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CEO Dan Akerson: GM expects to rejoin S&P 500
Detroit Free PressGeneral Motors CEO Dan Akerson expects the automaker to soon regain its investment-grade credit rating and rejoin the Standard & Poor's 500 about four years after being removed from the index. Akerson planned to say at the Notre Dame Mendoza College...Tags: Manufacturing and Engineering, Stock Market, Credit Ratings, S&P 500, Automotive Equipment
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Burbank scores 'AAA' S&P credit rating
Burbank received a “AAA” credit rating this month from Standard & Poor’s, which cited the city’s “strong local economy and steady tax base growth.” City officials were pleased with the score, which is the highest...Tags: Finance, Manufacturing and Engineering, Economy, Business and Finance, Credit Ratings, Automotive Equipment
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Columbus wants voters to OK $800 million bond issue
The Columbus DispatchColumbus plans to seek voter approval of a bond package in the Nov. 5 election to pay for infrastructure improvements without raising taxes. City Auditor Hugh J. Dorrian said he estimates the city will ask voters to approve an $800 million bond package,...Tags: Finance, Taxation, Personal Income, Economy, Business and Finance, Credit Ratings
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Columbus will benefit in bond buyback
The Columbus DispatchColumbus plans to refinance about $369 million in federally subsidized Build America Bonds, a decision that will stick bondholders with losses but save the city millions in interest and fees. The city plans to execute the buyback on May 29 and has...Tags: State Farm Insurance, Finance, Barack Obama, Economy, Business and Finance, Credit Ratings
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Citi to keep focus on wealthy clients, consumer finance
The Bangkok PostCitibank Thailand will maintain its focus on consumer finance and wealth management even as its peers are looking to expand into wholesale banking. N. Rajashekaren, country business manager of Citi Thailand, said the bank's operating results are...Tags: Finance, Thailand, Citigroup Incorporated, Financial Markets, Credit Ratings
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Sukuk success for Saudi firms
Arab News, Jeddah, Saudi ArabiaThe Guidance Financial Group (GFG) has advised Al-Bayan Group Holding Company on the establishment of a 1.0 billion Malaysian ringgit sukuk program and on a first issuance of RM 200 million sukuk wakalah under the program. The issuance has been assigned...Tags: Malaysia, Finance, Jeddah (Saudi Arabia), Economy, Business and Finance, Credit Ratings
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Jay is AAA all the way
The Kansas City StarMissouri Gov. Jay Nixon is out with a news release this morning reminding Missourians -- and maybe more specifically, lawmakers themselves -- that the state is maintaining its AAA credit rating. The reminder comes the morning after the GOP-led General...Tags: Government, Manufacturing and Engineering, Jay Nixon, Credit Ratings, Business
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The truth about hard-money loans
Q: What is a "hard money" loan? A: Technically, it is a loan that is given in exchange for money, rather than to assist a consumer in buying a house. The latter would be called a "purchase money" mortgage. Hard-money lenders do not rely on the...Tags: Homes, Interior Policy, Freddie Mac, Property, Fannie Mae
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Philippines rating upgrade from Japan agency
Philippine Daily Inquirer, Manila / Asia News NetworkMANILA (Philippine Daily Inquirer/ANN) -- The Philippines' image before foreign creditors was again boosted Tuesday after the Japan Credit Rating Agency Ltd. (JCR) announced that it had raised its rating for the country by a notch from the minimum...Tags: Productivity, Finance, Germany, Economy, Business and Finance, Labor Markets
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Rating agency: Allentown water/sewer lease is 'credit positive'
Allentown's recently approved water and sewer lease is "credit positive" for the city, according to a news release from Moody's Investors Service. A "credit positive" label indicates that the lease will have a positive financial impact on the city...Tags: Finance, Local Government, Interior Policy, Allentown, Ed Pawlowski
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Philippines a rising star, says Moody's
Philippine Daily Inquirer, Manila / Asia News NetworkMANILA (Philippine Daily Inquirer/ANN) -- The Philippines has grabbed the spotlight amid a lacklustre global economy, with a think tank describing it as a "rising star" poised to record one of the fastest growth rates in the world and a credit-rating firm...Tags: Government, Thailand, Germany, Credit Ratings, Moody's Corporation
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Political battle hits Fulton's credit rating
The Atlanta Journal-ConstitutionThe political battle over Fulton County's governance could have an unintended consequence: higher borrowing costs in the future due to a downgrade of the county's credit rating. Fitch Ratings cut Fulton's credit rating in part because of concern about...Tags: The Atlanta Journal-Constitution, Finance, Local Government, Republican Party, Credit Ratings
May 18, 2013
|Story| McClatchy-Tribune
May 17, 2013
|Story| Burbank Leader
May 17, 2013
|Story| McClatchy-Tribune
May 15, 2013
|Story| McClatchy-Tribune
May 12, 2013
|Story| McClatchy-Tribune
May 11, 2013
|Story| McClatchy-Tribune
May 10, 2013
|Story| McClatchy-Tribune
May 10, 2013
|Story| Chicago Tribune
May 8, 2013
|Story| McClatchy-Tribune
May 3, 2013
|Story| Allentown Morning Call
Apr 25, 2013
|Story| McClatchy-Tribune
Apr 24, 2013
|Story| McClatchy-Tribune
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