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2011-07-26 16:04:00

CINCINNATI, July 26, 2011 /PRNewswire-FirstCall/ -- Chiquita Brands International, Inc. (NYSE: CQB) today announced the successful completion of the previously announced refinancing of a portion of its capital structure. The related transactions described below reduce the company's interest expense, extend debt maturities and add operating flexibility. The company expects at current rates to save approximately $11 million in annual interest costs in the first year following the...

2011-07-26 07:00:00

AUBURN HILLS, Mich., July 26, 2011 /PRNewswire/ -- Net Revenues in Q2 2011 were $13.7 billion, up 30 percent from $10.5 billion in Q2 2010 Net Loss reported for Q2 2011 totaled $370 million compared to a Net Loss of $172 million in Q2 2010; excluding a non-recurring $551 million charge on the extinguishment of debt, Adjusted Net Income(a) in Q2 2011 totaled $181 million Modified Operating Profit(b) increased to $507 million in Q2 2011 (3.7 percent of Net Revenues), from $183 million...

2011-07-25 11:00:00

DETROIT, July 25, 2011 /PRNewswire/ -- For some consumers, issues such as credit, household budgets, banking and investing can be challenging topics, especially if they don't know where to go for guidance. Ally Financial Inc. has launched a new financial literacy program-Ally Wallet Wise--that can help take some of the unknown out of personal finance. (Logo: http://photos.prnewswire.com/prnh/20110725/DE40707LOGO ) Ally Wallet Wise offers community-based, in-person sessions, as well as...

2011-06-23 16:29:00

WASHINGTON, June 23,2011 /PRNewswire/ -- The Export-Import Bank of the United States (Ex-Im Bank) reached a new milestone this month when the 1,000th small business customer joined the list of first-time users of the Bank's export finance products as part of its Global Access for Small Business (Global Access) program. Serverlift, located in Phoenix, Ariz., helped bring Ex-Im Bank one step closer to achieving its goal of adding 5,000 new small business customers by 2015 - a central feature...

2011-06-13 07:30:00

DETROIT, June 13, 2011 /PRNewswire/ -- Ally Financial Inc. (Ally) has been named the exclusive sponsor of TIME Dealer of the Year. (Logo: http://photos.prnewswire.com/prnh/20110609/DE17177LOGO-c ) The TIME Dealer of the Year program, heading into its 43rd year, is one of the automobile industry's most prestigious awards for new car dealers. Recipients are among the nation's most successful auto dealers who also demonstrate a long-standing commitment to community service. "Automobile...

2011-06-09 11:44:00

ENGLEWOOD CLIFFS, N.J., June 9, 2011 /PRNewswire/ -- Maserati North America has selected Ally Financial to be its official preferred financing provider for Maserati vehicles in the U.S. and Canada. Ally Financial will offer wholesale financing and insurance for dealers, and retail financing and leasing for consumers. (Photo: http://photos.prnewswire.com/prnh/20110609/DE17177-a ) (Logo: http://photos.prnewswire.com/prnh/20110609/DE17177LOGO-b ) (Logo:...

2011-06-09 09:08:00

AUBURN HILLS, Mich., June 9, 2011 /PRNewswire/ -- Cash donation helps AmeriCares U.S. Disaster Relief Fund aid survivors of recent tornadoes and floods across the country The Chrysler Foundation, the philanthropic arm of Chrysler Group LLC, today announced a donation of $50,000 to aid families displaced from their homes as a result of the large number of recent natural disasters hitting many states across the country. The donation will support AmeriCares U.S. Disaster Relief Fund which...

2011-06-07 09:53:00

WASHINGTON, June 7, 2011 /PRNewswire-USNewswire/ -- Memorial Day signaled the unofficial start to summer, meaning Americans are hitting the road again. With gas prices recently reaching $4 per gallon, drivers are anxious about how much of their disposable income they will need for transportation. (LOGO: http://photos.prnewswire.com/prnh/20091118/AFSALOGO) As in years past, many car shoppers are considering smaller, fuel efficient vehicles to help keep their gas expenses down. As they...

2011-06-03 10:02:00

ALEXANDRIA, Va., June 3, 2011 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life science and healthcare services companies, today announced that it provided a $13.9 million credit facility to affiliates of Landmark Health Solutions LLC ("Landmark"). The financing package included a $10.9 million senior secured term loan and a $3 million revolving line of credit. Landmark utilized the proceeds from Oxford to refinance existing debt and...

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2011-05-27 13:45:00

More than 36 million Americans are unfit to be driving on US roads and would fail a driving test if they were asked to take one today, according to a new survey by GMAC Insurance. The 2011 GMAC Insurance National Drivers Test survey, released today, revealed that 1 in 5 drivers -- roughly 18 percent of Americans -- on the road do not meet the basic requirements to get a driver's license. Even though those results may be shocking, it is actually an improvement over last year's numbers, when...


Word of the Day
bodacious
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'
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