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U.S. companies sink deeper in debt as economy drags
Published July 9, 2009, 4:38 pm, The Edge Daily
NEW YORK: Unbridled borrowing in the boom years has swelled Corporate America's debt burden to the highest levels on record, putting many cash-strapped companies at risk of going bust as economic malaise lingers, according to a Reuters report on Thursday, July 9.
Loan week, July 3-9
Published July 9, 2009, 2:43 pm, Finance Asia
A roundup of the latest syndicated loan market news.
Hangover ahead after US companies' debt binge
Published July 9, 2009, 2:15 pm, The Age
Unbridled borrowing in the boom years swells Corporate America's debt burden to the highest levels on record.
IMF Executive Board Concludes 2008 Article IV Consultation with Djibouti
Published July 9, 2009, 1:54 pm, IMF
On September 17, 2008, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Djibouti.
Fitch Rates Chicago Board of Education, Illinois' $82.2MM GOs 'A+'; Outlook Positive
Published July 9, 2009, 11:00 am, Business Wire via Yahoo! Finance
CHICAGO----Fitch Ratings assigns an 'A+' rating to the Chicago Board of Education, Illinois' $82,185,000 unlimited tax general obligation refunding bonds , series 2009D. The bonds are scheduled for negotiated sale on or about July 16, 2009.
Fitch Rates WakeMed Health System (NC)'AA-'; Outlook Stable
Published July 9, 2009, 9:56 am, Business Wire via Yahoo! Finance
NEW YORK----Fitch Ratings has assigned a rating of 'AA-' to the $81,780,000 million series 2009C health care facility revenue refunding bonds issued through the North Carolina Medical Care Commission for the benefit of WakeMed.
Richelieu announces its results for the second quarter of 2009
Published July 9, 2009, 8:03 am, CNW Group via Yahoo! Finance
For the second quarter ended May 31, 2009, Richelieu achieved net earnings of $7.3 million or $0.33 per share on sales of $110.1 million, and first-half net earnings totalled $11.7 million or $0.53 per share on sales of $204.2 million.
UPDATE:Pakistan Upgrades Fuel Prices To Offset Court Order
Published July 9, 2009, 3:52 am, Nasdaq
KARACHI -(Dow Jones)- Pakistan raised petroleum product prices Thursday following an ordinance by the president after the Supreme Court suspended the government's carbon tax, a government spokesman said.
No end in sight to US jobless rise
Published July 9, 2009, 3:18 am, Asia Times
The unemployment rate in the United States rose to 9.5% in June 2009 from 3.6% in October 2000 and 4.1% in October 2006. Most puzzling, as indicated in the chart below, has been the obvious failure of Federal Reserve chairman Ben Bernanke's unprecedented aggressive monetary policy to produce the quick economic recovery that he promised at each interest rate cut.
COMPANY RELEASES
Published July 9, 2009, 2:50 am, Mineweb
Vancouver, Canada - July 8, 2009 - Endeavour Silver Corp. ("Endeavour" or the "Company") ( EDR: TSX, EJD: DB-Frankfurt, EXK: NYSE-Amex) announces that it continues to extend high grade silver-gold ore in the new Lucero Vein discovery at the Bolanitos silver-gold mine, part of the Company's Guanajuato Mines Project in Guanajuato State, Mexico.
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