Debt Consolidation News Oct 2009
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Irish economists see Lisbon Treaty sailing through - poll
Ireland will easily pass the Lisbon Treaty in a referendum this week, economists polled by Reuters unanimously predicted on Thursday, warning that rejection of the EU charter would hike borrowing costs. (Thu, 01 Oct 2009 12:26:00 GMT)
Transcript of the Global Financial Stability Report Press Conference with Jose Viñals, Financial Counsellor and ...
MR. MURRAY: Good day. I am William Murray, Chief of Media Relations at the IMF. This is the Financial Stability Report press conference. We are live, and on the record. (Thu, 01 Oct 2009 16:09:35 GMT)
11 proposed constitutional amendments on the Nov. 3 ballot
A look at each amendment on the ballot, arguments for and against it, and the exact wording that you'll see in the voting booth. (Thu, 01 Oct 2009 21:52:03 GMT)
MEETING: IRG: Notice Of Annual Meeting Of Shareholders
REL: 1342 HRS Investment Research Group Ltd. (Fri, 02 Oct 2009 00:52:26 GMT)
Glossary of Terms
Acidic precipitation - Snow and rain that have a low pH, caused by sulphur dioxide and nitric oxide gases from industrial activity released into the atmosphere. (Fri, 02 Oct 2009 21:58:54 GMT)
Options for Managing Law School Student Loan Debt
The average law student who graduated from a private university in 2008 borrowed more than $91,500 on the way to earning that degree, according to the nonprofit Equal Justice Works. Combine that with leftover undergraduate debt and the shrinking job market, and you've got a surefire recipe for financial fright. Law school grads may often come out of school with an extra-heavy debt, but like ... (Sat, 03 Oct 2009 02:30:21 GMT)
(AFX UK Focus) 2009-10-03 04:04 Glance-PRESS DIGEST - Financial Times - Oct 3
Financial Times (Sat, 03 Oct 2009 03:26:58 GMT)
Feds: Iowa Student Loan broke law
Iowa Student Loan Liquidity Corp. has been ordered to repay money to the federal government because the nonprofit used illegal cash inducements to drum up more loan business. (Sun, 04 Oct 2009 09:22:11 GMT)
Ireland’s Cowen Wins First of ‘Big Three’ With Lisbon Vote
Oct. 5 (Bloomberg) -- Irish Prime Minister Brian Cowen secured the first of three crucial victories by persuading voters to back the European Union’s Lisbon Treaty. Now, he has to fix the country’s banks and cut government spending. (Sun, 04 Oct 2009 23:26:45 GMT)
Ireland’s Cowen Wins First of ‘Big Three’ With Lisbon (Update2)
Oct. 5 (Bloomberg) -- Irish Prime Minister Brian Cowen secured the first of three crucial victories by persuading voters to back the European Union’s Lisbon Treaty. Now, he has to fix the country’s banks and cut government spending. (Mon, 05 Oct 2009 08:36:58 GMT)
Nigeria : Apex Mortgage House in N17 Billion Recapitalisation Bid
THE FEDERAL Mortgage Bank of Nigeria (FMBN) has concluded plans to raise additional N17 billion through the floating of bond to deliver homes to needy Nigerians. (Mon, 05 Oct 2009 11:18:50 GMT)
3DebtConsolidation.com Launches a Debt Consolidation Discussion Forum
PHOENIX, AZ--(Marketwire - 10/05/09) - In a time of economic recession, debt is a reigning factor in many of the financial troubles people are facing. 3DebtConsolidation.com provides an honest approach in debt consolidation services to all people suffering from all types of debt. Creating a proactive attitude, 3DebtConsolidation.com attempts to make debt management less complex, approachable and ... (Mon, 05 Oct 2009 21:04:00 GMT)
3DebtConsolidation.com Launches a Debt Consolidation Discussion Forum
PHOENIX, AZ--(Marketwire - October 5, 2009) - In a time of economic recession, debt is a reigning factor in many of the financial troubles people are facing. 3DebtConsolidation.com provides an honest approach in debt consolidation services to all people suffering from all types of debt. Creating a proactive attitude, 3DebtConsolidation.com attempts to make debt management less complex ... (Mon, 05 Oct 2009 21:45:12 GMT)
Territory completes debt transfer to Noble (AAP)
Struggling iron ore miner Territory Resources has executed an agreement with its financiers, hedge book facility provider and major shareholder Noble Resources for the transfer of the company's bank debt to Noble. (Mon, 05 Oct 2009 23:03:37 GMT)
Territory completes debt transfer to Noble (AAP)
Struggling iron ore miner Territory Resources has executed an agreement with its financiers, hedge book facility provider and major shareholder Noble Resources for the transfer of the company's bank debt to Noble. (Mon, 05 Oct 2009 23:03:37 GMT)
Territory transfers debt to Noble
Territory Resources has executed an agreement with its financiers, hedge book facility provider and major shareholder Noble Resources on its debt. (Tue, 06 Oct 2009 00:21:29 GMT)
Territory transfers debt to Noble
Territory Resources has executed an agreement with its financiers and Noble Resources on its debt. (Tue, 06 Oct 2009 00:22:45 GMT)
Territory transfers debt to Noble
TERRITORY Resources has finalised an agreement which will see its bank debt transfered to major shareholder Noble Resources. (Tue, 06 Oct 2009 01:13:00 GMT)
How to reduce your debts even in a tough economy
(ARA) - Does your monthly stack of bills leave you wondering where your bailout is? For many Americans, money is tight and spending has become more conservative, but this does not mean that you lack options when it comes to reducing your debt. (Tue, 06 Oct 2009 10:57:54 GMT)
Euro Aspirants Must ‘Stabilize’ Before Adoption, Sramko Says
Oct. 6 (Bloomberg) -- European Central Bank council member Ivan Sramko said the European Union’s eastern states should stabilize their economies before seeking to meet euro-adoption terms even at the expense of delaying the currency switch. (Tue, 06 Oct 2009 12:38:15 GMT)
