GM stock, warrants being sold

May 28th, 2011

GM stock, warrants being sold
The company that got stuck with General Motors Co.’s debts and bad assets will begin selling stock and warrants in the new GM, according to a regulatory filing Tuesday.

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Tennis’s Edberg Serving Up Bonds

May 28th, 2011

Tennis’s Edberg Serving Up Bonds
After six Grand Slam singles titles, Stefan Edberg is a part owner and board member of Stockholm-based Case Asset Management

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Council extends Internet cafe hours

May 26th, 2011

Council extends Internet cafe hours
Internet sweepstake cafe patrons in Elizabeth City will now be able to play their favorite online games much longer on Fridays and Saturdays. Dear Reader, This content is only available to subscribers of The Daily Advance print and/or e-edition.

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Turbo Power Systems Inc.: Amended Loan Agreement

May 25th, 2011

Turbo Power Systems Inc.: Amended Loan Agreement
LONDON, UNITED KINGDOM–(Marketwire – May 24, 2011) – TPS (”TPS” or the “Company”) (AIM:TPS)(TSX:TPS), the innovative electrical machines and electronic systems provider, announces that further to its press releases of 25 October 2010, 23 February 2011, 30 March 2011 and 15 April 2011 its wholly owned UK subsidiary, Turbo Power Systems Limited, has today entered into a new amended loan agreement …

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How The Government Created A Financial Crisis

May 24th, 2011

How The Government Created A Financial Crisis
By blatantly dismissing the very policies that always foster economic growth.

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KAR Auction Services, Inc. Completes $1.95 Billion Debt Refinancing

May 23rd, 2011

KAR Auction Services, Inc. Completes $1.95 Billion Debt Refinancing
CARMEL, Ind.–(BUSINESS WIRE)–KAR Auction Services, Inc. (NYSE:KAR) announced today that it has entered into a $1.7 billion, six-year senior secured term loan facility and a $250 million, five-year senior secured revolving credit facility with a syndicate of lenders. In addition to replacing the company’s prior senior secured credit facility, proceeds from the refinancing will be used to redeem …

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New Bill Seeks to Limit 401(k) Access

May 22nd, 2011

New Bill Seeks to Limit 401(k) Access
While the legislation’s heart might be in the right place, this provision would do more harm than good

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NRC review of TVA’s Browns Ferry nuke plant May 31

May 20th, 2011

NRC review of TVA’s Browns Ferry nuke plant May 31
CHATTANOOGA, Tenn. (AP) — Nuclear Regulatory Commission officials will discuss the 2010 performance of the Tennessee Valley Authority’s Browns Ferry Nuclear Plant on May 31 in Athens, Ala.

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Chrysler Completes ReFi Package

May 20th, 2011

Chrysler Completes ReFi Package
DETROIT (TheStreet) — Chrysler said Thursday it has put together a $7.8 billion refinancing package that should enable it to pay off its loans from the U.S. and Canadian governments. The automaker said Thursday evening that it plans to issue $3.5 billion worth of bonds. Chrysler has also secured a $3 billion term-loan facility and a $1.3 billion revolving credit facility that lets it borrow …

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Wells Fargo rebrands remaining Wachovia banks

May 19th, 2011

Wells Fargo rebrands remaining Wachovia banks
CHARLOTTE, N.C. (AP) — Wells Fargo & Co. said Monday it plans to complete the rebranding of all remaining Wachovia banks and facilities by the middle of October.

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American Dental Partners Announces Amended Senior Secured Credit Facility

May 17th, 2011

American Dental Partners Announces Amended Senior Secured Credit Facility
WAKEFIELD, Mass. — American Dental Partners, Inc. announced today that it successfully renegotiated its senior secured credit facility.

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How to ensure your compensation is paid

May 17th, 2011

How to ensure your compensation is paid
The banks have finally given up the fight and will not appeal against the High Court judgment on payment protection insurance (PPI), paving the way for millions of customers to reclaim their money.

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Avoid Foreclosure: Properly Handling An Underwater Mortgage

May 15th, 2011

Avoid Foreclosure: Properly Handling An Underwater Mortgage
The unstable environment of a bad economy can leave homeowners dreading how low their home values w

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After poll results, petrol prices rise Rs 5 a litre

May 15th, 2011

After poll results, petrol prices rise Rs 5 a litre
Within 24 hours of state election results oil marketing companies increased petrol prices by Rs 5 a litre, the steepest ever hike.

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2011 National Children’s Tumor Foundation (CTF) Ambassador Represents Cavaliers @ NBA Lottery

May 13th, 2011

2011 National Children’s Tumor Foundation (CTF) Ambassador Represents Cavaliers @ NBA Lottery
Nick “Picks” Gilbert To Take Stage for the Wine and Gold!

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