Credit Research News - July, 2007

Adjusted EBITDA Up 12.4 Percent in Quarter; Nalco On Path to Achieve 2007 Targets

Nalco Holding Company (NYSE:NLC) second quarter 2007 sales and earnings growth continued on pace with the Company's full-year expectations

ITC^DeltaCom Announces Completion of $377 Million Debt and Equity Financing

ITC^DeltaCom, Inc. , a leading provider of integrated communications services to customers in the southeastern United States

Anadarko second-quarter net income falls 20 percent

Charges took a bite out of oil and gas explorer Anadarko Petroleum Corp.'s second-quarter net income.

About Debt Consolidation Services - What You Need To Know

Debt consolidation services are companies who specialize in helping you free yourself from the burden of debt.

Wheels Greased For Mergers In Oil Services

Worries of fading buyout activity rattled U.S. equity markets last week, but the M&A action could just be starting in the oilfield services and equipment sector.

T-3 Energy Services, Inc. Announces Second Quarter 2007 Earnings

T-3 Energy Services, Inc. ("T-3 Energy") (Nasdaq:TTES) reported second quarter 2007 income from continuing operations of $5.3 million

Rainbow National Services to Redeem Portion of Debt

Cablevision Systems subsidiary Rainbow National Services (RNS) is redeeming a portion of its outstanding debt with $203 million in cash.

Bulls Load Up on Stocks in Worst Rout Since 2002

The biggest losses in equity and credit markets in five years are making the U.S. stock bulls more bullish.

Asking the Wrong Questions About Debt

A few months ago, investing guru Ken Fisher wrote that while a little debt may be good for us, a lot more of it can be great.

Debt Consolidation Basics: What you need to know first

A debt consolidation loan is a means of taking a single loan for a fixed interest rate, to pay off a number of other debts with higher interest rates.

Mergers could save suburbs money, boost services, experts say

When the autumn leaves fall, Larae Koerber is envious of those who live on the Ferndale side of West End Street.

Collapse All Your Debt Into A Single Bad Credit Debt Consolidation Plan

Bad credit debt consolidation is the best tool for those who want to eradicate all their various debts into a single repayment module.

Flood of cheap cash turns market toxic

A little over four years ago, as the US economy struggled to pick itself up after the dotcom crash, Alan Greenspan cut US interest rates to 1pc.

In Case You Missed It ... Corzine Retreats in War on Debt

The bully pulpit to which Gov. Jon Corzine lays claim over the state's crushing debt was inexplicably contradicted by Corzine's signature

John G. Labrie Named President of Con-way Freight

Con-way Inc. today announced that it has named John G. Labrie to the position of president, Con-way Freight. Labrie was previously senior vice president of strategy

ITT Reports Second Quarter 2007 EPS from Continuing Operations of $1.08 with Strong Organic Growth

ITT Corporation today reported second quarter 2007 earnings from continuing operations of $199 million, or $169 million adjusted to exclude special items

Huge flight-to-safety rally lifts U.S. note prices

Prices of U.S. Treasury securities rose Thursday, pushing 10-year yields to their lowest level since May

Interview With Cabela's CEO Dennis Highby

The Motley Fool recently interviewed Dennis Highby, CEO of December 2006 Hidden Gems recommendation Cabela's (NYSE: CAB).

Invista outlook revised to positive; senior unsecured debt raised to 'BB-' - S&P

Standard & Poor's Ratings Services revised its outlook on Invista BV to positive from stable and raised its senior unsecured debt rating on the company to 'BB-' from 'B+'.

City responds to ESD 3 petition for judgment on debt

The city of Orange on Wednesday filed a response to the petition filed earlier this month by Orange County Emergency Services District No. 3.

Republic Services, Inc. Reports Quarterly Earnings of $0.45 Per Share

Republic Services, Inc. today reported net income of $87.2 million, or $0.45 per diluted share, for the three months ended June 30, 2007

P.A.M. Transportation Services, Inc. Announces Results for the Second Quarter Ended June 30, 2007

P.A.M. Transportation Services, Inc. today reported net income of $2,192,294 or diluted and basic earnings per share

Allied Capital Announces Investment in Leading Franchisor of In-Home Care Services

Allied Capital Corporation (NYSE:ALD) announced today that it has committed $44.3 million to support the buyout of CK Franchising Inc.

