Senate 'Bailout' Opens Door to Ending 'Fair Value' Accounting

Among the 451 pages of provisions contained in the Senate-approved Emergency Economic Stabilization Bill of 2008, which the House will debate today, ... , which allow companies and financial institutions to report the value of their assets on the price ... that have no market value have worsened the credit crisis, and changing them has been a priority for [more...]

Date: 2008-10-02 20:00:00

Blog posts (288) | Videos (162)
 

Will oil, gas spending drop in 2009?

Global spending on oil and gas exploration and production will shrink 12 per cent to $400 billion in 2009 as the steep slide in energy prices and tight credit markets reverse a six-year trend of rising budgets, analysts at Barclays Capital said ... its report showed.Another analyst agreed, saying companies were being prudent during the economic crunch [more...]

Date: 2008-12-20 06:49:00

Export rebates to rise on high-tech products

China plans to raise export rebates on selected machinery and electronic products and will allow mainland trade with Hong Kong, ... commercial banks to extend more credit to small and medium-sized companies to battle the economic slowdown ... , equipment manufacturing and information technology. In a report to the Standing Committee [more...]

Date: 2008-12-25 12:09:29

Fortune Frowns on Lying CEOs

Fortune Frowns on Lying CEOs Topics: corporations | ethics Source: Fortune, January 6, 2009 ... on pikes," reports Fortune magazine's Roger Parloff. "The question for the courts ... losses" on the company's credit default swaps portfolios less than three months before they posted [more...]

Date: 2009-01-16 03:45:33

December California Defaults up 100%

Mr Mortgage is a 20-year mortgage banking veteran, specializing in wholesale and correspondent sales and sales/operations management and bringing ... housing, mortgage and credit meltdown’ and company-specific events. He owns and is the primary ... to the Truth located at http://mrmortgage.ml-implode.com ~~~~ Mr. Mortgage: Dec CA Foreclosure Report [more...]

Date: 2009-01-16 17:15:46

Stock Market Dictionary - E

EFifth letter of a Nasdaq stock symbol specifying that an issue has not met the reporting date for the company's SEC regulatory filing requirements ... Before TaxesECThe two-character ISO 3166 country code for ECUADOR.ECASee: Export Credit AgencyEDCSee: Export Development Corp.ECGDSee: Export Credit Guarantee DepartmentECNElectronic Communications [more...]

Date: 2009-01-02 16:36:00

Important Advice - Review Of Best Handbag Wholesale

Profile - Base Location: Unknown // USA - Registration Fee: None - Minimum Order: None - Payment Options: Credit Cards - Shipping Options: UPS ( ... company information (like the specific base location), but I haven’t found any scam reports [more...]

Date: 2009-01-15 16:05:36

The Days Of Selling For An Unreasonable Price Are Gone

The Rocky Mountain News reports from Colorado. “Caroline Hoyt, whose company next Saturday is opening the Casitas at Stapleton, ... contracts. We don’t accept contingencies. They all fell apart over credit issues.” “If you want ... markets for years.” “‘When I got into the business nine years ago, all the stories were [more...]

Date: 2008-09-15 21:01:45

Halstead TV: Behind The Numbers

A: This is my company's new Market Report narrated by Halstead Chief Economist Greg Heym ... to pass this along, as I know they are working on enhancing this quarterly video report as we enter ... that we are at now now. Greg mentioned the challenges NYC faces, and acknowledges the credit crisis that began [more...]

Date: 2008-11-11 22:37:33

Flextronics Shrs Plunge; Sanmina, Celestica Also Crumble; Report All Three Companies Losing Alcatel Business

If the world is going to cut back buying PCs, cell phones and all other things electronic, ... targets. Credit Suisse’s William Stein lowered his target to $4, from $6, while keeping his Outperform ... billion in revolving credit lines. In an attempt to explain the massive selling in the sock, he says “ [more...]

Date: 2008-11-20 12:12:00

Environmental Federal Register, Vol. 74, No. 11, January 16, 2009

Readers & Subscribers: Please see the Readers Note in the right column ... or company contribution by credit card (click here). Fill out the form (optional); insert "REGTrak ... environmental briefing report. Subscribers Note: There will not be a Federal Register published [more...]

Date: 2009-01-16 15:18:00

It's the Economy, Stupid

The Labor Department today reported that business productivity surged to a revised 4.3 percent annual rate in the second quarter of the year ... measure quality of output.)Higher productivity keeps inflation in check. When companies can produce ... of their lines of credit because the housing bubble has burst. The result? Employers can't sell [more...]

