Latest Late-2000s financial crisis Stories
LONDON, May 19, 2013 /PRNewswire/ -- This month's 2.1% (+GBP5,135) rise has left the national average just shy of a quarter of a million pounds at GBP249,841, surpassing the previous record by GBP3,606, according to Rightmove's House Price Index. [http://www.rightmove.co.uk/news/house-price-index ] London, the South East and East Anglia have also hit all-time highs, with buyers in the capital facing average asking prices in excess of GBP500,000 for the first time. Miles...
Trends in the suicide rate tend to rise and fall with the economy. Loans.org spoke with experts to get a sense of why those in debt are more prone to suicide. Rancho Cucamonga, CA (PRWEB) May 08, 2013 Through interviews with psychiatrists, lawyers, rehabilitation facility owners and people who experience the financial crisis first hand, loans.org explored the link between mounting personal loan debts and depression and suicide. Between 1999 and 2010, the suicide rate among 35- to...
STAMFORD, Conn., May 3, 2013 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, the "Company" or "Charter") today announced that its subsidiaries, CCO Holdings, LLC and CCO Holdings Capital Corp., have closed on the public sale of $1 billion in aggregate principal amount of senior unsecured notes due in 2024 (the "Notes"). The Notes bear an interest rate of 5.750 percent per annum and were issued at par. (Logo:...
NEW YORK, May 1, 2013 /PRNewswire/ -- First quarter 2013 net income of $1.1 billion Core pre-tax income, excluding repositioning items, of $207 million Completed sale of majority of international businesses; proceeds from Canada generated approximately $900 million gain on sale Auto: U.S. earning assets up 13 percent; U.S. net financing revenue up 23 percent year-over-year Ally Bank: Highest quarterly retail deposit growth in four years, year-over-year growth of 32 percent...
CHADDS FORD, Pa., April 22, 2013 /PRNewswire/ -- Flagship Credit Acceptance LLC ("Flagship"), a leading national indirect automobile finance company, today announced that it has completed an asset-backed securitization of $222 million of Notes in a transaction that closed on April 18, 2013. The Notes were issued in four tranches and were assigned ratings by Standard & Poor's Ratings Services and Kroll Bond Rating Agency. This is the Company's second asset-backed securitization....
HARRISBURG, Pa., April 12, 2013 /PRNewswire-USNewswire/ -- The Department of Banking and Securities issued 27 public enforcement orders during the first quarter of 2013, which included fines in the amount of $224,700 and reimbursement of investigative costs of $11,500: Three Cease and Desist orders issued against companies for violations of the Pennsylvania Securities Act of 1972; Two Cease and Desist orders issued against companies for violations of the Mortgage Licensing Act...
NEW YORK, April 10, 2013 /PRNewswire/ -- OppenheimerFunds was granted summary judgment on a claim for over $700 million brought by a group of banks. The banks--through subsidiaries--invested over $1 billion in a special-purpose vehicle called AAArdvark Funding Limited IV, which was managed by OppenheimerFunds. The banks claimed that OppenheimerFunds committed fraud and breached various provisions of the relevant contracts in order to induce the banks to continue funding during...
The looming threat of Europe - Get the inside scoop from world renowned financial advisors NEWPORT BEACH, Calif., April 10, 2013 /PRNewswire/ -- On Wed., April 10, Dr. Barry Eichengreen will be the Guest Expert on "Market Wrap with Moe Ansari," a nationally syndicated radio show that analyzes Wall Street news and provides insight into the complexities of the stock market. Tune in with Moe Ansari and Dr. Eichengreen from 5 p.m. to 6 p.m. PDT on KPSA AM 1510 in Orange County as Dr....
Company continues to expand reach to below-prime consumers through dealer partners and CarFinance.com IRVINE, Calif., April 1, 2013 /PRNewswire/ -- CarFinance Capital LLC announced that it has renewed and increased its warehouse credit facility from $200 to $300 million. The increased credit line, which is provided by Deutsche Bank and Credit Suisse, further bolsters the Company's ongoing mission of helping the growing population of credit-challenged car buyers, who account for over...
Lower-risk operating plan, less capital intensive and sustainable financing plan for Atlatsa JOHANNESBURG, March 27, 2013 /PRNewswire/ - Atlatsa Resources Corporation (Atlatsa or the Company) (TSXV: ATL; NYSE MKT: ATL; JSE: ATL) is pleased to announce that, together with Anglo American Platinum (Anglo Platinum), the parties have entered into definitive agreements to implement a revised restructure, recapitalization and refinancing plan for Atlatsa and the Bokoni group of...