Deluxe Reports Second Quarter 2007 Results

EPS of $0.69 exceeds expectations- Cash flows remain strong- Raises full-year outlook on continuing momentum

Debt Settlement Services Provide Needed Debt Help According To ChristiaNet.com Poll

Debt settlement services such as debt negotiation, collection agencies, credit card reduction and bankruptcy information are some of the debt help related articles at http://www.christianet.com/debtsettlement/.

S&P Rates Union Pacific Debt at "A"

Standard & Poor's Ratings Services on Wednesday assigned a "A" rating to Union Pacific Railroad Co.'s $479.3 million

Eukopia Holdings plans a move to Port Townsend

With the goal of "blowing the socks off the financial industry," in the words of its CEO, Eukopia Holding Inc. has arranged to relocate its national corporate headquarters

3 Things To Watch Out For With Debt Consolidation Services Online

Most of us are swamped with bills like credit cards and auto loans, so we're turning to debt consolidation services to help us regain control of our finances.

ChoicePoint(R) Reports Second Quarter 2007 Results

For the second quarter of 2007, ChoicePoint Inc. reported a 3.3 percent increase in service revenue from continuing operations to $264.0 million

Chrysler buyout loan hits skids

JP Morgan faces being lumbered with $12 billion (£5.8 billion) of debt after failing to drum up investor interest in financing Cerberus Capital Management's

Water remained on, now town's trying to recover $216,000 debt

Water to nearly 300 Mooresville homes was cut off last month because the residents failed to pay their water bills

Ryerson ratings on negative watch on plan for purchase by Platinum Equity - S&P

Standard & Poor's (NYSE:MHP) Ratings Services said it has placed its ratings on Ryerson Inc (NYSE:RYI) on negative watch

McGraw-Hill Net Rises 25% on Demand for Debt Ratings

McGraw-Hill Cos., the publisher of Business Week, said second-quarter profit climbed 25 percent as demand rose

S&P warns AMD of possible ratings downgrade in '08

A major corporate credit evaluation firm today reaffirmed its B-negative rating on Advanced Micro Devices Inc.

Columbus McKinnon Reports Continued Margin Expansion, Debt Reduction and Earnings Growth in Fiscal

Columbus McKinnon Corporation , a leading designer, manufacturer and marketer of material handling products

BJ Services Reports Third Fiscal Quarter Earnings of $0.57 Per Diluted Share

BJ Services Company today reported net income of $168.3 million for the third fiscal quarter ended June 30, 2007

Morgan Stanley Wants to Build 'Debt Free' Stadiums for Colleges

A heavyweight in the financial-services industry wants to corner the fast-growing market for new college-sports facilities.

LSC general, debt services funds to go up

The Lafayette School Corp. will see some substantial increases in its general and debt services funds in 2008.

N.J.: Stem cell, open space equal debt

Gov. Jon S. Corzine has spent months arguing the state must tackle mounting debt, yet supports plans to borrow $650 million

Equifax Delivers Strong Revenue and Earnings in Second Quarter 2007; Completes Largest Acquisition

Equifax Inc. today reported second quarter results. Revenue increased to $454.5 million, up 17 percent compared to the second quarter of 2006.

Lincare Holdings Inc. Announces Second Quarter and First Half 2007 Financial Results

Lincare Holdings Inc. , a leading provider of oxygen and other respiratory therapy services

Sector Snap: Hospital Operators Fall

Shares of several acute-care hospital operators fell Monday after LifePoint Hospitals Inc. reported a 62 percent drop

The Bank of New York Mellon's Pershing Unit to Provide Customers with Access to Innovative Trading

Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, has added Neovest, Inc. to its suite of comprehensive open architecture

Use Free Debt Consolidation Help For Eliminating Your Debts

If you are caught in the vortex of debt, do not despair as free debt consolidation help will show you the way out.

Show Time for Some Consumer Stocks

WITH HIS FUND UP MORE THAN 50% in the past year, Larry Haverty was a natural candidate for an encore interview.

