Debt Management
Debt Management News and Debt Management Information.

AstraZeneca ups FY core EPS guidance as Q2 sales, pretax beat - Forbes
LONDON (Thomson Financial) - AstraZeneca Plc. said it remains on track to achieve increased financial targets for the year after it beat estimates with a brisk rise in second-quarter sales and pretax profits, driven by currency movements, operational

Aozora Posts Sharply Lower Results - Wall Street Journal
TOKYO — Aozora Bank Ltd.’s net profit for its fiscal first quarter fell 75%, rocked by turbulent global markets. But a clampdown on costs and steady progress in its core-lending business are helping the Japanese bank repair the damage caused by its

Republic of Italy files $10 bln debt, warrant offering - Reuters
July 29 (Reuters) - Republic of Italy said on Tuesday it may periodically sell up to $10 billion in debt securities or warrants. The Italian government said it intends to use the proceeds for general government purposes, including debt management

Goodyear Reports Strong Second Quarter and First Half Results - MSN MoneyCentral
AKRON, Ohio , July 31 /PRNewswire-FirstCall/ — The Goodyear Tire & Rubber Company GT today reported record second quarter sales driven by the performance of its international businesses. (Logo: http://www.newscom.com/cgi-bin/prnh/20050204/GTLOGO

Deutsche Bank Profit Declines 64% on Debt Writedowns (Update2) - Bloomberg
July 31 (Bloomberg) — Deutsche Bank AG , Germany’s largest bank, said second-quarter profit fell 64 percent as 2.3 billion euros ($3.6 billion) in writedowns led to a second straight loss at its securities unit. Net income declined to 649 million

American Capital Invests in Affordable Care for Add-On Acquisition - Forbes
BETHESDA, Md., July 25 /PRNewswire-FirstCall/ — American Capital, Ltd. (Nasdaq: ACAS) announced today that in June it invested in its portfolio company Affordable Care, Inc. to support the acquisition of a management services platform supporting

Relievers owe a debt to Holtzman’s baseball vision - ESPN.com
I don’t know if Jerome Holtzman was larger than life, but I do know life is smaller without him. Chicago Tribune Jerome Holtzman with former Cubs manager Don Zimmer in 1989. He died last Saturday after an extra-inning illness, was buried this past

Credit Counseling Services - AOL
If you’re unable to pay off your debts using a debt-repayment plan or are overwhelmed by the amount of debt you owe, you may wish to obtain credit counseling. Credit counseling is an affordable service aimed at helping consumers improve their debt

Neuberger sale wouldn’t crunch Lehman debt ratings - Reuters
NEW YORK, July 25 (Reuters) - If Lehman Brothers Holdings Inc (LEH.N: Quote , Profile , Research , Stock Buzz ) were to sell its asset management business, any impact on its debt ratings would likely be minimal, analysts at Fitch Ratings and Moody’s

Vonage to get new CEO - CNET News
Internet phone company Vonage will name a new chief executive as early as next week, according to a story published in The Wall Street Journal Friday. The newspaper cited people familiar with the situation. The news comes as Vonage secures funding to

Fannie, Freddie Find Housing Bill Leans Toward Rescue (Update4) - Bloomberg
July 28 (Bloomberg) — Bank of America Corp. , JPMorgan Chase and Co. , Treasury Secretary Henry Paulson and Pacific Investment Management Co.’s Bill Gross are winners in the housing-bailout bill Congress passed last week. Losers in the bill include

Merrill Prices Share Offering at $22.50 - CNBC
MER Loading ( ) ] said on Monday it was selling $8.5 billion of shares to help replenish capital after unloading more than $30.6 billion of repackaged debt at a fire sale price.

Market Report — Story Stocks (MER) - MSN MoneyCentral
After leading financial stocks appreciably lower in yesterday’s action, investment services firm Merrill Lynch (MER 24.33) announced further initiatives to reduce its risk exposure and increase its capital position. The sale of collateralized debt

Debt management services Help when you are in Massive Debts - Best Syndication
Financial terms have remained jargon for many of us. Whenever the topic of finance is discussed, it is important to note that everyone’s situation is analysed in a different ramification. One’s financial situation is different from the other and

The household debt factor in Malaysian interest rates - Edge Daily
Bank Negara Malaysia s (BNM) decision last Friday to keep the key overnight policy rate (OPR) unchanged at 3.5% sparked off some debate and controversy among economists. The OPR has been kept unchanged at 3.5% since May 2006 and the central bank

