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business - "credit"
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Fortress goes to Hollywood with $300mWall street has given Hollywood film financing a wide berth since the onset of the credit crunch, but Fortress Investment, one of the largest publicly traded alternative investment funds, is bucking the trend to the tune of $300m FT.com Wednesday, August 06, 2008
Bull Markets Dont Rally 300 PointsWiser heads than ours are still thinking hard about the unrelenting credit troubles,...
Synergies of the unpleasant kind: recessions, credit crunches and housing bustsFrom the abstract of a new paper by Stijn Claessens, M. Ayhan Kose and Marco E...
AIG's huge 2Q loss shows credit market woes lingerAmerican International Group Inc. posted its third straight quarterly loss, a rude awakening to investors hoping that troubles in the insurer's mortgage market investments were starting to level off. Shares of AIG fell nearly 8 percent in after-hours trading....
Big banks seek to limit their own risksIn the wake of the credit crisis, the world's largest banks are calling for dramatic revisions to the securitisation and derivatives industries
Credit Acceptance Announces Second Quarter 2008 Earnings (PrimeNewswire)SOUTHFIELD, Mich., Aug. 6, 2008 -- credit Acceptance Corporation announced consolidated net income of $10.3 million, or $0.33 per diluted share, for the three months ended June 30, 2008 compared to consolidated net income of $12.3 million, or $0.39 per diluted share, for the same period in 2007.
Market rises on Cisco outlook and drop in oil (Reuters)Stocks rose on Wednesday, building on the previous day's big gains, as a further drop in oil prices and a reassuring outlook from Cisco Systems overshadowed persistent credit concerns.
Syncora Holdings closes transaction with XL CapitalSyncora Holdings, a holding company whose operating subsidiaries provide financial guarantee insurance, reinsurance, and other credit enhancement products, has closed the previously announced transactions with XL Capital pursuant to the master commutation, release and restructuring agreement announced earlier.
FSA reiterates call for firms to treat customers fairlyThe UK Financial services Authority has reiterated its call for mortgage lenders to ensure that they are treating customers fairly in the current market conditions as its latest review finds weaknesses in the way some lenders are handling arrears and repossessions, particularly for consumers with impaired credit histories.
Commerce Bank offers new range of credit cardsCommerce bank has launched Simply Flexible, Easy Rewards Platinum and Cash Rewards Platinum credit cards. Banking Business Review Wednesday, August 06, 2008
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Archived "business - credit" news stories.
 Available news archives.
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