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  • FTC rules take aim at debt-relief industry Friday, July 30, 2010 @ 5:00AMThe Federal Trade Commission issued stringent new rules cracking down on the burgeoning debt-relief industry on Thursday, saying it too often charges consumers hefty upfront fees but fails to reduce the amount of money they owe creditors. Business - Debt settlement - Financial Services - Federal Trade Commission - Financial Planning
  • Seacoast Bank reports second-quarter net loss of $13.8 million Thursday, July 22, 2010 @ 11:24PMSTUART — Seacoast Banking Corp. of Florida, a bank holding company whose principal subsidiary is Seacoast National Bank, today reported a second quarter 2010 net loss of $13.8 million, compared to a net loss of $63.0 million for the second quarter of 2009 and a net loss of $1.6 million for the first quarter this year.
  • Seacoast Reports Results for Second Quarter 2010 Thursday, July 22, 2010 @ 9:01PM-
  • KeyCorp Reports Second Quarter 2010 Profit Thursday, July 22, 2010 @ 11:18AM-
  • Canterbury Building Society hints at merger timing Tuesday, July 20, 2010 @ 11:44PMJuly 21 (BusinessDesk) – Canterbury Building Society dropped more hints on the proposed merger to form a South Island bank, telling shareholders they can expect a vote in mid- to late-November.
  • Americans managing debt better as economy recovers Tuesday, July 20, 2010 @ 9:55PMNEW YORK -- Americans are slowly regaining control of their household budgets. Business - Financial Services - Financial Planning - Debt consolidation - Personal Finance
  • Julian Knight: Mr Hoban, please stop the savings carousel Sunday, July 18, 2010 @ 12:12AMEver have that feeling that you are going around in circles – that you have heard the same old arguments and disagreements time and time again?
  • Effective Credit Card Debt Relief, Consolidation Programs Discussed Friday, July 16, 2010 @ 4:37PMWith Credit Card Debt a Collective Issue Today in America, National Debt Relief Program Discusses Options and Programs for Reducing and Better Managing This Debt
  • Effective Credit Card Debt Relief, Consolidation Programs Discussed Friday, July 16, 2010 @ 4:26PMLOS ANGELES, CA--(Marketwire - 07/16/10) - As this series of reports has documented in the past, the explosive growth in credit card debt in America has caused a situation today that many are calling a personal debt crisis. This type of debt can be particularly tough to make headway against, given the economic reality in which we live in. In response to these economic conditions, debt relief ...
  • Global economy yet to come out off the boil Thursday, July 1, 2010 @ 9:52AMAlthough companies have been able to tap bond markets, the recovery of global financial markets is shaky
  • Alok Sheel: Fiscal paradoxes Wednesday, June 30, 2010 @ 10:23PMAfter initially falling more sharply than in the first 12 months of the Great Depression of 1929, global output, industrial production, equity markets and trade have picked up smartly. While the recovery in advanced countries is anaemic compared to that in previous recessions, and is relatively jobless, dynamic emerging market economies seem to be firing on all cylinders once more.
  • IMF urges support for homeowners Friday, June 25, 2010 @ 8:59AMThe International Monetary Fund has called for support measures to protect vulnerable homeowners in Ireland burdened with mortgage arrears as a result of the financial crisis.
  • X-debt Consistently Ranks in the Top 10 IVA Businesses in the Country (The Insolvency Exchange) Thursday, June 17, 2010 @ 12:47PMX-debt, a trading name of Debts Solved Limited is consistently ranking in the top 10 for approved Individual Voluntary Arrangements in the UK, according to data from The Insolvency Exchange.
  • EU presses Spain to detail deficit reduction plans Tuesday, June 15, 2010 @ 5:11PM(STRASBOURG ) - Europe on Tuesday pressed Spain to clarify precisely how it intends to get its public deficit below the EU limit of three percent of GDP by 2013.
  • CitiFinancial trimming CT branches Wednesday, June 2, 2010 @ 4:29PMCitigroup Inc. will close 376 branches - including ones in Connecticut -- and cut as many as 720 jobs at its CitiFinancial consumer-lending businesses in the U.S. and Canada, under a plan to make the units more attractive to potential buyers, Bloomberg News reports.
  • CitiFinancial to close 6 branches in state Wednesday, June 2, 2010 @ 2:44AMCitigroup Inc. will close 376 branches and cut as many as 720 jobs at its CitiFinancial consumer-lending businesses in the United States and Canada, under a plan to make the units more attractive to potential buyers. CitiFinancial, based in Baltimore, will close six branches in Maryland. The job cuts, disclosed by CitiFinancial Chief Executive Officer [...]
  • CitiFinancial reorganization to close 330 U.S. branches, 6 in Md. Tuesday, June 1, 2010 @ 9:35PMMove affects 500 to 600 jobs Baltimore-based CitiFinancial, the consumer lending arm of financial giant Citigroup Inc., said Tuesday that it plans to close 330 branches across the U.S., including six in Maryland, in an effort to reorganize its business.
