Author Archive

TEXT-S&P Summary: VimpelCom Ltd. – Reuters

TEXT-S&P Summary: VimpelCom Ltd.ReutersAfter deducting enforcement costs and prior-ranking claims totaling $1 billion, we assume $13.3 billion of senior unsecured debt outstanding at default. This would leave sufficient value for meaningful recovery in the 50%-70% range, consistent with a …and more »


Dog bites drive up insurance payouts; premiums could be next – USA Today

Put a muzzle on your mutt, or your insurance premium might go up. Dog bites accounted for more than one-third of homeowners insurance liability claims paid in 2011, costing nearly $479 million in the U.S., according to the Insurance Information Institute.


Monique Acosta, California Foreclosure Victim, Found Guilty Of Vandalizing Home – Huffington Post

Foreclosure can be frustrating, but one couple found the process so upsetting that they allegedly decided to cut down some trees and throw them in their pool before moving out. A jury in Riverside, California found Monique Acosta of French …


Lawmakers push foreclosure relief for military

WASHINGTON (Reuters) – The House of Representatives on Friday voted to further insulate some service members from home foreclosures and extend borrower protections to disabled veterans and surviving military spouses. The measure passed 394-27 on a bipartisan vote and was attached to a $554 billion defense spending bill that is set for a final vote [...]


TEXT-S&P rates Energizer Holdings proposed notes – Reuters

TEXT-S&P rates Energizer Holdings proposed notesReutersMay 21 – Standard & Poor's Ratings Services said today it assigned its 'BBB-' senior unsecured debt rating to St. Louis, Mo.-based Energizer Holdings Inc.'s proposed $400 million senior unsecured notes due 2022. In addition, we assigned a preliminary …


DebtConsolidation.com Helps Over 100,000 Consumers Choose the Best Debt Consolidation Programs – msnbc.com

DebtConsolidation.com has a variety of debt consolidation programs to help overwhelmed consumers reduce unsecured debts and get relief from the constant pressure of trying to pay multiple creditors. Unfortunately, today, millions of Americans are …


Ellen Degeneres downsizes into 8,500-square-foot Beverly Hills home

The daytime show host has sold her 3-acre Beverly Hills compound, which includes four structures, to Ryan Seacrest. Cyberspace was a-twitter this week with the news that Ryan Seacrest is buying Ellen DeGeneres’ Beverly Hills compound for $37 million, and that she and spouse Portia de Rossi are moving no farther than a Hal Levitt-designed [...]


Downtown Seattle condos are finally filling up

The glut of condos that hit downtown Seattle right during the real-estate downturn is disappearing as buyers move back into the market.


Many households have negative net worth – KSLA-TV

Many households have negative net worthKSLA-TVThe study found one in five households has more unsecured debt – from things like credit cards and student loans – than money in savings and other liquid assets. (Source: CNN) (CNN) – How does your savings account compare to your debt?and more »


Priszm sale of 57 restaurants to Hi-Flyer Inc. receives court approval

By The Canadian Press TORONTO – Priszm Income Fund, which has been Canada's largest owner of KFC restaurants, has received court approval for the sale of 57 restaurants in Alberta and Manitoba, says its …