The Global Finance Regime
Globalization has produced unprecedented levels of both economic growth and economic risk. Financial markets have become more open, which allows firms and governments to invest more freely. But as global finance grows bigger, it has also grown more complex. (Tue, 06 Oct 2009 20:31:25 GMT)
Number of deposit-taking NBFCs falls
Registered ones also decline. In a sign that consolidation in non-banking finance companies (NBFCs) is still on, the number registered with the Reserve Bank of India (RBI) declined from 12,968 in June 2007 to 12,809 a year later. (Wed, 07 Oct 2009 02:00:42 GMT)
10 retailers rising in the recession
Better-run companies are getting bigger as competitors fade. Once the economy recovers, they'll enjoy a competitive position that's improved over the past 2 years. (Wed, 07 Oct 2009 07:08:16 GMT)
PRESS RELEASE: Fitch: False Dawn for UK Housing Market
Fitch Ratings-London-07 October 2009: Fitch Ratings says today that it expects the recent gains in the main UK house price indices to be a temporary respite. The agency continues to expect that UK house prices will fall approximately 30% overall from the October 2007 peak. (Wed, 07 Oct 2009 09:33:43 GMT)
Prosper Experiences Influx of Creditworthy Borrowers
SAN FRANCISCO----Prosper.com, America’s largest peer-to-peer lending marketplace with over $180 million in loans originated, today released p2p lending statistics for September 2009. (Wed, 07 Oct 2009 14:00:00 GMT)
Trichet Faces ‘Trap’ as ECB Prods Leaders on Deficit Vigilance
Oct. 8 (Bloomberg) -- Jean-Claude Trichet needs governments to walk through the emergency exit first if he’s going to be able to keep nurturing Europe’s recovery with record low interest rates and cash injections. (Thu, 08 Oct 2009 01:04:13 GMT)
Trichet Faces ‘Trap’ as ECB Prods Leaders on Deficit Vigilance
Oct. 8 (Bloomberg) -- Jean-Claude Trichet needs governments to walk through the emergency exit first if he’s going to be able to keep nurturing Europe’s recovery with record low interest rates and cash injections. (Thu, 08 Oct 2009 06:36:58 GMT)
DOKUMENTATION/Einleitende Bemerkungen von -2-
DJ DOKUMENTATION/Einleitende Bemerkungen von EZB-Präsident Trichet Dow Jones Newswires sendet im Anschluss den Wortlaut der Einleitenden Bemerkungen ... (Thu, 08 Oct 2009 13:29:57 GMT)
DJ DOKUMENTATION/Einleitende Bemerkungen von -2-
Dow Jones Newswires sendet im Anschluss den Wortlaut der Einleitenden Bemerkungen des Präsidenten der Europäischen Zentralbank (EZB), Jean-Claude Trichet, zur aktuellen Zinsentscheidung. (Thu, 08 Oct 2009 13:36:20 GMT)
Partner hammer attack dismissed
A man accused of trying to kill his pregnant partner with a hammer says it was "out of the question" he was responsible. (Thu, 08 Oct 2009 13:54:04 GMT)
A Step Back In Time
A generation which ignores history has no past and no future. The info below provides an interesting view of what took place in the 1929-1930 time periods. If one had to take away the dates, one would think that the writers were referring to current events. (Thu, 08 Oct 2009 23:43:26 GMT)
Middle-class life and debt, even on a good salary
The credit crunch is taking its toll among the middle-class. As Jill Insley explains, many just don't know how to stop spending High earners are struggling with debt as much as people on low incomes, according to financial experts and advisory charities. The withdrawal of easy credit as a result of the credit crunch has forced even those earning six-figure salaries to seek help with their debts ... (Fri, 09 Oct 2009 03:26:08 GMT)
How to reduce your debts even in a tough economy
(ARA) - Does your monthly stack of bills leave you wondering where your bailout is? For many Americans, money is tight and spending has become more conservative, but this does not mean that you lack options when it comes to reducing your debt. (Fri, 09 Oct 2009 06:57:38 GMT)
Top VA Specialty Lender Brings Speed and Expertise to San Diego
- iFreedom Direct processing most VA loans in three weeks or less - (Fri, 09 Oct 2009 11:00:00 GMT)
Latvia Says Close to Ending Standoff With International Donors
Oct. 9 (Bloomberg) -- Latvia is close to ending a dispute with international donors including Sweden and the International Monetary Fund that jeopardized its bailout loan and raised devaluation speculation, the premier’s office said. (Fri, 09 Oct 2009 16:23:50 GMT)
The perks of P2P lending
Despite all the recent talk of recovery, getting a loan for college, debt consolidation or home improvements -- is still more difficult than it used to be. A recent analysis by the Wall Street Journal found that the amount of loans held by 15 large U.S. banks was down 2.8 percent in the second quarter of this year, and the majority of loan volume in April and May was for mortgage refinancing and ... (Sun, 11 Oct 2009 06:53:57 GMT)
Steps to develop sound financial management skills
By James Oh, Lifestyle Correspondent It is a popular belief that you need to stress your dollars only when the economy is in a crisis. However, the truth is that we need to embed financial management skills in our personal lives irregardless of the state of the economic affairs. There is ... (Sun, 11 Oct 2009 07:42:52 GMT)
Interventions From Synod's 10th Congregation
VATICAN CITY, OCT. 11, 2009 ( Zenit.org ).- Here are the English-language summaries provided by the Vatican press office of the interventions given Saturday at the Tenth General Congregation of the Second Special Assembly for Africa of the Synod of Bishops. (Sun, 11 Oct 2009 19:14:17 GMT)
Iceland Shrinks 8% as Prices Increase 11% in Deepest Recession
