Debt Management
Debt Management News and Debt Management Information.

Hilton Hotels Corporation Agrees to Acquire Lodging Business of Hilton Group plc 
Hospitality Net - Dec 29 9:22 AM
BEVERLY HILLS, Calif. | Hilton Hotels Corporation (NYSE:HLT) (”HHC”) today announced an agreement whereby HHC will acquire the lodging assets of Hilton Group plc (known collectively as “Hilton International” or “HI”) for approximately GBP 3.30 billion (or $5.71 billion) in an all-cash transaction. This equates to a purchase price multiple of 11.3 times pro forma 2006 Adjusted EBITDA. The purchase Save to My Web

Year in review: Flap over poultry house regulations, All-America City designation top news 
Times and Democrat - 3 minutes ago
Stricter rules for commercial poultry houses set off a tempest in Orangeburg County, one of South Carolinas largest agricultural counties. The controversy leads the list of the top stories of 2005 in The T&D Region.Save to My Web

Level 3 CEO James Q. Crowe to Speak at the 16th Annual Citigroup Entertainment, Media and Telecommunications Conference 
[Press Release] PR Newswire via Yahoo! Finance - Dec 29 2:00 PM
James Q. Crowe, chief executive officer of Level 3 Communications, Inc. , will make an investor presentation at the 16th Annual Citigroup Entertainment, Media and Telecommunications Conference in Phoenix, Arizona on Monday, January 9th.Save to My Web

Oledan: Survival budget 
Sun Star - Dec 27 8:44 AM
THE budget for 2006 could be considered as a survival budget, one that reflects the priority of the national officials amidst the worsening economic and political condition. Debt servicing still remains to be the priority in the 2006 national budget.Save to My Web

Luby’s Announces First Quarter Fiscal 2006 Results 
[Press Release] PR Newswire via Yahoo! Finance - Dec 29 5:30 AM
Luby’s, Inc. today announced unaudited financial results for the first quarter fiscal 2006, which ended on November 23, 2005. Same-store sales increased 6.9% over the first quarter fiscal 2005 and the Company generated net income of $2.2 million and reduced outstanding debt by $3.5 million in the first quarter to $10.0 million.Save to My Web

Purchase of British unit to make Hilton world’s largest hotel chain
Fort Lauderdale Sun-Sentinel - Click here or call 1-877-READ-SUN. Hilton Hotels Corp. agreed to buy the lodging unit of Hilton Group PLC for $5.71 billion ( 3.3 billion) to reunite the businesses and expand outside the United States for the first time in 40 years. Hilton will

Business Watch
Louisville Courier-Journal - Kentucky’s unemployment rate rose again last month, the state reported yesterday. The November rate of 6.2 percent was up from 6.1 percent in October and well above the November 2004 rate of 4.7 percent. Kentucky was one of 25 states that reported

Choked by success, Mvela given second wind | Posted :
Mining MX - [ miningmx.com ] — INCWALA Resources CEO, Arne Frandsen, is calling his company s purchase of 23% of Mvelaphanda Resources (Mvela Resources) the first deal in the second wave of empowerment in South Africa. This is, in his words, a period of

Indian fund targets NRIs
AME Info - Indian-based Reliance Capital Asset

Companies will save selling bonds
Seattle Post Intelligencer - Almost everyone figured companies would pay a higher price in the bond market after the Federal Reserve raised interest rates 13 times since June 2004. The surprise is many U.S. corporations will save money by selling a record $740 billion of new

Champion Announces 2005 Year End and Fourth Quarter Earnings
PR Newswire (press release), NY - 12 hours ago position with total interest bearing debt to equity at our sales force and customer service team continue Operating Officer, noted, "Our management team spent

American Retirement Corporation Announces Expansion of
Business Wire (press release), CA - Dec 29, 2005 the healthcare center to enhance other service offerings for of the Company or its management, including, but risk associated with the Company's debt and lease

Hilton to Buy UK Lodging Business for $5.71 Billion (Update8)
Bloomberg - Dec 29, 2005 has been repurchasing stock and reducing debt this year. purchase of Hilton Group, Gabelli Asset Management Inc Standard & Poor's Ratings Service said today it

Stocks Under $10 Weekly Summary
TheStreet.com (subscription), NY - 16 hours ago and implements networks for wireless service providers, as in additional value for the senior management team despite cash for the purpose of debt reduction.

