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Wall Street Awaits Key Economic Reports
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Wall Street is on surer footing than it was a month ago, but it enters the fourth quarter with many questions still unanswered
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Tom Ferrick Jr. | Making city better with less
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Let's begin with some good news for a change: Philadelphia government is reasonably well run and generally efficient.
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Daniel Weintraub: Treasurer has incisive ideas about state coffers
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California's deep-seated fiscal troubles are by now well known to almost everybody who follows public affairs:
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Thruway deficit hits bond ratings
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The two leading bond-rating services might downgrade the New York State Thruway Authority's debt if the agency doesn't raise tolls to address a growing deficit
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CBS, NCO Engaging In Arbitrary Practices
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Are you caught in a vice dealing with Correctional Billing Services and NCO Financial Services, their collection agency
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Fitch Rates Florida's $200MM PECO Bonds 'AA+'; Outlook Stable
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Fitch Ratings has assigned an 'AA+' rating to the State of Florida's approximately $200 million full faith and credit state board of education
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Granholm issues Monday layoff notices to 35,000 state workers
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About 35,000 state employees were issued layoff notices this afternoon in the event of a government shutdown Monday
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Macquarie Infrastructure Company Announces Refinancing of Two Businesses
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Macquarie Infrastructure Company , a market leader in the ownership and operation of infrastructure businesses in the U.S.,
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Downgrade will raise cost of financing new hospital complex
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Moody's Investors Service yesterday downgraded the debt rating of Mercy Health System by a notch, as Mercy prepares to sell $300 million
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Budget should reflect council's prudent priorities
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On Friday, Snohomish County Executive Aaron Reardon will deliver his proposed 2008 county budget to the County Council
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Emerging market debt fund managers remain positive - S&P Fund Services
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Standard & Poors Fund Services said most managers of emerging market debt funds rated by it are positive on the outlook
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Dalrada Financial Announces Significant Reduction of Corporate Debt
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Dalrada Financial Corporation today announced a significant reduction of corporate debt.
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Distressed issues in US rises to 14.3 bln usd worth of debt in Sept - S&P
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Standard & Poor's Ratings Services said distressed issues across 13 sectors in US affected debt worth 14.3 bln usd
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City passes new tax rate
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According to Bullard City Manager Larry Morgan, there are some key factors to the city council's decision to raise the tax rate
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State examines taking on MBTA’s debt
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If you’ve taken a subway or bus ride lately, then you know the problems in service and maintenance facing the Massachusetts Bay Transportation
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Commercial Defeasance faces lawsuit
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Commercial Defeasance is the target of a lawsuit alleging the Charlotte-based company received undisclosed compensation for its services.
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Fitch Rates Talbot County, Maryland's $35MM Pub Improv Bonds 'AA+'; Outlook Stable
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Fitch Ratings assigns an 'AA+' to Talbot County, Maryland's (the county) estimated $25 million general obligation (GO) public improvement bonds
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Fitch Rts Lutheran Retirement Ministries of Alamance Cty, NC d/b/a Twin Lakes Comm 2007 Bonds 'BBB+
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Fitch Ratings has assigned a 'BBB+' rating to the North Carolina Medical Care Commission's $39,850,000 series 2007 bonds
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Debt.com Launches to Ease Consumer Fears
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Debt.com announced the launch of their new website Monday which will act as a portal to provide consumers with options
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Fitch Upgrades Southlake, Texas Outstanding GOs & Sales Tax Revs; Rates GOs 'AA'
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Fitch Ratings assigns an 'AA' rating to Southlake (the city), TX's $6.7 million tax and waterworks and sewer system (limited pledge)
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Teaching financial literacy
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The Consumer Credit Counseling Service of Maryland and Delaware, Inc. (CCCS), located just minutes away from UMBC
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Glen Arbor sets meeting to lower fire, rescue millage rate
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A proposed budget that will allow a lower millage rate for fire and emergency services will be reviewed for a final time
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Fitch Affirms Northern California Power Agency Geothermal Project & Hydroelectric Project at 'A'
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Fitch Ratings affirms its underlying rating of 'A' on Northern California Power Agency's (NCPA) $490.08 million outstanding hydroelectric project
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Financial Services Highlights: The Race is On
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In Friday’s Federal Reserve report – for the week ended September 12 – bank balance sheets grew by another $70 bln
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Service members have special rights
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I have a debt of about $4,000 from a cell phone company that said I was using my minutes and phone while I was in Iraq
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City to apply for boat dock, pump grant
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The city plans to apply for an Ohio Department of Natural Resources grant which will continue efforts to promote a cleaner Muskingum River.
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Give a guy credit for trying to pay off early
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Dear Fixer: Can you help me with Ford Credit? I bought a Ford Explorer in 2005 and enrolled in the auto debit program.