Oct. 12 (Bloomberg) -- Arni Hallgrimsson lost his job as a public relations consultant when Iceland’s three biggest banks collapsed last year, putting him out of work for the first time since 1980. After a stint cleaning the docks at a whaling station during the summer hunt, he’s unemployed again. (Sun, 11 Oct 2009 23:49:24 GMT)
Essay: Labor acts to keep the bankers honest
The Labor Party has a long and colourful history of trying to keep Australia’s banks on the straight and narrow. Has it succeeded? asks Christopher Joye . (Mon, 12 Oct 2009 02:27:05 GMT)
Iceland Shrinks 8% as Prices Increase 11% in Deepest Recession
Oct. 12 (Bloomberg) -- Arni Hallgrimsson lost his job as a public relations consultant when Iceland’s three biggest banks collapsed last year, putting him out of work for the first time since 1980. After a stint cleaning the docks at a whaling station during the summer hunt, he’s unemployed again. (Mon, 12 Oct 2009 08:23:57 GMT)
Latvia Mulls Budget Cuts to Appease Bailout Donors (Update3)
Oct. 12 (Bloomberg) -- Latvia is considering budget cuts involving reducing spending and raising taxes in a last-minute effort to satisfy its international loan donors, Finance Minister Einars Repse said after today’s Cabinet meeting. (Mon, 12 Oct 2009 12:51:36 GMT)
(AFX UK Focus) 2009-10-12 13:52 UPDATE 2-Latvia says agreed to cut budget deficit for EU/IMF
By Patrick Lannin (Mon, 12 Oct 2009 13:13:56 GMT)
Robert Creamer: The Dominance of the Financial Sector has Become a Mortal Danger to our Economic Security
Over the last several decades, the financial sector has grown relentlessly. It has doubled in size over the last 14 years. During the period... (Mon, 12 Oct 2009 14:42:25 GMT)
(AFX UK Focus) 2009-10-13 16:50 UPDATE 3-EU's Almunia presses Latvia on budget pledges
By Patrick Lannin (Tue, 13 Oct 2009 16:13:58 GMT)
Fitch Affirms First Commonwealth Financial Corp.'s Ratings; Outlook Negative
NEW YORK----Fitch Ratings has affirmed the long- and short-term Issuer Default Ratings for First Commonwealth Financial Corporation and its bank subsidiary, First Commonwealth Bank at 'BBB' and 'F2', respectively. (Tue, 13 Oct 2009 18:18:00 GMT)
U.S. Banks
While the bigger banks benefited greatly from the various programs launched by the government, many smaller banks are still in a very weak financial state. (Tue, 13 Oct 2009 18:23:28 GMT)
U.S. Banks
The banking system is not yet out of the woods, as there are persistent problems that need to be addressed by the government before shifting the strategy to growth. (Wed, 14 Oct 2009 05:00:00 GMT)
JPMorgan Chase Reports Third-Quarter 2009 Net Income of $3.6 Billion, or $0.82 Per Share
NEW YORK----JPMorgan Chase & Co. today reported third-quarter 2009 net income of $3.6 billion, compared with net income of $527 million in the third quarter of 2008. Earnings per share were $0.82, compared with $0.09 in the prior year. (Wed, 14 Oct 2009 10:59:00 GMT)
China Aoxing Pharmaceutical Company Reports Fiscal Year 2009 Financial Results
NEW YORK, NY--(Marketwire - October 14, 2009) - China Aoxing Pharmaceutical Company, Inc. ( OTCBB : CAXG ) ("China Aoxing"), a China-based pharmaceutical company specializing in research, development, manufacturing and distribution of narcotic and pain-management products, today announced financial results for the fiscal year ended June 30, 2009. Revenues for our fiscal year ended June 30, 2009 ... (Wed, 14 Oct 2009 13:33:01 GMT)
Reviewing Danny Schechter's "The Crime of Our Time"
Danny Schechter is a media activist, critic, independent filmmaker, and TV producer as well as an author of 10 books and lecturer on media issues. Some call him "The News Dissector," and that's the name of his popular blog on media issues. (Wed, 14 Oct 2009 14:41:21 GMT)
NEWS IN BRIEF
Romania, Hungary, Croatia and Serbia are lagging behind regional countries by approximately 1-2 quarters and will stagnate in 2010. According to Juraj Kotian, Erste Bank’s chief-economist in Eastern Europe, Poland has avoided the recession, while the Czech Republic, Slovakia and Ukraine reached the lowest levels in Q1 of 2009 and will grow by 2-3 per cent in 2010 compared to the level registered ... (Wed, 14 Oct 2009 19:34:42 GMT)
Stanley Furniture Announces Third Quarter 2009 Operating Results
STANLEYTOWN, Va.----Stanley Furniture Company, Inc. today reported sales and operating results for the third quarter of 2009. (Wed, 14 Oct 2009 20:10:00 GMT)
'Predatory lenders thrive under changes'
Proposed new laws to give lenders more information on a person's loans history will only result in predators sending people deeper into debt, a consumer group says. (Thu, 15 Oct 2009 01:32:42 GMT)
'Predatory lenders thrive under changes'
A consumer group says a proposal to give lenders details on loans history will lead to predatory lending. (Thu, 15 Oct 2009 01:37:26 GMT)
'New laws may boost predatory lending'
A consumer group says a proposal to give lenders details on loans history will lead to predatory lending. (Thu, 15 Oct 2009 03:26:15 GMT)
Proposed credit laws criticised
PROPOSED laws to give lenders more information on a person's loans history will only result in predators sending people deeper into debt, a consumer group says. (Thu, 15 Oct 2009 05:00:57 GMT)
Proposed credit laws criticised
PROPOSED new laws to give lenders more information on a person's loans history will only result in predators sending people deeper into debt, a consumer group says. (Thu, 15 Oct 2009 05:14:59 GMT)
Gold Falls as Rally to Record Encourages Some Investors to Sell
Oct. 15 (Bloomberg) -- Gold declined for a second day in London as the metal’s rally to a record prompted sales by some investors to lock in gains. Bullion reached an all-time high of $1,070.80 an ounce yesterday as investors sought an alternative to a slumping dollar. (Thu, 15 Oct 2009 10:48:10 GMT)
No big deal(s)?
