Archive for August, 2005



Wednesday 31 August 2005 @ 8:00 am


Collegiate Funding Services, Inc. Reaches Hispanic Market Through New Marketing Initiatives (PR Newswire via Yahoo! Finance)
Collegiate Funding Services, Inc. has launched a formal marketing initiative to provide the nation's fast growing Hispanic community with enhanced information and access to federal student loan consolidations.
Publ.Date : Mon, 29 Aug 2005 12:30:00 GMT




Tuesday 30 August 2005 @ 8:00 am


Providian Holders to Vote on Acquisition (ABC News)
Providian Financial Shareholders to Vote on Acquisition by Washington Mutual
Publ.Date : Mon, 29 Aug 2005 15:14:12 GMT

Loan limits stay put as college costs rise (Detroit News)
Incoming freshmen at the state's 15 public universities can expect to pay about $16,000 on average for tuition, fees, books, room and board, and other expenses such as transportation.
Publ.Date : Sun, 28 Aug 2005 05:40:52 GMT




Monday 29 August 2005 @ 8:00 am


Meda Interim Report, January—June 2005 (pzone via Yahoo! Australia & NZ Finance)
STOCKHOLM, Sweden, Aug. 25, 2005 (PRIMEZONE)—Meda sold its parallel trading operation, which leads to several accounting and technical consequences (because of IFRS 5) that affect comparability with previously reported figures.—Group sales reached SEK 712 million (362) (a,b) .—Operating profit increased to SEK 209.4 million (56.9) (a,b).—Profit after tax rose to SEK 131.1 million
Publ.Date : Thu, 25 Aug 2005 08:52:13 GMT




Sunday 28 August 2005 @ 8:00 am


Bruly McCall residents get water connections USDA grant helps lay pipe to about 500 homes (2theadvocate.com)
DONALDSONVILLE —Earline Gomez remembers when household water came from cisterns that collected rain. Later, when the 77-year-old built her own home in the Bruly McCall area off La. 943, water for daily use came from a well that also supplied her cattle.
Publ.Date : Sun, 28 Aug 2005 05:51:45 GMT

Indian Economy to Grow 7% This Year, Chidambaram Says (Update1) (Bloomberg.com)
Aug. 27 (Bloomberg)—India's Finance Minister P. Chidambaram said the economy will grow at 7 percent in the year to March 31, and urged commercial banks to lend more to companies and agriculture to accelerate growth.
Publ.Date : Sat, 27 Aug 2005 08:56:51 GMT




Saturday 27 August 2005 @ 8:00 am


Brazil stocks shrug off scandal (CBS Market Watch)
NEW YORK —Brazilian stocks rose Thursday, extending early gains on hopes for interest rate cuts. Rising Wall Street prices also helped buoy the Brazilian market, which ignored higher international oil prices. Crude closed up 17 cents to $67.49 in New York.
Publ.Date : Thu, 25 Aug 2005 22:19:14 GMT




Friday 26 August 2005 @ 8:00 am


Brazil stocks shrug off scandal (CBS Market Watch)
NEW YORK —Brazilian stocks rose Thursday, extending early gains on hopes for interest rate cuts. Rising Wall Street prices also helped buoy the Brazilian market, which ignored higher international oil prices. Crude closed up 17 cents to $67.49 in New York.
Publ.Date : Thu, 25 Aug 2005 22:19:14 GMT




Thursday 25 August 2005 @ 8:00 am


Thanks to Uncle Sam, student loan interest rates hike, but increased financial aid will counteract some costs (The Pitt News)
For some students, the cost of college is increased again this summer. But this time it wasn't the chancellor, the board of directors or even the University that was responsible. Blame the federal government.
Publ.Date : Wed, 24 Aug 2005 17:52:46 GMT

Paperwork delay sticks students with high loan rates (San Jose Mercury News)
For recent medical school graduate David Amstel, the opportunity to consolidate $150,000 in student loans and lock in a record-low 2.77 percent interest rate was a no-brainer. So as soon as he graduated in early June, he sent off his paperwork to Citibank and was told his consolidation was complete.
Publ.Date : Sun, 21 Aug 2005 11:56:43 GMT




Wednesday 24 August 2005 @ 8:00 am


Students pay extra as banks catch up on consolidations (Fort Wayne Journal Gazette)
NEW YORK – For recent medical school graduate David Amstel, the opportunity to consolidate $150,000 in student loans and lock in a record-low 2.77 percent interest rate was a no-brainer.
Publ.Date : Tue, 23 Aug 2005 10:11:59 GMT




Tuesday 23 August 2005 @ 8:00 am


Owens Corning Bankruptcy Consolidation Reversed (Law.com via Yahoo! Finance)
In a ruling that could prove to be worth nearly $1.9 billion for a group of banks, the 3rd Circuit has ruled that the judge overseeing the massive bankruptcy of Owens Corning improperly ordered a "substantive consolidation" of the company and all of its nonbankrupt subsidiaries.
Publ.Date : Fri, 19 Aug 2005 07:00:16 GMT




Monday 22 August 2005 @ 8:00 am


A home loan that's easy to carry. Or not (CNN Money)
Even if you wouldn't dream of running your credit-card balance through the roof, chances are you have no qualms about borrowing heavily against the roof over your head.
Publ.Date : Thu, 18 Aug 2005 21:16:11 GMT

Owens Corning Bankruptcy Consolidation Reversed (Law.com)
In a ruling that could prove to be worth nearly $1.9 billion for a group of banks, a federal appeals court has ruled that the judge overseeing the massive bankruptcy of Owens Corning improperly ordered a "substantive consolidation" of the company and all of its nonbankrupt subsidiaries.
Publ.Date : Fri, 19 Aug 2005 04:07:44 GMT




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