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Treasury clashes with Tarp watchdog on data
US bail-out efforts are having a significant impact on some credit markets, the Treasury and Federal Reserve said, just as the watchdog for the rescue effort attacked a lack of transparency
FT

John Barry, ex-head of WD-40, dies in La Jolla (AP)
John S. Barry, the former president and chief executive of WD-40 Co. Inc., who is credited with helping turn the rust-preventer for missiles into a household brand, has died. He was 84.
yahoo.com

Union Pension Woes Help Spur Push For Forced Arbitration (Investor`s Business Daily)
A possible Senate compromise on pro-union card check legislation would strip out the card check part itself but that isn't doing much to mollify...
Market Watch

Love, marriage and your money, mortgages and credit - Abbotsford News
One of the first and possibly the largest expense newlyweds will be planning is the purchase of their home. Many financial institutions are willing to give you a mortgage, but there is research you c...
Big News Network

Sovereign wealth funds suffer sharp falls
The credit crisis has savaged the financial clout of sovereign wealth funds and forecasts for their growth have been dramatically scaled back
FT

Mexican stocks jump as CIT news eases credit fears
City of Industry, CA --(www.FinancialNewsUSA.com)-- 07/20/2009 - International industry news provided by Financial News USA. MEXICO CITY, July 20 (Reuters) - Mexican stocks jumped on Monday after news...
Big News Network

ReoStar Energy Corp. Announces Results for Fiscal Year 2009
FORT WORTH, TX--(Marketwire - July 20, 2009) - ReoStar Energy Corp. (OTCBB: REOS) today announced results of operations for the Fiscal Year (FY) ended March 31, 2009. Highlights of the Fiscal Year 2009: -- Secured a $25MM senior secured credit facility in October 2008 -- Twelve Months Oil and gas revenues increased 33% to $6.5 million versus $4.9 million for the previous year ended March 31, 2008 -- Twelve Months oil and gas production increased 35% to 124,968 BOE versus 92,193 BOE for the same period in the prior year
Market Wire

M&T Bank Q2 Earnings Plunge - Update
Monday, bank holding company M&T Bank Corporation (MTB) reported a 68% decrease in second quarter net earnings hurt primarily by increased provision for credit losses and higher impairment charges. Results were also impacted by integration expenses associated with the acquisition of Provident Bankshares Corporation.
RTT News

Downgrade before CSR move
CREDIT ratings agency Fitch has just downgraded its long-term rating on building products and sugar producer CSR Ltd by one notch.
The Australian

The Tax Implications of Forgiven Credit Card Debt
As the recession continues, more and more Americans are seeking to negotiate with the creditors to forgive their debts. However, unlike mortgage debts, forgive credit card debts can lead to serious tax problems and even IRS tax debts.
E-Zine

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Archived "business - credit card" news stories.

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November 2009
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