Private equity firms in the Middle East are low on leverage and high on cash, with around $11bn of unspent capital in their coffers. (Thu, 15 Oct 2009 12:40:52 GMT)
Gold Falls as Rally to Record Encourages Some Investors to Sell
Oct. 15 (Bloomberg) -- Gold declined to this week’s lowest price in New York and London as the metal’s rally to a record prompted sales by some investors to lock in gains. (Thu, 15 Oct 2009 14:18:17 GMT)
Late bill payment a risk to loan: claim
CANBERRA - Someone who pays a bill a day late could find it harder to get a loan under proposed new credit laws, consumer advocates say. (Thu, 15 Oct 2009 20:42:01 GMT)
Republic of Philippines' Proposed Benchmark-Sized Global Bonds Maturing 2034 Assigned 'BB-' Rating
We are assigning our 'BB-' senior unsecured debt rating to the Philippines' proposed benchmark-sized global bond issue maturing in 2034. Standard & Poor's Ratings Services today said it had assigned (Fri, 16 Oct 2009 04:15:23 GMT)
MGIC Investment Corporation Reports Third Quarter 2009 Results
MGIC Investment Corporation today reported a net loss for the quarter ended September 30, 2009 of $517.8 million, compared with a net loss of $115.4 million for the same quarter a year ago. (Fri, 16 Oct 2009 11:00:00 GMT)
Nov. 3 election recommendations
Texas constitutional amendments, Fort Worth crime tax, Arlington school bonds (Fri, 16 Oct 2009 20:36:43 GMT)
Arena's physical repairs easier to fix than financial holes
ROCKFORD — A $23 million renovation of the MetroCentre will finish in mid-December, and though the work has taken longer than planned, the job is on pace to finish $400,000 below budget estimates. ON THE WEB Read the MetroCentre report MetroCentre Web site PAST COVERAGE Oct. 11: Newsmaker: Arena chief says venue key Oct. 1: Culture pane's report to be out soon Sept. 17: MetroCentre makes cut ... (Sun, 18 Oct 2009 01:46:25 GMT)
Republic of Philippines' Proposed Benchmark-Sized Global Bonds Maturing 2034 Assigned 'BB-' Rating
Standard & Poor's Ratings Services today said it had assigned its 'BB-' senior unsecured debt rating to the Republic of Philippines' (foreign currency BB-/Stable/B; local currency BB+/Stable/B) propos (Mon, 19 Oct 2009 03:00:43 GMT)
Student Loan Interest Rankles College Grads
theodp writes "Like many recent college grads, Steven Lee finds himself unemployed in one of the roughest job markets in decades and saddled with a big pile of debt — he owes about $84,000 in student loans for undergrad and grad school. But what's really got Lee angry are the high interest rates on his government-backed student loans. 'The rate for a 30-year mortgage is around 5%,' Lee said ... (Mon, 19 Oct 2009 03:22:02 GMT)
Can't get a bank loan? Here's another way
Jean Chatzky explains the how's and why's of peer-to-peer lending, and how it could help you get the money you need. (Mon, 19 Oct 2009 11:18:19 GMT)
Popular, Inc. Reports Financial Results for the Quarter and Nine Months Ended September 30, 2009
Popular, Inc. reported a net loss of $125.0 million for the quarter ended September 30, 2009, compared with a net loss of $183.2 million for the quarter ended June 30, 2009, and a net loss of $668.5 million for the quarter ended September 30, 2008. (Mon, 19 Oct 2009 12:00:00 GMT)
PRODUCT PROFILE
The Dublin market treaded water this morning as markets across the world await a busy week of corporate and economic reports from the US that will paint a picture of how well US business has coped with the downturn. (Mon, 19 Oct 2009 12:06:27 GMT)
Jean Chatzky: Peer-to-peer lending offers perks, challenges
Despite all the recent talk of recovery, getting a loan -- for college, debt consolidation, home improvements -- is still more difficult than it used to be. (Mon, 19 Oct 2009 13:14:10 GMT)
Brazil Ultrapar Plans To Expand In Wake Of Texaco Success
RIO DE JANEIRO -(Dow Jones)- Brazilian fuel distribution and specialty chemicals company Ultrapar Participacoes (UGP)--fresh off its purchase of the local Texaco service-station brand--wants to expand its presence in several key growth areas, company Chief Executive Pedro Wongtschowski said Monday. (Mon, 19 Oct 2009 16:04:01 GMT)
PRODUCT PROFILE
The Dublin market rose at the start of a busy week of corporate and economic reports from the US that will paint a picture of how well US business has coped with the downturn. (Mon, 19 Oct 2009 17:06:25 GMT)
Zions Bancorporation Reports 2009 Third Quarter Results Showing Stability of Underlying Earnings Power
SALT LAKE CITY -- Zions Bancorporation today reported a third quarter net loss applicable to common shareholders of $179.5 million or $1.41 per diluted share, compared to a net loss of $40.7 million or $0.35 per diluted share for the second quarter of 2009. (Mon, 19 Oct 2009 20:10:00 GMT)
ELS Reports Third Quarter Results
Equity LifeStyle Properties, Inc. (NYSE: ELS) (the "Company”) today announced results for the quarter and nine months ended September 30, 2009. (Tue, 20 Oct 2009 01:26:08 GMT)
State Street Reports Third-Quarter 2009 Earnings Per Share of $1.04
BOSTON----State Street Corporation today announced third-quarter 2009 earnings per common share of $1.04 on revenue of $2.236 billion compared with $1.09 per share on revenue of $2.771 billion in the third quarter of 2008. (Tue, 20 Oct 2009 11:12:00 GMT)
Caterpillar Reports Third-Quarter Profit and Raises 2009 Profit Outlook
Caterpillar Inc. today announced a third-quarter profit of $0.64 per share, down $0.75 per share from the third quarter of 2008. (Tue, 20 Oct 2009 11:30:00 GMT)
Epic Financial Corporation Announces Availability of Epic WealthBuilder(TM) Program
CHICAGO, IL--(Marketwire - 10/20/09) - Epic Financial Corporation (Pinksheets: EPFL - News ) today announced the general availability of their latest financial product -- the Epic WealthBuilder Financial Compass, a debt-elimination and financial wealth building program. "This is not debt consolidation or debt renegotiation, rather a completely automated service that helps you manage and ... (Tue, 20 Oct 2009 12:00:00 GMT)
Epic Financial Corporation Announces Availability of Epic WealthBuilder(TM) Program
Website Launch Will Allow Hundreds of Thousands of Americans to Become Debt-Free and Begin to Rebuild Their Wealth (Tue, 20 Oct 2009 12:05:33 GMT)
StanCorp Financial Group, Inc. Reports Third Quarter 2009 Earnings
PORTLAND, Ore.----StanCorp Financial Group, Inc. today reported net income for the third quarter of 2009 of $59.9 million, or $1.21 per diluted share, compared to net income for the third quarter of 2008 of $40.2 million, or $0.82 per diluted share. (Tue, 20 Oct 2009 20:08:00 GMT)
Sallie Mae Reports Third-Quarter 2009 Results
