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Rio Tinto says reports 'overstated' debt - ninemsnMining giant Rio Tinto Ltd on Thursday declined to respond to reports that it has begun talks with banks to refinance debt incurred through the $US38 billion ($A58.65 billion) acquisition of Canadian aluminium producer Alcan last year. Rio Tinto ...
Crown refinances $1.6b of debt - ninemsnCasinos group Crown Ltd has refinanced $1.6 billion of debt almost two years ahead of its due date. The company on Thursday said it had raised $A1.6 billion from 10 banks to repay the syndicated debt facility due to expire in August 2010. The funding ...
The Fed's Potentially Very Bad Policy - Seekingalpha.comIncoming data confirms that the economy slid into the heart of the recession in the fourth quarter. The ISM nonmanufacturing report posted a stunning decline in service sector activity. Like its manufacturing cousin, the underlying details were ...
Facing tough times - Northwest HeraldToday’s world is filled with opening up the newspaper and seeing all of the foreclosure listings. I used to wonder how people could let themselves fall behind on their house payments. Unfortunately now I’m walking in this situation. I worked two ...
Obama: So far so good - Napa Valley RegisterWith the appointment of Christine Romer to head up his council of Economic Advisors, the key person to advise the President on economic policy, Obama has put in place an economic team that consists of centrists if not right of center policy makers ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. Before the Health Blog signs off for the day, we thought we’d consult with the American health establishment on a pressing question: What to ...
Corporate debt refinancing is the next crisis - Times OnlineMost of the chief executives I meet these days divide into two groups. There are those who expect trading to fall off a cliff. Then there are those who expect trading to fall off a cliff and also have debt coming up for refinancing. Difficult trading ...
David Cutcliffe insists he's 'staying at Duke' - FOX NewsDURHAM, N.C. — Duke coach David Cutcliffe quashed any speculation about him returning to Tennessee to replace his good friend and former boss, Phillip Fulmer. "I'm at Duke, staying at Duke," Cutcliffe said Tuesday. Cutcliffe twice served on ...
Time's up for the reign of Russia's oligarchs - Globe and MailROME -- There's a saying among Moscow's jaded old market watchers that the oligarchs don't really own Russia's industries; they're merely their Kremlin-appointed caretakers. The events of the past few weeks suggest the theory is more than a little ...
MAD MONEY FEATURES - CNBCThere's this notion, one you hear all the time, that because we're down so much, and because we’ve held at the October 10 lows and rallied from them every time, that we should all stop worrying and join the "land of a thousand bull dances ...
Today's Mortgage Terms starting with V
VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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