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Category:
Press
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Bed Bath & Beyond Inc. Reports Results for Fiscal Third Quarter (Popularity:  )
Bed Bath & Beyond Inc. (Nasdaq: BBBY) today reported net earnings of $.58 per diluted share ($151.3 million) in the fiscal third quarter ended November 28, 2009, an increase of approximately 71% versus net earnings of $.34 per diluted share ($87.7 million) in the same quarter a year ago. Net sales for the fiscal third quarter of 2009 were approximately $1.975 billion, an increase of approximately 10.8% from net sales ...
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Pew Report Finds Credit Cards More Transparent, Yet Problems Remain (Popularity: )
http://www.pewtrusts.org
Most of the practices deemed "unfair" or "deceptive" by the Federal Reserve have disappeared from new credit card offers since federal passage of the Credit CARD Act last year, according to a new report by the Pew Health Group's Safe Credit Cards Project. Yet new trends have emerged that could cost cardholders significantly. The report finds that issuers have eliminated practices such as "hair trigger" penalty rate increases (disproportionate charges ...
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Home Prices Still Improving but at a Moderating Pace Entering the Fourth Quarter of 2009 According to the S&P/Case-Shiller Home Price Indices (Popularity: )
http://www.standardandpoors.com
Data through October 2009, released today by Standard & Poor's for its S&P/Case-Shiller (1) Home Price Indices, the leading measure of U.S. home prices, show that the annual rate of decline of the 10-City and 20-City Composites improved compared to last month's reading. This marks approximately nine months of improved readings in these statistics, beginning in early 2009.The annual returns of the 10-City and 20-City Composite Home Price Indices, declining ...
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Caterpillar Announces Program to Offer Product Financing Options to Customers in India (Popularity: )
http://www.magma.co.in/
As part of its commitment to enhance customer support, Caterpillar Inc. (NYSE: CAT) subsidiary Caterpillar India Private Limited announced today it has entered into agreements with its dealers in India and with key banks and Non Banking Financial Company's (NBFC's). The collaboration agreements will give customers in India new finance options for the purchase of Caterpillar machinery and power systems, which are being used to fuel growth and a wide ...
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Financial Trust Index Reaches All Time High at 26% (Popularity: )
http://www.kellogg.northwestern.edu/
Trust in America's financial system has reached its highest point since the start of the Chicago Booth/Kellogg School Financial Trust Index in 2008, according to the latest quarterly findings covering the period of April to June 2010, issued today. The new report shows that 26 percent of Americans trust the financial system - a gain of 3 percentage points over last quarter's figure - and that trust in all components ...
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GigaMedia Announces US$11 Million Share Repurchase Program (Popularity: )
http://www.gigamedia.com
TAIPEI, Taiwan, May 23, 2011 -- GigaMedia Limited (NASDAQ: GIGM) announced today that its board of directors has approved a US$11 million share repurchase program of the company's common stock.Under the terms of the approved program, GigaMedia may purchase up to US$11 million worth of its issued and outstanding shares beginning from June 1, 2011. The repurchases will be made from time to time on the open market at prevailing ...
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Postal Service Ends 2009 With $3.8 Billion Loss (Popularity: )
http://www.usps.com
The U.S. Postal Service (USPS) today filed its 2009 fiscal year-end financial results, showing a net loss of $3.8 billion for the year -- despite cost-cutting efforts resulting in $6 billion in cost savings and a $4 billion reduction in required payments for retiree health benefits. Cost savings reflect a reduction of 40,000 career USPS employees as well as reductions in overtime hours, transportation and other costs. The $4 billion ...
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Bankrate: Mortgage Rates Drop Below 5 Percent Again (Popularity: )
http://www.bankrate.com/
Mortgage rates continue to yo-yo up and down, with the average rate on the benchmark conforming 30-year fixed mortgage rate falling back to 4.94 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.To see mortgage rates in your area, go to http://www.bankrate.com/funnel/mortgages/.The average 15-year fixed mortgage retreated to 4.32 percent, while the larger jumbo 30-year fixed rate settled ...
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Caraustar Reduces Debt Obligation by $135 Million; Emerges in Record 82 Days; Closes on New $75 Million Credit Facility (Popularity: )
http://www.caraustar.com
Caraustar Industries, Inc. announced today that it has emerged from Chapter 11 as a newly reorganized private company eliminating approximately $135 million in debt.Michael J. Keough, president and chief executive officer, said, "We are gratified that the company has been able to expeditiously implement its Plan of Reorganization with minimal business disruption and in record time. As a result, Caraustar emerges with a strong, stable platform from which to operate, ...
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Despite Recent Reports the Recession Has Ended, Employment Confidence Dips in Third Quarter (Popularity: )
http://www.glassdoor.com/index.htm
Despite the Fed's recent proclamation that the "recession has ended," a new survey reveals employees and job seekers may not believe this claim due to continued layoffs and other cutbacks within many companies. According to the Q3 Glassdoor.com® Employment Confidence Survey of 2,407 U.S. adults conducted on its behalf by Harris Interactive®(2), nearly half (45 percent) of employees(1) reported their employers made changes to the number of staff, organizational structure, ...
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