RESTON, Va.----SLM Corporation , commonly known as Sallie Mae, reported net income on a core earnings basis of $164 million for the third quarter ended Sept. 30, 2009, compared to $170 million for the prior quarter, and $117 million for the year-ago quarter. (Tue, 20 Oct 2009 20:30:00 GMT)
Savannah Bancorp Reports Third Quarter Earnings of $346,000 and Declares Quarterly Dividend
SAVANNAH, Ga. -- The Savannah Bancorp, Inc. reported net income for the third quarter 2009 of $346,000 compared to $1,638,000 in the third quarter 2008. Net income per diluted share was 6 cents in the third quarter of 2009 compared to 28 cents per diluted share in 2008. (Tue, 20 Oct 2009 21:00:44 GMT)
Take Advantage of First-Time Homebuyer Credit Now
Bills.com offers 8 tips to help first-time home buyers before they take on mortgage debt (Wed, 21 Oct 2009 07:00:00 GMT)
KeyCorp Reports Third Quarter 2009 Results
- (Wed, 21 Oct 2009 10:30:00 GMT)
Wells Fargo Reports Record Q3 and Year-to-Date Net Income
SAN FRANCISCO----Wells Fargo & Company : 3rd consecutive quarter of record earnings Record Wells Fargo net income of $3.2 billion, up 98 percent from last year; $9.5 billion year to date, up 75 percent from last year Diluted earnings per common share of $0.56, up 14 percent from last year; $1.69 per share year to date Results driven by record $10.8 billion pre-tax, pre-provision profit ; PTPP ... (Wed, 21 Oct 2009 12:00:00 GMT)
MB Financial, Inc. Reports Net Income, Strong Liquidity and Strong Capital Position
CHICAGO----MB Financial, Inc. , the holding company for MB Financial Bank, N.A , announced today third quarter results for 2009. The words “MB Financial,” “the Company,” “we,” “our” and “us” refer to MB Financial, Inc. and its wholly owned subsidiaries, unless indicated otherwise. (Wed, 21 Oct 2009 12:00:00 GMT)
Freeport-McMoRan Copper & Gold Inc. Reports Third-Quarter and Nine-Month 2009 Results
PHOENIX----Freeport-McMoRan Copper & Gold Inc. : Net income attributable to common stock for third-quarter 2009 was $925 million, $2.07 per share, compared with $523 million, $1.31 per share, for third-quarter 2008. (Wed, 21 Oct 2009 12:00:00 GMT)
Morgan Stanley Reports Third Quarter Results
NEW YORK----Morgan Stanley today reported income from continuing operations applicable to Morgan Stanley for the third quarter ended September 30, 2009 of $757 million, or $0.38 per diluted share,1 compared with a loss from continuing operations applicable to Morgan Stanley of $159 million, or $1.37 per diluted share for the second quarter. (Wed, 21 Oct 2009 12:01:00 GMT)
Amendment election slated for Nov. 3, vote early
Voters are already able to vote on 11 proposed amendments to the Texas Constitution. Early voting began Monday, October 19 and will continue through Friday October 30 at the Atascosa County Annex II at 914 N. Main Street, Suite 115, in Jourdanton. (Wed, 21 Oct 2009 16:05:28 GMT)
Morgan Stanley Remains Conservative on Risk
Compared to Goldman Sachs , Morgan Stanley seems to be taking its time to rebuild its franchise and recoup the market share it lost during the dark days of the financial crisis. (Wed, 21 Oct 2009 18:00:58 GMT)
Bread Vs. Cake Part II
John Serrapere of Arrow Insights adjusts his portfolio for the troubles to come. (Thu, 22 Oct 2009 07:22:00 GMT)
Capitol Bancorp Reports Third Quarter Results
Capitol reported a net loss for the third quarter of approximately $30.9 million. (Thu, 22 Oct 2009 10:00:00 GMT)
PNC Earns $559 Million in Third Quarter and $1.3 Billion Year-To-Date
The PNC Financial Services Group, Inc. today reported net income of $559 million, or $1.00 per diluted common share, for the third quarter of 2009 compared with net income of $207 million, or $.14 per diluted common share, for the second quarter of 2009. (Thu, 22 Oct 2009 10:46:00 GMT)
Precision Drilling Trust Reports Third Quarter 2009 Financial Results
CALGARY, ALBERTA--(Marketwire - 10/22/09) - (Canadian dollars, except as noted) This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements ... (Thu, 22 Oct 2009 11:00:00 GMT)
Precision Drilling Trust Reports Third Quarter 2009 Financial Results
CALGARY, ALBERTA--(Marketwire - Oct. 22, 2009) - (Canadian dollars, except as noted) This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and ... (Thu, 22 Oct 2009 11:05:13 GMT)
Capitol Bancorp Reports Third Quarter Results
LANSING, Mich. and PHOENIX, Oct. 22 /PRNewswire-FirstCall/ -- Capitol reported a net loss for the third quarter of approximately $30.9 million. The net loss per share for the quarter ended September 3... (Thu, 22 Oct 2009 12:21:31 GMT)
Americans intend to increase savings through end of 2009, First Command reports
FORT WORTH, Texas American families intend to bump up their savings and investing through the rest of the year, suggesting a potential reversal of the recent drop in the nations savings rate.A third-quarter surge in positive financial intentions among middle-class Americans helped nudge the First Command Financial Behaviors Index to 91, a one-point gain that nevertheless represents the... (Thu, 22 Oct 2009 19:45:17 GMT)
CA Reports Second Quarter Fiscal Year 2010 Results
- (Thu, 22 Oct 2009 20:01:00 GMT)
1st Source Announces Third Quarter Profits
SOUTH BEND, Ind.----1st Source Corporation , parent company of 1st Source Bank, today announced third quarter net income of $6.73 million compared to $4.47 million in the third quarter 2008. (Thu, 22 Oct 2009 20:10:00 GMT)
American Express Reports Third Quarter Earnings from Continuing Operations of $642 Million; EPS of $0.54
NEW YORK----American Express Company today reported third-quarter income from continuing operations of $642 million, down 25 percent from $861 million a year ago. Diluted earnings per share from continuing operations were $0.54, down 27 percent from $0.74 a year ago. (Thu, 22 Oct 2009 20:12:00 GMT)
CA Reports Second Quarter Fiscal Year 2010 Results
GAAP EPS Up 11 Percent in Constant Currency, Up 5 Percent as ReportedNon-GAAP EPS Up 8 Percent in Constant Currency, Up 5 Percent as ReportedRevenue Up 1 Percent in Constant Currency, Down 3 Percent as ReportedGAAP and Non-GAAP Operating Margins Up 2 Percentage Points and 3 Percentage Points, RespectivelyUpdates Full Fiscal Year 2010 Outlook (Thu, 22 Oct 2009 23:19:15 GMT)
TimberWest announces 2009 third quarter results and bank covenant amendments
TimberWest generated modestly better earnings and distributable cash this quarter as compared to last quarter despite extremely weak business conditions. While log prices are not showing any improvement yet, and log sales realizations are under pressure with a strengthening Canadian dollar, we have begun to see stability in prices with log sales volumes firming up for the first time in many ... (Thu, 22 Oct 2009 23:49:00 GMT)
TimberWest announces 2009 third quarter results and bank covenant...
