Refinancing Auto Loans News
- Aiful Climbs in Tokyo as Sentiment Turns for Consumer Lenders Thursday, January 14, 2010 @ 5:18AMAiful Corp., the Japanese consumer lender that secured a deal with creditors to avoid bankruptcy last month, extended a month-long rally as investors bet the government may ease restrictions on the industry.
- Continental AG Set to Agree on 2.5 Billion-Euro Loan (Update1) Friday, December 18, 2009 @ 4:19PMDec. 18 (Bloomberg) -- Continental AG , Europe’s second- largest auto-parts maker, plans to sign a 2.5 billion-euro ($3.6 billion) credit facility as early as today as part of a refinancing package that includes a share sale.
- Oerlikon Slumps After Proposing Debt-for-Equity Swap (Update2) Tuesday, December 8, 2009 @ 10:03PMDec. 8 (Bloomberg) -- OC Oerlikon Corp. AG, the Swiss maker of textile machines and solar-panel machines, fell the most in 18 years in Zurich trading after the company said it will seek to swap debt for equity and defer loan repayments to recharge finances.
- Tighter Bank Lending Standards Reinforce Fed Decision on Rates Tuesday, November 10, 2009 @ 10:51AMNov. 10 (Bloomberg) -- The Federal Reserve said U.S. banks kept tightening lending standards for companies and consumers last quarter, reinforcing the central bank’s decision to leave its benchmark interest rates at record lows for a long time.
- Kuwait: International Finance Company ratings action Sunday, September 6, 2009 @ 11:08AMCapital Intelligence (CI), the international credit rating agency, today announced that it has affirmed International Finance Company’s (IFC) KWD15mn secured bond rating of BBB-. A ‘Negative’ outlook is however assigned to reflect the challenging operating environment.
- Fed Treasury Buying to Slow Before Ending in October (Update1) Wednesday, August 12, 2009 @ 10:58PMAug. 12 (Bloomberg) -- The Federal Reserve said it will slow the pace of its $300 billion program to buy U.S. Treasuries as the recession eases and anticipates that the full amount will be purchased by the end of October.
- Fed Says Treasury Buying to End in October, Recession Easing Wednesday, August 12, 2009 @ 10:25PMAug. 12 (Bloomberg) -- The Federal Reserve said it will slow the pace of its $300 billion program to buy U.S. Treasuries and anticipates that the full amount will be purchased by the end of October.
- Interest Rate Roundup Thursday, August 6, 2009 @ 2:00PMSee rates from our survey of CDs, mortgages, home equity products, auto loans and credit cards.
- "Bubble-Mania" in Shanghai Spreads to Global Markets Tuesday, August 4, 2009 @ 11:29PMThe S&P-500 Index, a global bellwether for the world stock markets, extended its best five-month winning streak since 1938, by advancing through the psychological 1,000-level, and is up nearly 50% from its 12-year low set on March 10th.
- GMAC Financial Services Reports Preliminary Second Quarter 2009 Financial Results Tuesday, August 4, 2009 @ 4:00PMGMAC Financial Services today reported a second quarter 2009 after-tax net loss of $3.9 billion, compared to a net loss of $2.5 billion in the second quarter of 2008.
- Interest Rate Roundup Thursday, July 30, 2009 @ 2:00PMSee rates from our survey of CDs, mortgages, home equity products, auto loans and credit cards.
- MetLife sees defaults on the rise Wednesday, June 10, 2009 @ 8:35PMNEW YORK – Commercial mortgage defaults will rise over the next two to three years, according to MetLife Inc.’s chief investment officer. Steven Kandarian, speaking to Bloomberg Television today, said that “the worst is to come.
- Many car consumers making bad choices Wednesday, June 3, 2009 @ 1:29AMThousands are driving upside down cars.
- Rise in mortgage rates thwarts some attempts to refinance home loans Friday, May 29, 2009 @ 2:57PMNEW YORK -- Roger Wald recently discovered he would save $25,000 a year if he refinanced his five-year mortgage at 4.75 percent. Wald, an auto body repairman in Sarasota, Fla., could have gotten that rate last month.
- A Brief Incursion Into the Not-So-Big Two Friday, May 29, 2009 @ 8:00AMHave you heard about the secret office in the basement of the Treasury where officials are checking the political affiliations of auto dealers to ensure that it will be the Republicans who will be cut out during the Chrysler and General Motors bankruptcies?
- Higher mortgage rates hit too close to home Friday, May 29, 2009 @ 4:33AMNEW YORK • Roger Wald recently discovered he would save $25,000 a year if he refinanced his five-year mortgage at 4.75 percent. Wald, an auto-body repairman in Sarasota, Fla., could have gotten that rate last month.
- Small businesses caught in a financial meltdown squeeze Sunday, May 17, 2009 @ 2:05PMKen and Deborah Smith were caught in a classic business squeeze and#8212; they needed to expand their Maine-ly New Hampshire retail shop in downtown Portsmouth but the economic downturn last fall made credit to fund the expansion almost impossible to find.
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- Wells Fargo Earns Record $3.05 Billion, $0.56 EPS Wednesday, April 22, 2009 @ 4:00PMSAN FRANCISCO----Wells Fargo & Company : Record profits reflected business momentum across the newly combined Wells Fargo-Wachovia Record Wells Fargo net income of $3.05 billion Record net income applicable to common stock of $2.38 billion Earnings per common share of $0.56, after merger-related and restructuring expense of $206 million and $1.3 billion credit reserve build Preferred dividends ...
