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Latest Late-2000s financial crisis Stories

2014-07-30 12:21:27

CORPUS CHRISTI, Texas, July 30, 2014 /PRNewswire/ -- Yesterday, Texas lawyer Bob Hilliard, one of the nation's key players in pursuing claims against General Motors for deaths and injuries caused by faulty ignition switches, filed a lawsuit on behalf of 658 individuals who were injured or killed in GM's defective vehicles. Mr. Hilliard's lawsuit is filed in the United States Southern District Court of New York where the General Motors, LLC Ignition Switch Multi District Litigation...

2014-07-26 23:02:04

Debt Consolidation USA explains in a recent article published last July 23, 2014 how getting a house is not always a good idea. The article shares some tips to know when consumers are getting way in over their head with a house purchase. Los Angeles-Long Beach, CA (PRWEB) July 26, 2014 Debt Consolidation USA explains in a recent article published last July 23, 2014 how getting a house is not always a good idea. The article titled “Here’s The Truth: Buying A House Is Not Always A Good...

2014-07-16 12:24:55

FORT LAUDERDALE, Fla., July 16, 2014 /PRNewswire/ -- The Singing Machine Company ("Singing Machine" or the "Company") (OTCQB: SMDM) has entered into an agreement for senior secured financing with PNC Bank, N.A. ("PNC"). Under the agreement ("PNC Facility"), PNC will provide the Company with up to $15 million dollars in asset-based lending during the Company's peak shipping season and reduce to $7.5 million from January 1 to July 31. The PNC Facility is for three years and provides...

2014-07-15 08:29:27

BURLINGTON, Mass., July 15, 2014 /PRNewswire/ -- inVentiv Health, a life science knowledge and services company, announced today that it has initiated a series of capital market transactions to fund continued growth. The transactions will extend debt maturities and substantially reduce cash interest expense. Funds affiliated with Thomas H. Lee Partners, L.P. and other existing investors will invest an additional $50 million of capital in inVentiv in connection with these...

2014-07-14 16:21:58

Transaction Increases Partnership's Access to Liquidity, Serves to Reduce Borrowing Costs INDIANAPOLIS, July 14, 2014 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") today announced the successful completion of an amendment and restatement of its revolving credit agreement. The amended agreement, which is comprised of a syndicate of banks with commitments of $1.0 billion, matures in July 2019. Additionally, the amendment...

2014-06-30 12:26:53

Columbia Business School study says analysts' concerns about fair value accounting clouded the already murky waters, fueling the crisis NEW YORK, June 30, 2014 /PRNewswire/ -- Widespread finger-pointing in the fallout from the 2008-2009 financial crisis is only exacerbated by the continuing legal battles between the big banks and SEC. Fair value accounting (FVA) is often cast as the culprit for accelerating the economic downturn, but a new study from Columbia Business School, published in the...

2014-06-25 23:06:06

ReportsnReports.com offers "Ultra HNWIs in South Africa 2014 ", "HNWI Asset Allocation in South Africa 2014", "Challenges and Opportunities for the Wealth Sector in South Africa 2014" and "High Net Worth trends in South Africa 2014" market research reports in its store. Dallas, Texas (PRWEB) June 25, 2014 Ultra HNWIs in South Africa 2014 market research report says there were 581 UHNWIs in South Africa in 2013, with an average per capita wealth of...

2014-06-24 12:30:33

The Tower at PNC Plaza Reflects PNC's Continued Leadership in Green Building PITTSBURGH, June 24, 2014 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today celebrated the topping off of its new global headquarters, The Tower at PNC Plaza. Officials, labor dignitaries, construction workers, PNC's employees and project partners gathered to sign the final steel beam before it was placed atop the building structure. The 33-story, 800,000-square foot tower is...

2014-06-23 08:21:40

U.S. is now world's second largest market, overtaken by China in 2009 NEW YORK, June 23, 2014 /PRNewswire/ -- Capital Projects & Infrastructure spending in the United States (U.S.) is expected to be $1 trillion annually by 2025, growing by an average of just over 3.5 percent a year, according to new analysis from PwC titled Capital project and infrastructure spending: Outlook to 2025. Currently, the U.S. is the world's second largest market, having been overtaken by China in...

2014-06-19 08:26:46

- PineBridge Investments' Mid-Year Investment Outlook sees global economy as promising, with fundamentals returning to "normal" in developed world NEW YORK, June 19, 2014 /PRNewswire/ -- PineBridge Investments ("PineBridge"), a leading global multi-asset class investment manager, today released its Investment Outlook 2014 Mid-Year Update, which finds that through the first half of 2014 the global economy is looking more promising than predicted at the start of the year, with...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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