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business - "credit"
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Stocks end mostly lower amid debate over bailout (AP)AP - Tension grew in the financial markets Wednesday, sending most stocks moderately lower as investors worried about the effectiveness of a still-emerging government plan to rescue banks from crippling debt. The credit markets also showed added strain, with demand rising for short-term Treasury bills, considered the safest of investments. yahoo.com Wednesday, September 24, 2008
Credit crunch freezes hiring, expansionAfter 41 years in business, Hull Printing shut down its printing presses for good in March, laying off 19 workers and closing one of the oldest family-run businesses in Barre, Vt. The catalyst: Hull Printing's bank slashed its line of credit, kicking off a death spiral that led to the company's collapse. CNN Money Wednesday, September 24, 2008
Financial Federal 4Q profit fell 5 percent (AP)Financial services firm Financial Federal Corp. said Wednesday its fiscal fourth-quarter earnings fell 5 percent after it set aside money to cover credit losses. yahoo.com Wednesday, September 24, 2008
Buffett likens financial crisis to Pearl HarborWarren Buffett, the billionaire investor who foresaw the credit crisis, described the turmoil in the financial markets an "economic Pearl Harbor" that required immediate action by politicians. Pi... The UK News Wednesday, September 24, 2008
WaMu rating falls further on split-up concernsWashington Mutual's credit rating fell deeper into junk territory on Wednesday amid growing concerns that a sale of the embattled bank could split it into pieces FT.com Wednesday, September 24, 2008
Affinia Group: Affinia Announces Suspending Refinancing Plans Due to Current Market ConditionsANN ARBOR, MI (MARKET WIRE) Affinia Group Inc., a global leader in the on- and off-highway replacement products and service industry, announced today that it will suspend its previously- announced plans to syndicate a $340 million asset-based revolving credit facility (the 'ABL Revolver') and to offer an aggregate principal amount of up to $200 million of senior secured notes (the 'Notes') in a private placement. Market Wire Wednesday, September 24, 2008
Jennifer Openshaw: The 15-Minute Tip: Four credit fairness laws you should knowUnderstanding the laws that govern credit practices can go a long way to help consumers who are working to solve their credit issues. MarketWatch.com Wednesday, September 24, 2008
Credit Suisse wins investment firm license in BahrainSwiss financial services company credit Suisse has won a license to set up operations in Bahrain. The license will enable the bank to open a branch in Manama, thus further expanding its footprint in the Middle East. Banking Business Review Wednesday, September 24, 2008
Stocks End Little Changed Amid Bailout Bill DebateNEW YORK (AP) - Tension grew in the financial markets Wednesday, sending stocks mostly lower as investors worried about the effectiveness of a still-emerging government plan to rescue banks from crippling debt. The credit markets also showed added strain, with rising demand for short-term Treasury bills, considered the safest of investments.... Hispanic Business Wednesday, September 24, 2008
Credit Crunch What Credit CrunchBased on data from the St. Louis Fed, Total Consumer credit Outstanding reached an... mrswing.com Wednesday, September 24, 2008
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Archived "business - credit" news stories.
Available news archives.
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