Get Debt Consolidation Quote And Get The Best Value For Your Money

Test the waters before you jump, getting a quote can help stay away from frauds. Getting a debt consolidation quote is like testing

LIMC IPO Analysis: Plenty Of Room For Growth

On July 8, Bill Simpson wrote an analysis of Limco-Piedmont (LIMC). Limco-Piedmont's offering priced late

Retirement is no bargain

Delores Jones is worried her money will run out.

Debt Market Is Squeezing Private Equity

After two years of rapid-fire deal making, private equity firms are finding it harder to get the job done.

AMCOL International (NYSE: ACO) Reports 26% Increase in Diluted Earnings Per Share

AMCOL International Corporation today reported 2007 second-quarter income from continuing operations of $15.3 million or $0.49 per diluted share

Debt Shield President Points to One Million Foreclosures

Maryland-based debt settlement company executive sees record foreclosures as a sign of continued consumer debt and calls for consumer awareness and industry reform.

Moody's, S&P to Review PPG Ratings

Two credit rating agencies put PPG Industries Inc., a supplier of paints, coatings and chemicals

Sensient Technologies outlook raised to stable; 'BB+' affirmed - S&P

Standard & Poor's Ratings Services revised its outlook on Sensient Technologies Corp to stable from negative and affirmed its 'BB+' corporate credit

S&P slashes second-lien mortgage bond ratings

Standard and Poor's Rating Services dropped the other shoe Thursday, announcing it would downgrade 418 classes of U.S.

Manpower Reports 2nd Quarter and First Half 2007 Results

Manpower Inc. today reported that earnings per diluted share for the three months ended June 30, 2007 increased 104% to $1.86 from 91 cents

NASDAQ Announces Second Quarter 2007 Results

The Nasdaq Stock Market, Inc. ("NASDAQ(r)") (Nasdaq:NDAQ), today reported second quarter 2007 net income of $56.1 million

Noble Corporation Reports Record Second Quarter Earnings of $2.16 Per Share, Up 66 Percent From Year

Noble Corporation today reported second quarter 2007 earnings of $290 million or $2.16 per diluted share versus $180 million or $1.30

IBM Reports 2007 Second-Quarter Results

-IBM (NYSE: IBM) today announced second-quarter 2007 diluted earnings of $1.55 per share from continuing operations

House panel votes to bar outsourcing of tax debt collections

Bills to repeal the Internal Revenue Services' authority to use private collection agencies to collect delinquent taxes

Woman goes bankrupt after getting debt help from Fla. firm

A Knox County woman contacted a Florida consolidation firm when she was trying to avoid bankruptcy.

Johnson Controls Reports Record Third-Quarter Sales and Earnings; Confirms Guidance for 2007 Fiscal

Johnson Controls, Inc. today reported record sales and earnings for the third quarter of fiscal 2007.

Chrysler Forced to Pay Higher Rates on Buyout Debt

Chrysler increased the interest rates on $12 billion of loans it is seeking to fund a buyout by Cerberus Capital Management LP

Rohm and Haas cut two notches to 'BBB' on shift in financial policy - S&P

Standard & Poor's Ratings Services lowered its long-term corporate credit and senior unsecured debt ratings on acrylic chemical products

S&P: ReAble Therapeutics Inc. Ratings Unaffected By DJO Inc. Debt Purchase Announcement

Standard & Poor's Ratings Services said today that its ratings on ReAble Therapeutics Inc.

GSI Group outlook cut to stable as opg performance will offset higher debt - S&P

Standard & Poor's Ratings Services revised the outlook of US-based GSI Group Inc to stable from positive

Moneymakers

Marcella Thompson is an accountant but grew lonely working in a back room with nothing but a calculator and numbers to keep her company.

Triad Hospitals,Inc. Announces Pricing for Previously Announced Debt Tender and Consent Solicitation

Triad Hospitals, Inc. (the "Company") announced today that it has determined the tender offer yield for its outstanding tender offer and consent solicitation

Market Report -- In Play

Nighthawk Radiology announces expansion of service offerings through acquisition of Midwest Physician Services

Market Spotlight: Delivery Services

Air freight and shipping companies that struggled to recover from a steep decline in share prices a year ago are finally starting to see some relief.