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Get Free Debt Consolidation Counseling
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If you are in a difficult financial situation, you are probably seeing counseling on ways to pay back your debt.
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PJC reviews tax rate prior to approval
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Paris Junior College regents vote on a 7.66 percent property tax increase at a 7:45 p.m. meeting Monday
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Lack of urgency on national debt is a scary stance
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It's become an all-too-familiar ritual: The federal government maxes out the national credit card and the White House
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Credit counseling delays inevitable
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Regarding "Housing woes deepen in valley" (Sept. 18, Page A-1): I have had several clients use my services after spending thousands for a credit counseling
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U.S. can fight global poverty through debt relief
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I have not eaten since Sept. 1 and do not plan to do so until mid-October. During this fast, I will walk the halls of Congress
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R.H. Donnelley Sells Bonds; High-Yield Demand Returns (Update2)
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R.H. Donnelley, the biggest independent publisher of Yellow Pages telephone directories, led the biggest week
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City approves tax rate, take over of Brenham fire museum
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The Brenham City Council Thursday gave final approval to a $58.4 million budget for the fiscal year
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Moody's Upgrades Devon Energy Ratings
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Moody's Investors Services on Friday raised its investment-grade credit ratings on Devon Energy Corp. due to the oil and gas
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Debt Consolidation Loan - Is It Your Last Resort
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A debt consolidation loan offered by consolidation companies can bring you a lifelong relief only if you utilize their services well
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S&P, Fitch cut Kohl's debt ratings
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Two major credit ratings services cut their ratings on Kohl's Corp. debt after the retailer Thursday announced that it will use debt financing
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Paulson says he supports national standards for mortgage originators
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Treasury Secretary Henry Paulson said today he would support an effort to create uniform standards
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Municipal budget carries 5-cent hike
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North Brunswick residents will see a 5- cent tax rate increase under the fiscal year 2008 municipal budget
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Council stands pat on taxes
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City services won out over lower taxes Monday night when council members voted, 5-2, to hold the city’s property tax rate
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Monro Muffler Brake, Inc. Provides Business Update for Second Quarter 2008
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Monro Muffler Brake, Inc. , a leading provider of automotive undercar repair and tire services, today announced that it currently anticipates second quarter 2008
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Rural/Metro outlook cut to negative from stable on liquidity concerns - S&P
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Standard & Poor's (NYSE:MHP) Ratings Services said it has revised its outlook on US-based medical transport services provider Rural/Metro Corp (NASDAQ:RURL)
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S&P bulletin on Superior Energy Services Inc
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Standard & Poor's Ratings Services today said that the announcement by Superior Energy Services Inc
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Jefferson County is in pilot program for child support pay
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A pilot program is being initiated in Jefferson County to serve parents who receive child support and alimony payments
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Texas Attorney General Greg Abbott Takes Action Against Debt Collector For Harassing Consumers
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Texas Attorney General Greg Abbott today charged a Tarrant County-based collection firm with attempting to unlawfully collect invalid debts
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Social services 'should have NHS funds'
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Extra funding expected to be earmarked for the NHS should be diverted to social services
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CareOne Credit Counseling Services Reminds College Freshman to Focus on Education, Not Overspending
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College freshmen are getting their first taste of freedom as they head off to school on their own.
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CEMEX to Construct $400 Million Cement Manufacturing Facility in Arizona
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CEMEX, S.A.B. de C.V. (NYSE: CX) announced today that it intends to begin the permitting process for the construction of a 1.9 million short ton cement
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TEXT-S&P release on National Oilwell Varco Inc
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Standard & Poor's Ratings Services said today that it revised its outlook on Houston, Texas-based capital equipment provider National Oilwell Varco Inc.
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R.H. Donnelley Updates 2007 Guidance
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Company Completes Acquisition of Business.com - Leading Business Search Engine and Pay-Per-Click Advertising Network
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Ariel Way Significantly Reduces Debt and Liabilities
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Ariel Way, Inc., a technology and services company for highly secure global communications, multimedia including digital signage solutions
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Lay credit-card debt away for the holidays
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The calendar doesn't lie. We're less than 90 days away from the kickoff to the holiday-shopping season. I know -- hard to believe, but it's true
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Bondholders Hoisted by Petards as Corporate Sales Depress Debt
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During the summer of subprime discontent, bondholders refused to purchase the debt of the most creditworthy borrowers
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Fitch Downgrades Fidelity National Information Services to 'BB' on Acquisition; Sec. Bank Debt 'BB+
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Fitch Ratings, in response to Fidelity National Information Services (NYSE:FIS) $1.8 billion acquisition of eFunds Corp. (EFD)
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Black hole week begins on Wall St
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INVESTORS around the world will be anxiously watching Wall Street this week, with investment banks stung by the sub-prime crisis likely to report a $US30 billion ($35.6 billion)
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Sanfilippo Seeks More Efficient City Government
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To mayoral candidate Shirley Sanfilippo, who served for more than a decade as city clerk, the current management style
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Free Debt Consolidation Services: To Get Out Of Rather Tough Period Of Life
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You may need to consider availing free debt consolidation services when passing through a pretty tough period of life
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Senate Finance Committee passes budget bills untouched
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Although discussion and votes on Fiscal Year 2008 budgetary bills were sharply divided between the Senate's majority and minority on Friday
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US current account deficit narrows to 190.8 billion
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The US balance of payments deficit narrowed in the second quarter to 190.8 billion dollars from 197.1 billion in the first quarter
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U.S. House panel to hold Sept. 27 ratings hearing
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The U.S. House Financial Services subcommittee on capital markets on Friday said it will hold a Sept. 27 hearing on the role of credit rating agencies
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JP Morgan spin-off loses financial services expert to rival
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Middle-market buyout firm Arsenal Capital Partners is profiting from large-cap rival CCMP’s abandonment of the financial services sector by nabbing one of the partners from the JP Morgan spin-off.
