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Debt, credit counselors face scrutiny
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Scenario: You have more than $24,000 in credit card debt, and it's become impossible to meet the monthly payments.
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Fitch Rts DASNY Municipal Health Lease Rev Bnds, New York City Issue 'A+'
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Fitch affirms its 'A+' rating to $405.2 million Dormitory Authority of the State of New York (DASNY) Municipal Health Facilities Improvement Program
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Fitch Downgrades Prescott Valley MPC, Arizona Excise Tax Revs
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Fitch has downgraded to 'A+' from 'AA-' the rating on the Prescott Valley Municipal Property Corporation municipal facility revenue bonds.
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Correct: Fitch Rates Stanford Hospital & Clinics (CA) 2008 Bonds 'AA-/F1+'; Upgr Oustanding
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(This is an amended version of a press release originally issued on May 8 and corrects the dollar amount and series names of the new issues in question)
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CIT Shares Slide on Moody's Downgrade
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Shares of commercial finance company CIT Group(CIT - Cramer's Take - Stockpickr) dipped more than 4% Friday after Moody's Investors Service downgraded its debt.
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JetBlue prices and increases debt offer, 1st-Ld. Writethru
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JetBlue Airways Corp. said Friday it priced a public offering of convertible bonds due 2038 and increased the offering to $175 million from $160 million.
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SAD 7 budget passes at district meeting
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Islanders approved a $1.6 million budget Tuesday for the 2008-2009 Maine School Administrative District 7 school year at a district budget meeting
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Comptroller guides St. Louis to A+ for City credit rating
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Standard & Poor’s Ratings Services has raised the City of St. Louis’ general obligation credit rating to “A+” with stable outlook, up from “A.”
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Energy costs put pressure on city coffers
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The rising cost of energy is straining the city of Missoula's 2009 general fund to the tune of nearly $300,000, Mayor John Engen said Wednesday.
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Consolidated 5 tax increase is projected
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The Orangeburg Consolidated School District 5 board approved the first reading of its 2008-2009 budget Tuesday.
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Hologic convertible subordinated debt raised to 'B+' from 'B' - S&P
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Standard & Poor's Ratings Services said it has raised its rating on medical technology company Hologic Inc.'s
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AIS's Health Business Daily
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With Patient Debt Soaring, Health Insurers Are Helping to Arm Providers With New Collection Tools
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Fitch Rates Spartanburg Regional Health System (South Carolina) $180MM 2008 Bonds 'AA-'
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Fitch Ratings has assigned an underlying 'AA-' rating to Spartanburg County Health Services District's (SRHS) approximately $180.6 million revenue bonds
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Ratings: Triad, Crawford, Liberty (Debt), Nat'l. Lloyd's/Summit, Grange Mutual, Horace Mann, America
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Standard & Poor's Ratings Services announced that all of its ratings on Triad Guaranty Inc. (TGIC), currently 'BB', and its mortgage insurance subsidiary
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Online baby-sitting service expands markets
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If you are comfortable with the idea of exploring the Internet to find somebody to watch your kids, than chances are you would use the Web to take care of most everything else.
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Hedge funds seek specialist help with distressed debt
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Hedge funds, cashing in on the credit crisis by buying distressed credit, are turning to third-party hedge fund administrators to help them handle the back-end processing of these complex securities.
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Needs getting squeezed out by Illinois pension debt
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More tax money must be devoted each year to paying off pension debt under a 50-year payment plan approved in 1995.
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Protecting your nest egg
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The economy is stormy, sure. But with the right moves, and a little patience, you can shield yourself and your investments from the deluge.
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Being in a financial hole causes major stress
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I'm a 25-year-old mom of a 5-year-old, living with his father in a one-bedroom apartment.
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Zombie debts refuse to die
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Bankruptcy is supposed to get rid of bad pennies.
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TEXT-Moody's release on Wolf Hollow
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Moody's Investors Service affirmed Wolf Hollow I LP's (Wolf Hollow) first lien senior secured rating of B1 and the second lien senior
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Fitch Rates New Jersey Health Care Facilities Financing Authority's $249.7MM Bonds 'A+'
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Fitch assigns an 'A+' rating to the New Jersey Health Care Facilities Financing Authority approximately $249.7 million state contract bonds
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More US Lawmakers Demand SEC Probe Of Moody's Ratings
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More U.S. lawmakers are demanding a thorough examination of reports that Moody's Corp.'s (MCO) Moody's Investors Service
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Deep in debt, State to borrow future lottery earnings
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Faced with a growing budget deficit, now estimated at $17.2 billion, Governor Arnold Schwarzenegger released his revised budget on Thursday, May 15
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B-S Board eyes 5.5-mill tax hike for project debt
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Owners of Indiana County property within the Blairsville-Saltsburg School District face a 5.59-mill tax increase under a tentative new $28.8 million district budget.