Stallion Oilfield Services' outlook cut to negative - Moody's

Moody's Investors Service said it has changed the ratings outlook for Stallion Oilfield Services Ltd to negative from stable.

Understand The World Of Free Debt Consolidation Services

With easy and better repayment terms, now everyone can settle her/his dues with the help of free debt consolidation services.

Sunair Services Corporation to Sell Percipia, Inc.

Sunair Services Corporation (Amex: SNR) today announced that it has entered into an agreement to sell its telephone communications subsidiary

Portland schools go deeper in debt

The Portland School Department's budget deficit could top $2.5 million by the time auditors complete a financial review of the year that ended June 30.

Subprime meltdown sparks blame game

A turn for the worse this week in the subprime home loan meltdown has pundits and investors playing the blame game.

Con-way Acquires Contract Freighters, Inc. to Accelerate Growth and Expand Service Offerings

$750 Million Acquisition Creates Unique Transportation and Logistics Enterprise with More Diversified Revenue, Broader Capabilities

Big projects may be on county's horizon

In an era of “big government spending” where annual national budgets run into the trillions and annual deficits into hundreds of billions

Dominion Announces Final Results for its Debt Tender Offer

Dominion Resources, Inc. announced today the final results for its debt tender offer to purchase up to $2.5 billion of its debt securities

Springfield man sues debt collection agency

A Springfield man’s lawsuit against a debt collection agency over alleged improper practices moved to federal court yesterday.

New York Times Co. debt rating is cut to BBB

New York Times Co.'s debt rating was cut one level to BBB, the second-lowest investment grade, by Standard & Poor's,

United snares US services company

UNITED Group has bought American property management company Unicco Service Company for $477 million

Quebecor scrubs bond sale amid U.S. debt jitters

A deepening mess in the U.S. subprime loan market has sideswiped a rash of corporate junk bond issues

Pemco says to sell commercial services unit for $43 mln

Diversified aerospace and defense company Pemco Aviation Group Inc. (PAGI.O: Quote, Profile, Research) said it agreed to sell its commercial services segment

Marlin & Associates Earns Four Awards at The M&A Advisor Conference

The M&A Advisor, a conference producer and newsletter publisher serving the middle market finance industry

Annual emerging market debt funds review

Nine years into the amazing emerging markets debt bull run, a new survey from Standard & Poor’s Fund Services

FED FOCUS-Subprime worries quickly reshaping rate ideas

Prospects for a huge downgrade of subprime-related debt have boosted chances that the Federal Reserve will need to prop up the U.S. economy

Fitch Revises BMHC's Outlook to Negative; Affirms Sr. Secured Debt at 'BB+'

Fitch Ratings has affirmed the following ratings on Building Materials Holding Corporation (BMHC):

Moody's Upgrades PolyOne

PolyOne Corporation , a leading global provider of specialized polymer materials, services and solutions,

Greenbrier Companies Reports Fiscal Third Quarter 2007 Financial Results

The Greenbrier Companies , a leading supplier of transportation equipment and services to the railroad industry

Treasuries Rise First Time in Four Days on Subprime Concern

Treasuries advanced for the first time in four days on speculation subprime mortgage losses and higher lending rates may slow U.S. economic growth.

Debt Logistics Offers Consumers First Private and Personalized Tool to Reduce Debt Payment

ARC Systems today launched the first online tool specifically designed to let consumers take control of their credit card debt.

Credit Agencies Back J&J Ratings

Credit agencies Fitch Ratings and Standard & Poor's Ratings Services on Monday backed debt ratings

Treasury Auctions Scheduled for This Week

The Treasury’s schedule of financing this week included today’s regular weekly auction of new three- and six-month bills

Leaving Debt Behind

For millions of Americans, the financial strain of debt causes many to seek help from outside credit and debt service companies

Debt Free Life Is Just A Click Away- Go For Online Loan Application

The online loan application service by debt consolidation companies is the blessing in disguise for the people who are sick of their ever-mounting debts.

Bring Back Your Lost Confidence With Free Debt Consolidation Advice

With free debt consolidation advice you can move on toward a financially stable future where all your debts are paid and you are a free person.

