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Sun Healthcare Group, Inc.: Sun Healthcare Group, Inc. Resets Interest Rate on $154 Million of Bank Term Loans at 4.1 Percent
IRVINE, CA (MARKET WIRE) Sun Healthcare Group, Inc. (NASDAQ: SUNH) today announced that variable interest rates on $154.4 million of its outstanding bank term loans were reset in late Nov. 2008 at an average nominal rate of 4.13 percent. The variable interest rates are based on LIBOR plus a spread of 200 basis points. Interest rates can generally be reset for periods of one month to six months.
Marketwire.com

Market ends in red; Sensex down 100 points
Benchmarks staged sharp recovery in the afternoon but still ended in the red after traders covered short positions in realty, power and banking space.
The Times Of India

Australia`s main stock index slides 4.2 percent
Australian stocks slumped Tuesday as weak economic data internationally reached the Asia Pacific region. The benchmark S&P/ASX200 index closed down 4.16 percent at 3,528.2 points, while the broader All Ordinaries index closed down 4.02 percent at 3,473.4....
San Francisco Chronicle

Hawaii stocks down as Dow drops 679 points
Hawaii stocks were mostly down on Monday as bad news sent the Dow Jones down 679 points. Reports that the nation is indeed in a recession and that holiday shopping sales were experiencing only modest gains prompted investors to sell stocks. (AXB) (BOH) (CPF) (MLP) (HE)
Bizjournals.com

Punch plunges after bearish forecast
London equities fell after gloomy data pointed to looming problems in retail and industry. Mining and energy stocks led the fall after data indicated the UK could be heading for a painful recession
FT.com

Australia Cuts Interest Rates by 1%, RBA Signals Easing Over
The Reserve Bank of Australia cut interest rates by a greater-than-expected 100 basis points, bringing borrowing costs to six-year low at 4.25%. As had...
Daily FX

US stocks fall sharply on consumer spending worries
Confirmation that the US is in a recession and signs pointing to a prolonged downturn sent Wall Street plunging once again today, hurtling the Dow Jones industrials down nearly 700 points and more tha...
bignewsnetwork.com

U.S. recession officially declared; Dow falls 680
WASHINGTON -- Put it in the history books: The country was officially diagnosed with a job-killing recession Monday, and woeful new evidence showed it's getting worse. Wall Street convulsed at the news, tanking 680 points, and Washington pledged even more help to try to ease the pain.
Seattle Post-Intelligencer

Manufacturers lead European share sell-off
European equities fell on Monday as the spectre of weakening demand came back into focus after manufacturing data from the eurozone and UK pointed to a deep recession
FT.com

St. Francis, Pa. defeats Morgan State 65-61.
Devin Sweetney scored 19 points and Marquis Ford added 16 for St. Francis (Pa.), which never trailed in a 65-61 victory over Morgan State on Monday night. The Red Flash (3-4) ended Morgan State's 15-game home winning streak, dating back to a two-point loss to...
San Francisco Chronicle

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