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Thomson Debt Rating Cut to Baa1 Over Acquisition
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Thomson Corp.'s debt rating was reduced by one level to Baa1 from A3 by Moody's Investors Service, which cited the proposed $17.9 billion
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Fitch Rates Ocala, FL's $24.7MM Capital Improvement Refunding Certificates 'AA-'
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Fitch Ratings assigns an 'AA-' rating to the City of Ocala, FL's (the city) $20.3 million capital improvement revenue certificates
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Counseling Service has Middlebury building plans
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The Counseling Service of Addison County (CSAC) has put the finishing touches on a $650,000 fund-raising campaign
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Clinton's Brother Settles Debt Suit
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A lawsuit accusing Democratic presidential candidate Hillary Rodham Clinton's brother of failing to repay debts to a Tennessee carnival
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Fitch Affirms UHHS/CSAHS Obligated Group, Ohio's Revs at 'BBB'; Outlook to Negative
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Fitch Ratings affirms its 'BBB' rating on the approximately $89,000,000 County of Cuyahoga, Ohio, Hospital Facilities Revenue Bonds
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Fitch Rates Jacksonville, Florida's 2007 Excise Tax Bonds 'AA'
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Fitch Ratings assigns an 'AA' rating to the City of Jacksonville, Florida's (the city) approximately $41.9 million excise tax revenue bonds
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S&P Affirms Chesapeake Energy Rating
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Standard & Poor's Ratings Services on Wednesday affirmed its noninvestment grade credit rating on Chesapeake Energy Corp.
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GoAmerica(R) Announces Agreement to Merge With Hands On Video Relay Services, Inc.
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GoAmerica, Inc. , a provider of communications services for people who are deaf, hard-of-hearing, or speech-disabled, today announced the execution of a definitive merger agreement
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Does Free Credit Card Debt Consolidation Exist?
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Free credit card debt consolidation service is often advertised by many credit card and debt consolidation service providers.
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TEXT-Moody's release on Regency Energy Partners
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Moody's Investors Service upgraded the ratings of Regency Energy Partners LP (RGNC.O: Quote, Profile, Research) (Regency, the MLP) following a sizable equity
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Fitch Rates Seminole Tribe of Florida $459MM Special Obligation Bonds 'BBB-'; Outlook Positive
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Fitch Ratings assigns an initial 'BBB-' rating to the Seminole Tribe of Florida's (STOF) $459 million special obligation bonds
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Innophos to Make Optional Debt Prepayment
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Innophos Holdings, Inc. , a leading North American specialty phosphates producer, today announced its Innophos, Inc.
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Fitch Rates Cleveland, Ohio's $148.2MM 2007A Airport System Revs 'A'; Outlook Stable
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Fitch Ratings assigns an 'A' rating on the City of Cleveland, Ohio's $148.2 million airport system revenue bonds, series 2007A
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Rohm and Haas Company Executes $1 Billion Accelerated Share Repurchase
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Rohm and Haas Company today executed an agreement with Goldman, Sachs & Co. to repurchase $1 billion of its outstanding common stock
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Fitch Rates Upper Chesapeake Health System's (Maryland) $124MM Bonds 'BBB+'; Outlook Stable
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Fitch Ratings has assigned a 'BBB+' rating to Upper Chesapeake Health System's (UCHS) $124,075,000 series 2007A and 2007B bonds
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DXP Enterprises, Inc. Announces Completion of the Acquisition of Precision Industries and Conference
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DXP Enterprises, Inc. (NASDAQ:DXPE) announced today the completion of the acquisition of Precision Industries.