Is an IVA Best for me? - Best Syndication
The credit crunch and rising food and energy prices mean that people in debt can’ afford all their bills, if they own their own home it is probabaly worth less than what they owe and they can’t get a loan to see them through the short-term

UniCredit deputy looks to Italy - Financial Times
Sergio Ermotti should be among the small band of bankers who are feeling upbeat. The deputy chief executive of UniCredit , who has responsibility for the Italian banking giant s investment, corporate and private banking divisions, has weathered the

Merged STM and NXP Wireless Business Could Fly - BusinessWeek
STMicroelectronics and NXP are merging their wireless semiconductor businesses into a joint venture that could help the two European chipmakers better compete against U.S. players Qualcomm and Texas Instruments in this fast growing segment of the

Making Peace With Your Plastic - Wall Street Journal
In tough economic times like these, reliance on credit cards tends to grow, as evidenced by the 7% annual rise in U.S. household credit-card debt in May. But it’s in times like these that we should take more care than ever. This serves as a note to

Neuberger sale wouldn’t crunch Lehman debt ratings - Reuters
NEW YORK, July 25 (Reuters) - If Lehman Brothers Holdings Inc (LEH.N: Quote , Profile , Research , Stock Buzz ) were to sell its asset management business, any impact on its debt ratings would likely be minimal, analysts at Fitch Ratings and Moody’s

Irish debt up 4.4pc as tax receipts below forecast - Independent
Dr Michael Somers, NTMA chief executive, said the annual interest bill is now 3.4pc of tax revenue, compared to nearly 24pc when the treasury management agency started Merrion defers out in 1990 IRELAND’S national debt will rise by 4.4pc in 2007 to

Relievers owe a debt to Holtzman’s baseball vision - ESPN.com
I don’t know if Jerome Holtzman was larger than life, but I do know life is smaller without him. Chicago Tribune Jerome Holtzman with former Cubs manager Don Zimmer in 1989. He died last Saturday after an extra-inning illness, was buried this past

Vonage to get new CEO - CNET News
Internet phone company Vonage will name a new chief executive as early as next week, according to a story published in The Wall Street Journal Friday. The newspaper cited people familiar with the situation. The news comes as Vonage secures funding to

East Hampton Reels as Billionaire Town Floats Debt (Update2) - Bloomberg
July 25 (Bloomberg) — East Hampton, New York, where billionaire Ron Baron paid $103 million for an oceanfront estate last year, may have to borrow to close a deficit, as even the richest towns get pinched by rising costs and lower revenue. The Long

Viad Corp Announces Second Quarter Results Income from Continuing - CNBC
PHOENIX, Jul 25, 2008 (BUSINESS WIRE) — Viad Corp (NYSE:VVI) today announced second quarter 2008 revenue of $277.2 million, segment operating income of $21.1 million and income from continuing operations of $13.1 million, or $0.63 per diluted share

Sprint Nextel sells cell towers to reduce debt - CNET News
Sprint Nextel is selling more than 3,000 cell phone towers in a deal that will bring in $670 million in cash for the beleaguered wireless operator. Sprint Nextel announced Wednesday that it plans to sell most of its cell phone towers to TowerCo

How to Tell if It’s Good Debt or Bad - Street.Com
The economy is struggling, and consumer debt is at an all-time high. Total consumer credit reached nearly $2.6 trillion in May, according to preliminary numbers released earlier this month by the Federal Reserve Board –and that sum excludes loans

Rim Semiconductor Cuts Debt - TMCnet
before, and who continue to show support for our long-term growth.” Workforce Management: At the Heart of the Contact Center Learn more, download free white paper. The Modern Contact Center and Workforce Management s Vital Role Learn more, download

National Australia Bank writes off $798 million over U.S. mortgage - International Herald Tribune
SYDNEY : National Australia Bank, the top lender in the nation, booked another 830 million Australian dollars, or $798 million, in losses from its exposure to U.S. mortgages, sending its shares down as much as 13 percent. NAB blamed the worsening

Ikon Office Solutions outlook raised on improved financial profile - S - Forbes
MUMBAI (Thomson Financial) - Standard & Poor’s Ratings Services said it revised its outlook on Ikon Office Solutions Inc. to stable from negative, citing the document management systems provider’s improved financial profile following recent debt cuts

