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Liquidity crunch eats into auto suppliers profits: Fitch
Published July 9, 2009, 1:31 pm, Express India
Domestic auto suppliers, who had embarked on leveraged acquisitions to augment capacities, have been exposed to a significant liquidity crunch due to the global slowdown and this has taken a toll on their finances, according to Fitch.
County residents hold a TEA Party
Published July 9, 2009, 6:09 am, The Paris News
On the 233rd birthday of the nation’s independence, scores of concerned citizens of the community turned out to have their voices heard and to take another step forward to make change happen in the government.
Bring school home with financial tips for your teen
Published July 9, 2009, 3:26 am, Carteret County News-Times
(ARA) - Does your teen expect you to dole out cash like an ATM? Does your child know the word "budget?"As you prepare your teenager for the school bell to ring again this fall, you can take the opportunity to turn your home into a classroom learning experience.
The agency believes that the impact from industry performance could have an over-reaching impact on the credit ...
Published July 9, 2009, 2:36 am, India Infoline
Fitch Ratings said on Thursday that the slowdown in global auto sales, together with India's stagnant market, is continuing to affect domestic auto component manufacturers.
Moody's revises Jafz sukuk ratings
Published July 9, 2009, 12:07 am, Zawya
09 July 2009 Moody's Investors Service yesterday revised the foreign and local currency issuer ratings of Jebel Ali Free Zone Jebel Ali Free Zone ( Jafz Jafz ) and the rating for Jafz Jafz sukuk's Dh7.5 billion trust certificates due in 2012 to A2 from A1 and placed the ratings under review for further possible change.
Posted: 08-07-2009 , 10:20 GMT
Published July 8, 2009, 11:52 pm, Mena Report
Moody's Investors Service today downgraded the foreign and local currency issuer ratings of Jebel Ali Free Zone FZE ("Jafz") and the rating for Jafz Sukuk Limited AED 7.5 billion Trust Certificates due in 2012 to A2 from A1 and placed the ratings under review for further possible downgrade.
Being conservative is the goal during budget process
Published July 8, 2009, 10:39 pm, Flower Mound Leader
Flower Mound’s budget process for the 2009-10 fiscal year continued Tuesday with a town hall meeting hosted by Chuck Springer, the town’s chief financial officer.
Alcoa Second Quarter 2009 Results - Solid Cash Performance
Published July 8, 2009, 1:15 pm, Business Wire via Yahoo! Finance
NEW YORK----Alcoa today announced it generated cash from operations in the second quarter of 2009 of $328 million, a $599 million improvement from the first quarter. This improvement was driven by the Company's wide-ranging financial and operational initiatives to reduce costs, increase cash, and strengthen its balance sheet.
DLLR Adds 4 Stores in Northern Ireland
Published July 8, 2009, 8:52 am, Zacks.com via Yahoo! Finance
The acquired stores are multi-product locations offering check cashing, payday lending and pawn broking services.
NRG Energy, Inc. Provides Midyear Business Update; Raises 2009 Guidance to Reflect Contribution of Reliant; Board ...
Published July 8, 2009, 3:18 am, Business Wire via Yahoo! Finance
PRINCETON, N.J.----NRG Energy, Inc. today revised its full-year 2009 guidance for Cash Flow from Operations and adjusted EBITDA to reflect present market conditions and include for the first time Reliant Energy, acquired May 1, 2009.
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