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FDIC Said to Withhold CIT Debt Guarantees Due to Risk (Update1)
Published July 10, 2009, 5:56 am, Bloomberg
July 10 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to guarantee CIT Group Inc. ’s bond sales because the commercial lender’s credit quality is worsening, according to people familiar with the regulator’s thinking.
Annaly Capital Management Releases Monthly Commentary for June; Launches New Blog
Published July 10, 2009, 5:44 am, Business Wire via Yahoo! Finance
NEW YORK----Annaly Capital Management, Inc. released its monthly commentary for June and announces the launch of its new blog, Annaly Salvos on the Markets and the Economy . Annaly expresses its thoughts and opinions on issues and events in the financial markets through its commentary set forth below and through its new blog.
Shun U.S. Treasuries for Bunds, Says DWS Investment (Update1)
Published July 10, 2009, 5:25 am, Bloomberg
July 10 (Bloomberg) -- DWS Investment GmbH, Germany’s biggest mutual fund manager, is shunning Treasuries and buying bunds in a bet that President Barack Obama ’s record fundraising makes owning U.S. government debt too risky.
A Fresh Look
Published July 10, 2009, 5:17 am, Leesburg Today
Coming into office 18 months ago, the county Board of Supervisors had established more cooperative relations with the school board as a top priority. There have been gains, particularly during this year's difficult budget deliberations.
Buncombe sees upgrade in bond rating
Published July 10, 2009, 4:29 am, Asheville Citizen-Times
ASHEVILLE — Buncombe County will begin the new fiscal year with an upgraded bond rating from Standard & Poor's, due to sound management of the county budget in the midst of a recession .
Muni Yields Reach 5-Week Low Amid $3 Billion in Long-Term Sales
Published July 10, 2009, 4:21 am, Bloomberg
July 10 (Bloomberg) -- Municipal bond yields slid to a five-week low as state and local governments sold about $3 billion of long-term, fixed-rate debt, the least since December for a non-holiday shortened week.
Moody's assigns ratings to BTMU Yen senior unsecured debts
Published July 10, 2009, 4:07 am, Thaipr.net
Moody's Investors Service has assigned Aa2 rating to the senior unsecured debts issued by The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU). Simultaneously, these ratings are placed on review for possible
West Hartford's Credit Still Looking Good
Published July 10, 2009, 3:36 am, Hartford Courant
High Ratings Mean Lower Loan Interest Town finances remain in excellent shape despite the recession, so the town will retain top-notch credit ratings, according to reports by two national financial companies.
PRESS RELEASE:Fitch:Taiwan Life Insurers' Weak Capitalization
Published July 10, 2009, 3:24 am, Nasdaq
Fitch Ratings-Taipei/Hong Kong/Singapore-10 July 2009: Fitch Ratings has today said, in a just published commentary, that the global financial crisis and subsequent severe economic recession in Taiwan have heightened the lingering and substantial risk of large negative interest carry for Taiwanese life insurers.
MPs see merit in third Heathrow runway
Published July 10, 2009, 3:10 am, Financial Times via Yahoo! UK & Ireland Finance
A third runway at Heathrow should be used to cut the "excessive" stacking of aircraft over the airport, according to a report published by MPs on Friday.
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