com, has been selected by the Software Council of Southern California as a finalist in the "Entrepreneur of the Year" category of the 2006 Software Industry Awards. (Tue, 21 Feb 2006 11:00:00 GMT)
E.ON Offers to Buy Spain's Endesa, Tops Gas Natural (Update5)
Feb. 21 (Bloomberg) -- E.ON AG, Germany's largest utility, offered 29.1 billion euros ($34.7 billion) for Spain's Endesa SA, topping a hostile bid from Gas Natural SDG SA in the biggest ever bid for a power company. (Tue, 21 Feb 2006 13:07:02 GMT)
E.ON Offers to Buy Spain's Endesa, Tops Gas Natural (Update7)
Feb. 21 (Bloomberg) -- E.ON AG, Germany's largest utility, offered 29.1 billion euros ($34.7 billion) for Spain's Endesa SA, topping a hostile approach from Gas Natural SDG SA in the biggest ever bid for a power company. (Tue, 21 Feb 2006 15:06:16 GMT)
IMF Executive Board Concludes 2005 Article IV Consultation with India
On February 6, 2006, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with India. 1 India's growth has remained robust in 2005/06 following a strong performance last year. (Tue, 21 Feb 2006 15:10:02 GMT)
E.ON Offers to Buy Spain's Endesa, Tops Gas Natural (Update9)
Feb. 21 (Bloomberg) -- E.ON AG, Europe's second-largest utility, offered 29.1 billion euros ($34.7 billion) for Spain's Endesa SA, topping a hostile approach from Gas Natural SDG SA in the biggest ever bid for a power company. (Tue, 21 Feb 2006 19:37:02 GMT)
Loan debt increases for graduating students
More Purdue students are taking out college loans and graduating thousands of dollars in debt than ever before, said one University official. Marvin Smith, associate director of financial aid, said 78 percent of students receive financial aid and 41 percent of that amount is loan money. (Wed, 22 Feb 2006 04:27:18 GMT)
China banks must improve quality of new loans -S&P
BEIJING, Feb 22 (Reuters) - China's banks have improved rapidly after recent reforms, but further progress and a ratings upgrade hinge on controlling the quality of new loans, Standard & Poor's said on Wednesday. (Wed, 22 Feb 2006 06:38:48 GMT)
Wescast Reports Fourth Quarter Results
BRANTFORD, Ontario----Feb. 22, 2006--Wescast Industries Inc. today reported 2005 fourth quarter sales of $87.8 million and a net loss for the quarter of $20.5 million. Included in the net loss was an $18.5 million, after-tax, non cash charge to reflect the impairment of the assets associated with the Company's Brantford, Ontario foundry, which is scheduled to close in 2006. (Wed, 22 Feb 2006 14:00:00 GMT)
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YOUR # 1Source FOR GREAT LOANS NJ Licensed Mortgage Banker . Purchase Mortgages . Debt Consolidation . Home Improvements . Refinancing . Home Equity Loans . Construction Loans . (Wed, 22 Feb 2006 23:44:51 GMT)
Student Loan Interest Rates Jump on July 1st
Interest rate hikes on student loans will take effect on July 1, 2006 as a result of the Deficit Reduction Act of 2005. So, now is the time to assess your student loan portfolio and consider strategies, such as student loan consolidation. [PRWEB Feb 23, 2006] (Thu, 23 Feb 2006 08:35:05 GMT)
Record bank profits helping fuel utility consolidation
Borrowing costs for European and U.S. utilities are at their lowest level this year, helping companies like E.ON, which aim to pay for acquisitions using debt. (Thu, 23 Feb 2006 09:06:28 GMT)
Canadian Natural Resources Limited Announces Record Quarterly Production, Earnings and Cash Flow
CALGARY, Alberta----Feb. 23, 2006--Canadian Natural Resources Limited : (Thu, 23 Feb 2006 10:00:00 GMT)
TD Bank Financial Group Delivers Very Strong First Quarter 2006 Results, Raises Dividend
Reported diluted earnings per share were $3.20, up 237% from $.95. (Thu, 23 Feb 2006 12:30:00 GMT)
Banks urged to aid farmers affected by blazes
Commercial banks have been called on to assist Western Cape farmers who lost about 46 000 hectares of open grassland during recent fires in the province (Thu, 23 Feb 2006 14:30:50 GMT)
Shire plc: Strong 2005 Performance Supports Positive Outlook
Shire plc announces results for the twelve months to December 31, 2005 - a year in which significant milestones were met, providing clear future development opportunities. (Thu, 23 Feb 2006 14:49:00 GMT)
College students suffocate under tens of thousands in loans
WASHINGTON (USA Today) - Tom Dillon, 19, a pre-pharmacy major at the University of Connecticut, is carrying $52,000 in student loans. And he's just getting started. When he gets his pharmacy doctorate in four years, he expects his debt to exceed $150,000. Dillon's been drawn to pharmacy since age 5, when he found out he had epilepsy. (Thu, 23 Feb 2006 16:24:54 GMT)
Stantec Marks 52nd Consecutive Year of Profitability With a 34% Increase in Net Income for 2005
Stantec Inc. (TSX:STN)(NYSE:SXC): - In 2005, Stantec generated gross revenue of C$618.0 million, an 18.6% increase from C$520.9 million last year. Net income increased 34.6% to C$40.6 million from C$30.2 million. (Thu, 23 Feb 2006 18:47:10 GMT)