What to do if you re squeezed by credit-card debt
Mail Tribune, OR - Dec 25, 2005 But if you or a counseling service convinces your bank to take a partial payment on "Make it clear you don t want to go into a debt- management program until

PPT Vision Posts Disappointing Results
ManagingAutomation.com - Blaming a longer-than-expected transition to its new family of 2-D machine vision systems, PPT Vision Inc. today reported “disappointing” Q4 and year-end 2005 financial results, which, combined with ongoing liquidity issues, could require the company

The New Cooperative Movement In Venezuela s Bolivarian Process
Venezuelanalysis.com - I arrived in Caracas in July 2005 with a few contacts at different cooperatives, anxious about how I would sort through the more than 70,000 cooperatives that the Superintendencia Nacional de Cooperativas (National Superintendence of Cooperatives

Top 10 stories of 2005
North Channel Sun - In just a few short days, another year will bite the dust. My, how time did fly! But before we make our resolutions and speculate about the future of another new year, our local Observer newspaper would like to reflect on the notable events that

Some churches dispensing financial advice
Waterloo Cedar-Falls Courier - WATERLOO — Linda Bowman knows the thrill of finding an unexpected sale. Never mind that she never planned to spend money on that particular the item. If the product was cheap, cute or useful, then why not buy? But Bowman learned those unexpected

Y-Tel International Successful in $835,000 Capital Restructuring
dBusinessNews.com - South Florida: Moss & Associates Wins South East Construction Magazine’s “BEST OF 2005′’ Award for Private Building South Florida — Bob L. Moss, President of South Florida: Globetel Communications Corp. Receives Warning Letter from the American

Bulls and bears see the same signs but interpret them differently
Kansas City Star - Go ahead, be bullish. The coming year should be a good one for stocks. Sure, interest rates will go up. Inflation, too. Corporate profits won t grow quite as fast as they have been. And consumer spending could droop from a slowdown in the housing

Civic center’s director to retire
Poughkeepsie Journal - Susan DuMoulin, executive director of the Mid-Hudson Civic Center, is retiring as of Sunday after 20 years with the private, not-for-profit organization. DuMoulin, 54, said she made the decision about two months ago. “But I’ve been thinking about it

2005 In Review: The Geopolitical Game In Central Asia
Payvand Iran News - The outside world has viewed Central Asia primarily through the prism of geopolitics at least since the 19th-century struggle between the British and Russian empires for dominance in Eurasia, when the phenomenon of great powers clashing against an

Top 15 Stories of the Year
Triangle Business Journal - Automatic Millionaire Fractional Jet Ownership Credit Card Offers Credit Cards Inkjet Cartridge Auto Cheap Insurance Auto Insurance Free Auto Insurance Quote Business Opportunities Robert Allen

Pause for privatisation thought
Bangkok Post - The government’s state enterprise privatisation programme has been stalled and its future looks to be very uncertain in light of the landmark ruling by the Supreme Administrative Court to suspend the listing of Egat Plc. The court ruling has also

NFCC Consumer Tips for Repaying Holiday Debt
U.S. Newswire (press release), DC - Dec 28, 2005 counseling services carefully, before choosing help. Find out if the agency offers money management advice without signing you up for a debt repayment plan.

Merger delay costs IBP shareholders dear
Daily News & Analysis, India - Dec 29, 2005 Fixed maturity plans: Asset management companies have over rising inflation, returns from normal debt schemes can in two years, which can help investors reduce

AP Newsbreak: Top deputy resigns from state Treasury office
Boston Globe, United States - Dec 27, 2005 who served as deputy treasurer of debt management — a post similar to that held by Brooks. Rubin quit to return to political consulting and help manage the

Franklin County budget is largest ever
Hagerstown Morning Herald, MD - 17 hours ago will also pay 3.1 mills for debt service and project comes from the Pennsylvania Emergency Management Agency and Jean Byers said the federal Help America Vote

GMH Obtains $72M Fixed-Rate Debt on Two Properties
GlobeSt. com, NY - 13 hours ago The specialty REIT places approximately $42.1 million of fixed-rate debt on the It also provides property management services to third-party owners, including

