Debt Consolidation News Jan 2009
Previous 1 2
More Canadians refinancing mortgages to pay off other debts
VANCOUVER, B.C. - Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to loosen lending conditions and encourage spending on housing. (Wed, 28 Jan 2009 22:05:00 GMT)
O-I Reports Strong Earnings and Debt Reduction for 2008
Owens-Illinois, Inc. today reported financial results for the fourth quarter and full year ending December 31, 2008. (Wed, 28 Jan 2009 22:30:00 GMT)
Low rates bright spot in dark economy
Not all financial news is bad news. Low mortgage rates are a bright spot in the otherwise bleak economy, and experts say now is the time to pounce on low rates for certain individuals. (Thu, 29 Jan 2009 00:56:25 GMT)
Debt-laden consumers fall for siren call of more loans
A surge in calls to debt advice charities is fuelling concern that thousands of families will be encouraged to take on more debt as a way through the recession. The Consumer Credit Counselling Service said it was experiencing record levels of calls since it reopened after the Christmas break from families and older people who were finding a combination of rising fuel bills and ... (Thu, 29 Jan 2009 06:57:45 GMT)
Make good choices in this brutal economy
Terry Savage: The Savage Truth on Money Never Changes! When I started writing my weekly Chicago Sun-Times column exactly 20 years ago this month, my goal was to explain the basics of money management -- the things we weren't being taught in school. Those principles evolved into four books, all with the same message, the same Savage Truths about money. (Thu, 29 Jan 2009 10:06:36 GMT)
Canadians refinancing mortgages to pay off debts
Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to loosen lending conditions and encourage spending on housing. (Thu, 29 Jan 2009 12:05:33 GMT)
Ford Reports 4th Quarter 2008 Net Loss of $5.9 Billion; Gained Market Share in U.S., Europe, Achieved Cost Target +
DEARBORN, Mich., Jan. 29, 2009; Ford Motor Company today reported a fourth quarter net loss of $5.9 billion, or $2.46 per share. This compares with a net loss of $2.8 billion, or $1.33 per share, in the fourth quarter of 2007. (Thu, 29 Jan 2009 14:15:53 GMT)
Save and spend
About three years ago (when North Americans were still living high on the hog, buying SUVs with reckless abandon, and the word recession was gathering dust) sketch comedy mainstay Saturday Night Live aired a mock commercial for a book on how to deal with debt. (Thu, 29 Jan 2009 15:24:04 GMT)
Canadians refinancing mortgages to pay off debts
Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa moves to loosen lending conditions and encourage spending on housing. (Thu, 29 Jan 2009 17:04:08 GMT)
Russian Metals Companies Owe $10 Billion to VTB (Update1)
Jan. 29 (Bloomberg) -- OAO Mechel , Magnitogorsk Iron & Steel and other Russian metals companies have borrowed about $10 billion from state-controlled bank VTB Group , said Alexei Kostin , the lender’s chief executive officer. (Thu, 29 Jan 2009 19:19:49 GMT)
More Canadians refinancing mortgages to pay off other debts
VANCOUVER — Record low interest rates are spurring more Canadians to refinance mortgages to consolidate debt, a trend that is expected to grow as Ottawa [...] (Thu, 29 Jan 2009 21:20:42 GMT)
VTB Could Issue Shares for Bailout
30 January 2009 VTB, Russia's second-largest bank, may issue preference shares later this year as part of a 200 billion ruble ($5.9 billion) state recapitalization, VTB chief executive Andrei Kostin said Thursday. (Thu, 29 Jan 2009 21:52:23 GMT)
PRESS RELEASE: Wärtsilä's Financial Statements Bulletin 2008
Wärtsilä Corporation FINANCIAL STATEMENTS RELEASE 30 January 2009 at 8.30 local time NET SALES GREW 23%, PROFITABILITY IMPROVED TO 11.4% FOURTH QUARTER OCTOBER-DECEMBER 2008 HIGHLIGHTS - Order intake fell 48% to EUR 823 million (1,594) - Net sales grew 20% to EUR 1,530 million (1,272) - Operating result (EBIT) grew 34% to EUR 197 million, or 12.9% of net sales (EUR 147 million and 11.5%) - ... (Fri, 30 Jan 2009 07:03:29 GMT)
Nigeria: Failed Banks - Litigations Stall Payment to 953,000 Depositors
Abuja — Litigations by aggrieved persons and institutions have been cited as the reason the Central Bank of Nigeria (CBN) is yet to pay 935,000 depositors of failed banks.. (Fri, 30 Jan 2009 10:13:44 GMT)
Vekselberg Says Rusal May Sell Shares to Refinance (Update2)
Jan. 30 (Bloomberg) -- United Co. Rusal may sell shares in a private placement as it seeks to refinance about $16.3 billion of debt, billionaire shareholder and company Chairman Viktor Vekselberg said. (Fri, 30 Jan 2009 14:19:42 GMT)
Vekselberg Says Rusal May Sell Shares to Refinance (Update2)
Jan. 30 (Bloomberg) -- United Co. Rusal may sell shares in a private placement as it seeks to refinance about $16.3 billion of debt, billionaire shareholder and company Chairman Viktor Vekselberg said. (Fri, 30 Jan 2009 14:55:04 GMT)
Middleburg Financial Corporation Announces Fourth Quarter Earnings and 2008 Earnings
Middleburg Financial Corporation , , parent company of Middleburg Bank , today reported its financial results for the fourth quarter of 2008 and the year ended 2008. (Sat, 31 Jan 2009 02:33:00 GMT)
Previous 1 2