/PRNewswire-FirstCall/ - TimberWest generated modestly better earnings and distributable cash this quarter as compared to last quarter despite extremely weak business conditions. While log prices are ... (Fri, 23 Oct 2009 02:21:00 GMT)
PRESS RELEASE: Fitch Affirms Maybank's IDR at 'A-'; Outlook Stable
Fitch Ratings-Singapore-23 October 2009: Fitch Ratings has today affirmed Malayan Banking Berhad's (Maybank) Long-term local and foreign currency Issuer Default Ratings (IDRs) at 'A-', Individual at 'B/C', Support at '2' and Support Floor at 'BBB'. (Fri, 23 Oct 2009 04:03:39 GMT)
Nigeria : Stakeholders Tackle Goverment Over Pilots, Engineers' Training
Minister of Aviation, Babatunde Omotoba expressed Federal government's plan to use part of the World Bank loan and Bilateral Air Services Agreement (BASA) fund for the training of pilots and engineers for the aviation industry to the discontent of aviation players. (Fri, 23 Oct 2009 10:02:33 GMT)
THE 2010 BUDGET SPEECH
By DATUK SERI MOHD. NAJIB RAZAK PRIME MINISTER AND MINISTER OF FINANCE (Fri, 23 Oct 2009 11:32:18 GMT)
Budget 2010: Khazanah, banks' response
This was a delicate budget to craft given the trilemma of the fragility of the global economic recovery, the need to address the fiscal deficit and the urgent drive for structural transformation towards a more innovative and competitive economy. (Fri, 23 Oct 2009 13:54:30 GMT)
#Budget 2010*: Khazanah, banks, Bursa's response
This was a delicate budget to craft given the trilemma of the fragility of the global economic recovery, the need to address the fiscal deficit and the urgent drive for structural transformation towards a more innovative and competitive economy. (Fri, 23 Oct 2009 14:17:32 GMT)
Statement by the IMF Staff Mission to Ghana
A mission from the International Monetary Fund (IMF), led by Peter Allum, visited Accra during October 12-23, 2009. The mission conducted the first review of the government’s economic program supported by the IMF’s Poverty Reduction and Growth Facility (PRGF). The mission met with Vice President John Mahama, Finance Minister Kwabena Duffuor, Bank of Ghana Governor Kwesi Amissah-Arthur, and other ... (Fri, 23 Oct 2009 17:27:34 GMT)
2010 BUDGET: `United, we can realise the impossible'
MR Speaker Sir, I beg to move the Bill entitled "An Act to apply a sum from the Consolidated Fund for the service of the year 2010 and to appropriate that sum for the service of that year" be read a second time. (Sat, 24 Oct 2009 00:01:54 GMT)
'United, we can realise the impossible'
MR Speaker Sir, I beg to move the Bill intituled "An Act to apply a sum from the Consolidated Fund for the service of the year 2010 and to appropriate that sum for the service of that year" be read a second time. (Sat, 24 Oct 2009 00:08:54 GMT)
2010 BUDGET: `United, we can realise the impossible'
MR Speaker Sir, I beg to move the Bill entitled "An Act to apply a sum from the Consolidated Fund for the service of the year 2010 and to appropriate that sum for the service of that year" be read a second time. (Sat, 24 Oct 2009 00:46:55 GMT)
Allied Farmers deal targets lender in strife
NZX-listed Allied Farmers has been working on an ambitious deal to buy loans from one of the country's larger failed finance companies. (Sat, 24 Oct 2009 16:15:45 GMT)
Proposed Constitutional Amendments
Proposed Constitutional Amendments (Sat, 24 Oct 2009 16:43:01 GMT)
Lynn Tilton: Ending Joblessness in America
The numbers being released by Washington do not represent fairly the depth and breadth of America's jobless reality. In truth, today, one out of every 5 Americans is unemployed. (Sat, 24 Oct 2009 23:08:11 GMT)
Should Sussex and Wantage merge?
