First Data Announces Extension of the Tender Offers for its Outstanding Debt Securities (FinanzNachrichten)
Despite the debt reduction achieved so far, the report warns, "the deterioration in the global economic environment and the related decline in commodity prices have raised concerns about the ability of several HIPCs to reduce their debt burdens to sustainable levels." The World Bank considers a country's debt to be sustainable if the ratio between its total debt and its export earnings is less than 150 per cent, implying that it has enough export revenue to service its debt. Most African countries earn foreign currency through the sale of agricultural commodities, which, over the years, have been fetching lower and lower prices on the international market.
First Data Announces Extension of the Tender Offers for its Outstanding Debt Securities (FinanzNachrichten)
The offer expiration date will now be 8:00 a.m., New York City time, on September 20, 2007, unless extended or earlier terminated (as extended, the “ Offer Expiration Date “ ). As indicated in the Offer to Purchase referred to below, it is expected that the offer expiration date will be extended as necessary to coincide with the date that the Merger referred to below becomes effective.
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Eliminate Credit Card Debt (Benton Evening News)
(ARA) - You've heard the old adage, pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances.
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First Data Announces Extension of the Tender Offers for its Outstanding Debt Securities (Business Wire via Yahoo! Finance)
DENVER----First Data Corporation announced today that it has extended the offer expiration date and price determination date for its previously announced tender offers in respect of its outstanding 6-3/8% Notes due 2007 , 3.375% Notes due 2008 , 5.8% Medium-Term Notes due 2008 , 3.9% Notes due 2009 , 4.5% Notes due 2010 , 5.625% Senior Notes due 2011 , 4.7% Notes due 2013 , 4.85% Notes due 2014 ...
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Stelco shares up 39.7 per cent after US$1.1B offer by U.S. Steel (CP via Yahoo! Canada News)
TORONTO (CP) - Stelco Inc. (TSX:STE) and the company that's proposing to buy it for US$1.1 billion plus assumed debt, U.S. Steel Corp., will face major competitive challenges from offshore rivals that produce steel slab at lower prices, a steel analyst says.
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The future of your money (rediff.com)
New one-stop shops will redefine how you transact in shares, funds, insurance and debt.
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Air Industries Group Completes Acquisition of Welding Metallurgy (FinanzNachrichten)
Air Industries Group, ( Nachrichten ) Inc. (OTCBB: AIRI) today announced the completion of the acquisition of Welding Metallurgy, Inc., a metallurgical engineering and welding services provider and manufacturer based in West Babylon, Long Island, NY. Pursuant to the purchase agreement, Air Industries paid approximately $6 million, in the form of cash, debt and restricted stock.
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CDS: Only the Second U.S. Company to be Awarded TASC Certification (PR Newswire via Yahoo! Finance)
After a rigorous three day internal audit completed by BSI, Clear Debt Solution, CDS was awarded certification by The Association of Settlement Companies, TASC.
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Scotiabank reports strong third quarter performance (FinanzNachrichten)
TORONTO, Aug. 28 /PRNewswire-FirstCall/ -- Scotiabank ( Nachrichten ) today reported near record third quarter net income of $1,032 million compared with $936 million the same period last year.
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Nortel Government Solutions Wins US$39 Million Award from Homeland Security (Marketwire via Yahoo! Finance)
The U.S. Department of Homeland Security has awarded Nortel Government Solutions(1), a U.S. company wholly owned by Nortel(1)(NYSE: NT), an estimated US$39 million contract to substantially increase program management support for U.S.
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Cloud lifts over Hamilton (Toronto Star)
Stelco's new owners eased concerns yesterday that the company's Hamilton operations and jobs might be in jeopardy.
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First Data Announces Extension of the Tender Offers for its Outstanding Debt Securities (FinanzNachrichten)
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