Water groups seek more power over non-payers - Times Online
Water companies are pressing the Government to give them more powers to tackle unpaid water bills amid fears that bad debt will rise as the economic situation worsens. They want the Government to use the forthcoming Floods and Water Bill to make it

Economy.com | Rising Household Debt, Defaults Straining U.S. Economy - Miami Herald
WEST CHESTER, Pa, July 23 U.S. household finances are deteriorating rapidly under the strain of increased debt and falling home prices, threatening the health of the U.S. economy, according to a new research from Moody”s Economy.com, a division

Patientline collapses into administration - Times Online
Patientline, the hospital entertainment provider, today filed for administration and sold its UK subsidiary to Hospedia, a newly incorporated company. Patientline said today that, after working with its lenders to find a resolution to its level of

Relievers owe a debt to Holtzman’s baseball vision - ESPN.com
I don’t know if Jerome Holtzman was larger than life, but I do know life is smaller without him. Chicago Tribune Jerome Holtzman with former Cubs manager Don Zimmer in 1989. He died last Saturday after an extra-inning illness, was buried this past

How to Tell if It’s Good Debt or Bad - Street.Com
The economy is struggling, and consumer debt is at an all-time high. Total consumer credit reached nearly $2.6 trillion in May, according to preliminary numbers released earlier this month by the Federal Reserve Board –and that sum excludes loans

Grads Can Find Relief With Loan Forgiveness - Wall Street Journal
College graduates who are saddled with student-loan debt can make a simple plea: Forgive me. The average debt for students graduating from four-year colleges was roughly $20,000 for 2006, the latest year for which numbers are available. But graduates

Viad Corp Announces Second Quarter Results - MSN MoneyCentral
(A) For operating margins, the change from the prior year period is presented in basis points. (B) Income before other items is defined by Viad as income from continuing operations before the after-tax effects of impairment losses/recoveries

U.K. Inflation-Protected Bonds Draw Record-Low Demand (Update1) - Bloomberg
July 24 (Bloomberg) — Demand at a sale of U.K. inflation- protected bonds fell to an all-time low as the prospect of a recession in Europe’s second-biggest economy deterred buyers. Investors bid for 1.2 times the 1.05 billion pounds ($2.1 billion

Station seeks to identify bond holders, fans talk of swap/buyback just - Financial Times
Less than nine months after Station Casinos completed a management buyout, the casino operator appears to be preparing a debt workout. The Nevada-based gaming company sent a letter to owners of its senior subordinated bonds last week asking them to

Sprint Nextel sells cell towers to reduce debt - CNET News
Sprint Nextel is selling more than 3,000 cell phone towers in a deal that will bring in $670 million in cash for the beleaguered wireless operator. Sprint Nextel announced Wednesday that it plans to sell most of its cell phone towers to TowerCo

Economy.com | Rising Household Debt, Defaults Straining US Economy - Miami Herald
WEST CHESTER, Pa, July 23 U.S. household finances are deteriorating rapidly under the strain of increased debt and falling home prices, threatening the health of the U.S. economy, according to a new research from Moody”s Economy.com, a division

Stocks Under $10 Weekly Summary - Street.Com
The major indices finished the week mixed, as declining energy prices were offset by lackluster earnings reports from American Express (AXP:NYSE) and several large-cap tech companies. Recent economic data were weak overall as unemployment filings

Credit-Card Debt Snaring More High-Income People - CNBC
An attorney with a six-figure salary, Will Chen thought credit card debt was something that only affected people with low-paying jobs. But when the lavish spending inspired by his new job outpaced his paychecks, he quickly fell $100,000 into debt

Wall St Week Ahead: Jobs, oil and earnings to call stocks’ tune - Guardian Unlimited
NEW YORK, July 25 (Reuters) - U.S. stock investors will sift through reams of economic reports, including July payrolls and second-quarter gross domestic product, as they search for catalysts next week that could trigger a recovery on Wall Street

Read all ‘”Vonage”‘ posts in News Blog - CNET News
Internet phone company Vonage will name a new chief executive as early as next week, according to a story published in the Wall Street Journal Friday. The newspaper cited people familiar with the situation. The news comes as Vonage secures funding to

Financial Winners & Losers: Regions - Street.Com
Financial stocks were sliding again Friday, as continued bad news from the housing market contributed to taking the shine off largely better-than-expected second-quarter earnings reports over the past two weeks. A report from the Commerce Department