Report: Slow sales biggest small-business worry – msnbc.com
The survey, “Small Business Owners’ Opinions on Regulations and Job Creation,” concludes that small businesses aren’t creating jobs because of slow sales, not because of the amount of government regulation they have to deal with. The survey is from the …
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TEXT-S&P cuts Springleaf Finance Corp rating to ‘CCC’ – Reuters
We believe Springleaf Finance Corp. will have difficulty meeting its unsecured debt maturities in 2012 without securitizing a large amount of assets, significantly scaling back its originations, or conducting a distressed debt exchange.
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Allstate looks to make homeowners pay more for roof repairs – Crain’s Chicago Business
(Crain’s) — Allstate Corp. is rolling out a new approach to homeowners insurance that will no longer cover the full cost of replacing damaged roofs if they’re older than 10 years. The new product, so far only available in Oklahoma, is dubbed …
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Occupy LA protest against foreclosures
In the US state of California, Los Angeles protesters have rallied outside the West Coast headquarters of the Freddie Mac mortgage corporation, slamming the country's high number of home foreclosures, Press TV reports.
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Fitch Upgrades Brixmor LLC’s IDR to ‘BB-’; Outlook Stable – Yahoo Finance
The ratings are partially offset by low fixed charge coverage, low unencumbered asset coverage of unsecured debt, and a moderate liquidity shortfall on a standalone basis. Brixmor’s fixed charge coverage, calculated as recurring operating EBITDA …
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Wall Street Split Over Bank Foreclosure Deal – Bloomberg
All 50 states announced an investigation into foreclosure practices in 2010 following disclosures that servicers were using flawed documents in seizing homes. A group of state attorneys general and federal officials has since negotiated terms of …
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Fitch Rates Ventas, Inc.’s $600MM 4.25% Senior Unsecured Notes Due 2022 ‘BBB+’ – Business Wire (press release)
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Fitch Rates Ventas, Inc.'s $600MM 4.25% Senior Unsecured Notes Due 2022 'BBB+'
Business Wire (press release) In addition, the bond offering and Cogdell Spencer acquisition will modestly weaken the company's unencumbered coverage of unsecured debt, but near-term liquidity will improve via the 10-year unsecured bond offering. Coverage remains appropriate for … |
Rate on 30-year mortgage falls to record 3.87 pct.
The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
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Obama proposes refinancing plan for underwater homeowners
The president aims to help about 3.5 million people with good credit who are unable to refinance at historically low rates because their homes are worth less than their mortgages.
TEXT-Fitch affirms Repsol YPF at ‘BBB+’; outlook stable – Reuters Africa
 Moneycontrol.com |
TEXT-Fitch affirms Repsol YPF at 'BBB+'; outlook stable
Reuters Africa Feb 02 – Fitch Ratings has affirmed Repsol YPF's (Repsol) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB+' and Short-term IDR at 'F2'. The senior unsecured debt and short-term commercial paper issued by Repsol's wholly-owned … Fitch Rates Mediacom LLC Senior Unsecured Notes Issuance 'B'; Outlook Stable |