Debt Consolidation News Feb 2010
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Briefcase: Feb. 25, 2010
NEW YORK (Thu, 25 Feb 2010 12:03:44 GMT)
RONA Ends Year on High Note With Increased Sales and Profits in Fourth Quarter 2009
BOUCHERVILLE, QUEBEC--(Marketwire - 02/25/10) - RONA inc. (TSX: RON - News ) FOURTH QUARTER HIGHLIGHTS -- Sales increase 1.5% and same-store sales up 0.7% -- Operating income (EBITDA) margin up 22 basis points (10 basis points excluding unusual items related to store consolidations in 2008) -- Net earnings $30.9 million, up $1.1 million from 2008. -- Diluted earnings per share at $0.24, compared ... (Thu, 25 Feb 2010 13:38:00 GMT)
RONA Ends Year on High Note With Increased Sales and Profits in Fourth Quarter 2009
BOUCHERVILLE, QUEBEC--(Marketwire - Feb. 25, 2010) - RONA inc. (TSX:RON) F (Thu, 25 Feb 2010 13:50:15 GMT)
Financiera Independencia Reports 4Q09 Net Income up 33.2% to Ps.160.1 Million With Loan Portfolio Growth of 7.6% and ...
- (Thu, 25 Feb 2010 14:07:00 GMT)
The First American Corporation Reports Financial Results for the...
72 cents per diluted share, in the fourth quarter of 2008. The current quarter results include, on an after-tax basis, restructuring and other charges of (Thu, 25 Feb 2010 17:36:08 GMT)
Financiera Independencia Reports 4Q09 Net Income up 33.2% to...
Net income up 33.2% year-on-year for the quarter and down 17.3% for the fiscal year. Client base continues to expand, up 13.8% YoY with 20,483 new clients in 4Q09. 4Q09 loan growth continues to be dri... (Thu, 25 Feb 2010 17:36:58 GMT)
Report calls for amending law to improve monitoring and compliance
The Thirteenth Finance Commission has recommended that the combined debt of the Centre and the states be capped at 68 per cent of the Gross Domestic Product (GDP) by 2014-15 as part of the revised fiscal consolidation roadmap. (Thu, 25 Feb 2010 18:47:34 GMT)
Set fisc in order, panel tells Centre, states
States to get higher share of taxes, debt relief; 68 per cent combined debt cap proposed. (Thu, 25 Feb 2010 20:00:43 GMT)
Ukraine's leading English-language newspaper since 1995
For one, credit-needy businesses lucky enough to land fresh loans continue to borrow at some of the world’s highest rates, in the 20-30 percent annual interest range. (Thu, 25 Feb 2010 20:22:39 GMT)
The Hindu Business Line : Finance Commission cautions on public debt
The share of States in the net proceeds of Union taxes may be fixed at 32 per cent. The Centre and the States should conclude a “grand bargain” to implement the model Goods and Services Tax. (Thu, 25 Feb 2010 20:52:42 GMT)
Northland Power Income Fund Announces 2009 Results
TORONTO, ONTARIO--(Marketwire - Feb. 25, 2010) - N (Fri, 26 Feb 2010 02:34:36 GMT)
Set fisc in order, panel tells Centre, states
States to get higher share of taxes, debt relief; 68 per cent combined debt cap proposed. (Fri, 26 Feb 2010 06:45:43 GMT)
Entire text of finance minister's Budget Speech
Here is the entire text of the Finance Minister Pranab Mukherjee's Budget Speech: (Fri, 26 Feb 2010 08:38:24 GMT)
Summary of India's Union General Budget 2010-11
New Delhi: Feb 26: The Union Budget this year has aimed to focus on inclusive growth and insuring food security. These concerns for aam aadami have gone hand in hand with credible measures for improving investment climate, strengthening infrastructure and fiscal consolidation. (Fri, 26 Feb 2010 10:27:16 GMT)
Market Commentary and Intraday News
(RTTNews) - Indian Finance Minister, Pranab Mukherjee, while presenting his budget of the United Progressive Alliance or UPA government for the year 2010-11, estimated lower fiscal deficit over last year. (Fri, 26 Feb 2010 13:10:38 GMT)
Balance prevails between growth & fiscal consolidation
The Union Budget for the financial year 2010-11 has struck a fine balance between encouraging growth momentum and the much-needed fiscal consolidation, all the more in focus with what's happening in the Euro zone. (Fri, 26 Feb 2010 21:32:34 GMT)
Industry acclaims budget as reform and growth-oriented
NEW DELHI: India Inc on Friday acclaimed the Union Budget for 2010-11 as a reform-oriented exercise aiming for fiscal consolidation and a stable macro economic environment that would chart the growth path. (Fri, 26 Feb 2010 22:35:52 GMT)
INDUSTRY & ECONOMY
ECONOMY: I want banks to encourage investments: Pranab ‘Right now I am not thinking of their consolidation'. Budget 2010-11 has many positives for individual taxpayers as well as India Inc. It has also started the move towards fiscal consolidation. But it has its share of controversies such as ... (Sat, 27 Feb 2010 18:20:51 GMT)
Increased turnover crucial for sustained Bursa recovery (Business Times
Improved regional sentiment on hopes the US will keep interest rates low for a prolonged period, better-than-expected earnings from a slew of blue-chip companies and strong fourth quarter economic growth numbers helped the local stock market sustain gains for a third straight week. For the week, the blue-chip benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 13.11 points ... (Sun, 28 Feb 2010 17:02:09 GMT)
Increased turnover crucial for sustained Bursa recovery (Business Times
Improved regional sentiment on hopes the US will keep interest rates low for a prolonged period, better-than-expected earnings from a slew of blue-chip companies and strong fourth quarter economic growth numbers helped the local stock market sustain gains for a third straight week. (Sun, 28 Feb 2010 22:30:59 GMT)
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