Date: 2008-09-04 12:27:00

Online finance flaw: Visa responds quickly to reported vulnerabilities

The American Express online flaw I discussed last week led to two interesting sidebars ... sites.To be fair, http://usa.visa.com itself appears to be sound; both Mike and I gave it a cursory ... to rehash all the problems XSS issues in major credit card company sites might cause (PCI [more...]

Date: 2008-12-23 05:56:00

Private Equity: It?s Not a Downturn, It?s a Decimation

Private-equity mavens like to describe the credit crisis as a “perfect storm” or “financial tsunami, ... . Their report’s message: take cover. The consultants expect 50% of all companies backed by private-equity ... prices. Thomson Reuters data show that the number of bankruptcy filings by pending or current financial [more...]

Date: 2008-12-23 12:03:00

Citibank Will Split Into Two Companies, Promises To Lend To Consumers [Citibank]

Vikram Pandit, CEO of Citigroup, announced today that the company would be split after reporting a net loss for 2008 of $18.72 billion. He also promised to put the money from the $700 bailout to work by extending credit to consumers ... the U.S. economy and consumers - expanding the flow of credit to U.S. households and businesses responsibly [more...]

Date: 2009-01-16 13:30:55

Tuesday morning -- and we're in a recession

As Sacramento Bee reporter Dale Kasler noted in his lead paragraph this morning: "No kidding" to the news yesterday from the National Bureau of Economic Research that the country's ... that Henry Paulson and company don't know why credit markets have frozen. Is it because the banks [more...]

Date: 2008-12-02 13:54:33

Moody's worries about the chemical industry

Moody's, the global ratings agency, is today forecasting a 70% chance of a U-shaped recession, and a 15% chance of either a V or L-shaped downturn ... about the impact of the "weak credit environment" on "financially stressed companies". It points ... to recover in a weak operating market". CFOs will also be be worried when they read the report (Moody's [more...]

Date: 2009-01-15 16:08:51

Payday Loan Ballot Language Approved… But Law Is Already Killing Off Ohio Jobs in Steubenville

From WTOV: Despite a push to repeal a statewide crackdown on payday lenders in Ohio, some local companies are still closing ... worse economic decisions- such as bouncing checks, paying late fees on credit cards, or taking a black ... been media reports of an increase in fraudulent short-term loans being conducted through the mail, where [more...]

Date: 2008-07-15 12:28:03

GOODY TWO SHOES: Revenge Of The Nerds

Media layoffs are at their highest since the dot-com bubble burst in 2001, reports The Hollywood Reporter: “Layoffs in the media industry, ... graveyards like F’d Company (itself now deceased), scores of unemployed tech workers would congregate ... ) and the Journal Sentinel (Milwaukee). To its credit, Wonkette mentioned it straight away: "Here’ [more...]

Date: 2009-01-16 08:21:08

US Wind Power Growth to Slow in 2009, FPL Hints

It was just last week when I shared the great news of another record year for US wind power in 2008 ... on wind’s growth for 2009. In the company’s third quarter report, FPL announced a 25% cut in 2009 ... have been overheating these past few years on 27+% annual growth. With the current Production Tax Credit (PTC [more...]

Date: 2008-10-28 16:40:22

The Publishing Industry Needs to Embrace Technology

During Book Expo America, ebooks were the hot topic. A report from the New York Times signaled that there is some within the industry who are fearful ... booksellers the right to return unsold books for credit. National Book Company in Dunnsmore, PA, a major [more...]

Date: 2008-06-15 09:00:20

Private Equity Firms Expected to Show 20-30% Losses for 2008

OK, you gotta help me. Private equity is basically levered equity ... can PE companies (on average) possibly report returns that are better than equity averages ... in valuing their holdings. That alone should have a return-depressing effect. To its credit, the Financial [more...]

Date: 2009-01-07 05:01:00

B of A reports loss, gets more cash

The TARP was phase 1 of the bank bailout: give the banks cash to rebuild their capital ... for credit-losses nearly tripled, while the company showed why it needed further help from the government ... 1: the government is absorbing losses on bad assets themselves.  See Citi’s bailout in late November [more...]

Date: 2009-01-16 15:09:12

MortgageNewsClips: Is The Fed Done?, Awesome Map, AARP 625k HECM, Banks Hoarding?, Muni Market, Bernanke, Warming Up, Fed High Wire, PMI Report, Ira Has 3

VIDEO: Monetary Policy with Zero Interest Rates: Is the Fed Done? ... stability and the normalization of credit markets,” Bernanke said. Citigroup, which is looking to break ... figure since last May. In another sign of a possible thawing of the credit markets, companies [more...]

