Archive for January, 2009
Continental AG Credit Rating Is Cut to Junk by S&P (Update2) (Bloomberg)
By admin on January 12th, 2009
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Jan. 27 (Bloomberg) — Continental AG , Europes second- largest car-parts maker, had its credit rating lowered two levels to junk status by Standard & Poors, which cited risks related to the manufacturers debt-strapped parent company.
Credit Agricole and SocGen to merge asset management ops (Thaipr.net)
Credit Agricole S.A. and Societe Generale have signed a preliminary agreement in order to combine their asset management operations. This new entity will combine the entirety of CAAM group1, the asset
Gilbert rescinds 23-credit requirement (East Valley Tribune)
Next years Gilbert freshmen will not be required to take an extra elective credit to graduate after the school board voted Tuesday night to rescind its controversial 23-credit graduation requirement policy.
Wells Fargo: No need for more bailout $
By admin on January 1st, 2009
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Wells Fargo reported a $2.6 billion fourth-quarter loss Wednesday, hurt by its acquisition of Wachovia and rising credit costs. But excluding a host of charges, many of them related to the merger, earnings beat Wall Street estimates. News widgets and RSS feeds on Feedzilla.com