  • CitiFinancial to reorganize, close 330 U.S. branches Tuesday, June 1, 2010 @ 9:14PMMove affects 500 to 600 jobs Six branches in Maryland slated for closure; 500 to 600 jobs could be cut nationwide
  • Lithuania—2010 Article IV Consultation Concluding Statement Tuesday, May 25, 2010 @ 11:18PM1. The economy is recovering supported by a determined policy response and the global upturn. Confidence in the banking system was maintained thanks to parent bank support and the actions taken by the authorities to lower reserve requirements and increase the deposit insurance coverage.
  • Debt Settlement Company Bankruptcy Alternative Provides Faster Debt Consolidation than Credit Counseling Saturday, May 22, 2010 @ 6:15PMClients of Debt Free League are given a better option to avoid bankruptcy and substantially reduce credit card debt. They are to curtailing financial hardships sidestepping conventional credit counseling debt management plans with a stronger, much faster debt relief solution. (PRWeb May 22, 2010) Read the full story at http://www.prweb.com/releases/credit/counseling/prweb4038004 ...
  • Debt Settlement Company Bankruptcy Alternative Provides Faster Debt Consolidation than Credit Counseling Saturday, May 22, 2010 @ 6:00PMClients of Debt Free League are given a better option to avoid bankruptcy and substantially reduce credit card debt. They are to curtailing financial hardships sidestepping conventional credit counseling debt management plans with a stronger, much faster debt relief solution.
  • U.S. Federal Reserve Meeting Minutes for April 28 (Text) Wednesday, May 19, 2010 @ 8:45PMMay 19 (Bloomberg) -- Following are the minutes of the Federal Reserve’s Open Market Committee meeting that concluded on April 28.
  • Ukraine - Macroeconomic situation - April 2010 Wednesday, May 19, 2010 @ 8:55AM[1] Export-led real GDP growth was estimated at around 5% yoy in 1Q 2010. [2] Public finances remain strained with expenditure growth notably outpacing the increase in revenues.
  • Debt consolidation: how to use it wisely Sunday, May 16, 2010 @ 1:37AMDebt consolidation can be a useful way to pay down debt. But many people use it without curbing overspending.
  • ‘Shock & awe’ drive markets but is Europe’s crisis over? Monday, May 10, 2010 @ 6:56PMAfternoon Update: Stocks surge, but euro rescue ‘does little to address the structural budget problems that lie at the heart of this crisis.’ And, how Canada’s digital divide is narrowing
  • Baoshan Steel, SAIC Motor, Shenhua: China Equity Preview Monday, May 10, 2010 @ 5:46PMThe following companies may have unusual price changes in China trading. Stock symbols are in parentheses, and share prices are as of the last close.
  • Eurozone-IMF rescue plan -- key points Monday, May 10, 2010 @ 8:48AM(BRUSSELS ) - Main points of a 750-billion-euro bailout package for the eurozone, announced Monday by EU finance ministers. -- Creation of a new eurozone stabilisation mechanism composed of two elements.
  • Debt woes in Greece turn violent as fears spread to other European countries Thursday, May 6, 2010 @ 5:00AMMADRID -- Violence erupted in Greece on Wednesday when tens of thousands of demonstrators protesting stringent economic measures hit the streets in Athens, rioters heaved Molotov cocktails and three bank employees died after their building was torched. Greece - Business - Financial Services - Financial Planning - Debt Consolidation
  • Futures Rise on Greece Aid Package, Airline Merger Monday, May 3, 2010 @ 12:39PMStock futures were pointing toward a positive open Monday as investors digest a $146 billion bailout package for Greece, following weeks of negotiations, along with announced merger in the airline industry.
  • Julian Knight: We could soon be experiencing our own Greek crisis Sunday, May 2, 2010 @ 12:08AMBeware Greeks bearing gilts. So goes the attitude of the international markets towards the collapsing Greek economy.
  • Credit card debt requires new plan Wednesday, April 14, 2010 @ 12:37PMDear Dr. Don, I am trying to consolidate my credit card debt. Late last year, I was denied a home equity loan from two banks because of too much revolving credit (the same credit I wanted to pay off with the loan).
  • If you want to understand Kyrgyzstan, read this Saturday, April 10, 2010 @ 2:09AMThe authoritative guide to understanding "the most insubordinate, rebellious, and mutinous nation" in Central Asia
  • Buying or Selling a Home? Thursday, April 8, 2010 @ 4:40PMThe bankruptcy statistics in America are alarming. The past few decades have seen a dramatic rise in the number of people who are unable to pay off their debts, and Congress has recently addressed the issue with legislation that makes it harder to qualify for this status.
  • Harry Winston Diamond Corporation Announces Fiscal 2010 Fourth Quarter and Year-End Results Wednesday, March 31, 2010 @ 10:59PMHarry Winston Diamond Corporation today announced its fourth quarter and year-end results for the period ending January 31, 2010.