- UPDATE: Obama Delivers Economic Report Card, Defends Agenda Tuesday, April 14, 2009 @ 9:19PMWASHINGTON -(Dow Jones)- Delivering a report card on the U.S. economy after his first 12 weeks in office, U.S. President Barack Obama on Tuesday offered a stout defense of his agenda to kickstart growth and fix the financial sector.
- (AFX UK Focus) 2009-04-08 15:35 STOCKS NEWS US-SEC staff recommends short selling restrictions Wednesday, April 8, 2009 @ 6:53PMStocks on the move Real-Time Equity news
- Ford timing on debt deal praised Wednesday, April 8, 2009 @ 3:06PMFord Motor Co. has demonstrated a good sense of timing with its effort to restructure its debt. On Monday, Ford said it is spending $2.4 billion and using 468 million shares of stock to repurchase and reduce its automotive debt by $9.9 billion, an achievement the company said will help it survive without federal loans.
- Obama fields questions in online town hall meeting Thursday, March 26, 2009 @ 10:20PMPresident says he wants high-paying, high-skill jobs in future
- Mar 06th Friday, March 6, 2009 @ 11:57AMThe Bidvest Group reported this week solid trading results for the half year to 31 December 2008.
- Housing plan aims to help 9M, but leaves out many Thursday, March 5, 2009 @ 10:15PM The Obama administration’s housing plan is intended to help 9 million struggling homeowners avoid foreclosure, but it leaves out tens of thousands of borrowers in the most battered housing markets who won’t qualify because their homes have lost too much value. The program detailed Wednesday offers refinanced mortgages or modified loans with lower monthly payments. Yet its refinancing plan is ...
- Strong dose to revive economy Wednesday, December 31, 2008 @ 12:00AMNew Delhi, Dec. 30: The government’s second stimulus package may have a combination of tax sops and interest subsidies to select industries such as textiles, engineering, steel and automobiles along with interest rate cuts by the RBI and a protective wall against cheap Chinese imports.
- Housing Market Perfect for Online Firms Tuesday, December 30, 2008 @ 10:37PMLow mortgage rates, a glut of affordable homes, and big refinance opportunities are creating a data vacuum for online real estate firms.
- Bank M&A, eatery enthusiasm, auto deal lift small caps Saturday, December 20, 2008 @ 12:32AM The general atmosphere of cheaper gasoline and a mini-wave of refinancing activity provided a supportive element to the small-cap universe.
- Dollar Surges On News of Auto Bailout Friday, December 19, 2008 @ 9:21PMThe euro peaked Thursday morning and has dropped 6.2% since.
- Fed move could boost borrowing Wednesday, December 17, 2008 @ 12:25PM"More people are eligible for credit because their interest payments are lower," an economist says. The price of money for U.S. consumers went on sale in a spectacular way Tuesday after the Federal Reserve cut interest rates to their lowest level on record and promised to keep them low for a long time.
- US Fed, US banks slash interest rates Wednesday, December 17, 2008 @ 12:20PMThe price of money for American consumers went on sale after the US Federal Reserve cut interest rates to their lowest level on record and promised to keep them low for a long time.
- VW requests state guarantees for financial services unit Tuesday, December 9, 2008 @ 11:42PMFRANKFURT: Volkswagen said yesterday it had sought loan guarantees for its financial services unit as part of government aid for the banking sector, the first German automaker to ask for such help.
- VW asks for state guarantees for financial services unit Tuesday, December 9, 2008 @ 9:11PMFRANKFURT (AFP) - Volkswagen said Tuesday it had sought loan guarantees for its financial services unit as part of government aid for the banking sector, the first German automaker to ask for such help.
- UK car parts maker Wagon collapses Monday, December 8, 2008 @ 4:58PMLONDON – British car parts maker Wagon PLC said it planned to file for a form of bankruptcy protection on Monday after a global slump in demand for cars crippled its business.
- UK car parts maker Wagon collapses Monday, December 8, 2008 @ 4:06PMBritish car parts maker Wagon PLC said it planned to file for a form of bankruptcy protection on Monday after a global slump in demand for cars crippled its business. Wagon, which employs 6,300 people around the world making parts for Honda, Ford, General...
- Auto CEOs plead for aid, but senators skeptical Friday, December 5, 2008 @ 8:03AMGerald Herbert/The Associated PressGeneral Motors CEO Richard Wagoner (from left), United Auto Workers President Ron Gettelfinger, Ford CEO Alan Mulally and Chrysler CEO Robert Nardelli appear Thursday before the Senate banking committee. WASHINGTON -- Amid warnings of a "cataclysmic" impact...
- Auto Sales Slump In November Wednesday, December 3, 2008 @ 12:42AMDomestic and overseas automakers announce poor sales for the month of November.
- European banks going easy on corporate borrowers Tuesday, December 2, 2008 @ 10:31PMLenders are agreeing to modify the conditions of business loans, rather than force the borrowers into default and take a write-down on the debt.
- Auto Sales Slump In November Tuesday, December 2, 2008 @ 1:16PMChrysler said its November U.S. sales plunged 47 percent, GM reported a 41 percent drop and Ford said its sales were down 31 percent.
- Mortgage rate drop spurs rush to lenders for refinancing Thursday, November 27, 2008 @ 11:35AMA sharp plunge in U.S. mortgage rates prompted a rush to refinance, resulting in record-setting business Tuesday at Livonia-based Quicken Loans and big days for other lenders.
- School Notes -- Sun -- Nov. 14 Friday, November 21, 2008 @ 2:26AMSchool happenings from around Lamorinda
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
- Breakingviews.com : $4 trillion in corporate debt coming due Wednesday, November 12, 2008 @ 5:56PMCompanies that borrow direct from the banks will find there are simply fewer loans to go round. For others, issuing bonds is going to be more expensive.