By CHRISTINA TATU ctatu@njherald.com With the year-long consolidation study complete, Sussex Borough and Wantage Township residents will answer the question this Election Day: “Should Wantage Township and Sussex Borough consolidate into the Township of Sussex-Wantage?” (Sun, 25 Oct 2009 03:20:18 GMT)
Student loan defaults jump
EL PASO -- Fifteen percent of students at for-profit colleges in El Paso failed to pay back their federal loans on time -- a trend that began before the economy faltered. Students who borrowed and neglected to pay back thousands of dollars they used to attend for-profit colleges now find themselves tangled in a financial mess that threatens their credit ratings, wages and higher education ... (Mon, 26 Oct 2009 06:14:01 GMT)
The McGraw-Hill Companies Reports Third Quarter EPS of $1.07
The McGraw-Hill Companies today reported diluted earnings per share of $1.07 for the third quarter of 2009 compared to $1.23 last year, which included an after-tax restructuring charge of $0.05 per diluted share. (Mon, 26 Oct 2009 11:10:00 GMT)
Frankness Is Best Policy for Germany
The new government in Berlin includes two very frank men whose relationship with reality indicates that Chancellor Angela Merkel now sees the necessity of a more frontal approach to Germany's huge economic problems and imprecise international role. (Mon, 26 Oct 2009 14:47:37 GMT)
PRESS RELEASE:Fitch: Final Ratings For Noria 2009-A Notes
Fitch Ratings-London/Paris-26 October 2009: Fitch Ratings has today assigned final ratings to Noria 2009 Compartment Noria 2009-A's EUR1,050m issue of asset- backed floating-rate notes due November 2055, as detailed below. (Mon, 26 Oct 2009 15:04:25 GMT)
Republic of Estonia—2009 Article IV Consultation Concluding Statement
1. Following a credit boom, the Estonian economy is now undergoing a severe recession . Domestic demand started to slow already in 2007, along with a bursting of the property bubble. (Mon, 26 Oct 2009 16:42:34 GMT)
Hexcel Reports 2009 Third Quarter Results
STAMFORD, Conn.----Hexcel Corporation : Quarter Ended September 30, Nine Months Ended September 30, 2009 2008 % Change 2009 2008 % Change Net Sales $ 257.1 $ 331.4 $ 841.7 $ 1,035.4 Net sales change in constant currency Operating Income 19.6 35.9 89.2 101.6 Net Income 10.4 33.0 50.6 82.9 Diluted net income per common share $ 0.11 $ 0.34 $ 0.52 $ 0.85 Non-GAAP Measures for y-o-y comparisons ... (Mon, 26 Oct 2009 21:05:00 GMT)
Mornings unPHILtered - Looking at the local economy
This morning's first guest on the “Mornings unPhiltered” show was Edward H. Sibbald. Host Phil Boyum introduced Sibbald, who was named the interim director of the Bureau of Business Research and Economic Development in July at Georgia Southern. Sibbald is now the Director for the Center for Financial Excellence. (Mon, 26 Oct 2009 23:14:25 GMT)
What exactly is the situation of your bank now against the background of the issues raised by the CBN? Why are they ...
Let me start with the CBN/NDIC joint examination. Let me tell you my understanding of that examination. Basically, may be when the new CBN Governor took over he wanted to look at his environment and see what he was managing. (Tue, 27 Oct 2009 09:36:04 GMT)
PRESS RELEASE:Fitch:Italy City Of Verona 'AA-';Outlook Stable
Fitch Ratings-London/Barcelona-27 October 2009: Fitch Ratings has today affirmed the Italian City of Verona's ratings at Long-term foreign and local currency 'AA-' and Short-term foreign currency 'F1+'. The Outlooks for the Long- term ratings are Stable. (Tue, 27 Oct 2009 10:18:32 GMT)
PRESS RELEASE: Fitch Places Turkey On Rating Watch Positive
Fitch Ratings-London-27 October 2009: Fitch Ratings has today placed Turkey's Long-term foreign currency Issuer Default Rating (IDR) of 'BB-' and its Long- term local currency IDR of 'BB' on Rating Watch Positive (RWP). At the same time, the agency has affirmed Turkey's Short-term foreign currency IDR at 'B' and placed the Country Ceiling of 'BB' on RWP. (Tue, 27 Oct 2009 10:48:31 GMT)
L-3 Announces Third Quarter 2009 Results
NEW YORK----L-3 Communications Holdings, Inc. today reported diluted earnings per share of $2.12 for the quarter ended Sept. 25, 2009 , compared to $1.70 for the quarter ended Sept. 26, 2008 . (Tue, 27 Oct 2009 11:09:00 GMT)
FPL Group Announces 2009 Third Quarter Earnings
JUNO BEACH, Fla.----NOTE TO EDITORS: This news release reflects the earnings report of FPL Group, Inc. Reference to the corporation and its earnings or financial results should be to “FPL Group” and not abbreviated using the name “FPL” as the latter is the name/acronym of the corporation’s electric utility subsidiary. (Tue, 27 Oct 2009 11:30:00 GMT)
RECORDATI : POSITIVE FIRST NINE MONTHS 2009 RESULTS, SALES AND INCOME INCREASE
(ITnews) - (Hugin) - - Consolidated revenue E 556.2 million, + 9.4%. - Pharmaceutical revenue E 535.6 million, + 10.4%. - International sales E 398.2 million, + 13.0%. - Operating income E 121.8 million, + 9.5%. - Net income E 85.3 million, + 11.3%. (Tue, 27 Oct 2009 11:56:34 GMT)
Recordati : Positive First Nine Months 2009 Results, Sales and Income Increase
MILAN, ITALY--(Marketwire - 10/27/09) - - Consolidated revenue EUR 556.2 million, + 9.4%. - Pharmaceutical revenue EUR 535.6 million, + 10.4%. - International sales EUR 398.2 million, + 13.0%. - Operating income EUR 121.8 million, + 9.5%. - Net income EUR 85.3 million, + 11.3%. - Net financial position*: net debt of EUR 66.4 million. - Acquisition of Herbacos-Bofarma in the Czech Republic ... (Tue, 27 Oct 2009 12:27:00 GMT)
RECORDATI : POSITIVE FIRST NINE MONTHS 2009 RESULTS, SALES AND INCOME INCREASE
MILAN, ITALY--(Marketwire - October 27, 2009) - - Consolidated revenue EUR 556.2 million, + 9.4%. - Pharmaceutical revenue EUR 535.6 million, + 10.4%. - International sales EUR 398.2 million, + 13.0%. - Operating income EUR 121.8 million, + 9.5%. - Net income EUR 85.3 million, + 11.3%. - Net financial position*: net debt of EUR 66.4 million. - Acquisition of Herbacos-Bofarma in the Czech ... (Tue, 27 Oct 2009 12:34:43 GMT)
Inmet announces third quarter earnings of $1.10 per share compared with $1.55 per share in the third quarter of 2008
