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Navistar Financial said Tuesday it issued $350 million in securities that it said are eligible for a Federal Reserve program designed to spur lending to businesses.
Investors in Clearwire Corp., including Sprint Nextel Corp. and major cable companies, Tuesday said they are pumping an additional $1.5 billion into the company so it can keep building out its nationwide wireless data network.
A company that operates two hospitals and a medical office in New Hampshire is getting a $136.4 million federal loan for expansion and renovation projects.
Cinedigm Digital Cinema Corp. said Wednesday it had received commitment letters from lenders for loans up to $100 million, which will allow 2,133 theater screens to be converted from film to digital projectors.
While others argue over whether this really is the bottom, savvy buyers are taking advantage of the best market in years to purchase a home. If you’re an aspiring homeowner, here’s the know-how you need to snatch up a bargain — where to look, what to watch out for, and how to get financing that will make your home-ownership dreams come true.
The New Mexico Department of Transportation is struggling to cope with a drop in tax revenues that pay for its operations and highway projects.
American International Group Inc. said Monday it loaned another $2 billion in government-backed funds to its aircraft leasing unit to help its short-term financing needs.
Siemens Financial Services Inc. said Monday that it has loaned Windy Point Partners II $178 million to finance expansion of a wind project in Washington state.
Management consulting firms Watson Wyatt Worldwide Inc. and Towers Perrin, which plan to combine in 2010, said Friday they will enter into a $500 million revolving credit facility.
The parent of discount carrier AirTran Airways said Wednesday it has reached deals to extend its credit card processing agreement with its largest card processor and to give itself more financial flexibility.
Shortcomings in enforcement are allowing Saudi individuals and charitable organizations to steer financial support to Islamic extremists in Afghanistan and elsewhere, congressional investigators say.
Pork processor and hog producer Smithfield Foods Inc. on Tuesday priced its public offering of nearly 21.7 million shares at $13.85 per share.
Eastman Kodak Co. expects to draw $400 million of its $700 million in debt refinancing from qualified institutional buyers rather than from private equity fund Kohlberg Kravis Roberts & Co.
Eastman Kodak Co. said Wednesday it expects to raise up to $700 million through a series of debt sales in an effort to shore up its balance sheet.
Casino operator Wynn Resorts Ltd. plans to issue up to $500 million in new secured notes to help it pay down its debt.
Las Vegas Sands Corp. said Wednesday that it plans to raise up to $600 million in proceeds from an exchangeable bonds sale, as the casino operator looks to boost its liquidity.
Ciber Inc., facing tougher terms on its borrowing, said Thursday it completed a 3-year, $155 million financing package led by Bank of America.
General Motors Corp. said Friday it will pay $2 billion to Delphi Corp. to aid in the sale of the automotive parts supplier to a private equity firm, in exchange for equity of a newly restructured Delphi.
Auto parts supplier Delphi Corp. says it hasn't reached an agreement yet with the Treasury Department and its former owner General Motors Corp. over the fate of its bankruptcy process and will default on its loans if it fails to by Monday.
The Obama administration moved Wednesday to impose financial sanctions on two men accused of providing financial support to the Hezbollah terror group.
Despite an ongoing global credit crunch, Boeing Co. should not have to finance more airplane purchases for customers this year as other funding is available on the market, the company's chief financial officer said Thursday.
A Station Casinos Inc. spokeswoman says the private casino operator has agreed with lenders to extend its deadline to work through a plan to restructure its debt.
Casino company MGM Mirage Inc. said Friday it has paid $70 million toward construction of the massive CityCenter project on the Las Vegas Strip, covering its own half of the payment plus $35 million owed by its equal partner, Dubai World.
Blockbuster Inc. said Friday that its revolving and term loan agreement has been amended, giving the struggling company some breathing room on its finances amid a deepening recession and increased competition.
General Motors' financing arm said Wednesday it will temporarily waive some dealer fees and make $5 billion available for loans to an expanded pool of potential car buyers in a bid to halt the extended slide in U.S. vehicle sales.
Lawmaker: Hasan had communications with PakistanBy ANGELA K. BROWN and SUZANNE GAMBOA, Associated Press – Fri Nov 13, 8:55 pm ET
CNBC: Coke looking for the next real thingwith sales its flagship product flat, the company is scrambling to find the next blockbuster beverage. CNBC Special Report.