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Advertisement text: credit card, device used to obtain consumer credit at the time of purchasing an article or service. Credit cards may be issued by a business, such as a department store or an oil company, to make it easier for consumers to buy their products. (Fri, 24 Feb 2006 09:24:43 GMT)
GREECE: Mytilineos Group 2005 Profits Skyrocket
Mytilineos Group showed a high increase in net profit and turnover for the period 2005 in its financial statements according to IFRS, which include the Aluminum of Greece S.A. with the method of full consolidation and the Hellenic Vehicle Industry S.A. ELVO with the method of net worth. (Fri, 24 Feb 2006 13:38:44 GMT)
/FIRST AND FINAL ADD - TO025 - Fairmont Hotels & Resorts Inc./
Fairmont Hotels ( Nachrichten )&Resorts Inc. (Fri, 24 Feb 2006 14:11:11 GMT)
WB multiplies sanctions against corrupt countries
PARIS: World Bank President Paul Wolfowitz has decided to suspend several loans and block debt forgiveness to Congo-Brazzaville, an internet report, quoting La Tribune of France, said. Kleptocrats better watch out, the daily warns. (Fri, 24 Feb 2006 17:55:45 GMT)
IRS Warns of Phony E-Mails
It's "phishing" season for scammers who look to defraud taxpayers out of their electronic returns. (Sat, 25 Feb 2006 03:26:45 GMT)
'Phishing' Season For Tax Scammers
Marketing pitches masquerading as the 1099 forms detailing non-payroll income have been arriving in taxpayer mailboxes, while e-mails that appear to be from the Internal Revenue Service are really identity theft scams designed to collect personal financial information. (Sat, 25 Feb 2006 13:37:34 GMT)
Credit card debt a problem for Americans
(KIRKSVILLE ) A new federal report says that 76.4 percent of all American households carry some sort of debt. 46.2 percent of households have some credit card debt. (Sat, 25 Feb 2006 14:30:45 GMT)
Our mutual friend
WHILE the big battalions of the savings industry get ever bigger, it is tempting to believe that the so-called minnows are likely to get shot to pieces. Consolidation, rationalisation and domination leave little hope that the home-grown smaller player can survive the crossfire. (Sun, 26 Feb 2006 01:11:53 GMT)
Career & Education
STUDENT loans have been a pretty good deal for college students and their parents in recent years - and an especially good business over the past decade for a group of upstart private lenders in the United Sates that specialise in higher education. But now the ground is shifting. (Sun, 26 Feb 2006 14:45:31 GMT)
IRS warns public of scams
WASHINGTON — Marketing pitches masquerading as the 1099 forms detailing non-payroll income have been arriving in taxpayer mailboxes, while e-mails that appear to be from the Internal Revenue Service are really identity theft scams designed to collect personal financial information. (Mon, 27 Feb 2006 10:34:15 GMT)
A closer look at student loans
The new law impacts various student loan programs. Here's what students should do. (Tue, 28 Feb 2006 11:00:00 GMT)
Text of finance minister's budget speech
New Delhi: Following is the text of Finance Minister P. Chidambaram's budget speech in parliament Tuesday. 1. Mr. Speaker, Sir, it is my privilege to present the Budget for the year 2006-07. (Tue, 28 Feb 2006 11:26:43 GMT)
/FIRST ADD -- LNTU003A -- United Business Media plc earnings/
During 2005, the group implemented a number of restructuring and reorganisation projects. (Tue, 28 Feb 2006 12:11:05 GMT)
Preliminary Results for the Year Ended 31 December 2005
"In 2005 we have achieved strong financial results, and have made substantial progress in reshaping UBM for the future. (Tue, 28 Feb 2006 12:11:20 GMT)
'Sweetened pills' for banking sector
The budget has offered 'sweetened pills' to the banking sector. While on the one hand, inclusion of long term FDs under tax exemptions and conversion of non-tradable GSecs into tradable SLRs provides greater liquidity to the sector (Tue, 28 Feb 2006 12:13:06 GMT)
Finance Minister P Chidambaram's Budget speech
Chidambaram's Budget speech. (Tue, 28 Feb 2006 14:13:11 GMT)
IRS warning consumers of latest tax filing scams
WASHINGTON - Marketing pitches masquerading as the 1099 forms detailing non-payroll income have been arriving in taxpayer mailboxes, while e-mails that appear to be from the Internal Revenue Service are really identity theft scams designed to collect personal financial information. (Tue, 28 Feb 2006 14:13:12 GMT)
To 7-year benchmark bonds
The Bureau of Treasury swapped P45 billion worth of debt for five and seven-year benchmark bonds. (Tue, 28 Feb 2006 16:45:21 GMT)
India's No-Nonsense Budget Deserves Top Marks: Andy Mukherjee
March 1 (Bloomberg) -- Indian Finance Minister P. Chidambaram deserves applause for using the opportunity provided by rapid economic growth to put rickety government finances on a more stable footing. (Tue, 28 Feb 2006 20:14:43 GMT)
