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Business > Debt
The following information is about Debt.
Debt Defined
That which is owed. Debt refers to borrowed funds and is generally secured by collateral or a co-signer.
This definition is in context to Business. See more contextual defintions for Debt.
S.E.C. Charges a Venture Capitalist With Fraud
Published December 5, 2008, 5:06 am, The Hendersonville Times-News
Federal authorities accused William Del Biaggio III of defrauding investors and using the money to buy his $25 million stake in the Nashville Predators hockey team.
S Hajara
Published December 5, 2008, 5:05 am, Business Standard India
The fall in freight rates to 20-year lows, the global financial turmoil and rupee depreciation have hit shipping companies hard. Globally, many of them are not even able to recover running costs.
Viacom to cut 850 jobs in response to downturn
Published December 5, 2008, 5:04 am, The Kansas City Star
Amid an ongoing debt crisis at controlling shareholder Sumner Redstone's movie theater company, National Amusements Inc., media giant Viacom Inc. said it will slash about 850 jobs - 7 percent of its work force - and freeze some senior-level salaries.
Johnson Outdoors will cut costs after 4Q loss
Published December 5, 2008, 5:01 am, INO News
(AP:RACINE, Wis.) Johnson Outdoors Inc. said Friday after it swung to a large loss in its fourth quarter that it plans to slash spending, cut jobs and suspend its quarterly dividend in response to the global economic slump, which is hurting sales of boats and other products.
Viacom to cut 850 jobs in response to downturn
Published December 5, 2008, 5:00 am, The State
Amid an ongoing debt crisis at controlling shareholder Sumner Redstone's movie theater company, National Amusements Inc., media giant Viacom Inc. said it will slash about 850 jobs - 7 percent of its work force - and freeze some senior-level salaries. Viacom, which owns MTV Networks, BET Networks and Paramount Pictures, said the cuts are a response to the global economic downturn and not related ...
Interactive Data Increases Regular Quarterly Dividend
Published December 5, 2008, 5:00 am, Business Wire via Yahoo! Finance
BEDFORD, Mass.----Interactive Data Corporation , a leading provider of financial market data, analytics and related services to financial institutions, active traders and individual investors, today announced that its Board of Directors has authorized a 33.3 percent increase in the Company’s regular quarterly dividend to $0.20 per share, commencing with the dividend to be paid on March 31, 2009 ...
Interline Updates Status of NorthCut Debt
Published December 5, 2008, 5:00 am, PR Newswire via Yahoo! Finance
Interline Resources Corporation announced today the status of their outstanding debts for the NorthCut Refinery project.
Nanes Balkany Partners Sends Letter to Toreador Board of Directors
Published December 5, 2008, 5:00 am, Business Wire via Yahoo! Finance
NEW YORK----Nanes Balkany Partners I LP today announced that it has delivered a letter to the Board of Directors of Toreador Resources Corporation in which it expressed its concerns about the recent actions and strategic direction of the Company and outlined a number of proactive steps that Nanes Balkany believes would immediately maximize value for all stockholders.
Cummins to Reduce Worldwide Professional Workforce by at Least 500 Employees in Response to Global Economic Slowdown
Published December 5, 2008, 5:00 am, Business Wire via Yahoo! Finance
COLUMBUS, Ind.----Cummins Inc. announced today that it will reduce its professional workforce worldwide by at least 500 employees – or approximately 3.5 percent – by the end of 2008 as a result of the continued deterioration in the U.S. economy and many other key markets around the world.
Tea - a lion"™s share
Published December 5, 2008, 4:59 am, Business Standard India
Tata Tea has come a long way from being a large domestic plantation company into the world’s second largest branded tea player supported by various tea brands (own and acquired).
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Off-site Debt Links, User Submitted
The following links have been collected through user bookmark submission in the Debt category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Fri Dec 5
- Give your self the best Christmas present ever! | Craigburn Capital: Give your self the gift that keeps on giving long after the holidays are over.
- The Worst Is Yet To Come: Anonymous Banker Weighs In On The Coming Credit Card Debacle - Executive Suite Blog - NYTimes.com: Once again, greedy people with no morals help this world shift closer to doomsday. Asshats!
- Tips To Get the Best Debt Consolidation Loans: By debt consolidation you roll up all your debts under one lender. You borrow the total sum you owe to different lenders from a new lender and pay off to different lenders.
- Debt Settlement Solution: NetDebt
- Student loan consolidation rates
- Re-Financing with Shorter Loan Terms
- A time for financial risks | When the golden eggs run out | The Economist: Nor will their savings earn a decent return if they invest the money in the wrong place. Keep the money in the bank and the returns could be paltry and the capital eroded by inflation. Put the money in equities and the risk is that developed stockmarkets suffer the same long slow, grinding bear run as Japan. Dangerous as it might be, the second of these options looks the better. The time for investors to take financial risks is when risky assets offer a sizeable long-term return, not when risk premiums are low. Savers need to save themselves.
- Tax Debt Relief: Tax Debt Relief
Thu Dec 4
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