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Tenneco affirmed,off negative watch; senior unsecured debt raised to 'BB-' - S&P
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Standard & Poor's Ratings Services signalled it is no longer considering a downgrade on Tenneco Inc.
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Help! I’m a college student in debt!
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Financial emergencies are common, but here's help!
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The middle class debt problem
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More and more people are falling under the shadow of the global credit crunch.
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Fitch Affirms Mid-Florida Medical Services 'BBB'; Outlook Stable
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Fitch affirms the underlying 'BBB' rating on approximately $72 million Polk County Industrial Development Authority series 2005 and 2006
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S&P likely to lower some Time Warner debt ratings
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Standard & Poor's Ratings Services said Wednesday that it will probably lower the long-term debt ratings of Time Warner Inc.
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Ron Paul, still pushing, still has nearly $5 million cash, no debt
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Rep. Ron Paul, the rebel Republican who's defying his party, its nominee and common political sense, is still campaigning
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Plains Exploration & Production's existing notes upgraded to 'BB' - S&P
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Standard & Poor's Ratings Services said it has raised its issue-level rating on Houston-based independent oil and gas firm Plains Exploration & Production Co.'s (PXP)
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Debt Dilemma-How to Know When to Get Help Consumer Tips from Consolidated Credit Counseling Services
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The party is over. Americans stuffed themselves on debt for two decades.
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Moody's release on MXEnergy Holdings Inc
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Standard & Poor's Ratings Services today revised its outlook on MXEnergy Holdings Inc to negative from stable
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Event Brief of Q1 2008 Magellan Health Services Earnings Conference Call - Final
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Melissa Rose, Magellan Health Services, SVP Investor Relations . Rene Lerer, Magellan Health Services,
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County To Discuss Mortgage Tax Increase
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It looks as though the .25 percent raise on the county’s mortgage tax passed three years ago will continue for another three years.
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Creative Services office ‘doing some analysis’ to reduce debt
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Staff members in IU’s Office of Creative Services are facing the possibility of layoffs.
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S&P Rates AIG's New Debt Offerings
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Standard & Poor's Ratings Services has assigned its 'A' junior subordinated debt ratings to American International Group Inc.'s €750 million ($1.163 billion)
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The Old Titans All Collapsed. Is the U.S. Next?
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Back in August, during the panic over mortgages, Alan Greenspan offered reassurance to an anxious public.
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Must voters, Aguirre sign off to borrow?
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Even with this week's news of a restored credit rating for San Diego, the city faces the same obstacle for its next planned borrowing
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Good lungs, debt-free: Soldier sold his cigs in the war, used money to build Stillwater home
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Ed and Rose Marie Edmundson took advantage of the fact that neither one of them smoke.
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Ultimately, who's going to get stuck with the bill?
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The development of a medical credit score system and the national debate over skyrocketing health-care costs have put the spotlight
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Vigo to get early state payment of $3.25 million
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Gov. Mitch Daniels on Friday ordered the state's portion of property tax replacement credits and homestead credits be paid early to local governments.
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VillageEDOCS Reports Q1 Revenues Up Modestly; Emphasis on Cost Controls Reduces Quarterly Loss
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VillageEDOCS, Inc. (OTCBB: VEDO), a Solution as a Service company, which is the largest segment of the Software as a Service (SaaS) market
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State's debt service could see trouble
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According to recently released reports from two national financial ratings services, Kentucky could be facing long-term negative implications
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Sprint Nextel long-term debt rating may be cut to junk status by Moody's
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Sprint Nextel Corp. may be downgraded to junk status, with Moody's Investors Service citing concerns over the telecommunications services
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Trico Marine makes $682M bid to acquire DeepOcean
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Trico Marine to buy majority stake in DeepOcean, makes $682M bid to acquire remaining shares
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DIRECTV's New High Definition Services and Focus on Multi-Family Market Positively Impact MDU
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MDU Communications International, Inc. (OTCBB: MDTV) -
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UPDATE 1-Mesa Air says to sell shares to repurchase debt
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Struggling regional airline Mesa Air Group Inc (MESA.O: Quote, Profile, Research) said on Wednesday its shareholders approved a plan
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Hewlett-Packard dives into debt market to fund $13.9bn EDS offer
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Hewlett-Packard is to brave the debt markets in the worst credit crisis for a decade to raise capital for its $13.9 billion
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Silicon Valley Bank Provides $9.5 Million in Debt Financing to InnerWireless
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Silicon Valley Bank, the premier commercial bank nationwide for technology and life science companies of all sizes
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Fitch Affirms Hewlett Packard on Proposed EDS Acquisition; Outlook Stable
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Fitch Ratings has today affirmed Hewlett-Packard Company's (HP) ratings following today's proposed acquisition by HP
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New Vision for Newsday
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Having clinched a deal for Newsday, Cablevision Systems Corp.'s challenge now is to ensure that the $650 million it will shell out for the newspaper will be worth it.
