Rockwood Plans to Use Cash and Raise New Tranche of Term Loan A Under Senior ... - MarketWatch (press release)

today announced that its subsidiary, Rockwood Specialties Group, Inc., plans to use cash on hand and raise a new tranche of term loan A under its existing senior credit facility to redeem all of its outstanding senior subordinated notes, consisting of EUR 250.1 million in aggregate principal amount of 7.625% euro-denominated notes and $200 million in aggregate principal amount of 7.5%...

Draghi Sees No Evidence ECB Loans Are Financing Economy Yet - BusinessWeek

(Updates with Draghi comments from fourth paragraph. See DAVOS for more on the World Economic Forum’s annual meeting and EXT4 for more on Europe’s debt crisis.)

Jan. 27 (Bloomberg) -- European Central Bank President Mario Draghi said it’s not yet clear whether the ECB’s record injection of cash into the banking system is finding its way to households and businesses.

“Do we...

Merchants Bancshares, Inc. announces strong fourth quarter and annual 2011 results - vtdigger.org

 consecutive quarter at the current payout level.

“We are very pleased to report not only a very strong fourth quarter but the second most profitable year in our history. Highlights for the year include exceptional organic growth in loans, deposits and trust fees. At the same time asset quality improved throughout the year and finished at very favorable levels for both delinquencies and...

Source: vtdigger.org

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Google news feed

  1. USA TODAY Millennials use alternative financial services
    By Hadley Malcolm, Payday loans, check cashing and prepaid debit cards have found a new customer in the cash-strapped twentysomething. AP A neon signs illuminates a payday loan business in Phoenix. A recent survey suggests many underbanked
  2. Personal Loan Directory Lists Licensed Money Lenders Across Singapore
    For today's consumers, there are many choices when it comes to obtaining personal loans, regardless of credit history. In fact, with so many money lenders to choose from, it can be a time-consuming job to learn about each one.
  3. Boston Herald Curt Schilling meets with R.I. officials over loan woes
    Schilling huddled behind closed doors for more than two hours this morning in a “candid dialogue” with Rhode Island officials as they sort out his video game company's money mess. “My priority right now is to get back to my company.

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Bing news feed

  1. Insulting Germany unwise
    But, in fact, faulting thrift and industry is a prescription for incurring anger and guaranteeing backlash — especially in the case of the Germans, who are now asked to provide ... their books to get German cash — only when caught to blame ...
  2. Dimon Shows No Retreat: Bloomberg Businessweek Opening Remarks
    Today, JPMorgan has the most assets and the highest ... And even a pure commercial bank can make dumb loans and manage excess cash recklessly. That’s an argument for imposing even tougher capital requirements on the banks -- thicker risk ...
  3. At risk: a smart program for poor households
    A critical source of cash to help low-income households weatherize their homes ... for the Department of Energy's weatherization program. The administration is now proposing just $139 million nationwide for FY 2013: a 41 percent reduction.

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