August 7th, 2008
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August 7th, 2008
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Council approves bonds to refinance loanWatertown Daily Times, WI - Aug 6, 2008The city is issuing the bonds to refinance a short-term loan from last year that helped pay for some of the new public works facility on South Second Street …
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Peacocks Looks to Refinance DebtistockAnalyst.com, OR - Aug 6, 2008UK-based discount clothing retailer Peacocks is in preliminary negotiations with banks to refinance its debt, reported The Independent. …
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August 5th, 2008
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City running short of time to refinance debtPittsburgh Tribune-Review, PA - 22 hours agoUnusually high insurance quotes are threatening to derail a plan to refinance $77.17 million of the city's debt to generate $3 million in savings this year, …
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Chrysler refinancing falls short by $6bnFinancial Times, UK - Aug 4, 2008Late on Sunday, the vehicle maker revealed it had only been able to refinance $24bn of a $30bn one-year credit facility that was soon due to expire.
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August 5th, 2008
NEW YORK (Fortune) — The credit crisis is far from over, star analyst Meredith Whitney tells Fortune magazine in its upcoming issue. Whitney, who audaciously - and correctly - predicted last October that Citigroup ( C , Fortune 500 ) would have to Read More
Prosecutors have filed securities fraud and theft charges against Laurence Anthone, a South Seattle construction company owner accused of defrauding investors out of about $600,000. Anthone stands accused of selling space in prospective projects to Read More
Until Malcolm Glazer launched his bid for Manchester United in 2004, most readers of the financial pages would have presumed a PIK was a misspelling of something one might find down a mine. Some Manchester United fans objected to the club’s new Read More
By day, Giju John is an electrical engineer working for Intel. By night, he is king of the Hindi salsa. Or, if he happens to be visiting India, rather than Silicon Valley, vice versa. Sepia Mutiny tips us off to the full story in the San Jose Mercury Read More
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July 26th, 2008
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The Truth About the Mortgage MarketEastside Business Journal, Washington - 9 hours agoThis means that, for any Americans looking to buy, sell, or refinance a home, they are confronting a very different market from the one that existed just …
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July 26th, 2008
Hundreds of couples are facing the prospect of starting married life without their gifts after a company calling itself the “ultimate wedding list service” admitted that it was in financial difficulties and negotiating with its backers to avoid going Read More
WASHINGTON : U.S. homeowners struggling to make their house payments could get government mortgage relief under a rescue plan that seeks to revive the chaotic housing market and help reverse the economic downturn. The Senate is expected Saturday to Read More
The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac. The 80-13 test vote showed broad support Read More
WASHINGTON - The Senate cleared the last hurdle yesterday to passing a housing rescue bill aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac . The 80-13 test vote Read More
WASHINGTON — The Senate cleared the last hurdle Friday to passing a housing rescue aimed at sparing hundreds of thousands of homeowners from foreclosure and bolstering troubled mortgage giants Fannie Mae and Freddie Mac. The 80-13 test vote showed Read More
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July 22nd, 2008
Norilsk Nickel raises $1,5bn to refinance loanCreamer Media’s Mining Weekly, South Africa - 22 hours agoThe facility was used to refinance a $2,5-billion short-term facility provided by BNP Paribas and Société Générale Corporate & Investment Banking, in 2007, …
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July 22nd, 2008
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Norilsk Nickel raises $1,5bn to refinance loanCreamer Media’s Mining Weekly, South Africa - 22 hours agoThe facility was used to refinance a $2,5-billion short-term facility provided by BNP Paribas and Société Générale Corporate & Investment Banking, in 2007, …
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July 8th, 2008
Syntax-Brillian, one of several smaller LCD TV makers to use club store sales to do an end-run around the category’s traditional leaders, has filed for bankruptcy. The Tempe, Ariz.-based Olevia television and Vivitar digital camera maker, filed for Read More
WASHINGTON — With a foreclosure rescue bill facing an uncertain fate in Congress, federal regulators said today they were preparing to adopt new rules designed to curb irresponsible mortgage lending and help some struggling homeowners refinance into Read More
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July 4th, 2008
Mortgage application volume rose 3.6 percent during the week ended June 27, according to the trade group Mortgage Bankers Association’s weekly application survey. The MBA’s application index rose to 477.7 during the week, bouncing back from a year-to Read More
July 3 (Bloomberg) — Defaults on leveraged-buyout loans may rise as firms struggle to refinance about $500 billion of debt used to fund the takeovers, the Bank for International Settlements said. Companies bought by private-equity firms worldwide Read More
Early voting begins Saturday for voters in three northwest Louisiana parishes considering tax renewals or a special election July 19. Proposition 1: An annual service charge of $50 per year on residential and commercial buildings for fire protection Read More
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