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Another payday loan debate on the horizon
Get ready for another debate on whether payday loan stores should return to Pennsylvania. State Sen. Pat Browne of Allentown said Friday he intends to introduce legislation in the next few weeks that would "redefine the debate" over access to short-...Tags: Consumers, Money and Monetary Policy, Finance, Credit and Debt, Bill Harris
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Business briefs - May 19
Potomac Bancshares Inc. CHARLES TOWN, W.Va. — Robert F. Baronner Jr., president and chief executive officer of Potomac Bancshares Inc., the one-bank holding company for Bank of Charles Town, announced its quarterly results for the period ending...Tags: Manitowoc Company Incorporated, Potomac Bancshares Incorporated, Corporate Officers, Edgewood, Hagerstown (Washington, Maryland)
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IPOs on the rise as stocks zoom
As the stock market reaches new highs, companies are trying to get in on the action by raising money through initial public offerings of their shares. So far this year, U.S. companies — and their owners — have tapped $16.1 billion through...Tags: LinkedIn Corp., Services and Shopping, Financing and Stock Offerings, Debt Market, Real Estate Buyers
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One step closer to obtaining funding to finish new Hedgesville public library building
matthewu@herald-mail.comThe Berkeley County Building Commission advanced a bond ordinance to second reading Thursday that would allow officials to obtain up to $700,000 in financing to complete the new Hedgesville, W.Va., public library building. The bond ordinance for the...Tags: Finance, Arts and Culture, Credit and Debt, Safety of Citizens, Government
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UK pension funds take on leveraged loans in search for yield
ReutersBy Sarah Mortimer LONDON, May 17 (Reuters) - UK pension funds are dipping a toe into the specialist market for high yielding but risky bank loans in an effort to offset poor returns in their traditional investment portfolios. After years of slow...Tags: Moody's Corporation, Pension and Welfare, Insurance, Credit Ratings, Finance
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ANALYSIS-Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersBy Gabriela Lopez MONTERREY, Mexico, May 16 (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short...Tags: Companies and Corporations, Mexico, Bankruptcy, Moody's Corporation, Trials
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Analysis: Liquidity issues and lawsuits hit Mexico's homebuilders
ReutersMONTERREY, Mexico (Reuters) - Struggling with slowing home sales and a lack of liquidity, Mexico's top three homebuilders may have to seek bankruptcy protection if they fail to reach an agreement with creditors in the short term. Home sales at Geo , Urbi...Tags: Companies and Corporations, Mexico, Bankruptcy, Moody's Corporation, Trials
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No let-up for busy US high-grade market
ReutersBy Joy Ferguson and Rachelle Kakouris May 16 (IFR) - There was no let-up in the high-yield market on Thursday even after the deluge of deals yesterday, when 10 issuers rushed to market for a total of USD7.5bn. A total of USD10.451bn has priced so far...Tags: StoneMor Partners LP, Brazil, Bonds, Services and Shopping, Univision (tv network)
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Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%
Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...Tags: Freddie Mac, Credit Ratings, Mortgages, Financial and Business Services
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Libor floors stripped from U.S. leveraged loans
ReutersNEW YORK (Reuters) - Massive demand from investors has pushed yields on U.S. leveraged loans to 2004 levels and aggressive market conditions continue to strip protection from new deals, including removing Libor floors that guarantee minimum yields for...Tags: Marketing, Finance, Mutual Funds, Credit and Debt, Constellation Brands Incorporated
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UBS Americas hires in-house experts to spur life insurance sales
ReutersNEW YORK (Reuters) - After years of urging its financial advisers to sell more life insurance, UBS Wealth Management Americas is bringing in full-time experts and offering financial incentives to prod its tradition-bound sales force outside its comfort...Tags: Morgan Stanley Dean Witter & Company, UBS AG, Bank of America Corp., Raymond James Financial Incorporated, Pension and Welfare
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Veterans home-loan bond money going untapped
SACRAMENTO — In the last century, Californians have said yes to every request for money to help veterans buy homes. Since 2000, they have signed off on $1.4 billion in bonds for that purpose. But most of that money remains untapped. In fact, the...Tags: Marketing, Health, Elections, Vietnam, Afghanistan
May 18, 2013
|Column| Allentown Morning Call
May 19, 2013
|Story| Herald Mail
May 19, 2013
|Story| Chicago Tribune
May 17, 2013
|Story| Herald Mail
May 17, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Reuters
May 16, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 14, 2013
|Story| Los Angeles Times
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