Merrill Drops After $4.65 Billion Second-Quarter Loss (Update1) By Bradley Keoun and Josh Fineman July 18 (Bloomberg) -- Moody's Investors Service cut Merrill's credit rating and the firm's shares fell as much as 7 percent in...
NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR TO U.S. WIRE SERVICES/ TORONTO, July 18 /CNW/ - Sino-Forest Corporation (the "Company") (TSX: TRE and TRE.S) today announced the details of its...
From the WSJ: Write-Downs Push Merrill Lynch Into Red for 4th Straight Quarter Merrill Lynch & Co. posted its fourth consecutive quarterly loss on $9.75 billion in additional write-downs on assets tied to the tanking housing...
Despite the change in the seasons the credit crunch and housing crisis remain top of mind to readers of Research Recap Alacra today revealed the most popular posts in the second quarter for Research Recap its onestop research...
WALNUT CREEK, Calif., July 9 /PRNewswire-FirstCall/ -- The PMI Group, Inc. (NYSE: PMI) today announced that Moody's Investors Service lowered the insurer financial strength ratings of PMI Mortgage Insurance Co. (PMI U.S.) to A3...
SIOUX FALLS, S.D., July 9 /PRNewswire-FirstCall/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) today announced that Moody's Investors Service ("Moody's") upgraded NorthWestern's ratings as follows: From To...
NEW YORK - Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) today announced that it has had positive discussions with the Office of the Commissioner of Insurance for the State of Wisconsin (OCI) regarding a plan to capitalize...
Filed under: Private equityWhile there were challenges, it looked like Texas Pacific Group would snag a 23% equity stake in Bradford & Bingley PLC, a UK mortgage company. True, the deal was highly dilutive, but at the same...
For the past 2-3 weeks, there has been one issue that has dominated much of media attention in India. That singular issue is the Nuclear Deal between US and India. Now, everyone knows what I feel about the Left, but this time...
NEW YORK - Ambac Financial Group, Inc. (NYSE: ABK) (Ambac) announced today that its Board of Directors has authorized up to $50 million for share repurchases of its common stock. The repurchase of shares under the Stock...