All amounts in Canadian dollars unless indicated otherwise TORONTO, Oct. 27 /PRNewswire-FirstCall/ - Third quarter highlights - Comparable sales as lower sales volumes offset higher metal prices Higher copper, zinc and gold prices increased sales by $35 million this quarter compared to the same quarter in 2008. This was offset somewhat by lower sales volumes, which reduced sales by $34 million ... (Tue, 27 Oct 2009 12:45:00 GMT)
Methanex Reports Third Quarter Results-Methanol Demand Continues to Improve
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 10/27/09) - Methanex Corporation (TSX: MX - News )(NASDAQ: MEOH - News )(SANTIAGO: Methanex - News ) - For the third quarter of 2009, Methanex reported Adjusted EBITDA(1) of $31.0 million and a net loss of $0.8 million ($0.01 per share on a diluted basis). This compares with Adjusted EBITDA of $24.8 million and a net loss of $5.7 million ($0.06 per ... (Wed, 28 Oct 2009 01:28:00 GMT)
Methanex Reports Third Quarter Results-Methanol Demand Continues to Improve
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 27, 2009) - Methanex Corporation (TSX:MX)(NASDAQ:MEOH)(SANTIAGO:Methanex) - For the third quarter of 2009, Methanex reported Adjusted EBITDA(1) of $31.0 million and a net loss of $0.8 million ($0.01 per share on a diluted basis). This compares with Adjusted EBITDA of $24.8 million and a net loss of $5.7 million ($0.06 per share on a diluted basis ... (Wed, 28 Oct 2009 01:47:03 GMT)
BUSINESS WIRE: ArcelorMittal Reports Third Quarter 2009 Results part_2/2
13,037 non-controlling interest Non-controlling (15) 62 (414) 117 (1,006) interest Net income (loss) attributable to $903 $(792) $3,821 $(952) $12,031 owners of the parent Basic earnings (loss) $0.60 $(0.57) $2.79 $(0.67) $8.66 per common share Diluted earnings (loss) per common 0.60 (0.57) 2.78 (0.67) 8.64 share Weighted average common shares 1,508 1,395 1,371 1,424 1,389 outstanding (in ... (Wed, 28 Oct 2009 06:13:41 GMT)
6 Tips Before Selling a Home for a Loss
Bills.com offers tips for home short sales that leave owners with mortgage debt (Wed, 28 Oct 2009 07:00:00 GMT)
Rambler Metals and Mining Financial Results Year Ended 31 July 2009
FOR: RAMBLER METALS & MINING PLC TSX VENTURE SYMBOL: RAB AIM SYMBOL: RMM October 28, 2009 Rambler Metals and Mining Financial Results Year Ended 31 July 2009 LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Oct. 28, 2009) - Rambler Metals and Mining PLC (TSX VENTURE:RAB)(AIM:RMM) ("Rambler" or the "Company") today reports its financial results and operational highlights ... (Wed, 28 Oct 2009 07:02:26 GMT)
Nexen Inc.: Current Production at Annual High Following Start-Up of New Projects
CALGARY, ALBERTA--(Marketwire - Oct. 28, 2009) - Throughout the third quarter, we made significant progress in advancing our strategies. We successfully executed the planned turnaround at Long Lake, announced the largest discovery in the UK North Sea in the last ten years after Buzzard, and moved our breakevens down on our Horn River shale gas play. We also started up Ettrick in the North Sea ... (Wed, 28 Oct 2009 10:47:53 GMT)
Tower Bancorp, Inc. Announces Quarterly Earnings
HARRISBURG, Pa.----Tower Bancorp, Inc. , the parent company of Graystone Tower Bank , reported net income of $1.7 million or $0.30 per diluted share for the third quarter of 2009 compared to net income of $711 thousand or $0.26 per diluted share for the same quarter a year ago. (Wed, 28 Oct 2009 13:00:00 GMT)
Rambler Metals and Mining Financial Results Year Ended 31 July 2009
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR-- - Rambler Metals and Mining PLC today reports its financial results and operational highlights for the year ended 31 July 2009. (Wed, 28 Oct 2009 13:30:00 GMT)
Rambler Metals and Mining Financial Results Year Ended 31 July 2009
LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - Oct. 28, 2009) - Rambler Metals and Mining PLC (TSX VENTURE:RAB)(AIM:RMM) ("Rambler" or the "Company") today reports its financial results and operational highlights for the year ended 31 July 2009. The principal activity of the Company is carrying out development and exploration on the Rambler Property, a gold and copper ... (Wed, 28 Oct 2009 13:48:31 GMT)
John B. Sanfilippo & Son Inc. Reports Operating Results (10-Q)
By 10qk. John B. Sanfilippo & Son Inc. ( JBSS ) filed Quarterly Report for the period ended 2009-09-24. Read more » » (Wed, 28 Oct 2009 19:34:09 GMT)
Horace Mann Reports Results for Third Quarter
Horace Mann Educators Corporation today reported net income of $19.3 million and $51.3 million for the three and nine months ended September 30, 2009, respectively, compared to net losses of $30.8 million and $12.0 million for the same periods in 2008. (Wed, 28 Oct 2009 20:10:00 GMT)
Community Health Systems, Inc. Announces Third Quarter 2009 Results with Net Operating Revenues of $3.1 Billion
FRANKLIN, Tenn.----Community Health Systems, Inc. today announced financial and operating results for the third quarter and nine months ended September 30, 2009. (Wed, 28 Oct 2009 20:30:00 GMT)
O-I Reports Third-Quarter 2009 Results
Owens-Illinois, Inc. , today reported financial results for the third quarter ended September 30, 2009. (Wed, 28 Oct 2009 20:30:00 GMT)
MasTec Reports Third Quarter 2009 Net Income of $21.6 Million and Increases EPS Guidance
MasTec, Inc. today announced that revenue for the quarter ended September 30, 2009 was $397 million with net income of $21.6 million, or $0.27 per diluted share, compared with revenue of $398 million and net income of $24.1 million, or $0.35 per diluted share for the prior year quarter. (Wed, 28 Oct 2009 22:21:00 GMT)
2nd UPDATE: IMF Finishes Iceland Loan Review
(ADDS additional IMF official quotes.) (Wed, 28 Oct 2009 22:31:39 GMT)
Middleburg Financial Corporation Announces 2009 Third Quarter Earnings
Middleburg Financial Corporation , , parent company of Middleburg Bank and Middleburg Investment Group, Inc., today reported its financial results for the third quarter of 2009. (Thu, 29 Oct 2009 01:31:00 GMT)
MasTec Reports Third Quarter 2009 Net Income of $21.6 Million and Increases EPS Guidance
CORAL GABLES, Fla., Oct. 28 /PRNewswire-FirstCall/ -- MasTec, Inc. (Thu, 29 Oct 2009 02:18:22 GMT)
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