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Collections firms report brisk trade
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Capital Management Services — a debt collecting company — is rushing to double its staff by next year.
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Entercom Communications' 'BB-' CCR affirmed, outlook negative - S&P
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Standard & Poor's Ratings Services said it affirmed its ratings on radio broadcaster Entercom Communications Inc.,
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Evercore Partners Reports First Quarter 2008 Results; Declares Quarterly Dividend of $0.12 Per Share
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Evercore reports Net Revenues of $44.5 million and Adjusted Pro Forma Net
Income of $4.5 million, or $0.13 per share;
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S&P, Fitch cut AIG's ratings following big 1Q loss
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Standard & Poor's Ratings Services and Fitch Ratings each cut their debt ratings for American International Group Inc.
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UPDATE 1-IMF sees rising Italy debt, urges rapid action
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The International Monetary Fund warned on Thursday that Italy's public finances are deteriorating and urged Silvio Berlusconi's new conservative
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Board Presents Budget
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The East Hampton School Board held a budget presentation on Tuesday night detailing some of the expenditures
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S&P assigns ratings to DirecTV Group's new debt offerings
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S&P assigns ratings to DirecTV Group's new debt offerings, raises ratings on notes 1 notch
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U.S. Consumer Debt Rises More Than Forecast in March (Update2)
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U.S. consumer borrowing jumped more than double the amount economists forecast in March, indicating a slowing economy is forcing Americans
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Hartford Financial Services $500 mln senior unsecured notes rated 'A' - S&P
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Standard & Poor's Ratings Services assigned its 'A' rating to NYSE-listed Hartford Financial Services Group Inc.'s new $500 million senior unsecured fixed-rate note issue.
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Optimal Group Announces First Quarter 2008 Results
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Optimal Group Inc. (NASDAQ: OPMR) today announced its financial results for the first quarter ended March 31, 2008. All references are in U.S. dollars.
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Comforce reports sales and profit rose
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Woodbury-based staffing company Comforce Corp. said Tuesday sales and profits rose in the first quarter, compared to the same period last year.
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Primus Telecommunications Reports First Quarter 2008 Financial Results
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PRIMUS Telecommunications Group, Incorporated (OTCBB: PRTL), a global, facilities-based integrated communications services provider
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Warnex Reports on its Debt Restructuring
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On March 19, 2008, Warnex Inc. (TSX: WNX) ("Warnex") announced that it had entered into agreements in principle with the various holders
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The Kansas City Star, Mo., Paul Wenske column: Use tax rebates to build toward long-term wealth
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Great news this past week, right? The government started handing out free money to spend.
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Use tax rebate to pay down debt, boost savings
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So, did you get your "economic stimulus" payment yet?
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Emerging debt-Yield spreads narrow on positive market outlook
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Emerging market sovereign bond spreads narrowed sharply on Friday, though the improvement was based more on a big drop in underlying U.S.
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CORRECTED-(OFFICIAL)-TEXT-S&P release on Countrywide Financial
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Standard & Poor's Ratings Services said today that it lowered its ratings on Countrywide Financial Corp. and Countrywide Home Loans Inc.
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SMS unveils debt solutions roadshows
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Solent Mortgage Services (SMS) is undertaking a series of nationwide seminars and workshops to highlight the application of treating customers fairly (TCF)
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Johnson Morgan and White Announce New Head of Legal Services
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Johnson Morgan and White, a corporate debt collections firm specializing in forensic methods of recovery, have expanded their Legal Services Department to better aid businesses in their debt collection needs.
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ResCap announces $14B debt exchange offer
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Battered mortgage lender ResCap, a unit of GMAC Financial Services, plans to exchange or redeem $14 billion of its existing debt.
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South Western budgets with eye on future
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With a new long-range capital plan in place, South Western School District may be able to fund future construction projects without raising taxes
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Gentiva(R) Health Services Announces First Quarter 2008 Results and Reaffirms Financial Outlook
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Gentiva Health Services, Inc. NASDAQ: GTIV, the nation's leading provider of comprehensive home health services
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Asset-Backed Bond Returns Lag Behind Corporate, Mortgage Debt
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U.S. securities backed by credit card and auto loans are lagging behind other debt, a sign the Federal Reserve hasn't done enough to quell
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Top Five Mid-Cap Stocks
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Each business day, TheStreet.com Ratings compiles a list of the top five stocks in five categories -- fast-growth, all-around value, large-cap
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