  • Many Canadians struggle to afford their homes Wednesday, March 31, 2010 @ 7:18PMOne in five Canadian homeowners struggling to keep a roof over their heads have to make drastic cuts to even the basics, and that number could soon balloon as the costs of home ownership increase, experts say.
  • Prosper Closing in on $200 Million in Loans and Series D Wednesday, March 31, 2010 @ 3:01PMSAN FRANCISCO----Prosper.com, the world’s largest peer-to-peer lending marketplace with nearly one million members and over 32,000 funded loans totaling over $193 million, today announced that the company entered into a Letter of Intent with new and existing investors for a Series D round in the range of $13.3 million to $15.8 million.
  • Zargon Energy Trust Announces 2009 Fourth Quarter And Full Year Results Wednesday, March 10, 2010 @ 10:11PMCALGARY, ALBERTA--(Marketwire - March 10, 2010) - Zargon Energy Trust (TSX:ZAR.UN) (TSX:ZOG.B) ("Zargon" or the "Trust") today announced its operating and financial results for the fourth quarter and year ended December 31, 2009. H
  • Increased turnover crucial for sustained Bursa recovery Sunday, February 28, 2010 @ 10:31PMImproved regional sentiment on hopes the US will keep interest rates low for a prolonged period, better-than-expected earnings from a slew of blue-chip companies and strong fourth quarter economic growth numbers helped the local stock market sustain gains for a third straight week.
  • Increased turnover crucial for sustained Bursa recovery Sunday, February 28, 2010 @ 5:02PMImproved regional sentiment on hopes the US will keep interest rates low for a prolonged period, better-than-expected earnings from a slew of blue-chip companies and strong fourth quarter economic growth numbers helped the local stock market sustain gains for a third straight week. For the week, the blue-chip benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 13.11 points ...
  • Industry acclaims budget as reform and growth-oriented Friday, February 26, 2010 @ 10:45PMNEW DELHI: India Inc on Friday acclaimed the Union Budget for 2010-11 as a reform-oriented exercise aiming for fiscal consolidation and a stable macro economic environment that would chart the growth path.
  • Research and Markets: Australian Annual Personal Lending Market Outlook - Market Opportunities, Trends & Forecasts Wednesday, February 17, 2010 @ 9:33AMDUBLIN----Research and Markets has announced the addition of the "Annual Personal Lending Market Outlook - Market Opportunities, Trends & Forecasts" report to their offering.
  • New Website Gives Plenty to Tweet About Wednesday, February 17, 2010 @ 1:35AMMike Pero Mortgages’ website has undergone a complete revamp and has recently been launched to the market.
  • First State Reports Fourth Quarter Results Monday, February 1, 2010 @ 12:00PMALBUQUERQUE, N.M.----First State Bancorporation :
  • Yen May Extend Advance as China Curbs Lending, Deterring Risk Tuesday, January 26, 2010 @ 10:39PMThe yen and dollar may extend their advances versus most of their major counterparts on speculation China will take further steps to cool its economy, discouraging demand for higher-yielding assets.
  • Prosper Releases Peer-to-Peer Lending Market Survey Tuesday, January 26, 2010 @ 10:13PMSAN FRANCISCO----Prosper.com, the world’s largest peer-to-peer lending marketplace according to Deutsche Bank, today released December 2009 statistics and second half of 2009 marketplace performance metrics.
  • VA Mortgage Lender Gives Back To Soldiers and Veterans Tuesday, January 19, 2010 @ 12:00PMSome 250 employees of iFreedom Direct Corporation, a top-twenty national VA mortgage company, have made a difference with two very personal donations. The employees gave generously with payroll deductions to make up the collective donation to the Navajo Code Talkers Association and a phone home project for Utah soldiers serving in Afghanistan.
  • Kuwait M2 keeps moving up; oil under pressure Sunday, January 17, 2010 @ 7:30AMKuwait M2 keeps moving up; oil under pressure
  • Iowa bankruptcies up 26% in ’09 Thursday, January 7, 2010 @ 11:52AMBut it’s less than the national increase of 32% for individuals and businesses
  • Prosper Sees Spike in Borrowers Seeking to Knock Out Credit Card Debt Tuesday, December 8, 2009 @ 2:53PMSAN FRANCISCO----Prosper.com, the world’s largest peer-to-peer lending marketplace based on an independent report from Deutsche Bank, today released November 2009 performance data. Notable in November, the average credit score of funded borrowers was 718 and 54% of loans were for debt consolidation purposes.
  • Number of deposit-taking NBFCs falls Wednesday, October 7, 2009 @ 2:55AMRegistered ones also decline. In a sign that consolidation in non-banking finance companies (NBFCs) is still on, the number registered with the Reserve Bank of India (RBI) declined from 12,968 in June 2007 to 12,809 a year later.