Date: 2009-01-16 01:21:57

End of The Year Market Report for Charlottesville Region

Copyright RealCentralVA.com, LLC. If you are not reading this at RealCentralVA.com the site you see is likely stealing content ... ‘em … wait! yes he does , Auto Bailouts, Investment Banking Bailouts, Credit Card companies [more...]

Date: 2008-12-22 14:00:36

History Of The World (Financial Crisis), Part I

Nice to see someone is taking notes of the ongoing economic crisis ... struggling investment bank, failed mortgage company, missed-earnings warning, lousy housing report, cut ... and well kept, in fact, that it’s now one of Google’s top entries for the credit crisis timeline [more...]

Date: 2009-01-05 20:43:48

FairSoftware: Instant Software Companies

... the details of sales, credit cards, tax reporting, and splitting the money can free you to focus [more...]

Date: 2008-09-30 18:00:00

Bank of America (BAC) might have to cut dividends again

Yesterday a bearish report from Citi Investment Research analyst Keith Horowitz sent Bank of America shares 12% lower ... indeed cut its dividends as it faces further writedowns, frozen credit markets and TARP restrictions ... reasons why companies have lost their dividend aristocrats status between 1989 and 2004 is dividend [more...]

Date: 2009-01-13 12:14:00

UBS AG (NYSE:UBS) - Forecast decline in asset quality calls for a cautious outlook. Free research report for 3Q 08 results.

In 3Q 08, UBS reported a y-o-y decrease in its Net Interest Income (NII) ... report free of charge with free to view access to institutional-quality research on 400 companies ... quality, which should drive up credit losses. Considering these factors, as well as a likely fall [more...]

Date: 2009-01-16 17:05:36

Smartlipo maker losing money, laying off workers

Cynosure Inc., the maker of Smartlipo laser liposuction devices and anti-cellulite equipment, ... -of-year total workers left at the company to about 285. Cynosure said it will report a loss for the quarter ended Dec. 31 because of “the global economic downturn and weakening credit environment.” [more...]

Date: 2009-01-16 15:26:32

BofA, Citi Report Losses

From the WSJ: Bank of America Swings to a Loss Bank of America Corp. swung to a fourth-quarter loss as provisions for credit-losses nearly tripled, while the company showed why it needed further help from the government to support its acquisition of Merrill Lynch [more...]

Date: 2009-01-16 13:20:02

Circuit City shutting down as a company

CNN is reporting that Circuit City is shutting down all their stores and liquidating ... will admit to doing the work in light of the liquidation. “What’s more, given the credit market [more...]

Date: 2009-01-16 17:03:34

JP Morgan:2009 Cloud Computing Outlook

Bert Bouwhuis pointed me to the a report by JP Morgan on Internet-oriented companies, ... computing was on track to be the buzzword of 2008 until it was displaced by the credit crunch. But beneath ... and cloud applications for the consumer and small businesses due portability, collaboration, convenience [more...]

Date: 2009-01-06 21:37:09

Bell Canada Debating KPMG, Unwilling to Re-Price LBO

Two days after BCE (BCE), owner of Canadian encumbant telco Bell Canada, ... equity firms, a report today in Canadian paper The Financial Post says that the company’s board ... is telling BCE that times have changed, credit markets are in a state of unprecedented upheaval [more...]

Date: 2008-11-28 21:24:36

IIT placements slow down

This report was the first indication that it's not 'business as usual' at the IITs ... companies like Shell, RIL, Credit Suisse, HUL, Transocean, Dell and NetApp had initially said they would [more...]

Date: 2008-12-10 19:09:00

Research house upbeat on property stocks

Research house upbeat on property stocks It cites falling interest rates and possible favourable Budget measures By EMILYN YAP INVESTORS can ... credit for new investments,’ it explained. Banks may also introduce more attractive mortgage ... the operating environment for real estate companies this year, said Kim Eng Research in a report yesterday [more...]

Date: 2009-01-06 22:00:37

Another Unusual Risk

Another Unusual Risk Here’s another risk for companies to consider disclosing in their financial statements: ... of credit cards to the fiscally challenged, has included this risk factor in every quarterly and annual report since its 2005 annual report: “Negative publicity may impair acceptance of our products. Critics [more...]

Date: 2008-08-08 02:28:00

A real loser in real estate

Real estate companies in the Lower Hudson Valley followed the national trend in recording sharp stock price declines last year and struggling to navigate a slowing economy, rising vacancies and a credit crisis. The All REIT Index, which ... to a report released yesterday. Last year’s slide came after a decline of 17.8 percent in 2007. Such losing [more...]

