Posts Tagged ‘US’

Record donor aid, record costs dog charities

DAKAR, Senegal (IRIN) – Institutional donor aid in 2010 was at its highest-ever level – US$16.7 billion – but so were aid costs, says aid watchdog Development Initiatives in its annual Global Humanitarian Assistance (GHA) report, released today. The report, which looks at aid year-on-year over the past decade, also shows that disaster preparedness is [...]

Volkswagen postpones  MAN supervisory board takeover

Kris Alingod – AHN News Contributor Wolfsburg, Germany (AHN) – Volkswagen on Monday postponed its appointment of executives to truckmaker MAN’s supervisory board following advise from the European Union. The Wolfsburg-based company said it is in “constructive discussions” with the EU Commission after the panel said the appointments should be made after anti-trust clearance of [...]

US banks in ‘cash for keys’ foreclosure talks

The five biggest US mortgage servicers were told this week at a private meeting with regulators to consider paying delinquent borrowers up to $21,000 each as part of a broader settlement of the foreclosure crisis View full post on All Stories

RECKLESS AND RUTHLESS: Files show how aggressive lenders peddled mortgages borrowers couldn’t afford and pursued them when they failed to meet payments

Aggressive mortgage lending to high-risk borrowers by a British subsidiary of defunct US investment bank Lehman Brothers at the height of the property boom has been fully revealed for the first time in files obtained by Financial Mail. View full post on All Stories

S&P bond upgrades top downgrades as cash swells

More US companies had their credit ratings boosted by Standard & Poor’s this year than saw them cut for the first time since 1997 as borrowers increased profits and stockpiled cash. View full post on All Stories

Fed emergency borrowers ranged from GE to McDs

The Federal Reserve’s emergency lending during the financial crisis spanned the global economy, from the largest US financial firms to community banks, hedge funds and a fast-food company. View full post on All Stories

EPS, junk bond yields match first time since 1987

SAN FRANCISCO (MarketWatch) – For the first time since 1987, earnings-per-share yields for stocks in the S&P 500 are as high as yields on junk-bond debt tracked by Bank of America Merrill Lynch’s high-yield bond index, breaking with the norm, said David Bianco, head of U.S. equity strategy at Bank of America. “The S&P offering [...]

US Treasury stumbles selling Citi shares

The US government is in danger of missing its deadline of divesting all of its Citigroup shares by the year-end after a fall in stock market trading volumes prompted authorities to slow down sales in July and August View full post on United States Stories

US expects no big changes to Afghan war strategy: Gates

US defense secretary Robert Gates on Thursday said he expected no major changes to war strategy in Afghanistan when the government carries out a review in December. View full post on United States Stories

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