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Fitch Rates North Carolina Infrastructure Finance Corp's $200MM COPs 'AA+'
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Fitch Ratings assigns an 'AA+' rating to $200 million North Carolina Infrastructure Finance Corporation (IFC) certificates of participation
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More responses to Budget 2008
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Hewlett-Packard (M) Sdn Bhd MD TF Chong
HP welcomes the government’s continued support for the IT industry
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County to discuss expansion contracts
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Construction for the expansion of the Pitt County Detention Center will move forward if contracts are awarded for 12 projects
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Calls on rise at debt agency
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Steve is a Canal Winchester resident who refinanced his home three years ago with a two-year adjustable-rate mortgage
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Debt service
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Governors Christie Whitman and Jim Florio engaged in the practice of tapping the public employees' pension funds to help balance the budget
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Sewer rates will rise
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The average monthly sewer bill for a Jefferson County family of four is $58.55 - almost four times what it was a decade ago
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Council moving forward in budget process
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The New Braunfels City Council is expected to move toward approving the city's proposed 2007-08 fiscal year budget at a meeting Monday night.
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New tax distribution includes larger debt
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Two things are sure in life: death and taxes.
Another sure thing is where those taxes go in Killeen.
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Second dwelling
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The ripple effect of the subprime mortgage meltdown has resulted in a decline in the availability of money for home purchase
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Farmers Struggle With Insurance Costs
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The cost of health care in the U.S. is putting a pinch on many family farmers and ranchers who struggle to pay high premiums
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Top 10 tips for digging out of debt
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Paying off debt is a matter of making more money than you spend and then allocating the extra funds to outstanding balances
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Hythiam files shelf for $50 million in debt, stock
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Hythiam Inc (HYTM.O: Quote, Profile, Research) filed with regulators on Thursday to periodically sell up to $50 million
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Fitch Rates Casa de las Campanas (California) Retirement Community's $45.6MM 2007 Bonds 'A-'
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Fitch Ratings has assigned an 'A-' underlying rating to Casa de las Campanas' (Casa) $45,645,000 series 2007 bonds
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Grad Student Credit Card Debt Levels Remain Stable, but Few Pay Cards in Full Each Month
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While the average credit card usage and debt levels among graduate students have remained stable since 2003, older graduate students
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Citizens against using city PFD for rate subsidy
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The city council chambers were unusually full as several members of the public and board members from the Petersburg Economic Development Council
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Dissecting the Mortgage Meltdown
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After watching mortgage market turmoil steal headlines throughout the August congressional recess, House Democrats
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SEC Reviews Risk Conduits Pose to Wall Street Firms
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The U.S. Securities and Exchange Commission is ``monitoring'' the biggest Wall Street securities firms to gauge whether they face losses from investment vehicles
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First Data: as much as 30% of bank loans could stay on banks’ books; no decision on HY Bonds
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While the rumored Tuesday closing of First Data’s take-private deal could prove to be only market chatter, sources familiar with the situation said banks
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Telanetix Executes Definitive Agreement to Acquire AccessLine Communications
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POSITIONED TO EXPAND INTEGRATED IP PLATFORM FOR VOICE, DATA AND VIDEO -- SCHEDULES CONFERENCE CALL FOR SEPTEMBER 5, 2007
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Arbor Realty Trust to Present at the Lehman Brothers Financial Services Conference
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Arbor Realty Trust , announced today that Ivan Kaufman, Chairman and Chief Executive Officer, and Paul Elenio, Chief Financial Officer, are scheduled to present at the Lehman Brothers
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Fee versus Free: The Ultimate Great Debt Advice Debate
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No matter where you go in the world, one question usually arises that separates factions into two camps.
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City studies shutting incinerator
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This week marks the last day the public will be able to comment on the Greater Detroit Resource Recovery Authority (GDRRA)
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A Way Out of Debt by Way of Iraq
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Nick Sloan was $68,021.35 in debt earlier this year when he decided he needed a change.
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Are credit markets dour? Big sale will tell
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Many found themselves in the office trying to make sense of the credit market shutdown that has left their banks responsible for the billions of dollars
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Hospital sought bonds to refinance debt, renovate and expand VBMC-Brownsville
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Valley Baptist Medical System felt the push of its peers this week when it was denied permission to secure bond money
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Americans will not forget their debt to French nobleman Lafayette
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Across the United States, Americans are celebrating the 250th anniversary of the birth of a French nobleman to whom they still feel indebted
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Hazel Crest Park District board approves debt certificate presentation
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The Hazel Crest Park District Board last week moved one step closer to approving a controversial $2 million debt certificate issuance.
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Firstsource solutions buys MedAssist for $330 mn
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In the second-largest takeover of an overseas business process outsourcing (BPO) firm by an Indian company, Firstsource Solutions has announced the acquisition of US-based MedAssist
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Home loan help gets 'hooray'
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President Bush's plan to help troubled mortgage borrowers keep their homes met with mixed reviews in the housing industry Friday
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