Date: 2009-01-07 22:11:42

A real loser in real estate

Real estate companies in the Lower Hudson Valley followed the national trend in recording sharp stock price declines last year and struggling to navigate a slowing economy, rising vacancies and a credit crisis. The All REIT Index, which ... to a report released yesterday. Last year’s slide came after a decline of 17.8 percent in 2007. Such losing [more...]

Date: 2009-01-08 14:17:30

September 29, 2008: Superman/Superboy Lawsuit in WB Quarterly Report

SECinfo.com has published the Time Warner Inc. Q-10 quarterly report, ... 'wasting' of the Superman property by DC Comics and failure to accord credit to Siegel. The Company [more...]

Date: 2008-09-29 06:43:45

Daily Report for Mon, Nov 10, 2008

A global rally in equity markets is underway this morning. The thrust is coming from a Crouching Bull, Hidden Bear ... and precious metal prices would cause mining companies to shut down mines, and that the credit crunch [more...]

Date: 2008-11-10 12:58:04

Monzer Al-Kassar & Iran Contra/Kassar OK'd Terror Arms, Feds Charge

Also see: "U.S. Senate Investigation Into the Bank for Credit and Commerce International""Mr ... , owned by a Portugese company: Defex.So now a bit from Chapter 8 of the Walsh Report on Iran/Contra [more...]

Date: 2008-11-14 18:37:00

Monzer Al-Kassar & Iran Contra/Kassar OK'd Terror Arms, Feds Charge

Also see:"U.S. Senate Investigation Into the Bank for Credit and Commerce International""Mr ... , owned by a Portugese company: Defex.So now a bit from Chapter 8 of the Walsh Report on Iran/Contra [more...]

Date: 2008-11-23 03:04:00

Video Metadata Key Strategic Importance For Online Video Publishers - Part 1

Video metadata has become a strategically critical factor in the successful creation and distribution of video content on the Internet. [ ... credit: SSilver As major search engines can't yet make sense of what is being said inside a video ... . In the following two-part report entitled "The Currency of Internet Video", Gotuit, a company specializing [more...]

Date: 2008-11-06 11:38:00

Outlook Worsening for US Transportation Companies

A rapidly deteriorating U.S. economy, slowing growth worldwide, ... , the report notes. Around half of the rating outlooks for North American trucking, car rental ... and credit market dislocations are stepping up the pressure on North American transportation [more...]

Date: 2009-01-14 19:05:32

Tribune Company Weighing Bankruptcy

Tribune Company is considering whether to file for bankruptcy, according to several news reports out today ... how seriously Tribune is considering bankruptcy, according to a cautiously written report in The New ... . has cash and could draw on an existing line of credit with its senior lenders to pay Monday's bill [more...]

Date: 2008-12-08 20:57:31

Verizon, Alltell, TPG and Goldman Sachs (VZ, GS, T, VOD)

Alltel may soon be acquired by Verizon Communications Inc. (NYSE: VZ), according to a breaking news report from CNBC's David Faber ... held by TPG and GSCP, which are Texas Pacific Group and Goldman Sachs Capital Partners.... part ... . If there is any company that can acquire this and not have all the credit rating issues and not run into multiple [more...]

Date: 2008-06-04 18:32:28

Roche Cutting Hundreds of Manufacturing Jobs

We hate to bring out the layoff ax again so soon, but the legions working for drug companies seem to be shrinking by the day ... jobs, the WSJ reports. The cuts will take place over the next two to three years, and come on top ... credit crunch and questions about price. Speaking of cuts, Hunziker said the majority of cost savings [more...]

Date: 2009-01-16 13:30:42

Is Nortel a Victim of the Global Financial Crisis?

Some would paint Nortel as a company that was on the verge of making a big turn around, but was blindsided by the financial crisis ... at its earnings history. I dug through old Nortel annual reports and tried to resolve all the inconsistencies ... . If only the credit markets were in better shape, Nortel wouldn’t have been forced [more...]

Date: 2009-01-15 05:08:00

How to Hide Debt with Pension Accounting

Pensions involve promises made to employees that if they work for the company over some minimum period of time, ... terms, and it should report the fair value of the assets held in the pension plan. Among other things ... the firm properly and accurately. Pension accounting takes credit for being one of the most difficult [more...]

Date: 2009-01-14 06:38:47

101 - 150 of 288 Posts
Page: First | < Preceding | Next >
0 | 1 | 2