Umatilla County holds off approving jail management system
EastOregonian.info (subscription), OR - 5 hours ago held off approving the purchase of a $125,000 jail management system Thursday making efforts to increase its productivity in order to eliminate debt it acquired

City Audit in on Time, Though Improvements Still Needed
Bastrop Daily Enterprise, LA - 4 hours ago Asset management - This is an almost verbatim repeat of a finding in the 2003 get approval from the Louisiana Bond Commission before it incurred a debt owed to

State debt hurts county, auditor tells St. Helena audience
St. Helena Star, CA - 17 hours ago The debt adds to an ongoing problem in which the county's reserves are shrinking. $50 million for its share of the Napa River Flood Management Project, Kindig

Consumer Credit Counseling Services Welcomes New Counselor
CarriageTradePR.com (press release) - Dec 18, 2005 clients, reviewing their paperwork and helping them make decisions about their financial futures by offering budgeting advice and debt management plans, all

Irritants legacy of past, says Musharraf
Pakistan Dawn, Pakistan - 18 hours ago speaking at the 17th annual convocation of the Lahore University of Management Sciences here. He said that the country s GDP and debt ratio was good and even

American Voices: Notable Quotes From the Week in Business
Bloomberg - 3 hours ago Joseph Betlej, fund manager at Advantus Capital Management in St. Former Refco Inc. CEO Phillip Bennett was arrested for hiding debt.

Be debt free with God's help
Staunton News Leader, VA - 11 hours ago accountant, he had not realized the importance of God's financial messages until he started teaching others the principles of Christ-centered debt management.

Jaimini Bhagwati: Is the rupee correctly priced? - I
Business Standard, India - Dec 29, 2005 In most OECD countries the functions of sovereign debt issuance and liability management are entrusted to a specialised body separate from the central bank and

IMF Executive Board Discusses the First Assessment of Eligible Countries under the Multilateral Debt Relief Initiative 
[Press Release] IMF - Dec 27 8:24 AM
On December 21, 2005 the Executive Board of the International Monetary Fund (IMF) established the list of countries that qualify for debt relief from the Fund under the Multilateral Debt Relief Initiative (MDRI). Debt relief delivery, which could start as soon as January 3, 2005, is now conditional on getting the consents of all the contributors to the Subsidy Account of the Poverty Reduction and Save to My Web

Hilton buys hotels from UK namesake 
Reuters via Yahoo! News - Dec 29 1:48 PM
Hilton Hotels Corp. on Thursday said it would buy its British namesake’s hotels for 3.3 billion pounds ($5.7 billion), in a deal that propels it into the ranks of larger rivals.Save to My Web

Peyton names Givens city Treasurer 
The Business Journal of Jacksonville - Dec 27 10:23 AM
Mayor John Peyton has named Michael R. Givens Treasurer for the city. Givens will be responsible for overseeing the city’s debt management program and the management of city funds. He will also supervise the administration of the General Employees Pension Plan.Save to My Web

My Pops May Dig Topps 
The Motley Fool - 34 minutes ago
I first learned about investing from my dad. He taught me about stocks and encouraged me and my siblings to buy Hershey (NYSE: HSY) chocolate, shop at Home Depot (NYSE: HD) , and drink Pepsi (NYSE: PEP) — all companies in which our family owned shares.Save to My Web

Q&A: Universal Health Services CEO Alan B. Miller
Forbes - Dec 29, 2005 We have hired a company that does disease management. UHS is also facing increased bad debt expense because of uninsured patients who can't pay their bills.

Middle school students learn ins and outs of biz world
Concord Monitor, NH - Dec 17, 2005 of organizations for topics like budgeting, credit, debt management and car-buying sporting a button advertising Casey's tax-preparation service, Gladstone said

State debt: Spending us into a hole
Ithaca Journal, NY - Dec 27, 2005 Taxpayers will shell out $4.3 billion just to cover the debt service. Create an independent debt management board and publish annually a realistic measure of

Fitch Rates Idaho Housing's 2005F Class I VR Bonds 'AAA/F1+'
Business Wire (press release), CA - Dec 28, 2005 of that class prior to paying debt service of the and excess reserves; a moderate debt-to-equity state housing finance agencies; and management's expertise in