An update on the first time Homebuyers credit.Although the cerdit may be extended to a broader group of tax payers, as well as a higher income bracket. It will be scrutinized by the I.R.S. for poachers. read on.
More people are tapping their 401(k) for cashTrent Charlton knew the risks when he borrowed $10,000 from his 401(k) and cut his retirement savings in half.
CNBC: GE in talks to spin off NBC UniversalGE is in talks to spin off its NBC Universal unit;Comcast would hold a 51 percent stake in the new company, according to people familiar with the talks. CNBC's David Faber reports.
Wal-Mart CEO faces union push from workersSince its founding , retail giant Wal-Mart has blocked unions from its work force. But proposed federal legislation, and fresh push by workers, could make that more difficult. CNBC's David Faber reports.
In 2004 I had to medically retire from a 40-50K job. My standard of living was drastically changed overnight and I had to manage a meager lifestyle with less dependent primarily on Social Security. In five years I've managed to buy a very modest home and that's it.
Credit jitters spread to student loan marketCredit-market tremors - like the ones linked to the housing crisis - are beginning to show up in the $85 billion student-loan market.
Ultimate Fighting makes money hand over fistThe sport of mixed martial arts was once too hot to handle. But Ultimate Fighting Championship impresario Dana White turned UFC into a fistfull of dollars. C NBC reports.
House Bill HR1787 Poised to Kill Owner Financed / Creative Real EstateThe U.S. Senate is considering a bill that would severely limit the way you do business as a creative homeowner, small property investor or real estate agent/broker and, more importantly, is an inexcusable infringement of the property rights of all Americans.
Not so long ago we experienced one of the biggest financial expansions in American history. Credit was not only easily and readily available; it was also cheap.
REALTOR® Magazine-Daily News-Big Improvement to First-Time Buyer Tax CreditGreat News for Buyers
Co-signing FHA loan has strings attachedCo-signing FHA loan has strings attached...LOTS of strings attached!
House OKs bill to let judges rewrite mortgagesThe House has passed legislation to give debt-strapped homeowners a chance to win lower mortgage payments through bankruptcy courts.
Texas Senate passes $500M solar incentive billTexas would develop a $500 million solar energy rebate program to help make it easier for homeowners and businesses to tap into the power of the sun under a bill passed in the Senate.
Infomercials bloom amid economic droughtThirty years ago, the Ginsu knife helped launched the modern-day infomercial - a business that has thrived with the struggling economy. CNBC reports.
Chrysler creditors offer to take equity for debtBanks and hedge funds that hold $6.9 billion in Chrysler LLC debt have proposed forgiving $2.5 billion of it in exchange for about a 40 percent stake a Chrysler-Fiat alliance, according to two people briefed on the proposal.
GM, Chrysler to get $5.5B more in government loansGeneral Motors Corp. could get as much as $5 billion more in federal loans, while Chrysler LLC could get $500 million as they race against government-imposed deadlines to restructure, according to a government report filed Tuesday.
'Stress tests' harder on regional banksThe government's "stress tests" of 19 large banks take a harsher view of loans than of other troubled assets, wich favors a few Wall Street banks while potentially threatening regional players.
I've gone through the cable news cycles for CNN, Fox, and MSNBC today. most of MSNBC is blatantly Democrat, most of Fox is blatantly Republican, CNN somewhere in between.
States spending money to keep stimulus fundsWhen it comes to the $787 billion in federal stimulus money flowing from Washington to the states, it will cost money to spend money.
Banks' stress test results to be public May 4The report cards are almost ready. Federal regulators soon will announce how the nation's 19 largest banks performed on tests gauging their ability to withstand worsening economic conditions.
6 companies to get $9.9B under mortgage programThe Obama administration on Wednesday named the first six companies participating in a $75 billion program designed to help millions of struggling homeowners avoid foreclosure.
Mortgage relief money goes to six lendersThe Obama administration on Wednesday named the first six companies participating in a $75 billion program designed to help millions of struggling homeowners avoid foreclosure.
SEC: Tighter oversight of rating firms neededThe head of the Securities and Exchange Commission says the agency must do more to tighten oversight of Wall Street's credit-rating industry to help bolster investor confidence.
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