business - "credit"

NEW YORK (MarketWatch) -- Shares of Lehman Brothers Holdings Inc. rose as much as 7% in midday trading after Reuters reported that bond fund manager Loomis Sayles has been buying Lehman debt over the past several days and is convinced the bank's credit is solid. 'The credit is good at Lehman,' Dan Fuss, vice chairman of Loomis Sayles and co-manager of the $18 billion Loomis Sayles Bond Fund, told Reuters. 'We have no hesitation whatsoever at all in dealing with Lehman.' Fuss said he considered Lehman shares to be 'dirt cheap' after the bank's stock price fell nearly 18% over the last three trading days, Reuters said. Lehman shares were also up on reports that Merrill Lynch and Co. had upgraded Lehman to a buy after analysts said concerns about the bank's capital have been exagerrated.

Strong mining projects seen as safest investments

American Express CEO Kenneth Chenault said Wednesday he still expected the credit card company to deliver earnings growth of 4% to 6% this year, even amid rising credit losses.

As a nation we're in the dark about our finances, according to new research released by CreditExpert.co.uk.

A fall in property prices of around 10 per cent by the end of 2009 will slow Britain's growth rate significantly and make the economy more vulnerable than most to the global credit crisis

Mr Button added: 'Our approach to the credit union market is very similar to Allied Solutions. Our goal always has been to provide the best products and services for our clients...

The Central Bee Research and Training Institute in Pune, India, has been credited for producing Royal Jelly, a variety of highly valued honey.

Bob Gibson, 381st Training Group Vandenberg Air Force Base; Dallis Widick, CoastHills Federal credit Union; Irena Van Der Heijden, Vandenberg AFB; Jaime Marks, Rabobank; Jody Taylor, Lompoc Family YMCA; and John Keth, The Party Shop...

People are tending to be a little more cautious in their spending, said Michael Gordy, vice president of lending at Secu credit Union, the largest state-chartered credit union in Maryland. The volume in the transactions hasn t been as great as it has been in the past. ...

Under fire for the high ratings they awarded to subprime mortgage securities, three large credit rating firms are close to announcing a broad deal with the New York attorney general.