Hedge Funds Defend InSight Health's Plan

Hedge funds that are slated to own InSight Health Services Inc. once it exits bankruptcy say there's no reason for a court to take a second look

Walgreen Co. Signs With Fifth Third Processing Solutions for Credit Card Processing Services

Fifth Third Processing Solutions is pleased to announce that Walgreens, the nation's largest drugstore chain,

Wal-Mart: Stay Out of Banking, Period

The Independent Community Bankers of America (ICBA), representing 5,000 small financial institutions nationwide

Bondholders have had their fill of leveraged buyouts

The world's biggest bondholders have had their fill of leveraged buyouts, convinced that increasing mortgage delinquencies would drag down the U.S. economy

A new way to tap equity without going into debt

Bill and Elaine Nolan paid top dollar when they bought their Tiburon house a few years ago at the height of real estate frenzy.

Counseling helps seniors in debt

At age 81, Norm Flugum is returning to the work force. The reason: He needs the money

Free from debt, Breckenridge

Breckenridge Village faced the greatest challenge in its challenge-filled history, but it got by with a little help from its friends.

Dalmac Energy Signs LoI To Buy Business, Assets Of Oil Field Services Company Based In West-central

Dalmac Energy (DAL.V) announced that it has signed a letter of intent to buy the business and assets of an oil field services company based in west-central Alberta.

Bonds fall on lower euro debt, firm U.S. services data

U.S. Treasury debt prices fell on Thursday, following the lead of weaker euro zone debt and after stronger-than-expected U.S. data on jobs and the services sector.

RadNet Announces Intent to Refinance Outstanding Debt

RadNet, Inc. (“RadNet”) (NASDAQ:RDNT), a national leader in providing high-quality, cost-effective diagnostic imaging services through a network

County: JFS audit overstates debt

Hamilton County says it owes “significantly less” to the state than the $224 million alleged last year in a blistering state audit of the county’s Job and Family Services Department.

Credit Card Debt Relief – More Than Two Credit Cards And You Need It

If you have started spending more than you earn, then credit card debt relief is probably what you need.

Urban Communications Inc. Announces Rescheduling of Major Debt

Urban Communications Inc. (TSX VENTURE:UBN) announces that it has reached agreement with its largest lender to reschedule its debt

Debt buries mortgage lender

In April, as he shut down the 300-employee mortgage business he'd built from scratch, Layne Sapp said he hoped to find a buyer who would resuscitate MILA.

Nursing Home Chain Sells for $4.9 Billion

Manor Care, the nursing home operator and long-term health care provider, said on Monday that it had agreed to be acquired by the Carlyle Group for $4.9 billion.

Debt collectors sued for $1.3 million

A Jacksonville debt collection agency was sued for more than $1.3 million Monday by State Attorney General Bill McCollum

AT&T ratings unaffected, Dobson on positive watch on acquisition news - S&P

Standard & Poor's Ratings Services said its ratings and outlook on AT&T Inc (A/Negative/A-1), the largest telecommunications company in the US

UPDATE 2-Walgreen to buy Option Care for $760.5 mln plus debt

Walgreen Co. (WAG.N: Quote, Profile , Research) on Monday said it plans to buy Option Care Inc. (OPTN.O: Quote, Profile , Research), a provider of home infusion pharmacy services

DCP Midstream Partners Completes $270 Million Acquisition from General Partner

DCP Midstream Partners, LP , or the Partnership, has completed its previously announced acquisition of partial ownership interests in DCP East Texas Holdings

Ladenburg Thalmann Retires Remaining Debt and Re-Elects 11 Board Members at Annual Meeting

Ladenburg Thalmann Financial Services Inc. (AMEX: LTS) today announced that it has completed the retirement of its remaining debt, $5,000,000 principal amount

Letters: Readers sound off about business issues

The study is thorough and has some insightful conclusions.

Consumer Credit: Tread carefully with your first credit card

College students are the largest identifiable segment of first-time customers for credit card issuers.

Women hurt themselves by not saving, investing

For a multitude of reasons, many women avoid dealing with the whole issue of savings and investing, seeming to be stuck in the 1950s.

Alan Prahl column: Persistence along with good advice brings debt relief

Do you know anyone who is struggling with debt? It can be tempting to stereotype people

Midweek Break; Discover Spinoff

Midweek Break: Markets are closed Wednesday for Independence Day.