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Oil advances on Europe debt talk

Posted by on Feb 10th, 2010

Oil prices rose for a third consecutive session Wednesday amid optimism that a rescue plan for Greece and other debt-challenged European nations may be near.

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Oil advances on Europe debt talk

Posted by on Feb 10th, 2010

Oil prices rose for a third consecutive session Wednesday amid optimism that a rescue plan for Greece and other debt-challenged European nations may be near.

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EU launches debt action against nine countries

Posted by on Oct 7th, 2009

The European Union launched action against nine countries on Wednesday over excessive debt levels which have now engulfed 20 of the bloc’s 27 nations.

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MGM says in compliance with debt covenants

Posted by on Jul 15th, 2009

Metro-Goldwyn-Mayer said on Wednesday it delivered an audit opinion to its lenders showing the troubled studio is financially sound enough to continue operating and was in compliance with all of its debt covenants.

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Fitch Downgrades Comerica Debt on Credit Costs – DealBook Blog …

Posted by on Jul 2nd, 2009

Fitch Ratings on Wednesday cut Comerica’s investment-grade debt ratings, saying the bank’s profitability is increasingly threatened by higher credit costs and the recession.

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Pernod Ricard to cut debt, sell Wild Turkey

Posted by admin on Apr 8th, 2009

French drinks company Pernod Ricard SA on Wednesday unveiled a debt reduction plan that includes raising euro1 billion in fresh capital and selling off its Wild Turkey bourbon brand to Italy’s Gruppo Campari.