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US judge approves GM bankruptcy plan

Published July 6, 2009, 4:00 am, AFP via Yahoo! Canada News

NEW YORK (AFP) - General Motors won approval from a bankruptcy judge late Sunday to sell its best assets to a new automaker in which the US government will hold a majority stake.

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Regis Announces Equity and Convertible Note Offerings and Fourth Quarter Revenues

Published July 6, 2009, 3:26 am, Business Wire via Yahoo! Finance

MINNEAPOLIS----Regis Corporation , the global leader in the $170 billion hair care industry, today announced a public offering of common stock and convertible senior notes and also reported fourth quarter and fiscal year 2009 revenue results.

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PartnerRe To Acquire PARIS RE; Best Sees no Rating Change

Published July 6, 2009, 3:16 am, Insurance Journal

Bermuda-based PartnerRe announced that it has entered into definitive agreements to acquire PARIS RE, a French-listed, Swiss-based diversified reinsurer. PartnerRe will exchange 0.30 of its common ...

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TRIS Rating Announces “AA-/Stable” Rating for “TTW”

Published July 6, 2009, 3:01 am, Tivarati.com

อินโฟเควสท์--TRIS Rating Co., Ltd. has assigned the company rating of “AA ” with “stable” outlook to Thai Tap Water Supply PLC (TTW). The rating reflects TTW’s pos

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TRIS Rating Assigns Company Rating to “BCP” at “BBB+/Stable”

Published July 6, 2009, 2:51 am, Tivarati.com

อินโฟเควสท์--TRIS Rating Co., Ltd. has assigned the company rating to The Bangchak Petroleum PLC (BCP) at “BBB+” with “stable” outlook. The rating reflects BCP’s s

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US: Judge OKs GM split into old and new

Published July 6, 2009, 2:16 am, just-auto

Let the dismembering begin! Bankrupt General Motors last night passed another milestone on the road to restructuring when when judge Robert Gerber in a New York bankruptcy court approved the sale of substantially all of (old) General Motors Corporation's assets to NGMCO, Inc, an entity funded by the US Department of the Treasury.

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Nigeria: Banks Owned Insurance Companies Not Arrogant

Published July 6, 2009, 2:14 am, AllAfrica.com

In this interview with Patience Saghana , Alhaji Auwalu Muktari , Managing Director of Fin Insurance Plc relays the vision of the company, where it aspires to be in the nearest future and also delves into topical issues such as post consolidation reform in the insurance sector.

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GLOBAL MARKETS: European Stocks In The Red; Econ Fears Weigh

Published July 6, 2009, 1:38 am, The Forex Market

LONDON (Dow Jones)--European stocks fell Monday, as economic fears weighed on sentiment in a quiet start to the week's trading.

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GM Asset Sale Approved by U.S. Bankruptcy Court

Published July 6, 2009, 1:09 am, The Auto Channel

NEW YORK - July 6, 2009: General Motors achieved another milestone in its reinvention last night when Judge Robert E. Gerber of the U.S.

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Optimized Payments Launches Free Online Calculator to Helps Businesses Understand & Lower Credit Card Processing Costs

Published July 6, 2009, 12:01 am, PRWeb via Yahoo! News

In a weakened economy businesses and non-profits are looking to reduce any and all operating costs in order to improve their bottom lines. An area often overlooked due to its complexity is the cost of credit card processing. Optimized Payments Consulting has launched a free online calculator along with free webinars to help businesses of all sizes understand and lower their cost of electronic ...

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