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- HK shares close up 3 percent after Obama win - Forbes
HONG KONG, Nov 5 (Reuters) - Hong Kong shares pared early sharp gains to close 3.2 percent higher on Wednesday after the initial euphoria over a Barack Obama win gave way to concerns over a looming recession in the world's largest economy. 'I reckon ...
www.forbes.com - Sprint Nextel Amends Terms of Credit Agreements (Centre Daily Times)
Sprint Nextel Corp. (NYSE:S) today announced that it has amended the terms of its credit agreement originally entered into on December 19, 2005. The amended credit agreement provides a $4.5 billion revolving credit facility, replacing the $6 billion revolving credit facility. The company also paid down $1.0 billion of the outstanding loan amount under the amended credit agreement.
www.centredaily.com - Citi to modify $20 billion in home loans - CNNMoney.com
Citi to modify $20 billion in home loans CNNMoney.com - 23 hours ago A new program aimed at homeowners who haven't defaulted yet could help 130000 mortgage borrowers stay in their homes. By Les Christie, CNNMoney.com staff ... Citi to Modify Terms for US Mortgages Wall Street Journal Blogs Another Big Bank Moves to Assist Homeowners and Itself MortgageNewsDaily.com AP Top News at 9:55 am EST Insurance News Net (press release) all 227 news articles
money.cnn.com - (AFX UK Focus) 2008-11-03 14:30 UPDATE 1-GMAC sells reinsurance unit to Maiden Holdings (Interactive Investor)
NEW YORK, Nov 3 (Reuters) - GMAC LLC, the money-losing finance company, has sold the reinsurance operations of its GMAC Insurance unit to Maiden Holdings Ltd, the Bermuda-based reinsurer said on Monday. Terms were not disclosed, but Maiden said that to help fund the transaction it plans to raise $260 million of equity from a rights offering to shareholders. Maiden said it will assume $750 ...
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