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An insiders guide to debt consolidation. Get on top of your debt. Matt Villano is a freelance writer and editor who contributes regularly to The New York Times, San Francisco Chronicle, Sunset, Coastal Living and TravelChannel.com. ...
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December 24th, 2008
Selected News
Fitch Affirms PPLs IDR at BBB; Lowers Electric Utilities Preferred Stock to BBB (Business Wire via Yahoo Finance)
NEW YORKFitch Ratings has affirmed the BBB Issuer Default Ratings and other debt ratings of PPL Corp. and its subsidiaries as shown below. In addition, Fitch has lowered the preferred stock ratings of PPL Electric Utilities Corp. to BBB from BBB and assigned shortterm IDR ratings of F2 to PPL Corp, PPL Capital Funding Corp. and PPL Electric Utilities Corp. Read more
Banks face new world order, consolidation: report (KPLC Lake Charles)
By Walden Siew NEW YORK (Reuters) Financial firms face a new world order after a weekend fire sale of Bear Stearns and the Federal Reserves first emergency weekend meeting since... Read more
Fitch Rates Metro Sewerage Dists (North Carolina) $55.8MM Sewerage System Revs AA; Outlook Stable (Business Wire via Yahoo Finance)
NEW YORKFitch Ratings assigns an underlying rating of AA to the Metropolitan Sewerage District of Buncombe County, North Carolinas $33.6 million sewerage system revenue refunding bonds, series 2008A and $22.2 million sewerage system revenue refunding bonds, series 2008B. Read more
Fitch Affirms PPLs IDR at BBB; Lowers Electric Utilities Preferred Stock to BBB (Centre Daily Times)
Fitch Ratings has affirmed the BBB Issuer Default Ratings (IDR) and other debt ratings of PPL Corp. and its subsidiaries as shown below. In addition, Fitch has lowered the preferred stock ratings of PPL Electric Utilities Corp. to BBB from BBB and assigned shortterm IDR ratings of F2 to PPL Corp, PPL Capital Funding Corp. and PPL Electric Utilities Corp. The lower preferred stock ... Read more
Airline Shares Jump on PreFed Announcement Bandwagon, Rising Even As Oil Prices Advance (Canadian Business)
NEW YORK (AP) Airline stocks joined in Wall Streets rally ahead of hopedfor interestrate cuts Tuesday, with a decision by Delta Air Lines Inc. to cut costs and capacity only adding to investors optimism for the slumping sector. Read more
Panel: Web Companies Due For Consolidation Wave (MultiChannel News)
New York A panel of private equity investors predicted that the online industry is due for a wave of consolidation, and that Microsoft Corp.s $44.6 billion bid for Yahoo is just the beginning. Read more